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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.
  • Covid-19: Abu Dhabi issues new travel norms for green countries

    From Sunday, vaccinated travelers arriving into Abu Dhabi from green list destinations will have to take a PCR test on...

    Effective from Aug. 20, only vaccinated persons will be allowed to enter public places.

    The persons with a new residency permit have a grace period of 60 days to be vaccinated.

  • No survivors in Turkey fire-fighting plane crash

    The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed...

    The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed swathes of forest along the scenic southern coast

    Scientists believe such natural disasters are becoming more intense and frequent because of global warming caused by polluting emissions

  • Qatar to Taliban: Adopt ceasefire

    It is the clearest call to date from Qatar, which hosts the Taliban's politics office, for the militants to halt...

    It is the clearest call to date from Qatar, which hosts the Taliban's politics office, for the militants to halt their lightning advance across Afghanistan

    It followed a meeting in Doha between the minister, Sheikh Mohammed bin Abdulrahman Al-Thani, and the head of the Taliban's political office, Mullah Abdul Ghani Baradar

  • Tunisia: US envoys want democracy back

    Jon Finer, the deputy national security advisor, and the top US diplomat for the Middle East, Joey Hood, traveled to...

    Jon Finer, the deputy national security advisor, and the top US diplomat for the Middle East, Joey Hood, traveled to Tunis and met both Saied and civil society leaders

    Finer delivered a message from President Joe Biden "urging a swift return to the path of Tunisia's parliamentary democracy."

  • OFID lends Jordan $70m to boost economy

    The loan is expected to be used to provide for stimulus packages to for workers and create new jobs.

    The loan will support the creation of some 14,500 jobs in the forestry and tourism sectors

    It will also promote the employment of fresh graduates in the ICT sector, and strengthen the staffing of healthcare institutions

  • US’ Iran sanctions target Omani man, firms

    The US Department of Treasury said the sanctions are on ‘individuals and businesses’ involved in a network that smuggled oil...

    The US has sanctioned an Omani national Mahmood Rashid Amur Al Habsi, who it said helped smuggled oil out of Iran

    On the list of sanctions are also two companies owned by Al Habsi, and a tanker used to ferry oil

  • Clashes in Syria’s Daraa: What is the fighting about?

    Daraa, which borders Jordan and is close to the Israeli-occupied Golan Heights, is widely seen as the cradle of the...

    Nearly half of the population of Daraa has fled heavy shelling and ground battles.

    Civilians were suffering from acute shortages of food, fuel, water and medicines, says UN Special Envoy.

  • Speed up Covid-19 origin studies: WHO

    Locating origins of the pandemic began important for establishing the origins of all future animal-human spillover events, WHO said.

    Locating origins of the pandemic began important for establishing the origins of all future animal-human spillover events, WHO said.

    Advises against blame game or politicizing the pandemic situation.

  • Palestinians get 150,000 doses of Pfizer virus vaccine

    A Health Ministry statement said that of 4 million doses ordered from the pharmaceutical giant, 1 million have been received...

    On Thursday, authorities identified 199 new infections in the West Bank, which is home to 2.8 million Palestinians.

    There have been 2,503 deaths from coronavirus in the West Bank out of a recorded 200,838 cases.

  • Lebanon leaders, central bank lock horns over fuel subsidies

    In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for...

    The central bank on Wednesday ended subsidies on imported fuel, and instead offered importers a line of credit

    Caretaker Prime Minister Hassan Diab said the move ‘contravenes the law’

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