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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.
  • Turkey tourism industry bemoans Russia-Ukraine war

    Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are...

    Within a few days of Russia's invasion of Ukraine on February 24, Ukrainians and Russians cancelled reservations for trips of Turkey

    Visitors from Ukraine and Russia made up over a quarter of all tourists who arrived in Turkey last year, tourism ministry reported

  • Ukraine crisis threatens Arab wheat supplies

    A look at the Arab countries that are dependent on wheat imports from Ukraine and Russia.

    Russia is the largest producer of crude oil, second largest producer of gas and the largest exporter of wheat.

    Many Arab countries depend on Russia for their wheat imports and fear disruption in supplies.

  • Discussion held on a study as part of Riyadh Economic Forum’s next edition

    A panel discussion was organized by the Riyadh Economic Forum to review the progress of an important study, “New Investments,...

    Several government officials, academics, businessmen and women and others participated in the discussion.

    The study explores future scenarios for the industrial fields related to the knowledge economy.

  • Inaugural session of Qatar-Nigeria Economic Forum begins

    The Qatar-Nigeria Economic Forum kicked off in Lagos, the economic capital of the Federal Republic of Nigeria.

    The Forum aims to enhance economic cooperation and review business opportunities between the two countries

    A special focus will be placed on cooperation in the fields of manufacturing, construction, oil and gas and technology

  • World’s first robot citizen Sophia to attend Dubai audit conference

    The humanoid robot Sophia, the world's first robot citizen, will arrive in Dubai on Tuesday, March 8, to participate in...

    Sophia will attend largest smart conference for internal auditors, the 20th Annual Regional Audit Conference from March 7- 9.

    Sophia became the world's first robot citizen after Saudi Arabia granted her citizenship in October 2017.

  • Tunisia starts operation of 10MW solar plant in Tozeur governorate

    A 10 megawatt solar photovoltaic plant named Tozeur 2 has started operations in Tozeur, a governorate in southwest Tunisia. The...

    The plant, built at a cost of 25 million dinars ($8.4m) will consolidate the production of the first plant Tozeur 1, to reach a total capacity of 20 megawatts.

    The two plants will supply one third of the governorate's electricity needs, equivalent to the consumption of about 18,000 families.

  • Jordan inventors use TechWorks to realize dreams

    TechWorks is a Jordanian platform aimed at bringing together youth, ideas and resources to jump-start innovations.

    Set up in 2018, TechWorks says its mission is ‘to plug into entrepreneurial and innovation ecosystems’ and turn ideas into reality

    Affiliated with a foundation set up by Crown Prince Hussein, it is equipped with technology such as 3D printers

  • Russia threatens Ukraine ‘statehood’ as sanctions tighten

    Since Russia's invasion 10 days ago, the economic and humanitarian toll of the war has spiraled, sending more than one...

    Russia has threatened a wider war if a no-fly zone is set up by any Western power

    Ukraine has received weapons, ammunition and funds from its Western allies

  • US is finally cleaning up its abandoned, leaking oil wells

    In the United State, it took more than a century to pass regulations governing record-keeping for wells and their sealing,...

    The US is pockmarked with millions of abandoned oil wells that are unsealed but haven't produced anything in decades

    The US Environmental Protection Agency estimates that there are around 3.5 million orphaned wells that can leak oil and brine

  • UAE, IRENA to give clean cooking energy to communities

    The initiative, called Beyond Food, was launched in collaboration with the Nama Women Advancement Establishment.

    The UAE and IRENA will have tied up to promote the deployment of clean cooking solutions across the world

    The partnership aims to expand and bring in more key actors working on this issue in the coming days