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.

Algerian, South African ministers discuss ways to boost economic cooperation

The two ministers reviewed several issues raised at the 15th BRICS Summit. (QNA)
  • The two ministers discussed the available opportunities to enhance trade exchange between Algeria and South Africa.
  • The aim of trade exchange and joint investment is achieving sustainable development in the region.

JOHANNESBURG, SOUTH AFRICA – Algerian Minister of Finance Laaziz Faid discussed with South African Finance Minister Enoch Godongwan, ways to enhance economic cooperation between the two countries.

During the meeting on Thursday, the two ministers discussed the available opportunities to enhance trade exchange and joint investment, with the aim of achieving sustainable development in the region.

The South African minister expressed his country’s support for Algeria’s accession to the BRICS Bank.

Godongwan said that all possible efforts will be made to speed up the accession process.

The two leaders reviewed several issues raised at the 15th BRICS Summit. Issues, especially those related to financial and monetary cooperation, were also discussed and reviewed by the two ministers.