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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.
  • Turkey summons 10 ambassadors over Kavala release call

    Activist Osman Kavala, 64, has been in jail without a conviction since 2017.

    Activist Osman Kavala, 64, has been in jail without a conviction since 2017

    The Turkish activist faces a string of charges linked to 2013 anti-government protests

  • Lebanon Hezbollah chief says movement has 100,000 fighters

    Nasrallah spoke as tensions simmer in Lebanon over the fate of the judge leading a probe into a port explosion.

    Nasrallah spoke as tensions simmer in Lebanon over the fate of the judge leading a probe into a port explosion

    Violence broke out in the heart of Beirut Thursday after supporters of Hezbollah and Amal rallied to call for judge Tarek Bitar to step down

  • Who will form next government in Iraq?

    A final tally from the ballot, organised to appease youth-led anti-government protests that began in 2019, is expected in the...

    Results so far show Sadr won more than 70 of the 329 parliamentary seats

    This coalition option would see Sadr agreeing to a compromise candidate as prime minister

  • 10 years since Kadhafi death, stability still eludes Libya

    A year-long ceasefire and a UN-led peace process have barely papered over deep divisions, and upcoming elections are unlikely to...

    A year-long ceasefire and a UN-led peace process have barely papered over deep divisions, and upcoming elections are unlikely to resolve the crisis

    Kadhafi ruled Libya with an iron fist for 42 years after a 1969 coup against the monarchy, portraying himself as a revolutionary

  • Tunisia in bailout talks with Saudi Arabia, UAE: Central banker

    The birthplace of the Arab Spring uprisings, Tunisia has faced years of economic woes exacerbated by the coronavirus pandemic, with...

    Power grab in July by President Kais Saied put on hold Tunisia's talks with the IMF for a fourth bailout package.

    Years of political deadlock following 2011 revolution have left it with less than one percent growth and six percent inflation.

  • Drought-hit Iraq’s crop farmland to be halved

    UN agencies have said the impact of water shortages in Iraq is becoming evident through the lower crop yields for...

    The agricultural produce of Iraq usually includes wheat, barley, dates, tomatoes and rice.

    The FAO estimates that "by the end of the season, wheat production will be 70 percent lower and barley production negligible."

  • Symbol of rebirth at Iraq’s historic Al-Nuri mosque

    The historic mosque is being built under UNESCO's "Revive the Spirit of Mosul" initiative for rehabilitating Iraq's second city. UAE...

    The 12th-century mosque, known for its leaning minaret, was severely damaged in 2017.

    Eight Egyptian architects won an international competition to reconstruct the mosque.

  • 150 Yemen rebels killed in strikes: Saudi-led coalition

    Rebel leader Abdelmalek al-Huthi called for continued fighting, as tens of thousands of supporters marched in towns held by the...

    The Yemeni civil war began in 2014 when the Huthis seized the capital Sanaa, prompting the Saudi-led coalition to intervene.

    The UN last week called for a halt to fighting in Abdiya, where it said the movement of aid had been "extremely restricted".

  • Iran MP says to resume nuclear talks, awaits EU confirmation

    Foreign Minister Hossein Amir-Abdollahian said that talks with the 4+1 Group will restart on Thursday in Brussels.

    Foreign Minister Hossein Amir-Abdollahian said that talks with the 4+1 Group will restart on Thursday in Brussels

    Biden has said he is ready to return to the 2015 agreement if the Islamic republic re-adheres to its nuclear commitments

  • Low turnout as Lebanese mark two years of protests

    Lebanon marked the second anniversary of its defunct protest movement with a low-key demonstration in Beirut Sunday, while many stayed...

    Dozens marched under rain clouds towards Martyrs' Square in central Beirut

    Almost 80 percent of the population live in poverty, struggling to put food on the table amid endless price hikes

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