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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.
  • Reform of multilateral financial institutions must for climate action, says Dr Al Jaber

    PARIS, FRANCE  -  COP28 President-Designate Dr. Sultan Al Jaber met French President Emmanuel Macron and outlined his vision on the need to reform multilateral financial institutions to unlock capital for clean technologies and adaptation efforts. During his meeting with Macron, Dr. Al Jaber emphasized the need for ambitious reforms across...
  • Empower 2022 net profit $762m

    Firm has proposed dividend of S$115 million for 2nd half 2022.
  • Funding gap, consumer apathy peter out sustainability in Middle East retail

    There’s a critical mass of shoppers who talk of making a difference with their purchases. Consumers are willing to pay more for products with a positive environmental impact or health benefits. For younger people millennials in particular, sustainable shopping is a mainstream preoccupation, they add.
  • FTX goes bankrupt in US

    The Cryptocurrency platform chief executive quits.
  • ESG strategy of firms in Middle East must not derail

    Winning firms are exploring innovative alternatives, guided by a strong sense of purpose and a flexible strategy. Disruption doesn’t demolish ESG ambitions. It fortifies them, add François Faelli, Global Managing Partner of ESG, Bain & Company and Akram Alami, Partner, Bain & Company Middle East.
  • Sharjah Education Council reveals new educational strategy

    The Sharjah Education Council launched its 2023-2025 strategy at a meeting held at its headquarters in Sharjah, in cooperation with Maestro Company. The Company reviewed various aspects of stages of the council’s strategic plan including advanced methodology based on best practices followed in this area. Moreover, the plan was prepared...
  • Abu Dhabi explores clean energy solutions in Canada

    The UAE delegation’s visit to Canada comes at a time when the UAE is preparing to host the 28th United Nations Climate Change Conference of the Parties (COP28) next year.
  • Three Saudi ports make world records on CPPI 2021

    The CPPI is an indicator produced by the Transport Global Practice of the World Bank.
  • Saudi Arabia to form national land alliance: Minister at GLF

    The forum will discuss issues like land decentralization, climate crisis, youth and land-based opportunities in rural areas, and building partnerships.
  • UAE: Where sustainable shopping can be a way of life

    If there is one country in the GCC where the idea of sustainable shopping can take off, it is the UAE. Yet, there is a lot for it to do in order to make the concept work.
  • Sustainable construction key to greener MENA

    Industry specialists in the region believe that the sector is becoming more sustainable despite many conflicting goals and complex challenges. “When tackling climate change it is, therefore, critical to address not only the operational carbon of buildings but also the embodied carbon and sustainable material use in construction,” Saeed Al...
  • DP World acquires 100% stake in Imperial

    The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access and logistics solutions capability.
  • UAE launches assessment of proliferation financing risks

    The United Arab Emirates' Executive Office for AML/CFT and the Executive Office of the Committee for Goods and Materials Subject to Import and Export Control have launched assessment of proliferation financing risks in the Emirates. The proliferation financing risk assessment will assist the UAE's public and private sectors to implement...