Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Chinese diplomat, Arab Parliament speaker discuss Middle East

The Speaker of the Arab Parliament said they consider China a reliable, strategic partner.
  • China said the future of the Middle East should be in the hands of regional countries and people.
  • The diplomat said China supports an early, fair and reasonable settlement of the Palestinian issue.

BEIJING, CHINA – The director of China’s Office of the Central Commission for Foreign Affairs met with the speaker of the Arab Parliament Adel Al Asoomi here.

Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, said that Beijing is willing to work with Arab countries to firmly support each other, deepen pragmatic cooperation and mutual learning among civilizations.

He extended congratulatory greetings to Egypt, Saudi Arabia and the UAE on becoming full members of the BRICS group, Xinhua reported.

Wang stressed that the future and destiny of the Middle East should be in the hands of regional countries and people. China supports an early, fair and reasonable settlement of the Palestinian issue, he added.

Al Asoomi said the Arab side considers China as a reliable strategic partner.

He said the Arab side highly appreciates and supports the series of important initiatives put forward by China, and is willing to push bilateral relations to a new level.