INSEAD Day 4 - 728x90

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.
  • With $126 billion in losses, airline industry recently confirmed that 2020 was the worst year on record for the struggling...

    The pandemic has forced airlines to lay off staff and seek government bailouts

    2020 was the worst year on record for the struggling sector

  • DUBAI: France celebrated its 'Expo 2020 National Day' with celebrations in the skies and across ten locations, with the main activities...

    The official ceremony took place at Al Wasl Plaza in the presence of France Minister of Europe and Foreign Affairs Jean-Yves Le Drian.

    The 'National Day' celebrations took place across ten locations.

  • Trade between the United Arab Emirates and Brazil has grown 33 percent in the first eight months of 2021, defying...

    "This year we can see a strong increase in bilateral trade that reached US$1.8 billion in the first eight months [until August

    the Brazil-UAE bilateral trade in 2018 stood at US$2.6 billion, which went up to US$2.81 billion in 2019

  • Fitaihi Holding Group, which owns part of IMC, has declared that it intends to sell the hospital’s shares in a...

    This follows a raft of other Saudi companies announcing a potential listing on the Saudi bourse

    The firm, which owns 19.25 percent of the hospital, said it will take the necessary measures to “transform it into a public joint-stock company”

  • Dubai police and a cryptocurrency trading firm have joined hands to make investors and traders aware of the risk of...

     “We have been working with key policymakers to help them build regulation that will make crypto safe for investors”

    She said there is a “string of scams happening on peer-to-peer platforms,” and the partnership with the police could help investors and traders steer clear of them

  • Hyperloop, which is expected to transport passengers and freight at a speed of an airplane, could become a reality before...

    Sultan Ahmed bin Sulayem said India and Saudi Arabia might roll out the transport system first.

    DP World has invested in Virgin Hyperloop, which tested human travel in a hyperloop pod for the first time in 2020.

  • The company under Cook has delighted Wall Street: the Apple brand was worth about $350 billion ten years ago and...

    The company under Cook has delighted Wall Street: the Apple brand was worth about $350 billion ten years ago -- and is worth $2.358 trillion today

    The Californian behemoth has impacted hundreds of millions of lives since its 1976 founding in a garage

  • DUBAI: The EU aims to cooperate with the Gulf states on climate change, global access to vaccines and supporting the...

    Josep Borrell is on a visit to Riyadh, UAE and Qatar.

    A cooperation agreement will be signed with Saudi Foreign Minister Prince Faisal bin Farhan.

  • Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the...

    Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the world.

    Authors, publishers, creatives, and intellectuals from around the world will take part in the fair's activities over the 11-day period

  • Sharjah and Guatemala have held discussions on enhancing trade exchange relations and joint investment opportunities in vital sectors like tourism,...

    Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, hosted a high-level Guatemalan delegation

    Malouf, who is also the head of the Guatemalan delegation at the ongoing Expo 2020 Dubai, was accompanied by Lars Pira, Guatemala's Ambassador to the UAE