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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.
  • Biden to miss COP28 climate summit: US official

    Some 70,000 people including national leaders and Pope Francis are expected at COP28 as it opens Thursday, in what could...

    A US official confirmed that Biden was not planning to attend COP28 this week or during a second window close

    The official said the Biden administration was still discussing whether to send a top-level official to Dubai

  • Biden, Netanyahu, Hamas positive on possible extension of truce in Gaza

    The pause that began Friday has seen dozens of hostages freed, with over 100 Palestinian civilians released by Israel in...

    Netanyahu said that he had discussed the release of another group of hostages from the Gaza Strip with the US President

    Hamas also said it was willing to extend the pause after it freed more hostages, including a four-year-old orphaned by its attack

  • Crew of Israel-linked tanker seized off Yemen ‘safe’: US official

    A US defence official told a media outlet that an unknown number of "unidentified armed individuals" seized the M/V Central...

    A US defense official said US and coalition forces responded to the emergency aboard the tanker

    The Houthis have launched a series of drone and missile strikes targeting Israel since the October 7 attack

  • Global food-security crisis nudges GCC to look inward

    Billions of dollars are being invested into ventures to grow food in the GCC to make the arid, hot region...

    The region is pouring investments into food manufacturing projects, such as dairy products, meat, poultry, fish, fruits, vegetables, and processed foods

    The GCC governments have devised measures to support local farmers, with much of the focus on local farms and investments in farms outside the Middle East

  • Hamas frees more captives in Gaza as truce extension mooted

    Hamas released a third group of hostages including a four-year-old American girl with more Palestinian prisoners set to be freed...

    The exchanges under a four-day ceasefire that started Friday have been the first relief for captives' families.

    United States President Joe Biden announced that the 13 released included a four-year old American girl..

  • 56% Saudi consumers willing to pay premium for green transportation

    Riyadh, Saudi Arabia -- An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the...

    An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the foremost global challenge.

    60 percent of respondents in Saudi Arabia conveyed their readiness to accept a lower salary if it meant working for an organization committed to reducing its carbon footprint.

  • Hamas fighters to free more hostages as families reunite

    A third group of Israeli hostages will be set free by Hamas fighters in exchange for Palestinian prisoners, a day...

    Hamas has released 26 Israeli hostages in exchange for 78 Palestinian prisoners

    It will free a total of 50 hostages during the truce in exchange for 150 Palestinians

  • Israeli army kills 6 people in West Bank: Palestinian ministry

    The West Bank has seen an uptick in violence since the October 7 cross-border attack on Israel by Hamas last...

    A 25-year-old doctor was killed early in the morning outside his home in Qabatiya, a stronghold of Palestinian armed groups

    Four people were also killed by Israeli army fire in Jenin, during an incursion by a large number of armored vehicles into the town

  • UN delivers fresh supply of aid in northern Gaza

    Eleven ambulances, three coaches and a flatbed were delivered to Al-Shifa hospital, which had seen heavy fighting in recent days,...

    The UN said that another 200 trucks had been dispatched to the Gaza Strip from Nitzana, Israel

    It said that the longer the pause lasts, the more aid humanitarian agencies will be able to send into Gaza

  • UN peacekeeping patrol in Lebanon hit by Israeli fire

    A four-day truce between Israel and Hamas began on Friday, and a source close to Hizbollah told AFP that the...

    The UN Interim Force in Lebanon said in a statement that a UNIFIL patrol was hit by IDF (Israeli army) gunfire" in the vicinity of Aitarun

    It added that no peacekeepers were injured, "but the vehicle was damaged," and that "this incident occurred during a period of relative calm"