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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.
  • UAE announces US$2,722 penalty for late corporate tax registration

    ABU DHABI, UAE – The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024...

    A penalty of US$2,722 (AED10,000) will be imposed on businesses that do not submit their Corporate Tax registration applications on time.

    The penalty was implemented to prompt taxpayer compliance with laws through timely corporate tax registration.

  • France says ‘nothing ruled out’ to thwart Russia in Ukraine

    French Prime Minister Gabriel Attal told the RTL broadcaster that there was "no consensus" on any "official" deployment of ground...

    Speaking a day after President Emmanuel Macron said that sending Western ground troops was not excluded, prime minister Attal said that "you can't rule anything out in a war."

    Macron, after hosting a meeting of two dozen European leaders to discuss Ukraine, on Monday painted a grim picture of a Russia whose positions he said were "hardening."

  • Hizbollah fires new barrage of rockets at Israeli air base

    Beirut, Lebanon--Lebanon's Hizbollah said it launched a salvo of rockets at an Israeli air control base on Tuesday in retaliation for...

    The Lebanese armed group said it targeted the "Meron air control base... with a large salvo of rockets from several launchers"

    Hizbollah's rocket assault was sparked off after Israel struck Hizbollah targets near the city of Baalbek, killing two of its fighters

  • US welcomes Palestinian Authority reform after PM quits

    The Palestinian leadership has been divided since 2007, with the Palestinian Authority exercising limited power in the West Bank. Blinken...

    "We do welcome steps for the PA to reform and revitalize itself," State Department spokesman Matthew Miller told reporters, using the Palestinian Authority's initials

    State Department spokesman declined to comment directly on the resignation of prime minister Mohammad Shtayyeh, saying it was an internal matter for Palestinians

  • US targets Houthi vessels, missiles in latest attack

    Yemen's Houthis have been targeting shipping for months and their attacks have persisted despite repeated US and British strikes aimed...

    US forces destroyed surface vessels, anti-ship cruise missiles, and an aerial vehicle

    Over the weekend, US and British forces carried out strikes against 18 Houthi targets

  • Gaza ceasefire could start by next Monday: Joe Biden

    A deal between Hamas and Israel could include the exchange of dozens of hostages for several hundred Palestinian civilians held...

    Biden said in New York that "we're close, we're close, we're not done yet"

    An unnamed Israeli official told news site Ynet the "direction (of the talks) is positive"

  • Hizbollah fires rockets after deadly Israeli strikes on east Lebanon

    Hizbollah announced several other attacks on Israeli sites and troops on Monday, with local media also reporting Israeli strikes on...

    The Israeli army told AFP that "dozens of rockets" had been launched from Lebanon but there were no immediate reports of casualties

    Earlier Israel targeted Hizbollah "aerial defence" sites in retaliation for the group's downing one of its drones in south Lebanon

  • Two Hizbollah members killed by Israeli strike in Lebanon

    Baalbek, Lebanon - Israeli strikes near the Hizbollah-dominated city of Baalbek killed two group members on Monday, two security sources told...

    "Two Hizbollah members were killed in the Israeli strikes near Baalbek," a security official told AFP, with another security source also confirming the toll

    Earlier Monday, one of the sources had told AFP that "an Israeli strike hit a building housing a Hizbollah civilian institution" in a Baalbek suburb

  • Palestinian PM resigns over ‘Gaza aggression, West Bank escalation’

    The resignation of the government in the West Bank comes as several countries, including the United States, have called for...

    He called for inter-Palestinian consensus and the "extension of the (Palestinian) Authority's rule over the entire land of Palestine".

    "We will remain in confrontation with the occupation ... and will continue to struggle to establish a state on the lands of Palestine," he said.

  • Yemen rebels announce first civilian death in US-UK strikes

    The Houthis, who control war-torn Yemen's most populated areas, have previously reported the death of 17 of their fighters in...

    One person was killed and eight wounded, the Houthis' official news agency said late on Sunday, a day after US and British forces said they fired on 18 targets across the country

    US-British strikes were in response to dozens of Houthi drone and missile attacks on Red Sea shipping since November, which the rebels say are in solidarity with Palestinians