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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.

UN warns famine in Gaza almost inevitable unless war changes

The UN and other humanitarian actors have not yet declared a state of famine in Gaza, despite worsening conditions in...
  • "We have to look at what more and more voices, more and more loudly, are saying about the food security situation across the Gaza Strip, in particular in the north," said Laerke.
  • Laerke cited the near-total closure of commercial food imports, the "trickle of trucks" coming in with food aid, and the "massive access constraints" to moving around inside Gaza.

Global criticism of Israel after ‘massacre’ of Gazans lining for food

Global condemnation flowed after Israeli forces in war-ravaged Gaza opened fire as Palestinian civilians scrambled for food aid during a...
  • Iran denounced "the barbaric attack by the Zionist regime", China said it was "shocked", and head of the Arab League said the "brutal" act showed "total contempt for human life".
  • Saudi Arabia strongly condemned what it called the "targeting" of unarmed civilians, while Kuwait and the UAE also issued condemnations.

France calls for ‘independent probe’ into killing of Palestinians receiving aid in Gaza

Paris, France--France wants an independent inquiry into the deaths of scores of Palestinians during an aid delivery in the northern Gaza...
  • French foreign minister said there will have to be an independent probe to determine what happened
  • The foreign minister said that France would not apply "double standards" to the Mideast conflict

UAE and Russia look to deepen parliamentary cooperation

Abu Dhabi, UAE-- The UAE and Russia have held talks to enhance the parliamentary cooperation between the two countries.In this...
  • The meeting between the two addressed the role of parliamentary diplomacy in supporting efforts to promote security and peace in the region
  • The officials also discussed the 10th BRICS Parliamentary Forum, to be held in the city of St. Petersburg, Russia, from 10th to 11th July, 2024

Former US ambassador to plead guilty to spying for Cuba

Rocha additionally faces a lawsuit filed Thursday in Florida by the widow of Cuban dissident Oswaldo Paya. She alleges Rocha...
  • Victor Manuel Rocha, 73, was held in December for what US officials called "one of the highest-reaching and longest-lasting infiltrations of the US government by a foreign agent
  • Rocha, a naturalized US citizen originally from Colombia, allegedly began aiding Havana as a covert agent of Cuba's General Directorate of Intelligence (DGI) in 1981

Split over Gaza and Ukraine, G20 meeting ends in discord

Brazil's Finance Minister Fernando Haddad told a news conference in Sao Paulo that it was "impossible" to reach a final...
  • The group is divided over Gaza, with the US and allies reluctant to condemn Israel
  • A French official insisted that Russia should be named as the aggressor in Ukraine

WTO ministers struggle to forge deals as talks go into overtime

ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...
  • The meeting opened with disagreements between the body's 164 member states on key issues that dominated the agenda of the talks.
  • They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.

Iran launches imaging satellite Pars 1 from Russia

Iran announced the launch of a remote sensing and imaging satellite into orbit from Russia, according to state media. The...
  • Iran’s Telecommunications minister said "Pars-I" was "fully domestically developed" in his country.
  • In August 2022, Russia launched Iran's remote-sensing Khayyam satellite into orbit from Kazakhstan.

Kurd authorities say Turkish strikes kill two PKK members

Arbil, Iraq - A Turkish drone strike in northwestern Iraq killed two members of a group affiliated to Turkey's outlawed Kurdistan...
  • The fighters were members of the Sinjar Resistance Units, a group founded among the district's Yazidi community in response to occupation by the IS group
  • There was no immediate word from the Turkish military, which has conducted deadly strikes against PKK targets in Iraq and neighboring Syria previously

Israeli troops ‘massacre’ 104 Palestinians at aid distribution point

More than 750 others were injured after Israeli soldiers opened fire on civilians gathered at an aid distribution point in...
  • Earlier, the health ministry in Gaza said children have died "due to malnutrition, dehydration and widespread famine" at Al-Shifa hospital.
  • The United Nations humanitarian agency OCHA described the food security situation as "extremely critical across Gaza, particularly in northern Gaza."

Post-Assad Syria seeks peace; Erdogan pushes anti-terror agenda, US warns on Kurdish conflict

Barbara Leaf, Washington's top diplomat for the Middle East, told Syria's new leader Ahmed al-Sharaa of the "critical need to...

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UN chief says six colleagues killed in Israel strike on Gaza school

United Nations Secretary-General Antonio Guterres said late Wednesday that Israeli air strikes on a school-turned-shelter in Gaza killed six staffers...

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...

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...

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Israeli army orders new evacuation in northwest Gaza

The vast majority of Gaza's 2.4 million people have been displaced at least once during more than 11 months of...
  • Israel has issued numerous evacuation orders during its war against Gaza rulers Hamas
  • The evacuation orders have covered most of Gaza's territory, according to the UN

Jordanians to vote amid woes over economy and Gaza war

Jordanians will head to the polls on Tuesday to vote for a new parliament amid widespread frustrations over a lagging...
  • A Jordanian killed three Israeli guards at the border crossing between Jordan and the occupied West Bank
  • Public debt is approaching $50 billion and unemployment reached 21 percent in Q1

Israel’s Gantz says military focus needs to shift to Lebanon

"We have enough forces to deal with Gaza and we should concentrate on what is going on in the north,"...
  • Israel and Iran-backed Hizbollah have been trading near-daily cross-border fire, with the Lebanese militant group saying it is acting in support of its Palestinian ally Hamas
  • Gantz said Israel had made a mistake in evacuating much of the north of the country as hostilities with Hizbollah flared following the October 7 Hamas attack