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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.
  • Dubai introduces ‘electronic notary public’ after amending the law

    Dubai has introduced an automated system that performs the duties of the notary public without human interference and does away...

    The automated notary public has been introduced as part of Dubai’s smart government transformation.

    Companies providing notary public services are now required to inform Dubai Courts about licensed individual notaries public working in the company.

  • Saudi Arabia to allow expats of six countries direct entry from Dec. 1

    Saudi Arabia will allow direct entry of fully vaccinated expatriates from Indonesia, Pakistan, Brazil, Vietnam, India and Egypt from December...

    People from Indonesia, Pakistan, Brazil, Vietnam, India and Egypt need not spend 14 days in transit outside their countries before entering the kingdom.

    They will have to spend a five-day quarantine regardless of their vaccination status.

  • Iran official visits Kuwait and UAE ahead of Monday’s nuclear talks

    The visit by Ali Bagheri, Tehran's chief nuclear negotiator, is the first to Gulf Arab states by an official of...

    Talks to restore the 2015 nuclear deal between Iran and world powers are due to resume in Vienna on Monday.

    The deal has been gradually disintegrating since former US president Donald Trump unilaterally withdrew from it in 2018.

  • UAE general wins Interpol presidency for a 4-year term

    Major General Ahmed Nasser al-Raisi of the United Arab Emirates has been elected as the new President of Interpol, according...

    He was elected by Interpol representatives (from its 140 member states) at a meeting in Turkey on Thursday

    The appointment makes him the first candidate from the Middle Eastern region to be elected into the position since the founding of Interpol

  • Kuwait MP Hamad Al-Matar elected Inter-Parliamentary Union panel’s member

    Kuwaiti MP Dr Hamad Al-Matar has been elected as a member of the Inter-Parliamentary Union (IPU)'s Committee on Sustainable Development,...

    Al-Matar would be one of 18 members of IPU's Committee on Sustainable Development from across the world.

    Arab parliamentarians elected Al-Matar at a meeting that discussed the Palestine question also.

  • Qatar wins most votes to be a member of WHC

    Qatar was elected as a member of the World Heritage Committee for four years, after securing 114 votes during the...

    Qatar received the highest number of votes among the candidate countries for the open seats, with 114 votes, followed by Belgium with 103 votes

    Permanent Representative of Qatar to UNESCO Dr. Nasser bin Hamad Al Hanzab affirmed Qatar's pride in joining the World Heritage Committee

  • 193 countries adopt first global pact on Artificial Intelligence ethics

    All member nations of UNESCO adopted on Thursday a historical text that defines the common values and principles needed to...

    The Recommendation on Ethics of AI sets the first global normative framework while giving countries the responsibility to apply it at their level.

    Until the pact, there were no universal safeguards against ethnic bias, privacy threats, dangers of mass surveillance: UNESCO.

  • Israel Aerospace Industries to open office in UAE

    The new office will strengthen IAI's growing cooperation with the local and regional governments, industries, companies, and academia, and will...

    The office opens following the company's historic participation at the Dubai Airshow

    The development is a testament to IAI’s growing collaboration with the UAE and the region as a whole

  • Iraq sends planes to Belarus to collect over 600 migrants

    Hundreds of Iraqis, most of them Kurds, returned home last week on a voluntary repatriation flight from Belarus.

    Hundreds of Iraqis, most of them Kurds, returned home last week on a voluntary repatriation flight from Belarus

    On Nov 18, a total of 431 Iraqis were flown back home from Belarus, many returning with mixed feelings

  • Three Lebanese judges resign over ‘political meddling’

    A probe into the Beirut port explosion has exposed the extent of such interference, with top officials mounting court challenges...

    The head of the country’s top court has yet to approve the resignations and has called for the matter to be discussed in a meeting.

    Among those who resigned this week is a judge who turned down a request by an official to remove the investigator.

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