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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.
  • US defense chief urges Israel to shield civilians to win in Gaza

    Austin told the Reagan National Defense Forum that he had "learned a thing or two about urban warfare" while fighting...

    Fighting between Israel and Hamas resumed the day before after a week-long truce

    Israel's war on Gaza began after Hamas carried out a shock cross-border attack on October 7

  • US Commerce chief warns against China ‘threat’

    Gina Raimondo unveiled a series of  restrictions on the export of advanced chips to China, including those used in the...

    Gina Raimondo called Beijing "the biggest threat we've ever had" and stressed "China is not our friend

    The world's top two economies are locked in a fierce commercial and geopolitical rivalry

  • Israel’s goal to destroy Hamas risks decade of war: Macron

    Speaking at a press conference on the sidelines of the UN's COP28 climate talks in Dubai, French President Emmanuel Macron...

    Macron wondered if total destruction of Hamas was possible, and if it is, the war will last 10 years

    He traveled to Doha on Saturday to meet with Qatar's Emir Tamim bin Hamad Al-Thani

  • Grim cycle of death at a hospital in Gaza

    Khan Yunis, Palestinian Territories - A middle-aged man with a blank, shattered expression walked slowly down a ramp at the hospital,...

    After the collapse of a week-long truce between Israel and Hamas, the Nasser hospital's morgue in Khan Yunis, southern Gaza, was full once again.

    Families gathered for one last look at the dead, caressing their hair, touching their hands or kissing their faces, sometimes still stained with blood

  • US pledges $3bn to a global climate fund at COP28 meet

    Developing countries least responsible for climate change are seeking support from richer polluting nations to adapt to the increasingly ferocious...

    The amount, which must be approved by the US Congress, will go into the Green Climate Fund (GCF), which was created in 2010

    The last US contribution to the fund for developing countries was made under then President Barack Obama, who committed $3 billion in 2014

  • Turkey’s Erdogan rejects US pressure to cut Hamas ties

    Istanbul, Turkey - Turkish President Recep Tayyip Erdogan on Saturday pushed back against mounting US pressure to cut Ankara's historic ties...

    Erdogan said that Washington was well aware that Turkey does not view Hamas as a terrorist organization

    Hamas political leaders have used Istanbul as one of their foreign bases during Erdogan's two-decade rule

  • $656 million committed to Loss & Damage Fund so far

    The fund will be housed in the World Bank for four years, a decision accepted by developing nations despite concerns...

    The fund signifies a pivotal moment in climate diplomacy, reflecting a growing acknowledgment of the need for tangible support for those most vulnerable to climate change.

    This initiative by the UAE and Germany at COP28 marks a new era of responsibility and cooperation among nations, setting a hopeful tone for the remainder of the conference.

  • UAE President attends Group of 77 and China meeting at COP28

    DUBAI, UAE – At the UN Climate Change Conference (COP28) here, UAE President Sheikh Mohamed bin Zayed Al Nahyan attended...

    The UAE President expressed the country's commitment to enhancing global cooperation to achieve the ambitious goals set for COP28.

    These include accelerating the shift to a sustainable, low-carbon and economically robust model to deal with climate change.

  • UAE voted to Category-B membership in International Maritime Organization

    LONDON, UK - The UAE has been re-elected to the Council of the International Maritime Organization (IMO) in the Category...

    The UAE received the highest number of votes, following comprehensive efforts and an intensive election campaign leading up to the elections.

    The country plays an active role in strengthening the national maritime sector and contributing to the growth of the global maritime industry.

  • UAE marks 52nd National Day with parades, shows

    Across the country, the festivities will be characterized by performances of Emirati folk arts, cultural shows, police parades, display of...

    Flags will adorn Dubai’s shopping malls, skyscrapers and beaches will be draped in hues of black, red, white and green for Union Day

    The founder’s memorial, a permanent tribute to the late founding father Sheikh Zayed bin Sultan, will mark the country's 52nd Union Day