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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.
  • Cooperation, security remain focus of GCC summit

    The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity.

    The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity

    The 42nd session of the Supreme Council of the GCC countries, chaired by Saudi Arabia, seeks to strengthen the process of cooperation

  • Syrian refugees stranded in Gaza ‘prison’ for a decade

    More than half of Gaza's roughly two million population are descended from Palestinian refugees who fled their homes when Israel...

    Gaza may seem an unlikely destination for those fleeing conflict

    The coastal Palestinian territory has been blockaded by Israel since 2007 when Hamas took power

  • UAE honored with UN Public Service Award for government modernization

    The UN has awarded the UAE with the United Nations Public Service Award in recognition of its role in government...

    The award also came in recognition of the UAE’s achievements building new models of future governments.

    The award ceremony was attended by Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, and Catherine Pollard, Under-Secretary-General.

  • Abraham Accords established deep relations in the region: Israel PM

    Bennett was speaking on the outcomes of the Abraham Accords Peace Agreement between the UAE and Israel.

    Israel’s PM marked his first visit to the UAE within a very short period after the signing of the Abraham Accords

    Naftali Bennett said that the relations that bind the State of Israel with the United Arab Emirates cover every possible field

  • An Iraqi party files a fraud case against Iraq election results

    A case filed by the Hashed al-Shaabi former paramilitary alliance contesting its defeat in Iraq's October 10 parliamentary election opened...

    Judge Jassem Mohamed Aboud, whose court must rule on the complaint before final results are ratified and a new parliament is inaugurated, adjourned the case until December 22

    Shiite Muslim firebrand cleric Moqtada Sadr was declared on November 30 as the biggest winner of the election

  • Jordan, Netherlands sign €5m rainwater pact

    The project aims to devise proper legislation, and setting up of rainwater harvesting catchment areas as well as smart farms.

    The project comprises 4 main components with the aim of devising proper legislation, and setting up of rainwater harvesting catchment areas as well as smart farms

    In a statement, secretary-general of the water ministry Jihad Mahamid stressed that Jordan is a global "trailblazer" in rainwater harvesting projects

  • Saudi Arabia, Egypt sign MoU to enhance anti-corruption cooperation

    Saudi Arabia’s Oversight and Anti-Corruption Authority and Egypt’s Administrative Control Authority have joined hands for international cooperation.

    The MoU is expected to facilitate exchanging expertise and information related to corruption crimes

    It is also expected to lead to the development of the institutional capacity of the two countries in this field

  • Israel PM Bennett meets Abu Dhabi crown prince

    This is the first official visit by an Israeli prime minister to the UAE. It comes a year after the...

    The UAE last year became the third majority Arab nation to establish full diplomatic with Israel, after its neighbors Egypt and Jordan.

    Bahrain and Morocco then followed as part of a series of deals brokered by former US president Donald Trump.

  • Iran will help in reconstruction of Syria, considers it ally: Official

    Iran's Vice President for parliamentary affairs, Mohammad Hosseini said his country stood by Syrian people and government to the best...

    Hosseini made the remarks on Saturday in a meeting with Syria's ambassador to Tehran Shafiq Dayoub

    The official said he hoped the US troops would leave Syria and Iraq at the earliest, as they were forced to leave Afghanistan after 20 years

  • Saudi Port launches transshipment service linking Dammam with many ports

    MAWANI also aims to attract a major share of the global transshipment operations to Saudi ports by implementing several projects...

    The service is launched in partnership with Saudi Global Ports Co and the international shipping line Orient Overseas Container Line.

    The Saudi Ports Authority seeks to raise the Kingdom's share in the transshipment market from the present 21 percent to 50 percent by 2030.

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