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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.

Trump notches up another win in race for Republican nomination

Trump completed a sweep of the first four major nominating contests, converting a year of blockbuster polls into a likely...
  • US president Joe Biden reacted to the South Carolina result with a brief written statement warning Americans of "the threat Donald Trump poses to US future"
  • Trump had won Iowa by 30 points and New Hampshire by 10, while a dispute in Nevada led to the real estate tycoon running unopposed in the first official contest in western US

G7 vows more Russia sanctions after virtual talks on Ukraine

In a statement after the meeting, which Ukrainian President Volodymyr Zelensky also attended, the leaders vowed to "raise the cost"...
  • G7 expressed concern about the transfer by Chinese businesses of weapon components
  • The group demanded that Russia "fully clarify the circumstances" around the death of Alexei Navalny

US and UK launch fresh strikes against Houthis

The new wave of strikes "specifically targeted 18 Houthi targets across eight locations in Yemen" including weapons storage facilities, attack...
  • The US also carried out unilateral strikes against Houthi positions and weaponry in Yemen
  • The operation comes after several merchant vessels were struck this week in the region

Israeli negotiators to arrive in Qatar for hostage talks

According to local media reports, the country's war cabinet endorsed the decision to dispatch negotiators to Qatar to continue talks...
  • A top Israeli official said there is room to "move toward an agreement"
  • Nearly 250 hostages were taken by Hamas fighters, of whom 130 are still in Gaza

Jordan, Oman chambers eye enhancing trade ties, cooperation

AMMAN, JORDAN – Jordan Chamber of Commerce (JCC) and Oman Chamber of Commerce and Industry on Saturday discussed enhanced cooperation...
  • Participants stressed the need to seize economic opportunities in Jordan and Oman. .
  • The two sides agreed to forge robust commercial relations and remove hindrances.

British lawmaker suspended over ‘Islamophobic’ comments

London, UK - Britain's ruling Conservatives on Saturday suspended their former deputy chairman from the parliamentary party, after he refused to...
  • Pressure had been growing on Prime Minister Rishi Sunak's Tories to act following lawmaker Lee Anderson's contentious remarks.
  • On the right-wing GB News channel, Anderson claimed Islamists had "got control" of Khan, who was the first Muslim mayor of London.

UAE to provide US$10m grant to support WTO initiatives, says foreign minister

ABU DHABI, UAE – Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan has announced that the UAE...
  • Sheikh Abdullah bin Zayed expressed pride that the UAE is hosting the WTO’s MC13, the organization’s highest decision-making body, from February 26-29.
  • He welcomed all leaders and representatives of the 166 member states to Abu Dhabi for crucial negotiations on key trade issues and discussions.

Gazans suffer from hunger, displacement as war rages

Palestinian Territories - At the Jabalia refugee camp in northern Gaza, Abu Gibril was so desperate for food to feed...
  • The World Food Program said its teams reported "unprecedented levels of desperation" while the UN warned that 2.2 million people were on the brink of famine.
  • On Friday, the health ministry in Hamas-run Gaza said a two-month-old baby died of malnutrition in hospital in Gaza City, seven kilometers away from Jabalia.

Israeli strikes kill dozens in Gaza as truce talks continue in Paris

The negotiations come after a plan for a post-war Gaza unveiled by Israeli Prime Minister Benjamin Netanyahu drew criticism from...
  • Hamas said on Saturday morning that Israeli forces had launched over 70 strikes on civilian homes in Deir al-Balah, Khan Yunis and Rafah.
  • An Israeli air strike on Friday destroyed the Gaza home of well-known Palestinian comedian Mahmoud Zuaiter, killing at least 23 people.

NORAD fighters intercept high-altitude balloon over US

WASHINGTON, US – A small balloon floating at a high altitude over the US state of Utah was intercepted by fighter...
  • The US Federal Aviation Administration (FAA) "also determined the balloon posed no hazard to flight safety," according to NORAD.
  • An unnamed US official told CBS News the balloon had a cube-shaped box about two feet long on each side hanging below it.

UN envoy warns Syria conflict persists as rebels seek international ties post-Assad ouster

The UN migration chief expressed concerns about large-scale refugee returns destabilizing Syria further, particularly affecting religious minorities who fled violence...

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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...

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...

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...

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Egypt says will not accept Israeli force on its Gaza border: state-linked media

Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...
  • A key sticking point in the ceasefire talks have been calls for Israel to withdraw its forces from the border area, including the Rafah crossing
  • Israeli forces seized the Palestinian side of the Rafah crossing in early May, a move that has cut off a crucial aid route and drawn repeated condemnation from Egypt

Israel strikes Lebanon, says thwarted large-scale Hizbollah attack

The result was perhaps the biggest exchange of fire in 10 months of a war which began with a Hamas...
  • Hizbollah, the powerful Iran-backed Lebanese armed group, denied that thousands of launchers had been destroyed or that Israel had thwarted a larger attack
  • Israeli Prime Minister Benjamin Netanyahu told his cabinet the strikes were "not the final word" in the campaign against Hizbollah

Israeli defence minister declares 48-hour state of emergency

"The declaration on the state of emergency enables the IDF (Israeli military) to issue instructions to the citizens of Israel,...
  • "I hereby declare a special situation on the home front in other areas of the country. The situation is valid for 48 hours starting at 6:00 am," Gallant said
  • In a separate statement, the defence ministry said Gallant briefed US Secretary of Defence Lloyd Austin on the overall situation