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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.
  • ‘Cold will kill us’ – Yemen’s fleeing families face desert winter

    More than 45,000 people have been displaced by the fierce fighting in Marib province in the past two months.

    More than 45,000 people have been displaced by the fierce fighting in Marib province in the past two months

    The UN children's agency said it was supporting more than 7,500 people in the camp by providing clean water, hygiene kits and portable toilets

  • Morocco halts incoming passenger flights over Covid variant

    Morocco will halt incoming passenger flights for two weeks starting Monday night amid concern over the spread of a new,...

    The announcement came hours after Israel said it would be closing its borders to foreign tourists from Sunday evening.

    Morocco has officially recorded around 950,000 Covid-19 cases and more than 14,500 deaths.

  • $1.03 billion Dubai housing project unveiled by Sheikh Mohammed bin Rashid

    A total of 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas under AED3.8...

    Sheikh Mohammed said providing quality housing for the public remained key to the UAE's plans.

    A total of 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas.

  • Turkey and Turkmenistan to scale up bilateral trade to $5bn

    Turkey and Turkmenistan have set themselves the target of scaling up the bilateral trade to $5 billion, as two countries...

    The official visit came just weeks after Turkey hosted Berdimuhamedow as an observer at an Organization of Turkic States summit in Istanbul

    The two countries agreed to accelerate their relations in such fields as education, culture, youth, and sports

  • US Navy rescues Iran seamen from Gulf of Oman

    A US Navy arrived also helped the Iranian seamen with food, water, and medical care.

    The two men were transported to an Omani coastguard vessel near the capital Muscat

    The mariners were in good health and spirits at the time of the transfer, said the US Navy

  • Israel closes borders to all foreigners over Omicron

    It was only four weeks ago that Israel reopened its borders to foreign tourists after a prolonged closure due to...

    Israeli citizens will be required to present a negative PCR test and quarantine themselves for three days if they have been vaccinated

    The number of days of quarantine goes up to seven if they have not been vaccinated

  • Netherlands to help Unesco fund Lebanon media to cover polls

    The Netherlands will provide support to the Lebanese media to ensure access to and delivery of reliable information for voters.

    The project is expected to support “free, plural, and fair elections in Lebanon”

    The funds are expected to be allocated by Unesco over the next few months

  • Algeria election another test for president Tebboune

    Tebboune has vowed to reform state institutions inherited from Bouteflika, who died in September at the age of 84.

    Tebboune launched a 17-member committee in January 2020 to draft a new constitution for Algeria

    After a contentious election denounced by the country’s protest movement, Tabboune became the president of Algeria

  • Iraq, Turkey discuss financial and banking relations

    Governor of Central Bank of Iraq called on his Turkish counterpart, to "provide facilities to Iraqi banks in a way...

    Governor of Central Bank of Iraq called on his Turkish counterpart to facilitate the settlement of the trade balance between the two countries

    His Turkish counterpart said that the Central Bank of Turkey was "ready to open the doors of cooperation and facilitate banking operations between the two countries."

  • Arab countries ban travel from African nations

    The United States and several European countries have taken similar steps, banning travel from at least seven southern African countries....

    MENA countries have blocked travel from seven southern African nations as a precautionary measure

    The countries are South Africa, Namibia, Botswana, Zimbabwe, Mozambique, Lesotho, and Eswatini

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