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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.

  • Remittances: Ukraine flows may rise by 8 percent, Central Asian countries hit

    Remittances to Ukraine, which were around 12 percent of its GDP and nearly three times the size of foreign direct...

    Remittances were around 12 percent of Ukraine's GDP and nearly three times the size of foreign direct investment in 2021.

    Azerbaijan, Armenia, Tajikistan, and Uzbekistan received more than 50 percent of their remittance inflows from Russia from Q1-Q3 2021.

  • Sharjah Entrepreneurship Foundation discusses SMEs funding requests

    The Project Finance Committee of the Sharjah Entrepreneurship Foundation (Ruwad) has approved AED300,000 finance for a project that will work...

    The Foundation’s Project Finance Committee approved AED300,00 finance for a health fitness service program.

    The total approved financing by the end of February amounted to AED33 million, of which AED14.4 million were directly financed by the institution.

  • Jordan’s real estate trading at JD73 5mn in 2022

    The Department of Land and Survey (DLS) revealed that the revenue in the first two months of 2022 stood at...

    The Department of Land and Survey (DLS) revealed that the revenue in the first two months of 2022 stood at JD32.4 million up 15% from the figure reported in 2021

    Overall real estate sales in the Kingdom in the period decreased by 10 percent, as apartment sales declined by 5 percent

  • Aluminium, copper prices hit records on Ukraine fallout

    Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne.

    Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne

    Commodities have been red hot since Russia's assault on its neighbour, with gold on Monday back above $2,000 an ounce

  • Nightmare of underage marriage for Moroccan girls

    Rights groups say that marriage of girl child is widespread in remote, landlocked and marginalised areas in the country.

    Precarious livelihoods and long-held traditions in Morocco's backward areas hinder mission of spreading awareness on women's issues

  • Jordan commerce chamber says Ukraine crisis will affect market

    Nael Kabariti, who is the JCC president, said the Ukraine crisis has led the prices of staples to shoot up.

    Nael Kabariti, who is the JCC president, said the Ukraine crisis has led the prices of staples to shoot up

    Kabariti added that the war has heavily impacted the world basket and disrupted the shipping and export chains

  • Gunmen cause shutdown at two oil fields in Libya

    The National Oil Corporation declared “force majeure” at the Al-Sharara and Al-Fil fields due to the shutdown, according to a...

    The National Oil Corporation declared “force majeure” at the Al-Sharara and Al-Fil fields due to the shutdown, according to a statement published on Facebook

    Oil revenues are vital to the economy of Libya, a country sitting on Africa’s largest known reserves

  • Brent crude nears $140 per barrel, headed towards all-time high

    Brent North Sea crude oil for May delivery reached $139.13 shortly after electronic trading opened around 2300 GMT on Sunday.

    Even if oil is technically still exempt from sanctions, Russian oil exporters are struggling to find buyers

    Shell is one of the only companies still buying Russian oil, although it said it would donate the profits to Ukrainian causes

  • UAE, Israel work to secure region’s food needs

    Government support, coupled with strong social systems, must ensure that no one goes hungry, says Nobel Laureate Dr Dan Shechtman

    Enhancing collaboration between research institutes and agritech companies in Israel and the UAE will be pivotal to secure region's food future, say Israeli experts

    Arab region needs to develop the knowledge to grow crops in arid conditions, says Dan Shechtman of Israel Institute of Technology

  • Saudi Arabia hikes oil price as Russia-Ukraine war presses on

    Saudi Arabia has hiked oil prices for all regions after the crude oil prices soared to more than $115 a...

    Saudi Arabia's state oil producer Aramco raised the official selling price

    Aramco hiked all prices for the American customers by $1