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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.

Samsung expects 10-fold jump in Q1 profit

It expects operating profits to jump to US$4.89bn.
  • The company expects January-March operating profits to climb 931.3 percent to $4.89 billion
  • The South Korean firm is expected to release its final earnings report at the end of this month

Iran supreme leader prays over bodies of slain Guards

Tehran, Iran--Iran's supreme leader Ayatollah Ali Khamenei mourned Thursday the seven Revolutionary Guards killed in a strike in Syria, which...
  • The Supreme leader, flanked by top military brass, took part in a ceremony in the capital Tehran during which he led prayers for the dead
  • Khamenei said on Tuesday that Israel will be punished at the hands of "our brave men who will make them regret this crime and the other ones"

Israel acting against Iran and its proxies, says Netanyahu

Israel has declined to comment on the Damascus strike but analysts saw it as an escalation of Israel's campaign against...
  • He spoke after the army paused leave for combat units, blocked GPS signals in certain places and strengthened "alertness" as its war against Hamas in Gaza nears its seventh month
  • Tensions have been inflamed by Monday's strike against the Iranian consulate in Damascus that killed 16 people, according to the Syrian Observatory for Human Rights

Israel systematically destroying Gaza healthcare, says MSF

Doctors Without Borders (MSF) said deadly attacks on humanitarian staff showed either deliberate intent or reckless incompetence, and called for...
  • MSF said the healthcare system in Gaza before the war was imperfect but robust and improving
  • The medical charity said that Israel was acting with impunity in the Palestinian territory

NATO @ 75 seeks US-Europe alliance as Russia threat, Trump looms

Brussels, Belgium - NATO chief Jens Stoltenberg urged the United States to stick together with Europe as the Western military alliance...
  • Russian invasion of Ukraine re-invigorated NATO as it was confronted by one of most serious challenges since it emerged from the ashes of World War II to counter the Soviet Union.
  • But while the war has refocused NATO's attention on its old nemesis Moscow to the east -- there is also another threat unnerving allies from leading power the US in the west,

Bodies of killed Iranian soldiers reaches Tehran from Syria

Tehran, Iran - Iran has repatriated the bodies of seven Revolutionary Guard Corps members killed in a strike on the country's...
  • The Guards, including two generals, were killed in the air strike on Monday which levelled the Iranian embassy's consular annex.
  • "The bodies of the Iran embassy martyrs arrived at Mehrabad airport" in Tehran, the ISNA news agency reported overnight.

Israel revokes leave for all combat units amid Iran threat

Jerusalem - The Israeli army has suspended leave for its combat units, it said on Thursday, amid the Gaza war...
  • Israeli media reported that the military was also calling up more reservist soldiers "against the background of the visible threats from Iran".
  • The Israeli military also said that, after a "situational assessment, it was decided to increase manpower and draft reserve soldiers to the IDF Aerial Defense Array".

Sweden Quran burner arrested in Norway, faces deportation

OSLO, NORWAY – An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year has been...
  • According to a ruling by the Oslo District Court, Salwan Momika,was arrested on March 28 -- a day after he arrived.
  • In the court's ruling it said "a deportation will take place as soon as the formal and practical arrangements are in place."

Electric cars credited with lower CO2 emissions in US neighborhoods

LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas,...
  • Scientists at the University of California, Berkeley, say a network of sensors has logged a small drop in the volume of carbon dioxide.
  • Carbon dioxide is one of the main contributors to global warming, the human-caused phenomenon of rising temperatures.

Britain expands investigation into Vodafone-Three UK merger

London, United Kingdom - Britain's competition regulator deepened Thursday its probe into Vodafone's planned merger of British mobile phone operations with...
  • The watchdog had warned last month that the deal could have a "substantial" impact on competition and may lead to higher prices and also reduced quality for consumers.
  • The merger, if approved, will vault the combined operations above the country's two largest mobile operators BT EE and Virgin Media O2 in terms of customer numbers.

G7 meeting to address Syria’s challenges following Assad’s ouster

Damascus, Syria - G7 leaders will meet virtually Friday to discuss the momentous changes underway in Syria, where the interim government...

Latest News

Hezbollah drone strike kills four, wounds dozens at Israeli base, US sending more air-defences

Hezbollah announced late Sunday that it launched a "squadron of attack drones" at the Binyamina camp, 30 kilometers south of...

UN raises alarm over catastrophe amid ongoing Israeli strikes on Gaza, Lebanon

With Israel ramping up strikes on Lebanon and Gaza, the UN warns of a potentially catastrophic regional conflict, highlighting the...

China unveils major bond plan to revive economy and property market

The plan is part of a series of actions undertaken by Beijing to draw a line under a years-long property...

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Blinken says US wants Lebanon solution, not ‘broader conflict’

"So Israel has a clear and very legitimate interest in doing that. The people of Lebanon want the same thing....
  • Blinken again said that Israel, which has been carrying out deadly strikes on Lebanon, "has a right to defend itself" against Hezbollah
  • "We continue to engage intensely to prevent broader conflict in the region," Blinken told reporters after an East Asia Summit in Laos

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.
  • The aviation giant must "reset our workforce levels to align with our financial reality," Chief Executive Kelly Ortberg said
  • The company announced a series of belt-tightening measures and production delays in the wake of the nearly monthlong strike of 33,000 workers

Japanese group wins peace Nobel, says Gaza like Japan 80 years ago

Nihon Hidankyo, a grassroots movement of atomic bomb survivors from Hiroshima and Nagasaki, also known as Hibakusha, received the honor...
  • The situation for children in Gaza is similar to the situation in Japan at the end of World War II, the co-head of Nihon Hidankyo said.
  • "In Gaza, children in blood are being held. It's like in Japan 80 years ago," Toshiyuki Mimaki told a news conference in Tokyo.