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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.

Clean energy largest driver of Chinese GDP growth in 2023: report

China is the world's biggest emitter of greenhouse gases driving climate change, but it is also the top producer of...
  • Investment in "clean-energy" sectors accounted for 40 percent of China's GDP expansion last year, researchers at the Finland-based CREA said
  • The researchers examined investment in solar power, electric vehicles, energy efficiency, railways, energy storage, electricity grids, wind, nuclear and hydropower

Fighting focuses on Gaza’s Khan Yunis after deadly shelling hits UN shelter

The deadly incident came after the Israeli army said it had encircled the city, where footage released by the military...
  • Wednesday's attack on the UN shelter for displaced people saw the site hit by two tank rounds, killing nine and injuring 75, said Thomas White, the Gaza head of UNRWA
  • US condemned the attack, with State Department spokesman Vedant Patel saying "civilians must be protected and the protected nature of UN facilities must be respected

Bahrain and South Korea seek to bolster economic, parliamentary ties

Manama, Bahrain--Bahrain and South Korea have reviewed ways to enhance diplomatic, economic and parliamentary cooperation and partnership to benefit the...
  • The two sides looked to boost partnership in order to benefit the two countries and contribute to consolidating security, stability, economic growth in the MENA region
  • The South Korean official underscored the deep friendship between the two countries, noting the steady growth of bilateral ties at the political, economic, and parliamentary level

WEF24: Unified approach key to resolve challenges

Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai...
  • Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai Future Foundation tells TRENDS.
  • During interview, Belhoul emphasizes the role of technology as a unifying force and discusses the Foundation's plans for research, development, and international partnerships.

Qatar ‘appalled’ at alleged criticism by Netanyahu

Israeli prime minister accused Qatar of financing Hamas at a meeting this week with the families of hostages held in...
  • Qatar was one of the mediators of a truce deal in November that led to the release of 105 hostages
  • Its foreign ministry spokesman said his country was "appalled by the alleged remarks"

US to discuss troop withdrawal with Iraq soon: report

New York, United States - The United States will begin talks with Iraq on the withdrawal of US troops from...
  • The report said that Washington wants the troop schedule to reflect the current situation in Iraq and the stability of its government and law enforcement agencies
  • But the Iraqi leadership believes that the timeframe of the withdrawal should not be affected by any circumstances

Israeli shelling on UN shelter in Gaza kills nine Palestinians

Palestinian Territories - Tank shelling on a UN shelter on Wednesday killed nine people in Gaza's main southern city of...
  • "Two tank rounds hit building that shelters 800 people - reports now 9 dead and 75 injured," Thomas White, UNRWA's Gaza director, said on X.
  • Teams from UNRWA and the World Health Organization were trying to reach the shelter, which has been blocked for two days, White said.

Yemen-based Houthis fire missiles at ships in Red Sea, says US

Yemen's Iran-backed Houthi rebels fired three missiles at two merchant ships in the Red Sea in their latest attack in...
  • One missile missed its target and a US Navy destroyer shot down the other two, National Security Council spokesman John Kirby said.
  • The continuing Houthi action "means we're obviously still going to have to do what we have to do to protect that shipping," he said.

UAE MoD ink deals worth $517m in first two days of UMEX and SimTEX 2024

ABU DHABI, UAE - On the second day of the sixth edition of UMEX and SimTEX 2024, the accumulated value...
  • The second day of the event witnessed announcement of five deals signed by the Tawazun Council.
  • The total number of local contracts on the second day of UMEX and SimTEX 2024 reached five contracts.

NATO kicks off biggest military exercise since Cold War

The Western military alliance has said some 90,000 troops will take part in the months-long Steadfast Defender 24 exercise designed...
  • The exercise -- the biggest since the 1988 Reforger drill during the Cold War -- comes as NATO has overhauled its defenses since Russia launched its invasion of Ukraine in 2022
  • The alliance has dispatched thousands of troops to its eastern flank and drawn up most extensive plans since collapse of the Soviet Union to protect itself from a Russian attack

Five forgotten conflicts of 2024

he wars in the Mideast and Ukraine-Russia have dominated world headlines in 2024 but several other conflicts are ravaging countries...

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WikiLeaks founder Assange freed in US plea deal

Assange had been detained in the high-security Belmarsh prison in London since April 2019. He was arrested after spending seven...

Telegraph report on Hizbollah weapons at Beirut airport sparks outrage

Dubai, UAE - An article in The Telegraph alleging that Hizbollah is stockpiling Iranian weapons at Beirut International Airport (BIA)...

Israel PM says ‘intense’ phase of Gaza war winding down

Netanyahu said Israel would be able to "redeploy some forces to the north" on the border with Lebanon, where exchanges...

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Gaza health officials say 24 killed in Israeli strikes

Gaza civil defence agency spokesman Mahmud Basal told AFP that at least 20 were killed in a strike on a...
  • The Gaza City strikes added to at least 120 deaths over the previous 48 hours which the health ministry in Hamas-run Gaza reported earlier Saturday
  • Exchanges of fire across the Lebanese border between Israel and the powerful Iran-backed group Hezbollah have also escalated, raising fears of wider war

Israel-Hezbollah tensions drive fears of widening Gaza war

Hezbollah chief Hassan Nasrallah's group and Israeli forces have exchanged near-daily fire since Hamas's October 7 attack on southern Israel...
  • Hezbollah said it fired dozens of rockets into northern Israel in retaliation for a deadly air strike in south Lebanon
  • Experts are divided on the prospect of wider war

Hizbollah threatens Israel after military says Lebanon offensive ready

Hassan Nasrallah - whose powerful Iran-backed group has exchanged near-daily fire with Israel since its ally Hamas's October 7 attack...
  • Hizbollah chief Hassan Nasrallah said "no place" in Israel would "be spared our rockets", in a televised address broadcast amid spiraling tensions across the Israel-Lebanon border
  • Meanwhile, the war between Israel and Hamas raged in Gaza, with Israeli air strikes and clashes between troops and Palestinian fighters