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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.
  • US forces down drones, missiles fired at warship by Houthis

    The US military command said that its forces shot down one anti-ship ballistic missile and three one-way attack unmanned aerial...

    US military said there were no injuries or damage to the warship

    Houthis said their forces had targeted two US destroyers in the Red Sea

  • Time to recognize the State of Palestine: Saudi foreign minister at OIC session

    Jeddah, Saudi Arabia — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan has emphasized the unanimous rejection of the...

    Prince Faisal was speaking at the Extraordinary Session of the Council of Foreign Ministers of the Organization of Islamic Cooperation in Jeddah on Tuesday

    The session has been convened to address the ongoing Israeli aggression against the Palestinians and to voice the OIC's opposition to the displacement of Palestine

  • UAE, Saudi Arabia, Qatar emerge as soft power leaders

    The surge of three GCC nations in the Global Soft Power Index, with UAE leading with a perfect economy score,...

    The surge of three GCC nations in the Global Soft Power Index, with UAE leading with a perfect economy score, highlights their global influence and reputation enhancements.

    Nation branding, diplomacy, and global events bolster GCC's global standing, emphasizing their commitment to dialogue, innovation, and fostering cooperative global ties.

  • Women, rural poor most affected by climate change, says UN

    PARIS, FRANCE – Heatwaves and floods inflict greater economic pain on rural women than men because climate change intensifies existing inequalities,...

    The report said rural, women-led households in low- and middle-income nations already face more financial burdens than men when disaster strikes.

    It estimated that if average temperatures increase one degree Celsius, women would face a 34 percent greater loss in total income compared to men.

  • Houthis attack ship listed as ‘Israeli-affiliated’ off Yemen

    Yemen's Houthi rebels, who since November have fired drones and missiles at numerous ships in the Red Sea area vital...

    The UKMTO reported an incident in a similar location at 91 nautical miles southeast of Aden

    The British agency said the ship's master had reported two explosions

  • Gaza detainees released by Israel report abuse, says UNRWA

    UNRWA chief's comments capped a tumultuous day during which Israel and UNRWA have traded accusations, with Israel accusing the agency...

    Detainees subjected to a "broad range of ill treatment" including threats of electrocution

    UNRWA said Israeli authorities had "detained several of its staff from the Gaza Strip"

  • Israel strike kills 3 Hizbollah-affiliated paramedics in Lebanon

    According to the Hizbollah-affiliated Islamic Health Committee, three volunteer paramedics died "due to a direct Zionist attack on an emergency...

    Israeli said it struck Hizbollah targets including "military compounds"

    Hizbollah and Israel have been exchanging near-daily fire since October 7

  • Macron’s leadership: A tale of arrogance and chaos

    Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores challenges of governing in today's...

    Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores the challenges of governing in today's geopolitical landscape.

    With Macron's leadership increasingly under scrutiny and his term limit approaching, France stands at a crossroads, questioning the future of its leadership and direction.

  • European Union slaps $1.9bn fine on Apple over violation of rules

    Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...

    The $1.9 billion penalty is the third-biggest antitrust fine ever imposed by the European Commission

    The iPhone maker immediately vowed to appeal the first ever antitrust fine slapped on Apple by Brussels

  • Iran declares 41 percent voter turnout in key elections

    Tehran, Iran - Iran on Monday announced a turnout of 41 percent in last week's elections for parliament and a key...

    "Around 25 million people participated, with a turnout of 41 precent," Interior Minister Ahmad Vahidi told a press conference in Tehran.

    The vote was the first since nationwide protests broke out following the September 2022 death in custody of 22-year-old Mahsa Amini.