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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.

No need to change exchange rate of dinar against US dollar: Iraq

  • Economic conditions will determine the appropriate decision on exchange rate, official of the Iraqi central bank said
  • The official said that changing the exchange rate remains within the monetary authority's policy

The Central Bank of Iraq said that there is no reason for changing the exchange rate of the Iraqi dinar against the US dollar.

The economic conditions will determine the appropriate decision that fits the time period, the deputy governor of the Iraqi central bank Ammar Khalaf said.

He added that changing the exchange rate remains within the monetary authority’s policy and according to the circumstances.

From 2004 until now, the exchange rate changed several times according to the circumstances, toward an increase or a decrease, he said.