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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.

New round of Gaza negotiations to start in Cairo: Egypt source

Cairo, Egypt -- Egypt and Qatar are sponsoring a new round of negotiations to start Thursday in Cairo aimed at achieving...
  • A Hamas source with knowledge of the matter confirmed the Palestinian group had agreed to the talks, with the goal of "a ceasefire, an end to the war and a prisoner exchange deal".
  • The Egyptian official said Cairo was urging "both parties to show the necessary flexibility" to achieve a truce in Hamas-run Gaza.

Gaza solidarity boycott hits global food chains

As customers in the Middle East shun international restaurants, local businesses report they have benefited from the boycott.
  • Starbucks sales grew at their slowest pace in a year, and profits fell short of Wall Street estimates as a spending slowdown took its toll.
  • McDonald's shares declined for the second day after the company failed to achieve targeted sales for the first time since 2020 due to the war in the Middle East.

US lawmakers reject US$17.6 billion Israel aid bill

Republicans in the House of Representatives scheduled the vote after the Democratic-led Senate released a bipartisan bill Sunday pairing billions of dollars for...
  • The standalone Israel bill would have provided $17.6bn in military aid for the country
  • 167 Democrats voted no after Biden had threatened to wield his veto

Canada announces sanctions against Hamas leaders

The move comes two weeks after Britain and the United States unveiled new coordinated asset freezes and travel bans on...
  • The 11 individuals targeted by the Canadian measures include Hamas leader Yahya Sinwar and its military chief Mohammed Deif
  • All the sanctioned individuals were said in a statement to be "integral to the planning, funding and execution of the October 7 attacks

Israel says studying Hamas response to truce deal

Last week, a Hamas source said the truce deal calls for a six-week pause to fighting as Hamas frees hostages...
  • US Secretary of State Antony Blinken, on his fifth tour of the region since the war broke out, arrived in Israel to discuss an "essential" agreement
  • Hamas confirmed it delivered its response to proposals hammered out a week ago in Paris between Qatar and other mediators

Israeli air strikes on Syria’s Homs kill five people

The Syrian Observatory for Human Rights said that five people have been killed including three civilians, and seven others were...
  • The monitor said the identities of the two non-civilian casualties were unknown
  • Israeli strikes last Monday near Damascus killed eight people, including pro-Iran fighters

Saudi Arabia to US: No Israel ties until Palestinian statehood within 1967 borders

Riyadh, Saudi Arabia - Saudi Arabia on Tuesday explicitly conveyed to the United States its stance on diplomatic relations with...
  • The announcement comes amidst ongoing discussions between Saudi Arabia and the US regarding the Arab-Israeli peace process
  • The spokesperson for the US National Security Council had recently commented on these discussions, further emphasizing their significance

EU seeks 90 percent drop in greenhouse emission by 2040

Strasbourg, France - The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the...
  • The 27-nation European Union is already working towards an interim target of cutting greenhouse gas emissions by 55 percent by 2030.
  • However, rising discontent could deal it a tougher time in trying to get the 2040 goal of 90 percent cuts adopted.

Iran agricultural, food exports hit US$4.8bn in 10 months

TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...
  • Of this amount, 4,944,481 tons worth $2,930,585,728 were dedicated to the export of agricultural products.
  • While 1,133,710 tons worth US$931,961,158 were dedicated to the export of food products.

Saudi Arabia’s air defense commander examines Russia’s S-350, S-400 systems

RIYADH, SAUDI ARABIA – The Commander of the Royal Saudi Air Defense Force Lieutenant-General Mazyad bin Suleiman Al-Amr has inspected...
  • The Royal Saudi Air Defense Force Commander saw various radars from the Almaz-Antey air defense concern.
  • The commander visited the stands of Russian defense industry companies and paid special attention to the air defense systems.

Turkey confirms Syria talks with Russia and Iran

A meeting was expected on the forum's sidelines between Turkey, and Damascus allies Iran and Russia.

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Israel vows retaliation after rocket kills 12 youths in occupied Golan Heights area

Israel's security cabinet on Sunday authorized Prime Minister Benjamin Netanyahu's government to decide on the "manner and timing" of a...

Gaza mediators, Israel spy chief to meet in Rome: Egypt media

"A four-way meeting between Egyptian officials and their American and Qatari counterparts, in the presence of Israel's intelligence chief, will...

UAE urges ‘temporary international mission’ for post-war Gaza

Washington has said repeatedly that it opposes post-war government of Gaza by either Israel or Hamas and has called for...

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Netanyahu, Biden to meet on elusive Gaza deal

Joe Biden will press Benjamin Netanyahu on Thursday to seal a Gaza ceasefire deal, despite the US president's shock election...
  • Relations between Biden and Netanyahu are tense over Israel's conduct in the war
  • Netanyahu's fiery speech to Congress sparked rowdy protests

‘We love life’: Gaza’s war-weary footballers play on

For fans and players, Tuesday's match in the Jabalia refugee camp was a welcome distraction from the pangs of hunger...
  • For the footballers, the match offered a rare escape from concerns about food and water shortages
  • Jabalia was hit particularly hard in an Israeli offensive launched in May

Bangladesh arrest total passes 2,500

What began as demonstrations against politicized admission quotas for sought-after government jobs snowballed into some of the country's worst unrest.
  • At least 174 people have died, including several police officers
  • A curfew was imposed and soldiers were deployed across the country