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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.
  • Saudi minister: More investment in science and technology way to net-zero goal

    Saudi Arabia's Minister of Communications and Information Technology Abdullah bin Amer Al-Swaha has said that the best way to achieve...

    Al-Swaha says pursuing current policies and technologies will lead to a gap of 30-40 percent in the zero-emission goal.

    Saudi Arabia is taking the lead in building a center for climate technologies in the MENA region, he said.

  • Gaza fishermen struggle for a catch under Israel’s blockade

    Crashing through the Mediterranean waves at sunset, Palestinian fisherman Mohammed al-Nahal leads a convoy of rickety boats out for another...

    High prices of fuel in the enclave means that fishing operating costs are crippling, making them stay closer inshore

    Israel's navy fully controls the waters off Gaza's 40-kilometre (25-mile) long coastline, and regularly restricts or expands the size of the fishing zone

  • Pope urges intervention on Libyan migrant crisis

    Governments must stop returning migrants to "non-secure countries" like Libya, the 84-year-old pontiff said, while prioritizing saving lives in the...

    Italy continues to be confronted by waves of migrants crossing the Mediterranean from Libya, with hundreds of people arriving nearly daily on the country's shores.

    A two-day summit of EU leaders that ended Friday revealed continued rifts between countries on the migrant issue.

  • Turkey orders expulsion of 10 ambassadors as Erdogan fumes

    Several European countries said late on Saturday they had received no official notification from Turkey, while the US said it...

    Turkish President Recep Tayyip Erdogan has ordered the expulsion of the ambassadors of 10 countries, including Germany and the US

    These ambassadors had appealed for the release of jailed civil society leader Parisian-born philanthropist and activist Osman Kavala

  • IS says its fighters attacked Kabul power lines

    The Islamic State militant group's Afghan branch on Friday said it was behind an explosion that brought down electricity lines...

    The power cut on Thursday was a further blow to Taliban efforts to stabilize Afghanistan two months after they seized control

    The explosion hit a high-voltage line supplying imported power to Kabul and some other provinces

  • Algeria rejects Western Sahara talks

    Algeria on Friday ruled out returning to roundtable talks over Western Sahara, days after the UN appointed a new envoy...

    Morocco sees the entire Western Sahara as an integral part of its territory and has offered autonomy there while firmly ruling out independence

    The International Crisis Group wrote this month that “Rabat considers Western Sahara a regional issue and the Polisario an Algerian proxy”

  • Al-Qaeda leader killed in US drone strike in Syria: Pentagon

    A senior Al-Qaeda leader was killed in a US drone strike in Syria, the Pentagon said on Friday. The strike...

    “The removal of this Al-Qaeda senior leader will disrupt the terrorist organization’s ability to further plot and carry out global attacks”

    At the end of September the Pentagon killed Salim Abu-Ahmad, another senior Al-Qaeda commander in Syria

  • Tunisia most democratic among countries roiled by Arab Spring

    Tunisia, where the government of former president Zine El Abidine Ben Ali was overthrown in 2011, scored 6.59 out of...

    Tunisia, where the government of former president Zine El Abidine Ben Ali was overthrown in 2011, scored 6.59 out of ten in the 2020 Democracy index

    Libya is now tied with Yemen at the bottom of the list, with a democracy score of 1.95 out of 10

  • Two years after protests, Lebanon activists set sights on vote

    The various opposition groups have yet to decide how they will take part in the upcoming polls.

    The various opposition groups have yet to decide how they will take part in the upcoming polls

    Voters are busy battling to get by on deeply diminished incomes, amid endless power cuts and price hikes

  • UAE detains journalist after comments hacked and posted online

    The United Arab Emirates said Friday it had detained a journalist after comments they made off the air ahead of...

    The incident occurred shortly before the state-run Abu Dhabi Sports channel's live broadcast of the UAE-Iraq World Cup qualifying match on October 12.

    The charges faced by the journalist could carry a prison sentence of up to five years and a fine up to $136,131.

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