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Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

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.

Countdown begins for NASA’s historic Moon mission

If successful, Artemis II will carry four astronauts on a lunar flyby, testing critical systems needed for future missions that aim to land humans on the Moon and eventually establish a sustained presence there.

US strikes Iran’s Isfahan with 2,000-pound bunker-buster bombs; Trump shares video

The United States and Israeli forces reportedly carried out strikes on an ammunition depot in Iran’s Isfahan early Tuesday, according to a report by The Wall Street Journal.

The global price tag of war in the Middle East

This is not only a regional crisis. It is a structural shock to the world economy, delivered at a moment of geoeconomic fragility. The longer it runs, the more lasting the damage becomes. First it hits oil, gas, shipping and aviation; then inflation, industrial costs and food security; and eventually trade routes, investment decisions and political stability, Robert Muggah Founder, Igarapé Institute writes.

The asymmetry at the heart of this war’s economic geography is stark. The US imports relatively little oil through Hormuz. More than 80% of oil and LNG shipped through the strait in 2024 went to Asian markets, with China, India, Japan and South Korea the primary destinations, he adds.

AWS outage in Gulf raises reliability concerns as services remain disrupted over a week after strikes

Cloud services operated by Amazon Web Services (AWS) in the Gulf region continue to face disruptions more than a week after drone strikes damaged data centre infrastructure, raising concerns about the reliability of critical digital systems in an increasingly volatile geopolitical environment.

‘Strait of Hormuz disruption could trigger long-term shift in global trade and energy flows’

Kelsey Goodman of the World Economic Forum discusses Strait of Hormuz disruptions, global trade risks, and how GCC economies can turn crisis into opportunity.

Dubai moves from importing innovation to exporting it, says Future Solutions Head

Dubai’s innovation ecosystem is entering a new phase, argues Amer Abdulraoof, Head of Dubai Future Solutions – Prototypes for Humanity, with university-led prototypes now being scaled through government and industry partnerships.

MEA market decision-making cycle is fast but risk-averse: Ralph Melis 

The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...

WEF’s risks report 2025: Rising geopolitical tensions, environmental threats, disinformation dominate future threats

A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by escalating geopolitical tensions and global fragmentation in cooperation and governance

Middle East conflict: Trade tensions rise as oil jumps and tariffs shake markets 

Several ports suspended operations in the Middle East after drone strikes. DP World said operations at Jebel Ali port in Dubai, one of the world's busiest container ports, had been suspended due to a fire after "aerial interception," he adds.

Abu Dhabi residential property sales hit record $19.9bn in 2025

Apartments dominated the sales market, accounting for 66% of transactions, reflecting strong developer activity in the segment

Traditional coffee roaster reflects Saudi heritage

The mahmas is typically made of thick iron or copper and consists of a hollow cylindrical disc with a long handle used to stir coffee beans during roasting.

Supply chain attacks emerge as top cyber threat to businesses: Study

The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.

US strikes Iran’s Isfahan with 2,000-pound bunker-buster bombs; Trump shares video

The United States and Israeli forces reportedly carried out strikes on an ammunition depot in Iran’s Isfahan early Tuesday, according...

The global price tag of war in the Middle East

The asymmetry at the heart of this war’s economic geography is stark. The US imports relatively little oil through Hormuz. More than 80% of oil and LNG...

Latest News

Countdown begins for NASA’s historic Moon mission

If successful, Artemis II will carry four astronauts on a lunar flyby, testing critical systems needed for future missions that...

AD Ports records $564 million 2025 net profit

The company said revenue grew 20 percent year-on-year to $5.65 billion, while net profit increased 16 percent, supported by strong...

Millions join ‘No Kings’ protests across US

More than 3,000 rallies were held across all 50 states, with participation estimates ranging from several million to as many...

Emaar Development to pay $1.1 billion dividend

The dividend represents 100 percent of its share capital. The company reported record property sales of approximately $19.4 billion in...

UAE Central Bank to hold rate after Fed pause amid regional tensions

Fed Chair Jerome Powell signalled a cautious approach, noting that elevated energy prices and geopolitical tensions could complicate the inflation...

AWS outage in Gulf raises reliability concerns as services remain disrupted over a week after strikes

Cloud services operated by Amazon Web Services (AWS) in the Gulf region continue to face disruptions more than a week...

‘Strait of Hormuz disruption could trigger long-term shift in global trade and energy flows’

Kelsey Goodman of the World Economic Forum discusses Strait of Hormuz disruptions, global trade risks, and how GCC economies can...

EDITOR'S PICK

3 ways travel drives economic growth while enhancing global connections and sustainability

WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs...

EVs just the start, urban mobility needs a holistic approach

Cities must adopt EVs alongside shared transport, robust infrastructure, clean energy, and inclusivity, says Jamie...

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private...

TikTok under fire: Espionage claims, election influence campaigns and controversies

The platform faces accusations of espionage in the United States, while the European Union has...

WEF’s risks report 2025: Rising geopolitical tensions, environmental threats, disinformation dominate future threats

A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by...

Latest News

UAE Central Bank to hold rate after Fed pause amid regional tensions

Fed Chair Jerome Powell signalled a cautious approach, noting that elevated energy prices and geopolitical tensions could complicate the inflation...

Financial frauds cost global economy over $442bn in 2025: INTERPOL

AI-enhanced fraud is 4.5 times more profitable than traditional methods. “Agentic AI” systems can autonomously plan and execute complete fraud...

IHC shareholders approve share buyback of up to $1.36 billion

The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...

Strait of Hormuz disruption threatens trade flows: UNCTAD

UNCTAD data shows Brent crude oil prices rose above $90 per barrel, while natural gas prices also increased sharply after...

G7 ministers consider oil reserves as markets face volatility

In a statement following a virtual meeting with International Energy Agency (IEA) Executive Director Fatih Birol, the ministers said they...

Dubai moves from importing innovation to exporting it, says Future Solutions Head

Dubai’s innovation ecosystem is entering a new phase, argues Amer Abdulraoof, Head of Dubai Future Solutions – Prototypes for Humanity,...

Traditional coffee roaster reflects Saudi heritage

The mahmas is typically made of thick iron or copper and consists of a hollow cylindrical disc with a long...

MEA market decision-making cycle is fast but risk-averse: Ralph Melis 

The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...

Middle East conflict: Trade tensions rise as oil jumps and tariffs shake markets 

Several ports suspended operations in the Middle East after drone strikes. DP World said operations at Jebel Ali port in...

Abu Dhabi residential property sales hit record $19.9bn in 2025

Apartments dominated the sales market, accounting for 66% of transactions, reflecting strong developer activity in the segment

Supply chain attacks emerge as top cyber threat to businesses: Study

The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.

Financial frauds cost global economy over $442bn in 2025: INTERPOL

AI-enhanced fraud is 4.5 times more profitable than traditional methods. “Agentic AI” systems can autonomously plan and execute complete fraud...
  • However, the report also found that law enforcement authorities are collaborating more effectively.
  • Since 2024, the number of fraud-related Notices and Diffusions has increased by 54 percent.

IHC shareholders approve share buyback of up to $1.36 billion

The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...
  • The repurchase will be carried out in coordination with the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX).
  • IHC did not provide further details on the timing of the repurchase in the latest disclosure, but the move comes as the conglomerate seeks to enhance shareholder value.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.
  • Excluding the impairment, the company would have reported a net profit of SAR 17 million for the year.
  • Earnings per share fell to SAR 12.05 per share in 2025, compared with a loss of SAR 0.73 per share in 2024.