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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.

In Gaza, there are no more ‘normal-sized babies’: UN official

The war began October 7 when a surprise attack by Hamas resulted in about 1,160 deaths in Israel, mostly civilians,...
  • "Doctors are reporting that they no longer see normal-sized babies,"  Dominic Allen, UN official said after visiting hospitals still providing maternity services in north of Gaza
  • Allen said Israeli authorities had refused to allow in some UNFPA supply shipments, such as kits for midwives, or had removed supplies like flashlights and solar panels

UN says 5 million at risk of starvation in Sudan

The war between army chief Abdel Fattah al-Burhan and his former deputy, Mohamed Hamdan Daglo, has since April last year...
  • Some five million Sudanese could face calamitous food insecurity in coming months as a nearly yearlong war between rival generals continues to tear the country apart, UN said
  • UN humanitarian chief Martin Griffiths noted that nearly 730,000 Sudanese children - including more than 240,000 in Darfur - are thought to suffer from "severe" malnutrition

Hamas, Houthis hold rare meeting: Palestinian sources

According to sources from Hamas and Islamic Jihad, leaders from the two Palestinian groups, as well as the Marxist Popular...
  • The Houthis have attacked Red Sea shipping for months since the Israel-Hamas war broke out on October 7, saying they are targeting vessels in solidarity with Palestinians
  • Hamas and the Houthis belong to the "axis of resistance", a collection of Iran-backed movements hostile to Israel and the United States that also includes Lebanon's Hizbollah

G7 vows ‘significant’ new sanctions if Iran sends missiles to Russia

Washington, US - G7 countries warned Iran on Friday that they will impose "significant" new sanctions if Tehran transfers ballistic missiles...
  • Among the steps that have been discussed is ending national airline Iran Air's flights to Europe, the official added.
  • A senior US administration official told journalists that if Iran decides to sell ballistic missiles to Russia, the costs will far outweigh the benefits.

Seven children among 22 dead as boat capsizes off Turkish coast

Istanbul, Turkey - Twenty-two migrants including seven children have drowned after a boat capsized off the Turkish coast, local officials said...
  • "The Turkish coastguard found the bodies of 22 people including seven children," the local governor's office said in a statement.
  • Officials said the boat began sinking overnight and on Friday many ambulances were standing by at the port of Kabatepe near Gokceada.

European Union to sanction violent Israeli settlers and Hamas

Britain and the United States have already imposed sanctions on a small number of Israeli settlers accused of committing human...
  • A high-ranking EU official said that he expected foreign ministers from the bloc's 27 member states to give political backing to the moves.
  • The 27-nation EU has struggled for a unified position in the face of the Hamas attack and Israel's subsequent devastating military operation in Gaza.aZ

US forces ‘destroy’ Houthi anti-ship missiles and drones in Yemen

Dubai, United Arab Emirates--The US military said Thursday it had destroyed nine anti-ship ballistic missiles and two drones in Yemen after...
  • CENTCOM said two missiles fired by the Houthi rebels towards the Red Sea and two towards the Gulf of Aden had caused no damage or injuries
  • The Houthi attacks have sent insurance costs spiralling for vessels plying the key trade route and prompted many shipping firms to avoid the Red Sea

Red Sea crisis reduces Ramadan cheer for war-torn Yemen

Ramadan, when Muslims break their day-long fasts with large evening meals, usually means brisk business for Yemen's shops. But in...
  • Over the past four months, the Houthis have been harassing shipping in the Red Sea in protest at Israel's war against Hamas, triggering American and British reprisal strikes
  • The conflict in the commercially vital seaway has pushed up the cost of importing goods, exacerbating runaway inflation and raising fears that food supplies could run out

UN should organize more aid convoys for north Gaza: Israel

An Israeli official said that the UN should coordinate more convoys if it wants to see more aid in north...
  • However UNRWA spokeswoman said the issue is with Israel not allowing enough aid in
  • Aid workers say slow inspections and opaque rules have held up the arrival of aid

GCC seeks travel ease with Schengen visa exemption

GCC Secretary General Jasem Albudaiwi calls for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to...
  • GCC Secretary General Jasem Albudaiwi is advocating for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to the continent.
  • With plans for a Unified Tourist Visa and streamline travel safety measures, the GCC is paving the way for a more interconnected and accessible world.

Syria Foreign Minister in Saudi Arabia, hopes the visit opens ‘new, bright page’

Last week, in an interview with Saudi-owned Al Arabiya television, Sharaa said Saudi Arabia "will certainly have a large role...

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US gives US$8.7 billion in military aid to Israel amid global push for a ceasefire

While international pressure on Israel for ceasefire in Lebanon and Gaza intensifies, Netanyahu refuses to slow down military operations. Lebanese...

Ceasefire calls mount as Israeli troops on alert for Lebanon incursion

International calls for restraint mounted Wednesday after Israel's army chief told soldiers to prepare for a possible ground offensive against...

Diplomacy fails Lebanon: Biden hints all-out-war while Israel plans ground invasion

Israel's army chief told troops on Wednesday to be prepared for possible entry into Lebanon as Israeli fighter jets bombarded...

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HRW says Israeli strikes on Lebanon putting civilians ‘at grave risk’

United Nations "member states should take urgent action to establish an independent inquiry into violations during the current hostilities", said...
  • Israeli raids on Lebanon on Monday killed at least 558 people
  • "More than 1,000 Israeli strikes across Lebanon that have killed hundreds of people and injured thousands" this week

Biden warns at UN against ‘full-scale war’ over Lebanon

Biden also pushed again for an elusive ceasefire between Israel and Hamas, telling the global body it was time to...
  • The UN General Assembly, the high point of the diplomatic calendar, comes as Lebanese authorities say Israeli strikes killed 558 people -- 50 of them children
  • "Full-scale war not in anyone's interest. Even though the situation has escalated, a diplomatic solution is still possible," Biden said in his farewell address to the global body

UN chief warns Lebanon on ‘brink’ as world leaders gather

Top United Nations officials have expressed deep concerns over the violent Lebanon-Israeli situation that has resulted in the deaths of...
  • Lebanese authorities say Israeli strikes killed 558 people - 50 of them children
  • "Lebanon is at the brink," UN Secretary-General said