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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.
  • Iraqi cleric Sadr’s bloc declared biggest election winner

    Iraq's Shiite Muslim firebrand cleric Moqtada Sadr was Tuesday confirmed the biggest winner of last month's parliamentary election that had...

    A distant second in the Shiite camp with 17 seats was the Fatah (Conquest) Alliance

    The final results must now be sent to the federal court for ratification

  • UAE vows to ease suffering of victims of human trafficking

    The UAE has affirmed its commitment to assist in the efforts to ease the suffering of victims of human trafficking,...

    Gargash highlighted the importance of similar regional and international forums that focus on the keenness of countries working together to eliminate this crime

    He also thanked Saudi Arabia for hosting the forum, as well as Bahrain for performing the duties of its standing secretariat-general

  • Turkey jails opposition party politician: reports

    A well-known Turkish defense analyst and founder of the opposition Democracy and Progress Party (DEVA), Metin Gurcan, has been jailed...

    Turkish police detained him on Friday

    Gurcan was then jailed on Monday, according to the private NTV broadcaster

  • Macron urges Iran’s Raisi to respect nuclear obligations

    French President Emmanuel Macron has called on his Iranian counterpart Ebrahim Raisi to return to fulfilling Tehran's obligations under the...

    In telephone talks Macron urged Raisi to engage in a "constructive manner" in the talks that resumed after a suspension of almost half a year

    European powers are seeking to revive the Joint Comprehensive Plan of Action (JCPOA) that has been moribund since the United States walked out in 2018

  • Pakistan backs Saudi bid to convene OIC session on Afghanistan

    Pakistani Foreign Minister Shah Mahmood Qureshi said in a statement on Monday that his country supports the Kingdom's initiative.

    Pakistani Foreign Minister Shah Mahmood Qureshi said in a statement on Monday that his country supports the Kingdom's initiative

    Extraordinary Session of the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers will discuss the humanitarian situation in Afghanistan

  • OPEC+ meets under pressure from Biden and Omicron

    The meeting "is shaping up to be one of the most significant since the pandemic demand recovery began, and the...

    Biden called it a "major initiative", with analysts estimating the injection at between 65 and 80 million barrels, including 50 million from the United States alone.

    The group said earlier this month it planned to boost output by 400,000 barrels per day in December, despite a room for manoeuvre that is 10 times greater

  • Pressure mounts on Syria, Russia over chemical weapons

    Syria denies the use of chemical weapons and insists it has handed over its weapons stockpiles under a 2013 agreement...

    Syria denies the use of chemical weapons and insists it has handed over its weapons stockpiles under a 2013 agreement with the US and Russia

    Syria was stripped of its OPCW voting rights in April after a probe blamed it for further poison gas attacks

  • WHO calls for treaty to shield against next pandemic

    WHO director-general Tedros Adhanom Ghebreyesus said another disastrous pandemic was bound to happen unless countries strengthened global defenses.

    WHO member states reached a consensus Sunday on kick-starting the process towards a pandemic treaty.

    The draft decision was secured after countries agreed to compromise, notably, the US which is lukewarm on whether the outcome needs to be a legally-binding treaty.

  • Iran says ‘firmly determined’ to salvage nuclear deal

    The government has shown its willingness and seriousness by sending a quality team known to all. If the other side...

    The 2015 agreement offered a lifting of some of the array of economic sanctions in return for strict curbs on its nuclear program.

    But the deal began falling apart in 2018 when then US president Donald Trump pulled out and began reinstating sanctions.

  • An assembly of Global Public Diplomacy kicks off in Qatar

    The seventh General Assembly of Global Public Diplomacy Network will get underway in Katara, chaired by Qatar.

    The meeting is scheduled to witness modifications in the development of the network's structure, and to lay out a vision for its strategy in expanding the areas of cooperation

    It will also witness the joining of seven new countries (Bulgaria, Albania, Romania, Tajikistan, Ghana, Rwanda, and Palestine)

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