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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.
  • Asif Ali Zardari: ‘Artful dodger’ returns as Pakistan president

    He has spent more than 11 years in jail, a long time even by the standards of Pakistani politicians, with...

    Initially a background character as Bhutto's consort, Zardari was stained by a bevy of corruption and other allegations

    Between 2008 and 2013, he ushered in constitutional reforms rolling back presidential powers, and the 68-year-old's second term will see him steer a largely ceremonial office.

  • Canada to resume funding UN agency for Palestinians

    Canada has reviewed the investigation's interim report and "we were reassured by the contents," Minister of International Development said. He...

    UNRWA has been at the center of controversy since Israel accused 12 of its employees in January of involvement in the October 7 attack

    About 15 countries, including the United States, Britain, Germany and Japan, suspended funding to UNRWA at the end of January

  • Italy begins probe into OpenAI’s new video tool Sora

    ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched...

    The Italian Data Protection Authority said it was concerned over “the possible implications for the processing of personal data of users.”

    The watchdog said OpenAI -- which also makes chatbot ChatGPT and the image-generating DALL-E -- has 20 days to provide information.

  • US plan for Gaza aid transfer through sea dismissed by UN expert

    In his annual State of the Union address to Congress, President Joe Biden said the US military would "lead an...

    But Michael Fakhri, the United Nations special rapporteur on the right to food, dismissed the measure.

    Neither a pier, nor the increasing airdrops over Gaza would "prevent starvation and famine by any definition", Fakhri said.

  • Zelensky to discuss war, Black Sea security during Turkey visit

    NATO member Turkey has sought to maintain good relations with Moscow and Kyiv throughout the two-year war, with Erdogan pitching...

    NATO member Turkey has sought to maintain good relations with Moscow and Kyiv throughout the two-year war, with Erdogan pitching himself as a key go-between.

    A Turkish diplomatic source told AFP that Ankara "will once again emphasize that our strong support for the territorial integrity, sovereignty and independence of Ukraine.

  • Muslims pray for end to Palestinian suffering as Ramadan nears

    Other parts of the Islamic world may be grappling with their own challenges, from conflicts to high inflation. But many...

    While international mediators were hoping for a truce in time for Ramadan, no breakthrough had come by Friday.

    Much of the territory of 2.4 million people has become a hellscape of bombed-out neighborhoods, emaciated children and mass graves.

  • Dubai’s assets in endowment sector reaches US$2.8bn

    DUBAI, UAE – Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that under the guidance of Vice...

    Dubai witnessed an 18 percent increase in endowment assets compared to the previous year.

    The Crown Prince was briefed on key developments in the field of endowment work in Dubai.

  • Mothers of imprisoned Palestinians from West Bank under great stress

    RAMALLAH, PALESTINIAN TERRITORIES – "I don't sleep anymore," Latifa Abu Hamid said while looking at pictures of her children hanging on...

    Hamid lives in a house in Ramallah, in the occupied West Bank, given to her by the president of the Palestinian Authority, which has its seat in the city.

    Palestinian prisoner advocacy groups say the number of incarcerated Palestinians has jumped from 5,200 before October 7 to about 9,000.

  • Biden warns Israel not to use Gaza aid as ‘bargaining chip’

    Using his annual State of the Union address to deliver some of his strongest comments yet about the five-month-long war,...

    Biden's address was delivered to Congress as hopes dimmed for a new truce after Hamas negotiators left talks to consult with the movement's leadership in Qatar

    US president, who is facing political pressure over his support for Israel despite the worsening humanitarian crisis in Gaza, stressed "no US boots will be on the ground."

  • Spain announces US$21.87m in funding to UN Palestinian refugee agency

    Madrid, Spain--Spain said Thursday it would give an additional $21.87 million to the UN Palestinian refugee agency UNRWA, which is facing...

    UNRWA has been at the centre of controversy since Israel accused about a dozen of its employees of involvement in the Hamas attack on Israel

    Jose Manuel Albares, Spain's Foreign Minister, announced the extra funding at a joint news conference in Madrid with UNRWA chief Philippe Lazzarini