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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 Arabia, Oman ink 13 business deals

    The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.

    OQ signed three MoUs in the fields of petrochemicals, renewable energy and green hydrogen sector

    In the field of dry dock and logistic services, Asyad signed an MoU with a Saudi shipping company

  • Israel brings new law on cyber exports after Pegasus scandal

    An updated Israeli end user certificate issued Monday, to be signed by buyers, listed terrorism as including offences committed with...

    An agency for military exports liked to Israel’s defense ministry put out the law

    It specified that a foreign state seeking a cyber or intelligence system must only use it to combat terrorism and ‘serious crimes’

  • DEWA launches EV Green User Dashboard

    The EV Green Charger User Dashboard allows customers to manage multiple EV Green Charger cards, and pay their bills.

    The dashboard enables customers to track their charging and consumption data through DEWA’s website/smart app

    DEWA provides its EV Green Charger service to all electric vehicle users in Dubai, including local and international visitors

  • Natixis of France to fund ACWA Power projects with $2bn

    Natixis Corporate and Investment Banking of France has signed an agreement to finance ACWA Power projects over the next two...

    The MoU will allow both parties to “explore opportunities to develop new projects in the region,”

    Natixis has previously underwritten some of the Saudi-listed firm’s high-profile renewable projects, including the Sakaka solar project

  • Time to decrypt internet speed in Arab world

    This week's TRENDS infographic tries to find out where do Arab countries stand in terms of the speed of broadband...

    The internet connectivity is a cornerstone to business, education, financial literacy, access to employment and health care through telemedicine

    This TRENDS infographic tries to find out where do Arab countries stand in the latest Speedtest index.

  • Tadawul shares set to trade, after huge investor interest

    After evoking a huge interest in investors, shares of Tadawul group will begin trading on the main market on Wednesday,...

    The individual subscribers tranche of Tadawul’s initial public offering was 442.53 percent oversubscribed with a total demand of SR5.02 billion ($1.3 billion)

    The stock exchange group was offering 10.8 million shares to individual investors, or 30 percent of the total offer shares at a final price of SR105

  • Curtain goes up on first Saudi film festival

    Less than four years after lifting a ban on cinemas, Saudi Arabia is to host its first major film festival...

    Movie houses were barred for decades until April 2018, but over the next 10 days, actors and directors will tread the red carpet at Jeddah's Red Sea International Film Festival

    It will showcase 138 long and short films from 67 countries in more than 30 languages

  • Jordan olive festival clocks sales of $4.23m

    The sales of the 10-day festival included olive oil and various rural products, in addition to production kitchens.

    The festival was conducted in cooperation with the Ministry of Agriculture and several local and international partners

    In all, 263,458 people visited the event this time

  • Saudi Arabia, UAE ripe for hydrogen investments

    Green hydrogen has the potential to rapidly replace fossil fuels on a large scale, says Cranmore Managing Partner Yusuf Macun.

    Green hydrogen has a lot of potential particularly in heavy transport and heavy industries

    Green hydrogen has the ability to rapidly replace fossil fuels while simultaneously enhancing electrification

  • ENOC plans Dubai compact stations

    The first compact station opened at Dragon Mart 2 this month.

    After Dragon Mart and International City, the ENOC Group plans to open five more compact stations in Dubai

    The remaining seven expected to be launched across additional locations by 2023