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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.

Qatar says hopeful for Gaza truce before month of Ramadan

Doha, Qatar - Qatar is "hopeful" of a Gaza war ceasefire and is pushing for an agreement before Ramadan, its foreign...
  • Egyptian, Qatari and US mediators met in Doha for talks also attended by Israeli and Hamas representatives.
  • Qatar has been a key mediator in negotiations involving the Palestinian fighters, Israel, the United States and Egypt.

Israeli troops kill 3 Palestinians in West Bank’s refugee camp

Tubas, Palestinian Territories - Israeli troops killed three Palestinians in an overnight raid in a refugee camp in the occupied West...
  • The Palestinian health ministry in Ramallah said the three men were killed "by Israeli occupation bullets" during clashes in the Faraa refugee camp.
  • One of the three men killed was a fighter, a Palestinian official said, while the other two were civilians "in their homes and were killed by snipers deployed in the camp".

Zelenskyy in Saudi Arabia to discuss war; meets Mohammed bin Salman

RIYADH, SAUDI ARABIA - President of Ukraine Volodymyr Zelenskyy and his accompanying delegation arrived here on Tuesday.The Ukrainian President was...
  • At the Royal Terminal in King Khalid International Airport, Zelenskyy was received by the Deputy Governor of Riyadh Region and other senior officials.
  • The 10th Saudi relief plane operated by King Salman Humanitarian Aid and Relief Center (KSrelief) reached a Polish airport, close to the Ukrainian border.

UAE announces US$2,722 penalty for late corporate tax registration

ABU DHABI, UAE – The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024...
  • A penalty of US$2,722 (AED10,000) will be imposed on businesses that do not submit their Corporate Tax registration applications on time.
  • The penalty was implemented to prompt taxpayer compliance with laws through timely corporate tax registration.

France says ‘nothing ruled out’ to thwart Russia in Ukraine

French Prime Minister Gabriel Attal told the RTL broadcaster that there was "no consensus" on any "official" deployment of ground...
  • Speaking a day after President Emmanuel Macron said that sending Western ground troops was not excluded, prime minister Attal said that "you can't rule anything out in a war."
  • Macron, after hosting a meeting of two dozen European leaders to discuss Ukraine, on Monday painted a grim picture of a Russia whose positions he said were "hardening."

Hizbollah fires new barrage of rockets at Israeli air base

Beirut, Lebanon--Lebanon's Hizbollah said it launched a salvo of rockets at an Israeli air control base on Tuesday in retaliation for...
  • The Lebanese armed group said it targeted the "Meron air control base... with a large salvo of rockets from several launchers"
  • Hizbollah's rocket assault was sparked off after Israel struck Hizbollah targets near the city of Baalbek, killing two of its fighters

US welcomes Palestinian Authority reform after PM quits

The Palestinian leadership has been divided since 2007, with the Palestinian Authority exercising limited power in the West Bank. Blinken...
  • "We do welcome steps for the PA to reform and revitalize itself," State Department spokesman Matthew Miller told reporters, using the Palestinian Authority's initials
  • State Department spokesman declined to comment directly on the resignation of prime minister Mohammad Shtayyeh, saying it was an internal matter for Palestinians

US targets Houthi vessels, missiles in latest attack

Yemen's Houthis have been targeting shipping for months and their attacks have persisted despite repeated US and British strikes aimed...
  • US forces destroyed surface vessels, anti-ship cruise missiles, and an aerial vehicle
  • Over the weekend, US and British forces carried out strikes against 18 Houthi targets

Gaza ceasefire could start by next Monday: Joe Biden

A deal between Hamas and Israel could include the exchange of dozens of hostages for several hundred Palestinian civilians held...
  • Biden said in New York that "we're close, we're close, we're not done yet"
  • An unnamed Israeli official told news site Ynet the "direction (of the talks) is positive"

Hizbollah fires rockets after deadly Israeli strikes on east Lebanon

Hizbollah announced several other attacks on Israeli sites and troops on Monday, with local media also reporting Israeli strikes on...
  • The Israeli army told AFP that "dozens of rockets" had been launched from Lebanon but there were no immediate reports of casualties
  • Earlier Israel targeted Hizbollah "aerial defence" sites in retaliation for the group's downing one of its drones in south Lebanon

UN urges ‘free and fair’ elections in Syria post-Assad ouster amid ongoing challenges

Turkey's Foreign Minister warned Syria's new government to address Kurdish militancy, signaling potential intervention if unresolved with tensions rising with...

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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,"...

Hamas urges US pressure on Israel over Gaza truce

Palestinian Territories - Hamas called on the United States Thursday to "exert real pressure" on Israel to reach a Gaza...

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

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Two ships hit off rebel-held Yemeni region: maritime agencies

The Houthis said in a statement they had targeted the Blue Lagoon with "missiles and drones, and it was directly...
  • One attack was claimed by Yemen's Iran-backed Houthi rebels who have targeted ships they say are linked to Israel
  • The Joint Maritime Information Center (JMIC) said the first vessel, identified as Panama-flagged tanker Blue Lagoon I, was hit by two ballistic missiles

Israel set for general strike after Gaza hostages found dead

A nationwide strike aimed at ramping up pressure on Israel's government to secure the release of the remaining hostages in...
  • Of the 251 hostages seized during Hamas's October 7 attack on Israel, 97 remain captive
  • At least 637 Palestinians have been killed in the West Bank by Israeli troops

Yemen’s Houthis blew up stranded oil tanker: video

Rebel chief Abdul Malik al-Houthi on Thursday said his forces had "stormed" the tanker earlier this week. He added in...
  • The group's leader said the operation took place earlier this week. Since then, the rebels have agreed to allow rescue teams to access the ship
  • A video shared on the rebels' media outlets showed masked men planting explosives on the vessel and then detonating them, causing several fires on board