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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.
  • West responsible for Ukraine war, Russia wants ‘New World’ says Putin

    Moscow, Russia - President Vladimir Putin said Thursday that Russia's mission was to create a "new world" and blamed Western hegemony...

    Putin has portrayed Russia's full-scale military intervention in Ukraine -- launched in February 2022 -- as part of a long-standing confrontation with the West

    Putin said the conflict in Ukraine was "not a territorial" one and that Moscow has "no interests from the point of view of conquering some territories"

  • Middle East economic growth to fall in 2023, says World Bank

    WASHINGTON, US - The growth of the economies in the Middle East and North Africa (MENA) is expected to fall...

    The region’s gross domestic product is expected to fall to 1.9 percent in 2023 from 6 percent in 2022, due to oil production cuts.

    The decline in growth this year is expected to be more pronounced in the oil exporting countries of the Gulf Cooperation Council.

  • X removes headlines from news articles shared by users

    The changes brought a good deal of criticism, journalist Tom Warren of The Verge website posting on X: "It's the...

    Elon Musk said the change was for "aesthetic" reasons -- news and other links now appear only as pictures with no accompanying text

    When the changes to links were first mooted in August, Musk posted: "This is coming from me directly. Will greatly improve the esthetics."

  • Israeli forces kill two Palestinian fighters in occupied West Bank

    Tulkarem, Palestinian Territories - Israeli forces killed two Palestinian fighters in the occupied West Bank on Thursday, the Palestinian health ministry...

    Israel's military said a gunfight had erupted after soldiers identified a "suspicious vehicle" near the area's Shufa village

    The incident came after reports that an Israeli vehicle was shot at in the area, according to the army statement

  • Qatar, Iran discuss cooperation in free zones, investment

    DOHA, QATAR -  Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmad bin...

    The Qatari minister and the Advisor to the Iranian President discussed reinforcing cooperation between the two countries.

    The Iranian leader and accompanying delegation toured the Free Zones at Ras Bufontas and Umm Alhoul Free Zone.

  • Turkish strikes on Kurdish targets kill two in Syria: monitor

    Turkey has also launched strikes on positions of the Kurdistan Workers' Party (PKK) in northern Iraq since Sunday, when two...

    One of the strikes on the Kurdish-controlled region of Hasakeh hit a car, killing two people, said the Syrian Observatory for Human Rights

    In another strike, "Turkish drones targeted a factory north of Hasakeh, injuring three workers", said Farhad Shami, the spokesman for the Kurdish-led SDF

  • Largest climate fund seeks new funding for vulnerable

    The Green Climate Fund (GCF) was set up as part of the landmark 2015 Paris Agreement to funnel grants and...

    The Green Climate Fund says Thursday's conference in Germany will allow it to invest more in a decade it sees as critical for climate action

    It has laid out a 50by30 vision to manage $50 billion by 2030, almost triple its current capital of $17bn, to focus efforts on developing countries

  • Keir Starmer, former human rights lawyer, may be Britain’s next prime minister

    Labour heads into its annual conference in Liverpool, northwest England, this weekend enjoying double-digit leads in opinion polls ahead of...

    When Starmer took charge of the party three years ago after the disastrous reign of socialist Jeremy Corbyn, he vowed to unite it and get it back on a path to power

    The 61-year-old has moved the main opposition back to the centre ground, quietened dissent among the left, and rooted out anti-Semitism within its ranks

  • Iraqi Prime Minister to visit Moscow for talks with Russian president

    Baghdad, Iraq - Iraqi Prime Minister Mohammed Shia Al-Sudani is scheduled to embark on a two-day visit to Moscow from...

    Prime Minister Al-Sudani is set to leave Iraq on October 9, with a planned meeting between him and President Putin on October 10

    Iraqi state media previously reported that the trip would serve as an opportunity to strengthen ties and foster collaboration between the two nations

  • Iran condemns Britain for criticism of satellite launch

    Last week, the Islamic republic said it had successfully launched the Noor-3 imaging satellite by its three-stage Qassed rocket, in...

    Britain slammed Iran for what it termed as disregard of international restrictions

    Iran hit back on Wednesday, denouncing the British statement as "interventionist"