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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.
  • Biden rings the alarm on state of democracy worldwide

    "Make no mistake, we're at a moment of democratic reckoning," said Uzra Zeya, the Under Secretary of State for Civilian...

    The two-day event was billed by the White House as US leadership in an existential struggle between democracies and powerful autocracies or dictatorships

    The two-day event was billed by the White House as US leadership in an existential struggle between democracies and powerful autocracies or dictatorships

  • One in four Iraqi exposed to danger of unexploded ordnance

    In the northern Iraqi hamlet of Hassan-Jalad, almost every family has a story to tell about a time when a...

    Explosive remnants of war affect more than 3,200 square kilometers (1,235 square miles) of land -- twice the area of London.

    A staggering 8.5 million Iraqis live amid these deadly waste-products of war, said UN Mine Action Service.

  • Morocco state schools fail students, deepen inequality

    The High Council for Education has said that government schools "are not giving the majority of pupils basic skills or...

    The situation has pushed many, including middle-class families, to tighten their belts so they can scrape together fees for private schools.

    Just nine percent of students in state secondary schools pass exams in French, Arabic and mathematics

  • UAE’s curtailed working week rule welcomed

    UAE is the first country in the world to offer a national work week that is shorter than the five-day...

    Government entities will have 7:30am-3:30pm workdays from Monday to Thursday, while working hours in the private sector may last till after 5pm.

    The new system will allow federal authorities to use flexible working hours and the remote work system on Fridays.

  • As thaw sets in, Qatar and Saudi Arabia review ties

    Qatar's emir Sheikh Tamim bin Hamad Al-Thani and visiting Saudi Crown Prince Mohammed bin Salman discuss ways to support and...

    This is Saudi Crown Prince's first visit to Qatar after relations were fully restored in January following a landmark summit in the Saudi desert city of Al-Ula.

    Saudi Arabia, the UAE and Bahrain cut all links with Qatar in June 2017, alleging it backed radical groups and was too close to Tehran -- allegations Doha denied.

  • Top French Diplomat visits Algeria to mend relations

    Addressing journalists after meeting President Abdelmadjid Tebboune, Jean-Yves Le Drian said the countries should move past "misunderstandings" and "wounds of...

    Macron, France's first leader born after the colonial era, has prioritized forging a modern relationship with former colonies.

    Earlier this year, he recognized that French officers tortured and killed Algerian lawyer Ali Boumendjel in 1957.

  • UAE biggest trading partner of Australia, relations between two growing

    The UAE is Australia’s largest trading partner and the second-largest source of investment in the Middle East, said Justin McGowan,...

    Annual trade between the two countries is valued approximately at AU$9.8 billion ($7.1 billion).

    More than 250 Australian companies are based in the UAE, said Justin McGowan, Commissioner General of Australia at Expo 2020 Dubai.

  • Dubai’s carbon emissions have fallen by 22 percent in 2019

    Dubai's carbon emissions have fallen by 22 percent in 2019, reflecting the efforts made by its strategic partners to support...

    Dubai Supreme Council of Energy discusses a resolution to achieve carbon neutrality by 2050.

    The meeting also discussed the implementation of a resolution to regulate district cooling services in Dubai.

  • UAE tops Bloomberg’s monthly Covid Resilience Ranking for Nov 2021

    UAE has risen to the top spot on Bloomberg's Covid Resilience Ranking, dethroning Europe that has been dominating the top...

    A Bloomberg report said UAE one of the only seven countries that never fell into the bottom half of the Ranking.

    Iraq jumps 21 spots after community mobility surged and domestic life normalized.

  • UAE signs air transport MoU with Colombia

    The UAE’s General Civil Aviation Authority represented the country in the signing of the deal.

    This MoU is expected to enhance the air connectivity between the two countries

    It will let the national carriers of both countries initiate the operation of scheduled passenger and all-cargo flights

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