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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.
  • Lebanon imposes curbs for Belarus-bound air passengers

    All airlines operating from Beirut must limit passengers departing on direct or indirect flights to Belarus to Belarusian citizens, Lebanese...

    Thousands of migrants, mainly from the Middle East, are staying on the Belarus-Poland border in what the West says is a crisis engineered by Minsk.

    The number of flights between Beirut -- home to Lebanon's only international airport for commercial flights -- and Minsk has also been cut back recently.

  • Israel couple accused of spying in Turkey back home after release

    Mordi and Natali Oknin were detained last week after visiting the newly opened Camlica Tower -- Istanbul's tallest building.

    Mordi and Natali Oknin were detained last week after visiting the newly opened Camlica Tower -- Istanbul's tallest building

    A court in the city charged them with "political and military espionage" for allegedly taking a photograph of Turkish President Erdogan's home

  • Snowden, Assange, and the burden of truth

    Julian Assange and Edward Snowden have had to pay big time for simply telling the truth. Their lives suggest that...

    Julian Assange, the founder of WikiLeaks, has had to seek asylum with Ecuador

    Edward Snowden had to flee to Russia after revealing how the US spied on its own citizens

  • Lebanon restricts Belarus-bound air passengers

    Lebanon has said only foreigners with Belarusian residency permits would be allowed to fly from Beirut to the ex-Soviet country....

    Thousands of migrants, mainly from the Middle East, are staying on the Belarus-Poland border

    The West says this is a crisis engineered by Belarus to try to divide the EU and hit back against sanctions

  • Soudah joins UN Mountain Partnership to realize sustainability goals

    Soudah Development Company, a real estate development company owned by PIF, Saudi Arabia's sovereign wealth fund, has announced it will...

    Founded in 2002, the UN Mountain Partnership comprises more than 400 global members

    Soudah Development is the first real estate development company in the GCC region to join the Mountain Partnership

  • Iran has again boosted uranium stockpile, IAEA reports

    An IAEA report, which said Iran's stockpile of highly enriched uranium is in excess of the limit laid down in...

    A spokesman for Iran's atomic agency said on Wednesday that IAEA chief Rafael Grossi would arrive in Tehran on Monday.

    Britain, China, France, Germany and Russia will join the talks on Nov. 29 while the United States will participate indirectly.

  • UAE to boost arms industry in order to reduce imports

    Drones, guided missiles, simulators: the United Arab Emirates is on the offensive to develop its defense industry in a bid...

    UAE is among the world's top arms importers and is seeking to diversify its economy

    The Emirati Defense Consortium EDGE became the first Middle Eastern company to rank among the top 25 military firms in the world last year

  • Ten bodies found in migrant boat off Libya: Charity

    Doctors Without Borders said its Geo Barents rescue ship had picked up 99 survivors on Tuesday. The victims had died...

    Tens of thousands of people seek to enter Europe each year via the central Mediterranean, leaving from Libya and Tunisia and heading most often for Italy.

    MSF said there were currently 186 people on board Geo Barents, including women and children.

  • UN official to visit Tehran to discuss nuclear program

    The head of the UN nuclear watchdog will visit Tehran Monday to discuss Iran's nuclear program, the spokesman for Iran's...

    Grossi will meet Foreign Minister Hossein Amir-Abdollahian and the head of Iran's atomic agency, Mohamed Eslami, the spokesman added

    Grossi's last visit to Tehran was in September, when he said he had "technical discussions" with Eslami

  • 12 universities attend 2nd Solar Decathlon Middle East inaugurated by DEWA

    Dubai Electricity and Water Authority (DEWA) has inaugurated the 2nd Solar Decathlon Middle East (SDME) in which eight teams from...

    Eight teams from these varsities to design, build and operate solar-powered homes.

    The teams compete in 10 contests such as architecture, engineering and building, energy management and energy efficiency.

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