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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.

Smart Madinah Forum 2022 kicks off

  • The forum aims at discussing concepts of smart cities and their relations to improving the quality of life
  • It is also a platform to discuss the role of innovation in enhancing sustainable development and getting acquainted with tools of civil innovation

Smart Madinah Forum 2022, which is organized by the Madinah Development Authority with the participation of thought leaders and technology partners from across the world was launched on Sunday. 

Director General of the World Competitiveness Center Prof. Arturo Bris; President and CEO of the World Council on City Data (WCCD) Patricia McCarney; Human Future Founder Jonathan Reichental; and CEO of Data and Innovation at the Madinah Development Authority Abdulrahman Ibrahim participated in the first session.

The forum aims at discussing concepts of smart cities and their relations to improving the quality of life and ensuring sustainability, in addition to reviewing the transformation of Madinah into  into a smart city.  

It is also a platform to discuss the role of innovation in enhancing sustainable development, getting acquainted with tools of civil innovation, as well as contributing to the empowerment of entrepreneurs to develop technological products through innovation laboratories.