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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.

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...
  • Their collaboration would create the world's third-largest automaker
  • Honda and Nissan's partnership could include a manufacturing tie-up

Pope again condemns ‘cruelty’ of Israeli strikes on Gaza

"And with pain I think of Gaza, of so much cruelty, of the children being machine-gunned, of the bombings of...
  • The mounting criticisms of Israel appear to mark a change in the pope's tone in recent weeks. He has consistently called for peace since the beginning of the Israel-Hamas war
  • At the end of September, the Pope also criticized Israel's "immoral" use of force in Gaza and in Lebanon

Tunisia women herb harvesters struggle with drought and heat

In Tunisia's highlands, women harvest wild herbs to earn a living, but drought is making their work harder, shrinking incomes...
  • Tunisia produces around 10,000 tons of aromatic and medicinal herbs each year, according to official figures.
  • Rosemary accounts for more than 40 percent of essential oil exports, mainly destined for French and American markets.

Post-Assad Syria seeks peace; Erdogan pushes anti-terror agenda, US warns on Kurdish conflict

Barbara Leaf, Washington's top diplomat for the Middle East, told Syria's new leader Ahmed al-Sharaa of the "critical need to...
  • On a recent tour to the region, US Secretary of State Antony Blinken had stressed the need to prevent a resurgence of Islamic State group (IS) jihadists
  • Turkish President Recep Tayyip Erdogan, who backed Assad's opponents, has stressed reconciliation and restoration of Syria's territorial integrity and unity

UAE says will not arm Sudan paramilitary RSF: White House

Washington, United States -- The United Arab Emirates has informed the United States that it will not arm paramilitaries in Sudan's...
  • Two US lawmakers said the UAE pledged to address their concerns and that, as a result, they would drop their attempt to block $1.2 billion in arms sales.
  • The UAE has long denied arming the RSF, with which it has fought Yemen's Houthi rebels. Trump has shown a greater willingness to sell weapons to the UAE

Biden cancels $4.28 bn more in student debt before leaving office

Washington, United States -- US President Joe Biden said Friday he was canceling student loans for an additional 55,000 Americans, which...
  • The beneficiaries include teachers, nurses, service members, law enforcement officials, and other public service workers who have given back to their communities.
  • In the United States, colleges can often cost anywhere between $10,000 and $70,000 a year, leaving some graduates with crushing debt as they enter the workforce.

Honda and Nissan in merger talks as electric vehicle competition intensifies

Tokyo, Japan --Japanese auto giant Honda and its struggling rival Nissan will reportedly begin talks on a merger to boost their...
  • At the same time, Taiwanese electronics behemoth Foxconn has approached France's Renault to buy its large stake in Nissan.
  • A merger between Honda and Nissan would not be a marriage of equals. Honda's market capitalization is around $41.2 billion, while Nissan's is around $10.5 billion.

Turkey, Iran leaders at Cairo summit urge action to address Gaza, Syria crises

Cairo, Egypt -- The leaders of Turkey and Iran were in Egypt on Thursday for a summit of eight Muslim-majority countries,...
  • The gathering of the D-8 Organisation for Economic Cooperation, also known as the Developing-8, was being held against a backdrop of regional turmoil.
  • The organization includes Egypt, Nigeria, Pakistan, Bangladesh, Indonesia and Malaysia besides Turkey, which historically backed the opposition to Assad, while Iran supported him.

Turkey’s Pegasus Airlines says to buy 200 Boeing 737 aircraft

Istanbul, Turkey -- Turkey's Pegasus Airlines said Thursday it would buy 200 Boeing 737 MAX 10 aircraft in its largest-ever order...
  • "The first 100 aircraft, for which we have placed firm orders, will begin joining our fleet starting in 2028," said Pegasus CEO Guliz Ozturk.
  • Established in 1990, Pegasus Airlines operates 109 international routes to 53 countries as well as flying to 35 destinations within Turkey, its website says.

HRW accuses Israel of ‘acts of genocide’ for restricting Gaza water access

Human Rights Watch (HRW) accused Israel of committing "acts of #genocide" in the Gaza Strip by damaging water infrastructure and...
  • "Systematic nature" to deprive Gazans of water has "likely caused thousands of deaths"- HRW
  • Israel also cut electricity supplies, attacked repair workers and blocked imports of repair materials

Trump’s aid freeze could cause millions more AIDS deaths: UN agency

Addis Ababa, Ethiopia - President Donald Trump's decision to suspend US overseas funding could result in millions more deaths from AIDS,...

Latest News

Iran ready to negotiate with US but not under ‘maximum pressure’: minister

In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its...

Israel orders negotiators to Doha after fifth hostage-captive swap completed under truce deal

Hamas official Bassem Naim warned that Israel’s "procrastination" in implementing the agreement could jeopardize the ceasefire, as negotiations began on...

Israel to receive US-made bombs and Hellfire missiles worth $7.4 bn despite past curbs under Biden administration

The State Department has signed off on the sale of $6.75 billion in bombs, guidance kits and fuses, in addition...

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Israel orders army to prepare Gaza exodus plan as Trump rules out US troop deployment in the territory

Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could...
  • Trump proposes U.S. control of Gaza but rules out deploying American troops
  • UN warns forced displacement of Palestinians would amount to ‘ethnic cleansing

West Bank’s Jenin camp going in ‘catastrophic direction’: UNRWA

The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed...
  • The operation has also seen troops levelling buildings in a refugee camp adjacent to Jenin, according to UNRWA spokeswoman Juliette Touma.
  • "Large parts of the camp were completely destroyed in a series of detonations by the Israeli forces. It is estimated that 100 houses were destroyed or heavily damaged," she said.

Trump, Netanyahu to discuss Gaza ceasefire, regional stability in White House meeting

Trump has floated a controversial plan to relocate Palestinians to neighboring countries, but Egypt, Jordan, and ceasefire mediator Qatar have...
  • Netanyahu is in Washington for talks with the new Trump administration on a second, longer-term phase of Israel's fragile truce with the Palestinian group Hamas
  • Trump has meanwhile repeatedly touted a plan to "clean out" Gaza, calling for Palestinians to move to neighboring countries such as Egypt or Jordan