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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.

Senior officer among five Yemen soldiers killed as bomb explodes in Aden

Some 80 percent of Yemen's population of about 30 million people depends on aid for survival, after years of a...
  • The bomb attack came just days before the seventh anniversary on March 26 of the start of a Saudi-led military coalition's intervention.
  • Aden, which is also home to a separatist movement, has been the target of several attacks claimed by the Islamic State group.

UN agency to spearhead early warning plan covering every person on earth

“Early warnings and action save lives,” UN Secretary-General António Guterres said in a video message during a ceremony marking the...
  • The agency will lead the effort and present an action plan in November at this year’s UN climate conference (COP 27) in Egypt.
  • The new plan seeks to build on existing WMO activities and partnerships, including with key agencies, countries and groups already active in the field.

North Korea fired intercontinental missile, claim South Korea, Japan

Pyongyang has launched nearly a dozen weapon tests this year in defiance of UN sanctions. However, long-range and nuclear tests...
  • The missile was fired from Sunan, and had a range of 6,200 kilometers (3,850 miles)
  • It is said to have flown for 71 minutes and landed in Japan's territorial waters

UN to again ‘demand’ Russia ‘immediately’ end war in Ukraine

The vote comes after 141 countries approved a previous non-binding resolution on March 2 that similarly demanded that Russia immediately...
  • Last week, Russia cancelled an earlier attempt at the resolution due to a lack of support from its closest allies
  • Russia invaded Ukraine on February 24, and has been accused of committing war crimes against civilians

April 2 will be first day of Ramadan: International Astronomical Center

It will be possible to see the crescent with a telescope, but not the naked eye, from parts of the...
  • Seeing the crescent on Friday, April 1, is not possible with the naked eye from anywhere in the Islamic world
  • It can be viewed only through a telescope, but with great difficulty, from parts of Africa and the Americas

In fair phase-out of oil, gas-rich nations should stop first: Report

For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP...
  • The overarching objective, enshrined in the 2015 Paris Agreement, is to cap global warming ‘well below’ 2C, and 1.5C if possible
  • A torrent of research since 2015 has confirmed that the lower aspirational target is by far a safer threshold

Russia warns embargo on its oil imports will impact everyone

An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have...
  • Some EU countries including Baltic states have called for an embargo on Russian oil and gas
  • EU foreign ministers on Monday are meeting to discuss the situation in Ukraine

Untapped groundwater offers ‘vast potential’: UNESCO report

UNESCO stated that about 99 percent of all of the liquid groundwater on Earth is groundwater, although the resource is...
  • Water consumption is expected to increase by one percent annually over the next 30 years, UNESCO said, driven by population growth and demand from industry and agriculture.
  • Groundwater currently constitutes about 50 percent of the water withdrawn for domestic use worldwide, and 25 percent of the volume used for irrigation.

GCC members lead Arab nations in happiness report

Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the...
  • The World Happiness Report is a publication of the United Nation’s Sustainable Development Solutions Network
  • It extensively uses data from the Gallup World Poll, and used data from polls for 2019, 2020, and 2021 for this year’s report

Thousands of mourners take part in rabbi’s funeral in Israel

An estimated three quarters of a million ultra-Orthodox Jews attended the funeral Sunday of influential rabbi Chaim Kanievsky, known to...
  • The streets of Bnei Brak near Tel Aviv were packed with a sea of men and boys in black suits mourning for the Belarusian-born preacher who died Friday
  • A separate women's section was created in the streets of Bnei Brak for the funeral which is billed as one of the largest ever gatherings in "Israeli history"

KEZAD Group, Al Ghurair Group’s APT ink lease pact to set up manufacturing facility

ABU DHABI, UAE – Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Al Ghurair Group subsidiary Automotive Precision Technology (APT)...

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Building less, repurposing more key to low construction sector emissions

The industry is responsible for 37 percent of global carbon dioxide emissions and growing urbanization is spurring the construction of...

ENEC inks MoU with OSGE

Aim is to help in decarbonization of the Polish power sector.

IsDB to finance projects worth US$800m in member states

JEDDAH, SAUDI ARABIA - The Board of Executive Directors (BED) of the Islamic Development Bank (IsDB) approved to finance projects...

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G20 adopts Leader’s Summit declaration, says Indian PM Modi

NEW DELHI, INDIA- Indian prime minister and G20 host Narendra Modi said on Saturday the body had reached consensus on...
  • "Because of our team's hard work, and with your support, there is a consensus on the New Delhi G20 Leaders' Summit declaration," the Indian Prime Minister said.
  • Finding consensus among members has been increasingly difficult in recent years, with key G20 members deeply divided over Russia's war in Ukraine.

UAE President, Indian Prime Minister discuss strengthening bilateral, trade ties

NEW DELHI, INDIA - UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met to...
  • The meeting was held on the sidelines of the 18th Group of 20 (G20) Heads of State and Government Summit in New Delhi.
  • The two sides also exchanged views on various regional and international developments of mutual interest.

Jordan-ASEAN Economic Forum to be held in March 2024, says ACC

AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...
  • ACC will host the forum, in cooperation with Malaysia, Indonesia, the Philippines, Thailand and Sultanate of Brunei.
  • Trade exchanges between Jordan and ASEAN grew by 42 percent during 2022, compared to 2021, ACC's statistical data said.