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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.
  • Qatar, Saudi Arabia lead GCC in education spend

    Qatar and Saudi Arabia lead the GCC countries when it comes to spending on education.

    Qatar has in absolute terms spent more per capita for education than any GCC nation since 2016

    However, when it comes to absolute totals and the share of the GDP spent on education, Saudi Arabia leads the pack

  • Natural experiments bring Nobel Prize to three US economists

    Card’s studies of core questions for society and Angrist and W Imbens’ methodological contributions have shown that natural experiments are...

    One half has been awarded to David Card “for his empirical contributions to labor economics,” which is rooted in natural experiments

    The other half is for Joshua D Angrist and Guido W Imbens, “for their methodological contributions to the analysis of causal relationships”

  • Now an ad from the lowest place on the Earth

    The new ad posted on the Twitter handle of the Israeli Pavilion at Expo 2020 Dubai has been videographed in...

    New ad of Israeli Pavilion at Expo 2020 has been shot in the middle of The Dead Sea

    It is an imitation of the Emirates’ ad from the top of 828-metre-high Burj Khalifa

  • Power partially restored in Lebanon after nationwide blackout

    Lebanon's electricity grid was back online Sunday after the army supplied fuel to two key power stations that had run...

    Energy Minister Walid Fayad said Sunday that the grid was back up and running

    Lebanon has witnessed rolling power cuts across the country since the end of its 1975-1990 civil war

  • Business confidence in Dubai reaches third-highest level in 10 years: Survey

    Business confidence in Dubai reached its third-highest level in 10 years as companies in the emirate begin to feel the...

    A survey by Dubai Chamber said companies in the emirate begin to feel the positive impact of Expo 2020.

    Global supply chain restrictions were identified as a key challenge for business leaders.

  • Iran needs $22bn to maintain gas output

    Iran’s Oil Minister Javad Oji has reportedly said the country requires at this investment to maintain the production level of...

    About 50 percent of Iran's gas reserves are in Bushehr province

    This is true for about 10 percent of the country’s oil reserves as well

  • Dubai announces projects worth $6.8 billion

    They include urban development, health, and transport projects.

    These are said to be part of a portfolio of public-private partnership or PPP projects

    The investments were announced at the First Dubai International PPP Conference

  • UAE passport strongest in GCC, 16th in global ranking

    The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport...

    The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport Index

    The Henley & Partners' list is one of many that rank passports based on their ability to provide access to their citizens

  • Gulf International Bank closes $625million sustainability-linked syndicated loan

    Gulf International Bank (GIB) said on Sunday that it has closed a $625 million sustainability-linked syndicated loan (SLL), making it...

    The deal makes it the first majority Saudi-owned bank to close such a facility.

    The deal was oversubscribed by more than two times with $1 billion commitments from 20 global investors.

  • Sharjah Chamber to sponsor 12th World Chambers Congress

    Running from November 23 to 25, the event will be held under the theme ‘Generation Next: Chambers 4.0’

    Running from November 23 to 25, the event will be held under the theme ‘Generation Next: Chambers 4.0’

    It will bring together more than 1200 participants from international organisations and governments representing 100 countries around the world

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