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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.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.
  • Food dispatch app Uber Eats launches robot deliveries in Tokyo

    Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they calculate routes on their own, using sensors to avoid pedestrians and other obstacles.Like self-driving delivery services launched by the company in North America, the Tokyo robots will be limited in...
  • Robots save UAE’s finance ministry 39,000 working hours

    Dubai, UAE -- UAE's Ministry of Finance has saved 39,000 hours of human labor by using bots, software applications that carry out automated tasks for 1.8 million transactions with more than 98 percent accuracy, the Ministry said.It has just completed phase two of embedding robotic process automation (RPA) into many...
  • The AI of war: computers and autonomous killing

    Observers say Beijing is massively investing in AI, to the point where it may soon be able to change the balance of power in the Asia-Pacific, and perhaps beyond. And that has profound implications for a world order that has long been dominated by the United States.
  • Dubai leverages AI robots in testing construction materials

    Dubai, UAE - Dubai has started using robots that employ X-Rays and other latest AI technologies to carry out automated chemical analysis and tests on various types of cement and other construction materials.The cement testing services are linked to a smart platform for laboratory testing services in Dubai Central Laboratory...
  • AI robots at UN say they could run the world in a better way

    GENEVA, SWITZERLAND -  A panel of AI-enabled humanoid robots told a United Nations summit on Friday that they could eventually run the world better than humans.But the social robots said they felt humans should proceed with caution when embracing the rapidly-developing potential of artificial intelligence.And they admitted that they cannot --...
  • AI may help in machinery repair, labor crisis

    The launch chatbot ChatGPT by the US firm OpenAI last year has resulted in an explosion of interest in uses of Artificial Intelligence across many sectors.
  • IT sector needs to prioritize few key areas in 2023

    Telco companies have already been building clouds for years, but as the drive towards distributed applications, choice and a highly flexible environment increases, we’ll start to see more cloud companies get into networking, infrastructure and customer-site management, adds Baguley.
  • US Gecko Robotics set to establish international HQ in UAE

    The Pittsburgh-based company is looking to establish a state-of-the-art manufacturing plant in Khalifa Industrial Zone Abu Dhabi.
  • MENA expects $320bn AI share in economy

    Artificial Intelligence market is growing in the Middle East by an estimated 20 percent to 34 percent annually, with GCC region taking the lead.
  • CB of Kuwait to digitize

    The bank CEO said robots will play a major role in the future.
  • ‘Challenging year ahead for logistics industry’

    Companies have used innovative methods to keep their operations running while overcoming numerous challenges linked to Covid-19 pandemic. However, the situation in the air freight market "continues to remain challenging," according to DHL Global Forwarding Middle East & Africa CEO Amadou Diallo.
  • Robots, big data as Gulf nations bet on AI

    The annual growth rate of the Middle East AI market is about 20 to 34 percent, led by the UAE and Saudi Arabia.
  • Smart cards and robots: Saudi Arabia’s ‘digital hajj’

    The digital system also allows the authorities to guide the tens of thousands who attend the annual event, which in years past has at times been marred by deadly stampedes and accidents
  • Robots hand out bottles of sacred water in Mecca ahead of the Hajj

    The move is designed to minimize human contact to contain Covid-19 spread Each of the 20 robots deployed loaded with three shelves of water bottles Hoping to reduce the threat of outbreak of Covid-19 at Islam’s holiest site in Mecca during the Hajj in July, the Saudi government has deployed...