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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.

Macron attends PIF-hosted Riyadh One Planet Sovereign Wealth Funds meet

Riyadh, Saudi Arabia -- French President Emmanuel Macron and over 100 CEOs besides members of OPSWF, asset managers, and private...

Saudi personal finance market posts 4.4% jump to $18.96bn

Saudi Arabia's finance companies have provided a whopping $18.96 billion in personal finance loans to the kingdom's citizens during the...
  • The real estate loans increased by 1.3 percent to SR26 billion in the first quarter compared to the last quarter of 2021
  • Compared to the fourth quarter of 2021, the real estate loans for corporates recorded a higher growth rate at 4.74 percent against 0.72 percent increase that was seen in retail loa

Diamonds forge cornerstone of Israeli-Indian relations

Israel's Diamond Exchange is home to some 30 Indian companies making India the foreign nation with the biggest number of...
  • Since India's ruling Bharatiya Janata Party led by Prime Minister Narendra Modi came to power in 2014, the Hindu nationalists have agreed several large contracts with Israel
  • Israel sources raw stones from around the world, while many Indian companies specialise in polishing the rocks into gleaming gems

Sharjah Executive Council discusses realty sector draft laws

The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of...
  • The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of renting real estate
  • Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council chaired the meeting

Building trust in a zero-trust environment

How can companies effectively navigate zero trust without creating friction among employers and employees? And how do they get there...
  • Despite years of industry efforts against insider threats, there isn’t enough data – or systems advanced enough – to spot all malicious behavior
  • Beside building a culture of cybersecurity, more companies have begun investing in zero trust architectures to proactively cover all attack surfaces

Iconic Iran river threatened by droughts, diversions

Iran, like other nearby countries, has suffered chronic dry spells and heat waves for years.
  • Iran, like other nearby countries, has suffered chronic dry spells and heat waves for years
  • The reduced flow of the Zayandeh Rood is also man-made because much of its water has been diverted to supply neighbouring Yazd province.

Renewables, wind power, EVs to check climate change

Mitigate the carbon footprint of every other alternative energy that we’re going to develop, says Occidental Petroleum chief Vicki Hollub...
  • Mitigate the carbon footprint of every other alternative energy that we’re going to develop, says Occidental Petroleum chief Vicki Hollub
  • The world does not need to choose between an energy crisis and a climate crisis, says International Energy Agency Executive Director Fatih Birol

Rich Lebanese look for home away from hardships

Fearing visa hassles could cost him his job in Dubai while an economic collapse had dashed any homecoming options, Lebanese...
  • Citizenship by investment schemes have become a booming business internationally, attracting the well-to-do from volatile countries like Iraq, Yemen and Syria
  • "Three years ago, I would not have imagined I would buy a passport," said Jad, who had previously grappled with lengthy visa procedures for business trips

Working with partners to understand cause of monkeypox: WHO

World Health Organization (WHO) has said that it is working closely with 'partners' to  better understand the extent and cause...
  • According to a WHO statement the virus is endemic in some animal populations in a number of countries
  • There are about 80 confirmed cases so far, and 50 pending investigations

Jewish worshipers clash with police at pilgrimage site

A crowd of Jewish worshipers broke through police barriers on Thursday at an annual pilgrimage in Israel's Mount Meron, a...
  • More than 10,000 faithful had converged on the site under tightened security measures for the start of the pilgrimage on Wednesday
  • The Mount Meron pilgrimage occurs on the Lag BaOmer holiday, when mainly ultra-Orthodox Jews throng the site of the tomb of revered second century rabbi Shimon Bar Yochai

Iran arrests academic on national security charges

Iranian police have arrested academic and author Said Madani on charges of acting "against the security" of the country and...
  • "Suspected of having links with foreign countries and of having committed actions against the country's security, Said Madani Ghahfarokhi was sent to prison," Mehr reported
  • Madani has been detained several times in the past, notably in 2012 when he was sentenced to six years in prison

Macron attends PIF-hosted Riyadh One Planet Sovereign Wealth Funds meet

Riyadh, Saudi Arabia -- French President Emmanuel Macron and over 100 CEOs besides members of OPSWF, asset managers, and private...

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UN Security Council to vote on US Gaza ceasefire resolution

The text of the resolution "welcomes" the truce and hostage release proposal announced on May 31 by President Joe Biden,...

EU targets UAE telecoms firm in new anti-subsidy probe

Telecoms group e&, whose majority stakeholder is the UAE government, signed a $2.3-billion agreement in August 2023 to purchase Czech...

COP29 climate hosts say they’ll keep expanding fossil fuels

Bonn, Germany -- The incoming president of the COP29 UN climate summit in Azerbaijan told AFP on Friday that his country...

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Israel ‘prepared for very intense operation’ on Lebanon border

Jerusalem, Undefined -- Israeli Prime Minister Benjamin Netanyahu said Wednesday that Israel was "prepared for a very intense operation" along the...
  • Almost eight months of exchanges between Israel and Hezbollah have intensified over the past week, with Israel striking deeper into Lebanese territory.
  • "We are prepared for a very intense operation in the north. One way or another, we will restore security to the north," Netanyahu said during a visit to the border area.

Qatar signs 27-year gas supply deal with Chinese Petroleum Corp

Qatar will supply four million tons of gas a year under the deal, QatarEnergy said in a statement, without disclosing the...
  • Qatar is one of the world's top liquefied natural gas producers alongside the United States, Australia and Russia.
  • In recent months, Qatar has inked LNG deals with France's Total, Britain's Shell, India's Petronet, China's Sinopec and Italy's Eni among others.

Work-life imbalance, mental health hit women hardest

Despite widespread cultural and contextual differences, many women around the world are experiencing similar challenges in and out of the...
  • Women are feeling the weight of misbalanced caregiving and domestic responsibilities.
  • Nearly half of the women say they are worried about their personal safety at work or when commuting or travelling for work