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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.

Libya closes Tunisia border crossing after outbreak of clashes

Tripoli, Libya--Libya ordered the "immediate" closure of its main border crossing with Tunisia on Tuesday following clashes between armed groups and...
  • According to Libya's interior ministry, it ordered the closure of the post "after outlaw groups attacked the post in order to create chaos"
  • Armed clashes began on Monday night between armed groups who control Ras Jedir and security forces sent by Tripoli, as per media reports

Govt source: Canada halting arms shipments to Israel

On Monday, the Canadian Parliament passed a nonbinding resolution calling for the international community to work toward a two-state solution...
  • The move comes as Ottawa has only exported "non-lethal" shipments such as communications equipment to Israel since the deadly October 7 attacks
  • Israel has historically been a top receiver of Canadian arms exports, with CAN$21 million worth of military materiel exported to Israel in 2022

Hamas leader blames Israel for sabotaging truce talks

Ismail Haniyeh said that the Israeli actions at Al-Shifa Medical Complex "confirm their intent to obstruct the recovery of life...
  • Negotiations for a Gaza ceasefire and hostage release were underway in Doha
  • Mossad head David Barnea had flown in for talks with the Qatari prime minister on Monday

EU members to discuss Bosnia entry into Union

Brussels, Belgium - A group of EU countries including Germany on Tuesday pushed for a green light to start membership negotiations...
  • The EU's 27 leaders will debate at a summit on Thursday a proposal from the bloc's executive to launch the talks with the Balkan country
  • Balkan country Bosnia has been an official candidate for membership since 2022 but needed to implement a string of major reforms

Israel strikes ammunition depot of Hizbollah in Syria

Beirut, Lebanon - Israeli raids hit warehouses storing weapons for the Lebanese Hizbollah group in Syria Tuesday, a war monitor said,...
  • The Syrian Observatory for Human Rights said the latest strikes near the capital Damascus Tuesday had destroyed weapons and ammunition
  • The Britain-based Observatory said it was the second such strike in two days, coming after raids on Sunday hit another Hizbollah weapons depot

Federal Reserve begins two-day talk on interest rates

Washington, United States - The US Federal Reserve began two days of discussions on Tuesday at which policymakers are expected to...
  • It will culminate on Wednesday afternoon with the publication of the interest rate decision, along with an updated summary of economic projections (SEP)
  • The Fed has raised interest rates to a 23-year high of between 5.25 and 5.50 percent as it looks to return inflation firmly to its long-term target of two percent

S.Africa says Israel war undermining top UN court

South Africa's top diplomat accused Israel of setting a precedent for leaders to defy the top UN court, as she...
  • South Africa has again petitioned the court in The Hague to order measures for Israel to stop "widespread starvation".
  • Israel hit out as the South African plea as "outrageous" and "morally repugnant," pointing to its initiatives, including humanitarian pauses in fighting.

Google’s new AI for corner kick tactics gets Liverpool approval

PARIS, FRANCE – Liverpool football analysts have given their seal of approval to a new artificial intelligence tool from Google that...
  • Many clubs across the world already deploy experts to comb through video and data to carefully plan corner kick scenarios ahead of matches.
  • Google DeepMind, the AI arm of the US tech giant, also targeted corners for its new TacticAI system in research.

AstraZeneca to buy Fusion

The $2.4bn deal is its latest expansion into cancer treatments.
  • Fusion is developing next-generation radiotherapy to treat cancer via precise targeting that minimizes damage to healthy cells
  • AstraZeneca, whose cancer treatments represent a third of its overall sales, saw its share price drop one percent following the news

Planet ‘on the brink’, with new heat records likely in 2024: UN

The annual State of the Climate report by the UN weather and climate agency confirmed preliminary data showing 2023 was by...
  • "Earth's issuing a distress call," UN chief Antonio Guterres said in reaction to the report, pointing out that "fossil fuel pollution is sending climate chaos off the charts".
  • One especially worrying finding was that marine heatwaves gripped nearly a third of the global ocean on an average day last year.

Syria: Assad faces stunning setbacks as rebels seize Daraa, Hama, and Aleppo in quick succession

While Aleppo and Hama, the two other main cities taken from government control in recent days, fell to an Islamist-led...

Latest News

Retaliation or defeat: Hezbollah at crossroads after Nasrallah’s killing

Widely seen as the most powerful man in Lebanon before his death of Friday, Nasrallah was the face of Hezbollah...

Death of Hassan Nasrallah in Beirut an inflection point in the Middle East conflict

Rarely seen in public, Nasrallah enjoyed cult status among his supporters and was the only man in Lebanon with the...

Biden ready to ‘adjust’ US forces in Mideast amid tensions: White House

Washington, United States - President Joe Biden ordered US forces in the Middle East to be adjusted "as necessary," the White...

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Helpless! Top EU diplomat regrets failure to ‘stop’ Netanyahu

EU foreign affairs chief Josep Borrell voiced regret Friday that no power, including the United States, can "stop" Israeli Prime...
  • EU foreign affairs chief Josep Borrell says no power, including the United States, can "stop" Israeli Prime Minister Benjamin Netanyahu
  • "What we do is to put all diplomatic pressure to a ceasefire, but nobody seems to be able to stop Netanyahu.."

Israeli air strikes hit densely populated Hezbollah bastion in Beirut

The strikes were by far the largest in scale. Iran embassy in Lebanon warns that the strikes 'change the rules...
  • Hezbollah chief Hassan Nasrallah was unharmed in the strikes, after Israeli television networks reported he was the target.
  • Israel's aerial bombardment of Hezbollah strongholds around Lebanon has killed around 700 people this week alone.

Saudi Arabia announces coalition to push for Palestinian state

Prince Faisal bin Farhan said the "International Alliance to Implement the Two-State Solution" included Arab and Islamic countries, as well...
  • Saudi Arabia paused US-brokered talks on recognizing Israel after the Hamas attack on Israel and the genocidal Israeli assault on Gaza.
  • The hard-right Israeli government of Prime Minister Benjamin Netanyahu remains implacably opposed to Palestinian statehood.