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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.
  • Saudi Arabia’s crown prince named prime minister

    Saudi Arabia has for years sought to quell speculation over the health of the 86-year-old king, who has ruled the...

    The move effectively formalises power already wielded by Prince Mohammed, who has been the kingdom's de facto ruler for several years

    Prince Mohammed, who turned 37 last month, has been first in line to succeed his father as king since 2017

  • Iran arrests ex-president Rafsanjani’s daughter: news agency

    Hashemi, a former lawmaker and a women's rights activist, has had previous run-ins with the law in the Islamic republic....

    Iranians on Tuesday staged a 12th straight night of protests over the death of Mahsa Amini, 22

    The Kurdish woman died in the custody of Iran's notorious morality police, after her arrest for allegedly breaching the country's strict rules

  • Lebanon’s speaker asks Parliament to name new president

    The term of Michel Aoun expires at the end of October. The session will mark the first attempt by lawmakers...

    But it comes without any consensus on a replacement for Aoun amid a deadlock that has prevented the formation of a new government since outgoing one's man mandate expired May.

    With no compromise in sight among Lebanon's bitterly divided politicians, it may take several sessions of parliament before a president is finally named.

  • As Ukraine war grinds on, Saudi influence grows

    Saudi Arabia's unexpected role in brokering the release of foreign fighters detained in Ukraine was just the latest example of...

    The release of the 10 foreign fighters, including two from the United States and five from Britain, came alongside a broader prisoner-of-war swap, brokered by Turkey

    Expressions of gratitude for Saudi Arabia immediately poured in from Washington, London and beyond, with officials highlighting the personal involvement of Crown Prince

  • Iraq MPs to meet for first time since August violence

    Parliament said in a brief statement on Monday that votes on the resignation of the assembly's speaker, Mohammed al-Halbussi, and...

    Iraq's deeply divided political factions have failed to form a new government since inconclusive elections last October

    Iraq's standoff pits Sadr against the Iran-backed Coordination Framework, which includes lawmakers from the party of his longtime foe, ex-prime minister Nuri al-Maliki

  • Fresh violence breaks out in Libya, killing five

    Fighting late Sunday broke out between rival forces equipped with heavy weapons, with one group linked to the defense ministry...

    Libya's ambulance service reported five dead, including a 10-year-old girl, and 13 injured in Zawiyah, some 40 kilometers west of the capital Tripoli

    The fighting comes amid a political crisis between backers of rival Libyan PM Abdulhamid Dbeibah and Fathi Bashagha, whose administrations are vying for control of Libya

  • Tunisian mayor detained after fruit seller suicide

    Tunisia's interior ministry said Dridi, the fruit seller, had faced "serious family problems", claims his brother rejected in an interview...

    Mohamed Amine Dridi, 25, hanged himself on Saturday two days after the electronic scales he used on his fruit and vegetable stall were taken

    Dridi's suicide echoes the death of fruit seller Mohamed Bouazizi, a university graduate who set himself on fire in 2010

  • Leading Iran cleric calls on authorities to ‘listen to people’

    At least 41 people have been killed since the protests began on September 16, mostly protesters but including security forces,...

    The powerful 97-year-old cleric has long been aligned with the country's ultra-conservative establishment

    Demonstrators have taken to the streets of major cities across Iran, including the capital Tehran, for 10 straight nights since the death of Mahsa Amini

  • IAEA asks Russia, Ukraine to secure nuclear plant

    The head of the UN atomic energy watchdog - IAEA- said he was ready to continue talks in Ukraine and...

    Fighting around Ukraine's Zaporizhzhia nuclear power plant -- Europe's largest -- has raised fears of a nuclear disaster.

    The IAEA chief said that all efforts must be made in order to prevent a nuclear accident that would add tragedy to the suffering,

  • UAE takes part in financial group meeting in Indonesia

    The UAE recently participated in the fifth International Financial Architecture (IFA) Working Group meeting within the G20 Finance Track for...

    The meeting discussed issues related to global financial development and stability.

    UAE stressed on the need to work on a comprehensive regulatory framework for central digital currencies.