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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.
  • Four space station crew members leave for Earth

    WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than six month mission.Led by American astronaut Jasmin Moghbeli, NASA's Crew-7 arrived at the research platform last August aboard a SpaceX Crew Dragon.The same spacecraft undocked on Monday morning, with Andreas...
  • TikTok dragged into US election as Trump opposes ban

    Years of on-and-off attempts of banning the Chinese owned app have resurged in the United States with the introduction of a bill in Congress that could see the app forced to cut ties with its Chinese owner, Bytedance. The US House of Representatives could vote this week on the bill...
  • UN head urges ‘silencing the guns’ in Gaza ahead of Ramadan

    "We have witnessed month after month of civilian killing and destruction at a level that is unprecedented in all my years as Secretary-General," he said.
  • Bitcoin hits fresh record above $72,000

    Bitcoin hit a fresh record above $72,000 on Monday as demand for the cryptocurrency picks up amid optimism that the Federal Reserve will cut interest rates this year. That comes after US authorities gave the green light this year to exchange-traded funds pegged to bitcoin's spot price, persuading some mainstream...
  • Cryptocurrency Ether witnesses meteoric rise since launch

    NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise.Launched in 2015, Ether, also known as Ethereum, is by far the second-largest digital currency in terms of total value,...
  • CIA, Mossad chiefs meet to ‘advance’ hostage release deal

    Israeli military spokesman Daniel Hagari said Israel was preparing for "all possible operational scenarios" during Ramadan, and that it plans to allow "freedom of worship under security and safety restrictions". Hagari said it was because of Hamas that a new truce deal had yet to be reached in the Gaza...
  • Thousands rally in London seeking a truce in Gaza

    London, UK - Thousands of protesters marched in central London on Saturday to call for a ceasefire in Gaza amid ongoing bombardments by Israel after the Hamas attack on its territory on October 7.Regular marches protesting Israel's military response to the attacks have seen dozens arrested for anti-Semitic chanting and banners,...
  • Amman Chamber of Industry exports for January-February 2024 reaches $1.3bn

    AMMAN, JORDAN - Amman Chamber of Industry (ACI) exports amounted to US$1.3 billion (JD926 million) during the last two months of 2024, compared to US$1.79 billion (JD1.272 billion) for the same period last year.According to statistical data obtained by Petra, exports of five sectors recorded an increase, while the rest...
  • US-led coalition shoots down 15 Yemen rebel drones: CENTCOM

    CENTCOM and coalition forces determined that the drones "presented an imminent threat to merchant vessels, US Navy and coalition ships in the region". It was one of the Houthis' largest attacks since they began in November a campaign of drone and missile strikes against ships in the Red Sea area,...
  • Canada to resume funding UN agency for Palestinians

    Canada has reviewed the investigation's interim report and "we were reassured by the contents," Minister of International Development said. He also announced that Ottawa will partner with Jordan and the World Food Program to conduct airdrops in Gaza to deliver desperately needed food and other essentials.
  • UN aid official presses for aid delivery to Gaza by land route

    The UN aid coordinator for the Palestinian territory Sigrid Kaag said her message to UN Security Council was that the international community must "flood the market in Gaza with humanitarian goods" and "re-energize the private sector" so more commercial goods can enter to meet civilians' needs.
  • US President orders military to set up a port in Gaza for aid, say officials

    President Joe Biden will tell Congress that he has ordered the US military to set up a port in Gaza to get more humanitarian aid by sea, senior US officials said. The announcement will not involve any US boots on the ground in the Palestinian enclave, as military personnel will...
  • Hamas expresses dissatisfaction over Israel’s stance on Gaza truce

    A senior Hamas official confirmed that the group's delegation in talks seeking a Gaza truce left Cairo for consultations in Doha, while voicing dissatisfaction with Israel's responses. "We are awaiting the final official response from the enemy (Israel)," said the official, who was involved in negotiations in Cairo but declined...
  • US vows to hold Houthis ‘accountable’ for deadly strike

    The Houthi rebels have been defiantly hitting ships in vital commercial waters in professed solidarity with the Palestinians as Israel pounds Hamas-ruled Gaza in response to the October 7 attack. Asked if the latest attack showed a failure of the US and UK strikes on the Houthis, Miller said, "We...
  • Envoys push for Gaza truce before Ramadan begins next week

    While negotiators in Cairo tried to surmount tough stumbling blocks, fighting again raged in Gaza where the UN warns famine looms and desperate crowds have stopped and looted food aid trucks. Gazans were waiting to collect bags of flour outside an office of the UN agency for Palestinian refugees, UNRWA,...
  • Egypt’s IMF loan increased by $5bn after central bank floats pound

    The agreement, announced by Egyptian Prime Minister Mostafa Madbouly and the IMF's mission chief for Egypt, Ivanna Vladkova Hollar, came hours after the country's central bank hiked interest rates and said it was floating the pound. By the time the markets closed on Wednesday, the Egyptian pound was trading at a...
  • Gold, bitcoin pull back from records as US stock markets slip

