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Geostrategy

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.

UN General Assembly to address AI’s potential risks, rewards

The resolution focuses more on the technology's positive potential, and calls for special care "to bridge the artificial intelligence and...
  • The text, co-sponsored by dozens of countries, emphasizes the necessity of guidelines "to promote safe, secure and trustworthy artificial intelligence systems"
  • The draft resolution seeks "to promote, not hinder, digital transformation and equitable access" to AI in order to achieve the UN's Sustainable Development Goals

‘US circulates draft UN resolution calling for immediate truce in Gaza’

"Of course, we stand with Israel and its right to defend itself... but at the same time, it's imperative that...
  • We actually have a resolution that we put forward right now that's before the United Nations Security Council that does call for an immediate ceasefire, Blinken said
  • The United States had previously used its UN Security Council veto to block the world body from calling for an immediate ceasefire in the Palestinian territory

Qatar and Turkey to reunite wounded Gazans with their relatives in Doha

Doha, Qatar - Qatar and Turkey announced partnership in reuniting wounded Palestinians from the Gaza Strip with their relatives in...
  • The Ministry of Foreign Affairs said that a number of the wounded are receiving treatment in Turkey, while their relatives were undergoing treatment in Qatar.
  • The reunification will enable the patients to continue their treatment together in Doha, as part of the initiative of Qatar's Amir Sheikh Tamim Al-Thani.

Gaza ceasefire, post-conflict planning on Blinken’s Saudi visit agenda

Blinken is due to travel on to Egypt, which neighbors Gaza and whose envoys have been involved in previous mediation...
  • He will discuss "a political path for the Palestinian people with security assurances with Israel, and an architecture for lasting peace and security in the region", Miller added.
  • Nearly six months into the war, Israel's key backer the United States has repeatedly called on its ally to allow more humanitarian aid into besieged Gaza.

Afghanistan blames ‘politics’ as Australia cancels T20 tour in UAE

The Afghanistan Cricket Board urged the Australian government "not to impose its policies on cricket boards" and "focus on supporting...
  • Cricket Australia said it had received advice "that conditions for women and girls in Afghanistan are getting worse" and postponed the three-match series scheduled in August
  • The decision, announced Tuesday, was third time since 2021, when the Taliban returned to power, that Australia have refused to play Afghanistan outside of international tournaments

Israel’s Gallant to visit US as Rafah pressure builds

During his first visit to Washington since war erupted in response to Hamas's unprecedented October 7 attack, Gallant is due...
  • Netanyahu's office said a delegation would visit Washington at "the request of US President"
  • Biden said Monday he had told Netanyahu to send a team to Washington

No oil and gas majors aligned with climate targets: report

An A grade would be potentially aligned with the goals of the 2015 Paris Agreement to limit temperature rise to...
  • The assessment of the 25 largest listed fossil fuel firms by the think-tank Carbon Tracker is designed to enable investors to judge whether the firms are in line with international
  • At the bottom of the Carbon Tracker list were Saudi Aramco, Brazil's Petrobras, and the US's ExxonMobil, all rated G. The US firm Conoco Phillips was given an H

GCC and EU hold talks to boost economic, political ties

Brussels, Belgium-- The Gulf Cooperation Council (GCC) and the European Union have held talks in Brussels in order to enhance...
  • Jasem Mohamed Albudaiwi, head of the GCC, held talks with members of the EU Political and Security Committee
  • The two sides exchanged views on a group of regional and international issues, including the crisis in the Gaza Strip

Libya closes Tunisia border crossing after outbreak of clashes

Tripoli, Libya--Libya ordered the "immediate" closure of its main border crossing with Tunisia on Tuesday following clashes between armed groups and...
  • According to Libya's interior ministry, it ordered the closure of the post "after outlaw groups attacked the post in order to create chaos"
  • Armed clashes began on Monday night between armed groups who control Ras Jedir and security forces sent by Tripoli, as per media reports

Govt source: Canada halting arms shipments to Israel

On Monday, the Canadian Parliament passed a nonbinding resolution calling for the international community to work toward a two-state solution...
  • The move comes as Ottawa has only exported "non-lethal" shipments such as communications equipment to Israel since the deadly October 7 attacks
  • Israel has historically been a top receiver of Canadian arms exports, with CAN$21 million worth of military materiel exported to Israel in 2022

UAE discusses temporary Gaza governance with US, Israel, seeks two-state solution assurance: report

Discussions led by the UAE include provisional administration, PA leadership overhaul, and Gaza reconstruction, requiring extensive international cooperation and adherence...

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Israeli special forces in ‘limited’ Lebanon ground operations, says United States

Israeli forces have launched limited incursions in Lebanon, the United States said on Monday, while Lebanon's national army, dwarfed by...

Israel prepares for Lebanon ground invasion as Netanyahu tells Iranians ‘change coming soon’

While Israeli defense minister indicates imminent ground invasion of Lebanon speaking to his country's troops, Prime Minister Netanyahu addresses Iranian...

Israel targets Palestinian group in first strike on Beirut center

Israel hit a Beirut apartment block on Monday, killing three members of a Palestinian armed group in its first strike...

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More than 100 killed in Lebanon as Israel attacks south and central Beirut

Israeli fighter jets pounded parts of Lebanon and a drone attacked a Sunni neighborhood in central Beirut killing dozens across...
  • Israel targets predominantly Sunni neighborhood of Kola in central Beirut hitting a residential building
  • France's foreign ministry said late Sunday a second French national had been killed in Lebanon as minister visited Beirut for talks

How Israel killed Hezbollah leader Hassan Nasrallah?

Israel has been planning for months to kill Hezbollah leader Hassan Nasrallah in south Beirut. Reports say Israeli PM approved...
  • Exploding devices, which Israel has not claimed, killed at least 39 people, wounded almost 3,000 and "threw Hezbollah's communications back to the stone age
  • Senior officials say that "more than 80 bombs were dropped over a period of several minutes to kill" Hassan Nasrallah

UN sends emergency food aid for one million Lebanese amid fresh Israeli attacks

The World Food Program says it had launched an emergency operation to provide meals for one million people affected by...
  • Lebanon's health ministry said Israeli air strikes killed 21 people on Sunday in east Lebanon
  • "During the intelligence-based strikes, the (air force) struck approximately 120 Hezbollah targets in southern Lebanon"