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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.
  • French PM leads delegation to Algeria as ties improve

    French Prime Minister Elisabeth Borne starts a visit to Algeria with a top-level delegation, pushing for better ties with the...

    Ties between the North African country and France had seen months of tensions after Macron last year questioned Algeria's existence as a nation before the French occupation.

    The French PM is expected to sign deals on economic cooperation, including energy.

  • Two security members killed in Iran protests: State media

    A wave of unrest has rocked Iran since the 22-year-old Kurdish woman died on September 16 after her arrest by...

    The street violence has led to dozens of deaths, mostly of protesters but also members of the security forces.

    A member of the Basij force was killed Saturday night "after suffering a serious head injury following an armed attack by a mob" in the south of the capital, IRNA said.

  • Israel launches manhunt for east Jerusalem checkpoint attacker

    Hours after two Palestinian teenagers were shot dead in an Israeli raid in the occupied West Bank, Israeli troops were...

    Police cordoned off the area near the checkpoint and dozens of officers had been deployed at the entrance and exit of east Jerusalem

    Two reporters were wounded Wednesday while covering a military operation near the West Bank city of Nablus, in which one Palestinian was killed

  • Kuwait puts off first parliament session until mid-October

    Kuwait City, Kuwait— Kuwait has decided to postpone the convening of the first parliament session after elections to Oct. 18,...

    The Gulf state’s crown prince re-appointed Sheikh Ahmed Nawaf Al-Sabah as prime minister on Wednesday and later approved a new Cabinet following legislative polls

    The government has not taken the constitutional oath because of the objection of more than 40 members of parliament

  • Iran extends temporary prison release of US citizen

    Siamak's brother, Babak Namazi, said in a statement Saturday that Iranian authorities had granted his sibling a further three-day furlough...

    Former UNICEF official Baquer Namazi has been held in Iran for years along with his elderly father under convictions for espionage, allegations they both deny

    The younger Namazi was granted release from prison after his father, who was serving his sentence under house arrest, was allowed to travel to Abu Dhabi for medical treatment

  • Tunisia coastguard struggles to rein in migrant boats

    Tunis--As dawn breaks over the Mediterranean, Tunisian coastguards intercept a flimsy craft packed with migrants, bringing their dream of reaching...

    The North African country, just 130km from Italy's Lampedusa island, has long been a launchpad for people fleeing violence and poverty across the continent.

    The demand has created one of the few thriving new industries in Tunisia: clandestine boat manufacture.

  • Iraq economic growth hampered in absence of government, budget

    It remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the...

    The government can't invest that money without an annual state budget, which Mustafa al-Kadhemi is not authorised to submit to parliament in his capacity as caretaker PM.

    Former finance minister Ali Allawi, who had prepared a reform plan that never materialised, blamed the "political framework" for obstructing progress.

  • Britain says no energy crisis as people brace for blackouts

    Britain, however, relies on gas to create a large proportion of electricity and is therefore particularly exposed to the soaring...

    Households face possible rolling three-hour power cuts if imports run extremely low, the nation's power operator National Grid warned

    A blackout would be more drastic than EU plans for an energy-saving initiative this year to help its member nations survive winter season

  • UAE to showcase its nuclear energy success in WANO meeting

    The Barakah Plant is spearheading the decarbonization of the UAE’s power sector by generating clean electricity and forms key component...

    The meeting is scheduled to be held in Prague, Czech Republic under the theme “One WANO – A Global Commitment to Nuclear Excellence,”

    Due to the Barakah Nuclear Energy Plant, a major strategic energy infrastructure project, the UAE is recognized as a global nuclear energy leader.

  • UAE, Egypt discuss cooperation in defense industries

    A high-level UAE delegation, on a visit to Egypt, met with senior officials of the Egyptian Ministry of Defense.

    The two sides discussed opportunities for strengthening the overall relations between the UAE and Egypt.

    They discussed promoting partnerships between the defense industry of the two countries.