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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.
  • US, Iran edge closer to resuming nuclear talks: Experts

    Talks between Iran and the five other countries still party to the 2015 Iran nuclear deal were launched in April...

    The deal gives IAEA inspectors access to surveillance equipment and to service cameras at Iranian nuclear facilities.

    Several Iranian analysts say both sides have realized the current path cannot be continued.

  • Woman turns home into school in war-torn Yemen

    Amina Mahdi had already been teaching children to read and write before the outbreak of the impoverished country's devastating war...

    More than 2,500 schools in the country are unfit for use, with some destroyed and others turned into refugee camps.

    UNICEF has estimated that two million children were without school even before the coronavirus pandemic.

  • US to donate 500m additional Covid vaccines to the world

    In his first speech to the UN as president, Biden told delegates that the US had put more than $15...

    The US and other rich countries drew flak for rolling out booster doses for their populations while much of the world faced vaccine shortages.

    Just 3.6 percent of Africa's eligible population has been inoculated, compared with an average of more than 60 percent in Western Europe.

  • Saudi Arabia workshop woos German investors

    The workshop discussed the most prominent ways to expand the current investments in line with Saudi Vision 2030.

    Saudi Arabia is opening up its economy while diversifying it to lessen its dependence on oil

    It is believed to have investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion)

  • US leftist Democrats object to Israel’s Iron Dome funding

    The row underlined that progressives are becoming increasingly skeptical of no-strings-attached aid to America’s key ally in the Middle East.

    The row underlined that progressives are becoming increasingly skeptical of no-strings-attached aid to America’s key ally in the Middle East

    Operational for a decade, the Iron Dome has intercepted and destroyed thousands of short-range rockets and artillery shells launched by Hamas militants from Gaza

  • Erdogan: Turkey will ratify Paris Climate Agreement

    Turkish president told the UN General Assembly that Turkey will complete the ratification process in time for the November UN...

    Turkish president told the UN General Assembly that Turkey will complete the ratification process in time for the November UN Climate Change Conference in Glasgow

    Turkey in April 2016 signed the landmark agreement on limiting the dangerous emissions that contribute to global warming

  • Libya parliament withdraws confidence from unity government

    Eighty-nine of the 113 MPs present in the eastern city of Tobruk voted to withdraw confidence from the Tripoli-based administration...

    Dbeibah's transitional administration took office in February with a mandate to guide the country to elections on Dec 24.

    Speaker Aguila Saleh earlier this month ratified an electoral law seen as bypassing due process and favoring eastern-based military strongman Khalifa Haftar.

  • Canada elects PM Trudeau for third term

    The 49-year-old Trudeau won the election, but did not get simple majority, which could make things difficult for him, just...

    The elections were tough for Trudeau, despite his conservative opponent being a relative newcomer to the arena

    Trudeau had called snap elections, hoping to sail through thanks to his handling of the Covid-19 threat in Canada

  • US to return 3,500-year-old ‘Gilgamesh’ tablet to Iraq

    It was seized by the US Justice Department in 2019, two years after US billionaire David Green opened a museum...

    UNESCO called the repatriation a 'victory' in the fight against illicit trafficking of cultural objects.

    The rare fragment recounts a dream sequence from the Gilgamesh epic in Akkadian cuneiform script.

  • Tunisian president Saied promises to name a PM

    On July 25, Saied sacked the government, suspended parliament, removed lawmakers’ immunity and put himself in charge of the prosecution

    On July 25, Saied sacked the government, suspended parliament, removed lawmakers’ immunity and put himself in charge of the prosecution

    He has since renewed the measures for a second 30-day period, and has not responded to calls for a roadmap for lifting them

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