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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.
  • Dubai records 65% decline in crime reports during Q3

    Dubai, UAE—Dubai Police has recorded a 65 percent drop in the number of criminal reports during the third quarter of...

    The statistics were revealed during the quarterly appraisal meeting of the General Department of Criminal Investigations (CID)

    Lt. Gen. Al Marri, head of Dubai Police, commended the efforts made by the dedicated officers and employees of the CID to apprehend the perpetrators of crimes

  • Tunisian protestors demand president’s resignation

    Demanding his resignation, tens of thousand of demonstrators in Tunis denounced a power grab by President Kais Saied, chanting "Down,...

    Ali Laarayedh, Tunisia's former prime minister and a senior Ennahdha official, told AFP that the protest was an expression of "anger at the state of affairs under Kais Saied"

    In public remarks, Saied has argued he was working to "correct" economic troubles he had inherited from Tunisia's post-Ben Ali leadership

  • Oil depot hit and on fire in Russia’s Belgorod, says governor

    An oil depot in Russia's Belgorod region bordering Ukraine is on fire after being shelled, the governor said, as strikes...

    One of the shells hit the oil depot in the Belgorod region, regional governor Vyacheslav Gladkov said.

    State-run news agency TASS cited a source in the emergency services saying the burning depot was located in the village of Razumnoye-71

  • WFP calls for action to avoid another year of record hunger

    UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that the crises facing the world today...

    The UAE has launched the Agriculture Innovation Mission for Climate (AIM for Climate) in partnership with the US.

    The objective is to raise investments worth US$8 billion in sustainable and climate-smart agrifood systems based on modern technologies.

  • Moqtada Sadr’s group refuses to join new government in Iraq

    Iraqi firebrand cleric Moqtada Sadr's movement announced its refusal to join a new government being formed by prime minister-designate Mohammad Shia...

    The announcement of not joining the government came two days after lawmakers elected Abdul Latif Rashid as Iraq's new president.

    Snap elections were held last year in Iraq following nationwide protests that erupted in October 2019.

  • Iran refutes allegations of providing weapons to Russia

    Iran has rejected allegations that it has supplied Russia with weapons "to be used in the war in Ukraine", its...

    Kyiv and many of its Western allies have accused Moscow of using Iranian-made drones in attacks on Ukraine in recent weeks.

    On Monday, Ukrainian President Volodymyr Zelensky said Iranian drones were used in Russian attacks on energy infrastructure.

  • New UN Libya envoy Abdoulaye Bathily starts work in Tripoli

    Tripoli, Libya—The United Nations' new Libya envoy, Abdoulaye Bathily, took up post in Tripoli Friday, vowing to work towards elections in...

    The envoy's inauguration comes months into a power struggle between two rival governments in the latest constellation of Libya's complex conflict

    Prime minister Abdulhamid Dbeibah, a tycoon who took office in 2021 as part of a UN-led peace process that followed the last major fighting, is based in Tripoli

  • Tunisian protestors clash with police after young man’s death

    Tunis, Tunisia— Tunisian mourners clashed with security forces on Friday after the death of a young man from injuries sustained during...

    Protestors threw rocks at security forces after Malek Sellimi's funeral in the working-class neighborhood of Upper Omran on the edges of Tunis

    The Tunisian Human Rights League says 14 young men have been killed in recent years in incidents involving the police, adding that officials rarely face justice

  • Israeli troops kill three Palestinians in West Bank incidents

    The United States said there had been an "alarming increase in Palestinian and Israeli deaths and injuries, including numerous children"....

    Some 66 people were injured around the city of Nablus, also in the northern West Bank, the Palestinian Red Crescent said

    Dozens of Palestinians have been shot dead in recent months during near daily Israeli raids across the West Bank

  • Russia’s Rosneft sues Germany over refinery seizures

    Russian oil giant Rosneft has filed a complaint against the German government for taking control of its German-based refineries, a...

    Berlin in September took control of Rosneft's German subsidiaries, which account for about 12 percent of oil refining capacity in the country.

    Germany said the dramatic move last month was necessary to counter "a threat to the security of energy supply", as relations with Russia deteriorate.