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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.

Unemployment rate nearly 80 percent in Gaza, says United Nations

Geneva, Switzerland -- The war in Gaza has seen the unemployment rate in the besieged Palestinian territory surge to nearly 80...
  • The UN's labor agency said the war between Hamas and Israel had "caused loss of jobs and livelihoods on a massive scale".
  • The average unemployment rate across the West Bank and Gaza combined stood at 50.8 percent, it said.

Palestine create history by reaching third round of World Cup qualifiers

Hong Kong, China - Palestine created history when they booked a place in the third round of the FIFA World Cup...
  • Against the backdrop of the war in Gaza, the Palestinian team has already claimed footballing history this year by making a debut appearance in the Asian Cup knockout phase
  • On Thursday, Palestine, who came into the Group I match with seven points, only needed a draw to progress, and they got the desired result

Gaza hospital says 37 dead in strike on UN school Israel says used by Hamas

"The government of Israel has said that they are going to release more information about this strike, including the names...
  • The raid came after US, Qatari and Egyptian mediators resumed talks aimed at securing a truce and hostage-captive swap in the eight-month war
  • The Israeli military said it had "eliminated" several fighters in a "precise strike on a Hamas compound embedded inside a UNRWA school."

Israeli army claims deadly strike on ‘Hamas compound’ inside UN school in Gaza

The hospital reported an electrical generator failure earlier in the night, which risked complicating the treatment of patients. Prior to...
  • Israeli "fighter jets... conducted a precise strike on a Hamas compound embedded inside an UNRWA school in the area of Nuseirat", the army said in a statement
  • The Hamas media office said at least 27 people were killed and dozens injured in the strike and taken to Al-Aqsa Martyrs Hospital

Qatar PM, Egypt intelligence chief meet Hamas in Doha

Qatar, with the United States and Egypt, has been engaged in months of negotiations over details for a ceasefire in...
  • The lead mediators met with the Palestinian militant group to "discuss a deal for a truce in Gaza and the exchange of hostages and prisoners."
  • CIA chief Bill Burns was also expected in Qatar to continue working with mediators to reach an agreement on a cessation of hostilities, the informed source had told AFP

Israel ‘prepared for very intense operation’ on Lebanon border

Jerusalem, Undefined -- Israeli Prime Minister Benjamin Netanyahu said Wednesday that Israel was "prepared for a very intense operation" along the...
  • Almost eight months of exchanges between Israel and Hezbollah have intensified over the past week, with Israel striking deeper into Lebanese territory.
  • "We are prepared for a very intense operation in the north. One way or another, we will restore security to the north," Netanyahu said during a visit to the border area.

Qatar signs 27-year gas supply deal with Chinese Petroleum Corp

Qatar will supply four million tons of gas a year under the deal, QatarEnergy said in a statement, without disclosing the...
  • Qatar is one of the world's top liquefied natural gas producers alongside the United States, Australia and Russia.
  • In recent months, Qatar has inked LNG deals with France's Total, Britain's Shell, India's Petronet, China's Sinopec and Italy's Eni among others.

Hamas says Israel wants ‘endless’ truce negotiations

Hamas had told mediators it "cannot agree to a deal that doesn't that does not secure... a permanent ceasefire and...
  • The statement came as mediator Qatar said it was awaiting a "clear position" from Israel on a proposed Gaza ceasefire and hostage release deal outlined by US President Joe Biden
  • Qatar, along with the United States and Egypt, has been engaged in months of back-and-forth negotiations over details for a ceasefire

Tunisian Muslim community turns to AI to save heritage

Djerba, Tunisia - In an unassuming house on the Tunisian island of Djerba, Said al-Barouni embarked on a mission to safeguard...
  • In Djerba, Tunisia, Said al-Barouni uses AI to preserve ancient Ibadi religious manuscripts against deterioration
  • Ibadis, a marginalized Islamic sect, find refuge and preserve their heritage in Djerba, blending into its cultural landscape

Israeli strike in South Lebanon kills one

An Israeli strike targeting a motorcycle in Lebanon killed one person and wounded another, according to the National News Agency...
  • The strike targeting a motorcycle in Naqura killed one person and wounded another
  • Late Monday, cross-border exchanges set off blazes in border areas of both Israel and Lebanon

Honda and Nissan expected to begin merger talks

Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants...

Latest News

UN probe says women, children comprise the majority of Gaza war dead

In a fresh report, the United Nations Human Rights Office (OHCHR) detailed a raft of violations of international law. Many...

Who will staff Trump’s Govt? A look at top contenders, with Elon Musk among the likely picks

Tesla CEO Elon Musk could head a new "Department of Government Efficiency," promising $2 trillion in federal budget cuts and...

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Most Read

Trump victory reflects Arab-American support, Netanyahu discusses Iran with him amid lingering regional conflict

In a unique campaign twist, Trump captured Muslim voters by pledging diplomacy, promising to end prolonged conflicts and promote stability,...
  • His new Muslim supporters are celebrating his victory and confident he will deliver despite Israel, led by his close ally Benjamin Netanyahu
  • But during this campaign, Trump touted his status as Israel's strongest friend, saying Biden should let Israeli Prime Minister Netanyahu "finish the job" against Hamas in Gaza

US Fed expected to look beyond Trump win and cut rates again

The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a...
  • Fed policymakers are expected to focus instead on the health of the US economy
  • Their favored inflation gauge eased to 2.1 percent in the 12 months to September

What impact will Donald Trump have on the world economy?

Paris, France -- Donald Trump's return to the White House with his protectionist policies poses threats for the global economy, with...
  • During his first term in office from 2017 to 2021, Trump often resorted to punitive tariffs in disputes with trade partners.
  • Donald Trump's policies could also rekindle inflation, which cooled following a series of interest-rate hikes that the Federal Reserve began to unwind this year.