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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.

  • WEF24: Understanding regional nuances key to success

    Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.

    Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS.

    Proactive approach in building reference architectures and industry-specific AI use cases positions TCS as a leader in designing tomorrow's technology, he adds.

  • Ghitha Holding buys stake in MNG Airlines

    The acquisition of 44% stake is valued at US$211.20 million.

    The buying of stake in the airline is expected to mark a significant stride towards diversifying Ghitha Holding’s robust portfolio

    The Turkish airline offers specialized services including scheduled and block space charter, aircraft, crew, maintenance and insurance

  • Abu Dhabi Airports appoints Elena Sorlini as Managing Director and CEO

    Abu Dhabi, UAE - Abu Dhabi Airports, the operator of Abu Dhabi's five commercial airports, has announced the appointment of...

    Since joining Abu Dhabi Airports, Sorlini has overseen the successful opening of Abu Dhabi International Airport's new state-of-the-art Terminal A

    Additionally, she has played an important role in maintaining the steady increase of passenger traffic numbers, which continue to experience year-on-year growth

  • Investors eye UAE’s booming sustainable finance sector

    "Numerous opportunities exist in sustainable investments, especially in sectors like building systems, renewable energy, water, food and agriculture, shipping, among...

    The UAE is experiencing remarkable growth in sustainable finance, according to Barclays Private Bank UAE CEO Rasha Badawi.

    Sustainable investment opportunities expanding in the UAE across various sectors including renewable energy and agriculture, she adds.

  • Jeddah Central Development Company signs 4 contracts worth $3bn

    Jeddah, Saudi Arabia - The Jeddah Central Development Company, a company owned by the Public Investment Fund (PIF), signed four...

    The Jeddah Central Development Company will open the Jeddah Central destination to receive visitors at the end of 2027 from inside and outside the Kingdom

    The destination will include the Stadium, the Opera House and the Oceanarium, in addition to a sandy beach, a pier, a seafront promenade, and a marina

  • IHC net profit soars to US$8.9bn

    The company's revenue for the year 2023 stood at US$16.33bn.

    The company's earnings per share (EPS) witnessed a huge rise, more than doubling from AED 6.81 to AED 12.36

    The group said that its preliminary revenue rose to $16.33 billion, marking an 18% increase from the previous year

  • Gulf realty navigates opportunities and challenges

    The GCC real estate sector enters 2024 amidst a complex interplay of global economic challenges and regional opportunities, says a...

    The GCC real estate sector enters 2024 amidst a complex interplay of global economic challenges and regional opportunities, says a latest report.

    With Dubai defying global trends and Saudi Arabia's Vision 2030 spurring growth, the landscape is ripe with potential. Qatar, however, faces correction.

  • McDonald Q4 profit up

    McDonald's cited war in the Middle East as a drag.

    Profits in the quarter grew seven percent to $2.0 billion, while revenues increased eight percent to $6.4 billion.

    Global comparable sales grew 3.4 percent in fourth quarter, down from 8.8 percent in the third quarter and below the annual average

  • Vodafone Q3 revenue dips

    Poor display across Italy, Spain is said to be the reason for loss.

    Revenues dipped 2.3 percent to 11.4 billion euros ($12.3 billion) in the three months to the end of December, compared with a year earlier.

    "We maintained... revenue momentum in the third quarter," said chief executive Margherita Della Valle, adding the group had made "good strategic progress".

  • Investment in Qatar free zones reaches US$1.3bn, says QFZ chairman 

    DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed...

    The QFZ chairman held a meeting with a delegation led by First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Twar Al Kuwari.

    The delegation paid a field tour to the Ras Bufontas Free Zone to explore the investment benefits and business opportunities within the free zones.