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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.
  • Iran’s nuclear agency says its subsidiary’s email server hacked

    A group called Black Reward on Friday issued an ultimatum on Twitter, threatening to release documents on Tehran's nuclear programme...

    Iran has been gripped by weeks-long demonstrations sparked by the death of 22-year-old Amini on Sept. 16 after her arrest for allegedly violating the country's dress code.

    The street violence has led to dozens of deaths, mostly among protesters but also among the security forces, and hundreds of demonstrators have been arrested.

  • Russia holds talk with UK, France, Turkey on Ukraine war

    In all three calls, Russian defense minister Shoigu conveyed "concerns about possible provocations by Ukraine with the use of a...

    Russian defense minister Sergei Shoigu held a phone call with the defense ministers of UK, Turkey and France

    In all three calls, Shoigu conveyed "concerns about possible provocations by Ukraine with the use of a 'dirty bomb'".

  • Saudi Crown Prince launches program to make KSA investment hub

    Saudi Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs Prince Mohammed bin Salman bin...

    GSCRI will help enable investors to benefit from the Kingdom's resources, capabilities and support and develop these value chains.

    It will also build successful investments, which will give greater flexibility to economies, businesses and consumers around the world.

  • Jordan to host 2022 OSCE Mediterranean Conference

    AMMAN, JORDAN - Jordan will Monday host the 2022 Organization for Security and Co-operation in Europe (OSCE) Mediterranean Conference, organized...

    The two-day meeting in the Dead Sea region will bring together representatives from 57 OSCE countries and six Mediterranean countries.

    These countries will discuss advancing security and cooperation in the region through dialogue with the OSCE Mediterranean Partners for Cooperation.

  • Mohammad bin Salman to visit India on way to Indonesia for G-20 summit

    The visit is expected to last a few hours on Nov 14, and the Saudi Crown Prince and the Indian...

    Besides reviewing bilateral projects, the two leaders are also expected to discuss the progress on the Crown Prince’s promised $100-billion investment in India, the report said.

    Doctors meanwhile advised the Crown Prince not to travel to Algiers for an upcoming summit, the Algerian presidency said Sunday.

  • Israeli court clears way for Lebanon maritime border deal

    Jerusalem, Undefined—Israel's Supreme Court on Sunday paved the way for the signing of a maritime border deal with Lebanon, after it...

    Israel and Lebanon, who are technically at war, agreed to terms earlier this month on a US-brokered deal to demarcate their disputed maritime border

    Under the deal, Israel has full rights over the Karish gas field, which is expected to start gas production within weeks

  • S. Korea, Arab nations to hold new round of FTA talks

    SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their...

    South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free trade agreement.

    Goods and services trading, country of origin, digital trade and intellectual property rights will be discussed.

  • Xi secures historic third term as China’s leader

    Sunday's announcements came after a week-long Congress of 2,300 hand-picked party delegates during which they endorsed Xi's "core position" in...

    Communist Party elected Xi as its general secretary for another five-year term, bringing the country back toward one-man rule after decades of power-sharing among its elite

    On Saturday the delegates elected the Central Committee of around 200 senior party officials, who on Sunday chose the 24-person Politburo and the Standing Committee

  • Growing ‘Davos in the Desert’ a sign of Saudi clout

    The Future Investment Initiative (FII) was launched in 2017 as an economic coming-out party for the world's largest crude exporter,...

    This year's FII, often referred to as "Davos in the Desert", comes after a months-long process of re-engagement with the West by Prince Mohammed

    This year, however, US officials were not invited, something Attias said reflected a broader push to keep the focus on business leaders rather than politicians

  • Saudi minister calls for road map to enhance OIC “media action”

    Riyadh, Saudi Arabia— Saudi Media Minister Majid Al-Qasabi has called for developing a trust-based road map with clear mechanisms to...

    The minister was speaking at the 12th session of the Islamic Conference of Information Ministers of the Organization of Islamic Cooperation in Istanbul

    OIC Secretary-General Hissein Brahim Taha addressed the opening session of the conference, held under the theme of “Combating Disinformation and Islamophobia in the Post-Truth Era"