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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.
  • RewirEd Summit concluded at Expo 2020 Dubai

    The RewirEd Summit sponsored by Etihad Airways and Hettich in Expo 2020 Dubai concluded yesterday with a series of major...

    The RewirEd Declaration launched by UNESCO and Dubai Cares on Connectivity for Education was the key announcement of this summit

    The UAE was praised by all the five presidents along with 45 ministers in the summit for delivering quality education

  • Armed with drones, Turkey explores African arms sales

    Ankara already has a military base in Somalia, and Morocco and Tunisia reportedly took their first delivery of Turkish combat...

    The two-day Turkey-Africa partnership summit starting Friday comes fast on the heels of a top-level business forum in October that focused on investment and trade

    Leaders and top ministers from 39 countries -- including 13 presidents -- have confirmed attendance, with Erdogan set to make a speech on Saturday

  • UAE taps Harvard lab to help build its economy

    The new partnership between Harvard university’s Growth lab and the UAE’s Ministry of Economy is in line with the government’s...

    The UAE signed agreement with Harvard’s Growth Lab, specialized in theoretical and empirical research on determinants of growth

    The two-year program under the agreement will see academic experts conduct evidence-based economic analyses and research

  • Blinken says US still prepared to sell jet fighters to UAE

    The $23 billion arms package was pushed through by former president Donald Trump in what was seen as a reward...

    "We remain prepared to move forward... if that is what the Emiratis are interested in doing", Blinken said while speaking during a visit to Malaysia

    Asked about the conditions the US has set, he did not give precise details, but said Washington wanted to ensure that Israel maintains its "military edge"

  • UN calls on US, Iran to return to terms of 2015 nuclear deal

    The deal has been on life support since 2018, when former president Donald Trump pulled the US out of the...

    The deal has been on life support since 2018, when former president Donald Trump pulled the US out of the accord

    Indirect negotiations between Iran and the US mostly carried out by European powers, resumed at the end of November in Vienna

  • GCC Summit issues Riyadh Declaration

    The region’s common economic, defense and security integration and unity and coordinating stances were reviewed at the 42nd GCC Summit.

    They Gulf leaders seek to enhance solidarity and stability among GCC member states

    The Supreme Council will hold its 43rd session under Oman’s presidency

  • Can the landmark 2015 Iran nuclear deal be revived?

    International diplomats have been cloistered in a Vienna hotel discussing how to salvage a deal that was intended to prevent...

    If the talks collapse, Tehran could move further away from its commitments, while Western allies could be expected to toughen sanctions.

    Among the key sticking points are precisely which sanctions Washington will lift and the guarantees demanded by Iran to safeguard against future changes of heart from the US.

  • Political divisions, lack of candidates’ list cast shadow on Libya polls

    Libya is to hold its first-ever presidential elections late next week, but the lack of a final list of candidates...

    The elections follow months of bitter disputes over their legal basis and who may stand, with several divisive figures in the running.

    The election is part of a United Nations-led peace process, following a landmark October 2020 ceasefire between eastern and western camps.

  • No presence of American combat forces in Iraq, says the White House

    The remaining coalition forces in Iraq will be present at the invitation of the government only to provide advice, assistance...

    The Assistant to the President Brett McGurk says coalition forces will be present at the invitation of the government for various purposes.

    Iraq's NSA Qassim Al-Araji said that relationship with the international coalition will continue in the field of training, advice and empowerment

  • Qatar Red Crescent Society and Jordan to treat Syrian refugees, underprivileged

    Hammadi talked about Boosting joint efforts in terms of mobilizing resources and support in Qatar to contribute to the treatment...

    Princess Ghida thanked Qatar and expressed her appreciation for the QRCS for its belief in KHCF and KHCC's missions

    Sheikh Saud bin Nasser bin Jassim Al Thani, said this cooperation between both the parties reflects a humanitarian duty

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