    On Wall Street, the Dow and the S&P 500 both finished 1.0 percent lower, while the tech-rich Nasdaq composite ended the day down 1.7 percent, pulled down by firms including Apple and Tesla. Despite the gloomy trading day in New York, US stock indices are still up sharply on the...
  • ASEAN, Australia call for ‘immediate and durable’ ceasefire in Gaza

    Southeast Asia is home to about 40 percent of the world's Muslim population, and ASEAN heavyweights Indonesia and Malaysia are staunch supporters of the Palestinian cause. But other influential ASEAN nations such as Singapore have closer ties with Israel -- and are less eager to stoke controversy.
  • ‘You’ve got to finish the problem’: Trump supports Israel’s war

    The fighting began with an attack by Hamas on southern Israel on October 7, resulting in about 1,160 deaths, most of them civilians, according to an AFP tally based on official Israeli figures. Israel's retaliatory offensive in the Gaza Strip has killed 30,534 people, mostly women and children, according to...
  • Trump comes close to ‘Super Tuesday’ clean sweep: US networks

    The former president, bidding for a sensational White House comeback after being unseated by Democrat Joe Biden in 2020, hopes to take home an almost-decisive haul of delegates on Tuesday in his march to the Republican Party nomination. Alabama, Arkansas, Colorado, California, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas...
  • US forces down drones, missiles fired at warship by Houthis

    The US military command said that its forces shot down one anti-ship ballistic missile and three one-way attack unmanned aerial systems launched from Houthi controlled areas of Yemen toward USS Carney in the Red Sea. Houthis have been attacking shipping in the Red Sea for months over Israel's war on...
  • Asian markets mostly down as China sets 5 percent growth goal

    Hong Kong, China - Asian markets largely fell on Tuesday after China set an ambitious five percent annual growth target and Wall Street shares dropped ahead of the release of key US economic indicators.Tokyo finished flat, a day after Japan's benchmark Nikkei index hit a record high, closing above 40,000 points...
  • Tesla stops production at German plant after suspected arson attack

    Michael Stuebgen, interior minister for Brandenburg state, said that "if initial findings are confirmed, this is a perfidious attack on our electricity infrastructure".
  • Food dispatch app Uber Eats launches robot deliveries in Tokyo

    Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they calculate routes on their own, using sensors to avoid pedestrians and other obstacles.Like self-driving delivery services launched by the company in North America, the Tokyo robots will be limited in...
  • American Airlines orders 260 jets

    It is part of the airlines' effort to 'modernize' its fleet.
  • UNRWA head seeks General Assembly support after backlash

    The head of the UNRWA is set to defend his organization's work at the General Assembly, after crippling backlash over accusations that some employees were involved in Hamas's October 7 attack on Israel. Philippe Lazzarini warned in a letter to the General Assembly's president that his agency is at a...
  • Diplomacy the ‘only way’ to end Israel-Hizbollah clashes: US envoy

    "A diplomatic solution is the only way to end the current hostilities" and achieve "a lasting fair security arrangement between Lebanon and Israel", Washington's envoy Amos Hochstein told reporters in Beirut, adding that "a temporary ceasefire is not enough". "A limited war is not containable," he said after meeting with parliamentary...
  • US Vice President calls for ‘immediate ceasefire’ in Gaza

    Taking an unusually sharp tone, Harris demanded Israel "do more to significantly increase the flow of aid" into Gaza, where she said people are starving and the conditions "inhumane". Pressure for a truce has mounted after attempted aid deliveries have descended into scenes of tragedy, and convoys have failed to...
  • Sharjah government issues 12-year bonds worth $750 million

    Sharjah, UAE -- Bank of Sharjah has acted as a joint lead manager and bookrunner in Sharjah government's issuance of a $750 million, 12-year US dollar-denominated senior unsecured sustainable bond, alongside other international and regional banks.The bond attracted significant investor interest, evidenced by an order book that exceeded $4 billion....
  • Gaza truce talks set to resume in Cairo as heavy fighting rages

    The Hamas official said that if Israel were to meet its demands -- which include a military withdrawal from Gaza and stepped-up humanitarian aid -- this would "pave the way for an agreement within the next 24-48 hours". The health ministry in the Hamas-ruled Gaza Strip said at least 90...
  • Trump wins vote in 3 states, edging toward nomination

    The voting Saturday in Missouri, Michigan and Idaho were hybrid internal elections with differing rules, in some cases reflecting rifts and tensions despite Trump's formidable sway. In Missouri, Trump swamped his main opponent, former South Carolina governor Nikki Haley, winning every county caucus in the state, The New York Times...
  • Israel accepts ceasefire deal with Hamas: US official

    A senior US official told reporters that the framework agreement envisages a six-week cessation of hostilities, which could begin immediately if the Palestinian movement Hamas signs off on the release of the most vulnerable hostages it holds. The official said that the Israelis have "more or less accepted it."
  • US military begins dropping aid into war-torn Gaza

    Israel's top ally the United States said it began air-dropping aid into war-ravaged Gaza, as the Hamas-ruled territory's health ministry reported over a dozen child malnutrition deaths. The start of the US relief operation came hours after President Joe Biden, who has pushed Israel to allow more aid in, announced...
  • US forces destroy Houthi surface-to-air missile: CENTCOM

