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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.

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.
  • The aviation giant must "reset our workforce levels to align with our financial reality," Chief Executive Kelly Ortberg said
  • The company announced a series of belt-tightening measures and production delays in the wake of the nearly monthlong strike of 33,000 workers

Japanese group wins peace Nobel, says Gaza like Japan 80 years ago

Nihon Hidankyo, a grassroots movement of atomic bomb survivors from Hiroshima and Nagasaki, also known as Hibakusha, received the honor...
  • The situation for children in Gaza is similar to the situation in Japan at the end of World War II, the co-head of Nihon Hidankyo said.
  • "In Gaza, children in blood are being held. It's like in Japan 80 years ago," Toshiyuki Mimaki told a news conference in Tokyo.

European Mediterranean states to discuss Middle East, migration

Leaders from nine European countries around the Mediterranean Sea are set to meet in Cyprus on Friday October 11 to...
  • Italy, Greece and Spain are the main arrival points in the EU for migrants displaced by war or fleeing poverty
  • The EU has been one of the biggest funders of humanitarian projects in the Palestinian territories

Erdogan says Gaza ‘shame of humanity’, calls for permanent ceasefire

Tirana, Albania - Turkey's President Recep Tayyip Erdogan renewed his attacks on Israel as he arrived in Tirana Thursday, the first...
  • Repeating his claim that Israel's actions in Gaza constituted "genocide", he branded it the "shame of humanity", at a joint press conference with Albanian Prime Minister Edi Rama
  • According to the Hamas-run territory's health ministry, 42,065 people have been killed in Gaza since the start of the war, with the UN saying the figures are reliable

Details: Fresh Israeli attacks kill more Lebanese as Europe flays Netanyahu over strike against UN

Israel attacks Lebanon killing dozens and injuring more than 100 people, while Joe Biden calls Netanyahu a "liar" and Amnesty...
  • “That son of a b*tch, Bibi Netanyahu, he’s a bad guy. He’s a bad f**king guy!”: said US President Biden in private, according to a new book
  • Amnesty International accuses Israel of "misleading" and inadequate calls for Lebanese residents to evacuate parts of the country

UN probe accuses Israel of seeking to ‘destroy’ Gaza healthcare

"Israel has perpetrated a concerted policy to destroy Gaza's healthcare system as part of a broader assault on Gaza," the...
  • The country is "committing war crimes and the crime against humanity of extermination with relentless and deliberate attacks on medical personnel and facilities", it added.
  • The report found that Israeli security forces had "deliberately killed, detained and tortured medical personnel and targeted medical vehicles" in Gaza.

US warns Israel not to repeat Gaza destruction in Lebanon

Netanyahu said in a video address addressed to the people of Lebanon on Tuesday: "You have an opportunity to save...
  • In a phone call on Wednesday, US President Joe Biden told Netanyahu to " harm" to civilians in Lebanon, particularly in "densely populated areas of Beirut", the White House
  • But Israeli armed forces chief Herzi Halevi vowed it would keep up the intensive bombing of Hezbollah targets that has already killed more than 1,200 people since September 23

Saudi Crown Prince holds talks with Iranian foreign minister in Riyadh

Saudi Arabia and Iran hold discussions on bilateral and regional issues, especially on peace efforts in Lebanon and Gaza. Also,...
  • "I hope that these consultations can lead to better conditions for Palestine and Lebanon and establish peace in the region"
  • Hezbollah told the Lebanese authorities it accepted a ceasefire with Israel the day an Israeli strike killed its leader Hassan Nasrallah

Nobel-winning physicist ‘unnerved’ by AI technology he helped create

Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence...
  • John Hopfield, a professor emeritus at Princeton, joined co-winner Geoffrey Hinton in calling for a deeper understanding of the inner workings of deep-learning systems
  • With the meteoric rise of AI - and the fierce race it has sparked among companies - the technology has faced criticism for evolving faster than scientists can fully comprehend

Israel continues to tear apart Gaza and parts of Lebanon; Hamas-Hezbollah alive and kicking

While Israel continues to attack Gaza and Lebanon, the situation is "very scary" in Gaza Strip according to a Red...
  • "It seems Israel aims to create long-term demographic changes through displacement to fully colonize Gaza"
  • Few remaining hospitals and clinics in Gaza have been hit hard by a lack of supplies with restricted humanitarian aid

Israel orders negotiators to Doha after fifth hostage-captive swap completed under truce deal

Hamas official Bassem Naim warned that Israel’s "procrastination" in implementing the agreement could jeopardize the ceasefire, as negotiations began on...

Latest News

‘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...

54 journalists killed in 2024, a third by Israel: media group

Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in 2024, a third of...

Transition in Syria: New PM says will ‘guarantee’ rights of all religious groups

With Assad's overthrow plunging Syria into the unknown, its new rulers have sought to assure religious minorities that they will...

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Crunch time for Saudi-hosted drought, desertification talks

Riyadh, Saudi Arabia -- Landmark talks on desertification are set to conclude in Saudi Arabia this week amid doubts that pledged funds...
  • The 12-day UNCCD COP16 meeting has announced billions in funding for drought response and land restoration.
  • The UNCCD said 1.5 billion hectares (3.7 billion acres) of land must be restored by decade's end and that at least $2.6 trillion in global investments were needed.

South Korean police raid president’s office

#South #Korean police raided President #Yoon Suk #Yeol's office as part of the investigation into his declaration of #martial law....
  • The deeply unpopular Yoon is already under a travel ban
  • Yoon survived an impeachment motion in parliament on Saturday

New Syrian rulers pledge stability, accountability, and reconstruction after Assad’s ouster

Abu Mohammed al-Jolani, the Islamist leader who headed the rebel offensive, had previously announced talks on a transfer of power...
  • The rebels appointed Mohammad al-Bashir as the transitional head of government to run the country until March 1, a statement said
  • Assad fled Syria as an Islamist-led opposition alliance swept into the capital Damascus over the weekend, bringing to an end five decades of brutal rule by his clan