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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.
  • Amnesty urges ICC probe of possible Gaza war crimes

    The International Criminal Court has opened an investigation into the Israeli-Palestinian conflict, expected to focus in part on possible war...

    Thirty-one civilians were among the 49 Palestinians killed in the Israeli-blockaded Gaza Strip during the three-day conflict, the global rights group said in a new report

    The London-based organization pressed the ICC to "urgently investigate any apparent war crimes committed during the August 2022 Israeli offensive" in the Palestinian enclave

  • More than 300 put on trial in Iran, 4 could face death penalty

    Tehran prosecutor Ali Salehi said that indictments have been issued for 315 people on charges of "congregating and colluding with...

    Iran witnessed a wave of protests over the death of 22-year-old Amini on Sept. 16 after her arrest by the morality police for violating the country's dress code.

    The judiciary had previously announced on October 12 that more than 100 people had been charged in Tehran province and Hormozgan province over the unrest.

  • Lebanese lawmakers fail to pick President for fourth time

    Already governed by a caretaker cabinet, crisis-hit Lebanon is hurtling towards an imminent power vacuum, with just days before the...

    A total of 50 lawmakers in Lebanon's 128-seat parliament left their votes blank, many from the Iran-backed Hezbollah.

    Parliament speaker Nabih Berri called for another vote on Thursday in the hope of overcoming long-running arguments.

  • Sanctioned Iran general tells EU to ‘buy coal’ with assets

    The EU's 27 member states have been squabbling for months over measures to lower energy bills as winter nears.

    Ukraine war has pushed energy prices skywards, with Russia withholding gas deliveries to most of Europe in reaction to Western sanctions

    Bagheri called the imposition of EU sanctions a "mistake" similar to those the United States made when it sanctioned him in 2019

  • UAE-Bahrain non-oil trade surges to $6.5bn in 2021

    The UAE Foreign Minister stressed that the trade growth didn’t reflect the “true potential” of the two countries.

    The UAE Foreign Minister stressed that the trade growth didn’t reflect the “true potential” of the two countries

    He highlighted the importance of intensifying cooperation between the government and private sectors of the two countries

  • Iran signs contract with Russia to supply it with 40 turbines

    Tehran, Iran— Iran announced Sunday a contract with Russia to supply it with 40 turbines to help its gas industry amid...

    Iran did not specify when the contract was signed, and when the turbines are due to be delivered

    Russia and Iran hold some of the world's largest gas reserves, and are both under strict US sanctions

  • Boris Johnson drops out of race for UK PM

    Declaring an end to his bid for the UK top job, former UK PM Boris Johnson said that he had...

    Tories have been forced into a second leadership contest since the summer following Truss's resignation after only 44 disastrous days into her tenure

    Sunak had raced ahead in the count for Tory MPs' support, drawing backing from across the parliamentary party and crossing the minimum threshold Friday

  • Arab League welcomes UN report on Israeli conduct in Palestinian territories

    Welcoming the report brought out by the UN Independent International Commission of Inquiry, the Arab League has praised the efforts...

    The report documented in detail Israeli policies and procedures that form crimes as per the International Criminal Law

    The Arab League said the contents of the report are an important addition to the series of positions and reports issued by the UN and human rights international institutions

  • Gulf nations add momentum to Asianization of global economy

    Following the US withdrawal from Afghanistan, many experts believe that Washington is shifting its attention and resources to the "priority...

    The Gulf countries rely heavily on assistance from Asia, particularly China, to modernise their economies and diversify away from oil

    GCC's position in supporting Russia in its conflict with Ukraine, Europe, and the US, have raised many problems, but nowhere more so than in Asia

  • DTC Abu Dhabi-UNESCO study on pandemic impact ‘useful’ in plugging gaps

    Abu Dhabi, UAE - The Culture Summit Abu Dhabi began in the UAE capital with discussions on the impact of...

    Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, said, “If an issue happens in Brazil or Iraq or Syria, it affects us as well."

    The Culture Summit brings together the public, private, government and academic sector to find such practical policies on the ground.