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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.
  • Saudi king asks Iran to end ‘negative behavior’ in the region

    King Salman said, ‘We hope (Iran) changes its policy and negative behavior in the region, and it heads towards dialogue...

    Saudi Arabia and Iran have had bitter ties for decades, taking opposing sides in a range of regional conflicts

    This includes Yemen, where Saudi Arabia leads a military coalition against Iran-backed Huthi rebels

  • Jordan signs pact with Germany, EU to build water projects

    The project will improve wastewater treatment and environmentally friendly sludge disposal.

    The project will improve wastewater treatment and environmentally friendly sludge disposal.

    The value of the EU’s bilateral support to the water and sanitation sector in Jordan is over 150 million euros

  • Iran federation defends footballer in jersey row

    Mehdi Mahdavikia recently wore a jersey featuring the flags of all FIFA member countries, including Israel, during a friendly match...

    Mehdi Mahdavikia ‘must apologize to the Iranian people for his act and must stand trial because he has betrayed the Iranian nation’ an MP has said

    ‘He is one of the greats of Iranian football’ and ‘a symbol of pride for the Islamic Republic of Iran’, the federation has said

  • Years after war, health sector ailing in Iraq’s Mosul

    Apart from the hospitals, the rest of Mosul is also struggling to regain a sense of normalcy. Residents crowd into...

    The former stronghold of the Islamic State group, Mosul was devastated by the battle to oust the jihadists that ended in summer 2017

    More than four years on, the northern metropolis remains a patchwork of gutted concrete carcasses interspersed between buildings under construction

  • Finland provides $2.27m to fund Palestinians’ hospital referrals

    Finland will give €2 million ($2.27 million) to the Palestinian Authority to support the payment of medical referrals to East...

    This contribution will be channeled through the EU Program of Direct Financial Support to the Palestinian Authority’s PEGASE mechanism

    The aid will help the Palestinian Authority meet its obligations towards East Jerusalem hospitals

  • WHO says Omicron risk ‘very high’ after Covid cases rise by 11 percent

    Omicron is behind rapid virus spikes in several countries, including those where it has already overtaken the previously-dominant Delta variant,...

    Further data was needed to understand Omicron's severity in terms of clinical markers, including the use of oxygen, mechanical ventilation and death, WHO said.

    The highest numbers of new cases were reported from the United States, Britain, France and Italy.

  • Israel strikes suspected Hamas military sites in Gaza, injuring 2

    Israel shelled suspected Hamas military sites in Gaza Wednesday after gunfire from the Palestinian enclave wounded an Israeli civilian, security...

    The incident coincides with the final day of military drills by armed factions in Gaza.

    Since a fragile ceasefire came into force in late May, only five rockets or mortar rounds have been fired from Gaza towards Israeli territory.

  • Arab Parliament reiterates call for a free Palestinian nation

    The Arab Parliament has praised the results of the trilateral summit which was held on September 2 in Cairo between...

    The Parliament praised the outcomes of a trilateral meeting held in Cairo on September 2, 2021

    Arab parliament has called global community and the Quartet of the Middle East to offer real support and assistance for Palestine and its people.

  • US condemns Houthis’ attacks on Saudi, calls group a threat

    The United States has condemned the Houthis' continuous attacks on the Kingdom of Saudi Arabia, stressing that the group is...

    US State Department Spokesman Ned Price said that Saudi Arabia was able to eliminate about 90 percent of Houthi attacks.

    Houthis launched a military projectile that hit a commercial store in the Samtah governorate in the southern Jazan region on 24 December.

  • Palestinian president Abbas visits Israel’s Gantz in rare trip

    Excerpt Palestinian leader Mahmud Abbas made a rare visit to Israel Tuesday for talks with Defence Minister Benny Gantz, that...

    Israeli media reported that the meeting took place at Gantz's home in the central town of Rosh HaAyin

    In late August, Gantz visited the Palestinian Authority's headquarters in the West Bank city of Ramallah for talks with Abbas

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