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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.
  • EU and Iran to revive nuclear talks this week

    The EU and world powers are scrambling to try to get negotiations in Vienna back on track.

    The agreement between Iran and world powers was to find a long-term solution to the now two-decade-old crisis over its nuclear program

    It has been moribund since former US president Donald Trump walked out of the deal in May 2018 and imposed sweeping sanctions

  • Israel welcomes agricultural workers from Lebanon

    Agricultural workers from Lebanon are being allowed into Israel as a ‘gesture of goodwill’ through the borders at Al Jabal,...

    Lebanon has for the past two years been mired in economic, political, and social crisis

    Its residents are subject to banking restrictions preventing easy access to money

  • Israel holds largest-ever air force drill with UAE visit

    Amir Lazar, chief of Israeli air force operations, told reporters the drills "don't focus on Iran", but army officials have...

    Israel has held the "Blue Flag" exercises every two years since 2013 in the Negev desert

    Other nations taking part this year include France, the United States and Germany, as well as Britain

  • Prince Charles to visit Jordan, Egypt to discuss climate crisis

    The royal couple's November 16-19 visit will start in Jordan, a UK ally whose King Abdullah II has come under...

    "Indeed, both visits will have a major focus on addressing the climate crisis," Fitzgerald, deputy private secretary to Prince Charles said

    In Cairo, Charles and Camilla are due to visit the top Sunni Islam cleric Sheikh Ahmed al-Yayeb

  • Saudi Arabia pledges more than $1 billion in ‘green era’ initiatives

    Crown Prince Mohammed bin Salman announced two initiatives to fund the "circular carbon economy" and provide "clean fuel" to help...

    The "circular carbon economy", a concept promoted by the Saudis, aims to remove and store carbon for reuse in other products.

    Saudi Arabia has said it would join a global effort to cut emissions of planet-warming methane gas by 30 percent by 2030.

  • Greenhouse gas levels reach new record high: UN

    The UN's blunt report comes as British Prime Minister Boris Johnson, the COP26 host, said he was "very worried" that...

    The World Meteorological Organization said that continued rising greenhouse gas emissions would result in more extreme weather.

    Concentrations of all three major greenhouses gases --CO2, methane and nitrous oxide--have risen alarmingly.

  • Ministry of Economy and LinkedIn sign MoU to promote UAE as talent destination

    The UAE's Ministry of Economy has signed an agreement with LinkedIn for developing a framework for skills-based talent besides identifying,...

    The agreement is geared towards achieving UAE Strategy for Talent Attraction and Retention.

    LinkedIn will collaborate with the ministry’s team to make joint action plans supporting the ministry’s national strategies.

  • Erdogan steps back from threat to expel Western envoys

    The reversal came after the United States and several of the other concerned countries issued identical statements saying they respected...

    The new Western statement "shows they have taken a step back from the slander against our country", Erdogan said.

    Erdogan had threatened the ambassadors on Thursday and then pronounced them "persona non grata" in televised comments on Saturday.

  • UAE, Israel to recognize each other’s vaccine certificates

    The competent authorities in the two countries will be able to develop specific procedures ensuring the unrestricted movement of vaccinated...

    The UAE and Israel have signed an MoU to recognize each other’s vaccination certificates

    The MoU is said to be part of the efforts of the two nations to emerge stronger from the Covid-19 pandemic

  • Khamenei urges reversal of Arab-Israeli normalization

    The United Arab Emirates, Bahrain, Sudan and Morocco all agreed to normalize ties with Israel in 2020, as Washington under...

    Ali Khamenei said Arab nations have "sinned" in normalizing (their relations) with the "usurping and oppressive Zionist regime".

    Egypt and Jordan were until last year the only two Arab countries to normalize relations with Israel.

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