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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.
  • Netanyahu’s political survival at stake amid Gaza crisis

    Israeli PM confronts one of the most challenging periods of his tenure as it intensifies military actions in Gaza amid...

    Israeli PM confronts one of the most challenging periods of his tenure as it intensifies military actions in Gaza amid mounting casualties and a deepening humanitarian crisis.

    Critics are questioning Netanyahu's strategies and political maneuvers, both domestically and in the context of the Israeli-Palestinian conflict.

  • PM issues law forming Dubai Investment Fund to oversee government investments

    DUBAI, UAE – Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has issued Law...

    The law endows the Fund with the financial and administrative independence to pursue its objectives along with the legal mandate to do so.

    Dubai Investment Fund will be responsible for investing Dubai Government funds, surpluses and the general reserve locally and internationally.

  • Arab meet calls for more investments in renewable energy

    Speaking at the 12th Arab Energy Conference organized by the Organization of Arab Petroleum Exporting Countries (OAPEC), Qatar's Energy Minister...

    OAPEC Secretary General Eng. Jamal Issa Al Loughani emphasized the conference's focus on international energy market developments and their local and global implications.

    He called for a careful balance between emission reduction, energy availability and affordability, while underscoring challenges in building sustainable energy systems.

  • Russia, Saudi say sovereign Palestine state vital for regional peace

    RIYADH, SAUDI ARABIA – Russia and Saudi Arabia expressed concern on the present situation in Gaza and said that a...

    The two sides discussed the developments in Palestine and expressed their deep concern about the humanitarian catastrophe in Gaza.

    Russia and Saudi Arabia stressed on the need to stop military operations in the Palestinian territories, and the need to protect civilians.

  • West Bank, Jerusalem Palestinians go on strike over Gaza onslaught

    Activists had called for a strike in solidarity with the besieged territory covering businesses, public workers and education. Many Palestinians...

    He described the protest as part of a global effort to put pressure on Israel to stop the war, reporting strikes taking place in parts of Jordan and Lebanon.

    In Lebanon, public institutions, banks, schools and universities closed after the government decided on a nationwide strike in solidarity with Gaza.

  • COP28 draft deal calls for ‘reducing’ fossil fuel production, consumption

    The draft no longer mentioned a "phase-out". The text prepared under COP28 president Sultan Al Jaber, the head of the...

    The document calls for reducing the consumption and production of fossil fuels in "a just, orderly and equitable manner so as to achieve net zero by, before, or around 2050".

    A previous draft on Friday included the word "phase-out" which climate campaigners, low-lying island states and the European Union have been pushing for.

  • Israel hits targets near Damascus with air strikes

    According to the Syrian Observatory for Human Rights, a Britain-based war monitor, the strikes had targeted "Hizbollah sites" in the...

    A security official said that anti-aircraft defences shot down some missiles

    Israel has launched hundreds of air strikes on Syria since civil war began in 2011

  • Mideast ministers met with Joly, Trudeau in Ottawa to discuss Israel-Hamas war

    OTTAWA, CANADA  â€” A group of foreign ministers from the Palestinian Authority, Saudi Arabia and Turkey met Canadian Foreign Affairs...

    The quietly planned meeting focused on ways countries could help efforts to secure peace for Palestinians and Israelis.

    The group is not a joint peace project with Israel, and says its leaders aim to speak on behalf of Arab and Muslim people people.

  • Israel must be held accountable for its actions, says Palestinian PM

    DOHA, QATAR - Prime Minister of Palestine Mohammad Shtayyeh called for holding Israel accountable, imposing sanctions and not allowing it...

    The Palestinian PM denounced Washington’s use of veto against a UN draft resolution calling for a ceasefire in Gaza.

    He said that there is an urgent need for a comprehensive political solution that would end the suffering of the Palestinians.

  • Saudis, Iraq stand firm as COP28 mulls phase-out of fossil fuels

    With less than 48 hours left before the conference's official end, COP28 president Sultan Al Jaber invited ministers to give...

    The European Union and members of Pacific islands states threatened by rising seas reiterated their calls for a phase-out of fossil fuels.

    A Saudi official told the COP28 majlis that Riyadh's "perspectives and concerns" must be taken into account.