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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.

Indian man fighting for Russia against Ukraine killed in action

New Delhi, India - India's embassy in Moscow has confirmed the death of a citizen recruited by the Russian army, days...
  • The embassy did not state the circumstances behind Mohammed Asfan's death but said it was in touch with his family and Russian authorities.
  • Asfan is the first death confirmed by Indian authorities among its citizens serving with the Russian army and the second confirmed overall.

‘UAE leads humanitarian efforts in Gaza, seeks truce’

“Following the outbreak of the crisis between Palestinians and Israelis, the UAE initiated extensive diplomatic efforts at all levels to...
  • UAE rejects Israel's collective punishment policies against Palestinians.
  • The Gulf country calls for a truce and establishment of a Palestinian state.

US vows to hold Houthis ‘accountable’ for deadly strike

The Houthi rebels have been defiantly hitting ships in vital commercial waters in professed solidarity with the Palestinians as Israel...
  • Houthi ship strikes "have not just disrupted international commerce but now tragically killed a number of them," State Department spokesman said
  • Matthew Miller said that US was also encouraging other countries to make clear to the Houthis that "these attacks are irresponsible"

China top diplomat terms war in Gaza a ‘disgrace for civilisation’

The foreign minister said that the catastrophe in Gaza once again reminded the world that "the fact that the Palestinian...
  • Wang Yi said that no reason can justify the continuation of the conflict
  • He also said China supports "full" UN membership for a Palestinian state

Envoys push for Gaza truce before Ramadan begins next week

While negotiators in Cairo tried to surmount tough stumbling blocks, fighting again raged in Gaza where the UN warns famine...
  • US President Joe Biden called on Hamas to accept the truce plan
  • Hamas has insisted on a complete halt to the fighting in Gaza

Bulk carrier hit by missile from Yemen, crew says three dead

An anti-ship ballistic missile struck the Barbados-flagged, Liberian-owned M/V True Confidence, after which its crew reported "three fatalities, at least...
  • The Iran-backed Houthis have been targeting merchant vessels transiting the vital Red Sea trade route for months and have previously hit ships in the area
  • Houthi military spokesman Yahya Saree said on social media that the True Confidence was targeted with multiple missiles "after the ship's crew rejected warning messages."

Israel to start building 3,500 settler homes in occupied West Bank

The administrative step forward comes after Finance Minister Bezalel Smotrich last month vowed to expand settlements, in response to Palestinian...
  • Israeli settlement watchdog Peace Now said there were 3,426 homes advanced through a planning committee, across Maale Adumim and Kedar, east of Jerusalem, and Efrat.
  • Despite opposition abroad, Israel has in recent decades build dozens of settlements across the West Bank, which are illegal under international law.

18 killed in suspected IS attack on Syria truffle hunters: Monitor

Beirut, Lebanon - Gunmen thought to be linked to the Islamic State group in Syria killed 18 people searching for truffles...
  • The gunmen attacked the group with machine guns, said the Britain-based monitoring group with a network of sources inside Syria
  • More than 50 people remained missing after the attack that saw heavy clashes with pro-government forces, the Syrian Observatory for Human Rights said

2023 deadliest year in a decade for migrants, says United Nations

"The 2023 death toll represents a tragic increase of 20 percent compared to 2022, highlighting the urgent need for action...
  • The IOM said that because safe and regular migration pathways remain limited, hundreds of thousands of people attempt to migrate via irregular routes in unsafe conditions.
  • The Mediterranean ocean crossing continues to be the deadliest route for migrants, with at least 3,129 deaths and disappearances registered last year.

BRICS to create blockchain-based payment system: Kremlin aide

Moscow, Russia – BRICS will work to create an independent payment system based on digital currencies and blockchain, Kremlin aide...
  • Ushakov said that the specific task for this year is to increase the role of BRICS in the international monetary and financial system
  • The BRICS group of emerging economies has welcomed 2024 by officially adding five developing nations

Ceasefire talks falter as Hamas, Israel clash over conditions, Gaza sees more destruction and deaths

Hamas accuses Israel of stalling the truce with new demands on troop withdrawal and prisoner release, while Netanyahu’s office counters,...

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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...

Latest batch of device explosions in Lebanon stoking fears of a full-blown war with Israel

A second deadly wave of unprecedented explosions in the strongholds of Lebanon's Hezbollah left it in disarray on Thursday, hours...

Lebanon under attack. Fears of all-out war. 20 killed, 450 injured. Israel blamed and flayed.

A second wave of device explosions killed 20 people and wounded more than 450 in Lebanon on Wednesday, officials said,...

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Israel infiltration in Hezbollah supply chain likely behind pager explosions; 9 dead, 2,800 injured

Lebanon's health minister said nine people were killed and some 2,800 wounded Tuesday when pagers used by Hezbollah members exploded...
  • In neighboring Syria, 14 people were wounded "after pagers used by Hezbollah exploded
  • The blasts "killed nine people, including a girl", minister Firass Abiad said in a casualty update

Israel PM adds war goal of allowing northern residents to return home

Israel's Prime Minister Benjamin Netanyahu on Tuesday expanded the country's goals for the war in Gaza, vowing to allow Israelis...
  • Along Israel's northern border with Lebanon, Hezbollah claimed "dozens" of attacks on Israeli positions on Monday
  • On Tuesday, UN member states will debate a draft resolution demanding an end to the Israeli occupation of all Palestinian territories within 12 months

Israel faces risks of global isolation and losing UN membership over Gaza genocide, say UN experts

Experts from the United Nations have warned that Israel might become a pariah state, and its UN membership is under...
  • UN experts slammed Western countries for their "double standards" regarding Israel
  • "We are blowing up the United Nations if we don't react," warns a UN expert as Israel repeatedly disregards UN observations