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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.

Israel faces anger over Gaza school strike rescuers say killed 93

Mahmud Bassal, spokesman for the civil defence agency, said 11 children and six women were among the 93 who died...
  • The bombardment of Al-Tabieen religious school and mosque drew criticism from across the Middle East and beyond alongside calls for a ceasefire
  • Civil defence rescuers in the Hamas-ruled territory said three Israeli missiles hit the complex in Gaza City while people were performing dawn prayers

Former YouTube CEO Susan Wojcicki dies of cancer aged 56

San Francisco, United States - Tech pioneer and former YouTube chief Susan Wojcicki, who played an instrumental role in the rise...
  • Wojcicki, one of the most prominent women in Silicon Valley, spent nearly two decades helping transform Google from the search engine startup to a global behemoth
  • At YouTube, which Google acquired in 2006, Wojcicki helmed operations for nearly a decade, before stepping down last year to focus on her family, health and personal projects

‘Children torn apart’: Israel strike rains hell on Gaza dawn prayers

Dawn prayers were shattered by the early morning triple air strike from Israeli warplanes, which gutted Al-Tabieen religious school and...
  • "Israel is genociding the Palestinians one neighborhood at the time, one hospital at the time, one school at the time," said UN Rapporteur Francesca Albanese.
  • In a report issued in March, Albanese said there were "reasonable grounds" to determine that Israel had committed several acts of "genocide" in its war in Gaza.

Imane Khelif – boxer in gender row and now Olympic champion

A strong athlete, she played football with the boys in her village of Biban Mesbah, but beating them in matches...
  • Sporting braided hair and standing strong at 1.79 metres (5ft 9in), the 25-year-old has unwittingly become one of the central figures of the Games
  • Along with Taiwan's Lin Yu-ting, she was disqualified from last year's world championships after failing gender eligibility testing, only to be cleared later

Flood of ‘junk’: How Artificial Intelligence is changing scientific publishing

Paris, France - An infographic of a rat with a preposterously large penis. Another showing human legs with way too many...
  • Several experts who track down problems in studies told AFP that the rise of AI has turbocharged the existing problems in the multi-billion-dollar sector
  • More than 13,000 papers were retracted last year, by far the most in history, according to the US-based group Retraction Watch

Israel agrees to resume Gaza truce talks next week

A prospective cessation of hostilities also involving the release of hostages held in Gaza and scaled-up aid deliveries has centred...
  • After a week-long pause in November, US, Qatari and Egyptian mediators have endeavored to secure a second truce in the 10-month-old war
  • Netanyahu's office said later Thursday Israel would send a negotiating team on August 15 "to the agreed place to conclude the details of implementing a deal."

Apple makes changes to App Store after EU warning

From the autumn, Apple said developers in the EU "can communicate and promote offers for purchases" wherever they want, for...
  • The EU said the App Store terms prevented app developers from freely steering consumers to alternative ways to pay
  • This makes Apple the first ever tech firm to face accusations of breaching a new law known as the Digital Markets Act

Flying’s never been safer, risk of death halving every decade: MIT study

Washington, United States -- Flying can be a nerve-wracking experience for many people -- but a new study out Thursday finds...
  • The fatality rate fell to 1 per every 13.7 million passenger boardings globally in the 2018-2022 period, a major improvement from 1 per 7.9 million boardings in 2008-2017.
  • The last major commercial airline disaster in the United States was in 2009, when Colgan Air flight 3407 crashed, killing 50 people.

Gaza civil defence says Israel strikes on two schools kill more than 18

Senior civil defense official Mohammad al-Mughayyir said 60 people were also wounded and more than 40 still missing in the...
  • "This is a clear targeting of schools and safe civilian facilities in the Gaza Strip," he said.
  • Turkish President Recep Tayyip Erdogan and the emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, meanwhile call for greater international efforts to stop conflict escalation.

Qantas scraps non-stop UK flight due to Middle East unrest

Sydney, Australia - Australian airline Qantas scrapped its non-stop Perth to London flight Thursday, saying the decision was taken as a...
  • The flight, usually a non-stop 17-and-a-half hour journey, will now refuel in Singapore, allowing it to carry a full load of passengers on a route that avoids contested air space
  • The region is bracing for a military retaliation from Iran against Israel, following the killing of Ismail Haniyeh, the political leader of the Palestinian group Hamas

Israeli raid puts last major Gaza health facility out of service: WHO

The World Health Organization said the operation had put the "last major health facility in north Gaza out of service"....

Latest News

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.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

EU urges immediate halt to Israel-Hezbollah war as Israeli attacks kill more in Gaza and Lebanon

Israeli attacks have killed dozens in Gaza and Lebanon is the past 24 hours, while EU chief visits Beirut asking...

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Palestinian pottery sees revival in war-ravaged Gaza

Deir el-Balah, Palestinian Territories - Traditional clay pottery is seeing a resurgence in the Gaza Strip, where Palestinians are forced to...
  • Traditional clay pottery sees a resurgence in Gaza as war-ravaged residents turn to old ways amid shortages of crockery and basic goods
  • Potter Jafar Atallah works tirelessly to meet soaring demand, crafting 100 clay pieces daily in a makeshift workshop under Gaza's harsh conditions

World reaches $300 bn climate finance deal at COP29

A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against...
  • Nations grappled with bridging divides over how much wealthy, high-polluting countries should pay poorer nations most affected by climate change
  • A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against climate change

Big money as Saudi Arabia makes foray into cricket with IPL auction

Crown Prince Mohammed bin Salman has backed extravagant sports investments -- set to culminate in Saudi Arabia hosting the football...
  • The two-day Jeddah auction, starting Sunday, marks Saudi Arabia's first major cricketing event, catering to its vast South Asian migrant fanbase
  • Saudi cricket federation chairman Prince Saud bin Mishal said that staging the auction reflected the kingdom's "commitment to developing the sport."