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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.

Oman becomes first GCC nation to ratify a treaty on rights of seafarers

Oman has become the 100th country to ratify a 2006 treaty that protects the rights, pay and conditions of seafarers. The...
  • Maritime Labor Convention has become a worldwide reference for the maritime industry and a pillar of international maritime rules and regulations since its signing in 2006.
  • Guy Ryder, the ILO Director-General, said Oman, a longstanding maritime nation, has set an example for other countries in the region.

Pandemic ‘far from over’, but ‘let’s end it together’, says UN chief

The UN chief said countries need to fulfil and accelerate dose-sharing and donation commitments in order to reach the billions...
  • Antonio Guterres said the spread of Omicron was “a startling reminder of how quickly COVID-19 can mutate and spread
  • The Omicron variant of the novel coronavirus is now surging in the form of the BA2 variant in many parts of the world

Civilians flee east Ukraine as Boris Johnson visits Kyiv

Evacuations resumed on Saturday from Kramatorsk, in eastern Ukraine, where a missile strike killed 52 people at a railway station...
  • US President Joe Biden accused Russia of being behind a "horrific atrocity" in Kramatorsk, and France also condemned the strike
  • Moscow denied responsibility for the rocket attack on the station, which also wounded 109 people, according to the latest official count

US to keep Quds Force of Iran on terror list

The United States insisted Friday on keeping the elite Quds Force of Iran's Revolutionary Guards Corps on its designated list...
  • The Guards as a whole, as well as the Quds Force in particular, were blacklisted under former US President Donald Trump
  • Tehran is demanding that the Guards be removed from the blacklist which has sparked outrage from some US politicians

Ukraine calls for ‘global response’ as train station attack kills 52

Russia denied being behind the missile strike, which came even as European Commission President Ursula von der Leyen and EU...
  • A missile strike killed 52 people at a train station in eastern Ukraine where civilians had gathered to flee the area fearing a Russian offensive
  • The regional government said there were five children among the deceased, while Zelensky reported at least 300 were wounded

Vaccine supply outstrips demand, inequity remains

Many richer nations are now approaching oversupply. European Union and G7 countries had a surplus of 497 million doses at...
  • More than 13 billion doses have been produced since the pandemic, 11 billion of which have been administered.
  • Countries like South Africa and India have long called for the WTO to suspend intellectual property rights for vaccines and anti-Covid treatments, so they can boost production.

Civilians try to flee east Ukraine as Russia prepares attack

More than 11 million people in Ukraine have been displaced since Russia invaded on February 24, aiming to seize the...
  • Russian troops have been withdrawing from around the capital and Ukraine's north, leaving a trail of destruction behind them
  • The scenes of carnage left behind by retreating troops in towns like Bucha have led to a wave of fresh sanctions against Moscow

Environmental issues major cause of health problems globally: WHO

Environment-related issues are among the major causes of health problems worldwide, the World Health Organization has said. In the Eastern...
  • In the Eastern Mediterranean Region, environmental risks responsible for 23 percent of the total burden of disease and as much as 30 percent of the disease burden for kids.
  • April 7 is being observed as the World Health Day 2022; it will be focusing on environmental threats and their effect on the health of the planet.

World’s fossil fuel assets risk evaporating in climate fight

Oil platforms, pipelines, coal power plants and other fossil fuel assets could lose trillions of dollars in the battle against...
  • The warning was issued in a 3,000-page report by UN experts who said fossil fuel assets must be retired and replaced with clean energy faster to mitigate financial losses.
  • Such assets will become "stranded" and worth less than expected because they may never be used since fossil fuel demand must fall in the near future to limit emissions.

Key Egypt activist in 2011 revolution begins hunger strike in prison

Abdel Fattah has spent the better part of the past decade behind bars, having also been arrested under former presidents...
  • Abdel Fattah was sentenced in December to five years in prison on the charges of "broadcasting false news".
  • Fattah had already been in pre-trial detention in Cairo's Tora prison since September 2019 before the sentencing.

WHO registers eighty percent rise in measles case

Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...

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Biden pledges to extract ‘costs’ from Iran despite prisoner swap

NEW YORK, US- President Joe Biden said the United States would keep piling "costs" on Iran despite a prisoner swap deal...

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...

Saudi Arabia participates in global meet to bridge digital divide

RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated...

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Israel accounts for 46 percent of global Jewish population

TEL AVIV, ISRAEL – The total global Jewish population rose to 15.7 million over the last year, while the number...
  • Data showed that the global Jewish population grew by some 100,000 over the past year.
  • The US has the second-largest Jewish population in the world, after Israel, - at 6.3 million.

Diverse business models needed for trade with China, say Union of Arab Chambers

BEIRUT, LEBANON – The secretary general of the Union of Arab Chambers has called for diversified business models to facilitate...
  • The secretary general of the Union of Arab Chambers said there was a rise in the variety of goods traded between China and the Arab world in recent years.
  • Arab nations and China cannot simply rely on the traditional pattern of cooperation that emphasizes on imports and exports of products.

EU chief wants global experts panel to confront AI challenges

Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific...
  • Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change.
  • The EU is leading the charge on regulating AI, and aims to green light what would be the world's first law covering the technology by the end of the year.