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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.

DAE, Turkish Airlines ink pact

Turkish Airlines will take on lease 10 Boeing 737-8 aircraft.
  • The aircraft are scheduled to be delivered in 2025.
  • DAE owns and manages 96 737 MAX family aircraft.

Iran denies links to Jordan drone strike that killed 3 US troops

US President Joe Biden said on Sunday that "radical Iran-backed fighters groups operating in Syria and Iraq" were behind the...
  • US Central Command said 34 personnel were also wounded, eight of whom required evacuation
  • The strike marked the first US military losses since the war between Israel and Hamas began

Iran puts to death men convicted of spying for Israel

The four defendants, identified as Mohammad Faramarzi, Mohsen Mazloum, Wafa Azarbar, Pejman Fatehi, were arrested in July 2022 and accused...
  • The men had been recruited by Mossad "about a year and a half before the operation"
  • They were sent to African countries for "training courses in the military centres"

Israeli ministers join thousands at rally for Gaza settlement

The firebrand politician Itamar Ben-Gvir said Israel should "encourage voluntary emigration" of Palestinians from Gaza, echoing past remarks that drew...
  • Sunday's rally aimed at pressuring the government to "return to the Gaza Strip and establish communities right away", said settler leader Daniella Weiss
  • The Israeli military campaign, according to the Gaza health ministry, has killed at least 26,422 people, most of them women and children

Houthi rebels open seized cargo ship to sightseers

For about a dollar per trip, male-only groups of visitors can board wooden boats five times a week to the...
  • On board the ship, some visitors performed a traditional dance featuring the daggers that many Yemenis carry tucked into their belts, accompanied by chants glorifying the Houthis
  • A Yemeni visitor Hamada al-Baydani, said he had travelled 400 kilometers (250 miles) from Al-Bayda, to see the seized ship, which he labelled "a source of pride for Yemenis

US vows to respond after troops killed in Jordan

US President Joe Biden held Iran-backed fighters responsible for the killing of US troops and vowed to hold the perpetrators...
  • In South Carolina, the president held a moment of silence for the slain troops
  • CENTCOM said that the attack had hit a logistics support base in northeast Jordan

Oil rises on fresh Middle East fears after attack on US base

"The news of three US troops being killed by a drone attack, and President Biden saying 'we shall respond', will...
  • The attack - which came two days after Yemen's Huthi rebels struck a vessel in the Red Sea - ramped up tensions in the region
  • Both main crude contracts rose more than one percent in early trade - hitting levels not seen since November - before paring the gains slightly

Dubai RTA awards US$95m contract to upgrade ticketing system   

DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing...
  • The aim is upgrade the existing card-based ticketing system to an account based ticketing system, aligning with the top global practices.
  • It seeks to develop a flexible and 100 percent scalable digital infrastructure, ensuring 100 percent fintech integration in mobility solutions.

US, Egypt, Qatar and Israel officials in Paris talks for Gaza ceasefire

French authorities were also in touch with these four countries with the aim of negotiating a halt to hostilities between...
  • Negotiators were getting closer to an agreement under which Israel would suspend its war in Gaza for about two months in return for the release of more than 100 hostages.
  • Qatar is playing a key role in the latest talks after brokering a hostage release deal in November.

UN chief calls for continuity in aid as battle rages in Gaza

Heavy fighting raged in Gaza amid a row over the UN agency for Palestinian refugees that has called its future...
  • The Israeli army said special forces were continuing to engage in "intensive battles" in Gaza's main southern city of Khan Yunis.
  • UNRWA said it had fired several employees over Israel's accusations of its staff

Iran-Europe nuclear talks on as global tensions escalate ahead of Trump’s return

The stakes were laid bare in a warning from Britain's foreign intelligence chief that Iran's nuclear ambitions posed a major...

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Iraqi armed groups say ready to fight Israel if Lebanon war breaks out

Baghdad, Iraq - As war rages in Gaza and threatens to spread to Lebanon, Iraqi militant groups warn they are ready...

Syrian-based armed Iraqi groups ready to fight Israel to support Lebanon if war breaks out

As war rages in Gaza and threatens to spread to Lebanon, Iraqi militant groups warn they are ready to enter...

Pro-Palestinian group scales Australia’s parliament

Sydney, Australia - Protesters scaled Australia's national parliament on Thursday, unfurling banners reading "Palestine will be free", and accusing Prime Minister...

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Israel strikes southern Gaza after ordering evacuations

Other parts of the Gaza Strip were reeling from continued fighting nearly nine months into the devastating conflict. Witnesses and...
  • Witnesses reported multiple strikes in and around the city of Khan Yunis, where eight people were killed and more than 30 were wounded
  • The bombardment came after a rare rocket barrage claimed by the group Islamic Jihad, which has fought alongside Hamas

Gaza hospital chief says tortured in Israel detention

Israel's military has accused Hamas of using hospitals in the Gaza Strip as a cover for military operations. It has...
  • Al-Shifa hospital director Mohammed Abu Salmiya was among dozens of Palestinians released and returned to Gaza for treatment
  • Abu Salmiya said he and other prisoners were put through "severe torture" in Israeli prisons

Fighting rages in Gaza City’s Shujaiya for fourth day

A Hamas official in Lebanon, Osama Hamdan, confirmed that the Islamist movement had received the latest proposal but said it...
  • Months of on-and-off talks towards a Gaza truce and hostage release deal have meanwhile made little progress
  • Hamas said Saturday that there was "nothing new" in a revised plan presented by US mediators