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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.

Unnerved and exposed, Trump struggles to regain campaign mojo

Washington, United States - Donald Trump has never lacked for self-confidence, but his presidential campaign has been sent into a tailspin...
  • President Biden's exit has been particularly impactful, removing a rival whose 81 years, faltering speech and physical frailties had largely shielded Trump from scrutiny
  • Now it is Trump, 78, who is the oldest presidential nominee in history, and the point of comparison is a 59-year-old former prosecutor who has come out fast and swinging

Not facing a deal but imposition of American diktats: Hamas

"To say that we are getting close to a deal is an illusion," Hamas political bureau member Sami Abu Zuhri...
  • As efforts towards a truce continued, so did the killing in Gaza and Lebanon. An Israeli air strike in Lebanon killed 10 Syrians, including a woman and her two children.
  • In Gaza, the civil defense authority said an Israeli air strike killed 15 people from a single Palestinian family, taking Gaza death toll to 40,047.

China youth unemployment jumps to 17.1% in July

Beijing, China - Youth unemployment in China ticked up to 17.1 percent in July, official figures showed, the highest level this...
  • China is battling soaring joblessness among young people, a heavily indebted property sector and intensifying trade issues with the West
  • The unemployment rate among 16- to 24-year-olds released Friday by the National Bureau of Statistics (NBS) was up markedly from June's 13.2 percent

Hamas rejects ‘new’ Gaza truce conditions as Biden says deal closer than ever

Egyptian, Qatari and US mediators have been seeking to finalize details of a framework initially outlined by Biden in May,...
  • US Secretary of State Antony Blinken is to travel to Israel this weekend to advance the latest proposal, the State Department said
  • Egyptian, Qatari and US mediators have been seeking to finalise details of a framework initially outlined by Biden in May, and which he said Israel had proposed

United Nations calls Israeli settler attack in West Bank ‘horrific’

Geneva, Switzerland -- The United Nations on Friday said a deadly Israeli settler attack on a Palestinian village in the occupied...
  • "There are even reports of weapons being distributed to the settlers. So there is clearly a state responsibility in this regard." said UN HR office spokeswoman Ravina Shamdasani.
  • "This really is the crux of the matter: the impunity that the perpetrators of such grave violations have been enjoying," she said.

Gold hits record high, oil prices slide on weak Chinese demand

Expectations of US interest rate cuts weakened the dollar, while oil prices tumbled as weak Chinese demand expectations offset turmoil...
  • Oil prices slumped more than 1.5 percent. "The significant price recovery on the oil market has run out of steam in recent days," said Commerzbank analyst Carsten Fritsch.
  • "For one thing, the feared retaliatory strike by Iran (on Israel) has so far failed to materialize, which has probably favored a partial pricing out of the risk premium," he said.

Israel FM says expects allies to attack Iran if it strikes

Israeli Foreign Minister told his French and British counterparts that his country expects support "in attacking" Iran if it strikes...
  • "If Iran attacks, we expect the coalition to join Israel not only in defense but also in attacking significant targets in Iran," Katz said
  • On Thursday, Jewish settlers attacked a Palestinian village in the Israeli-occupied West Bank

Five charged over ketamine death of ‘Friends’ star Matthew Perry

Los Angeles, United States - Five people who allegedly supplied ketamine to "Friends" star Matthew Perry in a bid to exploit...
  • The actor died at his luxury Los Angeles home last year, sparking an outpouring of grief from fans around the world
  • An autopsy found the cause of his death was "the acute effects of ketamine," a controlled drug the recovering addict was taking as part of supervised therapy

40,000 and counting: the struggle to keep track of Gaza deaths

Palestinian Territories -- With Gaza largely in ruins after more than 10 months of war, the Hamas-run territory's health ministry...
  • Gaza health officials first identify bodies by visual recognition from a relative or friend, or by recovering personal items
  • The deceased's details, including name, gender, birth date and ID number, are then entered in the health ministry's digital database

Qatar to host high-stakes Gaza ceasefire talks

US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...
  • US, Qatari and Egyptian mediators have invited Israel and Hamas for negotiations aimed at ending fighting that has killed nearly 40,000 Palestinians
  • Israel confirmed it would attend, though it remained unclear if Hamas, whose October 7 attack on Israel triggered the war, planned to participate

20-day-old baby Jumaa al-Batran dies from ‘severe cold’ in Gaza

Marwan al-Hamas, head of field hospitals in Gaza, confirmed the death. He said it brought to five the total number...

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Trump’s tariff threats stoke global fears, prompting retaliation warnings from allies and rivals

US President-elect Donald Trump's sweeping tariff plans target Canada, Mexico, and China, raising fears of a global trade war, with...

Adani Group says it lost nearly $55 billion as US bribery charges sparked rout

The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading...

Five forgotten conflicts of 2024

he wars in the Mideast and Ukraine-Russia have dominated world headlines in 2024 but several other conflicts are ravaging countries...

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Biden-brokered truce deal halts Israel-Hezbollah war; Netanyahu plans to go full force against Gaza and Iran

Under US-brokered terms, Lebanon's army regains border control, curbing Hezbollah activity, while Israel vows to maintain security operations if threats...
  • US President Joe Biden announced the ceasefire agreement on Tuesday, as Israeli Prime Minister Benjamin Netanyahu said his ministers had agreed to a halt
  • Under the terms of the Lebanon truce, Israel will maintain "full" freedom to act against Hezbollah should the Iran-backed group pose any new threat, Netanyahu said

Israel intensifies attacks before ceasefire deadline as Lebanon seeks “immediate halt”

US president says ceasefire takes effect on Wednesday at 4:00 AM Beirut time, as Lebanese officials accuse Israel of trying...
  • The US and France have spearheaded the truce efforts, and G7 foreign ministers in Italy called on for an "immediate ceasefire"
  • The international community is called upon to act swiftly to stop this [Israeli] aggression and implement an immediate ceasefire, says Lebanese PM

As AI gets real, slow and steady wins the race

Companies explore AI for coding, healthcare, law, and design—yet challenges like regulation, accuracy, and cost impede widespread adoption.
  • The tech industry presents a more aggressive adoption curve. Google reports that 25 percent of its coding is now handled by generative AI.
  • Athey, an economist of the tech industry, expressed worry about regions where a core profession such as call centers risked being swept away by AI.