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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.
  • Iran says hopes for ‘constructive’ visit by chief of UN’s nuclear watchdog

    Rafael Grossi, head of the International Atomic Energy Agency was expected to meet Foreign Minister Hossein Amir-Abdollahian and Atomic Energy...

    On Friday, the IAEA said Iran's stockpile of highly enriched uranium was above the limit laid down in the 2015 agreement.

    Grossi was last in Tehran on Sept.12, where he clinched a deal on access to monitoring equipment at Iran's nuclear facilities.

  • Sudan PM Hamdok reinstated after coup; allies cheer

    Sudan's deposed prime minister Abdalla Hamdok and General Abdel Fattah al-Burhan, who ousted him a month ago, signed a breakthrough...

    The UAE, welcoming the move, said in an official statement that it “wished full success for all Sudanese parties in their next endeavors”

    The OIC also welcomed the agreement, with its Secretary-General Hussein Ibrahim Taha praising the country’s “return to the constitutional path”

  • Dbeibah: Businessman thrust into turmoil of Libya politics

    Dbeibah is a Canadian-educated business tycoon who has used his post to build a solid popular base. He was elected...

    It was a surprise victory for a man who was once a member of the inner circle of dictator Moamer Kadhafi.

    Dbeibah is seen as close to Ankara and to the Muslim Brotherhood, and he heads a company with subsidiaries across the world.

  • Nokia, UNICEF and Organge Foundation to empower Morocco youth

    As part of UNICEF’s UPSHIFT program, Nokia has agreed to a partnership with Orange Foundation and UNICEF to empower marginalized...

    The three will partner under UNICEF's UPSHIFT program featured as part of the World Bank's Solutions for Youth Employment.

    At least 1400 young people, in which 60 percent are likely to be girls, will receive training in teamwork, self-esteem, creativity and communication.

  • Over 240,000 Lebanon expats register to vote in polls

    Lebanon's diaspora -- estimated to number at least three times the country's 6-million population -- will take part in the...

    More than 93,000 had registered for the last parliamentary polls in 2018, Lebanon's first expat vote.

    Europe accounted for the largest number of registered expat voters, with nearly 75,000, followed by Asia with 61,000 voters

  • Economic growth of Arab countries this year

    This week’s TRENDS Explainer Video highlights how economic growth looks like in the Arab countries this year as per the...

    Middle Eastern countries responded to the pandemic with swift and stringent measures to mitigate its spread and impact. However, most of them continued to face an uncertain future

    Containing the health crisis, cushioning income losses, and expanding social spending had become immediate priorities. Most of the Arab governments, however, managed it well

  • Iraq and Germany call for stopping networks of human trafficking

    Iraq and Germany have said there was a need for moving quickly to stop the networks of human trafficking. Iraqi...

    Iraqi foreign minister stressed support for voluntary return of migrants stranded along Belarus-Poland border.

    The two sides also expressed keenness to strenghten means of bilateral cooperation.

  • Gaza anger mounts at cost, ‘humiliation’ of outside journeys

    The common complaint in Gaza is that the journey, often made on stuffy buses, is made deliberately more arduous and...

    "Someone from Hamas called and told me to erase everything"

    Gaza, an impoverished territory of some two million people, where Hamas fought its most recent war with Israel in May, is a difficult place to enter or leave

  • Egypt returns to Gaza with post-war reconstruction

    Egypt is helping Gaza rebuild after the last bout of fighting between Israel and the Hamas in May.

    After years of retreat, Egypt is making its presence felt again in the neighboring Palestinian enclave of Gaza

    As a result, it is emerging as a key benefactor in the aftermath of the last bout of fighting between Hamas and Israel earlier this year

  • Lebanese army stops boat carrying 90 people off coast

    Women and children were among the group intercepted Friday by a navy patrol off the coast of Qalamoun in northern...

    Women and children were among the group intercepted Friday by a navy patrol off the coast of Qalamoun in northern Lebanon

    The boat almost sank in bad weather but all on board were rescued and taken to the shore, says Lebanese army

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