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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.
  • UAE Industry Development Council reviews action plan

    Industry Development Council meeting reviews recommendations made at the first meeting, progress in implementing them and discusses the development of...

    Industry Development Council recommends launching unified platform for industrial data

    The council reviews suggestions made at first meeting, reflects on progress in implementing them

  • WTO talks extended in bid to seal fishing subsidy, food security deals

    The World Trade Organization's ministerial conference will run over into a fifth day on Thursday in the hope of striking...

    The global trade body only takes decisions by consensus and its 164 members all need to agree if anything is to get passed.

    India all but sank the WTO's bid to net a long-sought deal on curbing harmful fishing subsidies late Tuesday, insisting it would not sign up without a 25-year exemption.

  • UAE prohibits export, re-export of Indian wheat, flour for four months

    UAE's Ministry of Economy said the "decision comes in view of the international developments that have affected trade flows and...

    Companies that want to export/re-export wheat and wheat flour varieties imported into the country before 13t May need to seek the ministry's permission.

    The firms must submit to the ministry all documents and files that help verify the data regarding the shipment in terms of its origin, date of transaction.

  • Aid groups appeal UN to renew Syria cross-border aid resolution

    Dozens of aid groups Tuesday urged the United Nations Security Council to renew a resolution allowing aid deliveries to millions...

    Russia, an ally of the government in Damascus, has threatened to use its Security Council veto power to block the resolution's renewal

    Russia has argued aid can instead transit via Damascus-controlled parts of the country across conflict lines

  • 80 percent children in Ghaza suffer ‘distress’ due to years long blockade: report

    Four out of five children in Gaza suffer from emotional distress, Save the Children said Wednesday, 15 years after Israel...

    In a report called "Trapped", Britain-based Save the Children said the mental health of Gazan children has continued to deteriorate

    Since 2018, the number reporting symptoms of "depression, grief, and fear," had risen from 55 percent to 80 percent, the report said

  • Global economic growth forecast to pick up towards Q2 end: OPEC report

    The global oil demand is anticipated, according to the report, to average 101.8 mb/d in second half of this year,...

    The global oil demand is anticipated, according to the report, to average 101.8 mb/d in second half of this year, up from 98.7 mb/d on average seen in the first half

    Improving mobility in major economies, as well as seasonal containment of the pandemic is projected to support gasoline and distillate demand

  • Biden gambles there’s more to gain by courting Saudis

    Making an about-face by deciding to visit Saudi Arabia, US president Joe Biden is betting there is more to gain...

    The visit comes as China increasingly looks to Gulf Arab nations, which have mostly rebuffed US efforts to isolate Russia over its invasion of Ukraine

    Crown Prince had a far chummier relationship with former president Donald Trump, whose son-in-law Jared Kushner was said to chat with the prince over WhatsApp

  • Venezuela President in Qatar for unannounced visit

    Maduro was shown by the official Qatar News Agency being welcomed at Doha's international airport by Sultan bin Saad Al...

    Maduro was shown by the official Qatar News Agency being welcomed at Doha's international airport by Sultan bin Saad Al Muraikhi, the minister of state for foreign affairs

    Maduro was in Iran at the weekend and signed a 20-year-cooperation agreement with the Islamic republic

  • UN envoy appeals to Houthi rebels to open road to Taez

    The United Nations special envoy to Yemen called on rebel Houthis on Tuesday to agree to reopen roads into the...

    Surrounded by mountains, Taez, which has around 600,000 inhabitants, has been almost cut off from the outside world since 2015

    The truce in effect since April 2 has led to a reduction in fighting and in civilian casualties, as well as the resumption of commercial flights from Sanaa

  • Facing gas ‘blackmail’ by Russia, EU turns to Israel

    The European Union wants to strengthen its energy cooperation with Israel in light of Russia's use of gas supplies to...

    Moscow's conduct "only strengthens our resolve to break free of our dependence on Russian fossil fuels," she said

    Israel is estimated to have gas reserves of at least one trillion cubic metres, with domestic use over the next three decades expected to total no more than 300 bn