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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.
  • Climate crisis the next great threat for Iraq

    Only 3.5 percent of Iraq’s farmlands are watered with irrigation systems and rivers are polluted with viruses and bacteria, oil...

    Water shortages are killing animals and saline water has destroyed thousands of hectares of farmland

    Only 3.5 percent of Iraq’s farmlands are watered with irrigation systems and rivers are polluted with viruses and bacteria, oil spills and industrial chemicals

  • 4 children killed in Syria regime shelling: monitor

    Regime forces have stepped up shelling since June despite a cease-fire deal brokered by Russia and Turkey.

    Artillery fire hit a residential area in militia-dominated bastion of Idlib.

    Regime forces have stepped up shelling since June despite a cease-fire deal brokered by Russia and Turkey.

  • Iran nuclear talks could resume in September: EU

    Talks have been happening since April in Vienna to find a way to bring both sides back into full compliance

    Talks have been happening since April in Vienna to find a way to bring both sides back into full compliance

    The last round took place on June 20 with no date set for when they would continue. The EU chairs the meetings

  • Ships violating seafarers’ rights can’t enter UAE waters

    The country launches 'Supporting Our Blue Army' initiative that will seafarers overcome the challenges arising out of the pandemic, travel...

    Launch of ‘Supporting Our Blue Army’ initiative to protect rights of seafarers with ship owners and companies.

    Expected to have global impact, it will also help seafarers overcome the challenges arising out of the pandemic, travel restrictions.

  • Hezbollah chief vows ‘proportionate’ response to any Israel air strike

    Hezbollah leader Hassan Nasrallah described the air strikes this week as a 'very dangerous development'

    Hezbollah leader Hassan Nasrallah described the air strikes this week as a 'very dangerous development'

    Israel carried out its first air raids on Lebanese soil in years on Thursday, prompting Hezbollah to fire rockets back at the Jewish state the following day

  • Aramco likely to post bumper profit for Q2

    Aramco is expected to post a bumper profit for the second quarter of this fiscal on the back of high...

    Bank of America predicts a net profit of $24 billion in the second quarter, up 16 percent from the previous three months

    JPMorgan estimates $23.7 billion, while Alrajhi Capital is expecting Aramco to report $25.3 billion

  • Israeli foreign minister to visit Morocco

    Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United...

    Lapid’s visit comes after the first direct commercial flights between Israel and Morocco were launched in July

    Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United Arab Emirates, Bahrain and Sudan

  • G7 blames Iran in deadly tanker attack, US releases ‘evidence’

    The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday

    The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday

    Iran has strongly denied having any link to the attack on the M/T Mercer Street

  • OIC panel urges cooperation in post-Covid affairs

    Member states urged to work alongside regional and international stakeholders to devise people-centered policies.

    Member states urged to work alongside regional and international stakeholders to devise people-centered policies.

    Stress laid on cooperation with political, religious, and community leaders to foster universal human rights values.

  • US extends Iraq’s sanction waiver for four months

    The extensions follow a visit to Washington by Iraqi Prime Minister Mustafa al-Kadhemi to meet US President Joe Biden.

    The extensions follow a visit to Washington by Iraqi PM Mustafa al-Kadhemi to meet President Biden

    Iraq buys gas and electricity from neighbouring Iran to supply about a third of its power sector

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