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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.

A royal decree dissolves Kuwait parliament as political wrangling persists

Kuwait City, Kuwait--Kuwait dissolved parliament on Thursday after a protracted stalemate between cabinet ministers and lawmakers dragged on despite the accession...
  • According to KUNA, the official news agency, a "royal decree was issued to dissolve the national assembly" elected in June of 2023
  • The royal decree came after ministers boycotted a parliamentary session on Wednesday, objecting to a speech delivered by a lawmaker

Iran, Armenia eye $3 billion bilateral trade volume

Tehran, Iran – Deputy Prime Minister of Armenia Mher Grigoryan on Thursday said that Iran and Armenia have the potential...
  • Grigoryan made the remarks during the 18th meeting of the Iran-Armenia Joint Economic Commission where he also described Iran as “a very important partner.”
  • The 18th meeting of the Iran-Armenia Joint Economic Commission was held on February 14-15 in Tehran to further foster economic ties between the two countries

Israel faces fresh US calls against attack on Rafah

Palestinian Territories - Israel faced renewed calls from key ally the United States on Friday against launching a large-scale attack...
  • Israeli Prime Minister Benjamin Netanyahu has insisted he would push ahead with a "powerful" operation in the overcrowded city to achieve "complete victory" over the Hamas
  • The White House said US President Joe Biden had spoken by phone with Netanyahu late Thursday, urging him not to carry out an attack on Rafah without a plan to keep civilians safe

In Egypt, Brazil’s president denounces Israel’s Gaza war

Speaking before an Arab League meeting in Cairo, President Luiz Inacio Lula da Silva, on his second trip to Egypt...
  • The Brazilian leader said in the speech "stop the collective punishment"
  • Lula, in November, accused Israel of committing the "equivalent of terrorism" in Gaza

Israel PM spurns global recognition of a Palestinian state

In a post in Hebrew on social media platform X, Israel's Prime Minister Benjamin Netanyahu said that the Jewish country...
  • His comments follow a similar rejection by far-right ministers Itamar Ben-Gvir
  • The Washington Post reported that the US and Arab diplomats were working on a plan for peace

Record number of West Bank outposts set up in 2023, says Israel NGO

Jerusalem - Israeli settlers established a record number of wildcat outposts in the occupied West Bank in 2023, a watchdog...
  • Twenty-six settlements not recognized by the Israeli government were established last year, including around 10 since the war in the Gaza Strip broke out.
  • Peace Now said 2023 saw the highest number of wildcat outposts -- those established without the approval of the Israeli authorities -- since it began in 1996.

Indian PM Modi seeks enhancing of ties in Qatar visit

Doha, Qatar - Indian Prime Minister Narendra Modi on Thursday committed to strengthening ties with Qatar during his first visit to...
  • The visit follows the release earlier this month of eight Indian ex-navy personnel arrested by Qatar and sentenced to death, according to India's foreign ministry.
  • The premier also thanked Sheikh Tamim bin Hamad Al-Thani for hosting the 800,000-strong Indian community in the tiny Gulf state.

Hizbollah commander among 10 dead in Israeli strike on Lebanon

BEIRUT, LEBANON -  A Hizbollah commander, two other fighters and seven civilians were killed in an Israeli strike in south Lebanon,...
  • The same Hizbollah commander had previously been targeted and wounded in an Israeli strike in the southern Lebanon town of Nabatiyeh a week earlier.
  • Ali al-Debs and the other two fighters were killed Wednesday night by an IDF aircraft on a Hizbollah military structure in Nabat, the Israeli military said.

Tunisia gets new central bank chief amid economic crisis

TUNIS, TUNISIA -  President Kais Saied on Thursday appointed a new governor of the central bank of Tunisia, a north African...
  • Fethi Zouhair Nouri, a 69-year-old member of the central bank's board, will succeed 64-year-old Marouane Abassi.
  • Tunisia has grappled with a growing economic crisis following the COVID-19 pandemic, political tensions.

99 journalists killed in 2023, 72 in Israel-Hamas war alone

"The immense loss suffered by Palestinian journalists in this war will have long-term impacts for journalism not just in the...
  • The 72 journalists killed in the Israel-Hamas conflict also include three Lebanese and two Israeli victims, the organization said
  • Killings of reporters would have dropped globally year-on-year had it not been for the deaths in Gaza, Israel and Lebanon, the CPJ said

54 journalists killed in 2024, a third by Israel: media group

Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in 2024, a third of...

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Israel PM and defence minister clash over Gaza hostage deal

"When Gallant adopts the anti-Israel narrative, he harms the chances of reaching a hostage release deal," Netanyahu said, adding that...

Fitch lowers Israel’s credit rating amid economic strain from Gaza conflict

San Francisco, United States - US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict...

West tells Iran to ‘stand down’ Israel attack threats; Tehran says ‘no way’

With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...

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US orders carrier group to hasten Middle East arrival

He said Austin, who spoke with his Israeli counterpart Yoav Gallant on Sunday, had also ordered the USS Georgia guided missile...
  • US Defence Secretary Austin ordered the aircraft carrier strike group led by the USS Abraham Lincoln, and equipped with F-35 fighters, to "accelerate its transit" to the region
  • The United States announced last week that it was deploying the strike group, as well as additional ballistic missile defense-capable cruisers and destroyers

Israel faces anger over Gaza school strike rescuers say killed 93

Mahmud Bassal, spokesman for the civil defence agency, said 11 children and six women were among the 93 who died...
  • The bombardment of Al-Tabieen religious school and mosque drew criticism from across the Middle East and beyond alongside calls for a ceasefire
  • Civil defence rescuers in the Hamas-ruled territory said three Israeli missiles hit the complex in Gaza City while people were performing dawn prayers

Hamas names Sinwar new chief as region braces for Iran retaliation against Israel

Iran blames Haniyeh's death on Israel and has vowed to avenge him, while Hamas's Lebanese ally Hizbollah has also pledged...
  • The announcement came with the Middle East on edge as it awaited Iran's retaliation over the killing of Haniyeh in Tehran
  • Sinwar, who has been Hamas's leader in Gaza since 2017 - with Haniyeh living in Qatar - has not been seen since the October 7 attack