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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, Hungary ink pact to enhance trade, investment ties

    ABU DHABI, UAE – The United Arab Emirates and Hungary have signed an economic cooperation agreement aimed at stimulating trade...

    The UAE-Hungary economic cooperation agreement aims to deepen bilateral ties between the two nations and drive growth.

    The agreement between the two countries also aims to boost non-oil trade, which has seen a significant increase in recent years.

  • Israeli lawmakers approve revised wartime budget

    The new budget passed by a vote of 62 lawmakers to 55. It modifies the budget passed in May 2023,...

    Parliament had already voted in December for an increase to the 2023 budget for the war against Hamas, boosting the previously approved spending figure by 30 billion shekels

    Israel's retaliatory military campaign to eliminate Hamas has killed at least 31,272 people in Gaza, mostly women and children, according to the territory's health ministry

  • China to take ‘all necessary measures’ to protect interests after US TikTok vote

    Beijing, China--China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its...

    The app has soared in popularity worldwide but its ownership by Chinese tech firm ByteDance has fuelled concern in Western capitals

    The US House of Representatives approved a bill that would force TikTok to divest from its parent company or face a nationwide ban

  • UK to ban foreign state ownership of British newspapers

    London, United Kingdom--The UK announced Wednesday that it plans to bar overseas governments from owning British newspapers, a move that could...

    A government spokesperson said the move would "deliver additional protections for a free press, a pillar of our democracy"

    British media suggested that minority interests in newspapers and magazines by foreign governments might be allowed

  • ‘Multilateral approach needed to address Gaza crisis’

    The 'Amalthea' initiative, recently announced by Cyprus, is crucial for the efforts to launch the maritime corridor and the UAE...

    A concerted international effort is underway to open humanitarian corridors to Gaza, with a focus on a maritime corridor for urgent aid delivery.

    The 'Amalthea' initiative, aiming to safely ship aid from Cyprus to Gaza by sea, marks a critical step in international efforts to alleviate the crisis.

  • Israeli strike kills Hamas member and two others in Lebanon

    Beirut, Lebanon--Palestinian resistance group Hamas said one of its members was killed in an Israeli strike in south Lebanon on Wednesday...

    The Palestinian resistance group said the man killed in the strike was Hadi Mustafa, a member of its armed wing in Lebanon

    Lebanon's official National News Agency said three people were killed in the strike, including a Syrian passing by on a motorcycle

  • Gaza aid port plans ‘sign of international weakness’: Amnesty

    Agnes Callamard, secretary general of Amnesty, said nobody was holding Israel to account over the delays to deliveries by land...

    Gaza is suffering a severe humanitarian crisis as Israel's war on the strip drags on

    Israel's war on the enclave has killed at least 31,272 people in the besieged enclave

  • Israeli troops kill two Palestinians in West Bank hospital

    Asked about the reported deaths, the Israeli military said soldiers "fired toward armed suspects identified in the area" and that...

    The killings before dawn took place on the compound of the government hospital in Jenin, in the north of the West Bank, the hospital's director, Wissam Bakr, told AFP

    The Ramallah-based Palestinian health ministry says at least 430 Palestinians have been killed in the West Bank by Israeli troops and settlers since Oct 7.

  • Germany joins operation to airdrop humanitarian aid into Gaza

    "The people in Gaza are lacking the most basic necessities. We want to do our part to ensure that they...

    The defense ministry said it would deploy the German part of a joint German-French air transport squadron to participate in the mission

    The operation, initiated by Jordan, already has the participation of several other countries including France and the United States

  • Scores wounded as UN aid agency’s warehouse ‘hit’ in Gaza

    The incident comes amid mounting concern about worsening humanitarian conditions in Gaza, where Israel has carried out relentless military operations...

    Cumbersome Israeli security checks on all cargoes entering the territory slow down the delivery of aid, and some trucks are sent back when they are found to contain forbidden items

    Gaza health ministry said four people were killed in the bombing. As of March 4, a total of 162 UNRWA employees had been killed since the beginning of the war.