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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 census to include Middle Eastern or North African category

The next US census and federal government forms will include new options for race and ethnicity including a category for...
  • "These updated standards will help create more useful, accurate and up-to-date federal data on race and ethnicity," US Chief Statistician Karin Orvis said.
  • These revisions will enhance the ability to compare data across federal agencies, and to understand how federal programs serve a diverse America.

US Federal Reserve’s preferred inflation gauge ticks up as fuel costs rise

WASHINGTON, US – The US central bank's favored measure of inflation edged higher last month on the back of rising fuel...
  • The personal consumption expenditures price index rose at an annual rate of 2.5 percent in February.
  • Much of the February increase in the cost of goods came from energy prices, which rose 2.3 percent from January.

Israeli strikes kill dozens in Syria and Lebanon, rile Russia and Iran

In Syria, "Israeli strikes" targeted a Hizbollah "rockets depot" in Aleppo province, killing 36 Syrian soldiers, seven Hezbollah members and...
  • Moscow said they were "categorically unacceptable" while Iran said they were a "violation of Syria's sovereignty" and "a serious threat to peace and security".
  • In Lebanon, Hizbollah has exchanged near-daily fire with the Israeli army across the country's southern border since October, saying it is in support of Gazans and Hamas.

Restoration project for Jeddah district’s old buildings completed

JEDDAH, SAUDI ARABIA – The Ministry of Culture, represented by the Jeddah Historic District Program, has announced the completion of...
  • The project comes within the context of the Crown Prince's keenness to preserve and rehabilitate historical sites.
  • The project aimed to highlight the heritage landmarks that Jeddah District is abundant in as a site containing over 600 heritage buildings.

Turkey’s Erdogan seeks to wrest back Istanbul in mayoral election

Istanbul, Turkey--Recapturing Istanbul, the "jewel" of Turkey, in Sunday's local elections has become President Recep Tayyip Erdogan's obsession ever since losing...
  • In 1994, Erdogan was elected mayor of the city, setting him up to become president of the country, a seat he continues to occupy
  • He named former minister Murat Kurum as his mayoral candidate, entrusting him to reconquer Istanbul and consolidate his power

ICJ orders Israel to ensure humanitarian aid in Gaza

The International Court of Justice said in its order that Israel should "take all necessary and effective measures to ensure,...
  • The court said that Palestinians in Gaza are no longer facing only a risk of famine, but... famine is setting in
  • At the ICJ, South Africa has charged that Israel is perpetrating a genocide in Gaza

Russia says ‘evidence’ links Ukraine to Moscow attack

MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...
  • Russian officials alleged the suspects had received "significant amounts of money and cryptocurrency from Ukraine".
  • The officials said that said another man "involved in financing the terrorists" had been identified and detained.

French parliament condemns 1961 Paris killings of Algerians

Paris, France - The French parliament's lower house on Thursday approved a resolution condemning as "bloody and murderous repression" the killing...
  • Dozens of peaceful demonstrators died during a crackdown by Paris police on a protest by Algerians in 1961
  • The bill, put forward by Greens lawmaker Sabrina Sebaihi and ruling Renaissance party MP Julie Delpech, was approved by 67 lawmakers

UN ‘disturbed’ as Israeli strikes on health care kills 10 in Lebanon

"The tragic events of the past 36 hours have resulted in a significant loss of life and injuries in south...
  • "Deeply disturbed by the repeated attacks on health facilities and health workers who risk their lives to provide urgent assistance to their local communities," said Imran Riza.
  • Hizbollah said four of its fighters and two rescuers were killed in Wednesday's strikes, while its ally the Amal movement said it had lost two members, including a rescuer.

US shoots down four Houthi drones in Red Sea

In November, the Houthis launched a campaign of drone and missile strikes against vessels in the Red Sea, an area...
  • US Central Command that its forces had "engaged and destroyed four long-range unmanned aerial systems" at around 2 am Sanaa time adding there were no injuries
  • Actions against Houthis are taken to protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels," CENTCOM added

UNRWA: Reconstructing Gaza Strip exceeds agency’s capabilities due to severe damage

Gaza, Palestine - The United Nations Relief and Works Agency for Palestine Refugees (UNRWA), confirmed today that the reconstruction process...

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Iran FM in Saudi for talks on Gaza and Lebanon

Iranian Foreign Minister Abbas Araghchi's arrival in Saudi Arabia aims to address Israeli military aggression in Gaza and Lebanon, seeking...

Israel continues to tear apart Gaza and parts of Lebanon; Hamas-Hezbollah alive and kicking

While Israel continues to attack Gaza and Lebanon, the situation is "very scary" in Gaza Strip according to a Red...

Lebanese fishermen stay ashore after Israeli warning

The Israeli army warned late Monday that it would expand its operations against the Lebanese fighter group Hezbollah to Lebanon's...

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Saied re-elected Tunisia president with 90.7% of the vote

Tunis, Tunisia - Kais Saied has been re-elected president of Tunisia with 90.69 percent of votes cast, electoral authority ISIE said...
  • Three years after Saied made a sweeping power grab, rights groups fear his re-election will entrench his grip on the only democracy to emerge from the 2011 protests
  • His imprisoned rival Ayachi Zammel received just 7.3 percent, and third candidate Zouhair Maghzaoui only 1.9 percent, ISIE head Farouk Bouasker said on national television

HRW: Israeli strikes endanger civilians on Lebanon-Syria border

Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations", adding: "The situation places...
  • Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations"
  • Lebanese authorities said Friday that more than 370,000 people had crossed from Lebanon into Syria

Israel marks first anniversary of Hamas’s October 7 attack

Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion...