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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.
  • ‘FIFA to earn around $700 million due to Qatar World Cup’

    "All in all this World Cup will generate for FIFA around $600-$700 million more than the last World Cup," he...

    FIFA chief Infantino said media rights were up about $200 million compared with the 2018 tournament in Russia

    Infantino said he would reveal FIFA's global revenues for the past four years to national associations on Sunday.

  • UAE stocks end higher even as Saudi markets decline

    Saudi equities rose on November 13 but the index fell during the rest of the trading days. UAE stocks started...

    The Saudi Public Investment Fund raised US$612 million through a secondary offering of shares by selling a 10 percent stake in Tadawul.

    The Abu Dhabi Stock Exchange rose after Abu Dhabi Ports Group said that it had acquired global platform for integrated logistics services Noatum.

  • Mahzooz one of Dubai’s several tickets to success

    Dubai, known as the 'City of opportunities' for one and all, offers many ways to help individuals become rich and...

    Dubai, known as the 'City of opportunities' for one and all, offers many ways to help individuals become rich and prosperous, including Mahzooz's Weekly Draw

    Mahzooz, it is said, gives UAE residents a chance to win millions of dirhams as a kind of contribution to give back to the community through a weekly live draw

  • Allwyn buys Britain’s Camelot

    Acquisition will likely close in Q1 2023, Czech firm said.

    In March, Britain's Gambling Commission, which licenses and regulates gambling, gave Allwyn Entertainment a license to run the National Lottery from February 1, 2024.

    As Camelot owns the license until then, the takeover will help facilitate a smooth transition, Allwyn said.

  • GAL-AMMROC, GMF ink pacts

    The pact were inked during the B20 Summit in Bali, Indonesia.

    The pacts will allow AMMROC to expand its MRO capabilities and consolidate its status as a key enabler of a sustainable domestic defense sector in the UAE.

    The cooperation will further expand to the joint promotion of the N219 and NC212 aircraft in the Middle East and Africa markets.

  • Fans can survive without beer in World Cup, says FIFA official

    DOHA, QATAR - FIFA president Gianni Infantino said Saturday that World Cup fans can survive for three hours a day...

    "I think personally if for three hours a day you cannot drink a beer, you will survive," FIFA president Gianni Infantino said

    World Cup chiefs on Friday banned beer sales around stadiums in Qatar just 48 hours before the event kicks off on Sunday

  • Sharjah International Travel and Tourism Forum to begin Nov 24

    SHARJAH, UAE - The 9th edition of the Sharjah International Travel and Tourism Forum (SITTF) is set to kick off...

    The forum will convene a host of government officials, local and international decision-makers, experts in global travel, tourism and aviation sector.

    Organized by Sharjah Commerce and Tourism Development Authority, the forum complements SCTDA's efforts to bolster Sharjah's position in global tourism.

  • ‘Most APEC members condemn war in Ukraine’

    Asia-Pacific leaders added their voices to international pressure on Russia over its invasion of Ukraine, issuing a summit statement saying...

    The summit communique was agreed by all APEC members, including Russia and China.

    Apart from substituting the name of the organization, the statement was word-for-word the same as a G20 declaration.

  • FIFA World Cup 2022: Third floating hotel arrives at Doha port

    MSC Opera will join MSC World Europa and MSC Poesia which arrived at Doha Port earlier, to offer a luxurious...

    MSC Opera will join MSC World Europa and MSC Poesia which arrived at Doha Port earlier, to offer a luxurious hospitality experience to fans of the FIFA World Cup Qatar 2022

    According to the estimates of the MSC Cruises Group, owner of the three floating hotels that will serve the tournament, the capacity of the three cruise ships is 10,000 beds

  • ADGM partners with ADIB, RAKBANK, Wio Bank to support Abu Dhabi businesses

    The announcements were made during the first edition of Abu Dhabi Finance Week (ADFW) hosted by ADGM.

    The announcements were made during the first edition of Abu Dhabi Finance Week (ADFW) hosted by ADGM

    The week-long event serves as a platform for in-depth conversations around the MENA region’s thriving financial sector