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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.
  • Saudi seeks British investment in industrial and mining sectors

    Saudi Arabia is seeking to convince investors and companies in Britain to make investments in the kingdom's industrial and mining...

    In this connection, Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held a meeting with companies and investors in Britain

    The ministry of Industry also invited attendees to the international mining conference that the Kingdom holds annually in the city of Riyadh

  • UAE: a trendsetter in regulating cryptocurrency market

    The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top...

    The UAE has moved past the stage of appealing for existing authorities to work together

    By pushing ahead to promote cryptocurrencies and ensure official oversight, the UAE puts it ahead of other countries and jurisdictions

  • 50 days on, ‘nothing changes’ for UAE delivery riders

    Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online...

    Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders

    It's time to start accepting slightly longer delivery timelines, treating riders with empathy, and constantly demanding better and humane working conditions for the riders

  • Saudi Index at lowest levels since January

    Saudi Stock Exchange's general index fell by nine points. Abu Dhabi market was below 9,200 points, Dubai market rose above...

    The Saudi Stock Exchange's general index recorded its lowest level since January and ended the week down by nine points

    The Dubai market managed to rise above 3200 points, supported by a rise in real estate and investment shares, during the week

  • DEWA, Azerbaijan discuss bilateral ties, energy, business prospects

    DEWA and Azerbaijan discuss investment in oil exploration and production projects, crude oil trading and reviewed issues of mutual interest...

    DEWA , Azerbaijan discussed investment in oil exploration and production projects, crude oil trading

    The two sides reviewed issues of mutual interest in the energy sector and long-term investment opportunities

  • Gulf countries take first steps to bank on metaverse

    Payment on metaverse will take place through cryptocurrencies. NFTs and virtual goods will become popular once metaverse becomes mainstream. Therefore,...

    There is no doubt that Metaverse is interesting for banks because modern virtual worlds are built on blockchains, cryptocurrencies, and decentralized finance

    Many questions regarding the impact of the Metaverse on banking rose after JPMorgan announced plans to open an office in the metaverse

  • Saudi Arabia to invest $3bn in vaccines, vital medicines industry

    Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented...

    Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented in several stages

    The second phase, the minster said, will focus on localising immunological and cancer treatments technologies

  • NFTs: Digital way to own art, music, videos

    Everything is open-sourced, permission less and on-chain, Holaplex CEO Alex Kehaya tells TRENDS on the rising popularity of NFTs.

    Holaplex’s Social NFT Network is a new platform for NFT enthusiasts

    Kehaya believes that the NFT industry is seeing an adoption curve that is greater than that of the internet

  • Material prices hurt as GCC cities turn green, smart

    As the complexity of the pandemic and supply chain challenges have affected building material prices, the region should look for...

    As the complexity of the pandemic and supply chain challenges have affected building material prices, the region should look for alternatives, says Nizam Abdul Baki of Purity

    Green building materials improve the buildings' structures' sustainability and efficiency in terms of design, construction, maintenance, and renovation, he points out

  • Abu Dhabi officials in Canada to discuss clean energy solutions

    A delegation from the Abu Dhabi Department of Energy (DoE) is visiting Canada to meet senior government officials and stakeholders...

    Department of Energy officials in Canada showcase Abu Dhabi’s experience in promoting energy efficiency and sustainability

    The officials discuss opportunities for collaboration in energy efficiency and advanced clean energy solutions