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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.
  • UAE takes part in G20 Health Working Group in Indonesia

    UAE's Ministry of Health and Prevention (MoHAP) has taken part in the G20 Health Working Group (HWG3) meeting in Indonesia...

    The UAE ministry's delegation highlighted the importance of promoting solidarity among member states to better meet essential health needs.

    The delegation said UAE is ready to cooperate with Indonesian officials to expand vaccine manufacturing and research hubs for pandemic prevention.

  • Liz Truss becomes new UK PM, Johnson pledges support

    She faces a daunting to-do list, with the UK in the grip of its worst economic crisis in decades, with...

    Business Secretary Kwasi Kwarteng is expected to become finance minister, Attorney General Suella Braverman home secretary, and James Cleverly to foreign affairs.

    Johnson, whose tenure was dominated by Brexit and Covid and cut short by a succession of scandals, earlier promised Truss his unswerving support in his farewell speech.

  • Erdogan blames Europe’s energy crisis on Russia sanctions

    Erdogan told reporters before departing for a three-nation swing through the Balkans that European nations were "harvesting what they sowed"...

    Kremlin spokesman on Monday blamed Russia's halt of gas deliveries to Germany via the Nord Stream pipeline on "sanctions that were imposed against our country"

    Analysts believe the deal will ensure that Russia will continue to supply Turkey with gas through the TurkStream pipeline running under the Black Sea

  • Sixteen European news agencies launch joint Brussels newsroom

    The 16 agencies -- dpa, AFP, AGERPRES, ANSA, APA, ATA, Belga, BTA, EFE, Europa Press, FENA, HINA, MIA, STA, Tanjug and...

    The hope is that by working more as a network, the agencies' pooled resources will provide a deeper understanding of European news to readers in their home national markets.

    Journalists from the smaller European agencies will share workspaces in Belga's Brussels headquarters and offices near EU headquarters, as well as training opportunities.

  • Palestinian killed in Israel West Bank raid: Palestinians

    Human rights activists say Israel's policy of demolishing the homes of suspected attackers amounts to collective punishment, as it can render non-combatants,...

    Palestinian official news agency Wafa identified the dead man as Mohammed Musa Mohammed Sabaaneh, 29

    The Israeli army said it entered Jenin overnight "in order to demolish the residence" of the perpetrator of a deadly shooting attack in Tel Aviv in April

  • Algeria a ‘reliable’ gas supplier: EU chief Michel

    European officials have been looking to Algeria, Africa's biggest gas exporter, to fill a shortfall in supplies after Russia's invasion...

    Before the Ukraine war, Algeria provided the European Union with some 11 percent of its gas needs

    Algiers has seen a string of high-profile visitors in recent months seeking to boost exports

  • France raises Russian sanctions-busting with Turkey

    Catherine Colonna met her Turkish counterpart Mevlut Cavusoglu before flying to Athens on Tuesday to address a new spike in...

    Official data show the value of Turkish exports to Russia between May and July growing by nearly 50 percent from last year's figure

    Erdogan has previously argued Ankara cannot join Western sanctions on Moscow because of Turkey's heavy dependence on Russian oil

  • Iran hopes to see sanctions relaxed to export gas to Europe

    Tehran, Iran - Iran said Monday it hopes to see US sanctions eased or lifted to allow it to sell...

    Iran is engaged in talks with world powers to revive its 2015 nuclear deal which the US unilaterally abandoned in 2018.

    Iran has the world's second largest natural gas reserves after Russia, but lacks the infrastructure to increase its exports.

  • Israel admits ‘high possibility’ that IDF killed journalist Abu Akleh

    "Our conclusion is that it's not possible to determine unequivocally which gunfire killed her, but there's a higher probability that...

    The acknowledgement comes after months in which the army insisted it was impossible to determine source of the deadly shot that killed her.

    Abu Akleh was wearing a bulletproof vest marked "Press" and a helmet when she was shot in the head during an Israeli army operation on May 11.

  • Iran looks at Russian Sukhoi Su-35 jets to boost air force

    Nearly a week after the US said Russia was receiving Iranian combat drones to be used in the Ukraine war,...

    The two countries have responded to the sanctions by boosting cooperation in key areas to help prop up their economies

    On August 9, Russia launched into orbit an Iranian satellite, with US media warning that Moscow could use it to boost surveillance of military targets in Ukraine