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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.
  • Gaza officials report 4 more child malnutrition deaths

    Global attention turned to the dire humanitarian conditions in Gaza on Thursday, when the health ministry said more than 100...

    Gaza health ministry spokesman Ashraf al-Qudra said in a statement, noting that the number of child "malnutrition and dehydration" deaths now totaled 10

    Earlier Friday, a spokesman for the UN humanitarian agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza

  • US forces destroy Houthi surface-to-air missile: CENTCOM

    The Iran-backed Houthis, who control much of war-torn Yemen, have been attacking shipping in the Red Sea since November in...

    On Friday afternoon, US "forces conducted a self-defense strike against one Houthi surface-to-air missile that was prepared to launch," CENTCOM said

    The United States is spearheading a naval coalition to protect vessels in the vital waterway, and has conducted air strikes in Houthi territory, alongside Britain

  • Biden announces US aid air drops in Gaza

    Biden had been planning air drops for some time but Thursday's incident "certainly underscored for the president" the need to...

    US president said that he would "insist" that Israel let in more aid trucks, while it would also look at a possible "marine corridor" to deliver large amounts of aid into Gaza

    Biden said later he was "hoping" for a deal on a six-week ceasefire by the Muslim holy month of Ramadan, which will start on March 10 or 11, depending on the lunar calendar

  • OIC to hold extraordinary meeting on Israeli aggression on March 5

    Jeddah, Saudi Arabia - The Organization of Islamic Cooperation (OIC) will hold an extraordinary meeting of its Council of Foreign...

    OIC Secretary-General Hissein Brahim Taha is expected to address the opening session, which will be preceded by a preparatory senior officials' meeting

    On October 11, 2023, Saudi Arabia hosted the extraordinary Joint Arab and Islamic Summit in Riyadh, organized by the OIC and the Arab League

  • EU queries Meta about ad-free subscriptions, shadow banning

    BRUSSELS, BELGIUM - The EU on Friday used new regulatory powers to query Meta about ad-free subscriptions to Facebook and Instagram as...

    The European Commission made a request for information under the mammoth content moderation law known as the Digital Services Act (DSA).

    The EU has launched probes under the DSA to quiz platforms on how they are addressing concerns from consumer protection to children's activity online.

  • Hamas says Israeli military action kills 7 hostages in Gaza

    Hamas said that seven more hostages seized during its unprecedented attack on southern Israel on October 7 had died because...

    Hamas seized around 250 Israelis and foreigners during the October 7 attack on southern Israel.

    A spokesman for the UN agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza.

  • Leftist Galloway wins MP seat in UK amid anti-Semitism allegations

    London, UK- Controversial left-wing firebrand George Galloway was elected to the UK parliament on Friday after tapping into anger over the...

    Galloway, 69, first became an MP in 1987 and will return to the House of Commons for the first time since 2015 after winning the seat of Rochdale.

    Galloway put the Gaza conflict front and center of his campaign in Rochdale, north of England, which has a 30 percent Muslim population.

  • UN warns famine in Gaza almost inevitable unless war changes

    The UN and other humanitarian actors have not yet declared a state of famine in Gaza, despite worsening conditions in...

    "We have to look at what more and more voices, more and more loudly, are saying about the food security situation across the Gaza Strip, in particular in the north," said Laerke.

    Laerke cited the near-total closure of commercial food imports, the "trickle of trucks" coming in with food aid, and the "massive access constraints" to moving around inside Gaza.

  • Global criticism of Israel after ‘massacre’ of Gazans lining for food

    Global condemnation flowed after Israeli forces in war-ravaged Gaza opened fire as Palestinian civilians scrambled for food aid during a...

    Iran denounced "the barbaric attack by the Zionist regime", China said it was "shocked", and head of the Arab League said the "brutal" act showed "total contempt for human life".

    Saudi Arabia strongly condemned what it called the "targeting" of unarmed civilians, while Kuwait and the UAE also issued condemnations.

  • France calls for ‘independent probe’ into killing of Palestinians receiving aid in Gaza

    Paris, France--France wants an independent inquiry into the deaths of scores of Palestinians during an aid delivery in the northern Gaza...

    French foreign minister said there will have to be an independent probe to determine what happened

    The foreign minister said that France would not apply "double standards" to the Mideast conflict