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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.

Pakistan army chief in Iran pushes for fresh US-Iran negotiations

Pakistan has stepped up diplomatic efforts to revive stalled negotiations between the United States and Iran, with a high-level delegation...

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...

‘Innovative startups key to national prosperity’

"Investing in youth, inspiring ideas, and transforming them into creative projects is a cornerstone for facing global challenges in many...
  • Sheikh Saud bin Saqr Al Qasimi emphasizes the role of modern technology startups in national economic growth and global competitiveness.
  • Entrepreneurship is seen as a crucial part of Ras Al Khaimah's economic strategy and a means to secure its position as a leading business hub.

WEF24: Catalyzing investment, trade transform Africa

Addressing infrastructure and climate change is crucial for Africa's development, British Robinson, the Coordinator of the Prosper Africa Initiative, tell...
  • Addressing infrastructure and climate change is crucial for Africa's development, British Robinson, the Coordinator of the Prosper Africa Initiative, tell TRENDS in an interview.
  • Prosper Africa is a national security initiative aimed at providing supportive and positive assistance to the continent, ensuring its efforts are beneficial and not exploitative.

WEF24: Innovation and diversification drive UAE growth

The UAE's proactive approach is helping it in shaping a dynamic and prosperous future, says UAE's Economy Minister Abdullah bin...
  • The UAE's proactive approach is helping it in shaping a dynamic and prosperous future, says UAE's Economy Minister Abdullah bin Touq Al Marri.
  • Al Marri emphasizes the critical role of collaboration and visionary leadership in steering through the complexities of today's fast-paced world.

AI-Operated robots assist visitors to the Grand Mosque in Makkah

Makkah, Saudi Arabia -- The Presidency of Religious Affairs at the Grand Mosque and the Prophet's Mosque has deployed AI-operated...
  • The robots provide information and guidance on a variety of topics, including how to perform the Hajj and Umrah rituals, Islamic rulings and fatwas.
  • They also provide directions to different locations within the mosque, and translations in multiple languages.

UCC Holding signs contracts for seven Kazakhstan projects

Doha, Qatar -- UCC Holding, a Qatari company, has signed two energy contracts for seven projects in Kazakhstan.The first contract...
  • The first contract with QazaqGas includes two gas treatment plants:1 BCMA Gas Processing Plant Project and 2.5 BCMA.
  • The second contract includes the construction of a combined cycle gas turbine (CCGT) power plant with a total capacity of about 1,100 MW in the Kyzylorda region.

GCC economies eye $2.5trn from better productivity

The region pins hope on the new Productivity Potential Index that offers a forward-looking framework, incorporating environmental, health, and innovation...
  • The region pins hope on the new Productivity Potential Index that offers a forward-looking framework, incorporating environmental, health, and innovation factors.
  • The PPI enhances output by identifying and improving weak areas, addressing 21st-century challenges like climate change, biodiversity loss, and social change.

Displacement, health crisis in Sudan is alarming, says WHO

GENEVA, SWITZERLAND – Acting WHO Representative in Sudan Peter Graaff has said that the humanitarian and health crisis in the...
  • Sudan is now facing the largest displacement crisis globally, with a staggering 8 million people displaced.
  • The majority of those affected, including women and children, are compelled to embark on days-long journeys to escape violence.

BGN to get $100m in financing

Abu Dhabi Exports Office, Mashreq and ADCB to provide financing.
  • The strategic collaboration sets the stage for a financing arrangement, offering up to $100 million to facilitate the export of energy commodities from the UAE.
  • The financing arrangement, a revolving credit line, is embedded with an accordion feature whereby regional banks and their overseas affiliates can contribute additional funding.

Qatar-Turkey business forum sparks new joint ventures

Emphasizing the importance of holding meetings and mutual visits, Sheikh Khalifa bin Jassim bin Mohamed Al-Thani notes this would bolster...
  • Qatar-Turkey JETCO aims to enhance private sector cooperation and advance intra-regional trade.
  • Successful Qatar-Turkey Business Forum highlights partnership opportunities, says Qatar Chamber chief.

WEF24: Gulf cities spearhead global investment surge

GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO &...
  • GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO & Founder of Special Edition and Million.
  • He attributes the Gulf's economic boom to transformative business and government practices, and inclusive policies that promote diversity and attract international talent.

Pakistan army chief in Iran pushes for fresh US-Iran negotiations

Pakistan has stepped up diplomatic efforts to revive stalled negotiations between the United States and Iran, with a high-level delegation...

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Latest News

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...

Bapco Energies declares force majeure on operations

Manama, Bahrain --- Bapco Energies BSC (Closed), Bahrain’s integrated energy company, announced force majeure on its group operations on Monday.The...

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

Most Read

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.
  • The bank said net profit increased 26 percent year-on-year to SAR24.79 billion ($6.6 billion) in 2025.
  • Profit for the fourth quarter alone reached SAR6.37 billion.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.
  • Following the announcement of the results, Emirates NBD’s board proposed an ordinary dividend of 100 fils per share for the year.
  • The lender is one of the largest banking groups in the Middle East and is listed on the Dubai Financial Market.

Renowned designer Cucinelli stresses sustainability at Saudi event

Riyadh, Saudi Arabia -- Renowned luxury fashion designer Brunello Cucinelli shared his insights on building a global brand and the...
  • Brunello Cucinelli, who founded his luxury fashion brand in 1978 in Italy, is recognized for creating meticulously crafted pieces from the finest cashmere.
  • He emphasized the need to blend traditional techniques with modern design to create unique and authentic pieces.