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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.
  • Joint ministerial committee meets US secretary of state

    Washington, US – A committee of the Joint Arab-Islamic Extraordinary Summit under the chairmanship of Prince Faisal bin Farhan bin...

    A ministerial committee led by Saudi foreign minister holds discussions with US Secretary of State.

    The committee asked the US to influence Israel and called for an immediate ceasefire in Gaza.

  • Turkish President Erdogan slams UNSC over failed Gaza truce bid

    Istanbul, Turkey - Turkish President Recep Tayyip Erdogan on Saturday denounced the UN Security Council after the United States vetoed a...

    "Is this justice?" asked Erdogan, adding that "the world is bigger than five," a reference to the five veto-wielding nations in the UN Security Council.

    "The United States stands by Israel with its money and military equipment. Hey, America! How much are you going to pay for that?" he added.

  • IMF, UAE, other countries meet on anti-money laundering, counter terrorism financing

    ABU DHABI, UAE - International Monetary Fund (IMF), in collaboration with the UAE Executive Office of Anti-Money Laundering and Counter...

    Participants from 15 countries and organizations took part in the meeting.

    They agreed on strong collaboration among AML/CFT supervisory agencies.

  • Nadia Calvino is now European Investment Bank head

    BRUSSELS, BELGIUM - Margrethe Vestager is preparing to return to her day job as the European Union's competition chief after a...

    After the EU selected Nadia Calvino, Margrethe Vestager, 55, said she would "resume" her duties at the European Commission, the Eu's executive arm.

    Vestager's star has waned in recent years following a series of setbacks in EU courts against some of the world's biggest companies, including Apple.

  • Israel continues Gaza bombing as US blocks UN truce bid

    Israel bombarded targets in Gaza after the United States blocked an extraordinary UN bid for a ceasefire in the war...

    Iran, which backs Hamas, warned about the possible "uncontrollable explosion in the situation of the region" after the US move.

    Many of the 1.9 million Gazans displaced by the war have headed south, turning Rafah near the Egyptian border into a vast camp.

  • Mahsa Amini’s family blocked from leaving Iran for EU rights prize

    PARIS, FRANCE - The family of Mahsa Amini, the Iranian Kurdish woman who died in custody, have been banned from traveling...

    Her family's lawyer in France, Chirinne Ardakani, said that Amini's parents and brother had been prohibited from boarding a flight.

    She said the family had been banned from leaving Iran despite having a valid visa, and their passports had been confiscated.

  • Iran warns of ‘explosion’ after US veto on Gaza war

    Tehran, Iran - Iran warned Saturday of the threat of an "uncontrollable explosion" of the situation in the Middle East, after...

    On Friday, the United States vetoed a Security Council resolution that would have called for an immediate ceasefire in Gaza

    Hossein Amir-Abdollahian, the top diplomat of the Islamic republic, also appealed for the immediate opening of the Rafah border crossing with Egypt

  • Iran foreign minister, Hamas chief discuss Gaza developments

    Tehran, Iran - Iranian Foreign Minister Hossein Amir-Abdollahian held a phone conversation with Hamas chief Ismail Haniyeh on Friday night...

    During the call, Amir-Abdollahian praised the invocation of Article 99 of the UN Charter by the United Nations Secretary-General Antonio Guterres

    Iranian top diplomat told the Hamas chief that the crisis in Gaza had been a central feature of discussions between Iranian President and his Russian counterpart Putin

  • Three Lebanese soldiers wounded in Israeli attack

    According to a medical source quoted by media, Israeli artillery fire targeted the " vicinity of a Lebanese army post...

    Soldiers were seen lying on stretchers, exhibiting signs of breathing difficulties but with no open wounds

    Violence on Israel-Lebanon border has killed at least 120 people in Lebanon, mostly Hizbollah fighters

  • US vetoes Security Council resolution calling for Gaza ceasefire

    Guterres had convened an emergency meeting of the UN Security Council after weeks of fighting left more than 17,487 people...

    Washington dashed a growing clamor for an immediate ceasefire that had been led by UN chief Antonio Guterres and Arab nations

    American envoy Robert Wood said the resolution was "divorced from reality" and "would have not moved the needle forward on the ground."