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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.

Six Ramadan initiatives launched in Asir region

Abha, Saudi Arabia — Six Ramadan community initiatives were launched in Al-Harjah Governorate in Saudi Arabia’s Asir region as part...

Madbouly invites Qatari businesses to invest in Egypt

Egypt is focused on rebuilding the state and infrastructure. The country has dropped unemployment levels from 18 percent to 7.2...
  • Qatar businesses are invited to invest in the Egyptian economy and benefit from the opportunities, says the Egypt’s Prime Minister Dr Mostafa Kamal Madbouly
  • Egypt's infrastructure projects have contributed to creating economic dynamism and provided the appropriate framework to stimulate the private sector, he adds

Qatar’s Social Insurance Law serve retirees, widows

The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in...
  • Qatar has witnessed an increase in the retirement pensions and widow's shares to 100 percent, says the country’s Director of the Retirement Department at GRSIA
  • The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in an increase in the shares due, for the widows

Regulate digital platforms to curb disinformation

“If the regulatory initiatives are developed in isolation, with each country working in their own corner, they are doomed to...
  • There is an urgent need for common global guidelines to improve the reliability of information while protecting human rights, say experts
  • UNESCO urges the world to join its efforts to transform the internet into a tool which is truly at the service of the public

Masdar unveils 200MW Solar Park in Jordan

Amman, Jordan - The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar,...
  • The Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually – enough to power 160,000 homes
  • The plant also displaces 360,000 tons of carbon dioxide per year, equivalent to taking nearly 80,000 cars off the road.

Barakah’s Unit 3 enhances UAE’s bid to cut emissions

"We utilise all forms of clean energy to cut carbon emissions and mitigate the worst impacts of climate change. The...
  • The start of commercial operations for Unit 3 of the Barakah Nuclear Energy Plant marks another accomplishment in generating abundant clean electricity to the national grid
  • The plant will also prevent millions of tons of carbon emissions annually, said Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment

Qatar’s 2022 budget records surplus of US$24.45bn

At the time of the approval, the budget was estimated to hit a deficit of QAR 8.3 billion. "The deficit...
  • Qatar's budget surplus for Q4 of 2022 (October to December) was QAR11.6 billion, compared to a deficit of QAR3.3 billion in the same quarter of 2021
  • Total revenues for the quarter came in at QAR 65.1 billion, compared to QAR51.5 billion in the same period of last year

UAE-Azerbaijan trade advances significantly: Envoy

The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in the Azeri...
  • The UAE and Azerbaijan have deep-rooted ties and are keen to expand their bilateral trade, says envoy Mohammed Murad Al Balushi
  • The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in Baku in 2011, he adds

More firms set for listing on Qatar Stock Exchange

"The new listings will take place between March and April. Another group of companies will be listed in the venture...
  • New companies are about to be listed on Qatar Stock Exchange, including MEEZA and another start-up operating in the oil and gas services sector, says top official
  • The new listings will take place between March and April, adds Acting CEO of the QSE Abdulaziz Nasser Al Emadi on the sidelines of the listing of Dukhan Bank

Qatar, UAE lead Gulf region in governance, growth

TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the...
  • TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the Bertelsmann Stiftung’s Transformation Index
  • In past 10 years, the quality of democracy has declined in nearly one in five democracies, including in regionally important and once-stable democracies, the index points out

Embrace indigenous languages, urges UN expert

“Language rights are also important human rights matters for both minorities and indigenous peoples. Special Rapporteurs have already been critical...
  • States must be more inclusive in the treatment and use of minority and indigenous languages, says the United Nations Special Rapporteur on Minority Issues, Fernand de Varennes
  • Languages are essential tools to communicate and share knowledge, memory, and history, but they are also key to full and equal participation, he adds

Six Ramadan initiatives launched in Asir region

Abha, Saudi Arabia — Six Ramadan community initiatives were launched in Al-Harjah Governorate in Saudi Arabia’s Asir region as part...

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Saudi insurance sector shows 14.6 percent growth in Q3 of 2023

RIYADH, SAUDI ARABIA- The Insurance Authority (IA) has issued its first report on the performance of the sector in the...

ESG and sustainability redefine UAE financial markets

"The UAE's success in establishing a fully regulated carbon market, integrating carbon regulation to manage and trade emissions effectively, providing...

2023: A year of technological triumphs in the GCC

This year, the GCC region has solidified its technological leadership, with AI, blockchain, and the metaverse leading the charge in...

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UNCTAD eWeek focuses on AI risks, e-commerce growth in developing countries

At UNCTAD eWeek 2023, experts stress the importance of aligning AI development with Sustainable Development Goals to mitigate risks and...
  • At UNCTAD eWeek 2023, experts stress the importance of aligning AI development with Sustainable Development Goals to mitigate risks and ensure a secure digital future.
  • Australia committed $2 million to UNCTAD for e-commerce support in developing nations, as Kenya unveiled a national strategy to spur its digital economy growth.

UAE leads humanitarian efforts in Gaza, seeks truce

"The Gulf country will continue its efforts to achieve peace through tangible steps and a roadmap for a two-state solution....
  • The UAE strongly condemns Israel’s collective punishment and displacement policies.
  • The country remains committed to Palestinian humanitarian aid and medical support.

Kuwait, world mourn passing of Emir Sheikh Nawaf; welcome Sheikh Meshal as successor amid challenges

The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh...
  • The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh Nawaf, amidst global condolences and internal challenges.
  • Public offices in Kuwait will close for three days, and a 40-day mourning period is declared following Sheikh Nawaf's death, who was hospitalized in November.