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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.

Saudi Arabia’s Madinah, KAEC, Al-Ahsa join UNESCO global network of learning cities

RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization has announced that the cities of Madinah, King...
  • Saudi Arabia now boasts five cities enlisted in the UNESCO GNLC, contributing to the goal of equipping globally competitive citizens.
  • Previously, Yanbu Industrial City was designated as a UNESCO Learning City in 2022 and Jubail Industrial City earned the Learning City status in 2020.

Six crew members missing after cargo ship sinks in Marmara sea

The transport ministry said an empty life boat was found during the search. "The rescue operation continues to find six...
  • The Batuhan A, which was bringing dry cargo from Balıkesir's Marmara Island to Bursa, sank off Imrali island, south of Istanbul
  • Bursa governor Mahmut Demirtas said authorities received an "emergency" signal from the vessel but then lost contact

India PM inaugurates grand temple in Abu Dhabi

According to the UAE authorities, the grand temple carved from pink stone spreads over an area of 55,000 square metres...
  • The temple is in Abu Mureikha, near the motorway to the neighbouring emirate of Dubai
  • Modi met UAE president Sheikh Mohamed bin Zayed Al Nahyan on Tuesday

Putin says prefers more ‘predictable’ Biden over Trump

Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and...
  • Putin batted away questions about Biden's age and health, with the president set to turn 82 just weeks after the election
  • Trump reacted to Putin's comments at a rally in South Carolina on Wednesday evening, praising them as "a great compliment."

Two children among four Lebanese killed in Israeli strikes

"A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...
  • The Israeli military said Wednesday its fighter jets "began a series of strikes in Lebanon", raising fears of a war between the two countries after months of cross-border violence.
  • The strikes came hours after unclaimed rocket fire from Lebanon wounded seven people in northern Israel, five of them in the town of Safed, medics said.

Erdogan’s Egypt visit aimed at rapprochement with al-Sisi

Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...
  • Erdogan will discuss with Egyptian president "every effort" to stop the "bloodshed" in Gaza
  • He has emerged as one of the Muslim world's harshest critics of Israel's war against Gaza

Saboteurs hit Iran pipelines disrupting gas supply: state media

The saboteurs hit pipelines in the cities of Borujen in the southwestern province of Chaharmahal and Bakhtiari, and Safashahr in...
  • State media reported that the sabotage had disrupted gas supplies in at least three provinces -- North Khorasan in the northeast, Lorestan in the west and Zanjan in the northwest
  • No group claimed responsibility for the attacks and Iran did not immediately apportion blame, although Iran has generally blamed Israel for similar acts of sabotage in the past

Hamas heads to Cairo truce talks as Rafah braces for Israeli assault

CIA Director William Burns had joined Tuesday's talks with David Barnea, head of Israel's Mossad intelligence service, which Egyptian media...
  • A Hamas source told AFP that a delegation was headed to the Egyptian capital to meet Egyptian and Qatari mediators, after Israeli negotiators held talks with the mediators Tuesday
  • Turkish President Recep Tayyip Erdogan, an outspoken critic of Israel's conduct of the Gaza war, was also due in Cairo Wednesday for talks with President Abdel Fattah al-Sisi.

Israeli delegation departs Cairo after truce talks: media

The UN and many governments across the world have expressed alarm about the possible civilian toll of an Israeli assault...
  • An official in Israeli PM's office said the Israeli delegation was on its way back from Cairo
  • An Egyptian official told media that the talks will continue for another three days

AI giants to unveil pact to fight political deepfakes

The idea comes as big tech companies are under considerable pressure over fears that AI-powered applications could be misused in...
  • Currently under negotiation by the companies, this so-called "accord" on deepfakes and other dangerous content is set to be announced during the Munich Security conference
  • According to the Washington Post, the companies will agree to develop ways to identify, label and control AI-generated images, videos and audio that aim to deceive voters

Transition in Syria: New PM says will ‘guarantee’ rights of all religious groups

With Assad's overthrow plunging Syria into the unknown, its new rulers have sought to assure religious minorities that they will...

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Yunus says Bangladesh is experiencing a ‘student-led revolution’

Hasina fled by helicopter as protesters flooded Dhaka's streets in a dramatic end to her long rule. Her government was...

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...

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...

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Palestinian officials say 12 dead in Israel West Bank raids

Aqaba residents said Israeli troops arrived at dawn and surrounded the house of Amid Ghanam, leading to clashes between troops...
  • Five people were killed in the Jenin area and four in Aqaba town in Tubas district
  • The Israeli army said three people were killed and two arrested in another raid

US in ‘around-the-clock’ push against Mideast war

Biden called King Abdullah II of Jordan, which helped down Iranian drones and missiles in an earlier showdown in April,...
  • Biden and Blinken engaged in diplomacy to try to ease tensions sparked by a suspected Israeli attack that killed Hamas political leader Ismail Haniyeh
  • Biden had been hoping in his final months in office to end the Gaza war and work on clinching a landmark deal between Israel and Saudi Arabia

US personnel injured in rocket attack on Iraq base

US President Joe Biden and Vice President Kamala Harris were briefed on the attack, the White House said. "They discussed...
  • The rocket fire is the latest in a series of attacks targeting Ain al-Assad base in western Iraq, which hosts American troops as well as personnel from the US-led coalition
  • An Iraqi military source had earlier said that multiple rockets were fired at the base, with some landing inside it and another hitting a nearby village but not causing damage