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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.

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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.

$4 bn US-UAE effort to help farming adapt to climate change

  • During the UN talks in Glasgow, Scotland, the two countries launched the Agriculture Innovation Mission for Climate
  • The AIM is seen as critical for averting the most disastrous impacts of climate change

As part of COP26 climate talks, the United States and United Arab Emirates launched a campaign on Tuesday to direct funding towards making agriculture climate-resilient and cutting its emissions, Reuters reported on Wednesday. 

During the UN talks currently underway in Glasgow, Scotland, the two countries launched the Agriculture Innovation Mission for Climate (AIM for Climate), which is seen as critical for averting the most disastrous impacts of climate change.

“The climate crisis threatens to disrupt food systems around the globe, exacerbate food insecurity and negatively impact farmers’ livelihoods,” U.S. agriculture secretary Tom Vilsack said, quoted by Reuters, adding investment to help the industry adapt was needed.

AIM has so far been endorsed by over 30 countries and 40 NGOs.

A total of $4 billion has been committed so far, almost exclusively through government investments, by the participating governments, which span Europe, Asia, and Africa.

Funds available to individual governments will be used to fund research on reducing agricultural emissions and promoting biodiversity, as well as improving farm climate resilience.

As a result of its oil revenues, UAE has become wealthy, but it has also developed technology to boost food yields from largely desert areas.