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.

22 die in a bus crash in southern Egypt

  • The bus carrying around 45 passengers crashed into the stationary truck near the village of al-Barsha, some 300 kilometers (185 miles) south of the capital Cairo
  • Crashes are relatively common in Egypt, where many roads are in disrepair and traffic regulations frequently ignored

At least 22 people were killed and 33 injured in southern Egypt on Tuesday when the bus they were traveling in smashed into a parked truck, officials said.

The bus carrying around 45 passengers crashed into the stationary truck near the village of al-Barsha, some 300 kilometers (185 miles) south of the capital Cairo in al-Minya governorate.

“The truck was parked on the side of the road to change a tyre when it was hit from behind by the bus traveling from Sohag governorate to Cairo,” a statement from the governorate said.

Crashes are relatively common in Egypt, where many roads are in disrepair and traffic regulations frequently ignored.

Some 7,000 people died in road accidents in the country in 2020, according to official figures.