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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.

US military shoots down another drone over Red Sea

The Houthis say they are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in Gaza....
  • Maersk said Friday that it would divert all vessels around Africa instead of using the Red Sea
  • The rebels have launched more than 100 drone and missile strikes in Red Sea

Hamas command structure ‘dismantled’ in north Gaza: Israel

The army spokesman told reporters that its forces dismantled "the Hamas military framework in the northern Gaza Strip" and that...
  • Israeli PM said his government had directed the army to "eliminate Hamas"
  • He said the war should not stop until Israel has achieved "all of the goals"

EU’s Borrell meets Hezbollah official in bid to avoid wider war

Josep Borrell held talks with the head of Hezbollah's parliamentary bloc, Mohammad Raad, Lebanese media reported. An EU source confirmed...
  • Borrell said it is important to avoid Lebanon being dragged into a regional conflict
  • Cross-border fire has killed 181 people in Lebanon, including 135 Hezbollah fighters

UAE orders trial of 84 on terrorism charges, says media

Dubai, UAE - The Emirates is to put 84 people on trial for terror-related offenses, state media said on Saturday. The...
  • The Gulf state's attorney general ordered the trial of "mostly members of the terrorist organization of (the) Muslim Brotherhood", official news agency WAM said.
  • In 2013, the UAE tried 94 activists, lawyers, students, teachers and other government critics, accusing them of membership of the outlawed Muslim Brotherhood.

Dragon Oil, Turkmennebit ink MoU

Aim is to expand Dragon Oil’s investments in Turkmenistan.
  • Dragon Oil has been engaged in oil and gas cooperation with Turkmenistan on the basis of a production sharing agreement since 2000.
  • The company’s primary focus is on the extraction of hydrocarbon resources in the Caspian Sea, in the Cheleken Contract Area.

EU urges peace at Israel-Lebanon border amid escalation fears

The European Union foreign policy chief warned against a regional conflict that would involve Lebanon, as border clashes intensified nearly...
  • Lebanon's Iran-backed Hezbollah and Israel have exchanged near-daily cross-border fire since Hamas's unprecedented October 7 attack
  • But a strike that killed Hamas's deputy leader in Hezbollah's south Beirut stronghold on Tuesday intensified fears of a wider conflagration

Hamas urges US diplomat to end Israeli aggression in Gaza

ISTANBUL, TURKEY - Hamas leader Ismail Haniyeh has called on US Secretary of State Antony Blinken to use his current...
  • US support for Israel's military campaign "has caused unprecedented massacres and war crimes against our people in Gaza", Hamas chief Haniyeh said.
  • Haniyeh also urged regional leaders due to meet Blinken to tell him that stability in the Middle East was "closely linked to our Palestinian cause".

Fired over 60 rockets at Israeli military base, says Hizbollah

Beirut, Lebanon - Lebanon's Hizbollah fired on Saturday over 60 rockets at an Israeli military base, the group said, describing the...
  • The Israeli military said it had identified around 40 rocket launches from Lebanese territory on Saturday morning.
  • Air raid sirens went off in towns and cities across northern Israel, later also blaring in the Israeli-occupied Golan Heights.

Death toll from IS twin bombings rises to 91, says Iran

TEHRAN, IRAN - A bombing attack in southern Iran claimed by the Islamic State group has killed 91 people, state media...
  • The attack is the deadliest in Iran since 1978, when arson killed more than 370 people trapped in a cinema in Abadan.
  • The Iranian intelligence ministry said on Friday that "one of the suicide bombers" was "of Tajik nationality".

France and Jordan airdrop seven tonnes of aid to Gaza

The French leader posted a photograph of an airman standing on the cargo ramp of a military plane, with parachutes...
  • Jordan and France sent C-130 transport plane with mixed French-Jordanian crews, bringing a total of seven tonnes of "humanitarian and health" aid, the presidency said
  • At least 22,600 people have been killed in Gaza in Israel's response to the October 7 attack by Hamas, according to the territory's Hamas-run health ministry

Saudi hosts Muslim nations to discuss war in the Middle East with Trump in the equation

Arab and Muslim leaders are gathering in Saudi capital city Riyadh to discuss Israeli war against Gaza and Lebanon in...

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Deadly strikes hit Gaza as US envoy visits Israel

Israel has also fought and bombed resurgent Hamas forces in northern and central areas of the coastal territory previously considered...

US envoy touts ‘potential’ of Israel-Saudi deal in Netanyahu talks

US National Security Advisor Jake Sullivan says there is a potential of Israel-Saudi normalization deal if Netanyahu alters his political...

Prayers and concern in Iran as President Ebrahim Raisi’s helicopter remains missing

Search and rescue teams are looking for the crash site in the remote mountain area, says Iranian state media, adding...

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Israel calls for immediate release of hostages, reports two Thai people held in Gaza killed

The Israeli army said Thursday that two Thai hostages earlier believed to be alive in Gaza were killed in the...
  • There are now six Thai hostages being held in Gaza, according to an AFP tally
  • Families of Israeli hostages urged the UN Security Council to call for the immediate release of hostages held by Hamas in Gaza

Arab League calls for UN peacekeepers in Palestinian territories

In a concluding statement following a meeting in Manama, the 22-member grouping called for "international protection and peacekeeping forces of...
  • The league also separately, called for an "immediate" ceasefire in Gaza and an end to forced displacement in the Palestinian territory
  • Abbas told the summit his rival Hamas gave Israel "pretexts and justifications" to wage war on Gaza with its October 7 attack

Bahrain calls for Mideast peace conference at Gaza-focused Arab League

King Hamad bin Isa Al Khalifa was addressing fellow heads of state and government at the 22-strong grouping in Manama,...
  • King Hamad bin Isa Al Khalifa was addressing fellow heads of state and government at the 22-strong grouping in Manama, more than seven months into the conflict
  • UN Secretary-General Antonio Guterres described the war in Gaza as "an open wound that threatens to infect the entire region"