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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.
  • UAE president, Biden meet virtually to discuss energy transition

    The two leaders highlighted the just announced comprehensive UAE-US initiative to accelerate the energy transition.

    The two leaders highlighted the just announced comprehensive UAE-US initiative to accelerate the energy transition

    UAE president briefed Biden on the UAE’s funding and assistance for clean energy projects on six continents

  • Lebanon says it has US ‘guarantees’ on Israel border deal if Netanyahu wins

    Hawkish former Israeli premier Netanyahu, who on Wednesday appeared on the cusp of returning to power, has staunchly opposed the...

    Israel and Lebanon struck a US-brokered sea border agreement last month that opens up lucrative offshore gas fields for the neighbours

    US President Joe Biden had hailed the "historic" deal, which comes as Western powers clamour to open up new energy production

  • Arab League voices ‘total support’ for Palestinians

    Member states affirmed in the summit's final declaration the "centrality of the Palestinian cause and our absolute support for the...

    The declaration came in the final statement of the first Arab League summit

    Palestinian president Mahmud Abbas had called for more support from the 22-state

  • Qatar authorities seize 144 counterfeit World Cup trophies

    The interior ministry of Qatar said officers launched an operation "acting on a piece of information about a website that...

    The Qatari ministry has released a photo showing the 144 life-sized trophies laid out across a floor and stated that "further legal procedures will be followed".

    In June, Qatar warned drivers for having illegal World Cup logo on car number plates, after special plates were sold in online auctions.

  • Palestinian President urges Arab support against Israeli ‘crimes’

    Abbas was addressing the first Arab League summit since the UAE normalized ties with the Jewish state in 2020, sparking...

    On Tuesday, summit host Algerian President Abdelmadjid Tebboune told the opening session that "our central and primary cause remains the Palestinian cause".

    The 22-state Arab League has for decades been a forum for strident statements of solidarity with the Palestinians, but has had little real impact in its 77 years of existence.

  • Middle East at risk of climate-induced food, water scarcity: Report

    Published only days ahead of the UN climate conference in Egypt, the report titled "Living on The Edge" said, by...

    According to the report, drought and water scarcity could impact crop yields in future decades, which will exacerbate reliance on food imports.

    Major oil exporters including the UAE and Saudi Arabia argue in favor of continued investment in fossil fuels to fund the transition to clean energy.

  • Facing criticism, Rishi Sunak reverses his decision to skip COP27 in Egypt

    A U-turn was hinted at on Tuesday when his spokesman said the decision was "under review" and after reports that...

    Sunak's original decision not to attend the gathering in the Red Sea resort of Sharm el-Sheikh drew the ire of environmental campaigners

    During his tenure, Johnson championed renewable energy as the key to a greener UK economy and its quest for net-zero carbon emissions by 2050

  • Restoring banned Twitter accounts may take some weeks: Elon Musk

    Twitter users have been watching closely to see whether Musk will reinstate Trump, banned for inciting last year's attack on...

    Since Musk takeover on Twitter, Trump has suggested that he would be sticking with his own Truth Social messaging platform rather than going back to Twitter.

    The new Twitter boss said he had talked to civil society leaders about how Twitter will continue to combat hate and harassment and enforce its election integrity policies.

  • Calls for WC worker compensation fund a publicity stunt: Qatar

    Human rights groups accuse Qatar of under-reporting deaths. The government strongly disputes reports that thousands have died on construction site...

    Qatar's Labor Minister said 420,000 workers have switched jobs and $320 m has been paid out this year alone to workers who had lost wages.

    The minister said he was discussing making the ILO's office in Doha permanent, and that Qatar wants to host an annual dialogue on protecting migrant workers.

  • Saudi Arabia, Egypt discuss renewable energy cooperation

    The two ministers also talked about the progress in the electrical interconnection efforts.

    The two ministers also talked about the progress in the electrical interconnection efforts

    They also discussed ways to improve cooperation between their specialized businesses