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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.

American spaceship lands on moon, images expected soon

The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...

French President says Ukraine could join EU after decades

Russia invaded Ukraine in February, in part to thwart Kyiv's tilt towards integration with the EU and NATO.
  • European Commission President Ursula von der Leyen, tweeted that EU executive would give its "opinion" on Ukraine's membership bid in June.
  • "It is our historic obligation ... to create what I would describe before you today as a European political community," Macron said.

Putin vows to repeat Russia’s World War II victory in Ukraine

Our sacred duty is to hold back the ideological successors of those who were defeated" in World War II, which...
  • Putin insists Ukraine is in the grip of fascism and a threat to Russia and the Russian-speaking minority in Ukraine's east
  • Moscow will officially commemorate victory over Nazi Germany with a giant military parade on Monday

Civilians leave Azovstal as Ukraine fears fresh Russia offensive

Ukrainian President Volodymyr Zelensky said that hundreds of people had been removed from the Azovstal steel plant in Azov, and...
  • Earlier, Ukraine's defense ministry said Russia had resumed their assault on the Azovstal site, despite talk of a truce to help trapped civilians
  • Fighting continues on many other fronts, and Ukraine's defense ministry has said it has destroyed another Russian vessel in the Black Sea

Ukraine claims it sank Russia’s warship near Black Sea

The traditional parade of the Russian Black Sea fleet on May 9 this year will be held near Snake Island...
  • Ukraine's defense ministry said in a statement an armed drone had destroyed a Serna-class landing craft
  • Earlier this month Ukraine said its drones destroyed two Russian patrol boats, also near Snake Island

Indonesia seizes tanker for defying palm oil export ban

The Indonesian Navy has seized a tanker that was carrying palm oil out of the country in violation of an...
  • Indonesia, the world's largest producer of palm oil, prohibited its export last week to counter skyrocketing domestic prices and shortages
  • The ship was carrying 34 containers containing refined, bleached, deodorized (RBD) palm olein which is temporarily prohibited for exports

UN attempts rescue as Russia pummels Mariupol

The Russian military had announced a three-day ceasefire at the site starting on Thursday, but a Ukrainian commander said there...
  • Since failing to take Kyiv early on in its invasion, which began February 24, Russia has focused its efforts on Ukraine's east and south
  • Seizing Mariupol would allow it to link the pro-Russian regions in eastern Ukraine to Crimea, which it annexed in 2014

WHO claims 13-16 million people died due to Covid in 2020-21

The WHO declared Covid an international public health emergency on January 30, 2020, after cases of the new coronavirus spread...
  • The figures give a more realistic picture of the worst pandemic in a century, which killed around one in 500 people worldwide.
  • The figures are extremely sensitive due to how they reflect on the handling of the crisis by authorities around the world.

Inequality widens in Britain as financial sector salaries increase

Salaries in Britain's financial sector have surged in recent months, widening inequality amid the nation's cost-of-living crisis, a study showed...
  • Average monthly pay in the industry jumped 31 percent in February from December 2019, propelled by high-earners.
  • The news comes as many Britons face a cost-of-living crisis, slammed by decades-high inflation and rising taxation.

Infantino says Qatar migrant workers take pride from hard work

FIFA President Gianni Infantino said migrant workers take pride from hard work when he was asked about the conditions of...
  • "Let's not forget one thing, when we speak about this topic, which is work, even hard work, tough work," Infantino said
  • "When it comes to the building of World Cup stadiums -- we are investigating all these matters with external entities -- it is actually three persons who died," he added

Iran oil minister meets Venezuela President amid rising oil prices

The two countries are said to have discussed ways to ‘overcome’ the effects of US sanctions against both nations.
  • Javad Owji's visit to Venezuela came just weeks after a visit by US officials in the midst of rising global oil prices
  • In March, a US delegation held a meeting with Maduro, whose very legitimacy as president Washington disputes

American spaceship lands on moon, images expected soon

The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...

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IsDBI, BIBF join hands to enhance global Islamic finance expertise

MANAMA, BAHRAIN - The Bahrain Institute of Banking and Finance (BIBF) and the Islamic Development Bank Institute (IsDBI) have decided...

UAE minister calls for climate action by promoting nature-based solutions

NEW YORK, US – UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri called upon the global...

Israel congratulates Saudi Arabia on national day

JERUSALEM - Israel offered its congratulations to Saudi Arabia on the kingdom's national day on Saturday as the two countries...

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Chinese President Xi Jinping declares biggest-ever Asian Games open

Chinese President Xi Jinping opened the 19th Asian Games in a colourful ceremony in Hangzhou, launching a two-week sporting extravaganza...
  • In front of Syrian President Bashar al-Assad and other visiting leaders, Xi officially opened the Games at the 80,000-capacity Hangzhou Olympic stadium.
  • The theme of the ceremony was water and it also celebrated Hangzhou's ancient history and landscape.

World must understand AI, curb its risk, says UK Deputy PM

NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can...
  • UK Deputy PM said that a summit, set for November, will aim to preempt the risks posed by frontier AI and explore how it can be used for public good.
  • One of the concerns highlighted by the Deputy Prime Minister is the unprecedented speed at which AI is evolving having far-reaching implications.

Iran criticizes US statement on islands dispute with UAE

Iran said it had called in the Swiss envoy to deliver a protest over a “provocative” US statement on its...
  • The islands of Abu Musa and Greater and Lesser Tunb lie near the Strait of Hormuz.
  • Iran gained control of the islands under the rule of the Western-backed shah in 1971.