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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.

Civilians among 16 killed in Iraq by US strikes on pro-Iranian group

The strikes hit "locations in the Akashat and Al-Qaim regions, including areas where our security forces are stationed", Awadi said....
  • The strikes hit "locations in the Akashat and Al-Qaim regions, including areas where our security forces are stationed", Iraqi govt spokesman Awadi said.
  • "This aggressive air strike will push the security situation in Iraq and the region to the brink of the abyss," the spokesman Awadi added.

UAE allocates US$5m for UN’s humanitarian efforts in Gaza

ABU DHABI, UAE – As per the directives of President Sheikh Mohamed bin Zayed Al Nahyan, Minister of Foreign Affairs...
  • The UAE is keen to support the humanitarian operations being carried out by the United Nations in the Gaza Strip.
  • The UAE stressed on the need to prevent further loss of life and avoid inflaming the situation in the Palestinian territory.

No Middle East escalation, urges EU foreign policy chief after US strikes

European Union foreign policy chief Josep Borrell called on all parties to avoid further escalation in the Middle East after...
  • US President Joe Biden vowing more attacks in retaliation for a deadly drone attack on an American base in Jordan.
  • The EU is aiming to launch a naval mission in the Red Sea later this month to help protect international vessels from attacks.

Deadly strikes hit ‘pressure cooker’ Rafah ahead of Gaza truce push

Hundreds of thousands of displaced Palestinians have fled south to Rafah since the outbreak of the war, with the former...
  • An AFP journalist in the city heard powerful explosions shortly after midnight on Saturday, with the Hamas-run health ministry later reporting 14 people killed in two strikes there
  • Antony Blinken will travel to the Middle East again in the coming days to press a new proposal involving the release of Israeli hostages in return for a pause in Gaza fighting

Damascus says US occupation of Syrian territory ‘cannot continue’

The United States has some 900 troops in Syria and 2,500 in neighboring Iraq as part of an international coalition...
  • The overnight strikes killed "a number of civilians and soldiers, wounded others and caused significant damage to public and private property", the Syrian military said
  • The United States blamed Sunday's drone attack in Jordan on Iran-backed groups, but did not strike inside Iranian territory

Yemeni Houthis claim missile strike on Israel

The attack was the latest in a series of drone and missile strikes launched by the Houthis since the start...
  • Houthi forces "carried out a military operation against specific targets of the Israeli enemy in the Umm al-Rashrash area with a number of ballistic missiles", Yahya Saree said
  • The Israeli military had said earlier it had "successfully intercepted a surface-to-surface missile that approached Israeli territory in the area of the Red Sea"

Ex-Amazon economist to head Turkey’s central bank

Erkan resigned just a week after completing a historic series of interest rate hikes that have pushed the baseline rate...
  • Fatih Karahan's appointment follows the resignation of Hafize Gaye Erkan after less than a year in office over a media scandal involving her family
  • The reshuffle appears to keep in place Erdogan's newfound commitment to market economics following years of financial turmoil

US retaliatory strikes hit Iran-linked targets in Syria, Iraq

"The United States does not seek conflict in the Middle East or anywhere else in the world. But let all...
  • The United States did not strike the Iran's territory seeking to deter future attacks while stopping short of all-out war with Tehran
  • US NSC spokesman John Kirby told journalists that the strikes lasted about 30 minutes though they involved a lengthy trip for the B-1 bombers

Iraq’s pro-Iran Al-Nujaba group to continue attacks on US troops

"Any (US) strike will result in an appropriate response," Al-Nujaba leader Akram al-Kaabi said in a statement, adding the group...
  • Al-Nujaba movement forms part of the Islamic Resistance in Iraq, an alliance of Iran-backed armed groups that the US has blamed for last weekend's deadly drone attack
  • Another of the alliance's factions, Kataeb Hezbollah (the Hezbollah Brigades), announced earlier this week that it was suspending its attacks on US forces in Iraq and Syria

Iranian adviser among three killed in Israeli strikes on Syria

The targets included a site operated by Lebanese group Hezbollah on a road leading to the Sayyida Zeinab district and...
  • The Syrian Observatory for Human Rights said "three members of pro-Iran groups, including an Iranian and an Iraqi" were killed in "Israeli air strikes".
  • Iran's Mehr news agency said an Iranian adviser from the Islamic Revolutionary Guard Corps, Saeed Alidadi, was killed in the strikes

Lebanon says nine killed in Israeli strikes on southern villages

Many strikes on villages in southern Lebanon on Monday, after Israel said it was taking aim at dozens of Hezbollah...

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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...

Biden tells Americans to ‘cool it down’ after Trump assassination bid

As the country reeled from images of a bloodied Trump waving his fist after the gunman opened fire at a...

Donald Trump wounded at rally shooting, Biden leads condemnation

US President Joe Biden led the condemnation after his election rival Donald Trump was wounded in an apparent assassination attempt...

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Israel defense minister says “60 percent” of Hamas dead or wounded

Israel has launched major new offensives in Gaza City, even as it also embarks on contacts with international mediators on...
  • Gallant reaffirmed that Israel was "determined" to meet its war goals of eradicating Hamas
  • "We have eliminated or wounded 60 percent of the Hamas terrorists", he said

What we know about the rocky ‘roadmap’ to an elusive Gaza ceasefire

Jerusalem, Undefined - Qatari and Egyptian mediators are cajoling Israel and Hamas towards negotiations on a plan to end their war,...
  • US President Joe Biden first outlined in late May what he called an Israeli initiative for a truce and hostage release deal
  • Since the October 7 Hamas attacks, much of Gaza has been reduced to rubble and its 2.4 million people are surviving on sporadic aid deliveries

Heavy battles in Gaza City on eve of new truce talks

Hamas has accused Israeli Prime Minister Benjamin Netanyahu of deliberately stepping up battles in Gaza City and far-southern Rafah to...
  • Troops, tanks and aircraft were fighting in Gaza on the eve of new truce talks
  • Israeli forces on Monday intensified fighting and bombardment across the city