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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.

Conservatives tipped to win in Iranian elections as counting begins

Tehran, Iran - Iran began counting ballots on Saturday after a vote for parliament and a key clerical body, with local...
  • State TV reported early Saturday the "start of vote counting" after polling stations closed at midnight.
  • The present parliament is dominated by conservatives and ultra-conservatives

Three Hizbollah fighters killed in Israeli strikes on Lebanon

An Israeli strike on a car in south Lebanon killed three Hizbollah fighters, a security source said, the latest in...
  • Lebanon's state-run National News Agency reported that "an enemy drone targeted a car this morning on the road to Naqura".
  • The cross-border violence has raised fears of all-out conflict between Hizbollah and Israel, which last went to war in 2006.

AU head seeks probe into massacre of Gazans waiting for aid

Nairobi, Kenya - African Union chief Moussa Faki Mahamat on Saturday accused Israel of "the mass killing of Palestinians" and urged...
  • "Mahamat strongly condemns an attack by Israeli forces, that killed and wounded more than 100 Palestinians seeking life-saving humanitarian aid," the bloc said.
  • "The Chairperson calls for an international investigation into the incident to bring the perpetrators to account," the statement by the African Union said.

Gaza officials report 4 more child malnutrition deaths

Global attention turned to the dire humanitarian conditions in Gaza on Thursday, when the health ministry said more than 100...
  • Gaza health ministry spokesman Ashraf al-Qudra said in a statement, noting that the number of child "malnutrition and dehydration" deaths now totaled 10
  • Earlier Friday, a spokesman for the UN humanitarian agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza

US forces destroy Houthi surface-to-air missile: CENTCOM

The Iran-backed Houthis, who control much of war-torn Yemen, have been attacking shipping in the Red Sea since November in...
  • On Friday afternoon, US "forces conducted a self-defense strike against one Houthi surface-to-air missile that was prepared to launch," CENTCOM said
  • The United States is spearheading a naval coalition to protect vessels in the vital waterway, and has conducted air strikes in Houthi territory, alongside Britain

Biden announces US aid air drops in Gaza

Biden had been planning air drops for some time but Thursday's incident "certainly underscored for the president" the need to...
  • US president said that he would "insist" that Israel let in more aid trucks, while it would also look at a possible "marine corridor" to deliver large amounts of aid into Gaza
  • Biden said later he was "hoping" for a deal on a six-week ceasefire by the Muslim holy month of Ramadan, which will start on March 10 or 11, depending on the lunar calendar

OIC to hold extraordinary meeting on Israeli aggression on March 5

Jeddah, Saudi Arabia - The Organization of Islamic Cooperation (OIC) will hold an extraordinary meeting of its Council of Foreign...
  • OIC Secretary-General Hissein Brahim Taha is expected to address the opening session, which will be preceded by a preparatory senior officials' meeting
  • On October 11, 2023, Saudi Arabia hosted the extraordinary Joint Arab and Islamic Summit in Riyadh, organized by the OIC and the Arab League

EU queries Meta about ad-free subscriptions, shadow banning

BRUSSELS, BELGIUM - The EU on Friday used new regulatory powers to query Meta about ad-free subscriptions to Facebook and Instagram as...
  • The European Commission made a request for information under the mammoth content moderation law known as the Digital Services Act (DSA).
  • The EU has launched probes under the DSA to quiz platforms on how they are addressing concerns from consumer protection to children's activity online.

Hamas says Israeli military action kills 7 hostages in Gaza

Hamas said that seven more hostages seized during its unprecedented attack on southern Israel on October 7 had died because...
  • Hamas seized around 250 Israelis and foreigners during the October 7 attack on southern Israel.
  • A spokesman for the UN agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza.

Leftist Galloway wins MP seat in UK amid anti-Semitism allegations

London, UK- Controversial left-wing firebrand George Galloway was elected to the UK parliament on Friday after tapping into anger over the...
  • Galloway, 69, first became an MP in 1987 and will return to the House of Commons for the first time since 2015 after winning the seat of Rochdale.
  • Galloway put the Gaza conflict front and center of his campaign in Rochdale, north of England, which has a 30 percent Muslim population.

Netanyahu tells Israel parliament ‘some progress’ on Gaza hostage deal, defence minister admits to killing Haniyeh

In an interview with The Wall Street Journal last week, Netanyahu said, however, said he was not going to agree...

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North Korea shows first photos of banned uranium enrichment site

North Korea for the first time showed images of the centrifuges that produce fuel for its nuclear bombs on Friday,...

US releases $1.3 billion in military aid to Egypt

The United States, Egypt and Qatar are parties to the negotiations for the release of the hostages held by Hamas...

EU’s top diplomat urges de-escalation at Lebanon-Israel border

As war has raged in the Gaza Strip following Hamas's October 7 attack on Israel, Lebanon's Hezbollah has traded near-daily...

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Israel strike on Lebanon kills Hezbollah commander

Mohammad Qassem al-Shaer, "a field commander" in the group's elite Radwan Force, "was targeted in an Israeli strike on a...
  • Hezbollah earlier announced Shaer had been killed by Israeli fire, but did not refer to him as a commander
  • The Israeli military said its air force had "eliminated the terrorist Mohammad Qassem al-Shaer" in the Bekaa Valley

Oil tanker ablaze off Yemen threatens environmental disaster

An abandoned tanker carrying more than one million barrels of crude oil could contaminate vast areas of the Red Sea...
  • Threatening an oil spill four times the size of the 1989 Exxon Valdez disaster off Alaska
  • An attempt by private companies to tow away the burning ship was abandoned because it was "not safe"

Gaza agency says Israeli strike kills 40 in humanitarian zone

Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred"...
  • The strike hit Al-Mawasi - in Gaza's main southern city of Khan Yunis - which was designated a safe zone by the Israeli military early in the war
  • Israel's military has occasionally carried out operations in and around the area, including a strike in July that it said killed Hamas military chief Mohammed Deif