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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, Hamas reject bid before ICC to arrest leaders for war crimes

Karim Khan said he was seeking warrants against Netanyahu and Israeli Defense Minister Yoav Gallant for crimes including "starvation", "willful...
  • If granted, the warrant means that technically any of the 124 ICC member states would be obliged to arrest Netanyahu if he travelled there.
  • The charges laid against the Hamas leaders including Yahya Sinwar and Ismail Haniyeh include "extermination" and "taking hostages".

Iran media declares President Raisi dead, no official confirmation yet

"The president of the Islamic Republic of Iran, Ayatollah Ebrahim Raisi, had an accident while serving and performing his duty...
  • Foreign Minister Hossein Amir-Abdollahian was also on board along with the governor of East Azerbaijan
  • Vice-president Mohmmad Mokhber should take over presidential duties if Raisi's death is officially confirmed

Saudi king treated for lung infection: statement

Riyadh, Saudi Arabia - Saudi Arabia's King Salman has a lung infection and is undergoing a treatment programme involving antibiotics, the...
  • Earlier in the day, the Royal Court said King Salman was suffering from "high temperature" and would undergo medical tests at Al-Salam Palace in Jeddah
  • It was the second time in less than a month that the Saudi government had commented publicly about the 88-year-old king's health

Deadly strikes hit Gaza as US envoy visits Israel

Israel has also fought and bombed resurgent Hamas forces in northern and central areas of the coastal territory previously considered...
  • Israel's Prime Minister Benjamin Netanyahu has vowed to keep fighting Hamas in Gaza, following its October 7 attack that sparked the war
  • Sullivan met his Israeli counterpart Tzachi Hanegbi and Netanyahu in Jerusalem for talks on the brutal Gaza conflict and post-war scenarios

US envoy touts ‘potential’ of Israel-Saudi deal in Netanyahu talks

US National Security Advisor Jake Sullivan says there is a potential of Israel-Saudi normalization deal if Netanyahu alters his political...
  • An Israeli strike killed 31 people in central Gaza on Sunday, said the Palestinian territory's civil defense agency
  • President Biden said Sunday he heard the voice of Gaza war protesters as some students turned their backs during his speech

Saudi fashionistas attempt beach rebrand

The setting for Red Sea Fashion Week, the St Regis Red Sea Resort on Ummahat Alshaikh island, is part of...
  • Beach developments are seen as major potential attractions, and Red Sea Fashion Week was partly intended to highlight what is already in place.
  • Officials involved in Red Sea Global stress they are making progress, opening two resorts last year and preparing to launch 14 more hotels by the end of next year.

Prayers and concern in Iran as President Ebrahim Raisi’s helicopter remains missing

Search and rescue teams are looking for the crash site in the remote mountain area, says Iranian state media, adding...
  • The harsh weather conditions and heavy fog have made it difficult for the rescue teams to reach the accident site.
  • Iranian president's convoy included three helicopters, and the other two had "reached their destination safely.

Moroccan enterprises give jobs, hope to people with disabilities

Rabat, Morocco -- Fadoua Lamrani was elated when she was hired as a waitress at a restaurant in Morocco which employs people...
  • CIAT aims to overcome social and cultural constraints to help people with disabilities into jobs they would usually find hard to obtain.
  • Six other centers for people with disabilities have been launched since 2016, providing apprenticeships for 228 people.

UN aid chief warns of ‘apocalyptic’ consequences of Gaza shortages

"If fuel runs out, aid doesn't get to the people where they need it, that famine, which we have talked...
  • An Israeli incursion into the southern Gaza city of Rafah, launched in the face of international outcry, has deepened an already perilous humanitarian crisis in the Gaza Strip.
  • The UN said on Saturday that 800,000 people had been "forced to flee" Israel's assault in Rafah.

Iraq father begins legal action against BP over son’s cancer death

Rumaylah, Iraq - Hussein Julood is taking legal action against British energy giant BP after he lost his son to...
  • The bereaved father, who lives near the Rumaila field in the southern province of Basra, is demanding that the firm compensate him for his son Ali's medical expenses
  • He said no amount of money would make up for his son's death. But "what I am claiming is my right", added the 55-year-old father of seven, from his modest home

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,...

Latest News

Bitcoin close to record as cautious markets eye US election

The surge in the price of bitcoin is seen as a bet on a Republican victory, as Donald Trump has...

How harmful are microplastics to human health?

A New England Journal of Medicine study found microplastics in blood vessels are linked to higher risks of heart attack,...

Hezbollah names Naim Qassem as leader; Israel vows he “won’t last long” amid escalating conflict

Hezbollah's Qassem, succeeding slain Nasrallah, pledges resistance as Israel intensifies Gaza strikes, killing scores. International anger grows after Israel's UNRWA...

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Asian shares rise as markets await tech results

Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports...
  • Oil market concerns shifted focus on potential oversupply in 2025
  • Investors are also awaiting the Bank of Japan's rate decision later this week

‘Amazing’ AI de-ages Tom Hanks in new film ‘Here’

Los Angeles, United States - Tom Hanks has praised the "amazing" use of artificial intelligence to de-age him "in real time"...
  • Hanks portrays his character from an idealistic teen, through various stages of youth and middle age, to a frail, elderly man
  • But rather than just relying on makeup, filmmakers teamed up with AI studio Metaphysic on a tool called Metaphysic Live, to rejuvenate and "age up" the actors

Updates: Israel slaps ban on United Nations and kills more than 150 in Lebanon and Gaza

Shunning international pressure, Israeli parliament passed a bill banning a United Nations aid agency, and also intensified its strikes against...
  • UNRWA has provided essential aid, schooling, healthcare and assistance across the Palestinian territories and to Palestinian refugees
  • US President Joe Biden said: "We need a [Gaza] ceasefire. We should end this war. It should end, it should end, it should end."