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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.

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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.

Covid-19 variant: Saudi suspends UAE flights

    • The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad

    • The UAE  is a key leisure destination for Saudis.

    Saudi Arabia has suspended flights to the UAE, Ethiopia and Vietnam, including the neighbouring United Arab Emirates, to protect against “a mutated strain of the virus,” the Saudi Press Agency (SPA) has said.

    Earlier, the oil-rich kingdom had permitted fully immunised citizens to travel abroad, after a ban on foreign trips that lasted more than a year.

    The UAE announced last week it had recorded cases of the Delta variant and it has suspended flights to and from India.

    The UAE  is a key leisure destination for Saudis.

    Flights to and from the UAE, alongside those to Ethiopia and Vietnam, were suspended from Sunday, an interior ministry official said, quoted by the SPA.

    Saudi citizens and residents returning from these countries will be required to quarantine for 14 days, it added.

    Citizens would be banned “from travelling directly or indirectly, without obtaining prior permission from… authorities”.

    The decision was taken due to “the spread of a new mutated strain of the (Covid-19) virus”, it added, without explicitly mentioning the increasingly globally emergent Delta variant.