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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.
  • Saudi Arabia, Djibouti sign agreement on maritime transport

    The Kingdom of Saudi Arabia has signed a joint cooperation agreement in maritime transport with the Republic of Djibouti which...

    The maritime transport pact between Saudi Arabia and Djibouti aim to strengthen relations at the strategic level

    The agreement aims to open new horizons for cooperation in various fields between the two countries

  • ‘Make it in the Emirates’ helps in growth of industries

    The two-day 'Make it in the Emirates' event hosted by Abu Dhabi, highlight the UAE's capacity to ensure the growth...

    The two-day ‘Make it in the Emirates' event highlight the UAE's capacity to ensure the growth of national industry

    The event helps in identifying a number of products the country will depend on in the coming years

  • OPEC Fund extends $72 million loan for Pakistan Dam

    The OPEC Fund has partnered with Pakistan since 1976 and provided US$ 925 million financing in public and private sector...

    The OPEC Fund has partnered with Pakistan since 1976 and provided US$ 925 million financing in public and private sector loans

    While boosting Pakistan’s capacity to produce clean energy, the dam will also contribute to the development of the Khyber Pakhtunkhwa

  • Swimming and surfing, Gazans savour a cleaner sea

    Marine pollution has worsened in recent years in Gaza, where insufficient wastewater solutions have turned the Mediterranean into a dump.

    Marine pollution has worsened in recent years in Gaza, where insufficient wastewater solutions have turned the Mediterranean into a dump

    The problem has been further exacerbated by the dilapidated infrastructure of the impoverished and overcrowded enclave

  • UNCTAD ranks UAE first regionally, 19th globally in attracting FDI inflows

    The UAE also emerged 17th globally in terms of FDI outflows that totaled $22.5 billion in 2021, a 19% growth...

    The UAE also emerged 17th globally in terms of FDI outflows that totaled $22.5 billion in 2021, a 19% growth compared to the year 2020

    The report, which compares FDI performance of countries in 2021 with that of 2020, noted that in 2021, the UAE attracted $20.7 billion worth of FDI

  • Covid vaccines saved 20m lives in first year: Study

    Covid vaccines prevented nearly 20 million deaths in the first year after they were introduced, according to the first large...

    It is the first attempt to estimate the number of deaths prevented directly and indirectly as a result of Covid-19 vaccinations

    The study used official figures or estimates when official data was not available for deaths from Covid, as well as total excess deaths from each country

  • UN to hold Libya talks over parliamentary elections

    The world body said it will broker new talks between rival institutions from war-torn Libya next week to try to break...

    The world body said it will broker new talks between rival institutions from war-torn Libya next week to try to break a deadlock on the rules for long-awaited elections

    Presidential and parliamentary elections, originally set for December last year, were meant to cap an UN-led peace process following the end of violence in 2020

  • Dubai urges use of smart apps to order Eid sacrifices

    Muslims during Eid Al Adha traditionally buy a whole sheep to be slaughtered and distributed among friends, family, and the...

    Muslims during Eid Al Adha traditionally buy a whole sheep to be slaughtered and distributed among friends, family, and the poor

    Through the apps, residents can put in their orders for slaughter, have them delivered, or even distribute them to local charities

  • Big Oil meeting with US govt cordial but no gas price fix

    High prices at the pump are weighing on American consumers and damaging President Joe Biden's approval rating.

    High prices at the pump are weighing on American consumers and damaging President Joe Biden's approval rating

    Biden and the oil industry have an uneasy relationship, in part over the White House's efforts to restrict drilling in some federal areas

  • UAE gets 41% of all FDI projects to Arab countries in 2 decades

    The UAE received 41 percent share of the entire foreign direct investment projects all Arab countries attracted between 2003 and...

    The UAE received 41 percent share of the entire foreign direct investment projects all Arab countries attracted between 2003 and 2021

    As per the Arab Investment Export Credit Guarantee Corporation Arab countries received a total capex of US$1.3trn over the last 19 years