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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.

Israeli strike on MSF shelter in Gaza kills two

According to MSF, the attack killed the daughter-in-law and wife of one of their colleagues, and wounded six people, including...
  • Israeli troops fired at the building, which was clearly marked with the MSF logo
  • The charity said Israeli forces had been informed of the precise location" of the MSF shelter

Israeli air attack kills two in Damascus, says state media

An Israeli strike on a residential area of Damascus killed at least two people, Syrian state media reported, the latest...
  • The Syrian Observatory for Human Rights, a Britain-based war monitor, said that "a Syrian civilian" was killed as well as two foreign nationals.
  • An AFP photographer said the strike hit a nine-storey building, with damage centered around the fourth floor and the exterior of building partially blackened.

Israelis unsure of ‘absolute victory’ in Gaza, finds poll

Jerusalem - Despite Prime Minister Benjamin Netanyahu's insistence the Gaza war will end with Israel achieving "absolute victory", a majority...
  • The Israel Democracy Institute think tank said only 38.3 percent of Israelis polled believed there was a "very high" or "fairly high" likelihood of an "absolute victory" in war.
  • Some 55.3 percent of respondents conversely said there was a "fairly low" or "very low likelihood" of such an outcome. Just over six percent of the 612 respondents were undecided.

As truce talks resume in Cairo, people in Gaza suffer from hunger

Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...
  • Combat and chaos again stalled the sporadic aid deliveries for desperate civilians in Gaza.
  • The UN World Food Program said it was forced to halt aid deliveries in north Gaza because of "complete chaos and violence".

US urges UN court not to order Israel out of Palestinian lands

The International Court of Justice is holding a week of hearings after a request from the UN, with an unprecedented...
  • "The court should not find that Israel is legally obligated to immediately and unconditionally withdraw from occupied territory," said Richard Visek, US State Department advisor.
  • "Any movement towards Israel withdrawal from the West Bank and Gaza requires consideration of Israel's very real security needs," he argued

Europe’s gas demand at 10-year low, to peak in 2025: report

The invasion of Ukraine by Russia triggered a massive shift by European nations away from Russian natural gas delivered by...
  • IEEFA said that European gas demand has declined by 20% since the start of the Russian invasion
  • IEEFA noted that rush to build LNG terminals was continuing despite imports holding steady

Iran oil minister blames Israel for gas pipeline sabotage

Tehran, Iran--Iran said Wednesday that Israel was behind twin sabotage attacks against gas pipelines that disrupted supplies in at least...
  • The explosions on February 14 hit pipelines in the cities of Safashahr in the southern province of Fars and Borujen in the southwestern province of Chaharmahal and Bakhtiari.
  • The Islamic republic's oil minister Javad Owji told reporters after a cabinet meeting in Tehran that "the explosion of the country's gas lines was the work of Israel"

London court rejects suspending arms exports to Israel

Britain's strategic licensing criteria states that weapons should not be exported when there is a clear risk they could be...
  • A coalition of legal advocacy groups had asked the High Court in January to expedite a judicial review of UK government's decision to keep selling arms to Israel
  • But the court ruled against the measure, the lawyers said in a statement to AFP on Tuesday, adding that they would appeal the decision

Pentagon confirms Houthis shot down drone off Yemen

The downing of the drone came the same day that the Houthi rebels targeted two US-owned merchant vessels as they...
  • A Pentagon official said the drone was shot down by a Houthi surface-to-air missile
  • The Houthis that they had targeted "two American ships in the Gulf of Aden"

Dutch court upholds $50bn payment award in Yukos case

THE HAGUE, NETHERLANDS -  A Dutch court quashed an appeal by Russia in a record $50-billion case on Tuesday, paving the...
  • The Amsterdam Appeals Court turned down a claim by Moscow that shareholders had "committed fraud" during the arbitration process.
  • In 2014 the international Permanent Court of Arbitration (PCA) in The Hague ruled in favor of shareholders,

Nations step up outreach to Syria’s post-Assad rulers

Governments worldwide are stepping up efforts to engage with Syria's new interim rulers, just over a week after Islamist-led rebels...

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India’s Modi urges peace ahead of historic Ukraine visit

"It is India's strong belief that no problem can be resolved on a battlefield," Modi said in Poland, a staunch...

Israel kills top Palestinian militant as Gaza truce talks stumble

The Israeli military killed a senior Palestinian militant in Lebanon on Wednesday, leading to accusations from the Fatah movement that...

Iran probe finds Raisi helicopter crash caused by weather: media

Iran's army in May similarly said it had found no evidence of criminal activity in the crash that also killed...

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US says Iran responsible for Trump campaign hack

The statement from the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the...
  • Trump's campaign said on August 10 that it had been hacked, blaming "foreign sources" for distributing internal communications and a dossier on running mate J.D. Vance
  • Trump's campaign implied Iran was behind the move as news outlet Politico reported it had received emails with campaign material from a source who refused to identify themselves

Blinken says Israel backs US proposal in ‘last’ chance for Gaza truce

Blinken, on his ninth visit to the Middle East since Hamas's October 7 attack triggered the war with Israel, said...
  • Ahead of those talks, Hamas called on mediators to implement a framework outlined in late May by US President Joe Biden, rather than hold more negotiations
  • The movement on Sunday said the bridging proposal "responds to Netanyahu's conditions" and leaves him "fully responsible for thwarting the efforts of the mediators."

Blinken in Israel as under-pressure Netanyahu blames ‘obstinate’ Hamas

Making his ninth trip to the Middle East since the Gaza war began when Hamas attacked Israel in October, the...
  • Ahead of Blinken's visit, the foreign ministers of Britain and France were on Friday also in Israel to stress the urgency of a Gaza deal
  • Ahead of the truce talks in Doha last Thursday and Friday, Hamas called on mediators to implement the Biden framework rather than holding more negotiations