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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.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

Iraq confirms Turkey’s intention to enhance water release

  • Iraq's Ministry of Water Resources said that Turkey will increase the quantum of water to be released in the Tigris River
  • The ministry said that a Turkish delegation will visit Iraq to look into the water reserves and construction of dams

Iraq’s Ministry of Water Resources said that Ankara intends to increase the quantum of water to be released to the Tigris River, adding that a Turkish delegation will visit Iraq to look into the water reserves and construction of dams.

The official spokesman for the ministry, Ali Radi, told the Iraqi News Agency (INA), that “the ministry launched water storage from dams and reservoirs to treat water scarcity in the marshes and remote areas, as well as pushing the salt tongue in the Shatt al-Arab.”

Radi said, “The speech of the Turkish ambassador, Ali Reza Günay, incorporated many points, including that a delegation would be sent to Iraq to review the construction of dams and water storage and he confirmed the intention of the Turkish side to increase water releases from the Tigris River.”