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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.

Sharjah Islamic Bank Q1 profit rises 19.4 percent

Sharjah Islamic Bank (SIB) reported a 19.4 percent rise in first-quarter net profit, supported by higher income from Islamic financing...

Pakistani delegation heads to Tehran, will plan second round of US-Iran talks

The visit follows a first round of negotiations held in Islamabad over the weekend that failed to produce a deal...
  • Trump also suggested that Tehran is keen to return to the negotiating table, adding that Iran appears to want to “make a deal very badly.”
  • He hinted at a possible second round of direct talks in Pakistan within days, signalling a potential diplomatic opening even as military pressure continues

National Bonds reports record 2025 results as funds exceed $4.9 billion

National Bonds said it posted its strongest annual performance in two decades, with bondholders’ funds surpassing $4.9 billion in 2025.The...
  • The company has distributed more than $1.09 billion in profits and rewards since inception.
  • National Bonds said it has helped create 232 millionaires through disciplined savings programs.

Countdown begins for NASA’s historic Moon mission

If successful, Artemis II will carry four astronauts on a lunar flyby, testing critical systems needed for future missions that...
  • The launch window opens April 1 at 6:24 pm local time, with backup opportunities available through April 6.
  • The crew — including three Americans and one Canadian — is in quarantine ahead of the mission, which will mark several historic firsts.

AD Ports records $564 million 2025 net profit

The company said revenue grew 20 percent year-on-year to $5.65 billion, while net profit increased 16 percent, supported by strong...
  • The company said its customer base grew by nearly 20 percent in 2025, while spending by its top 10 customers rose around 40 percent.
  • AD Ports also said it would raise about $1.25 billion through an asset monetization programme.

UAE real estate gains momentum on strong 2025 base as Mar sales surge

Dubai, UAE -- The UAE’s real estate sector extended its upward trajectory in March, with robust project launches, steady construction...
  • Dubai records landmark AED422 million apartment sale as luxury segment demand accelerates further.
  • Abu Dhabi sees rapid sell-outs, with AED6 billion in Yas Island project sales within 72 hours.

Millions join ‘No Kings’ protests across US

More than 3,000 rallies were held across all 50 states, with participation estimates ranging from several million to as many...
  • The protests, organized under a decentralized movement opposing what demonstrators describe as authoritarian governance, also drew support in more than a dozen countries.
  • The scale of the protests signals renewed momentum among critics of Trump and could have implications for upcoming elections, analysts say.

Emaar Development to pay $1.1 billion dividend

The dividend represents 100 percent of its share capital. The company reported record property sales of approximately $19.4 billion in...
  • EBITDA increased 52 percent to roughly $3.9 billion, with net profit before tax reaching $4.2 billion.
  • The developer highlighted a revenue backlog of approximately $34.1 billion supporting future growth visibility.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.
  • It was approved at a meeting attended by 85 percent of shareholders.
  • The company also ratified its 2025 financial statements and performance report.

Dubai Chambers partners with DP World and Customs to boost logistics resilience

Dubai, UAE — Dubai Chambers, in collaboration with Dubai Customs and DP World, convened a meeting with around 100 private...
  • Dubai brings public and private sectors together to address logistics disruptions and ensure smoother trade flows.
  • Industry leaders explore practical solutions to enhance efficiency and adapt to evolving global supply chain pressures.

UAE Central Bank to hold rate after Fed pause amid regional tensions

Fed Chair Jerome Powell signalled a cautious approach, noting that elevated energy prices and geopolitical tensions could complicate the inflation...
  • The CBUAE said it would also maintain the rate applicable to short-term borrowing at 50 basis points above the Base Rate for all standing credit facilities.
  • Central Banks of GCC countries --Kuwait remains a partial exception-- typically adjust their policy rates in lockstep with the Fed, as their currencies being pegged to the dollar.

Sharjah Islamic Bank Q1 profit rises 19.4 percent

Sharjah Islamic Bank (SIB) reported a 19.4 percent rise in first-quarter net profit, supported by higher income from Islamic financing...

Latest News

Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai

Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....

Countdown begins for NASA’s historic Moon mission

If successful, Artemis II will carry four astronauts on a lunar flyby, testing critical systems needed for future missions that...

AD Ports records $564 million 2025 net profit

The company said revenue grew 20 percent year-on-year to $5.65 billion, while net profit increased 16 percent, supported by strong...

UAE real estate gains momentum on strong 2025 base as Mar sales surge

Dubai, UAE -- The UAE’s real estate sector extended its upward trajectory in March, with robust project launches, steady construction...

Most Read

Emaar Development to pay $1.1 billion dividend

The dividend represents 100 percent of its share capital. The company reported record property sales of approximately $19.4 billion in...
  • EBITDA increased 52 percent to roughly $3.9 billion, with net profit before tax reaching $4.2 billion.
  • The developer highlighted a revenue backlog of approximately $34.1 billion supporting future growth visibility.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.
  • It was approved at a meeting attended by 85 percent of shareholders.
  • The company also ratified its 2025 financial statements and performance report.

Dubai Chambers partners with DP World and Customs to boost logistics resilience

Dubai, UAE — Dubai Chambers, in collaboration with Dubai Customs and DP World, convened a meeting with around 100 private...
  • Dubai brings public and private sectors together to address logistics disruptions and ensure smoother trade flows.
  • Industry leaders explore practical solutions to enhance efficiency and adapt to evolving global supply chain pressures.