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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.
  • MoCCAE highlights role of UAE Climate Change Research Network

    SHARM EL SHEIKH, EGYPT - The Ministry of Climate Change and Environment (MoCCAE) organized an awareness session on the UAE...

    The network aims to support collaborative research programs by creating a platform for engaging the academic and scientific community.

    Drawing the participation of 100 attendees, the event explored several key topics, including promoting science and policy engagement for climate action.

  • Faroe Islands renew fishing quota deal with Russia

    COPENHAGEN, DENMARK - Denmark's autonomous Faroe Islands have renewed a fishing quota deal with Russia for one year despite Moscow's...

    The agreement between Faroe Islands and Russia has been in place since 1977 and is renewable each year.

    The autonomous territory is highly dependent on fishing for its income and the fisheries ministry says the deal with Russia covers 5 percent of its GDP.

  • Iran’s Khamenei says negotiating with US won’t end recent ‘troubles’

    TEHRAN, IRAN - Iran's supreme leader Ayatollah Ali Khamenei said Saturday that negotiating with the United States would not put...

    Iran has seen weeks of demonstrations sparked by the September 16 death in custody of 22-year-old Kurdish-Iranian woman Mahsa Amini.

    She had been arrested for an alleged breach of the country's strict dress code for women.

  • UAE University’s agriculture college launches campaign to cut food waste

    AL AIN, UAE - The College of Agriculture and Veterinary Medicine at the United Arab Emirates University launched an awareness...

    The program is targeting schools and universities to educate students about the need to reduce food waste.

    The studies conducted in the food court showed that over 50 kilograms of foods is wasted daily during breakfast and lunch.

  • US bans gear from China’s Huawei, ZTE over security risk

    US authorities announced a ban on the import or sale of communications equipment deemed "an unacceptable risk to national security"...

    The move is the latest in a series of actions to limit the access of Chinese telecom firms to US networks.

    US officials have shown growing wariness in recent years of Chinese telecommunications companies and technology.

  • Saudi, UAE equities tank as global crude prices slide

    The equities had a lackluster week owing to a decline in global crude oil prices amid fears that the surge...

    The UAE stocks ended their weekly trading on a decline, and the Dubai index recorded a weekly decrease of 1.4 percent

    The Saudi oil company Aramco dropped 1.6 percent, Maaden dropped 1.8 percent, and SABIC dropped 2.1 percent

  • ADDED joins hands with Prototype to support technology innovation

    Abu Dhabi, UAE— The Abu Dhabi Department of Economic Development (ADDED) has partnered with Prototype Interactive to support inventors in...

    Inventors, backed by ADDED’s Takamul programme, will utilise Prototype Interactive’s latest technologies and techniques to develop their ideas

    Since its inception until the end of October 2022, the Takamul programme has evaluated 1,013 patent applications, and supported 377 applications

  • England team faced ‘unlimited’ sanctions over armband in Qatar

    FIFA threatened to impose "unlimited" sanctions against players who wore the "OneLove" rainbow-themed armband for World Cup matches in Qatar....

    Football Association chief executive Mark Bullingham said the FA believed FIFA were effectively threatening to ban players

    England, Wales, Belgium, Denmark, Germany, the Netherlands and Switzerland said they had written to FIFA in September informing them about the "OneLove" armband

  • ADAFSA launches first livestock auction market in Abu Dhabi

    ABU DHABI, UAE - The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has announced the launch of the first...

    Other auctions will be organized regularly to enable livestock breeders directly sell their camels to the public.

    The permanent livestock auction market will serve as a destination for those interested in buying camels, cattle and rare animals.

  • FNC’s UAE-EU friendship groups meets with Czech parliament

    PRAGUE, CZECH REPUBLIC - Members of the UAE-EU Parliamentary Friendship Group of the Federal National Council (FNC), headed by Sarah...

    The meeting discussed the importance of strengthening the cooperation between the two parliaments.

    The two parliamentary groups discussed ways of improving the relations between them.