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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.
  • Baghdad pays Kuwait another $490m in war reparations

    Kuwait has received additional reparations of almost $500 million for Iraq's 1990 invasion, the Iraqi embassy in Kuwait said.

    "Iraq on October 26 paid Kuwait $490 million, and it will work to pay off what is left in reparations due for the year of 2022, approximately $629 million"

    Baghdad has paid around $50 billion in reparations over the last three decades

  • 10 Egyptian peacekeepers injured in CAR attack

    MINUSCA mission said the Egyptian police contingent was unarmed and traveling in a bus marked UN at the time of...

    CAR, the second poorest country in the world, has been ravaged by a civil war since 2013, although the level of fighting has fallen.

    UN chief Antonio Guterres recently denounced "hostile incidents" targeting peacekeepers.

  • Iran FM tests positive for Covid at a key time for nuclear talks

    Iran's foreign minister has tested positive for Covid, local media reported, at a key moment in diplomatic efforts to revive...

    "His general health is satisfactory and he is continuing his daily duties from quarantine"

    Khatibzadeh had said just Monday that talks with the remaining parties to the 2015 nuclear deal would resume "in the next two or three weeks"

  • Suez crisis triggered Israel’s first occupation of Gaza

    Israel has said the objectives of the 1956 Gaza invasion included ensuring free passage through the Straits of Tiran.

    Israel has said the objectives of the 1956 Gaza invasion included ensuring free passage through the Straits of Tiran

    The first time Israel took control of Gaza was on November 3, 1956 when Egypt's military governor surrendered

  • Lebanon invites Saudis for talks as diplomatic row deepens

    Lebanon on Monday called for talks with Saudi Arabia to ease a spiraling diplomatic row sparked by remarks made by...

    "Lebanon invites Saudi Arabia to engage in dialogue to solve all outstanding problems and not just the latest spat, so that the same crisis is not repeated every time"

    On Friday, Saudi Arabia gave Lebanon's ambassador 48 hours to leave the country, recalled its envoy from Beirut

  • Iraq’s Babylon arts festival back after almost 20 years

    The last edition of the festival was held in 2002, the year before the US-led invasion that toppled the veteran...

    The arts showcase, staged in what was the capital of the ancient Mesopotamian state of Babylonia, this year drew artists from dozens of countries.

    The festival, first launched in 1987, was staged at the majestic UNESCO World Heritage site of Babylon, south of Baghdad.

  • Iran rejects Western ‘concerns’ over nuclear compliance

    The accord between Iran and six world powers to find a long-term solution to the crisis over its nuclear program...

    The Western statement on Saturday expressed their "determination to ensure that Iran can never develop or acquire a nuclear weapon".

    Iran's foreign ministry said the production of uranium metal and highly enriched uranium was meant for peaceful purposes and for civilian uses.

  • Turkey’s Erdogan skips Glasgow climate conference

    Erdogan's decision follows a crunch meeting in Rome on Sunday with US President Joe Biden, which the Turkish leader had...

    The Anadolu state news agency did not explain why Erdogan decided not to attend

    Turkey's parliament this year finally ratified the Paris climate agreement

  • Arab Parliament hails Saudi Arabia’s role in Yemen

    In a statement issued Monday, the Arab Parliament expressed its rejection of the statements of the Lebanese Minister of Information...

    In a statement issued Monday, the Arab Parliament expressed its rejection of the statements of the Lebanese Minister of Information who had criticized Saudi role

    The Parliament pointed out that the Kingdom is the country most eager to support the Yemeni people and end their suffering

  • UAE, UK to conduct exercise to toughen border controls against illicit finance

    A key aim of the initiative was to understand how organised crime attempts to move illicit assets, such as the...

    A key aim of the initiative was to understand how organised crime attempts to move illicit assets, such as the flows of cash and gold

    Over a week, Dubai and Abu Dhabi-bound flights from the UK were subject to increased security to check if criminal groups were attempting to smuggle cash and gold from the UK

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