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Geostrategy

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.

Russian president to make ‘imminent’ visit to Turkey

Turkey's President Recep Tayyip Erdogan has managed to maintain trade and political relations with both Ukraine and Russia, allowing Russia...
  • Turkey's media have mentioned February 12 as a likely date of Putin's visit
  • The war in Gaza, energy, Black Sea trade routes and Syria will likely be discussed

Blinken to arrive in Middle East to press for truce

The US secretary of state is expected to discuss a proposed truce hammered out in a Paris meeting in January...
  • The US top diplomat is expected to visit Saudi Arabia, Israel, Egypt and Qatar
  • He stressed the need for urgently addressing humanitarian needs in Gaza

UNRWA plays key role in regional security, stability

The UAE's top diplomat reiterated the UAE's steadfast support for UNRWA, emphasizing that in light of current challenges, sustaining its...
  • UAE commits to continuous support for UNRWA, highlighting the agency's role in humanitarian relief.
  • The country stresses the need for a lasting ceasefire to protect civilians and support Palestinian people.

Hamas weighs Gaza truce as fighting nears fifth month

The Gaza health ministry said that at least 127 people were killed in Israeli strikes in the previous 24 hours...
  • Blinken will begin his trip in Saudi Arabia before visits to Israel, Egypt and Qatar
  • The war has also sent regional tensions soaring, with a surge in attacks in the region

WEF24: Gulf cities spearhead global investment surge

GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO &...
  • GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO & Founder of Special Edition and Million.
  • He attributes the Gulf's economic boom to transformative business and government practices, and inclusive policies that promote diversity and attract international talent.

RTA inks agreement to develop entry/exit points for Dubai Harbor

DUBAI, UAE - The Roads and Transport Authority (RTA) of the Emirate has entered into a strategic partnership with ‘Shamal...
  • The bridge extends from Sheikh Zayed Road to Dubai Harbour, an exceptional seafront district that hosts the region’s marina.
  • RTA would construct a bridge of two lanes in each direction spanning 1,500 meters and accommodating 6,000 vehicles per hour.

Arab Israelis let out of Gaza recount ‘terrifying’ journey

JERUSALEM - When Fatima, an Arab Israeli married to a Palestinian from the Gaza Strip, fled Israel's bombardment of the...
  • The majority of the Palestinian population, around 760,000 people, either fled or were forced from their homes during the first Arab-Israeli war.
  • According to Israel's Central Bureau of Statistics, there are more than two million Arab Israelis today, accounting for 21 percent of the population.

Jordan’s EMRC grants approvals for EV charging infrastructure

AMMAN, JORDAN - The Energy and Minerals Regulatory Commission (EMRC) has issued over 300 authorizations for the installation of electrical...
  • EMRC records indicate a distribution of 49 publicly accessible charging stations alongside 14 privately owned stations.
  • The capacity for the installation of multiple charging units at a single site, with 230 charging facilities holding establishment permits.

Parisians vote in anti-SUV parking and pollution referendum

Paris, France -- Parisians were voting on Sunday in a referendum on tripling parking costs for hefty SUV-style cars, a campaign...
  • Some 1.3m people in Paris are eligible to cast their ballot on the change, which would see cars weighing 1.6 tons or more charged $19.50 per hour for parking in central areas.
  • Fully electric cars would have to top two tons to be affected, while people living or working in Paris, taxi drivers, tradespeople, health workers and the disabled are exempted.

Number of visitors to Qatar rises 31.9 percent in December, says report

DOHA, QATAR - The total number of inbound visitors to the country reached about 519 thousand in December 2023, recording...
  • Qatar Monthly Statistics bulletin said the highest number of visitors was from the Gulf Cooperation Counci at 33 percent.
  • According to the bulletin, the total number of registered new vehicles in December 2023 has reached 3,390 new vehicles.

South Korean president clings to power after martial law U-turn

South Korean President Yoon Suk Yeol was still clinging to power Thursday, with his party announcing they will oppose an...

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Israel strikes key Yemen port after Tel Aviv attack

Prime Minister Benjamin Netanyahu warned "anyone who harms us will pay a very heavy price", after Friday's drone attack in...

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...

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...

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Israel bombs Gaza after US criticizes high civilian toll

The health ministry said a strike on a fuel station in Al-Mawasi in southern Gaza killed 17 people, and the...
  • US Secretary of State Antony Blinken earlier conveyed Washington's "serious concern" to two senior Israeli officials regarding deadly Israeli strikes in Gaza, his spokesman said
  • Hamas political leader Ismail Haniyeh said Sunday the group was pulling out of indirect talks for a deal in protest at Israeli "massacres."

Hamas and Palestinian rivals Fatah to meet in Beijing: officials

Several reconciliation bids have failed, but calls have grown since the Hamas October 7 attacks on Israel set off the...
  • The Hamas delegation is to be headed by its Qatar-based political chief Ismail Haniyeh, while the Fatah representation will be led by deputy head Mahmud Alul, Fatah sources said
  • The two groups have been bitter rivals since Hamas fighters ejected Fatah from the Gaza Strip after deadly clashes that followed Hamas's resounding victory in a 2006 election

Hamas says pulling out of Gaza truce talks, as Israel keeps up strikes

A Hamas official said Sunday that the Palestinian group was withdrawing from Gaza truce talks, as Israeli bombardments hit a...
  • On Sunday, Israeli forces struck a UN-run school in the central Nuseirat refugee camp
  • Four previous strikes on schools turned shelters since July 6 killed a total of at least 49 people