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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.

Biden announces $1 bn in food aid for Middle East: US official

  • The president will announce today that the United States has committed $1 billion in new near to long-term food security assistance for the Middle East
  • US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia

US President Joe Biden announced $1 billion in new food aid to the Middle East, a senior official said Saturday, amid rising food insecurity induced by the war in Ukraine.

“The president will announce today that the United States has committed $1 billion in new near- to long-term food security assistance for the Middle East and North Africa regions,” the official had said earlier in the day in Jeddah.