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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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.

Turks to vote in local polls as Erdogan seeks to avenge defeat

Erdogan has entrusted his former environment minister Murat Kurum to run for mayor of Istanbul in the March 31 polls...
  • Erdogan is leading the AKP campaign and his rallies are broadcast daily on television
  • The government's failure to get inflation of 67% under control could hurt his Kurum's chances

Israel military signals extended operation at Gaza hospital

Jerusalem--A top Israeli commander has said troops will continue their operation at Gaza's largest hospital Al-Shifa until the last Hamas...
  • The operation in and around Al-Shifa hospital was launched by Israeli forces on Monday, saying senior Hamas operatives were based in the compound
  • Days of heavy fighting have followed, with the military reporting about 170 Palestinian fighters killed and hundreds more arrested or questioned

Hamas official speaks of big gaps with Israel in truce talks

An official from the Palestinian resistance group with knowledge of the talks said that there is a deep divergence in...
  • The talks over a ceasefire and possible exchange of hostages and prisoners resumed in Doha this week
  • Israel believes about 130 hostages remain in the Gaza Strip, including 33 who are presumed dead

End war’s ‘nightmare’, UN chief says at gates of Gaza

Rafah, Egypt - UN chief Antonio Guterres, on a visit to the doorstep of Gaza, on Saturday said the world has...
  • "I carry the voices of the vast majority of the world who have seen enough," Guterres said, deploring "generations wiped out"
  • Guterres appealed to Israel for "total, unfettered access for humanitarian goods throughout Gaza"

Gaza health ministry says Israel kills 9 people waiting for aid

Palestinian Territories - The health ministry in Hamas-run Gaza said Israeli fire on Saturday killed nine people and wounded dozens...
  • "At least nine martyrs and dozens injured by Israeli occupation army tank fire and shells," said Gaza's health ministry.
  • Just over a week ago Gaza's health ministry blamed Israeli fire for the death of 20 people seeking aid at the Kuwait roundabout.

Israeli minister calls UN ‘anti-Israeli’ as Guterres visits Gaza border

JERUSALEM - Israel's foreign minister said on Saturday the United Nations had become an "anti-Israeli body" under Antonio Guterres, after...
  • "Under his (Guterres's) leadership, the UN has become an anti-Semitic and anti-Israeli body that shelters and emboldens terror," Foreign Minister Israel Katz said.
  • Katz's government has accused staff at the UN agency for Palestinian refugees of involvement in Hamas's October 7 attack that triggered the war.

Putin vows retribution on Moscow concert hall attacks, as toll rises

Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
  • It is the deadliest attack on Russia in almost two decades and the deadliest in Europe to have been claimed by the Islamic State.
  • Russian officials expect the death toll to rise further, with more than 100 injured in hospital.

Nike’s long international struggle with Adidas

German newspapers reported that the American sports equipment giant overcame their rival's home advantage with a bid of around 100...
  • Nike scored their biggest upset this week when they persuaded the DFB to drop Adidas after four World Cup wins and 70 years
  • The Adidas contract with the German Football Federation will end after the 2026 World Cup in the United States, Canada and Mexico

US military says struck 3 Houthi underground storage sites in Yemen

The Houthis began attacking ships in the Gulf of Aden and the Red Sea in November, a campaign they say...
  • US forces "conducted self-defense strikes against three Houthi underground storage facilities in Iranian-backed Houthi controlled areas of Yemen," CENTCOM said
  • US forces had also "successfully engaged and destroyed four unmanned aerial vehicles" in Houthi-controlled areas of Yemen throughout Friday

UN Security Council vote on new Gaza ceasefire text postponed to Monday

Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...
  • The new, tougher draft resolution, seen by AFP, "demands an immediate ceasefire" for the ongoing Muslim holy month of Ramadan that leads "to a permanent sustainable ceasefire"
  • Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and unconditional" release of hostages seized by Hamas

ECB to cut rates again amid bleak eurozone outlook

The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence...

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US says Iran preparing imminent missile attack on Israel

Iran is preparing an imminent ballistic missile attack against Israel, the United States said on Tuesday, warning that any such...

Iran says will not send forces to confront Israel

An Israeli strike on Beirut Friday killed Hassan Nasrallah, the head of the Lebanese militant group Hezbollah that has been...

Qatar Airways seeking 25% stake in Virgin Australia

Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal...

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Israeli special forces in ‘limited’ Lebanon ground operations, says United States

Israeli forces have launched limited incursions in Lebanon, the United States said on Monday, while Lebanon's national army, dwarfed by...
  • Lebanese PM Najib Mikati called for a ceasefire based on a recent US-French proposal, urging "an end to the Israeli aggression against Lebanon"
  • Netanyahu in a video address to Iranian people say that change will "come a lot sooner than people think"

Two-thirds of Gaza buildings destroyed or damaged: UN

Updating its damage assessment, the UN Satellite Centre (UNOSAT) said very high-resolution imagery collected on September 3 and 6 showed...
  • "Those 66 percent of damaged buildings in the Gaza Strip account for 163,778 structures in total," it said.
  • Approximately 68 percent of the permanent crop fields in the Gaza Strip showed "a significant decline in health and density" in September.

Israel prepares for Lebanon ground invasion as Netanyahu tells Iranians ‘change coming soon’

While Israeli defense minister indicates imminent ground invasion of Lebanon speaking to his country's troops, Prime Minister Netanyahu addresses Iranian...
  • France and the United States call on Israel to avoid ground operations in Lebanon
  • Netanyahu in a video address to Iranian people say that change will "come a lot sooner than people think"