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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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.
  • Huawei profit tops $12bn

    The profits more than doubled compared to 2022.
  • Embracer sells Borderlands

    The sale is expected to be completed by June-end .
  • Russia says ‘evidence’ links Ukraine to Moscow attack

    MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside Moscow were linked to "Ukrainian nationalists", a claim that the United States called nonsense.President Vladimir Putin and his security services continue to allege Kyiv and the West were involved somehow...
  • What do scientists hope to learn from total solar eclipse in US?

    Washington, United States -- When a rare total solar eclipse sweeps across North America on April 8, scientists will be able to gather invaluable data on everything from the Sun's atmosphere to strange animal behaviors -- and even possible effects on humans.It comes with the Sun near the peak of its...
  • US shoots down four Houthi drones in Red Sea

    In November, the Houthis launched a campaign of drone and missile strikes against vessels in the Red Sea, an area vital for world trade, in professed solidarity with Palestinians during Israel's war against Hamas in the Gaza Strip. US and British forces have responded with strikes against the Houthis, who...
  • Aramco CEO terms energy transition strategy a failure

    Speaking at the CERAWeek conference in Houston, Saudi Aramco Chief Executive Amin Nasser said that the current transition strategy is visibly failing on most fronts. adding that this is "hardly the future picture some have been painting." Fossil fuels accounted for 82% of global consumption last year.
  • Israel backtracks on canceled Rafah talks: US official

    Israel's prime minister cancelled the visit after the US abstained on the UNSC vote, allowing it to pass. But Israel backtracked, after the White House said it was "perplexed" by the move. The U-turn came after Israeli defense minister had "constructive discussions" with senior US officials in Washington.
  • California looks to Europe to rein in deployment of AI

    The richest state in the United States by GDP, California is a hotbed of no-holds-barred tech innovation, but lawmakers in state capital Sacramento want to give the industry laws and guardrails it has largely been spared in the internet age. Brussels has enacted a barrage of laws on US-dominated tech...
  • UN Palestinian agency chief says funding secured until end of May

    Gaza has endured almost six months of war and a siege that has cut off most food, water, fuel and other supplies, and the UN has warned that its 2.4 million people are on the brink of a "man-made famine". The flow of aid trucks from Egypt has slowed amid...
  • Syria strikes kill 17 including Iran Guard, WHO worker

    According to the Syrian Observatory for Human Rights monitor, an Iranian Revolutionary Guards adviser, his two Iranian security escorts, and four Syrian and nine Iraqi fighters with pro-Iran groups were killed in strikes on a villa in Deir Ezzor city and on the town of Albu Kamal on the Iraqi...
  • US defense chief tells Israeli counterpart that Gaza toll is ‘too high’

    US Defense Secretary Lloyd Austin told his Israeli counterpart Yoav Gallant that civilian casualties in Gaza are "too high". A separate Israeli delegation was supposed to visit Washington to discuss US concerns over Prime Minister Benjamin Netanyahu's plans to launch an assault Rafah, where much of Gaza's population has sought...
  • Regulated dollar transactions on the rise in Iraq, says central bank

    With dollars dominating the country's economy, Baghdad has imposed a series of restrictions on the use of American greenbacks domestically. At the end of 2022 the country's bankings sector also adopted the international financial messaging system known as SWIFT as part of the reforms, to help tackle money laundering and...
  • No let-up in Gaza war despite UN ceasefire resolution

    The resolution demanding an "immediate ceasefire" was adopted Monday after Israel's closest ally the United States abstained. Washington insisted that its abstention, which followed numerous vetoes, did not mark a shift in policy, although it has taken an increasingly tougher line with Israel in recent weeks.
  • China supports new UNSC draft resolution on Gaza ceasefire

    Last Friday, the Security Council voted on a draft submitted by the United States that called for an "immediate" ceasefire linked to the release of hostages. China and Russia vetoed the resolution, criticizing it for stopping short of explicitly demanding Israel halt its campaign.
  • Chinese-owned tanker hit by Houthi missile in Red Sea

    The Panamanian-flagged, Chinese-owned and operated Huang Pu issued a distress call but did not request assistance, US Central Command said. The rebels, who control much of Yemen's Red Sea coast, have launched dozens of missile and drone strikes on shipping over the past four months, actions they say are in...
  • US military says struck 3 Houthi underground storage sites in Yemen

    The Houthis began attacking ships in the Gulf of Aden and the Red Sea in November, a campaign they say is intended to signal solidarity with Palestinians in Gaza. They have vowed to target Israeli, British and American ships, as well as vessels heading to Israeli ports, disrupting traffic through...
  • UN chief to visit Gaza border as Israel vows to go ahead with Rafah attack

    On Saturday, UN chief Guterres plans to meet with aid workers on the Egyptian side of Rafah, just across the border from the Gazan city where 1.5 million Palestinians have taken refuge. International efforts to pause the almost six months of fighting have grown increasingly desperate, with the Hamas-run health...
  • Iraqi PM to visit Washington for troop talks

