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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.
  • Libyan premier to run for president in breach of pledge to remain neutral

    Abdulhamid al-Dbeibah has gained popularity through public spending programs after years of civil war

    Abdulhamid al-Dbeibah has gained popularity through public spending programs after years of civil war

    He could become the first directly elected Libyan head of state since Muammar Gaddafi was overthrown a decade ago

  • Next test for Israel PM: US plan for Palestinian mission

    The issue is political dynamite for Bennett's eight-party coalition that spans the political spectrum from right-wing Jewish nationalists to pro-peace...

    Palestinians claim the eastern half of the city as the capital of their future state

    Former US president Donald Trump in 2018 moved the US embassy to Jerusalem

  • Big gap between COP26 words and climate action

    Finance is a crunch issue at the summit, with developing nations demanding rich emitters make good on decade-old promises to...

    That figure is a drop in the ocean compared to the estimated $4 trillion needed annually to decarbonize the economy by 2050.

    Experts say an accord by more than 100 nations to slash methane emissions by 30 percent by 2030 could have a real impact on short-term heating.

  • Iran urges ‘vigilance’ after drone attack on Iraqi PM

    Iran on Sunday said it condemned a drone attack targeting Iraqi Prime Minister Mustafa al-Kadhemi and urged "vigilance to foil...

    "Such incidents are in the interest of those who have violated the stability, security, independence"

    "They have sought to achieve their sinister regional goals by creating terrorist groups"

  • Iraqi PM calls for restraint after drone strike on his home

    Iraq's Prime Minister Mustafa al-Kadhemi said he was unhurt and appealed for "calm and restraint" after a drone attack on...

    The attack in Baghdad's Green Zone was the first to target the residence of Kadhemi

    Security sources said three drones were launched, but two were shot down

  • Colombia targets $1bn trade and direct flights with UAE

    Colombia sees the UAE as a potential partner for growth in bilateral trade, economy, and tourism.

    Non-oil bilateral trade between the two countries amounted to $176 million in the first half of 2019

    The two nations are also in talks over signing a MoU for double taxation avoidance

  • The Western Sahara conflict timeline is heating up

    The Western Sahara conflict pits Morocco against the Polisario Front independence movement.

    Western Sahara is a former Spanish colony with extensive phosphate reserves and rich Atlantic fishing grounds

    Morocco sees it as its own sovereign territory, but the Polisario Front has proclaimed a democratic republic there with support from Algeria

  • Iraq PM calls for ‘calm’ after house attacked

    The attack came during a period of soaring tensions over the results of the October 10 elections.

    The attack in Baghdad's Green Zone was the first to target the residence of Kadhemi, who has been in power since May 2020

    It and came as Iraq's political parties wrangle over who will run the next government

  • Iran says world powers must be ‘realistic’ in nuclear talks

    Tehran has said the world powers should not exceed the bounds of the 2015 deal they are seeking to revive....

    The nuclear talks are being brokered by European Union mediators as Tehran refuses to deal with US negotiators directly

    The talks are aimed at bringing Washington back into a 2015 agreement with Iran that was abandoned by former US president Donald Trump

  • Erdogan holds closed-door meeting with Libyan PM

    Turkey’s president Recep Tayyip Erdogan and Libya's prime minister Abdul Hamid Dbeibeh had a one-on-one closed-door meeting at the Vahdettin...

    The leaders later attended a meeting between the countries' delegations

    Turkey and the North African country have seen closer ties in recent years, especially after the signing of security and maritime boundary pacts in November 2019

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