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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.
  • Large turnout of visitors at WETEX, Dubai Solar Show

    The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in...

    A total of 1,750 companies from 55 countries worldwide participated in the exhibition.

    Latest global solutions, technologies, innovations in energy, water, sustainability, renewable and clean energy were highlighted in the event.

  • Eurozone inflation jumps to record 10% on back of rising energy prices

    Stoked by a staggering 40.8 percent rise in energy prices, the yearly inflation rate in the 19-country single currency area...

    The ECB is desperate to prevent inflation from taking root in the economy and is taking measures that will reduce demand and could therefore slow growth.

    To tame prices, European Union energy ministers agreed on Friday to peak-hour power consumption and to impose windfall levies on energy companies.

  • IsDB, Jordan sign two pacts to support food security, tourism sector

    Jordanian Prime Minister Bisher Al-Khasawneh commended the continuous support of IsDB for economic projects in Jordan including help in the...

    Jordanian Prime Minister Bisher Al-Khasawneh commended the continuous support of IsDB for economic projects in Jordan including help in the modernization of the public sector

    President of the IsDB Group, Dr. Mohammad Sulaiman Al-Jasser affirmed the IsDB's interest in continuing to support and implement development and service projects in Jordan

  • Saudi Arabia, China explore trade, investments opportunities

    The two sides reviewed the growth of bilateral trade, and the volume of the commercial partnership.

    The two sides reviewed the growth of bilateral trade, and the volume of the commercial partnership

    Saudi Arabia's exports to China, in the second quarter of 2022, amounted to about $16.8 billion

  • UAE tops Arab countries in WIPO’s Global Innovation Index 2022

    The UAE also ranked 18th globally on the GII's Innovation Input Sub-Index, five ranks higher than 2021.

    The country also ranked 18th globally on the GII's Innovation Input Sub-Index, five ranks higher than 2021

    It ranked 6th globally in the Institutions indicator, as compared to 24th last year, 7th in the Infrastructure indicator, as compared to 14th in 2021

  • ‘Agri-tech, innovation key in improving farmers’ livelihoods’

    UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Agriculture Ministers’ Meeting in Bali...

    Innovation and agri-tech has helped UAE to support smallholder farmers and enhance their contribution to food security.

    innovative agricultural methods are the building blocks of sustainable food systems, says UAE minister.

  • UAE, Tanzania sign pact to avoid double taxation

    UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.

    The pact was signed as part of the UAE's endeavors to strengthen cooperation frameworks in tax matters.

    The agreement is in line with both countries’ efforts to boost cooperation in tax fields, increase investment opportunities, encourage trade exchange.

  • Dubai fifth globally in UN digital city governance survey 2022

    Dubai ranked fifth globally and first in the Arab World in the Local Online Service Index (LOSI) 2022 issued by...

    The latest Local Online Service Index assessed digital governments in major cities across 193 countries.

    Dubai received perfect scores in Institutional Framework, Content Provision and Service Provision, earning it top ranking in these vital indicators.

  • UAE to develop international maritime network

    The Ministry of Energy and Infrastructure (MoEI) announced the launch of the "UAE Maritime Network".

    The initiative supports the Ministry of Energy and Infrastructure efforts to enhance the position of the UAE’s maritime sector globally.

    The maritime network will be a knowledge hub for global stakeholders on investment opportunities in the UAE’s maritime industry.

  • Fourth leak detected at Nord Stream pipelines in Baltic Sea

    A Swedish Coast Guard official said that there are two leaks on the Swedish side and two leaks on the...

    Media reported that the latest leak was detected at the Nord Stream 2 pipeline, but the coast guard did not confirm this

    The vast leaks cause significant bubbling at the surface of the sea several hundred meters wide, making it impossible to immediately inspect the structures