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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.

Iraq seeks to boost relations with Algeria in multiple sectors

  • The Algerian Foreign Minister noted his country's desire to enhance communication with Iraq.
  • Both the countries are looking to face common challenging issues like energy and food security.

Prime Minister Mustafa Al-Kadhimi affirmed Saturday Iraq aspires to strengthen the relations with Algeria in various fields.

“PM Al-Kadhimi received the Minister of Foreign Affairs of the People’s Democratic Republic of Algeria, Ramtane Lamamra, and the accompanying delegation,” local media reported.

They discussed bilateral relations between the two nations, including common challenging issues like energy & food security, which arose due to Ukraine war.

The Algerian Foreign Minister noted his country’s desire to enhance communication with Iraq and strengthen mutual cooperation relations.

The two sides confirmed their stance to support the Palestinian cause and for the Palestinian people to obtain their full rights.

Al-Kadhimi praised the Algerian government for supporting the Palestinian national reconciliation measures and the unity of the Palestinian ranks.

This includes importance of concerted efforts strengthening the mechanisms of joint Arab action, and confronting the challenges witnessed in the region.

They reviewed preparations for the Arab summit in Algeria on 1 November, and the work of Algerian-Iraqi joint committee to discuss their relations.

The 14th session of the joint committee is scheduled to be held in Algeria at end of 2022.