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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.
  • Smart money is in video games, Web3: Futurist at TOP CEO event

    Raford contended that people should invest in video games, as it is the only successful digital economy so far.

    Raford contended that people should invest in video games, as it is the only successful digital economy so far

    The metaverse, he said, has extraordinary potential and Dubai is moving rapidly to take advantage of it

  • Solar ACs to help FIFA players, fans chill in Qatar

    The state-of-the-art air conditioning will become the norm for mega sports events, says Saud Abdulaziz Abdul Ghani who worked for...

    The cooling system, being used in the Qatar's World Cup stadiums, is 40 percent more "sustainable" than existing techniques, say World Cup organizers

    The solar-powered cooling system will keep the players and turf healthy and even eliminate body odour in a packed stadium, says 'Dr Cool'

  • UAE tourism sector set new record in Q1 2022 : Tourism Minister

    Tourism is deemed one of the future sectors and a key focus area in the UAE’s development vision for the...

    According to tourism figures for Q1 2022, the country's hotel establishments attracted nearly 6 million visitors

    The average duration of hotel guest stays reached 25 percent during the same period, up from 3 nights to 4 nights

  • UAE and Turkey export credit agencies to enhance trade ties

    Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Turkey’s export...

    The two export credit agencies will work together to facilitate trade and export and ease access to credit insurance and project financing, ECI said in a statement.

    Turkey is the UAE’s seventh-largest trading partner, with the non-oil trade between the two reaching AED 49.4 billion.

  • Alpha Dhabi to invest $2.5 bn in Chimera

    The fund will target investments in tech-enabled businesses.

    The investment comprises a capital contribution of AED2.6 billion and an undrawn capital commitment of AED6.6 billion.

    The fund's investment emphasis aligns with Alpha Dhabi's growth strategy, which focuses on investment in disruptive technologies.

  • Etihad Rail signs expertise-exchange MoUs with Spanish, UK firms

    Etihad Rail has signed three Memoranda of Understanding (MoUs) with Renfe, Spain’s national railway operator; High Speed 1, the first...

    The MoUs were signed during the second day of Middle East Rail 2022, which is hosted by Etihad Rail in partnership with the Ministry of Energy and Infrastructure.

    Middle East Rail is the largest transport event in the Middle East, North Africa and South Asia, will bring together leaders of the entire transportation community.

  • UAE-Germany non-oil trade 10.5 percent to $9.5 billion in 2021

    The non-oil trade between Germany and the UAE amounted to $9.5 billion during 2021, a 10.5 percent increase compared to...

    "Our economies are both very much geared for the possibilities of the future," Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade

    Al Zeyoudi said that Germany has become UAE's most important trading partner in the Middle East.

  • Experts at GALF call for consolidating data to formulate policies

    A panel deliberated on the advances in integrated, automated, electric mobility in the airport environment.

    A panel deliberated on the advances in integrated, automated, electric mobility in the airport environment

    The world’s largest airport industry B2B platform has a sharp focus on sustainability to help the aviation industry reduce carbon footprint year on year

  • TOP CEO

    TOP CEO 2022 Winners List: And the award goes to…

    The most transparent and credible business awards in the Arabian Gulf celebrate leaders of the stock market-listed companies in the...

    The 6th edition of TOP CEO Conference and Awards ended on Wednesday evening with a promise to return in 2023

    The first day of the conference is branded as Arab Women Forum while the second day was more about hardcore business

  • Delivery platforms run on woeful condition of riders

    Riders of an online food ordering firm, who recently protested against unfair pay, allege that not only do they get...

    The riders complain that rising fuel prices and wider delivery areas have made their economic position unsustainable.

    Since they get paid by the number of deliveries, their lives are at risk as they are always on their toes to make more deliveries by the end of the day.