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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-led coalition rejects Iran charges on Yemen envoy evacuation

    Iran's envoy to Yemen, Hassan Eyrlou, died on Tuesday despite being flown out from the Huthi rebel-held capital in a...

    Coalition spokesman Turki Al-Maliki on Wednesday condemned Iran's "defamatory" comments.

    Regional rivals Riyadh and Tehran support opposite sides in several conflict zones across the region, including in Yemen.

  • Saudi Ports Authority announces new direct shipping service to Djibouti

    The Saudi Ports Authority (MAWANI) has announced a new direct shipping service connecting Saudi Arabia to Djibouti, through the container...

    The service will connect Jeddah Islamic Port to Djibouti through the container transport company, Transmar.

    Jeddah Islamic Port is one of the three Saudi ports included in the 2021 edition of Lloyd's List of Top 100 Ports.

  • Libya vote ‘impossible’ Friday: parliament committee

    The vote was intended to mark a fresh start for war-torn Libya a year after more than a decade after...

    The vote was intended to mark a fresh start for war-torn Libya a year after more than a decade after its 2011 revolt that toppled and killed dictator Moamer Kadhafi

    But speculation had been mounting for weeks that the poll would not take place on time, given bitter disputes over its legal basis

  • UN agency says to cut food aid to Yemen for want of funds

    Yemen has been devastated by a civil war between the Saudi-backed government and Iran-backed Huthi rebels since 2014.

    Yemen has been devastated by a civil war between the Saudi-backed government and Iran-backed Huthi rebels since 2014

    The fighting has killed tens of thousands, displaced millions and left some 80 percent of Yemenis dependent on aid

  • Syria war killed 3,700 in 2021, lowest annual toll

    According to figures compiled by the Syrian Observatory for Human Rights, 1,505 of them were civilians and among those 360...

    According to figures compiled by the Syrian Observatory for Human Rights, 1,505 of them were civilians and among those 360 were children

    The figure is by far the lowest tally since the start of the war in Syria and confirms a downward trend that saw 6,800 people killed last year and just over 10,000 in 2019

  • Sharjah Council okays measures for boosting safety of agri products

    The Sharjah Executive Council (SEC) has approved a draft Emiri decree on organizing the Sharjah Classic Cars Club, and a...

    The Council approved draft Emiri decrees on organizing the Sharjah Classic Cars Club and the Sharjah Self-Defense Sports Club.

    The council directs the authorities concerned to equip cadres with the necessary inspection and control skills.

  • The UAE joins SESAME as a member with observer status

    Minister Al Kaabi indicated that the achievement will enhance the nation’s scientific capabilities and enable its scientific and industrial organizations...

    The move will enable scientists, researchers and industrial entities in the UAE to use the center’s specialized laboratories to conduct research and develop local industries.

    SESAME was conceived as an international facility for the benefit of the MENA region to help the region retain and attract scientific and engineering talent.

  • Saudi media says the kingdom supports Yemen’s legitimate government

    The General Authority for Statistics (GASTAT) released the Labor Market Publication, confirming that the unemployment rate of Saudis remained stable...

    Al-Bilad newspaper reported in its editorial that the Kingdom of Saudi Arabia exerts unprecedented efforts in supporting the legitimate government in Yemen.

    Al-Riyadh newspaper reported in its editorial that the addressing of unemployment rate is among the key goals of the Kingdom of Saudi Arabia's vision 2030.

  • Natural gas prices hit fresh record peaks on strong winter demand

    European and UK gas prices rocketed Tuesday to all-time highs on strong winter demand and simmering geopolitical tensions between key...

    European and UK markets beat previous records from October. They are currently about eight times greater than at the start of 2021.

    Runaway spot gas prices, alongside other buoyant commodities including crude oil, have fueled mounting concern about spiking inflation worldwide.

  • Qatar seizes rainbow-colored toys it deems ‘un-Islamic’

    Authorities in Qatar, host of next year's football World Cup, have confiscated a line of children's toys from stores deeming...

    The ministry of commerce and industry "carried out inspection campaigns on several retail outlets in different regions across Qatar.

    Qatar hosted the Arab Cup recently and has started preparations for hosting the World Cup next year.

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