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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.

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...
  • An Israeli strike killed 31 people in central Gaza on Sunday, said the Palestinian territory's civil defense agency
  • President Biden said Sunday he heard the voice of Gaza war protesters as some students turned their backs during his speech

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...
  • The harsh weather conditions and heavy fog have made it difficult for the rescue teams to reach the accident site.
  • Iranian president's convoy included three helicopters, and the other two had "reached their destination safely.

Oil tanker hit by missile off Yemen, no casualties

"At approximately 1 am (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea...
  • The attack caused some flooding "which resulted in the loss propulsion and steering", CENTCOM said
  • The Houthis who control much of Yemen have launched dozens of attacks on vessels in and around the Red Sea

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"

Israel says more troops to ‘enter Rafah’ as operations intensify

Israeli forces took control earlier in May of the Gaza side of the Rafah crossing with Egypt, in a push...
  • The operation "will continue as additional forces will enter" the Rafah area, Gallant said
  • Israel's top ally the United States has warned that it had not seen any credible Israeli plan to protect civilians in Rafah

Hamas chief says group to decide on post-war Gaza rule with Palestinian factions

Ismail Haniyeh on Wednesday said the movement will be involved in deciding post-war rule in Gaza along with other Palestinian...
  • Haniyeh also said the fate of truce talks was uncertain because of Israel's "insistence on occupying the Rafah crossing and on its expansion of the aggression."
  • His comments came after Netanyahu said any discussion on who rules Gaza after the war was just "empty talk" as long as Hamas remains in the territory

Israel PM says no ‘humanitarian catastrophe’ in Rafah as almost 500,000 evacuated

The United Nations said Tuesday that nearly 450,000 people had been displaced from Rafah since Israel first began issuing evacuation...
  • The international community, including Israel's top ally Washington, had urged Israel to refrain from launching a ground offensive in Rafah
  • But Netanyahu insisted that "the humanitarian catastrophe that was spoken about did not materialise, nor will it"

Hezbollah commander among two killed in Israeli strike: source

Lebanese state media said an Israeli strike on a car in the country's south killed two people Tuesday, with a...
  • Hezbollah said that one of its fighters, a field commander, Hussein Makki, was "martyred on the road to Jerusalem'
  • At least 413 people have been killed in Lebanon in seven months of cross-border violence,

Saudi Arabia says no Israel normalization without Palestinian state

Riyadh, Saudi Arabia - Saudi Arabia said Wednesday it will not formalize ties with Israel unless a Palestinian state is established,...

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Donald Trump ramps up transition moves with key appointments

President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...

Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza

Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...

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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Buried for 14 hours after Israeli strike, Lebanese toddler makes recovery

The strike flattened an apartment complex and killed 15 people, many of them relatives
  • "Ali is the sole survivor of his family," said his father's uncle
  • "He emerged from the rubble, barely breathing, after 14 hours"

Who will staff Trump’s Govt? A look at top contenders, with Elon Musk among the likely picks

Tesla CEO Elon Musk could head a new "Department of Government Efficiency," promising $2 trillion in federal budget cuts and...
  • "There are some people that will be returning (from Trump's first term)," senior Trump aide Jason Miller told Fox Business. "And there'll be some new people joining the mix."
  • Linda McMahon, a former CEO of World Wrestling Entertainment, and Howard Lutnick, the founder of the brokerage firm Cantor Fitzgerald, are leading the transition process

Lebanon MPs demand UN protection of heritage sites from Israel attacks

The Lebanese MPs called on Azoulay to "urgently prioritize the protection of these historic sites by mobilizing UNESCO’s authority.
  • "During the devastating war on Lebanon, Israel has caused grave human rights violations and atrocities," the lawmakers said
  • Lebanon is home to six UNESCO World Heritage sites, including Roman ruins in Baalbek and Tyre