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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.

Iran hits out at UN experts report on 2022 protests

TEHRAN, IRAN – Tehran on Saturday strongly condemned a UN report on the Islamic republic's response to mass protests in 2022,...
  • International experts said the repression of mostly peaceful protests beginning in September 2022 have led to "crimes against humanity".
  • The UN Human Rights Council mandated the experts' investigation following massive protests after the death in police custody of Mahsa Amini.

US-led coalition shoots down 15 Yemen rebel drones: CENTCOM

CENTCOM and coalition forces determined that the drones "presented an imminent threat to merchant vessels, US Navy and coalition ships...
  • US Central Command, or CENTCOM, said the "large-scale" Houthi attack occurred before dawn into the Red Sea and adjacent Gulf of Aden
  • On January 9, US and British forces shot down 18 drones and three missiles fired by the rebels toward ships in the Red Sea, the US military said at the time

Erdogan says March local elections will be his ‘last’

It was the first time that Erdogan, who has been in power since 2003, has spoken about leaving office. The...
  • The 70-year-old leader expressed confidence that his conservative Justice and Development (AKP) party would nonetheless remain in power even after he has left office
  • Erdogan said that the results of the March 31 local elections would be "a blessing for the brothers who come after me and there will be a transfer of confidence"

Asif Ali Zardari: ‘Artful dodger’ returns as Pakistan president

He has spent more than 11 years in jail, a long time even by the standards of Pakistani politicians, with...
  • Initially a background character as Bhutto's consort, Zardari was stained by a bevy of corruption and other allegations
  • Between 2008 and 2013, he ushered in constitutional reforms rolling back presidential powers, and the 68-year-old's second term will see him steer a largely ceremonial office.

Canada to resume funding UN agency for Palestinians

Canada has reviewed the investigation's interim report and "we were reassured by the contents," Minister of International Development said. He...
  • UNRWA has been at the center of controversy since Israel accused 12 of its employees in January of involvement in the October 7 attack
  • About 15 countries, including the United States, Britain, Germany and Japan, suspended funding to UNRWA at the end of January

Italy begins probe into OpenAI’s new video tool Sora

ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched...
  • The Italian Data Protection Authority said it was concerned over “the possible implications for the processing of personal data of users.”
  • The watchdog said OpenAI -- which also makes chatbot ChatGPT and the image-generating DALL-E -- has 20 days to provide information.

US plan for Gaza aid transfer through sea dismissed by UN expert

In his annual State of the Union address to Congress, President Joe Biden said the US military would "lead an...
  • But Michael Fakhri, the United Nations special rapporteur on the right to food, dismissed the measure.
  • Neither a pier, nor the increasing airdrops over Gaza would "prevent starvation and famine by any definition", Fakhri said.

Zelensky to discuss war, Black Sea security during Turkey visit

NATO member Turkey has sought to maintain good relations with Moscow and Kyiv throughout the two-year war, with Erdogan pitching...
  • NATO member Turkey has sought to maintain good relations with Moscow and Kyiv throughout the two-year war, with Erdogan pitching himself as a key go-between.
  • A Turkish diplomatic source told AFP that Ankara "will once again emphasize that our strong support for the territorial integrity, sovereignty and independence of Ukraine.

Muslims pray for end to Palestinian suffering as Ramadan nears

Other parts of the Islamic world may be grappling with their own challenges, from conflicts to high inflation. But many...
  • While international mediators were hoping for a truce in time for Ramadan, no breakthrough had come by Friday.
  • Much of the territory of 2.4 million people has become a hellscape of bombed-out neighborhoods, emaciated children and mass graves.

Dubai’s assets in endowment sector reaches US$2.8bn

DUBAI, UAE – Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that under the guidance of Vice...
  • Dubai witnessed an 18 percent increase in endowment assets compared to the previous year.
  • The Crown Prince was briefed on key developments in the field of endowment work in Dubai.

Israeli strikes hit Yemen as Netanyahu fires warning

Israeli air strikes pummeled Sanaa's international airport and other targets in Yemen on Thursday, with Huthi rebel media reporting six...

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UN adopts pact to tackle volatile future for mankind

UN members adopted a blueprint for the future Sunday to tackle the myriad wars, environmental threats, and technological challenges facing...

Netanyahu says Israel has ‘landed a series of blows on Hezbollah’

Israeli Prime Minister Benjamin Netanyahu said Sunday that Israel has dealt serious blows to the Lebanese group Hezbollah, as rapidly...

Al Jazeera TV raided in West Bank; ordered to close for 45 days

Global news channel Al Jazeera said armed and masked Israeli forces raided its office in Ramallah in the occupied West...

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Israel pounds Lebanon as Hezbollah vows revenge for device blasts

Israel said it struck hundreds of targets in Lebanon, hours after Hezbollah's leader vowed to retaliate for two "unprecedented" rounds...
  • The explosion of thousands of Hezbollah pagers and radios killed 37 people and wounded nearly 3,000 over two days
  • Lebanon filed a complaint against "Israel's cyber-terrorist aggression that amounts to a war crime

Hizbollah chief admits ‘unprecedented’ blow in device blasts

Israel has not commented on the attacks in which Hizbollah operatives' pagers and walkie-talkies exploded in supermarkets, on streets and...
  • In his first speech since the attacks, which killed 37 people and wounded nearly 3,000 across two days, Nasrallah struck a defiant tone, vowing that Israel would face retribution
  • Describing the attacks as a "massacre" and as a possible "act of war", Nasrallah said Israel would face "tough retribution and a just punishment

Lebanon device blasts: what we know about deadly attacks

Hundreds of pagers and walkie-talkies used by Hezbollah exploded across Lebanon in unprecedented attacks this week, killing 37 people and...
  • Hundreds of pagers carried by Hezbollah operatives exploded at almost the same time
  • Exploding communication devices has killed 37 people and wounding more than 2,900 over two days