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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.
  • 8 conciliators in economic disputes sworn in at Abu Dhabi

    Eight members of the first batch of conciliators in economic disputes and consumer complaints were sworn in at Abu Dhabi....

    The first batch of 8 conciliators in economic disputes and consumer complaints were sworn in

    The conciliators will begin their duties in the Abu Dhabi Department of Economic Development

  • Alpha Dhabi’s ‘W Solar’ to invest in Libya renewable energy

    The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya.

    The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya

    By 2030, Libya aims for 22 percent of electricity generation to come from renewable energy

  • Markets extend rally as rate hike fears subside

    Asian and European markets rallied again Monday, building on last week's advances and following a strong performance on Wall Street...

    A string of weak data has led many investors to believe that inflation may have plateaued or is about to, giving room for banks to be less hawkish

    While Fed chiefs continue to flag further big interest rate hikes in the pipeline, expectations for a prolonged period of increases have waned

  • Britain offers £50.2m grant to Jordan to expand social net

    The grant is part of an £95 million aid package including £65 million for the social protection sector.

    The grant is part of an £95 million aid package including £65 million for the social protection sector

    The aid also helps Jordan take care of the Syrian refugees. a priority for the British side

  • SVC to invest in Venture Debt Fund

    The fund will offer venture debt tools to startups and SMEs.

    SVC CEO Nabeel Koshak said the investment is part of the company's program to invest in funds.

    Koshak said funds offering venture debt tools provide financing solutions for startups, and SMEs, known for their quick growth rates.

  • Central banks should not let inflation become a norm: BIS

    Rise in prices has sharply accelerated since Russia's invasion of Ukraine in February, leading central banks to tighten their key...

    BIS, known as the central bank of central banks, said they will have to act quickly to return to low and stable inflation.

    After the shock of Covid-19, central banks initially saw the return of inflation as temporary as the economy gained pace.

  • Sharjah a vital tourist destination, says business body

    The Sharjah Chamber of Commerce & Industry organized a business meeting with the Embassy of the Republic of North Macedonia...

    Sharjah Chamber of Commerce & Industry organizes a meeting with North Macedonia Embassy in the UAE

    In the meeting with a North Macedonia delegation, SCCI promotes the emirate’s tourism potential

  • UAE’s EHS, Johnson & Johnson ink MoU on healthcare

    Emirates Health Services has signed a MoU with Johnson & Johnson Middle East to strengthen collaboration towards developing more advanced...

    UAE''s EHS has signed a MoU with Johnson & Johnson to strengthen collaboration towards developing more advanced health services

    The agreement will also strengthen collaboration in developing innovative hi-tech solutions to support the health sector in the country

  • Abu Dhabi explores clean energy solutions in Canada

    The UAE delegation’s visit to Canada comes at a time when the UAE is preparing to host the 28th United...

    The UAE delegation’s visit to Canada comes at a time when the UAE is preparing to host the 28th United Nations Climate Change Conference of the Parties (COP28) next year

    The conference will focus on upholding climate commitments, inclusion for all, and collaboration towards implementing concrete measures and developing practical solutions

  • 50 days on, ‘nothing changes’ for UAE delivery riders

    Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online...

    Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders

    It's time to start accepting slightly longer delivery timelines, treating riders with empathy, and constantly demanding better and humane working conditions for the riders