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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.
  • Israeli air strikes hit near Damascus: Syrian defence ministry

    Israel has launched hundreds of air strikes on its northern neighbour since Syria's civil war began in 2011, primarily targeting Iran-backed...

    Israel has launched hundreds of air strikes on its northern neighbour since Syria's civil war began in 2011 primarily targeting Iran-backed forces

    Israeli air strikes on November 26 rendered Damascus airport inoperable just hours after flights resumed following a similar attack the month before

  • US readying to impose visa ban on violent Israeli settlers: Blinken

    US Secretary of State Antony Blinken informed Israeli Prime Minister Benjamin Netanyahu when they met Thursday in Jerusalem that Washington...

    The visa ban could be imposed as early as next week, he added, without disclosing the number of individuals who would be affected.

    Violence has surged in the West Bank in tandem with a war that erupted between Israel and Hamas in the Gaza Strip nearly eight weeks ago

  • 134 nations to put food, agriculture in national climate plans

    "This declaration is the moment when food truly comes of age in the climate process, sending a powerful signal to...

    A total of 134 countries who produce 70 percent of the food eaten worldwide signed the declaration, summit hosts the United Arab Emirates said

    The 134 nations are home to 5.7 billion people and represent more than three quarters of all greenhouse gas emissions from the global food system

  • Dubai COP28: Record attendance marks largest ever UN climate summit

    Among the host country's guests are Bill Gates and Antoine Arnault, the son of LVMH boss Bernard Arnault, the second...

    Some 104,000 people, including technical and security staff, have access this year to the "blue zone" dedicated to the actual climate negotiations

    That largely exceeds the previous record at last year's UN climate summit in Egypt, COP27, which had 49,000 accredited attendees

  • 109 Palestinians killed in Israeli strikes amid calls for truce extension

    Both the United Nations chief and the White House called for the break in fighting to be restored, and UN...

    Despite the resumption of fighting, talks between Qatari and Egyptian mediators were "ongoing", a source briefed on the talks told AFP.

    During the seven-day truce, Hamas freed 80 Israeli hostages in exchange for 240 Palestinians held in various Israeli jails, and more aid entered Gaza.

  • UAE President announces $30bn Global Climate Fund at COP28 meet

    In a groundbreaking announcement at the World Climate Action Summit during the UN Climate Change Conference (COP28), UAE President Sheikh...

    The fund, designed to address the critical gap in climate financing, aims to enable affordable access to climate finance.

    The UAE President highlighted the global urgency of addressing climate change and its pervasive impacts on life.

  • Act now as climate crisis has reached critical point

    "Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...

    Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.

    UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.

  • Act now as climate crisis has reached critical point

    "Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...

    Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.

    UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.

  • COP28 puts spotlight on state oil giants

    Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but...

    National oil companies, or NOCs, "account for more than half of global production and close to 60 percent of the world's oil and gas reserves," the IEA said

    NOCs and the oil majors - which include BP, Chevron, ExxonMobil, Shell and TotalEnergies - will all be "critical to efforts to achieve net zero" emissions by 2050

  • Israel resumes military operations in Gaza as truce expires

    The resumption of fighting dashed hopes for an extension of a seven-day truce that had seen dozens of hostages freed...

    "Hamas violated the operational pause, and in addition, fired toward Israeli territory," the Israeli military said

    Inside Gaza, an AFP journalist said Israeli warplanes carried out a series of strikes, and reported artillery fire in Gaza City