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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, Seychelles to expand cooperation in tourism sector

  • Saudi’s tourism ministry signed an MoU with the Ministry of Foreign Affairs and Tourism of Seychelles.
  • The MoU aims at supporting the efforts of tourism institutions and associations via holding conferences.

Saudi Arabia and Seychelles will form a partnership to boost cooperation and exchange expertize in tourism sector which includes planning, investment, and developing tourism sites and projects.

Saudi’s tourism ministry signed an MoU with the Ministry of Foreign Affairs and Tourism of Seychelles regarding the same.

The MoU aims at supporting the efforts of tourism institutions and associations via holding conferences, entertainment programs, seminars, and exhibitions.

The MoU was signed by the Minister of Tourism, Ahmed Al-Khateeb, and his counterpart, Sylvestre Radegonde.

The two discussed the importance of tourism and its role in increasing economic growth, creating job opportunities, and promoting sustainable development and cooperation between the two countries.