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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.
  • Lebanon port blast judge suspends ex-PM Hassan Diab’s summons

    Diab had filed a lawsuit against judge Tarek Bitar, who has been thwarted at every turn in his probe of...

    Diab was prime minister at the time of the explosion and is among the senior officials Bitar wants to hear as part of his investigation.

    Several of Lebanon's main political groups, including the powerful Iran-backed Hezbollah, want Bitar removed., earning scorn from rights groups.

  • Seven killed in anti-coup protests in Sudan

    Seven protesters have been killed in Sudan since a military coup four days ago, a health official said Thursday, adding...

    Four protesters were already reported killed on Monday, hours after the military coup was announced

    The diplomats pledged their support for the now-deposed government of Prime Minister Abddalla Hamdok

  • Iran agrees to restart talks to revive nuclear deal

    Iran held six rounds of indirect negotiations in Vienna with President Joe Biden's administration on returning to the 2015 deal.

    Iran held six rounds of indirect negotiations in Vienna with President Joe Biden's administration on returning to the 2015 deal

    Biden, his successor, has said he is ready to re-enter the agreement so long as Iran also returns to full compliance by rolling back nuclear activities

  • Erdogan says ‘likely’ to meet Biden in Glasgow

    The meeting would be the two leaders' second since Biden was elected president.

    The meeting would be the two leaders' second since Biden was elected president

    The COP26 UN climate conference opens in the Scottish city on Sunday and runs to November 12

  • Tunisia shuts down TV station run by opposition party leader

    The authority, known as HAICA, seized the channel’s broadcast equipment and said in a statement that Nessma TV was broadcasting...

    The channel is partly owned by former Italian prime minister Silvio Berlusconi

    In July President Kais Saied, sacked the prime minister and suspended parliament

  • Saudi, UAE summon Lebanon envoys over minister’s Yemen war remarks

    Lebanese Information Minister George Kordahi had said the Iran-backed Huthi rebels are "defending themselves... against an external aggression" and "homes,...

    Saudi Arabia said Kordahi's remarks were "clearly biased towards the terrorist Huthi militia".

    UAE said the minister's "disgraceful and biased" comments "offended the member countries of the coalition".

  • TikTok, YouTube and Snapchat defend impact on kids

    In their first testimony to US senators, they argued they are built to protect against the mental health and safety...

    Senator Marsha Blackburn, who was co-chairing the hearing, drew little difference among the platforms and their arguments for safety.

    YouTube has battled with a surge in Covid-19 and vaccine misinformation as the pandemic drove people online looking for information.

  • Lebanese Christian leader Geagea dodges court summons

    Hundreds of his supporters gathered in his mountain bastion and marched in a show of support. Geagea had warned last...

    Seven people were killed in street fighting two weeks ago, following a rally against the judge investigating last year's deadly blast at Beirut.

    Hezbollah accuses the FL of firing the first shots. Geagea denied any involvement and claimed that his summons had no legal grounding.

  • Libya fighting damages only working oil refinery

    Eight oil storage tanks and five other tanks for oil and chemical products were damaged and were leaking, while the...

    Libya's vast oil sector, the backbone of its economy, has suffered regular halts in production since the revolution that toppled Moamer Kadhafi.

    The country produces about 1.2 million barrels per day, still short of the country's pre-revolution output of 1.5-16 million barrels.

  • Saudi could go carbon-neutral before 2060: Minister

    Prince Abdulaziz bin Salman said new processes enabling capture and reuse of carbon were key to the kingdom achieving net...

    The kingdom is promoting the circular carbon economy at the Future Investment Initiative conference in Riyadh.

    Saudi Arabia also has announced a $1 billion contribution to initiatives to fund the CCE and provide "clean" fuel for the world's poor.

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