INSEAD Day 4 - 728x90

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.

Kuwait FM meets EU’s Josep Borrell in Munich to discuss ties

Kuwait Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah.
  • Sheikh Salem explained the stance of Kuwait on the issue of Schengen visa waiver for Kuwaiti nationals.
  • The talks between the two also dealt with several regional security challenges, including the war in Ukraine, the situation in the Middle East and Iran’s nuclear file

Munich, Germany–Kuwait Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah met High Representative of the European Union for Foreign Affairs and Security Policy Josep Borrell on the sidelines of the 59th Munich Security Conference.

During the meeting, Sheikh Salem explained the stance of Kuwait on the issue of Schengen visa waiver for Kuwaiti nationals.

Also read: Kuwait exports first shipment of quality diesel to shortage-hit Europe

Borrell, also Vice-President of the European Commission, showed understanding of Kuwait’s stance and interest in the visa waiver dossier, expressing desire to further cement the EU relations with Kuwait.

The talks also dealt with several regional security challenges, including the war in Ukraine, the situation in the Middle East and Iran’s nuclear file.

On separate occasions, the Kuwaiti foreign minister met his Slovenian and Swiss counterparts, Tanja Fajon and Ignazio Cassis, respectively, to discuss Kuwait’s relationship and cooperation with both European countries.