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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.

Gaza agency says Israeli strike kills 40 in humanitarian zone

Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred"...
  • The strike hit Al-Mawasi - in Gaza's main southern city of Khan Yunis - which was designated a safe zone by the Israeli military early in the war
  • Israel's military has occasionally carried out operations in and around the area, including a strike in July that it said killed Hamas military chief Mohammed Deif

WTO says trade alone won’t bridge gap between economies

The WTO's 2024 report on global trade looked at the role that commerce has played to narrow the gap between...
  • The report found that low- and middle-income economies tend to engage less in international trade, receive less foreign direct investment and depend more on commodities.
  • WTO chief economist Ralph Ossa added: "Less trade will not promote inclusiveness, nor will trade alone."

First step for Europe’s hyperloop vehicles with test launch

Veendam, Netherlands -- The dream of hurtling between European cities at speeds of more than 700 kilometers per hour moved a...
  • For the moment, the speed is relatively slow at 30 kilometers (18.6 miles) per hour but operators hope to reach 100 kph (62 mph) by the end of the year.
  • Amsterdam to Berlin in 90 minutes or Milan in two hours -- the technology has the potential to revolutionize travel in Europe.

Israeli army orders new evacuation in northwest Gaza

The vast majority of Gaza's 2.4 million people have been displaced at least once during more than 11 months of...
  • Israel has issued numerous evacuation orders during its war against Gaza rulers Hamas
  • The evacuation orders have covered most of Gaza's territory, according to the UN

Jordanians to vote amid woes over economy and Gaza war

Jordanians will head to the polls on Tuesday to vote for a new parliament amid widespread frustrations over a lagging...
  • A Jordanian killed three Israeli guards at the border crossing between Jordan and the occupied West Bank
  • Public debt is approaching $50 billion and unemployment reached 21 percent in Q1

Israel’s Gantz says military focus needs to shift to Lebanon

"We have enough forces to deal with Gaza and we should concentrate on what is going on in the north,"...
  • Israel and Iran-backed Hizbollah have been trading near-daily cross-border fire, with the Lebanese militant group saying it is acting in support of its Palestinian ally Hamas
  • Gantz said Israel had made a mistake in evacuating much of the north of the country as hostilities with Hizbollah flared following the October 7 Hamas attack

Algeria’s Tebboune re-elected president for second term

That year, Tebboune became president after widely boycotted elections and mass pro-democracy protests from 2019 that died out under his...
  • More than 5.3 million people voted for Tebboune, accounting for "94.65 percent of the vote", ANIE head Mohamed Charfi told reporters
  • Tebboune, 78, was heavily favoured to secure a five-year second term in the race against moderate Islamist Abdelaali Hassani, 57, who took 3.17 percent of the vote

Iran’s president to visit Iraq on first foreign trip, sign MoU on security

Tehran, Iran -- Iran's President Masoud Pezeshkian will visit neighboring Iraq on Wednesday, state media reported Sunday, in what will be...
  • Pezeshkian will head a high-ranking Iranians delegation to Baghdad to meet senior Iraqi officials.
  • Since taking office, Pezeshkian has vowed to "prioritize" strengthening ties with the Islamic republic's neighbors.

‘Beautiful thing’: hijab-wearing singer looks to inspire

Dubai, United Arab Emirates - In a Dubai recording studio, hijab-clad Ghaliaa Chaker tunes her guitar and belts out original songs...
  • The 26-year-old Syrian, who was raised in the UAE, has become a social media sensation, with 437,000 followers on Instagram and millions of views on her YouTube channel
  • She offers not only a unique sound but also an unusual look in a region where artists who wear the hijab, the head covering characteristic of Muslim women, are few and far between

UAE’s Etihad finds ‘no issues’ with engines of A350 fleet: statement

Rolls-Royce said on Thursday it was launching "a one-time precautionary engine inspection programme" which may apply "to a portion of...
  • Etihad Airways, which operates five of the Airbus A350-1000s, is the only airline in the United Arab Emirates that has this aircraft type in service
  • "Etihad has discovered no issues, nor experienced any similar events with the engine, so does not anticipate any impact on its operations," it added

Maysa Sabreen made first woman chief of Syrian central bank

Damascus, Syria -- Syrian authorities have appointed Maysa Sabreen as interim central bank governor, a bank official told AFP on Tuesday,...

Latest News

Israel vows ‘harsh response’ to Hezbollah attack

Israeli Defence Minister Israel Katz vowed a "harsh response" to a Hezbollah rocket launch targeting a military position on Monday

Macron to hold talks with Crown Prince Salman on Saudi visit

Macron is beginning the first state visit by a French president to Saudi Arabia since Jacques Chirac in 2006, cementing...

Desertification talks open in Saudi Arabia as experts fire warning

UN talks aimed at halting the degradation and desertification of vast swathes of land start in Saudi Arabia. Forest loss...

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US President Biden pardons son Hunter before White House exit

Washington D.C. -- US President Joe Biden on Sunday issued an official pardon for his son Hunter, who is facing...
  • Hunter Biden was convicted earlier this year of lying about his drug use when he bought a gun - a felony
  • Bill Clinton pardoned his half-brother for cocaine charges and Trump pardoned the father of his son-in-law for tax evasion

Bashar Al Assad of Syria seeks support from allies as extremist rebels take over key city of Aleppo

Extremist-dominated rebel alliance, including ISIS supporters, runs over Syrian city of Aleppo allegedly backed by Turkey. Russia and Iran push...
  • Extremist rebels' offensive saw Syrian government forces lose control of Aleppo for the first time since the start of the country's civil war

Gulf summit in Kuwait urges ‘immediate ceasefire’ for Gaza

Kuwaiti Emir Sheikh Meshal al-Ahmad al-Sabah called on the international community to implement "an immediate ceasefire, providing international protection for...
  • Sheikh Meshal hit out at what he characterized as the "double standards in the application of relevant international laws, charters and resolutions."
  • The Kuwaiti ruler spoke in support of Saudi Arabia's work to form a global body pushing for an independent Palestinian state.