    The Iran-backed Houthis, who control much of war-torn Yemen, have been attacking shipping in the Red Sea since November in a campaign they say is in solidarity with Palestinians in Gaza amid the Israel-Hamas war. US forces struck and destroyed a Houthi surface-to-air missile in Yemen on Friday after deciding...
  • Biden announces US aid air drops in Gaza

    Biden had been planning air drops for some time but Thursday's incident "certainly underscored for the president" the need to find other ways to get aid in, White House National Security Council spokesman John Kirby said. The United States planned to carry out multiple air drops that would last weeks,...
  • Hamas says Israeli military action kills 7 hostages in Gaza

    Hamas said that seven more hostages seized during its unprecedented attack on southern Israel on October 7 had died because of Israeli military operations in Gaza. Meanwhile, four more children have died of "malnutrition and dehydration" in war-torn Gaza, the Hamas-ruled territory's health ministry said, the latest such reported deaths...
  • Gold hovers near a month high on slowing US inflation

    ABU DHABI, UAE- Gold prices hovered near a month high on Friday after data suggested easing US price pressures, while traders awaited remarks from several Federal Reserve officials.According to Reuters, spot gold edged 0.2 percent higher to $2,047.29 per ounce, as of 0635 GMT, after hitting $2050.59 on Thursday -...
  • Split over Gaza and Ukraine, G20 meeting ends in discord

    Brazil's Finance Minister Fernando Haddad told a news conference in Sao Paulo that it was "impossible" to reach a final joint statement. The minister said the impasse was over the ongoing conflicts without explicitly mentioning Russia's invasion of Ukraine or Israel's ongoing military campaign in the besieged Gaza Strip.
  • Major stock markets trade mixed as US inflation data awaited

    London, United Kingdom - Major stock markets traded mixed Thursday before the release of US inflation data that could present a clearer idea on when the Federal Reserve will start cutting interest rates as inflation cools.Traders reacted also to yet more earnings, with the Paris CAC 40 reaching a fresh intra-day...
  • US implores Israel to let worshipers pray at Al-Aqsa in Ramadan

    United States has been pressing for a deal before Ramadan begins in which Israel would halt strikes in Gaza and hostages would be freed. The Israeli military campaign in Gaza has killed at least 29,954 people, mostly women and children, according to the latest figures by the health ministry in...
  • India, US at loggerheads over WTO reform at Abu Dhabi talks

    Abu Dhabi, United Arab Emirates -- A US-led push to reform the World Trade Organization's embattled dispute settlement system sparked divisions at a WTO meeting Wednesday, with India accusing Washington of bringing the trade body to a "standstill".A working session on dispute settlement reform was held on the third day of...
  • Apple drops electric car plans

    It had dedicated nearly 2,000 workers for the program.
  • US, Qatar hope for Israel-Palestine truce within days

    Netanyahu has faced increasing public pressure over the fate of the remaining hostages. Itamar Ben Gvir, Israel's far-right national security minister, said Netanyahu should not accept Hamas's "delusional requests" in negotiations, adding that "the war must continue", according to news website Ynet.
  • Geopolitical risks, sanctions keep commodity markets on edge

    Istanbul, Turkey--The commodity markets saw supply concerns and rises by optimism from China, despite the negative impact of the Fed's announcements, sanctions, and ongoing geopolitical risks.Uncertainties as to when the Fed will start cutting interest rates persist, and the minutes of last week's Federal Open Market Committee (FOMC) meeting showed...
  • US envoy blames Iran, Hizbollah for aiding Houthi attacks

    The US special envoy for Yemen, Tim Lenderking, told a Senate subcommittee that Iran was "equipping and facilitating" the Huthi attacks, which have triggered retaliatory US and British strikes on Yemen. He said many Iranian and Hizbollah operatives support Houthi attacks from inside Yemen.
  • 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 at degrading their ability to threaten a vital global trade route. The Houthis began attacking Red Sea shipping in November, saying they were hitting Israel-linked vessels in support of Palestinians ravaged...
  • 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 by Israel. Top officials from Egypt, Qatar, the United States, France and elsewhere have acted as mediators, seeking a halt to the fighting in the Gaza Strip and the release...
  • 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 the Western strikes targeting military facilities. The Houthi attacks have had a significant effect on traffic through the busy Red Sea route, forcing some companies into a two-week detour around...
  • Attack on Rafah would be ‘nail in coffin’ of Gaza aid: UN chief

    Speaking before the UN Human Rights Council in Geneva, Antonio Guterres said that Gaza's southernmost city, where more than 1.4 million Palestinians are crowded together in tent cities, was "the core of the humanitarian aid operation" in the Palestinian territory. Guterres stressed Monday that "nothing can justify Hamas's deliberate killing,...
  • Hawkish economic approach on China has bipartisan support in US, say analysts

    WASHINGTON, US  - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards China has become more targeted under President Joe Biden - though still hardline.Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher, whether Biden...