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Samarkand

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.

  • ‘Qatar leads the charge in food security initiatives’

    Several ministers of agriculture and food security from UN's Food and Agriculture Organization member states at the event discussed key innovative solutions to transform food systems in a way that contributes to accelerating the implementation of the 2030 Agenda for Sustainable Development, in addition to reviewing the challenges.

  • UAE discusses global economic challenges in EBRD meeting

    SAMARKAND, UZBEKISTAN -  The UAE, represented by the Ministry of Finance (MoF), participated in the 2023 Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) here on May 16-18.The meeting discussed global economic challenges and prospects for economic growth.The UAE delegation included Younis...

  • ACWA Power to invest $2.5bn in Uzbekistan green energy projects

    Dubai, UAE -- Saudi ACWA Power has signed three power purchase agreements and investment agreements valued at $2.5 billion with Uzbekistan to develop solar photovoltaic (PV) and battery energy storage systems (BESS) in several cities of the central Asian nation.The pacts were signed with Uzbekistan’s Joint-Stock Company (JSC) National Electric...

  • Russia portrays Samarkand summit as alternative to West

    Showcasing its growing rift with the Western world, Vladimir Putin will meet China's Xi Jinping and other Asian leaders in a regional summit in Samarkand. The Shanghai Cooperation Organization was set up in 2001 as a political, economic and security organization to rival Western institutions.