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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.

Israel Bill to limit PM’s term passes first reading

  • "Continuous power in the hands of a single person is bad for democracy," Justice Minister Gideon Saar said
  • The vote on the Bill which was passed by 66 deputies in the 120-member Knesset would need three readings to become law

Israeli deputies Monday approved a Bill to limit a prime minister’s term in office to eight consecutive years, in the first reading of proposed legislation criticised as “personal”.

Opposition leader Benjamin Netanyahu served as premier for an Israeli record of 12 consecutive years before he was ousted in June by a multi-party coalition.

“Continuous power in the hands of a single person is bad for democracy,” Justice Minister Gideon Saar said before the vote on the Bill, which would need three readings to become law.

It was passed by 66 deputies in the 120-member Knesset, Israel’s Parliament.

But Ms Miri Regev, a member of the former premier’s right-wing Likud party, charged: “This law is a personal law aimed at preventing Netanyahu from returning to power.”

Netanyahu, who also served as premier between 1996 and 1999, has been charged with bribery, fraud and breach of trust, but he leads his rivals in opinion polls.