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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.

  • Fun sector: Leisure puts UAE economy at ease

    Estimations by the Middle East and North Africa Attraction and Leisure Council (MENALAC) put the number of leisure centers in...

    The leisure and entertainment sector in the UAE is considered to be one of the most dynamic markets in MENA

    Around 400 leisure centers operate in the UAE, employing more than15,000 workers

  • Jordan’s trade with US touches $1.384bn in 2021

    Jordan was the first Arab country to sign a free trade agreement (FTA) with the United States in 2000.

    The President of the American Chamber of Commerce in Jordan (AmCham) Mohammad Batayneh said in a statement

    He added that Jordan's exports during the first 11 months of 2021 nearly reached $2.5 billion, compared to $1,120 billion in imports

  • DEWA to sponsor Dubai Award for Sustainable Transport

    Dubai Electricity and Water Authority (DEWA) will be the strategic sponsor of the 12th Dubai Award for Sustainable Transport. The...

    Saeed Mohammed Al Tayer, MD & CEO of DEWA highlighted DEWA’s support for all efforts to enhance sustainable transport in the UAE and abroad

    This consolidates Dubai’s position as a global capital for a green economy and achieves sustainable development to ensure a brighter future

  • Disney takes on OTT platforms with MENA expansion

    Netflix currently rules the roost in the Middle East. Therefore, the Disney+ expansion should be a clarion call for regional...

    The Disney launch covers almost all of the Middle East and good chunks North Africa

    In all, Disney+ is expanding to 42 countries and 11 territories in the EMEA region

  • Applebees, IHOP in UAE soon

    The first location is scheduled to open in Dubai later this year.

    Dine Brands International is set to open multiple Applebee's Neighborhood Grill + Bar and IHOP restaurants in the UAE

    The first location will open in Dubai later this year through an agreement with established IHOP Franchisee

  • Saudi Arabia looks to increase trade exchange with Iraq

    The Saudi Export Development Authority organized a meeting of a group of Iraqi and Saudi businessmen to discuss opportunities for...

    The volume of exports of foodstuffs and construction constitutes about 60% of the total volume of the Saudi exports to Iraq

    Saudi Arabia imports aluminum scrap as well as iron scrap and some foodstuffs such as dates and rice from Iraq

  • Morocco: Overall port traffic up 11.6% in 2021

    Moroccan ports have recorded a significant evolution of overall port traffic, which has risen from 172.1 million tons in 2020...

    The maritime and port sectors have overall shown great resilience to the Covid-19 pandemic

    The transshipment accounted for 41.9 percent of overall traffic, followed by imports of 33.3 percent

  • Vaccine patents accord possible in weeks, says WTO

    Developing countries lagging in vaccinating their populations have been pushing for waivers on the patents on Covid-19 vaccines.

    The vaccine accord will pe possible after the EU-African Union summit on February 17-18 in Brussels

    Access to vaccine can be improved by lifting as far as possible restrictions to their distribution, says French minister

  • Qatar looks to profit from Europe gas fears over Ukraine

    Qatar ruler Sheikh Tamim bin Hamad Al-Thani has the Ukraine crisis, efforts to engage the hardline Taliban administration in Afghanistan,...

    Gas supply is a key area Europe fears could be affected if Russia takes military action in Ukraine

    Australia, Qatar, and the United States are the world's biggest exporters of natural gas used as fuel

  • TASI starts low; Emirati markets gain

    The Emirati indices managed to show gains throughout the week, while the Saudi index was unchanged.

    After a tumultuous session, Saudi Arabia’s main index closed unchanged on Thursday

    The Dubai index advanced 0.5 percent on Thursday, supported by a 1.5 percent jump in NBD Bank