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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.
  • ‘Pointless’ dealing with Hezbollah-dominated Lebanon: Saudi Arabia

    The developments, sparked by Lebanese Information Minister George Kordahi's remarks on the Yemen war, have dealt a fresh blow to...

    Kordahi said Yemen's Huthi rebels were "defending themselves... against an external aggression."

    The comments were aired this week but made in August, before he became a minister

  • What did the G20 summit agree?

    Meeting in person for the first time in two years, G20 leaders had climate change, the Covid pandemic, a tax...

    Leaders pledged action against dirty coal plants but fell short on a target of zero emissions. Support WHO's vaccination goals.

    An agreement that will subject multinationals to a minimum 15 percent tax approved as part of an effort to build "a fairer international tax system".

  • Three rockets hit near Baghdad Green Zone, none hurt

    The attack, the first to target the Green Zone since July 29, comes as authorities conduct a recount of votes...

    The rockets struck near a Red Crescent hospital, a bank and the district's water management department.

    Preliminary results show the Conquest Alliance, the political arm of a network of pro-Iranian militias, lost ground in the election.

  • Iran suspects Israel and US behind fuel cyber attack

    An Iranian general has said Israel and the United States were likely to have been behind a cyber attack that...

    Tuesday's cyber attack caused traffic jams on major arteries in Tehran, where long queues at petrol stations disrupted the flow of traffic.

    The oil ministry later took service stations offline so that petrol could be distributed manually, according to the authorities.

  • Dubai discusses cooperation with Egypt

    Dubai ruler Sheikh Mohammad bin Rashid Al Maktoum met Egypt’s Prime Minister Mostafa Madbouly at Expo 2020 Dubai.

    Dubai and Egypt discussed cooperation and boosting bilateral ties

    This, even as Egypt celebrated its National Day at its Expo 2020 pavilion

  • Taliban supreme leader makes first public appearance

    Taliban supreme leader Haibatullah Akhundzada addressed supporters in the southern city of Kandahar, officials announced Sunday, his first public appearance...

    His low profile has fed speculation about his role in the new Taliban government -- and even rumors of his death

    There was tight security at the event and no photographs or video have emerged

  • Iran intensifies cyber espionage in Middle East

    Cyberattacks by Iranian spies have become more sophisticated and have intensified against Arab countries, say industry experts.

    Iranian espionage targeted aerospace and telecommunications companies in the Middle East, the US, Russia, and Europe

    Cybereason identified 10 companies impacted during their three-month investigation

  • Israel firm, clients hit by hackers linked to Iran

    A hacking group known as Black Shadow claimed responsibility for the attack.

    The cyberattack hit several websites, with none of the sites available to users by midday Saturday

    They included Israeli public transport companies Dan and Kavim, a children's museum, and public radio's online blog

  • Roundup: Four Gulf states pull diplomats from Beirut

    This is bad news for Lebanon, which had been counting on financial assistance from the Gulf to rescue its economy....

    The row has already seen Saudi Arabia ban the imports of Lebanese goods and Kuwait and Bahrain expel Lebanese envoys

    It is a blow to a country already in the grip of crippling political and economic crises

  • Kuwait expels Lebanon envoy, recalls own ambassador

    Kuwait has recalled its ambassador from Beirut and has given the Lebanese envoy 48 hours to leave the emirate, the...

    Saudi Arabia and Bahrain made similar moves on Friday after Lebanon's Information Minister George Kordahi criticized the war in Yemen

    Kordahi said in a television interview that Yemen's Iran-backed Huthi rebels were "defending themselves... against an external aggression"

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