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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.
  • Eleven more Gaza hostages released as Israel-Hamas truce extended

    Shortly after the arrival of the hostages was confirmed, Israel's prison authority said 33 Palestinian civilians had been released. The...

    Hamas announced the agreement to prolong the truce by 48 hours shortly before it was due to end Tuesday

    Qatar, with the US and Egypt has been engaged in intense negotiations to establish and prolong the truce in Gaza

  • Abu Dhabi’s EWEC opens Q4 2023 Clean Energy Certificates auction

    ABU DHABI, UAE - Emirates Water and Electricity Company (EWEC) on Monday announced that it will conduct its Q4 2023...

    CECs are the only accredited instruments in the Emirate that prove the environmental and economic benefits of consuming clean energy.

    Issued in units of 1MWh, each CEC certifies that the electricity consumed by the entity originates from a clean energy source.

  • Israel says truce extension with Hamas a possibility

    The terms of the truce agreement pausing the fighting in the Gaza Strip say it can be extended beyond its...

    Hamas has signaled its willingness to extend the truce, with reports that the group had informed mediators they were open to prolonging it by "two to four days".

    An Egyptian security source said that there was disagreement between the two sides on the mechanism of the extension.

  • COP28 host UAE braces for rising heat risk, targets carbon neutrality

    As global temperatures tick higher, with this year on course to be the hottest on record, the UAE is changing...

    The UAE's scorching summers, when many flee for cooler climes and the streets empty, look set to worsen due to climate change, various studies show

    The region's extreme heat and high humidity are a dangerous mix as in such conditions the human body struggles to cool itself by evaporating sweat on the skin

  • Palestinian family in Lebanon grieves for 12 dead Gaza relatives

    Beirut, Lebanon -- From Lebanon, Palestinian Fatima al-Ashwah has been praying for relatives in Gaza, but received grim news that...

    Earlier this month, Ashwah, 61, had expressed grave fear for the safety of about 70 extended family members in Gaza.

    Israeli bombing killed around 12 of them days before a temporary truce between Israel and Hamas.

  • EDB commits US$350m for renewable energy projects in developing countries

    ABU DHABI, UAE - Emirates Development Bank (EDB) has committed US$350 million (AED 1.3 billion) to support the Energy Transition Accelerator...

    The ETAF platform is a global climate finance facility established by the International Renewable Energy Agency (IRENA).

    The announcement was made during the signing of a collaborative partnership agreement between EDB and IRENA.

  • US police look into ‘hate crime’ after Palestinian students shot

    The shooter, who is still on the loose, was described by police as "a white man with a handgun." The...

    A police statement said two of the victims were in stable condition, and the third suffered "much more serious injuries"

    Bernie Sanders, the independent Vermont senator, called the attack "shocking and deeply upsetting"

  • China FM to visit New York for UN talks on Israel-Hamas conflict

    Beijing, China--China's top diplomat Wang Yi will visit New York this week to hold a United Nations Security Council meeting on...

    China, according to its foreign ministry, will hold a high-level meeting on the Palestinian-Israeli issue on November 29

    Beijing welcomed a truce between Israel-Hamas, which began Friday and led to dozens of hostages being freed

  • Tens of thousands of Moroccans in pro-Palestinian demo

    The fledgling rapprochement between the North African country and Israel had made steady progress since 2020 when the two governments...

    Journalist reported Sunday that demonstrators in Casablanca waved Palestinian flags and demanded that Rabat suspend ties with Israel

    Pro-Palestinian demonstrations had declined in recent years in Morocco, but have surged since the Gaza war broke out

  • Musk to meet Israeli president, hostage families

    Musk, owner of X, formerly known as Twitter, has come under fire over what critics say is a proliferation of...

    Herzog's office said the meeting would be joined by "representatives of families of hostages held by Hamas, who will speak about the horrors of October 7"

    "In their meeting, the President Isaac Herzog will emphasize the need to act to combat rising antisemitism online," Herzog's office said.