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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.

Arab-American mayor warns Biden has not ‘earned my vote’

Hammoud sidesteps the question of whether he could ultimately endorse Biden under the right circumstances, emphasizing that whatever he might...
  • Hammoud's profile surged in January after he declined an invitation to meet with Biden campaign officials seeking to shore up the Muslim vote
  • The son of Lebanese immigrants, Hammoud grew up in a "working poor" blue collar family and his father drove truck while his mother's father worked on an auto factory assembly line

UK’s richest family get jail terms for exploiting staff at Swiss villa

Geneva, Switzerland -A Swiss court handed jail sentences to four members of Britain's richest family on Friday, branding them "selfish" for...
  • The Hindujas were acquitted of human trafficking, but convicted on other charges in a stunning verdict for the family, whose fortune is estimated at 37 billion pounds
  • Prakash Hinduja and his wife Kamal Hinduja each got four years and six months, while their son Ajay and his wife Namrata received four-year terms

Israeli strikes kill 5 Gaza municipal workers as fears grow of wider war

Palestinian Territories -- Israel bombed Gaza on Friday as exchanges of fire and threats over the Lebanon border raised fears of...
  • Five municipal workers died "during an Israeli bombing" of a garage in Gaza City, said Mahmud Basal, spokesman for the civil defense agency in the territory.
  • The World Health Organization, said "we did not see an impact on the humanitarian supplies coming in" after Israel announces daily 'tactical pauses' for aid delivery.

Saudi official defends management of hajj after hundreds die

"The state did not fail, but there was a misjudgment on the part of people who did not appreciate the...
  • He said the government had confirmed 577 deaths for the two busiest days of hajj: Saturday, when pilgrims gathered at Mount Arafat and Sunday in Mina for stoning ritual
  • "This happened amid difficult weather conditions and a very harsh temperature," the official said, while acknowledging that the 577 figure was partial and did not cover all of hajj

Hajj death toll tops 1,000 after extreme heat: AFP tally

The new deaths reported Thursday included 58 from Egypt, according to an Arab diplomat who provided a breakdown showing that...
  • The national meteorological center reported a high of 51.8 degrees Celsius (125 Fahrenheit) this week at the Grand Mosque in Mecca.
  • A Saudi study published last month said temperatures in the area are rising 0.4 degrees Celsius each decade.

Israel-Hezbollah tensions drive fears of widening Gaza war

Hezbollah chief Hassan Nasrallah's group and Israeli forces have exchanged near-daily fire since Hamas's October 7 attack on southern Israel...
  • Hezbollah said it fired dozens of rockets into northern Israel in retaliation for a deadly air strike in south Lebanon
  • Experts are divided on the prospect of wider war

Hizbollah threatens Israel after military says Lebanon offensive ready

Hassan Nasrallah - whose powerful Iran-backed group has exchanged near-daily fire with Israel since its ally Hamas's October 7 attack...
  • Hizbollah chief Hassan Nasrallah said "no place" in Israel would "be spared our rockets", in a televised address broadcast amid spiraling tensions across the Israel-Lebanon border
  • Meanwhile, the war between Israel and Hamas raged in Gaza, with Israeli air strikes and clashes between troops and Palestinian fighters

From fighting boys to Saudi Olympic history for female taekwondo star

Abha, Saudi Arabia - Saudi taekwondo standout Donia Abu Taleb had an unusual introduction to the sport: for years she trained...
  • Donia Abu Taleb has become the first Saudi woman to qualify for the Olympics and is dreaming of bringing home the Gulf kingdom's first gold medal when she competes in Paris
  • Abu Taleb has taken advantage of the newfound state backing, bagging gold at the 2020 Arab Taekwondo Championship and bronze medals at the Asian and world championships in 2022

Israel says Lebanon offensive plan ‘approved’ as tensions surge

Palestinian Territories - The Israeli army on Tuesday said plans for an offensive in Lebanon were "approved and validated" amid...
  • The war in Gaza has heightened tensions across the region, with Israeli forces and Lebanon's Iran-backed Hezbollah, a Hamas ally, exchanging fire on a near-daily basis
  • Al-Awda hospital said it received the bodies of "six martyrs and 15 wounded as a result of Israeli air strikes on various areas in the central and southern Gaza Strip."

Diplomats say at least 550 pilgrims died during hajj, mostly Egyptians

"All of them (the Egyptians) died because of heat" except for one who sustained fatal injuries during a minor crowd...
  • At least 323 of those who died were Egyptians, most of them succumbing to heat-related illnesses, two Arab diplomats coordinating their countries' responses told AFP
  • Earlier on Tuesday, Egypt's foreign ministry said Cairo was collaborating with Saudi authorities on search operations for Egyptians who had gone missing during the hajj

Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Latest News

World leaders meet for climate talks, but big names missing raising concerns over global climate commitment

The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich...

Donald Trump ramps up transition moves with key appointments

President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...

Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza

Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...

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COP29 opens with Trump climate withdrawal looming

he COP29 climate talks open Monday in Azerbaijan, under the long shadow cast by Donald Trump's re-election. Trump has pledged...
  • Fears of an imminent US departure from the landmark Paris Agreement
  • US$100 billion-a-year target to help developing nations prepare for worsening climate impacts

Portraits of pain: smuggled Palestinian art shows trauma of Gaza

Smuggled art pieces from Gaza are on display in an exhibition in Amman showcasing pain, suffering and a strong resolve...
  • The paintings document the brutality of war and massacres… carrying pain and sorrow and also a strong resolve and determination
  • The exhibition in Jordan features 79 artworks crafted from improvised materials including medicine wrappers

Saudi hosts Muslim nations to discuss war in the Middle East with Trump in the equation

Arab and Muslim leaders are gathering in Saudi capital city Riyadh to discuss Israeli war against Gaza and Lebanon in...
  • Summit in Saudi Arabia is an opportunity for Muslim leaders to show signal what they want and expect from the incoming Trump administration
  • Israeli strikes on Sunday killed dozens in Gaza and Lebanon as US deadline for Israel to improve aid delivery is on Wednesday