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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.
  • US expresses concern about violence on Syria-Turkey border

    The recent bloodshed came against a backdrop of increased tensions pitting the Kurdish-led Syrian Democratic Forces (SDF) against Turkish troops...

    On Friday, Kurdish authorities said that a pre-dawn strike by a Turkish drone hit "a training center for young girls" in the Shmouka, killing 4 children and wounding 11

    Britain-based Syrian Observatory for Human Rights said artillery fire on a market by pro-regime forces killed 17 civilians including six children

  • Libya digs up ‘mass grave’ with seven bodies

    Mass graves were initially discovered in Tarhuna in June 2020 following the withdrawal of forces of Khalifa Haftar, an eastern...

    A "mass grave" was discovered on Sunday in a "public waste dump" and seven bodies have been exhumed

    More than 250 bodies have been found since 2020 in the farming town, which was controlled for years by the Kaniyat militia

  • Israel warns Hezbollah attack on gas field may spark war

    Israeli Defense Minister Benny Gantz has warned Hezbollah that any attack on its gas assets could set off war, after...

    Gantz said extraction from the gas field would begin "when it is ready to produce," reaffirming Israel's claim to Karish

    Israel and Lebanon last fought a devastating conflict in 2006 and remain officially at war, with United Nations peacekeepers patrolling the land border

  • US denies hints it is delaying Iran nuclear talks

    Denying suggestions that it is stalling a potential agreement to resurrect the Iran nuclear deal, State Department spokesman Ned Price...

    EU foreign policy chief Josep Borrell, who is leading the effort to bring the United States and Iran together in agreement, suggested Washington was now slowing the process

    Iran and major global powers struck a deal in 2015 to limit Tehran's nuclear program with the aim of preventing it from obtaining nuclear weapons

  • EU says Iran nuclear deal meeting likely this week

    A meeting on resurrecting the Iran nuclear deal could be held 'this week' after Tehran submitted its response to an...

    Earlier this month, after more than a year of talks, the EU submitted what it called a "final" text.

    The document aims at fully restoring the nuclear deal by bringing the United States back into it, after then-president Donald Trump had Washington withdraw in 2018.

  • China cements influence in Iraq through oil, infrastructure deals

    After decades of conflict, Iraq is in need of foreign investment, and specifically investment in energy sector infrastructure. China, with...

    Beijing has become one of the largest importers of Iraqi crude, and in 2021 accounted for 44 percent of Iraq's oil exports, according to prime ministerial adviser Muzhar Saleh.

    Iraq is among the many partners in China's vast "Belt and Road" infrastructure initiative, which Western leaders say risks saddling poorer countries with debt.

  • Spiritual leader of Israeli ultra-Orthodox party dies

    Cohen, who headed the Council of Torah Sages, the highest body in the Shas party, had been at the Hadassah...

    Born in Jerusalem in 1930, Cohen succeeded the highly influential Rabbi Ovadia Yossef who died in 2013

    Tens of thousands are expected to attend a funeral service later on Monday for the spiritual leader

  • Jordan and US look to broaden ‘deep-rooted’ partnership

    Jordan and the United States have discussed ways to boost cooperation in various fields and to broaden the 'deep-rooted strategic'...

    Ayman Safadi, Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates, met with Elizabeth Allen, US Under Secretary of State for Public Diplomacy

    Safadi lay stress on the importance of US assistance provided to support the kingdom's development process

  • After six months of war, what’s next for Ukraine?

    Russian President Vladimir Putin announces on February 24, 2022 a "special military operation" to protect the Russian-speaking self-declared separatist republics...

    Kyiv and Moscow on July 22 sign a UN-Turkey mediated deal in Istanbul to resume grain exports in a bid to relieve a global food crisis

    On August 5, Russia and Ukraine accuse each other of shelling the Zaporizhzhia nuclear power plant in southern Ukraine that is under Russian military control

  • Europe prepares for winter without Russian gas

    Many believe Russian President Vladimir Putin is using energy supplies as a strategic weapon to put pressure on nations that...

    Berlin has accused Moscow of halting supplies over Western sanctions imposed over Russia's invasion of Ukraine

    The European Union has told its 27 member countries that they will have to cut their gas consumption by 15 percent