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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 to drill for gas in Mediterranean early next month

  • The EU came close to sanctioning Ankara in 2020 for pushing into contested east Mediterranean waters in search of fresh natural gas reserves
  • Turkey disputes its maritime borders in the eastern Mediterranean with EU members Greece and Cyprus
Turkey will resume gas exploration off its coast in the Mediterranean on August 9, the energy ministry said Tuesday.
“Turkish drilling ship Adbulhamid Han will start a mission in the Mediterranean on August 9 departing from the Mersin port” in the south of the country, it said in a statement.It did not say where exactly the drilling would take place, but a top Turkish official last week said it would carry on with exploration near the divided island of Cyprus next month.The European Union came close to sanctioning Ankara in 2020 for pushing into contested east Mediterranean waters in search of fresh natural gas reserves.Turkey disputes its maritime borders in the eastern Mediterranean with EU members Greece and Cyprus.

The island of Cyprus has been divided since 1974 when Turkish forces occupied the northern part of the island in response to a military coup sponsored by the junta in power in Greece at the time.

The northern third is the self-declared Turkish Republic of Northern Cyprus (TRNC) recognized only by Ankara.

The southern part of the island is Greek-speaking and a member of the European Union.