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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.

Prototype of new public transport system in Makkah inaugurated

400 buses to be part of the transport system aimed at easing access to the Grand Mosque and supporting economic...

UN body says global food supply to be strong in 2021

Trade flows continued to reach new highs during the ongoing pandemic At the global level, food and agricultural exports grew...

SNIC Insurance outsources health insurance to Health 360°

SNIC Insurance will outsource the management of its health insurance to Health 360 due to its international and regional partners...

Middle East Policy Council invites nomination for 40 Under 40 Awards

Nominations can be submitted in eight categories — government, education, academia/think tank, non-profit, journalism, arts and culture, and business The...

In North Africa, Moroccans most interested in second citizenship: UK firm

  Caribbean nation of St Kitts and Nevis most popular destination for Moroccan nationals 3 million people of Moroccan descent...

GACA, Saudi Institute of Internal Auditors sign an agreement to implement performance quality assessment services

  The deal will see the implementation of quality performance evaluation services for GACA’s internal audit department The move will...

CBUAE introduces whistleblowing portal to anonymously report misconduct

  Portal to address alleged illegal and unethical practices by taking the necessary action promptly It also allows the sharing...

African Business Leaders awarded Honorary Doctorate in Dubai

  Thirteen outstanding executives were given the degrees Degrees are presented for exceptional contributions to society Thirteen African business leaders...

Saudi company using salt water to grow crops bags $10 million investment

A patented system of solar and growth monitoring technologies allows use of salt water for cooling greenhouses, irrigating crops  

UAE is member of UNESCO’s diversity promotion committee

The Intergovernmental Committee consists of representatives of 24 countries  Al Kaabi proposes six areas of action that warrant the attention...

OPEC+ postpones meeting amid signs of ‘discord’ on output plans

The 22-member OPEC+ group led by Saudi Arabia and Russia was due to decide on its 2025 output policy at...

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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...

Egypt says to support South Africa ICJ case against Israel

Pretoria brought its case to the ICJ in December, calling on the UN court to order Israel to suspend its...

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

Most Read

UN votes symbolically in favor of Palestinian membership

"I have stood hundreds of times before at this podium, but never for a more significant vote than the one...
  • Palestinians in April relaunched a request dating back to 2011 to become full members of the United Nations, where their current status is that of a "nonmember observer state."
  • The vote lets Palestinians submit proposals and amendments directly, without having to go through another country, as is the case now.

Hezbollah says fighters killed after Israeli strike on south Lebanon

The Lebanese security source, requesting anonymity as they were not authorized to speak to the media, said that "four Hezbollah...
  • Hezbollah said it launched "an air attack with explosive drones" targeting an Israeli military base and its vicinity in retaliation.
  • At least 399 people have been killed in Lebanon in seven months of cross-border violence, mostly militants but also including more than 70 civilians.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.
  • The airline said the revenue increase reflects an increase in network capacity and passenger numbers.
  • The airline carried 4.2 million passengers over the quarter, up 41 per cent year-on-year.