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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.
  • Xi urges more ‘political trust’ with Turkey in Erdogan meeting

    Xi and Erdogan met on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Samarkand, Uzbekistan. Turkey is a...

    Xi also pushed for more cooperation on his signature Belt and Road global trade initiative

    Xi also met Russian President Vladimir Putin and Iran's Ebrahim Raisi at the regional security summit

  • Morocco, Nigeria agree on project to pipe gas to W.Africa and Europe

    The agreement to go ahead with the Nigeria-Morocco Gas Pipeline project was inked in Rabat by the two countries and...

    Once completed, it would be connected to the Maghreb–Europe Gas Pipeline in order to reach the European gas network

    The project was agreed upon at a time of strong international demand for oil and gas and a surge in prices following Russia's invasion of Ukraine

  • UAE president invites Israeli counterpart to attend Abu Dhabi Space Dialogue

    The invitation was extended by the UAE Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan who is currently...

    The invitation was extended by the UAE Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan who is currently on an official visit to Israel

    The UAE top diplomat conveyed the greetings of Sheikh Mohamed and his wishes of progress and prosperity to Israel

  • ENEC shares expertise at cyber energy leadership forum

    The Emirates Nuclear Energy Corporation (ENEC) hosted the first edition of the CyberEnergy Leadership Forum (CELF) in Abu Dhabi. Over...

    The one-day forum featured a leadership briefing, followed by a technical forum hosted by ENEC and the United States Department of Energy

    ENEC is a leading entity that is spearheading cyber security in the UAE’s clean energy sector

  • Egypt looks to regain its glorious past

    As Cairo gears up to open "the largest archaeological museum in the world," Egypt's former antiquities minister Zahi Hawass said...

    The stele has been housed in the British Museum since 1802, inscribed with the legend "Captured in Egypt by the British Army in 1801"

    No official requests for the treasures' return have been received "from the Egyptian government", according to the three European museums

  • US again approves most aid to Egypt despite rights concerns

    President Joe Biden's administration on Wednesday approved most military aid to Egypt for a second straight year despite concerns on...

    Some of Biden's political allies have pressed for a wider cutoff of aid to Egypt, which rights groups estimate is holding more than 60,000 prisoners of conscience

    Senator Chris Murphy, a Democrat, scoffed at the idea that Egypt was making progress and earlier this week called on the administration to withhold more funds

  • UAE delegation, led by Abdullah bin Zayed, in Tel Aviv to discuss ways to boost ties

    Sheikh Abdullah is travelling with a high-level UAE delegation on his visit, which will span several days and marks two...
  • Covid pandemic end in sight, seize this opportunity: WHO

    Newly reported cases of the disease, which has killed millions since being identified in late 2019, last week fell to...

    WHO is urging countries to invest in vaccinating 100 percent of the most at-risk groups, and to keep up testing and sequencing for the virus.

    A WHO study based on excess mortality seen in various countries during the pandemic estimated that up to 17 million people may have died in 2020 and 2021.

  • Air India Express plane evacuated after engine fire in Oman

    Footage aired by Omani TV showed smoke billowing from the plane, which had been taxiing for departure for Kochi in...

    The airline said there was no fire warning in the cockpit and the smoke was spotted by another aircraft.

    Arun Kumar, head of the Indian Directorate General of Civil Aviation, told AFP that "appropriate action" would be taken over the incident.

  • Lebanese woman robs bank to ‘pay for ill sister’s’ treatment

    It was just the latest in a string of heists as Lebanese depositors, whose savings have been trapped in banks...

    Sali Hafiz streamed a live video of her raid, in which she could be heard yelling at employees to release a sum of money while entrances to the bank were sealed.

    She instantly turned into a folk hero on social media in Lebanon, where many are desperate to access their savings and furious at a banking sector perceived as a corrupt cartel.