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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.
  • Dubai Can initiative cuts single-use plastic bottle usage by over 7mn

    The success of the initiative is reflected in the fact that Dubai Can has been widely adopted in the city.

    The success of the initiative is reflected in the fact that Dubai Can has been widely adopted in the city

    Dubai Can has placed water fountains in strategic places across the city, including public parks, beaches, and popular tourist destinations

  • Moroccans take to the streets to protest high cost of living

    Defying a government ban against marches, scores of Moroccan trade union activists protested on Sunday in the capital Rabat and...

    The authorities have banned marches due to a "health state of emergency" put in place during the Covid-19 pandemic and still in force

    Prime Minister Aziz Akhannouch has promised to "strengthen market control" and lower prices in the coming days

  • Middle East faces a few hurdles in ESG investments

    Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on...

    Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on hydrocarbons, says an expert

    Efforts should also be made to make decisionmakers understand the financial aspects of ESG on businesseses, adds Sunil Rana, Founder and CEO of Vyzrd

  • Dubai Chamber of Digital Economy hosts industry workshop

    DUBAI, UAE - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has hosted the...

    The workshop saw discussions on topics surrounding regulations, funding, talent, and infrastructure.

    The dialogue sought to provide clarity and a better understanding of the opportunities and challenges faced by e-commerce companies.

  • Saudi meet stresses carbon capture vital for net-zero goals

    Riyadh, Saudi Arabia – Net-zero goal cannot be achieved without carbon capture and there is a need to scale up...

    The King Abdullah Petroleum Studies and Research Center held a high-level roundtable on Carbon Management Technologies.

    In 2022, investment in the carbon capture utilization and storage hit $6.4 billion.

  • Abu Dhabi delegation in Israel explores business opportunities

    ABU DHABI, UAE -  A delegation of 10 Abu Dhabi entities visited Israel from  February 12-16 to discuss business cooperation...

    The Abu Dhabi delegation participated in the 2023 OurCrowd Global Investor Summit in Israel.

    The delegation hosted the Abu Dhabi Pavilion showcasing business and investment opportunities in the emirate.

  • DEWA CEO discusses bilateral cooperation with Emerson

    DUBAI,  UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA)  Saeed Mohammed Al Tayer received a high-level...

    DEWA, Emerson discussed advancing sustainability and consolidating foundations for environmental, social, and corporate governance.

    Clean energy makes about 14 percent of the total energy production capacity in Dubai.

  • Tunisia’s Saied kicks out Europe’s trade unionist for ‘interference’

    Earlier in Saturday, Esther Lynch, Europe's top trade union official took part in a demonstration organized by the UGTT trade...

    The Saturday's protest were partly organized to demand the release of senior UGTT official Anis Kaabi, who was arrested on January 31 following a strike by toll booth staff

    Esther Lynch, Europe's top trade union official had given a speech to thousands of people at a demonstration organized by the UGTT in Tunisia

  • Israel slams ejection of envoy from African Union summit

    Israel condemned the "severe" expulsion of a senior diplomat from the African Union summit, accusing Iran of orchestrating the move...

    A spokesman for the Israeli foreign ministry described the incident as "severe," noting Bar-li was "an accredited observer with an entry tag".

    African states should "oppose these actions, which harm the African Union movement and the entire continent," the spokesman added.

  • Tunisian trade union protest against plunging economy

    SFAX, TUNISIA - Thousands of Tunisian trade unionists held protests across the country on Saturday over worsening economic woes and the...

    The North African country is in drawn-out talks with the International Monetary Fund for a bailout loan

    Demonstrators in Sfax, where the largest protest took place on Saturday, chanted "Tunisia is not for sale!"