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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 PM says no ‘humanitarian catastrophe’ in Rafah as almost 500,000 evacuated

The United Nations said Tuesday that nearly 450,000 people had been displaced from Rafah since Israel first began issuing evacuation...
  • The international community, including Israel's top ally Washington, had urged Israel to refrain from launching a ground offensive in Rafah
  • But Netanyahu insisted that "the humanitarian catastrophe that was spoken about did not materialise, nor will it"

As international gas demand grows, Qatar eyes more long-term deals

Energy Minister Saad al-Kaabi, who is also chief executive of QatarEnergy, said the state-owned giant had secured sales of 25...
  • "It's just agreeing on terms and conditions and pricing... but I think there's a huge demand out there, whether it's from Asia or Europe," Kaabi told the Qatar Economic Forum.
  • "I think even Europe is realizing now they have to do something different to secure long term," he added.

Hezbollah commander among two killed in Israeli strike: source

Lebanese state media said an Israeli strike on a car in the country's south killed two people Tuesday, with a...
  • Hezbollah said that one of its fighters, a field commander, Hussein Makki, was "martyred on the road to Jerusalem'
  • At least 413 people have been killed in Lebanon in seven months of cross-border violence,

Palestinians mark ‘Nakba’ anniversary as thousands flee Gaza’s Rafah

Tens of thousands of civilians fled the southern Gaza city of Rafah ahead of a threatened Israeli ground offensive, as...
  • Nearly 450,000 Palestinians have been displaced from Rafah since May 6
  • Right-wing activists stopped and ransacked at least seven Gaza-bound aid trucks coming from Jordan

Quarter of Gazans displaced again as fighting rages north to south

Fighting has flared in north Gaza four months after the army said Hamas's command structure there had been dismantled, and...
  • Clashes have rocked the densely crowded far southern city of Rafah but also flared again in northern and central Gaza months after troops and tanks first entered those areas
  • US State Department spokesman Vedant Patel on Tuesday said that while Washington backed military pressure on Hamas, it was not the only way to "fully defeat" the group

US says Boeing can be prosecuted for 737 MAX crashes

San Francisco, United States - The US Justice Department on Tuesday said Boeing can be prosecuted for two subsequent 737 Max...
  • Boeing breached obligations under an agreement that had shielded it against legal proceedings for the accidents, department officials said in a letter to a federal court in Texas
  • Such a breach would mean Boeing can be prosecuted for any violation of federal law related to the crashes, according to US justice officials

Summer 2023 was the hottest in 2,000 years: study

Paris, France -- Last year's northern hemisphere summer was the hottest in 2,000 years, according to a new study published on...
  • Study co-author Max Torbenson told reporters that 25 of the last 28 years exceeded the summer highs of AD246 -- the hottest year before modern temperature records began.
  • A separate study warns that higher temperatures and ageing populations would see tens of millions of older people being exposed to dangerous heat extremes by 2050.

Israel’s Rafah attack set Hamas talks ‘backward’: mediator Qatar

"There is no clarity how to stop the war from the Israeli side. I don't think that they are considering...
  • Israeli politicians were indicating "by their statements that they will remain there, they will continue the war. And there is no clarity on what Gaza will look like after this".
  • A senior US official told AFP negotiations were "at a simmer, they are at a low boil", but that conversations with the parties were continuing.

Lebanon resumes ‘voluntary’ repatriations of Syrians

Syrian state news agency SANA reported that an unspecified number of people had arrived from Lebanon as part of the...
  • Around 330 people had registered to be part of the "voluntary return"
  • Lebanon, which has been mired in a crushing economic crisis since late 2019, says it hosts around two million Syrians, the world's highest number of refugees per capita

Fierce fighting rocks Gaza after US warning of anarchy, insurgency

The city on the Egyptian border had been sheltering 1.4 million Palestinians, according to the United Nations, but Israel's military...
  • AFP correspondents in Gaza reported helicopter strikes and heavy artillery shelling in the east of Rafah, as well as battles in northern Gaza's Jabalia refugee camp
  • Israel last week defied a chorus of warnings - including from top ally Washington - and sent tanks and troops into the east of Rafah to pursue fighters

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...

Latest News

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...

Global VC investment falls to lowest level in nearly seven years

 Global VC investment fell from a five-quarter high of US$95.5 billion in Q2'24 to a nearly seven-year low of US$70.1...

Iran FM says ‘received indications’ before Israeli attack

Araghchi said the "necessary measures" were taken when the attack unfolded, adding that he had been in contact with military...

Most Read

Media: Two major American liberal newspapers refuse to endorse Kamala Harris

With few days remaining to vote in the US election, two major liberal American newspapers have decided not to endorse...
  • The Los Angeles Times and The Washington Post say they will not endorse Kamala Harris or any presidential candidate
  • "Our job as the newspaper of the capital city of the most important country in the world is to be independent"

Saudi Arabia opens resort island at futuristic mega-city NEOM

Riyadh, Saudi Arabia -- Saudi Arabia's planned futuristic mega-city known as NEOM announced on Sunday the opening of its "first physical...
  • The Red Sea island, known as Sindalah, is "spread over 840,000 square meters" (200 acres) and will be set to receive "up to 2,400 guests per day by 2028".
  • NEOM is best known for The Line, twin mirror-encased 170-kilometre-long skyscrapers meant to extend inland from the coast.

Updates: Iran calls on UN Security Council to condemn Israeli strikes amid fresh peace efforts

Iran unlikely to escalate situation with Israel, say experts, as UN chief says destruction in Gaza is "shocking". Netanyahu faces...
  • Iran sends letter to the UN Council to condemn Israeli "aggression" intelligence chief meet in Doha to discuss ceasefire
  • "Repeated efforts to deliver humanitarian supplies essential to survive -- food, medicine and shelter -- continue to be denied by the Israeli authorities..."