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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’s government, private sector to discuss future at Innovation Talks

    DUBAI, UAE - The Innovation Talks series will bring together heads and representatives of Dubai government departments, and experts from...

    The three-day Innovation Talks series will include keynote sessions and knowledge seminars.

    The series emphasizes the importance of innovation, especially in providing services and increasing the effectiveness of procedures.

  • Dubai Customs, Dubai Chambers discuss support for private sector

    DUBAI, UAE - Dubai Customs and Dubai Chambers discussed supporting  businesses and the private sector and enhance the emirate’s competitiveness...

    Dubai Customs, Dubai Chambers discussed their shared plans and strategies, including the electronic integration of services.

    They also discussed the development of new services to consolidate Dubai’s position as a major global economic hub in the next 10 years.

  • SEDD discusses cooperation with Matajer

    SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial...

    SEDD contributes to planning and leading the economic development of the emirate.

    The department contributes to strengthen the partnership between government and private sector.

  • Passion for football catapults housebound Jordanian to stardom

    Abu Nawas grew up spending much of his time watching football matches, analysing the teams and playing football video games.

    Abu Nawas's videos usually feature him wearing a football jersey, excitedly commenting on matches and news from the world of football

    He lamented that in Jordan "nobody cares" about people with diseases like his, and said he wished he had had the opportunity to attend school

  • Dams fulfill GCC’s water needs, boost economies

    More dams are being built in the region to shield the residents against floods, offer a lifeline during drought and...

    More dams are being built in the region to shield the residents against floods, offer a lifeline during drought and work towards food sufficiency by enhancing agriculture output

    Seen as a major step towards green transition, dams in the Gulf countries are also helping in conserving water resources, feed or recharge the aquifers and natural springs

  • ‘UAE is committed to achieving sustainability’

    ABU DHABI, UAE - Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment...

    Abu Dhabi attaches high priority to protect the environment and preserve natural resources.

    Sheikh Hamdan also highlighted the emirate and the EAD's journey in promoting sustainability and preserving the environment.

  • Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head

    AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...

    Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.

    There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.

  • UAE participates in G20’s sustainable finance working group meeting for 2023

    ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...

    The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.

    G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.

  • Downward slide in global food prices continues: FAO

    Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export...

    Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export availabilities of sunflower seed and rapeseed oils

    The UN organization expects international trade in cereals in the 2022-23 period to decline by 1.7 percent from the previous year’s record level of 474 million tons

  • Investing in Israel faces growing risks, warns JP Morgan

    The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings or...

    The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings

    Leading Israeli economists have warned that the proposed reforms will do "long-term harm" to the Israeli economy.