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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.

Netflix adds millions of subscribers but growth slows

San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...
  • The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion
  • Netflix shares rose nearly five percent to $720.75 in after-market trades, trading at slightly more than double the price from a year earlier

‘Starvation tactics’ being used against 25 million people in Sudan

UN experts on Thursday accused the two sides in Sudan's civil war of using "starvation tactics" against 25 million civilians,...
  • The world must pay attention to the largest modern famine taking shape in Sudan today, says UN
  • Experts say "the volume of aid currently being delivered through this corridor is not enough to meet the population's needs"

Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation

Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...
  • Israel and the United States government officials express "relief" at the death of Hamas leader Yahya Sinwar
  • Iran's Revolutionary Guards chief Hossein Salami warned that Tehran would hit Israel "painfully" if it attacks Iranian targets

Major tech companies turn to nuclear energy to power data centers and AI initiatives

Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman...
  • Amazon, Microsoft, and Google are now looking to outgun each other with announcements on atomic energy
  • According to Goldman Sachs research, data centers will consume 8 percent of US power by 2030, up from 3 percent in 2022

“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures

Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle...
  • New measures to fight sextortion, a form of online blackmail where criminals coerce victims, often teens, into sending sexually explicit images of themselves
  • In some countries, Instagram will show teens a video in their feeds about how to spot sextortion scams

UN report says 1.1 billion people in acute poverty

More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday,...
  • 455 million live in the shadow of conflict, while 584 million people under 18 were experiencing extreme poverty
  • India was the country with the largest number of people in extreme poverty which impacts 234 million of its 1.4 billion population

Escalating Conflict: Israel strikes Hezbollah in Lebanon killing mayor war

Hezbollah claimed it destroyed an Israeli tank using a guided missile, while Israel reported killing Hezbollah leader Jalal Mustafa Hariri...
  • The latest exchanges came as Israel faced increasing international pressure after UN peacekeepers in Lebanon were wounded
  • The region is braced for Israel's promised retaliation against its arch-foe Iran for launching around 200 missiles at Israel on October 1

Middle East crisis top-of-mind at first EU-Gulf summit in Brussels

Confirmed at the last minute, the presence of Saudi Arabia's Crown Prince among the six Gulf leaders in attendance heightened...
  • The European Union is the second-largest trading partner for GCC countries but talks on a trade pact have languished for years.
  • Gulf countries have repeatedly called for the creation of a Palestinian state alongside Israel, with some playing a key role in efforts to secure a ceasefire in Gaza.

Asian markets track Wall Street losses on worries over tech rally

Hong Kong, China- Asian markets mostly fell on Wednesday after a tech-led sell-off on Wall Street fueled by worries about the...
  • Chip titan and market darling Nvidia sank more than four percent
  • Japan's Nikkei 225 was off more than two percent

Netanyahu rejects ceasefire’ in Lebanon, Hezbollah threatens to expand the scope of its missile strikes across Israel

In a call with French President Emmanuel Macron, Netanyahu said he was "opposed to a unilateral ceasefire, which does not...
  • Netanyahu's comments came as the United States ramped up pressure over Israel's conduct of the wars in Lebanon and Gaza
  • Netanyahu has insisted there must be a buffer zone along Israel's border with Lebanon where there is no presence of Hezbollah fighters

Egypt to host emergency Arab summit on Palestinians: foreign ministry

Cairo, Egypt -- Egypt will host a summit of Arab nations on February 27 to discuss "the latest serious developments" concerning...

Latest News

US contacts Syria’s HTS, Turkey reopens embassy, as Assad allies Iran and Russia face setbacks

The United States said Saturday it had made contact with Syria's victorious Hayat Tahrir al-Sham rebels, despite previously designating the...

Family-friendly ‘Astro Bot’ wins highest award at Oscars of video games

Los Angeles, United States -- Video game "Astro Bot" -- a family-friendly sci-fi adventure -- was named 2024's Game of the...

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

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G7 meeting to address Syria’s challenges following Assad’s ouster

Damascus, Syria - G7 leaders will meet virtually Friday to discuss the momentous changes underway in Syria, where the interim government...
  • Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir al-Sham (HTS) group and its allies
  • The UN humanitarian agency OCHA said Thursday that 1.1 million people, mostly women and children, had been displaced since the rebels took over

UNRWA warns of ‘apocalyptic’ conditions as Israeli airstrikes target aid, refugee camps, kill 58

The latest bloodshed came despite growing optimism that negotiations for a ceasefire and hostage release deal might finally succeed, with...
  • The UN and aid agencies have repeatedly warned about the acute humanitarian crisis in the besieged Gaza Strip, exacerbated by the war that has persisted for over 14 months
  • Families of the 96 hostages still in Gaza since the Hamas attack that triggered the war, including 34 the Israeli military says are dead, are pressing for their release

‘A matter of pride’: Saudis rejoice as World Cup bid approved

Riyadh, Saudi Arabia -- Fireworks and drones depicting the iconic golden World Cup trophy lit up the sky in Saudi Arabia's...
  • Sports are a major component of the Vision 2030 reform agenda overseen by Crown Prince Mohammed bin Salman, which aims to diversify the economy of the world's top oil exporter.
  • Sports Minister Prince Abdulaziz bin Turki Al-Faisal said Saudi Arabia was "opening up to the world" and could help football grow globally.