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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.
  • European Union plans to cut soaring gas, electricity prices

    In the EU's electricity market, the price is based on the last source used to meet demand -- often a...

    Wholesale energy prices thus soared together when the war in Ukraine sent the cost of gas skyrocketing.

    Commission chief Ursula von der Leyen said the levy, or cap, would raise at least $140 billion. The commission wants to reduce monthly consumption by 10 percent.

  • Iran wants closer ties with UAE: foreign minister

    Iran is keen to broaden its relations with the UAE, six years after the diplomatic tussle between Iran and other...

    In 2020, the UAE established diplomatic relations with Israel, a move which Tehran condemned

    Abu Dhabi has been pursuing a policy of rapprochement with former regional rivals including Qatar, Turkey and Iran

  • Israel confirms talks on temporary Qatar office for World Cup

    Israel has not qualified for the tournament which begins in November, but has announced a deal that will allow its...

    Qatar does not recognise Israel and supports Hamas, the Palestinian Islamist group that controls Gaza and has fought four wars with Israel since 2008

    Israel, which maintains a blockade on Gaza, engages with Doha to grant permissions for the distribution of Qatari aid in the Palestinian coastal enclave

  • Lying in state is an old UK tradition

    It is an honor usually accorded to sovereigns and sometimes former prime ministers. Since 1910, when King Edward VII lay...

    On top will be the Imperial State Crown with the orb and sceptre representing spiritual and temporal power

    Queen Elizabeth, the Queen Mother, who died on 30 March, 2002, lay in state in Westminster Hall before her funeral

  • Lebanon-Israel maritime talks to conclude in days: Lebanese official

    Negotiations between Lebanon and Israel have been mediated by the US to delineate a shared maritime border.

    Negotiations between Lebanon and Israel have been mediated by the US to delineate a shared maritime border

    US mediator Amos Hochstein, who visited Beirut on September 9 said talks were making progress

  • EU court to rule on record antitrust fine against Google

    The decision by the Luxembourg-based General Court could undo or demand modifications to the landmark decision, taken by the European...

    Google urged a panel of EU judges last year to throw out the decision it argued was unfounded and falsely relied on accusations it imposed its search engine

    Google insisted that downloading rival apps was only a click away and that customers were in no way tied to Google products on Android

  • Russia portrays Samarkand summit as alternative to West

    Showcasing its growing rift with the Western world, Vladimir Putin will meet China's Xi Jinping and other Asian leaders in...

    The meeting will be part of Xi's first trip abroad since the early days of the coronavirus pandemic and comes with relations between Russia and the West broken by Ukraine war

    Putin will hold talks with Xi, Iranian President Ebrahim Raisi and Pakistani Prime Minister Shehbaz Sharif on Thursday

  • Iran says has ‘fully’ cooperated with UN nuclear watchdog

    The comment came after Rafael Grossi, director general of the International Atomic Energy Agency, on Monday expressed hopes that Iran...

    The IAEA had said in a report last Wednesday that it was "not in a position to provide assurance that Iran's nuclear programme is exclusively peaceful."

    Iran dismissed the report as "baseless", but on Monday said it was ready to cooperate with the agency to clear up the false and unrealistic perceptions

  • Six migrants including two babies die at sea after Greek pushback: Turkey

    Another 73 migrants were also rescued off Mugla province in the southwest, the coastguard said. The migrants were pushed back...

    The migrants are believed to have set out from Tripoli in Lebanon on Saturday in a wooden boat to reach Italy

    Ankara regularly accuses Greek officials of illegally pushing migrants back into its territory, but Athens denies the claims

  • More than 13,000 Tunisian migrants reach Italy: report

    Searching for a new life in Europe, some 13,000 Tunisian migrants have succeeded in reaching Italy by sea since the...

    People fleeing violence and poverty across Africa and beyond have long used Tunisia, just 125 kilometres (80 miles) from the Italian island of Lampedusa

    The EU's Frontex border agency says more than 42,500 migrants used the central Mediterranean route between January and July