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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.

Global operation smashes ‘most harmful cyber crime group’

LONDON, UK - An international operation led by UK and US law enforcement has severely disrupted "the world's most harmful cybercrime...

‘Hitler did it to Jews’: Lula accuses Israel of ‘genocide’ in Gaza

Brazilian President Luiz Inacio Lula da Silva accused Israel of committing "genocide" against Palestinians in the Gaza Strip and compared...

EU plans to punish Russia more with sanctions on oil or coal

The EU is considering to hit Russia with sanctions on oil or coal over the war in Ukraine, a top...
  • The Europeans are under pressure to hit Moscow in the crucial energy sector and stop paying out the huge proceeds from gas, oil and coal
  • Since Russia's military buildup against Ukraine began, sanctions against Moscow have been coordinated with the US and its Western allies

Nearly 100 die in new Mediterranean boat tragedy: UN, MSF

Prior to the latest tragedy, the UN's International Organization for Migration had recorded 367 deaths in the Mediterranean so far...
  • The commercial tanker Alegria 1 rescued four people from an overcrowded boat carrying hundreds of migrants through the Mediterranean sea
  • 'Libya is not a place of safety,' said Doctors Without Borders while stressing that survivors 'are in need of urgent protection and care'

UN talks on climate solutions wrap up two days into overtime

Two-weeks of virtual talks were contentious from the start, as nearly 200 nations grapple with hard choices about how to...
  • Two-weeks of virtual talks were contentious from the start, as nearly 200 nations grapple with hard choices about how to rapidly purge carbon pollution from their economies.
  • The UN's Intergovernmental Panel on Climate Change (IPCC), due to be published on Monday, will detail how industries must be reimagined to cut greenhouse gas emissions

First World Cup in Middle East will be healthiest ever: FIFA President

Several measures will be implemented at this year’s FIFA World Cup Qatar in a bid to promote healthy lifestyles. Senior...
  • World Health Organization, Qatar's health ministry and FIFA agree to implement several measures to promote healthy lifestyles at the mega event.
  • The three entities will leverage the global power of football to help people lead healthy lives, said WHO Director-General Dr. Tedros Adhanom Ghebreyesus.

Britain may build seven nuclear power plants by 2050

Britain could build up to seven new nuclear power plants by 2050, as well as offshore wind to diversify energy sources,...
  • Britain has set itself a target of carbon neutrality by 2050 and the government could publish a delayed new energy security strategy
  • About 21 per cent of Britain's electricity comes from 15 nuclear reactors today, according to Energy UK trade association

Political will, pandemic weigh on two weeks of talks to save nature

The world is facing catastrophic declines in animals and plants that pose a twin threat to life on Earth with...
  • The talks in Geneva produced a draft biodiversity framework for living "in harmony with nature" by mid-century.
  • The delegates representing nearly 200 nations -- although not the United States -- agreed to hold new negotiations in Nairobi in June.

Dubai summit highlights future to governments

This year’s summit has brought together 190 countries, over 500 speakers, and 4,000 participants worldwide to discuss the future of...
  • The summit’s topics focused on policies that drive progress and government development, sustainability, and future technology
  • The Investopia Summit was launched as part of the WGS 2022 to improve global economic and investment sectors

Russia says will scale down Kyiv offensive; Ukraine, West sckeptical

Vladimir Putin’s pledge to scale down military activity was met with skepticism in Ukraine and Western capitals, with the Pentagon...
  • Russia and Ukraine called talks in Istanbul ‘meaningful’ and ‘positive’, in sharp contrast to previous rounds
  • This raised hopes after more than a month of war in Ukraine that has killed thousands and displaced millions

Nairobi to host next biodiversity meeting in June to save nature

Countries have proposed to hold an extra biodiversity meeting in Nairobi in June as talks in Geneva tasked with saving...
  • The meeting could take place between June 21 and 26 later this year in Nairobi, the Kenyan capital
  • Holding the meeting is subject to official approval by the Geneva meeting before it wraps up later Tuesday

Ukraine retakes Kyiv suburb, as negotiations for peace resume

Ukrainian troops "liberated" the suburban town of Irpin, Interior Minister Denys Monastyrsky said, wresting a key gateway to the capital's...
  • It is now more than a month since Russian President Vladimir Putin's tanks rolled into Ukraine to oust the government
  • The fighting has already killed an estimated 20,000 people on both sides, and forced more than 10 million from their homes

Global operation smashes ‘most harmful cyber crime group’

LONDON, UK - An international operation led by UK and US law enforcement has severely disrupted "the world's most harmful cybercrime...

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Palestine’s pre-historic Tell al-Sultan site on world heritage list, says UNESCO

The United Nations' cultural organization inscribed the "pre-historic site of Tell al-Sultan" located near the occupied West Bank city of...

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...

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...

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Normalization of Israeli-Saudi ties hit Palestine, security barriers

Despite Israel's strong determination and increasing US mediation efforts, the establishment of diplomatic relations between Tel Aviv-Riyadh still face serious...
  • The Chinese-mediated restoration of diplomatic ties between Saudi Arabia and Iran served as a catalyst for US efforts to advance Tel Aviv-Riyadh ties.
  • For Israel, the normalization of relations with Arab countries has remained an important strategic goal for years.

WFP warns fund cuts could push 24m people to brink of starvation

Geneva, Switzerland - The World Food Program said Tuesday that shrinking funding was forcing it to drastically slash rations in many...
  • WFP said it had been struggling to meet growing global needs for food assistance while facing a funding shortfall of over 60 percent this year.
  • WFP estimates that 345 million people worldwide are facing acute food insecurity, at level three or higher on the UN's five-scale food insecurity classification.

Building less, repurposing more key to low construction sector emissions

The industry is responsible for 37 percent of global carbon dioxide emissions and growing urbanization is spurring the construction of...
  • Mushrooming urban environments -- which add new buildings in an area equivalent in size to Paris every five days -- damage life-sustaining ecosystems.
  • Building less and repurposing existing structures generates 50-75 percent fewer emissions than new constructions, a report said.