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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 shows interest to develop nuclear reactors

  • The kingdom's Minister of Energy, Prince Abdulaziz bin Salman, said that Saudi Arabia isn’t looking for funding from any country to help it with its energy transition plan
  • “The future of the world and society lies not in us waiting for someone else to build the things we should use, but for us to build them ourselves,” he added

Saudi Arabia has evinced interest to develop small modular nuclear reactors in order to generate electricity for remote areas of the kingdom.

The kingdom’s Minister of Energy, Prince Abdulaziz bin Salman, said that Saudi Arabia isn’t looking for funding from any country to help it with its energy transition plan. These small reactors, also known as SMRs, will help to generate electricity to power remote areas.

He told GEC 2022 in Riyadh that the Kingdom will develop more technologies at home to limit the risk to the planet.

“The future of the world and society lies not in us waiting for someone else to build the things we should use, but for us to build them ourselves,” he added.