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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.

Jordan defeats Tajikistan to reach first Asian Cup semi-final

DOHA, QATAR - Jordan set up a semi-final against South Korea or Australia after ending Tajikistan's fairytale Asian Cup run with...

Pilgrims arrive in Mecca for second hajj of Covid-19 pandemic

Up to 60,000 Muslims residing in Saudi Arabia are allowed to take part in this year's hajj, evoking the envy...

Global economy to grow fastest in 40 years in 2021: Report

Advanced economies, especially the US, drive forecast upgrade as they are expected to grow by 5% in 2021

Oil prices extend gains after OPEC+ talks fail, equities mixed

Brent broke above $77 for the first time since 2018 Breakdown of talks raises the possibility of $100 a barrel...

Egypt upset as Ethiopia starts second phase of filling mega-dam on Nile River

The Grand Ethiopian Renaissance Dam has been a source of conflict between Addis Ababa, Egypt and Sudan since construction began...

Saudi Arabia to create 40,000 jobs for its nationals

Job creation is part of Saudi strategy to help residents obtain high-quality jobs The strategy seeks to push more Saudi...

Dubai’s Hilshaw Group to help Ukraine mitigate climate change fallout

Hilshaw Group will conduct an impact study as the first phase of the process to understand and counter the effects...

G7 leaders pledge 1b Covid vaccine doses to poor countries

    Delivery of at least half of the doses pledged expected by the end of 2021 G7 countries will...

$104 million program targets land degradation in Africa, Central Asia

  The program will bring 12 million hectares of drylands under sustainable land management Drylands cover over 40 percent of...

Dubai FDI presents the Dubai advantage to investors across 6 countries

Dubai FDI sought investment from China, India, Australia, Spain, Italy and the US through webinars Investors invested to explore opportunities...

Saudi Aramco tops Forbes Middle East’s list of top 100 firms

Market value of the 100 companies stands at $3 trillion, 93 percent witness increase in their market value

WW3 may begin before US President Biden’s term ends, Trump says

NEW YORK, US - World War III may break out before US President Joe Biden leaves office, former US president...

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Nearly 14m children in Sudan need aid, says UNICEF

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support...

DUBAL, Oriental Copper ink MoU

JV will manufacture high-quality copper products in UAE.

Saudi league’s transfer window can affect Europe’s clubs, says Liverpool

Singapore, Singapore - Liverpool manager Jurgen Klopp on Tuesday urged football authorities to address the late closure of the transfer window...

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Quran set alight at protest outside Sweden parliament

Two men set the Quran alight outside parliament in Stockholm at a protest similar to previous ones that have sparked...
  • Sweden has already seen its diplomatic relations with several Middle Eastern nations strained over previous protests involving Quran desecrations.
  • Swedish police have previously stressed they only grant permits for people to hold public gatherings and not for the activities conducted during the events.

Egypt energy-saving measures evoke satirical reaction among citizens

Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and...
  • After 11 days of daily blackouts, Prime Minister Mostafa Madbouli ordered civil servants to work from home once a week.
  • He announced scheduled power outages at least through August, and proposed other solutions to Egypt's energy crisis.

UAE urges collective action for sustainable development at G20 ministers meeting in India

DUBAI, UAE – UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri highlighted the importance of collective...
  • The UAE minister called upon G20 countries to fulfil their commitment to providing the pledged financial support for global climate initiatives.
  • She said that is only by collective action that the global community can achieve the worldwide emission reduction target.