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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.
  • UNESCO declares Dec 2, UAE’s National Day, as World Futures Day

    UNESCO's choice of December 2, the National Day of the UAE, as World Futures Day, is a sign of appreciation...

    The international recognition of the UAE as a country for the future places responsibility 'on us' to develop capabilities, says UAE Prime Minister.

    The decision reflects UAE's global position as a model for development based on building and forging the future, says UAE minister.

  • Russia-Islamic world cooperation meeting in Jeddah

    Joint cooperation in dealing with regional and international issues was discussed at the meeting in Jeddah.

    Saudi king Salman said there are opportunities to form strong economic partnerships between Russia and the Islamic world

    Russian President Vladimir Putin conveyed that his country stresses on developing friendly ties with Islamic nations

  • Qatar approves draft social security and military retirement laws

    Qatari cabinet has approved draft social security and military retirement laws aimed at establishing "an effective social protection system for...

    The draft laws call for expanding the scope of insurance coverage to include all citizens working in the public and private sectors.

    The draft laws recommend that the minimum pension shall not be less than QR15,000 ($4,119).

  • Lebanon to travel agents: Stop advertising Belarus

    Tourism Minister Walid Nassar said the move was aimed at preventing Beirut from being used as a departure point.

    Thousands of migrants -- including from Lebanon, Syria and Iraq -- have been massing at Belarus' border with Poland, hoping to seek asylum in the EU.

    The West accuses Belarus of creating the crisis by bringing in would-be migrants and taking them to the border with promises of an easy crossing into the bloc.

  • Qatar fund, FAO join hands for climate action in Somalia

    The fund will collaborate with the UN agency to build climate-resilience and take shock-informed anticipatory action.

    Somalia is said to be highly vulnerable to recurrent shocks, with colliding and cumulative effects

    It has been recurrently affected by droughts, flash and riverine flooding, cyclones, locusts, disease outbreaks, and conflict

  • Iran accused of stalling redress for downed Ukraine flight

    The Islamic republic shot down Ukraine International Airlines flight PS752 shortly after take-off from its capital Tehran on January 8,...

    The Islamic republic shot down Ukraine International Airlines flight PS752 shortly after take-off from its capital Tehran on January 8, 2020

    Three days later, it admitted that its forces had mistakenly targeted the Kiev-bound Boeing 737-800 plane

  • UAE announces $10 billion fund for investments in Turkey

    Erdogan greeted Sheikh Mohammed on the ceremonial blue carpet at the presidential palace in Ankara on Wednesday before they went...

    The fund's aim was "to support the Turkish economy and boost bilateral cooperation between the two countries," the official Emirati news agency WAM said

    The main focus of the fund will be on "strategic investments", especially in sectors including energy, health and food, WAM reported

  • Libya poll panel rejects Gaddafi son’s presidential bid

    The election commission said presidential candidates should have a clean criminal record, with the country’s election law saying that hopefuls...

    Saif al-Islam Gaddafi had been sentenced to death by a Tripoli court for crimes committed during the revolt that toppled his father

    He was later pardoned by a rival administration in eastern Libya

  • ‘No progress’ on eve of Iran nuclear talks: UN Atomic Agency

    Rafael Grossi, director general of the International Atomic Energy Agency (IAEA) said the talks he held in Tehran on Tuesday...

    Rafael Grossi, director general of the International Atomic Energy Agency (IAEA) said the talks he held in Tehran on Tuesday were "inconclusive" despite being "constructive".

    "In terms of the substance... we were not able to make progress," Grossi told reporters, saying that the lack of agreement had come "in spite of my best efforts".

  • Israel, Morocco sign security deal as minister visits

    The Morocco deal came as Gantz made the first visit by an Israeli defence minister to the North African kingdom....

    Israel has several security MoUs with allied nations, but the Morocco deal marks the first-of-its-kind agreement with a majority Arab nation

    Tel Aviv has now full diplomatic relations with only four Arab countries: Egypt, Jordan, the United Arab Emirates and Bahrain

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