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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.
  • Iraqis head to polls shunned by activists

    Security was tight, with all airports closed from Saturday evening to dawn on Monday across Iraq, where despite the government's...

    Prime Minister Mustafa al-Kadhemi's political future hangs in the balance, with few observers willing to predict who will come out on top

    Dozens of election observers deployed by the European Union and the United Nations were set to monitor the vote

  • Israeli missile strike on a Syrian airbase kill two foreign fighters

    An Israeli missile strike on an air base in central Syria has killed two Damascus-allied foreign fighters and wounded several...

    The Syrian Observatory for Human Rights said the two foreigners were killed in the raid

    The Syrian Observatory for Human Rights said the two foreigners were killed in the raid on the T4 air base

  • UAE to tread ’10 Principles’ path for the next 50 years

    President Sheikh Al Nahyan decrees that all ministries, government authorities and institutions should make these 10 Principles as guidelines in...

    The principles direct UAE’s institutions to strengthen the union, build a sustainable economy and harness all possible resources.

    The set of principles is also aimed at fostering positive regional and global relations to achieve national goals.

  • Iran says it will resume Vienna nuclear talks

    Tehran has decided to resume nuclear talks in Vienna after the new administration reviewed the previous round of talks, Iran’s...

    Tehran has yet to conclude reviewing details of the previous nuclear talks

    Khatibzadeh didn’t provide an exact date for when Iran will conclude its review

  • Facebook bans sales of Amazon areas on its apps

    The announcement came as the tech giant defends itself against accusations that it has long put profit over societal good.

    The sale of land in conservation areas happens on other platforms and offline.

    Some questioned online why Facebook allowed sales of precious rainforest land in the first place.

  • GDP of Arab economies down 3.8 percent: World Bank

    The region’s average real GDP per capita is forecast to increase by only 1.1 percent in 2021 after declining an...

    Thirteen out of 16 countries in the region will have lower standards of living in 2021 than their pre-Covid levels.

    Pandemic losses are calculated by comparing where the region’s GDP would have been if the pandemic had not hit, the bank said.

  • Apple iPhone

    Apple appeals verdict in App Store battle

    The verdict ordered Apple to loosen control of its App Store payment options but said Epic failed to prove any...

    The companies had opted for a so-called bench trial in which a judge rather than a jury hears the evidence and decides on a verdict.

    Apple can still mandate that its payment systems is used for in-app transactions.

  • Iraq: Oil-rich and ravaged by conflict

    Iraq's relations with Iran have improved since the fall of Saddam and, since 2017, the ties with Saudi Arabia have...

    Iraq's different communities are represented in parliament through a tacit system of proportional representation.

    Eyeing role as regional mediator, Iraq has hosted talks between officials from Tehran and Riyadh.

  • US calls Hezbollah fuel shipments ‘public relations’ ploy

    Iran is set to deliver more fuel in the coming days to Lebanon for distribution by the Shiite movement.

    Iran is set to deliver more fuel in the coming days to Lebanon for distribution by the Shiite movement.

    The US has long imposed sanctions both on Iran and Hezbollah and has sought cooperation on Lebanon both with France and Saudi Arabia

  • Iraqis head to early vote amid boycott calls, abstention fears

    A new single-member constituency system for electing Iraq's 329 lawmakers is supposed to boost independents versus the traditional political blocs...

    With the main political blocs linked to armed groups, many Iraqis are worried about security in the wake of the result.

    Many countries have urged all parties in Iraq to respect rule of law and 'integrity of electoral processes'.

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