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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.

Crypto boss Justin Sun eats banana art he bought for $6.2 million

Hong Kong, China -- Crypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an...

New Israel Covid-19 rules trigger protest

Older citizens need to get booster vaccine shot, mask requirement indoors reimposed, vaccine certificates must for entering enclosed spaces

Six die in UAE from Covid-19, 1,537 test positive

The country's Ministry of Health and Prevention aims to continue expanding the scope of testing nationwide to facilitate the early...

Israeli Gaza bombing apparently amounts to war crimes: HRW

Unguided rockets and mortars fired by Palestinian groups towards Israel violate prohibition against targeting of civilians

Covid-19: Oman vaccinates nearly two million people

Muscat governorate has vaccinated the highest number of people followed by North Al Batinah and South Al Batinah

Doomed by pandemic, Makkah’s hotels can finally see light

Stung by the lockdown and lack of pilgrims traveling from around the world to Islam’s holiest site, Makkah’s hospital industry...

Jordan to vaccinate children and older citizens against Covid

Children aged 12 will be given the Pfizer-BioNtech vaccine only with the approval of a guardian and with no prior...

31 percent of all Middle East travel destinations closed: UNWTO

Digital solutions, vaccination to ease travel restrictions 29 percent of all destinations worldwide closed for international tourism About 31 percent...

Turkey withdraws from treaty to prevent violence against women

Ankara's withdrawal has triggered condemnation from both the United States and the European Union The Istanbul Convention signed in 2011,...

Jabeur hopes exploits inspire Arab women to play on tennis tour

She has brushed aside five-time Wimbledon singles title winner Venus Williams in straight sets to reach the third round for...

Aries Group to make dowry-takers leave, face legal action

The group had announced anti-dowry policy on International Women’s Day The clause incorporated in the employment contract Any employee of...

Crypto boss Justin Sun eats banana art he bought for $6.2 million

Hong Kong, China -- Crypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an...

Company News

Latest News

Despite international appeals, Israel to ‘intensify’ Rafah assault

Defense Minister Yoav Gallant said "additional forces will enter" the Rafah area and "this activity will intensify". "Hundreds of targets...

ADX gains $1.90bn on strong performances from bank stocks

Abu Dhabi, UAE -- The Abu Dhabi Securities Exchange (ADX) extended its gains at the close of trading today, adding...

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

Most Read

Summer 2023 was the hottest in 2,000 years: study

Paris, France -- Last year's northern hemisphere summer was the hottest in 2,000 years, according to a new study published on...
  • Study co-author Max Torbenson told reporters that 25 of the last 28 years exceeded the summer highs of AD246 -- the hottest year before modern temperature records began.
  • A separate study warns that higher temperatures and ageing populations would see tens of millions of older people being exposed to dangerous heat extremes by 2050.

Israel’s Rafah attack set Hamas talks ‘backward’: mediator Qatar

"There is no clarity how to stop the war from the Israeli side. I don't think that they are considering...
  • Israeli politicians were indicating "by their statements that they will remain there, they will continue the war. And there is no clarity on what Gaza will look like after this".
  • A senior US official told AFP negotiations were "at a simmer, they are at a low boil", but that conversations with the parties were continuing.

RAKEZ powers Ras Al Khaimah’s growth: CEO Ramy Jallad

Jallad underscores the role played by RAK ruler Sheikh Saud in positioning the emirate as a magnet for SMEs and...
  • Ras Al Khaimah is strategically located near several logistics’ routes, including shipping and aviation, says Jallad.
  • RAKEZ has investors and companies from over 100 different countries, as well as 100 different industries and segments.