SUMMARY OF SIGNIFICANT POLICIES (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
|---|
| Accounting Policies [Abstract] |
|
| SCHEUDULE OF ESTIMATED USEFUL LIVES |
SCHEUDULE
OF ESTIMATED USEFUL LIVES
| Property, Plant and Equipment | |
| Years | |
| Machinery | |
| 5 – 15 | |
| Vehicles | |
| 5 – 10 | |
| Furniture, Fixtures & Office Equipment | |
| 3 – 5 | |
|
| SCHEDULE OF DEPOSITS, ADVANCES AND PREPAYMENTS |
SCHEDULE
OF DEPOSITS, ADVANCES AND PREPAYMENTS
| Deposits, Prepayments &Advances | |
June 30, 2025 | | |
December 31, 2024 | |
| QIND - Advances | |
| | | |
| | |
| Advance for Purchases- Georgia Fire & Rescue | |
| 151,000 | | |
| - | |
| Prepaid Bonus - Nicolas Link | |
| 53,516 | | |
| - | |
| Prepaid Bonus - Louise | |
| 13,300 | | |
| - | |
| Total - QIND | |
| 217,816 | | |
| - | |
| Al Shola Gas | |
| | | |
| | |
| Deposits & Advances | |
| | | |
| | |
| Project Job Refundable Security Deposit Against Project Performances | |
| 309,591 | | |
| 462,180 | |
| DEWA Office | |
| 545 | | |
| 545 | |
| Emarat General Petroleum Corporation LLC | |
| 13,624 | | |
| 13,624 | |
| WASL Land | |
| 5,450 | | |
| 5,450 | |
| Dubai Properties | |
| 34,060 | | |
| 34,060 | |
| Dubai Real Estate Corporation | |
| 6,812 | | |
| 6,812 | |
| DIRE Land | |
| 6,812 | | |
| 6,812 | |
| Emirates Gas LLC | |
| 13,624 | | |
| 13,624 | |
| Energy Tech | |
| 8,937 | | |
| 8,937 | |
| AL NABBAH REAL ESTATE | |
| 360 | | |
| - | |
| Total | |
| 399,815 | | |
| 552,044 | |
| Prepaid Expenses | |
| | |
| |
| Hamsah Office Rent | |
| 12,238 | | |
| 5,714 | |
| Store Rent | |
| 11,111 | | |
| 3,145 | |
| Insurance | |
| - | | |
| 8,500 | |
| Accommodation Rent | |
| 50,547 | | |
| 6,669 | |
| DCD License | |
| 1,698 | | |
| 277 | |
| Trade License | |
| 10,201 | | |
| 1,038 | |
| Visa Cost | |
| 39,610 | | |
| 45,128 | |
| Total | |
| 125,405 | | |
| 70,471 | |
| Other Pre-Payments | |
| | | |
| | |
| Aiwa Energy | |
| 81,744 | | |
| 81,744 | |
| Aiko Mall | |
| 20,436 | | |
| 81,744 | |
| Aswaaq Shopping Mall | |
| 238 | | |
| 24,762 | |
| Total | |
| 102,418 | | |
| 188,250 | |
| | |
| | | |
| | |
| Total Deposits, Prepayments &Advances | |
| 845,454 | | |
| 810,765 | |
|
| SCHEDULE OF OTHER LIABILITIES CURRENT |
SCHEDULE
OF OTHER LIABILITIES CURRENT
| |
|
June
30, 2025 |
|
|
December
31, 2024 |
|
| Employee
end of service benefits Al Shola Gas |
|
|
|
|
|
|
|
|
| Balance
from previous period |
|
|
139,985 |
|
|
|
154,261 |
|
| Add:
Charge for the period |
|
|
9,299 |
|
|
|
93,337 |
|
| Less:
Settle for the period |
|
|
(17,194) |
|
|
|
(107,613) |
|
| |
|
|
|
|
|
|
|
|
| Total |
|
$ |
132,090 |
|
|
$ |
139,985 |
|
|
| SCHEDULE OF CALCULATION OF DILUTED NET LOSS PER SHARE |
SCHEDULE
OF CALCULATION OF DILUTED NET LOSS PER SHARE
| Particulars | |
Three Months Ended
June
30, 2025 (unaudited) | | |
Three Months Ended
June
30, 2024 (unaudited) | | |
Six Months Ended
June
30, 2025 (unaudited) | | |
Six Months Ended
June
30, 2024 (unaudited) | |
| Basic and diluted EPS* | |
| | | |
| | | |
| | | |
| | |
| Numerator | |
| | | |
| | | |
| | | |
| | |
| Net income/(loss) | |
| 99,191 | | |
| 328,191 | | |
| (1,160,415 | ) | |
| 534,881 | |
| Net Income attributable to common stockholders | |
| (195,881 | ) | |
| 97,567 | | |
| (1,602,091 | ) | |
| 304,257 | |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted average shares outstanding | |
| 153,442,500 | | |
| 130,219,433 | | |
| 144,560,007 | | |
| 128,996,326 | |
| Number of shares used for basic EPS computation | |
| 153,442,500 | | |
| 130,219,433 | | |
| 144,560,007 | | |
| 128,996,326 | |
| Basic EPS | |
| (0.00 | ) | |
| 0.00 | | |
| (0.01 | ) | |
| 0.00 | |
| Number of shares used for diluted EPS computation* | |
| 173,692,500 | | |
| 130,469,433 | | |
| 164,810,007 | | |
| 129,246,326 | |
| Diluted EPS | |
| (0.00 | ) | |
| 0.00 | | |
| (0.01 | ) | |
| 0.00 | |
| * |
Includes
250,000 issued warrants as of June 30, 2024, and further as of June 30, 2025, also including 20,000 series B stock converting at
1:1000. |
|