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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.

Japan quake triggers tsunami waves, residents told to run

A major 7.5 magnitude earthquake struck the Noto region in Ishikawa prefecture, the US Geological Survey (USGS) said. Japan's weather...
  • Sakhalin island and Vladivostok in Russia's far east were on "alert" due to a possible tsunami risk after the quakes in Japan, officials said.
  • The JMA said the Noto region experienced a rapid succession of quakes, with another 6.2 tremor hitting soon after the initial swarm, the USGS said.

Nobel winner Yunus convicted in Bangladesh labor law case

Yunus, 83, is credited with lifting millions out of poverty with his pioneering microfinance bank but has earned the enmity...
  • Hasina has made several scathing verbal attacks against the internationally respected 2006 Nobel Peace Prize winner, who was once seen as a political rival.
  • Yunus and three colleagues from Grameen Telecom, one of the firms he founded, were accused of violating labor laws when they failed to create a workers' welfare fund in the company

Taiwan’s president urges China to seek ‘peaceful coexistence’

Taiwan is less than two weeks from an election, closely watched from Beijing to Washington as it determines the future...
  • China has halted high-level communications with DPP government since her 2016 election
  • In her last New Year speech Tsai expressed hopes to restart communications with Beijing

Palestinian fighters target Tel Aviv in barrage of rockets fired from Gaza

Dubai, UAE--Several rockets fired from the Gaza Strip targeted Tel Aviv and southern Israel as the country rang in the...
  • Dozens of people in the streets of Tel Aviv took cover as as the wail of air-raid sirens exemplified the fragility of peace in the region
  • The Ezzedine al-Qassam Brigades, Hamas's military wing, claimed responsibility for both attacks in a video posted on social media

Kim directs army to ‘annihilate’ S. Korea, US if they attack

North Korean leader Kim Jong Un at a meeting with the country's major commanding officers in Pyongyang on New Year's...
  • US, South Korea have ramped up defense ties after weapons tests by Pyongyang
  • Pyongyang declared itself an "irreversible" nuclear power in 2022

Israeli minister calls for return of settlers to Gaza

Israel unilaterally withdrew the last of its troops and settlers in 2005, ending a presence inside Gaza that began in...
  • The minister said that in order to have security "we must control the territory"
  • He said Israel should "encourage" Palestinians in Gaza to relocate to other countries

New Year celebrations in GCC tempered by Gaza war

In Dubai and Abu Dhabi, lights and fireworks illuminated the skies as international tourists soaked up the celebratory scenes. The...
  • Sheikh Zayed Festival put on display the region's largest firework lasting 40 minutes
  • Across Dubai, the hotels reported occupancy rates soaring above 90 percent

UAE announces reduction in fuel prices for January

ABU DHABI, UAE - The prices of petrol and diesel are set to decrease in the country in January following...
  • This change reflects a continuous trend observed in the fuel prices over the past few months.
  • September and October witnessing increases and November and December seeing reductions.

UNSC committee adopts guiding principles on use of UAS for terrorist purposes

NEW YORK, US – The Counter-Terrorism Committee (CTC) of the UN Security Council adopted the "Abu Dhabi Guiding Principles" and...
  • The document is the first of its kind at the United Nations to address the increasing challenges posed by UAS in the context of counter-terrorism.
  • As the current chair of the Counter-Terrorism Committee, the UAE facilitated this crucial initiative, reflecting its commitment to global peace and security.

From climate action to global aid: Inside UAE’s remarkable year

Abu Dhabi, UAE -- The UAE is bidding farewell to 2023, dubbed the ‘Year of Sustainability'. From hosting the relatively...
  • UAE launched ALTÉRRA, the world’s largest private investment climate action vehicle, aimed at raising and mobilizing an additional $250bn for climate action.
  • Despite global headwinds, CBUAE projects 3.3 percent year-on-year growth projected for the UAE economy in 2024.

Republicans seize control of US Senate: networks

Republicans wrested the US Senate from Democratic control, ending four years in the minority, in its quest to dominate every...

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Kuwait emir dissolves parliament in new political crisis

The state's ruler attributed his move to the "interference" of some MPs in the emir's powers and others imposing "conditions"...

Hamas says ‘ball is completely’ in Israel’s hands in Gaza truce talks

"The negotiating delegation left Cairo heading to Doha. In practice, the occupation (Israel) rejected the proposal submitted by the mediators...

Israel hits Rafah despite US warning on arms transfers

In an interview with CNN on Wednesday, Biden warned he would stop some US weapons supplies to Israel if it...

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Biden threatens to stop arm shipments if Israel invades Rafah

Biden, a self-described Zionist, had long resisted stopping any of the $3 billion in weapons the United States sends each...
  • In an interview with CNN Biden also deplored the fact that civilians had been killed by the dropping of US bombs on the Palestinian territory
  • His fresh warning came after the US last week halted a shipment of huge American bombs to Israel as it appeared ready to proceed with a major attack on Rafah

Empty streets and ‘fear’ in Gaza’s Rafah since Israeli incursion

Rafah, Palestinian Territories - Displaced Gazan Marwan al-Masri, sheltering in Rafah, said on Wednesday "life has completely ceased" since Israeli tanks...
  • More than 1.4 million people had crammed into Rafah, a city on the Gaza Strip's southern border with Egypt, as Israeli forces pushed their way southward
  • Caught between Israeli shelling from the east, an Egyptian border to the south and the Mediterranean to the west, many fleeing Rafah went north

Israel seizes Rafah crossing as Gaza truce talks resume

Egypt's state-linked Al-Qahera News reported that mediators from Qatar, the United States and Egypt were meeting with a Hamas delegation.
  • A senior Hamas official warned this would be Israel's "last chance" to free the estimated 128 captives still held in Gaza, including 36 officials who are dead
  • Israel's offensive has killed at least 34,789 people in Gaza, mostly women and children, according to the Hamas-run territory's health ministry