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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.
  • Indian troops begin Maldives pullout after quit order

    Following talks with New Delhi, the two sides had agreed to complete a withdrawal of 89 Indian troops and their...

    The Mihaaru newspaper reported that 25 Indian troops deployed in the southernmost atoll of Addu had left the archipelago ahead of March 10

    President Mohamed Muizzu came to power in September on a pledge to kick out Indian security personnel deployed in the Maldives

  • Israeli air strikes in Lebanon’s city of Baalbek kill one

    A security source said Israeli aircraft targeted a former Hizbollah building near Dar Al Amal Hospital, adding that Israel "conducted...

    The governor of the Baalbek-Hermel region, Bachir Khodr, also said a man had been killed in the strikes near Baalbek in a post on social media platform X

    The city of Baalbek in the Bekaa valley is a Hezbollah bastion, bordering Syria

  • Gaza war rages on as Islamic holy month of Ramadan begins

    As the Muslim world welcomed Ramadan with the customary daytime fast, many Gazans awoke to bombardment that saw residents once...

    "The start of Ramadan has been sad and covered in darkness, with the taste and stench of blood everywhere," said one displaced Palestinian man, Awni al-Kayyal, 50.

    "The (Israeli) occupation does not want us to have any joy during Ramadan. We do not have any food for our iftar table," he said, referring to the fast-breaking evening meal.

  • Trump said he won’t ‘give a penny’ to Ukraine, claims Hungary Prime Minister

    BUDAPEST, HUNGARY – Hungary's Prime Minister Viktor Orban has asserted that former US president Donald Trump told him during a meeting...

    Orban is the only EU leader to have maintained ties with the Kremlin since Russia invaded Ukraine.

    He also angered fellow EU leaders by meeting Russian President Vladimir Putin in September

  • Four space station crew members leave for Earth

    WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...

    Led by American astronaut Jasmin Moghbeli, NASA's Crew-7 arrived at the research platform last August.

    NASA and SpaceX are targeting as soon as 5:35 am Tuesday (0935 GMT) for a splashdown off the Florida coast.

  • China, Russia and Iran to launch joint navy drills in Gulf of Oman

    Beijing, China - The navies of China, Russia and Iran are staging joint drills in the Gulf of Oman this week,...

    The military activities -- to be conducted from Monday through Friday -- are aimed at "jointly maintaining regional maritime security".

    "The practical part of the exercise will take place in the waters of the Gulf of Oman in the Arabian Sea," Russian news agencies said.

  • Jafza reports 28% year-on-year growth in 2023 of new Indian companies

    DUBAI, UAE – Jebel Ali Free Zone (Jafza) is a major contributor to the growing trade between India and the...

    Over 190 new Indian businesses and a total of more than 1,500 Indian companies have set up business in Jafza.

    This move aims to assist Indian businesses in accessing markets across the Middle East, Africa, and Europe.

  • UN head urges ‘silencing the guns’ in Gaza ahead of Ramadan

    "We have witnessed month after month of civilian killing and destruction at a level that is unprecedented in all my...

    Guterres said that Ramadan celebrates "peace, reconciliation and solidarity. Yet even though Ramadan has begun – the killing, bombing and bloodshed continue in Gaza".

    The United Nations says that lack of humanitarian aid means famine is a growing risk in Gaza, where 2.4 million people are under near-total siege by the Israeli military.

  • Military planes from 5 countries drop aid over Gaza

    The UN says that the vast majority of Gaza's 2.4 million people are on the brink of famine, particularly in...

    Jordan said that US, French, Belgian and Egyptian planes also participated in the operation

    Jordan has conducted 37 unilateral airdrop operations, dropping aid

  • Hamas still open to Gaza truce talks, says Ismail Haniyeh

    Hamas chief said in a televised speech that Israel was unwilling to meet Hamas's conditions for a deal that would...

    He said Hamas wanted a durable ceasefire, a withdrawal of Israeli troops from Gaza

    Israel says 99 hostages remain alive and that 31 have died so far in Gaza