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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.
  • Aramco taps L&T for Saudi facility

    Spread over 120,000 square meters of area, the facility which is to construed by L&T aims to create crucial equipment...

    L&T is to build the region’s first Heavy Wall Pressure Vessels facility at Jubail Industrial City

    More than 20 MoUs were signed under the Namaat program of Aramco in September 2021

  • ICJ orders Armenia and Azerbaijan to resolve dispute

    Tensions have simmered for years over Nagorno-Karabakh, an ethnic Armenian region of Azerbaijan that broke away from Baku's control in...

    International court of Justice tells Azerbaijan to treat all Armenian prisoners lawfully

    Azerbaijan welcomed the ruling of ICJ, which was first formed to resolve the disputes of World War II

  • US imposes sanctions on Iran

    The sanctions announced by the US Treasury and State Department targeted government officials and organizations.

    The US treasury hit sanctions on Iran, Uganda and Syria for increasing political repression and execution of its own citizens

    Iran agreed to sign nuclear accord in 2015 with the US, UK, France, China, Russia and Germany

  • Saudi Arabia, UAE discuss ways to boost relations

    UAE President Sheikh Khalifa bin Zayed Al Nahyan conferred the “Order of Zayed” on Saudi crown prince Mohammed bin Salman...

    Abu Dhabi crown prince Sheikh Mohamed welcomed and Saudi crown prince Mohammed bin Salman to the UAE

    Saudi crown prince is in Abu Dhabi as part of his tour of the GCC countries

  • Qatar, Turkey sign 11 new agreements

    The signing is to take place at the 7th session of the Supreme Strategic Committee between the two countries.

    The signing is to take place at the 7th session of the Supreme Strategic Committee between the two countries

    Qatar is also working alongside Turkey and the interim government of Afghanistan to reach an agreement to restart the normal operation of Kabul Airport

  • Israeli air strike hits Syrian port of Latakia

    An Israeli air strike hit a shipment of Iranian weapons in the Syrian port of Latakia Tuesday, in the first...

    The Israeli raid "directly targeted an Iranian weapons shipment in the container yard," the Syrian Observatory for Human Rights said

    Syrian state media reported the strike on the container yard at Latakia port without specifying what was targeted

  • Algeria pledges $100m aid to Palestine as Mahmud Abbas visits

    The announcement came as Palestinian leader Mahmud Abbas visited Algiers on Monday.

    Algeria's President Abdelmadjid Tebboune said the funding was in line with his people's commitment to support the Palestinian cause

    He said he would also put the Palestinian cause at the center of the Arab League summit, which Algeria is hosting in March next year

  • Iran says hopes to turn page in ties with UAE

    Iran expressed hopes Monday to turn the page in its ties with the United Arab Emirates during a rare visit...

    The trip was the first of its kind since relations between the two countries were downgraded in 2016.

    His visit also included a meeting with ultraconservative Iranian President Ebrahim Raisi, state media said

  • Turkey, Qatar vow joint push to reopen Kabul airport

    Turkey and Qatar on Monday raised the possibility of jointly operating Afghanistan's Taliban-controlled airport, as President Recep Tayyip Erdogan set...

    Afghans and foreign nationals fled the country through the facility as the hardline Islamist movement took power in August following two decades of war

    "We are going to act together," Turkish Foreign Minister Mevlut Cavusoglu told a joint press briefing with his Qatari counterpart

  • Time to decrypt internet speed in Arab world

    This week's TRENDS infographic tries to find out where do Arab countries stand in terms of the speed of broadband...

    The internet connectivity is a cornerstone to business, education, financial literacy, access to employment and health care through telemedicine

    This TRENDS infographic tries to find out where do Arab countries stand in the latest Speedtest index.

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