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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.
  • Gaza’s only power plant closes due to fuel shortage

    Gaza's sole power plant shut down on Saturday after running out of fuel, an electricity company spokesman said, five days...

    The power station has gone without fuel deliveries through Israel since the country shut its goods and people crossings with Gaza on Tuesday.

    In a statement, Gaza's electricity company said the shutdown will affect all public utilities, crucial installations and exacerbate the humanitarian situation

  • UN chief calls for global nuclear disarmament

    It is totally unacceptable for states in possession of nuclear weapons to admit the possibility of a nuclear war, United...

    The UN Secretary-General warned that a new arms race is picking up speed and world leaders are enhancing stockpiles at a cost of hundreds of billions of dollars

    Guterres called the current Review Conference of the Treaty on the Non-Proliferation of Nuclear Weapons in New York a "sign of hope".

  • EU asks for restraint as Gaza violence escalates

    The European Union called for maximum restraint in the Gaza Strip's worst escalation of violence since a war last year....

    Israel hit Gaza with deadly air strikes on Saturday and a Palestinian militant group retaliated with a barrage of rocket fire

    Israel has said it was forced to launch a "pre-emptive" operation, insisting the Palestinian group was planning an imminent attack

  • Turkey to pay for some Russian gas in rubles, says Erdogan

    President Recep Tayyip Erdogan has confirmed that Turkey will start paying for some of its Russian natural gas imports in...

    Neither Erdogan nor Russian officials have said what portion of the gas will be covered by ruble payments

    Russia accounted for about a quarter of Turkey's oil imports and 45 percent of its natural gas last year

  • Egypt works behind-the-scenes to douse Gaza violence

    Egypt has been working behind-the-scenes to bring about de-escalation in the hostilities between Israel and Islamic Jihad in Gaza.

    Egyptian mediation efforts began on Friday when Israel launched attacks on what it described as Islamic Jihad targets

    An Islamic Jihad delegation may travel to Cairo later on Saturday

  • China drills reveal plans for Taiwan blockade: experts

    The visit to Taiwan by US House Speaker Nancy Pelosi -- second in line to the presidency -- sparked outrage...

    It is the first time Chinese exercises have taken place so close to Taiwan, with some of the drills happening less than 20 kilometres from the island's coast

    A "blockade scenario" was long speculated to be one of China's preferred strategies were it to try and conquer the island

  • British delegation and SIRA explore security cooperation

    A British Home Office security delegation has met with the officials from the Security Industry Regulatory Agency (SIRA) to discuss...

    The CEO of SIRA Khalifa Ibrahim Al Saleis received the delegation and the British Embassy officials

    The British delegation paid a visit to the Security Training Affairs Department that develops a variety of latest security training courses

  • Violence breaks out in Tripoli as two Libyan rival groups clash

    Peace eludes Libya two years after a landmark truce ended a ruinous attempt by eastern military chief Khalifa Haftar to...

    According to media reports the fighting, with light and heavy weapons, occurred in the El Jebs district in the city's south

    Although the transitional government had a mandate to lead the country to elections last December, but they never took place due to division over candidates

  • Masdar, TANESCO JV to develop renewable energy projects in Tanzania

    As a first step, the two companies intend to develop solar photovoltaic (PV) and onshore wind projects with a capacity...

    As a first step, the two companies intend to develop solar photovoltaic (PV) and onshore wind projects with a capacity of about 600MW

    The joint venture will further explore the development of projects with a total capacity of at least 2,000MW

  • Tens of thousands pray in show of force by Iraq cleric Sadr

    Sadr, a longtime political and religious force in the oil-rich but war-scarred country, has for months been in a political...

    After the prayers, hundreds returned to the vicinity of parliament, whose air conditioned halls and marble floors they had occupied since last Saturday

    Supporters of Sadr are ready to follow him almost blindly and view him as a champion of the anti-corruption fight.