Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Trump says US nearing end of Iran war

The United Nations, meanwhile, called for de-escalation and diplomacy; Oil prices fell as Saudi Arabia offered additional crude cargoes through...

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.
  • Revenues increased 59.2% to 2.9 billion riyals in 2025 from 1.82 billion riyals in 2024.
  • Despite the strong annual performance, the company reported a decline in fourth-quarter earnings.

GCC energy sector strengthens global role despite lower oil output

Gulf Cooperation Council (GCC) countries continue to strengthen their position in global energy markets, supported by extensive natural resources, advanced...
  • Gulf energy data show rising reserves, stable gas production and gradual renewable expansion.
  • Regional electricity interconnection delivers savings and boosts power exchange among GCC member states.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.
  • Despite the revenue decline, gross income edged up slightly to SAR 85.4 million, compared with SAR 84.5 million a year earlier.
  • In the fourth quarter of 2025, Tasnee reported a net loss of SAR 2.04 billion, compared with a loss of SAR 97.7 million in the same period a year earlier.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.
  • DP World invested $3.1 billion in 2025 capex, expanding global port capacity to 109 million TEU.
  • The company cut Scope 1 and 2 emissions 14% from 2022 levels, with 67% of electricity sourced from renewables.

Aramco 2025 net profit $104bn, to pay $85.4 bn in dividends

Dubai, UAE -- Saudi Arabian Oil Co. (Aramco) reported a net profit of $104.7 billion for 2025, a decline from...
  • Earlier in the year, Aramco’s board declared quarterly dividends, including a base dividend of around $21.1 billion for the second quarter of 2025.
  • Aramco’s dividend policy combines a base dividend with a performance-linked component tied to financial results and cash flow.

Strait of Hormuz disruption threatens trade flows: UNCTAD

UNCTAD data shows Brent crude oil prices rose above $90 per barrel, while natural gas prices also increased sharply after...
  • Based on shipping flows during the week preceding the military escalation that began on February 28, crude oil accounted for about 38% of trade moving through the strait.
  • Liquefied petroleum gas represented 29%, while liquefied natural gas and refined oil products each accounted for around 19%.

Saudi, Qatar airlines adjust flights as regional tensions disrupt travel

Dubai, UAE -- Airlines has extended the suspension of flights to several Gulf destinations as regional tensions continue to affect...
  • Saudi Airlines extends flight suspensions to several Gulf destinations while monitoring developments and evaluating gradual service resumption.
  • Qatar Airways launches limited schedule from Doha to reconnect passengers following temporary authorization from civil aviation authorities.

G7 ministers consider oil reserves as markets face volatility

In a statement following a virtual meeting with International Energy Agency (IEA) Executive Director Fatih Birol, the ministers said they...
  • They added that proactive measures—including the possible use of strategic oil reserves—remain under consideration as part of efforts to stabilize global energy markets.
  • The ministers said coordination is ongoing among G7 members as well as with IEA member states and other partners.

The shift from innovative to native: Unlocking where real AI value lies

There are, of course, technical hurdles to overcome, too, one of which is modernizing legacy systems. Many enterprises still operate...

Empower distributes $701 million dividends since listing

Dubai, UAE -- Emirates Central Cooling Systems Corporation PJSC (Empower) said it has distributed AED2.575 billion in dividends to shareholders...
  • The company recorded AED3.419 billion revenue in 2025, while net profit rose 10.5% year-on-year to AED1.004 billion.
  • In 2025, shareholders approved a dividend of AED875 million for 2025, paid in two equal instalments of AED437.5 million in April and October.

Trump says US nearing end of Iran war

The United Nations, meanwhile, called for de-escalation and diplomacy; Oil prices fell as Saudi Arabia offered additional crude cargoes through...

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US says Iran Hormuz deal could come within days as oil prices tumble

Washington said mediation efforts were advancing despite Tehran denying direct negotiations, while fresh maritime attacks underscored persistent security risks across...

UAE records solid first-quarter growth as non-oil sectors account for nearly 80% of GDP

Real GDP rose to $132.0 billion at constant prices in the January-March period, while non-oil GDP expanded 4.8 percent, increasing...

Dubai establishes media committee to unify official narrative

Dubai, UAE -- Dubai has established a new committee to oversee and coordinate the emirate's official media narrative across government,...

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Projectile hits cargo vessel in Hormuz as Trump renews warning to Iran

Trump said negotiations with Iran were underway despite Tehran's denials and described the current moment as a "last chance before...
  • UKMTO said authorities were investigating after the vessel reported being struck 20 nautical miles northeast of Al Khasab, Oman.
  • Trump called negotiations active despite Iran's denial, warning Tehran faced a "last chance before decapitation" over Hormuz and nuclear demands.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.
  • First-half revenue rose 7.4 percent to $708 million, while EBITDA increased 35.8 percent as margins expanded significantly.
  • Free cash flow reached $142 million, net debt leverage declined sharply, prompting a 14.4 percent higher interim dividend recommendation.

GCC lenders should reassess credit risks continuously

Today's environment calls for continuous reassessment rather than periodic review. Institutions need to challenge assumptions, stress-test portfolios against multiple scenarios,...
  • KPMG urges GCC financial institutions to strengthen credit resilience through scenario analysis, governance and dynamic portfolio monitoring amid uncertainty.
  • Analysis identifies retail, corporate and commercial real estate portfolios as key pressure points under prolonged geopolitical and economic disruption.