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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.
  • Two Ajman organizations pledge to work for women empowerment

    The Ajman Business Women's Council and Umm Al-Moumineen Women's Association in Ajman will now work together to empower women. The...

    Ajman Business Women's Council and Umm Al-Moumineen Women's Association signed an MoU to work for women empowerment.

    The focus of both the organizations will be on increasing women's contribution to the process of sustainable economic development.

  • Mawani signs MoUs with Huawei, Ericsson to push Smart Ports program

    The Saudi Ports Authority (Mawani) on Sunday launched the Smart Ports initiative in a bid to enable Saudi ports apply...

    The program is aimed at enabling Saudi ports to utilize 5G, AI and other technologies besides boosting their competitiveness..

    Ports account for more than 90 percent of the Saudi export movement, according to President of Saudi Ports Authority, Omar bin Talal Hariri.

  • Hit by sanctions, many Afghans find a savior in cryptocurrency

    In the middle of a bazaar in western Afghanistan, Arezo Akrimi takes out her smartphone and, after a few taps...

    Afghanistan's economy has virtually collapsed and the country is in the grip of a crisis caused by the seizure of billions of dollars of assets held abroad.

    But digital currencies and their decentralized architecture, impervious to international sanctions, are allowing a handful of young Afghans to avoid the worst of the crisis.

  • Kuwait to hire 1,000 non-Kuwaiti teachers for academic year 2022-23

    Kuwait’s Ministry of Education has said it will hire 1,000 non-Kuwaiti male and female teachers to fill the shortage in...

    An applicant must be a University graduate qualified to work in general education schools in 11 different specializations.

    The majors required of males are English, French, mathematics, science, chemistry, physics, biology, geology and philosophy.

  • Tunisian eco pioneer battle to save Sahara Oasis life

    The French-Tunisian setup includes the "Palm Lab," where engineers, architects and artists discuss how to conserve the oasis of agriculture.

    American Kevin Klay has been selling Date Sugar with a main market in US since 2018 and it is made through the waste of Dates

    The drip irrigation technology of ecology project make investors and farmers want to reinvest in the oasis

  • GCC airfares soar as oil prices rise

    The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.

    Several Arab airlines have decided to raise the prices of their tickets slightly

    Kuwait’s Jazeera Airways increased fares to all destinations from March 7

  • Expo 2020 achieves another milestone, records 20m visits

    Expo 2020 Dubai, the largest global gathering since the start of the pandemic, reached the milestone of 20 million visits...

    Dubai Expo 2020 is the biggest event ever to be held in the Arab world with cultural, numerous educational and entertainment experiences

    The appearances of Global leaders, sporting heroes, renowned artists and superstars formed some of the 32,000 events and attractions at the Expo

  • Saudi crude oil exports rose 59,000 barrels a day in January

    The crude oil exports of Saudi Arabia rose by 59,000 barrels per day to 6.996 million bpd in January, according...

    The new data indicated that in January the kingdom’s exports of crude oil rose by 0.9 percent from 6.937 million bpd in December

    January also marked a substantial increase in the direct use of crude oil — such as oil burning for electricity generation

  • Russian wheat flour supply to Palestine to resume

    The Palestinian Authority is already engaged in ongoing national efforts to diversify international markets that supply Palestine with basic commodities.

    About 15,000 tons of Russian wheat flour are scheduled to arrive in Palestine by the end of this month

    This comes despite the current Russian-Ukrainian crisis and its effects on global supply chains, especially food

  • Bahrain top Arab country in the World Happiness Report 2022

    The annual report is published by the United Nation’s Sustainable Development Solutions Network.

    The report ranks Bahrain in the 21st position out of 146 countries

    This is an improvement by one position from last year’s report