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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, Iran dispute facts of last week’s tanker incident

    The dispute pertains to an incident from last week involving a Vietnamese-flagged oil tanker in the Sea of Oman.

    Iran said it had thwarted an attempt last week by the US Navy to seize the vessel carrying its oil

    US defense officials rejected that account, and said Iranians themselves had seized the tanker and took it to Iranian waters

  • Iran nuclear talks to resume November 29

    The indirect negotiations in Vienna come amid mounting pressure on Iran, with Western nations warning that the clerical state's nuclear...

    Former US president Donald Trump slapped sweeping sanctions on Iran as he withdrew the United States from the deal in 2018

    This led Tehran to take steps out of compliance with the deal through which it had been drastically scaling back sensitive nuclear work

  • UAE and IRENA launch $1 billion clean energy finance platform

    The UAE and the International Renewable Energy Agency (IRENA) on Wednesday announced the Energy Transition Accelerator Financing (ETAF), a new...

    The Energy Transition Accelerator Financing will aim to mobilize an additional $2 billion in energy transition investments.

    The platform targets 1.5 GW of clean renewable energy generation and storage by 2030.

  • US ‘black lists’ Israeli maker of Pegasus spyware

    The company, NSO, was engulfed in controversy over reports that tens of thousands of human rights activists, business executives, journalists,...

    Smartphones infected with Pegasus are essentially turned into pocket spying devices, allowing the user to read the target's messages.

    Washington also targeted Israeli company Candiru, Singapore-based Computer Security Initiative Consultancy PTE (COSEINC) and Russian firm Positive Technologies.

  • Israeli strikes hit Syria military targets: monitor

    Israeli air strikes hit positions held by the Syrian government and its pro-Iranian allies near Damascus overnight, a war monitor...

    Syrian state news agency SANA confirmed the raids and said they caused only material damage

    The Britain-based Syrian Observatory for Human Rights said the targets were army positions and arms depots belonging to Iran-backed militias

  • Augmented reality: an early taste of the metaverse?

    The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical...

    Augmented Reality is believed to be the early stage of the metaverse envisioned by Facebook.

    With AR, you put on a device and you're still in your world, but we're augmenting it with digital content, says Peggy Johnson, CEO of Magic Leap

  • UK pledges $68 million for Middle East North Africa green transition

    LONDON: The United Kingdom will provide $68 million in funding to help the Middle East and North African countries' energy...

    Britain's Minister for the MENA region James Cleverly announced the funding at the COP26 in Glasgow.

    The funding will go toward the High Impact Partnership on Climate Action, which was launched at the event.

  • Facebook whistleblower sits atop publicity juggernaut

    Haugen's leak of company records has benefited from well-oiled communications machinery, powerful backers and a lucky cryptocurrency bet.

    The internal reports captured by her smartphone camera and handed to journalists have already resulted in a deluge of damning stories.

    In a matter of weeks, Haugen has testified before the US Congress and the British Parliament, with European Union lawmakers inviting her for a Nov. 8 appearance.

  • Bahrain urges its citizens to leave Lebanon

    Lebanese Information Minister George Kordahi triggered the dispute with an interview recorded in August and aired last week. In it,...

    On Sunday the United Arab Emirates urged its citizens to get out of Lebanon

    Riyadh has said dealing with Beirut was "pointless" due to Hezbollah's dominance

  • Facebook on defensive over work in ‘fragile’ countries

    Some 87 percent of Facebook's anti-misinformation budget is focused on the US even though the vast majority of its users...

    Facebook vice president Nick Clegg told the Web Summit that the tech giant has content moderation in over 70 countries.

    Whistleblower Frances Haugen said the company's algorithms made "polarizing and divisive content" more visible in people's timelines.

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