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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.

Two Hizbollah members killed by Israeli strike in Lebanon

Baalbek, Lebanon - Israeli strikes near the Hizbollah-dominated city of Baalbek killed two group members on Monday, two security sources told...
  • "Two Hizbollah members were killed in the Israeli strikes near Baalbek," a security official told AFP, with another security source also confirming the toll
  • Earlier Monday, one of the sources had told AFP that "an Israeli strike hit a building housing a Hizbollah civilian institution" in a Baalbek suburb

Palestinian PM resigns over ‘Gaza aggression, West Bank escalation’

The resignation of the government in the West Bank comes as several countries, including the United States, have called for...
  • He called for inter-Palestinian consensus and the "extension of the (Palestinian) Authority's rule over the entire land of Palestine".
  • "We will remain in confrontation with the occupation ... and will continue to struggle to establish a state on the lands of Palestine," he said.

Yemen rebels announce first civilian death in US-UK strikes

The Houthis, who control war-torn Yemen's most populated areas, have previously reported the death of 17 of their fighters in...
  • One person was killed and eight wounded, the Houthis' official news agency said late on Sunday, a day after US and British forces said they fired on 18 targets across the country
  • US-British strikes were in response to dozens of Houthi drone and missile attacks on Red Sea shipping since November, which the rebels say are in solidarity with Palestinians

Attack on Rafah would be ‘nail in coffin’ of Gaza aid: UN chief

Speaking before the UN Human Rights Council in Geneva, Antonio Guterres said that Gaza's southernmost city, where more than 1.4...
  • UN chief lamented that despite his urgent calls for the UN Security Council to take all measures to "end the bloodshed in Gaza and prevent escalation", it had failed to act
  • The comments of UN chief came after Netanyahu on Sunday reiterated that his country was intent on a ground invasion in Rafah, in its bid for "total victory" over Hamas

Qatar ruler to arrive in Paris for discussions on Gaza

The gas-rich country has emerged as the key player in mediation between Israel and Hamas to agree a truce in...
  • It will be his first state visit to France since he became emir of the hugely influential emirate in 2013
  • The discussions between the two leaders will focus on "ongoing efforts to obtain a ceasefire in Gaza"

US airman dead after self-immolating outside Israeli embassy

The shocking act was an escalation of recent protests across the United States against Israel's actions in Gaza. Washington last...
  • US media reported that the man livestreamed himself on Twitch, wearing fatigues and declaring he will "not be complicit in genocide" before dousing himself in liquid
  • The man lit himself on fire while yelling "Free Palestine!" until he fell on the ground, he was transported to hospital with "critical life threatening injuries", officials said

Gaza deal won’t affect Israel’s Hizbollah fight: Gallant

Negotiations have been underway to strike a possible deal for Hamas to release hostages and pause the fighting in the...
  • Gallant said he would assess how Israel was combating increased Hizbollah activity
  • 10 Israeli soldiers and six civilians have been killed in the north since October 7

WTO launches US$50m fund for women entrepreneurs in developing countries

ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund...
  • The director general of WTO said the "ground-breaking initiative... embodies our collective commitment to empower women".
  • The fund will help businesses run by women in developing countries to adopt digital technologies and increase their online presence.

Body of Israeli soldier killed in Hamas attack held in Gaza, say campaigners

JERUSALEM - An Israeli soldier seized by Hamas fighters during their October 7 attack was killed the same day and...
  • During the October 7 attack, Palestinian fighters abducted around 250 Israelis and foreigners to the Gaza Strip.
  • Around 130 are still held captive there. This includes 31 who are believed dead, among them six soldiers.

Hawkish economic approach on China has bipartisan support in US, say analysts

WASHINGTON, US  - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards...
  • Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher.
  • Biden has largely maintained Trump-era tariffs, rolled out export control restrictions to curtail China's ability to buy and make certain high-end chips.

UN envoy warns Syria conflict not over yet

United Nations' special envoy for Syria, Geir Pedersen, referring to fighting between the US-backed, Kurdish-led Syrian Democratic Forces (SDF) and...

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Pressure piles on Israel’s Netanyahu over Gaza

Israeli Prime Minister Benjamin Netanyahu faces mounting international and domestic pressure after the killing in Gaza of six captives, with...

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...

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...

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Yemen’s Houthis agree to temporary truce to secure stranded oil tanker

The vessel had departed from Iraq and was destined for a port near Athens, carrying 150,000 metric tons of crude...
  • The Greek-owned Sounion was hit by the Tehran-backed group off the coast of Hodeida last week, sparking fires and the evacuation of its crew
  • In a statement, the Houthis previously said the Sounion "belongs to a company that has ties with the Israeli enemy" and was "accurately and directly hit" with drones and missiles

Turkey, Azerbaijan hope for ‘lasting peace’ in South Caucasus

Years of diplomacy between the Caucasus rivals Azerbaijan and Armenia had failed to reach a breakthrough, but negotiations have resumed...
  • Top diplomats from Turkey and Azerbaijan held talks in the capital Ankara on several sticking issues including ongoing peace negotiations between Baku and Yerevan
  • The Caucasus rivals fought two wars -- in the 1990s and in 2020 -- over control of Nagorno-Karabakh, which had been predominantly populated by ethnic Armenians

Iran former top diplomat Zarif returns to VP post

"After the follow-ups and consultations conducted by the president and with his written order, I will continue to exercise my...
  • Pezeshkian named Zarif as his vice president for strategic affairs on August 1, but the former top diplomat resigned less than two weeks later
  • Conservatives in Iran have criticised Pezeshkian for choosing Zarif, who became known for his vital role in negotiating the landmark 2015 nuclear deal