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Geostrategy

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.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

Lebanon’s Hezbollah rains rockets on Israel as Gaza war rages

Fire and smoke billows after rockets fired from southern Lebanon hit areas in northern Israel on July 4, 2024. (AFP).
  • The Israeli military said its forces were "striking launch posts in southern Lebanon"
  • UN chief Antonio Guterres is "very worried about the escalation of the exchange of fire"

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...
  • A field commander of the Islamic Resistance in Iraq said there would be "escalation for escalation" in the event of a full-scale war in Lebanon
  • The commander, speaking to AFP on condition of anonymity, said the Iran-backed group had already sent "experts and advisors" to Lebanon

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-Iran armed groups so-called "Axis of Resistance" is an alliance that includes Lebanon's Hezbollah and Yemen's Huthi rebels
  • In late January, a drone strike launched by Iraqi armed groups killed three US soldiers across the border in Jordan

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...
  • The protest follows recent divisions within the Labor government, which suspended a Muslim senator who voted in favour of Australia recognizing a Palestinian state
  • Senator Fatima Payman said she had been "exiled" after supporting the parliamentary motion - put forward by the Greens party - in defiance of government policy

Israel will not allow ‘winds of defeatism’ in Hamas war: Netanyahu

After a visit to troops on Monday, he said: "I saw very considerable achievements in the fighting being carried in...
  • After the October 7 attacks by Hamas, Netanyahu's right-wing government vowed to destroy Hamas and return all hostages seized during the deadly incursion by the Palestinian group
  • Netanyahu made his new vow of victory after the New York Times quoted sources as saying Israel was ready to make a deal without reaching all its goals

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

Hamas official says ‘nothing new’ in US Gaza proposals

Hamas insists on a permanent ceasefire and a complete withdrawal of Israeli forces from the Gaza Strip. Hamdan said the...
  • A plan presented last month by President Biden, which he said was proposed by Israel, included a six-week truce accompanied by an Israeli withdrawal from densely populated areas
  • Israeli Prime Minister Benjamin Netanyahu has said he will continue the war until Hamas is totally defeated and all hostages are freed

Reformist hopes for breakthrough as Iran goes to polls

Tehran, Iran - Iranians voted in a presidential election on Friday marked by a lone reformist's bid to break through against...
  • The ballot in 58,000 polling stations comes against a backdrop of heightened regional tensions over the Gaza war and discontent over the state of Iran's sanctions-hit economy
  • If no candidate wins 50 percent of the vote, a second round will be held on July 5, for only the second time in Iranian electoral history after the 2005 vote went to a runoff

Israel orders negotiators to Doha after fifth hostage-captive swap completed under truce deal

Hamas official Bassem Naim warned that Israel’s "procrastination" in implementing the agreement could jeopardize the ceasefire, as negotiations began on...

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Trump threatens 100% tariff on BRICS countries over currency plans

Washington, United States - President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations...

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...

Israel PM again warns Iran after top diplomat talks of revising nuclear doctrine if more sanctions imposed

The renewed war of words between the Middle East foes came as Iran prepares to hold key nuclear talks with...

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Palestinian leader Abbas lays ground for succession

Palestinian president Mahmud Abbas announced his replacement . Under current Palestinian law, the speaker of the Palestinian Legislative Council (PLC)...
  • Abbas, 89, still rules despite his term as head of the Palestinian Authority ending in 2009
  • The decree comes on the same day that a ceasefire entered into force in Lebanon

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...
  • The conflict in Sudan has left tens of thousands dead and some 26 million facing severe food insecurity
  • THe Democratic Republic of Congo has endured internal and cross-border violence for over 30 years

Biden-brokered truce deal halts Israel-Hezbollah war; Netanyahu plans to go full force against Gaza and Iran

Under US-brokered terms, Lebanon's army regains border control, curbing Hezbollah activity, while Israel vows to maintain security operations if threats...
  • US President Joe Biden announced the ceasefire agreement on Tuesday, as Israeli Prime Minister Benjamin Netanyahu said his ministers had agreed to a halt
  • Under the terms of the Lebanon truce, Israel will maintain "full" freedom to act against Hezbollah should the Iran-backed group pose any new threat, Netanyahu said