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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.
  • Restoration project for Jeddah district’s old buildings completed

    JEDDAH, SAUDI ARABIA – The Ministry of Culture, represented by the Jeddah Historic District Program, has announced the completion of...

    The project comes within the context of the Crown Prince's keenness to preserve and rehabilitate historical sites.

    The project aimed to highlight the heritage landmarks that Jeddah District is abundant in as a site containing over 600 heritage buildings.

  • Turkey’s Erdogan seeks to wrest back Istanbul in mayoral election

    Istanbul, Turkey--Recapturing Istanbul, the "jewel" of Turkey, in Sunday's local elections has become President Recep Tayyip Erdogan's obsession ever since losing...

    In 1994, Erdogan was elected mayor of the city, setting him up to become president of the country, a seat he continues to occupy

    He named former minister Murat Kurum as his mayoral candidate, entrusting him to reconquer Istanbul and consolidate his power

  • ICJ orders Israel to ensure humanitarian aid in Gaza

    The International Court of Justice said in its order that Israel should "take all necessary and effective measures to ensure,...

    The court said that Palestinians in Gaza are no longer facing only a risk of famine, but... famine is setting in

    At the ICJ, South Africa has charged that Israel is perpetrating a genocide in Gaza

  • Russia says ‘evidence’ links Ukraine to Moscow attack

    MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...

    Russian officials alleged the suspects had received "significant amounts of money and cryptocurrency from Ukraine".

    The officials said that said another man "involved in financing the terrorists" had been identified and detained.

  • French parliament condemns 1961 Paris killings of Algerians

    Paris, France - The French parliament's lower house on Thursday approved a resolution condemning as "bloody and murderous repression" the killing...

    Dozens of peaceful demonstrators died during a crackdown by Paris police on a protest by Algerians in 1961

    The bill, put forward by Greens lawmaker Sabrina Sebaihi and ruling Renaissance party MP Julie Delpech, was approved by 67 lawmakers

  • UN ‘disturbed’ as Israeli strikes on health care kills 10 in Lebanon

    "The tragic events of the past 36 hours have resulted in a significant loss of life and injuries in south...

    "Deeply disturbed by the repeated attacks on health facilities and health workers who risk their lives to provide urgent assistance to their local communities," said Imran Riza.

    Hizbollah said four of its fighters and two rescuers were killed in Wednesday's strikes, while its ally the Amal movement said it had lost two members, including a rescuer.

  • US shoots down four Houthi drones in Red Sea

    In November, the Houthis launched a campaign of drone and missile strikes against vessels in the Red Sea, an area...

    US Central Command that its forces had "engaged and destroyed four long-range unmanned aerial systems" at around 2 am Sanaa time adding there were no injuries

    Actions against Houthis are taken to protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels," CENTCOM added

  • Crypto fraudster Bankman-Fried faces sentencing

    Calling Bankman-Fried's seven-count conviction reflective of the defendant's "unmatched greed and hubris," the government's sentencing request argues for significant jail...

    US prosecutors are seeking a prison term of 40-50 years after a jury found Bankman-Fried guilty

    His attorneys depicted their client as a diligent young man motivated by philanthropy

  • Cross-border fire between Hizbollah and Israel leaves 16 dead

    Israeli rescue teams searching a damaged building in the border town of Kiryat Shmona "found a 25-year-old who was unconscious,...

    Hizbollah said it had fired a barrage of rockets into northern Israel after its neighbour carried out a deadly strike on southern Lebanon

    The pro-Iranian movement said four of its fighters and two rescuers were killed, while its ally the Amal movement said it had lost two members

  • Israel backtracks on canceled Rafah talks: US official

    Israel's prime minister cancelled the visit after the US abstained on the UNSC vote, allowing it to pass. But Israel backtracked,...

    Netanyahu last week agreed to a request by Biden to send a team to Washington to hear US concerns

    The United States also insisted its abstention did not represent a shift in policy on Israel