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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.

China, Russia blame US for stoking Middle East tensions

The US forces targeted many positions in Syria and Iraq in retaliation for a drone attack on a base in...
  • Russian ambassador said US attacks are aimed to stoke the conflict
  • China's ambassador said US actions will worsen the "tit-for-tat violence in the Middle East"

WW3 may begin before US President Biden’s term ends, Trump says

NEW YORK, US - World War III may break out before US President Joe Biden leaves office, former US president...
  • Trump alleged that that Biden's policy had turned the world into hell and was leading the United States to a bloodbath.
  • The US presidential election will be held in November and incumbent Joe Biden said that he would seek re-election.

Russian foreign minister to speak at Valdai Middle East Conference

MOSCOW, RUSSIA - Russian Foreign Minister Sergey Lavrov will take part in the 13th Middle East Conference of the Valdai...
  • The 13th conference is taking place at a time when the region is under the microscope amid the escalating Palestinian-Israeli conflict.
  • Experts are likely to discuss ways to come to a comprehensive settlement in the Middle East, the legacy of colonial policy.

Spain to increase UNRWA funding after donors suspend aid

MADRID, SPAIN -  Spain said on Monday that it would give an additional US$$3.8 million (3.5 million euros) in aid to...
  • Over a dozen countries, including the US, Germany, Britain and Sweden, have suspended their funding to UNRWA.
  • There are accusations that 12 UNRWA staff members were involved in the October 7 attacks in Israel by Hamas.

Investment in Qatar free zones reaches US$1.3bn, says QFZ chairman 

DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed...
  • The QFZ chairman held a meeting with a delegation led by First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Twar Al Kuwari.
  • The delegation paid a field tour to the Ras Bufontas Free Zone to explore the investment benefits and business opportunities within the free zones.

Gaza situation ‘indescribable’ as Blinken starts another Mideast tour

On his fifth trip to the region since the war broke out, Blinken will visit Saudi Arabia, Israel and mediators...
  • At least 128 people were killed in Israeli strikes overnight to Monday, according to the health ministry in the Hamas-ruled territory.
  • UN chief Antonio Guterres announced the creation of a panel to assess UNRWA and "whether the agency is doing everything within its power to ensure neutrality".

Saudi, UAE ‘prior’ countries for Russia’s inbound tourism push

Moscow, Russia -- China, India, Iran, the United Arab Emirates (UAE) and Saudi Arabia will become prior countries for Russia...
  • In 2024, attention will be given to five prior countries: China, India, Iran, the UAE, Saudi Arabia, said Director General of the Center for Strategic Research Pavel Smelov.
  • "It is expected that by 2030 the implementation of the concept presented will result in the annual flow of 16 million foreign tourists," he said.

Iran starts construction on new 10MW nuclear research reactor

Tehran, Iran -- Iran said Monday it had started building a new nuclear research reactor in Isfahan, days after it announced...
  • The new 10-megawatt research reactor is being constructed to create a powerful neutron source, IRNA said.
  • It would have a variety of applications, including fuel and nuclear material tests and the production of industrial radioisotopes and radiopharmaceuticals, it said.

Boeing spots new ‘problems’ in 737

The fuselage problems could slow down deliveries.
  • Boeing Commercial Airplanes chief executive Stan Deal said, "This past Thursday, a supplier notified us of a non-conformance in some 737 fuselages"
  • Deal said employees offered suggestions on more than 1,000 improvements since a series of training events following the January 5 incident

EU adopts cavalier approach in its desire for primacy

For EU leaders, it is their way or the highway as the wealthy, powerful bloc seeks to tame opposition and...
  • Some reports say that Brussels had made a "confidential plan" to ruin Hungary's economy, shatter investor confidence, destroy its currency
  • When non-Western countries accuse the West about their unfair trade sanctions, Western pundits dismiss the accusations as conspiracy theories

Syria: Tens of thousands of Alawites flee Homs, fearing rebel advance towards Damascus-coast strategic link

Analysts said they expected the fighters led by Islamist group Hayat Tahrir al-Sham (HTS) to push on towards the city,...

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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.

Defiant Netanyahu to face US Congress amid Biden’s withdrawal

US Secretary of State Antony Blinken, using an American football image, said Friday that negotiators were "inside the 10 yard...

The Biden bombshell: a plot twist that roils Trump too

With the Democrat no longer in the race, the Trump operation finds itself pushed into a strategic pivot, forced now...

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Defiant Biden vows to ‘win’ despite growing revolt

Around 25 House Democrats and three senators have now called on Biden to drop out since a disastrous debate performance...
  • Biden vowed to return to the campaign trail next week, and took aim at Donald Trump's "dark" speech accepting his nomination at the Republican National Convention on Thursday
  • Amid party defections, media speculation is mounting that Biden is using his weekend in Delaware to consult family members and mull over the path ahead

Yemen Houthis claim responsibility for drone attack on Tel Aviv

A statement from the rebels, who have carried out dozens of attacks against Red Sea shipping in what they say...
  • Israeli emergency services say the explosion left one person dead and up to 10 lightly injured
  • The US intercepted a ballistic missile and three drones launched by the Houthis at Israel on Friday night

Hezbollah vows to hit new Israeli targets if civilians killed

Since October, the cross-border violence has killed 511 people in Lebanon.
  • Hezbollah warned Israel of the consequences of any invasion of Lebanon
  • The Israeli military said that "operational plans for an offensive in Lebanon were approved and validated"