    Washington, US – President Joe Biden will welcome Iraq's prime minister on April 15 for talks on the US troop presence, the White House announced on Friday, as tensions subside following US clashes with pro-Iran militias.It will mark the first trip to Washington by Prime Minister Mohamed Shia al-Sudani, who took...
  • US, Israel hold talks as Gaza truce plan fails at UN

    Israel plans to send troops into Gaza's Rafah even without US support, Prime Minister Benjamin Netanyahu told Antony Blinken, as Washington failed to pass a UN resolution on an "immediate" ceasefire. Almost six months of Israeli bombardment since Hamas's October 7 attack has brought Gaza to its knees with many...
  • UNSC to vote on new Gaza truce resolution after Russia, China veto US bid

    The draft resolution, seen by AFP, "demands an immediate ceasefire" for the ongoing Muslim holy month of Ramadan that leads "to a permanent sustainable ceasefire" respected by all sides. It also demands both the "immediate and unconditional" release of Israeli hostages.
  • Middle East oil policies not dictated by US, says Russia

    MOSCOW, RUSSIA – US will no longer be able to dictate oil prices in the Middle East, Director of the Russian Foreign Intelligence Chief Sergey Naryshkin said.The Russian official made the statement in the documentary "Oil" on the premier online platform.“The ‘hegemon’ has lost a step. It is no longer...
  • ENEC and General Atomics to collaborate on use of technology for nuclear energy

    Abu Dhabi, UAE--The Emirates Nuclear Energy Corporation (ENEC) today announced that it has signed a Memorandum of Understanding (MoU) with General Atomics (GA), a leading US advanced technology solutions company, to collaborate on using advanced technologies and materials for nuclear energy supply.They will also cooperate on prospects that utilise ENEC's...
  • Israel spy chief to return to Qatar for Gaza truce talks

    The Israeli prime minister's office said that Benjamin Netanyahu approved an Israeli delegation led by Mossad head David Barnea to go to Qatar" on Friday. Barnea was in Doha Monday but flew back home after talks were restarted following failed efforts to secure a truce before the holy month of...
  • UN General Assembly to address AI’s potential risks, rewards

    The resolution focuses more on the technology's positive potential, and calls for special care "to bridge the artificial intelligence and other digital divides between and within countries." The draft resolution, which is the first on the issue, was brought forth by the United States and will be submitted for approval...
  • COP hosts UAE, Azerbaijan, Brazil pledge stronger climate action

    Paris, France--Past and future hosts of the UN climate negotiations the United Arab Emirates, Azerbaijan and Brazil announced Wednesday they would cut their own emissions in line with limiting global warming to 1.5 degrees Celsius.Nations have been under pressure to keep this warming limit alive by pledging to accelerate their efforts...
  • ‘US circulates draft UN resolution calling for immediate truce in Gaza’

    "Of course, we stand with Israel and its right to defend itself... but at the same time, it's imperative that the civilians who are in harm's way and who are suffering so terribly -– that we focus on them, that we make them a priority, protecting the civilians, getting them...
  • White House announces $20bn in grants, loans to boost Intel chip production

    Washington, United States - The White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US chip-making facilities, marking the Biden administration's largest funding announcement yet as it tackles China's dominance of the crucial technology.President Joe Biden's decision to make the announcement during a trip to...
  • Israel’s Gallant to visit US as Rafah pressure builds

    During his first visit to Washington since war erupted in response to Hamas's unprecedented October 7 attack, Gallant is due to meet Pentagon chief Lloyd Austin -- but no date was announced. They will discuss "developments in the war against Hamas, force build-up, humanitarian issues and areas of bilateral military...
  • Federal Reserve begins two-day talk on interest rates

    Washington, United States - The US Federal Reserve began two days of discussions on Tuesday at which policymakers are expected to hold firm on interest rates, and continue discussions about when to start cutting them.The meeting got under way in Washington at 9am local time (1300 GMT) on Tuesday, the Fed...
  • S.Africa says Israel war undermining top UN court

    South Africa's top diplomat accused Israel of setting a precedent for leaders to defy the top UN court, as she again alleged a campaign of starvation in Gaza. South Africa has hauled Israel before the International Court of Justice to allege genocide in the war triggered by the October 7...
  • Blinken to visit Saudi Arabia, Egypt to discuss Gaza ceasefire: spokesman

    Blinken will hold talks with Saudi leaders in Jeddah on Wednesday before travelling to Cairo on Thursday for talks with Egyptian authorities, spokesman Matthew Miller said from the Philippines, where Blinken is touring. -This will be Blinken's sixth trip to the Middle East since the start of the war.
  • US destroys Houthi missiles, drones in new Yemen strike

    United States Central Command forces operated "in self-defense" when they engaged and destroyed the anti-ship missiles and unmanned aerial vehicles, as well as three weapons storage containers in Houthi-controlled areas, CENTCOM said in a statement posted on X, the former Twitter.
  • ByteDance’s dilemma: Defending TikTok’s ‘secret sauce’ from US interference

    Seoul, South Korea - As a US campaign to sever TikTok from its Chinese parent heads to the Senate, analysts say Beijing's response to a forced sale of the app -- and its 'secret sauce' algorithm -- will be clear: Hands off.Under new legislation that passed the House of Representatives last...
  • Palestinians ‘need the bombs to stop,’ Irish PM says at White House

