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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.

Syria to host the Arab Energy Conference in 2024

  • The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), was held on Thursday via video
  • The ministers agreed that Syria would head the Council of Ministers of OAPEC as of January 2022 until January 2023

The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), which was held on Thursday via video, concluded its activities with member states approving that Damascus would host the Arab Energy Conference in 2024.

The Ministers of Energy and Petroleum, including Minister of Petroleum and Mineral Resources, Bassam Tohme, agreed that Syria would head the Council of Ministers of OAPEC as of January 2022 until January 2023.

The 107th meeting of the OAPEC Council of Ministers was held on Thursday to discuss the organization’s estimated budget for 2022.