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.
  • Shares of Nvidia and other technology heavyweights fell late on Wednesday, a discouraging sign for investors betting that a strong...

    Nvidia loses $200 billion in market value

    Investors' high expectations led to disappointment despite Nvidia's strong earnings

  • Paris, France - Russian-born tech entrepreneur Pavel Durov has founded wildly popular social networks, cryptocurrencies, amassed a multi-billion-dollar fortune and locked...

    Durov, 39, who preaches the virtues of ice baths for health and has fathered 100 children through sperm donations, is a controversial as well as enigmatic figure

    A self-avowed libertarian, Durov has championed confidentiality on the internet and freedom of speech, defiantly refusing to allow the moderation of messages on Telegram

  • Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with prices starting...

    Orders for the Mona M03 electric coupe exceeded 10,000 just 52 minutes after formal launch

    Chinese automaker BYD and U.S. giant Tesla cemented their dominance in H1 2024.

  • Qatar agreed on Monday to supply Kuwait with 3 million tons per annum (mtpa) of liquefied natural gas (LNG) for...

    Kuwait has been boosting its reliance on imported gas to meet power demand

    Qatar this year announced a further expansion of its North Field project

  • New York, United States - Global oil demand is unlikely to fall by 2050 despite progress on renewable energy, the US...

    In a new report, ExxonMobil said it "sees a plateau in oil demand beyond 2030, remaining above 100 million barrels per day through 2050."

    This would be roughly in line with oil demand last year of 102.2 million barrels per day, according to the International Energy Agency

  • Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of inflation...

    Oil prices climbed 0.8% after Israel and Hezabollah traded rocket salvos

    The dollar slipped a further 0.5% to 143.64 yen, having fallen 1.3% on Friday

  • Paris, France - French police arrested Telegram chief executive Pavel Durov on Saturday at an airport near Paris for alleged offences...

    The Franco-Russian billionaire, 39, was detained at Le Bourget airport north of the French capital on Saturday evening, one of the officials told AFP

    "Enough of Telegram's impunity," said one of the investigators, adding they were surprised Durov came to Paris knowing he was a wanted man

  • Beijing, China - China dominates the market for electric vehicles. Now it's chasing in the race to build battery-powered humanoids...

    Annual global market for humanoid robots could reach $38 billion by 2035

    Tesla, reiterated it expected to move beyond prototypes to start producing Optimus in small volumes next year

  • Anthropic, the Amazon-backed artificial intelligence startup, on Monday, was hit with a class-action lawsuit in California federal court over alleged...

    "An essential component of Anthropic’s business model is the larges scale theft of copyrighted works"

    This case follows another lawsuit brought against Anthropic last October by Universal Music

  • New York, United States - Boeing has suspended flight testing of its new 777X wide-body jet after identifying the failure of...

    Boeing has been beset in recent years with concerns about safety and quality control, with a near-catastrophic incident on an Alaska Airlines Boeing 737 MAX in January

    Boeing's new chief executive Kelly Ortberg, 64, took over earlier this month on a pledge to restore trust in the embattled manufacturer