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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.
  • France to open classified Algerian War archives

    The files cover criminal investigations during the 1954-1962 war of independence and are likely to confirm the widespread use of...

    The files cover criminal investigations during the 1954-1962 war of independence and are likely to confirm the widespread use of torture and extra-judicial killings by French force

    The announcement comes as France seeks to defuse a major diplomatic crisis between the two countries

  • Saudi prince ends GCC tour with Kuwait

    Saudi Arabia and Kuwait pledged to enhance bilateral cooperation and coordination in security, military, and economy.

    The two countries agreed to boost all means of cooperation on international climate policies

    They are expected to do this by implementing the Green Middle East Initiative launched by the Saudi crown prince

  • Qatar and ExxonMobil sign Cyprus gas deal despite Turkey opposition

    US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided...

    It is the second gas exploration contract that the consortium has signed for Block 5 in the island's Exclusive Economic Zone.

    In February 2019, the consortium discovered a huge natural gas reserve off Cyprus in Block 10, the island’s largest find to date.

  • UAE elected to Council of International Maritime Organization for third time

    The UAE has been re-elected to the Council of the International Maritime Organisation (IMO) in the Category B membership for...

    The results of the election were announced during the 32nd session of the IMO Assembly in London.

    UAE ranks fifth as a key competitive maritime hub and 13th globally in Port Performance and Efficiency Index.

  • Egypt pledges support to Lebanon after Sisi-Mikati meeting

    Egypt has pledged support to Lebanon "at all levels" and stressed that it needs "political accord" to reawaken from the...

    Egyptian President said 'he gave directions to the relevant ministries to take care of all Lebanon’s demands'.

    Sisi stresses on the need for political accord in Lebanon to reawaken from the setbacks.

  • Saudi Arabia, Singapore to enhance cooperation in digital economy

    The Kingdom and Singapore seek to activate the partnership by signing a memorandum of understanding for digital cooperation.

    The Kingdom and Singapore seek to activate the partnership by signing a memorandum of understanding for digital cooperation

    The two countries also aim to improve bilateral relations in the field of communications, information technology and the digital economy

  • ICANN looks to break language barriers on the internet

    In the long-run universal acceptance of all languages on the internet is expected to be good for business by allowing...

    Large parts of the internet remain incompatible with writing systems other than the Latin alphabet

    Many US websites, for example, would not allow a purchase or subscription if you entered an email address in Tamil or Hebrew

  • Saudi Arabia, Bahrain review ways to boost ties

    The two countries are seeking to establish a regional complex for the extraction, use, and storage of carbon.

    The two sides agreed to enhance cooperation on international climate policies

    They will also look to focus on emissions rather than sources through the application of the Circular Carbon Economy approach

  • Iraq bombing targeted officer who was probing activists’ deaths

    At least four civilians were killed and four others wounded in Tuesday's motorcycle bombing near a hospital in central Basra....

    Iraq has seen protests since October 2019, over allegations of rampant corruption and high unemployment rates

    Since then, dozens of activists and protesters have been targeted in assassinations or attempted killings

  • Iraq holds funeral for Yazidi mass grave victims of IS

    After Iraqi authorities declared victory over the jihadists in 2017, scores of mass graves were discovered across the country, including...

    After Iraqi authorities declared victory over the jihadists in 2017, scores of mass graves were discovered across the country, including in the Sinjar town of Kojo

    The first of several mass grave was exhumed in Kojo in mid-March 2019, followed by a long and painstaking process of identifying the remains

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