    Varadkar has been one of Europe's most critical leaders over Israel's campaign in Gaza, which began when Hamas launched an unprecedented attack on the southern part of the country.
  • Gemini’s inaccurate AI racial images warn of tech titans’ power

    AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out images of Black and Asian Nazi soldiers was seen as a warning about the power artificial intelligence can give tech titans.Google CEO Sundar Pichai last month slammed as "completely unacceptable"...
  • Trump hails election as ‘most important date’ in US history

    Earlier this month Trump and Biden each won enough delegates to clinch their party nominations in the 2024 presidential race, all but assuring a rematch and setting up one of the longest election campaigns in US history. Among the issues Trump is campaigning on is sweeping reform of what he...
  • Noura Al Kaabi leads UAE’s delegation to UN Commission on the Status of Women

    NEW YORK, US – Minister of State Noura Al Kaabi led the United Arab Emirates’ delegation to the 68th session of the United Nations Commission on the Status of Women (CSW).The priority theme for CSW68 is “Accelerating the achievement of gender equality and the empowerment of all women and girls...
  • US charity says aid unloaded, ready for delivery in Gaza

    A US charity said its team in the war-ravaged Gaza Strip had finished unloading the first maritime aid shipment to reach the besieged territory. "All cargo was offloaded and is being readied for distribution in Gaza," World Central Kitchen said in a statement, noting that the aid was "almost 200...
  • US sanctions network smuggling American tech to Iran’s central bank

    US Treasury sanctioned a number of alleged ISC subsidiaries and front companies based in Turkey and the United Arab Emirates, and three individuals allegedly linked to them including Pouria Mirdamadi, a French-Iranian dual national. "The United States will continue to use all available means to disrupt the Iranian regime's illicit...
  • Nervous system disorders surpass heart ailments as top cause of illness

    Paris, France - Conditions affecting the nervous system -- such as strokes, migraines and dementia -- have surged past heart disease to become the leading cause of ill health worldwide, a major new analysis said on Friday.More than 3.4 billion people -- 43 percent of the global population -- experienced a...
  • US forces ‘destroy’ Houthi anti-ship missiles and drones in Yemen

    Dubai, United Arab Emirates--The US military said Thursday it had destroyed nine anti-ship ballistic missiles and two drones in Yemen after Houthi rebels fired on ships in the Red Sea and Gulf of Aden.US Central Command (CENTCOM) said two missiles fired by the Houthi rebels towards the Red Sea and two...
  • Leader of US Senate calls for election in Israel

    The leader of the US Senate called for Israel to hold new elections in the most strident criticism yet by a senior American official of Prime Minister Benjamin Netanyahu's handling of the war in Gaza. The remarks from Chuck Schumer came amid increased pressure from President Joe Biden over the...
  • Brighter US economic outlook fuels global oil demand growth forecast

    Rising fuel needs of ships rerouted away from the Red Sea also to increase demand, the International Energy Agency said. Commercial ships have been taking longer and costlier journeys around the southern tip of Africa to avoid attacks by Yemen's Houthi rebels in the Red Sea.
  • China to take ‘all necessary measures’ to protect interests after US TikTok vote

    Beijing, China--China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its Chinese parent company, vowing that Beijing would "take all necessary measures" to protect the interests of its companies overseas.The short-video app has soared in popularity worldwide but its ownership by...
  • Trump, Biden clinch enough delegates for US presidential nomination

    The results in four statewide elections Tuesday, the latest in the months-long march to determine the Democratic and Republican party flagbearers, were essentially a foregone conclusion as incumbent Biden and former president Trump had already seen off all primary challengers.
  • US troops depart for mission to build temporary Gaza aid port

    The first -- a hulking gray-painted watercraft known as a Logistics Support Vessel -- slowly churned away from the pier at Joint Base Langley-Eustis, Virginia. It was followed by three smaller vessels that will also make the roughly 30-day trip to the eastern Mediterranean for the port mission.
  • Qatar says Israel and Hamas are ‘not near a deal’ on Gaza truce

    "We are not near a deal, meaning that we are not seeing both sides converging on language that can resolve the current disagreement over the implementation of a deal," said foreign ministry spokesman Majed al-Ansari. He added that he could not "offer any timeline" on an agreement.
  • US hits targets in Yemen as Houthis vow to step up attacks

    The Houthis claimed responsibility for the attack on the Pinocchio in a statement early Tuesday, maintaining the missile strike "was accurate". The British maritime security agency UKMTO had previously said a ship in the area "reported a sound of an explosion" in its vicinity southwest of the Yemeni port of...
  • Ford to pay US$365m in US tariff fraud case

    It will settle a civil suit linked to the disguising of imported vans.
  • Gaza war rages on as Islamic holy month of Ramadan begins

    As the Muslim world welcomed Ramadan with the customary daytime fast, many Gazans awoke to bombardment that saw residents once more search through the rubble of destroyed homes for survivors and bodies.