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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.

Saudi Arabia, Japan sign 26 new cooperation deals

The deals signed during Japanese Prime Minister Fumio Kishida's official visit to Saudi Arabia reflect the shared commitment to the...
  • The deals signed during Japanese Prime Minister Fumio Kishida's official visit to Saudi Arabia reflect the shared commitment to the Saudi-Japanese Vision 2030
  • The two nations' trade volume reached $47.489 billion in 2022 as Saudi Arabia continues to be a key energy partner to Japan, providing 40 percent of its oil needs

ADX grew 20 percent in 2022, says CBUAE

ABU DHABI, UAE - The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 said the FTSE ADX...
  • The Abu Dhabi Securities Exchange (ADX) trading value increased by 21.9 percent to AED 451 billion ($122.78bn)
  • Foreign investment in ADX increased, with total net foreign investments recording an inflow of AED 24 billion ($6.53bn) in 2022

Dubai to expand EV charging points by 170 percent till 2025

DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) aims to grow the city’s network of public charging stations by 170...
  • Dubai Electricity and Water Authority aims to grow the city’s network of public charging stations by 170 percent in less than three years.
  • The emirate’s Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy 2050 seek to generate 100 percent of its power from clean energy sources by 2050.

AI and real doctors review medical cases in China

CHENGDU, CHINA - AI doctors and real doctors held an evaluation for the first time in Chengdu Haiersen Hospital, Southwest...
  • In the 91 cases reviewed, an AI doctor, "MedGPT", and the attending doctors reached 96 percent agreement on case results
  • There were seven departments and eight consultation desks on-site, including two cardiology units, urology, orthopaedics, etc

Russian security crisis eases as Wagner forces leave Russia

Wagner fighters, who had launched a mutiny to overthrow Russia's military leadership, are reported to be leaving the Voronezh region...
  • Kremlin announces the end of the mutiny after Wagner chief agrees to exile in Belarus
  • The deal averts immediate assault on Moscow but highlights vulnerabilities in Putin's rule

Iraq’s finance and business center to be a hub for trading, selling

BAGHDAD, IRAQ - The Finance and Business Center in Iraq is set to become a hub for trading and selling...
  • The Prime Minister's financial advisor emphasized the center's role in Iraq's financial and banking development strategy.
  • He said that the center would cater to both the banking and non-banking financial businesses, such as insurance companies.

Rebels seize military base, pose serious challenge to Putin’s rule

Rebel mercenaries have seized a crucial military base and are making their way north towards Moscow, presenting a serious security...
  • Counter-terrorist operation initiated to halt their advance towards Moscow
  • Wagner force moves through Lipetsk region; civilians urged to stay home

‘Domestic violence is overlooked in custody rulings’

"When custody decisions are made in favour of the parent who claims to be alienated without sufficiently considering the views...
  • Reem Alsalem, a UN human rights expert, uncovers substantial gender bias in family courts, frequently ignoring past domestic violence incidents in custody rulings
  • Violence persistently threatens women and children, causing significant hardship. For minority women, stereotypes and justice hurdles further exacerbate challenges, she adds

Rate hikes, tech, government support boost GCC banks

GCC banks see continued growth on the back of innovation, tech focus and sustained government support. TRENDS Special Report analyzes...

‘EU acknowledges, appreciates Qatar’s labor reforms’

The EU also lauds the exceptional execution of FIFA 2022 in Qatar. It helped refine Qatar's reputation and correct misconceptions....
  • European Union commends Qatar's successful organization of FIFA World Cup and its positive impact
  • The bloc has also vowed to strengthen relations with Islamic countries and combat hatred against Islam

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

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‘UAE outpaces major nations in human development’

“These efforts ensure sustainable development across all sectors, promising a bright future for generations to come,” he adds, referring to...

Dubai approves rise in energy, water efficiency programs

DUBAI, UAE – Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 81st...

Middle East leads way in global methane mitigation

The Middle East is emerging as an important region in the battle against methane emissions, crucial for curbing global warming....

Most Read

UAE rises to seventh rank globally in UN gender balance index

Dubai, UAE -- The UAE advanced to the seventh rank globally in the Gender Inequality Index 2024, issued by the...
  • The UAE rose from its 49th place in 2015 and 11th place in 2022 from Gender Inequality Index 2024 by the UNDP.
  • The UNDP announced UAE's achievement during the meetings of the 68th session of the Commission on the Status of Women, being held until 22 March in New York.

GCC seeks travel ease with Schengen visa exemption

GCC Secretary General Jasem Albudaiwi calls for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to...
  • GCC Secretary General Jasem Albudaiwi is advocating for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to the continent.
  • With plans for a Unified Tourist Visa and streamline travel safety measures, the GCC is paving the way for a more interconnected and accessible world.

‘Multilateral approach needed to address Gaza crisis’

The 'Amalthea' initiative, recently announced by Cyprus, is crucial for the efforts to launch the maritime corridor and the UAE...
  • A concerted international effort is underway to open humanitarian corridors to Gaza, with a focus on a maritime corridor for urgent aid delivery.
  • The 'Amalthea' initiative, aiming to safely ship aid from Cyprus to Gaza by sea, marks a critical step in international efforts to alleviate the crisis.