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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.
  • Abu Dhabi crown prince makes first Turkey visit in decade

    Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday,...

    Erdogan greeted Sheikh Mohammed on the ceremonial blue carpet at the presidential palace

    The groundwork was laid for the rapprochement with a visit in August by a UAE delegation

  • Five killed in Israel strikes on Syria: monitor

    Israeli strikes targeting a part of Syria where fighters loyal to Lebanon's Hezbollah are based killed five people Wednesday, a...

    The Israeli missiles struck an area near three villages in the west of Homs province

    Three Syrian soldiers as well as two Syrian militiamen were killed in the early morning strikes

  • No progress in talks with Iran, says IAEA chief after Tehran visit

    Rafael Grossi told a quarterly meeting of the agency's board that his talks in Tehran were "inconclusive", despite being "constructive"....

    Iran and the IAEA have a temporary pact which gives the IAEA access to monitoring equipment at Iran's nuclear facilities.

    In 2019, Iran began moving away from its commitments after the US pulled out unilaterally and reimposed sanctions.

  • UAE energy ministry intensifies monitoring of liquefied natural gas shipments

    The UAE's Ministry of Energy and Infrastructure said on Wednesday that it is intensifying inspections of liquefied natural gas (LNG)...

    LNG cargoes that fall short of the standards pose a threat to the community safety and impinge on the profitability of national companies, a ministry official said.

    The ministry is keen to enhance corporate awareness about the procedures adopted by the UAE to regulate the transportation of oil derivatives.

  • Turkish women fearful after treaty exit

    Turkish women feel more vulnerable and legally unprotected since Turkey withdrew from a convention that activists argued helped deter male...

    The landmark Istanbul Convention came into force in 2014 and laid the way for a Europe-wide legal framework to tackle, prevent and prosecute violence against women

    Turkey abruptly withdrew in March following a decree by President Recep Tayyip Erdogan

  • Yemen war will have killed 377,000 by year’s end: UN

    Most of those killed by the war's indirect effects were "young children who are especially vulnerable to under- and malnutrition."

    Most of those killed by the war's indirect effects were "young children who are especially vulnerable to under- and malnutrition."

    A Saudi-led coalition intervened in Yemen in early 2015 to shore up the government after Iran-backed Huthi fighters seized the capital Sanaa months before

  • Biden invites around 110 countries to virtual summit on democracy

    Among the countries of the Middle East, only Israel and Iraq will take place in the online conference, scheduled for...

    Among the countries of the Middle East, only Israel and Iraq will take place in the online conference, scheduled for December 9-10

    In Africa, the Democratic Republic of Congo, South Africa, Nigeria and Niger are among the countries on the list

  • AFESD signs $33m deal to fund water and electricity project in Bahrain

    The Arab Fund for Economic and Social Development (AFESD) signed a deal worth KD ten million ($33 million) with Bahrain...

    Bahrain moving ahead with advancing economic development, Finance Minister Sheikh Salman bin Khalifa said.

    The project will contribute to maintaining the service provided by the Electricity and Water Authority.

  • Iraqi delegation to visit Geneva, discuss country’s WTO accession

    Iraq is making efforts towards joining the World Trade Organization and its Minister of Trade will visit Geneva to discuss...

    The delegation is likely to reach an agreement with European trade ministers.

    Iraq needs to pass laws and legislation on many topics, including the economy and customs, a trade ministry spokesman said.

  • UK apology over Gulf War ‘human shields’ flight

    Passengers on BA flight 149 were taken off the Kuala Lumpur-bound plane when it landed in the Gulf state on...

    Some of the 367 passengers and crew spent more than four months in captivity, including as human shields at the hands of the Iraqi dictator.

    The former hostages have long sought answers about what the government in London knew and when.

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