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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.
  • EU ready to cooperate with Iran

    EU Foreign Policy Chief Josep Borrell had a conversation with Iranian Foreign Minister Hossein Amir-Abdollahian in this regard.

    The EU urged Iran to set date for the next meeting on nuclear talks in Vienna

    The participation of an EU representative in the Iranian president’s inauguration ceremony showed EU determination

  • Lebanon taps Dubai’s ENOC for fuel swap

    Lebanon is expected to use ENOC’s fuel to generate electricity, as the Iraqi oil is deemed unsuitable for the process.

    As part of the deal, Lebanon will give ENOC 84,000 tons of Iraqi high-sulfur fuel oil

    In return, the country will receive 30,000 tons of Grade B fuel oil and 33,000 tons of gasoil

  • Raisi vows to improve Iran economy, Covid-19 response

    The pandemic has hit the worst in the Middle East and it grapples with a fifth and the strongest yet...

    Fewer than 6.5 million of Iran’s 83 million people have received a second vaccine dose, according to official figures.

    Choked by US sanctions that have made it difficult to transfer money abroad, Iran says it has struggled to import vaccines.

  • Dozens die in Kabul airport blasts; Islamic State claims responsibility

    Islamic State struck the crowded gates of Kabul airport in a suicide bomb attack on Thursday, killing scores of civilians...

    The airport blasts came as the August 31 deadline looms for the United States to withdraw its troops.

    US President Joe Biden has vowed to hunt down those responsible for the attack that reportedly dozens, including 13 US troops

  • Qatar gets first batch of Boeing F-15 fighter jets

    They were produced by the United States and Boeing in partnership with Qatar itself.

    The rollout took place on Wednesday in a ceremony at Boeing’s headquarters in the US state of Missouri

    Qatar’s Minister of State for Defense Affairs Khalid bin Mohamed Al Attiyah was in attendance

  • UAE helps 28,000 flee Afghanistan: official

    The UAE and Qatar have been instrumental staging posts for evacuation flights for Western countries' citizens as well as Afghan...

    The UAE and Qatar have been instrumental staging posts for evacuation flights for Western countries' citizens as well as Afghan interpreters, journalists and others

    Of the headline 28,000 to have passed through the Emirates, some 12,000 were evacuated by Britain, and 9,000 by the US

  • Israeli PM promises ‘new spirit’ in Biden meeting

    Israeli Prime Minister is meeting with the US President at the White House

    Israeli Prime Minister is meeting with the US President at the White House

    He told reporters ahead of his first state visit that Biden was "an old and true friend of the State of Israel."

  • Emirates allows Beirut travelers 10kg extra baggage

    Emirates said it had last year set up a humanitarian airbridge with Lebanon, dedicating flights to deliver much needed emergency...

    Increase in allowance to help people carry medical and other goods to Lebanon.

    Shortage of supplies has hit Lebanon, which is undergoing one of the worst economic crises in history.

  • Iran to sell more electricity to Pakistan

    Iran at the moment has electricity exchange with Armenia, Azerbaijan, Iraq, Turkmenistan, and Afghanistan.

    Pakistan is all set to increase its electricity import from Iran to 70 MW

    It will use this power at its under-development Gwadar port

  • US warns of ‘terror threat’ as crowds throng Kabul airport

    The US State Department warning is unusually specific, mentions several gates that should be vacated immediately.

    London warning reads: ‘If you can leave Afghanistan safely by other means, you should do so immediately.’

    Washington and its allies have been flying thousands of Afghans out of the airport every day on hulking military transports.

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