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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 lira crashes to new record low against dollar

    The Turkish lira plunged to record lows against the dollar on Tuesday after President Recep Tayyip Erdogan said policymakers have...

    The currency fell by 13 percent to almost 13 lira against the dollar

    Turkey is facing the worst currency crisis since August 2018 when the value of the lira hit historic lows

  • The broken dreams of desperate migrants fleeing Africa for Saudi

    Tens of thousands of migrants are stuck in Yemen, unable to pay for a return trip, held hostage by smugglers...

    Tens of thousands of migrants are stuck in Yemen, unable to pay for a return trip, held hostage by smugglers or detained by local authorities

    Movement along the Eastern Route is picking up again after slowing in 2020, when borders closed because of the coronavirus pandemic

  • Returned migrants still long for way out of Iraq

    Around 400 Iraqi migrants have returned home after spending three weeks in freezing forest of Belarus, deep in debt but...

    The West accuses Belarus of taking migrants to the borders with EU members Poland and Lithuania with promises of easy crossing

    Belarus has denied the claim and criticized the EU for not taking in the migrants

  • Qatar, Poland to enhance cooperation: Polish Deputy Foreign Minister

    Deputy Foreign Minister Pawel Jablonski of Poland said on Monday that Poland and Qatar can increase their cooperation in many...

    Jablonski said that his current visit to Doha aims to discuss new opportunities to support and advance economic, investment and tourism cooperation

    He also discussed with Qatari officials ways to enhance cooperation with the Qatar-Poland Business Council, the Qatar Financial Center, the Qatar Free Zones Authority

  • Companies in UAE should invest in technology to stay ahead of digital curve: Microsoft Hololens chief

    With the current global circumstances accelerating the need for immersive tools such as augmented reality and virtual reality, businesses across...

    Pace said that collaboration and investment were key to empowering businesses

    She works with a team in San Francisco, US, to address technical challenges to push the barriers and unlock solution

  • Iran says hopes for ‘constructive’ visit by IAEA chief

    The landmark nuclear deal was torpedoed in 2018 by then US president Donald Trump's unilateral decision to withdraw Washington from...

    "We hope that Rafael Grossi's visit will be as constructive as the previous ones," foreign ministry spokesman Saeed Khatibzadeh told reporters.

    On Friday, the IAEA said Tehran had again increased its stockpile of highly enriched uranium, many times in excess of the limit laid down in the 2015 agreement.

  • Dubai International Financial Centre Courts first fully digital court in emirate

    The Dubai International Financial Centre (DIFC) Courts said on Monday that all its internal processes and customer-facing services were now...

    The Courts had accelerated the integration of all services into its digital infrastructure following the launch of Dubai Paperless Strategy in 2018.

    In May 2021, the DIFC Courts became Dubai’s first fully paperless entity by acquiring the qualified electronic seal solution Ethaq.

  • El Salvador to build ‘Bitcoin City’ at the base of a volcano

    The city will be built near the Conchagua volcano to harness geothermal energy to power the city and Bitcoin mining.

    The city will be built near the Conchagua volcano to harness geothermal energy to power the city and Bitcoin mining

    Land and infrastructure will be provided by the government, as well as efforts to attract investors

  • Jordanian tourism income up 61.2% in first ten months of 2021

    On a monthly level, the tourism revenues during October of 2021 rose by $302 million, reaching $352 million, compared with...

    The data showed that the growth in revenue was mainly driven by a 59.7 percent rise in the number of tourists

    Non-resident Jordanians accounted for 44.6 percent of the total tourism income. followed by Arab countries (excluding Gulf countries) with 27 percent

  • Imports imperil Jordanian makers of handcrafted shoes

    According to the country's Shoe Manufacturers Association, there used to be over 250 shoe workshops and factories in Jordan, employing...

    According to the country's Shoe Manufacturers Association, there used to be over 250 shoe workshops and factories in Jordan, employing about 5,000 people

    The country has now around 100 workshops and less than 500 workers, according to Naser Theyabat, head of the association

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