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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.
  • ‘Nord Stream 2 pipeline has stopped leaking gas’

    The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between...

    While the pipelines are not currently in operation, they both still contained gas before they fell victim to apparent sabotage, producing four leaks.

    All the leaks are in the Baltic Sea off the Danish island of Bornholm.

  • Russia suspends gas supply to Italy due to transport issues

    SOFIA, BULGARIA - Russia's Gazprom has suspended gas deliveries to Italy's Eni, blaming a transport problem in Austria, the Italian...

    Most of Russian gas delivered to Italy passes via Ukraine through Trans Austria Gas Pipeline (TAG), to Tarvisio in northern Italy

    Before the war in Ukraine, Italy imported 95 percent of the gas it consumes -- about 45 percent of which came from Russia.

  • Lebanon receives US ‘offer’ over Israel maritime border

    Lebanon said it received a letter from US envoy Amos Hochstein containing an "offer" on a maritime border deal with...

    PM Najib Mikati met with US ambassador to Lebanon Dorothy Shea "who delivered a written offer from the US mediator"

    The US-mediated negotiations restarted in early June after Israel moved a production vessel near the Karish offshore field

  • ‘Worry and fear’: Incessant Israeli drones heighten Gaza anxiety

    The "sound of drones flying above my family and friends stops the games, the chatting and the laughter", Palestinian poet...

    Unmanned surveillance aircraft have become an integral part of Israel's 15-year-old blockade of the impoverished enclave

    Each month, Israel uses drones above Gaza for 4,000 flying hours, the equivalent of deploying five of the unmanned aircraft permanently in the sky

  • Iran gunbattles leave 19 dead, including colonel

    While Iran is struggling to contain rising wave of protests over the death of Kurdish woman Mahsa Amini in morality...

    Sistan-Baluchistan, which borders Afghanistan and Pakistan, is a flashpoint for clashes with drug smuggling gangs, as well as rebels from the Baluchi minority

    State media reported that security forces had returned fire when a police station in the provincial capital Zahedan came under attack by gunmen

  • Morocco court toughens migrants’ sentences over border tragedy

    The Spanish enclaves of Melilla and Ceuta have long been a magnet for people fleeing violence and poverty across Africa...

    The migrants, from Sudan and Chad, had been arrested after some 2,000 people, stormed the frontier with the Spanish enclave of Melilla

    Rights groups have accused border guards on both sides of responding with excessive force, leaving at least 23 migrants dead

  • Large turnout of visitors at WETEX, Dubai Solar Show

    The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in...

    A total of 1,750 companies from 55 countries worldwide participated in the exhibition.

    Latest global solutions, technologies, innovations in energy, water, sustainability, renewable and clean energy were highlighted in the event.

  • Opposition wins majority in Kuwait Parliament elections

    Winning 28 of the 50 seats in the fresh election to parliament, opposition candidates in Kuwait have ousted 20 former...

    Shiite candidates won nine seats, while Salafists, Muslim Brotherhood members and independents -- took eight

    Two candidates won from prison, a first for Kuwait, after they were charged with participating in illegal by-elections

  • Qatar allows non vaccinated fans at FIFA World Cup

    But players and match officials may be forced into a secure "bio-bubble" if Covid-19 cases take off again, with the...

    The 29-day tournament will be the first major global sporting event with fans since the eruption in December 2019 of the Covid pandemic.

    All visitors aged over six will have to produce negative Covid-19 tests before taking flights to Qatar for the tournament that starts November 20.

  • Lebanon’s lawmakers fail to elect President

    Lebanon's parliament failed to elect a new president after a first round of voting amid deep divisions over a replacement...

    Christian politician Michel Moawad, son of former president Rene Moawad, emerged as the front-runner but his 36 votes fell well short of the 86 needed to win the first round.

    The session was attended by 122 of parliament's 128 members, of whom 66 cast blank ballots.