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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.
  • Sharjah Chamber organizes forum, briefs Russian delegation

    The Sharjah Chamber of Commerce and Industry (SCCI) has organized a forum to discuss ways to boost economic ties and...

    The forum witnessed bilateral meetings between business owners from Sharjah and Russia.

    The chamber briefed the Russian trade mission on Sharjah’s business advantages and facilities.

  • Israel praises US proposal for Lebanon maritime border deal

    The draft agreement floated by US envoy Amos Hochstein aims to settle competing claims over offshore gas fields and was...

    Israeli Prime Minister Yair Lapid told his cabinet on Sunday that the US proposal "strengthens Israel's security and Israel's economy."

    Lebanon and Israel have no diplomatic relations and their land border is patrolled by the United Nations.

  • UAE-China ties successful model of international relations: Al Dhaheri

    Beijing, China---Ali Obaid Al Dhaheri, UAE Ambassador to China, has said the UAE and China maintain close strategic relations, which...

    As one of the first countries to join the Belt and Road Initiative, UAE has become the main logistical centre in the MENA, said Ali Obaid Al Dhaheri.

    It re-exports more than 60 percent of Chinese exports to the region, where the value of trade exchange between the two countries has exceeded $70 billion.

  • Afghan students rally in Herat after classroom attack

    Hundreds of students were taking tests training for university admission, and the United Nations said at least 35 were killed...

    On Friday, a bomber blew himself up in the women's section of a gender-segregated study hall in Kabul's Dasht-e-Barchi neighborhood

    Women's rights protests have seen tense standoffs with authorities since the Taliban returned to power, with demonstrators detained

  • US, Japan and Australia to boost military ties to counter China

    Vice President Kamala Harris traveled last week to Japan and South Korea and said the United States would act without...

    Washington announced an $810 million aid package for Pacific Island nations where the United States plans to intensify its diplomatic presence

    Beijing considers Taiwan to be part of China and also claims the thin and busy channel of water that separates the two

  • Arab Parliament reelects Al-Asoumi as speaker for two years

    During the session, Jordanian MP Khalil Attia was elected as second deputy speaker of the parliament, Iraqi MP Shaalan Abdul-Jabbar...

    Al-Asoumi collected 51 votes at a special session attended by 66 members and designed to choose the speaker of the parliament and four deputies

    It also announced the election of a member of the Saudi Shoura Council, Hazza Bin Bakr Al-Qahtani, as First Deputy Speaker for a period of two years

  • UAE and China relations a model to follow: Suhail Al Mazrouei

    The Energy Minister said the UAE encourages joint investments with China in every sector, most notably in digital economy, green...

    Al Mazrouei stressed that cooperation with Chinese companies is continuing, as more than 4,000 operate in the Emirati market and employ some 400,000 people

    The minister said the UAE was among the first countries to join the Belt and Road Initiative and is one of the founding members of the Asian Infrastructure Investment Bank (AIIB)

  • Violence erupts in Iraq on third anniversary of protests

    Waving portraits of the "martyrs" killed in rallies three years ago, hundreds of protestors clashed with security forces in Iraqi...

    Protesters were heard chanting "the people demand the fall of the regime", as thousands demonstrated in Baghdad's iconic Tahrir Square

    On Wednesday, three unclaimed rockets were fired at Baghdad's Green Zone, wounding seven security force personnel, as parliament held its first session

  • Houthi rebels warn Yemen truce at “dead end”

    A day before the UN-mediated truce is to expire, Houthi rebels have warned that the ceasefire in Yemen is at...

    US ambassador to Yemen Steven Fagin said in a tweet on Saturday that he was "concerned about the lack of progress" in talks to extend the truce

    He appealed to both the groups not to throw away the progress of the last six months and to extend and expand the truce

  • World Bank declares $530mn aid for Ukraine’s ‘urgent needs’

    "The toll of destruction, damage, and dislocation in Ukraine is staggering and continues to grow," Anna Bjerde, the bank's regional...

    The new funding came on the same day Russian President Putin formally announced the annexation of four Moscow-held areas of Ukraine.

    The bank said it had already mobilized almost $13 billion in emergency funding for Ukraine, $11 billion of which had already been disbursed.