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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.

Dubai approves rise in energy, water efficiency programs

DUBAI, UAE – Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 81st...
  • The Council reviewed updates of the demand side management strategy for 2030 and 2050.
  • This is part of the efforts to make Dubai a leading example in efficient energy and water demand management.

Shipping service connecting India, South East Asia with Saudi Arabia comes up

RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
  • This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
  • This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.

Palestinians ‘need the bombs to stop,’ Irish PM says at White House

Varadkar has been one of Europe's most critical leaders over Israel's campaign in Gaza, which began when Hamas launched an...
  • According to Irish PM Leo Varadkar, "the Irish people are deeply troubled about the catastrophe that's unfolding before our eyes in Gaza."
  • US has demanded a "clear and implementable plan" to protect civilians there, while Varadkar on Sunday called on Israel to abandon the planned incursion

Israel spy chief to discuss Gaza truce with Qatar PM: source

The talks in the Qatari capital are the first after weeks of intense negotiations involving Qatari, US and Egyptian mediators...
  • The meeting between Mossad chief David Barnea, Qatar PM Mohammed bin Abdulrahman Al-Thani and Egyptian envoys "is expected to take place today"
  • Palestinian fighters seized about 250 Israeli and foreign hostages during the October 7 attack, but dozens were released during a week-long truce in November

Oxfam blames Israel for ‘deliberately’ blocking aid to Gaza

Oxfam said in a report that Israel continued to "systematically and deliberately block and undermine any meaningful international humanitarian response"...
  • Oxfam said inspection rules were causing aid trucks to be stuck in queues for 20 days on average
  • The group noted that Israeli authorities arbitrarily reject "dual-use" items

Israeli army says operation under way in Gaza’s Al-Shifa hospital

Al-Shifa is the Gaza Strip's largest hospital. The Israeli army had in November last year carried out an operation in...
  • Soldiers "are currently conducting a precise operation in the area of the Shifa hospital," a statement from the military said
  • Israel has repeatedly accused Hamas of running military operations from hospitals and other medical centers, claims the fighter group denies

Climate change undermines global security, says NATO chief

Baku, Azerbaijan--NATO Secretary General Jens Stoltenberg on Sunday stressed the need to fight global warming, and called climate change a "crisis...
  • Stoltenberg said in Baku the challenge was that "the world needs energy, but at the same time we need to fight global warming"
  • He also hailed Azerbaijan for investing in alternative energies, stressing the country's "great potential" as a supplier of hydropower

Putin hails election victory, says would not be ‘intimidated’

If he completes another full Kremlin term, Putin will have stayed in power longer than any Russian leader since Catherine...
  • All of the 71-year-old's major opponents are dead, in prison or exiled
  • He has overseen an unrelenting crackdown on anybody who publicly opposes his rule

Israeli PM says civilians can leave crowded Rafah before invasion

Israel has repeatedly threatened a ground offensive against Hamas in Rafah, where people shelter in tents crammed up against the...
  • Netanyahu had on Friday said he approved the military's plan for an operation in Rafah as well as "the evacuation of the population."
  • The US - which provides Israel military assistance - has said it wants a "clear and implementable plan" to ensure civilians are "out of harm's way."

German Chancellor calls for Gaza deal with ‘longer-lasting ceasefire’

JERUSALEM – German Chancellor Olaf Scholz on Sunday called for a deal to free hostages held in war-ravaged Gaza accompanied...
  • In Jerusalem, German Chancellor Olaf Scholz called for a "negotiated two-state solution" to the Israeli-Palestinian conflict.
  • Netanyahu is under intense domestic political pressure to free hostages seized during Hamas's unprecedented October 7 attack

US proposes $8B arms deal with Israel; Biden plans strikes on Houthis as Gaza aid faces Trump-era cuts

The US proposes an $8 billion arms deal with Israel, plans intensified strikes on Yemen's Houthis, while Israel considers cutting...

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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...

Trump launches into ‘dark speech’ on illegal immigration

Anti-immigrant sentiment has been at the core of Trump's appeal in economically depressed, majority-white parts of the country ever since...

Retaliation or defeat: Hezbollah at crossroads after Nasrallah’s killing

Widely seen as the most powerful man in Lebanon before his death of Friday, Nasrallah was the face of Hezbollah...

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Biden ready to ‘adjust’ US forces in Mideast amid tensions: White House

Washington, United States - President Joe Biden ordered US forces in the Middle East to be adjusted "as necessary," the White...
  • The US president, who traveled to his beach house in Delaware on Friday, had been briefed several times by his national security team, the White House added
  • Biden had earlier confirmed that "the US had no knowledge of or participation in the (Israeli) action," adding in remarks to reporters that, "We're gathering information."

Tens of thousands protest against Lebanon ‘bloodbath’ in Iran, Yemen

The demonstrations in Tehran and other Iranian cities were responding to a call by authorities on Wednesday to demonstrate in...
  • Hezbollah is part of the "axis of resistance," Iran-aligned armed groups across the Middle East that have targeted Israel, and also US forces
  • The alliance also includes Yemen's Houthi rebels who organized a demonstration by tens of thousands in the capital Sanaa on Friday a day after firing a missile at Israel

Helpless! Top EU diplomat regrets failure to ‘stop’ Netanyahu

EU foreign affairs chief Josep Borrell voiced regret Friday that no power, including the United States, can "stop" Israeli Prime...
  • EU foreign affairs chief Josep Borrell says no power, including the United States, can "stop" Israeli Prime Minister Benjamin Netanyahu
  • "What we do is to put all diplomatic pressure to a ceasefire, but nobody seems to be able to stop Netanyahu.."