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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.
  • French business ties build on Saudi mega projects

    Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in...

    Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in achieving the goals set under Vision 2030

    Saudi Arabia is a new El Dorado for business with projects such as Neom, Al Ula, Read Sea and others, says Bertrand Besancenot, former French ambassador in Riyadh

  • Islamic Jihad militant among 15 killed in Israel strike on Gaza

    Gaza's health ministry reported "a five-year-old girl, targeted by the Israeli occupation" was among nine people killed. A further 55...

    The Israeli army said the bombardment was part of an operation "against targets in the Palestinian Islamic Jihad" group.

    Flames poured out of a building in Gaza City following the air strikes, while wounded Palestinians were evacuated by medics.

  • Iraq confirms Turkey’s intention to enhance water release

    Iraq's Ministry of Water Resources said Ankara's intends to increase the quantum of water to be released to the Tigris...

    Iraq's Ministry of Water Resources said that Turkey will increase the quantum of water to be released in the Tigris River

    The ministry said that a Turkish delegation will visit Iraq to look into the water reserves and construction of dams

  • Three more grain ships leave Ukraine: Turkey

    Moscow and Kyiv agreed in Istanbul last month to resume shipments of wheat and other grain from Ukrainian ports for...

    Moscow and Kyiv agreed in Istanbul last month to resume shipments of wheat and other grain from Ukrainian ports for the first time since Russia invaded its neighbor in February

    The ship's passage is being overseen by an international team that includes officials from Turkey, the UN and the two warring parties

  • What is Iraqi cleric Sadr’s latest political endgame?

    Nomination of former cabinet minister Mohammed Shia al-Sudani as prime minister angered the Sadrists and triggered their occupation of parliament.

    Nomination of former cabinet minister Mohammed Shia al-Sudani as prime minister angered the Sadrists and triggered their occupation of parliament

    In multi-confessional and multi-ethnic Iraq, government formation has involved complex negotiations since a 2003 US-led invasion toppled dictator Saddam Hussein

  • Syrian ship accused of carrying stolen Ukranian grain leaves Lebanon

    The Laodicea, which was docked in the northern port of Tripoli, was cleared to leave after investigations failed to prove...

    Kyiv's embassy in Lebanon had claimed that the grain cargo was loaded from a region occupied by Russian forces

    Ukraine has repeatedly accused Moscow's forces of ransacking its grain warehouses since Russia invaded the country in late February

  • Iran says sending team to resume nuclear talks in Vienna

    Negotiations in Vienna began in April 2021 to restore the deal, but have stalled for the past five months amid...

    Iran foreign ministry statement said that Iran hoped the opposing parties will seriously focus on resolving the remaining issues

    Earlier, coordinator of the nuclear talks between Iran and world powers, Josep Borrell submitted a new draft text and urged all sides to accept it

  • Anger, anguish as Lebanon marks two years since Beirut mega-blast

    The 2020 disaster, one of history's biggest non-nuclear explosions, killed more than 200 people and decimated vast areas of the...

    The 2020 disaster, one of history's biggest non-nuclear explosions, killed more than 200 people and decimated vast areas of the capital

    UN experts and groups including Amnesty International and Human Rights Watch have again appealed to the United Nations to send a fact-finding mission

  • Israel’s border closure could shut Gaza’s only power station

    The Israeli military has also imposed restrictions of movement on Israeli communities adjacent to the Gaza Strip.

    Israeli authorities shut goods and people crossings along its frontier with Gaza on Tuesday.

    Shutdown halted deliveries through Israel of diesel, needed to fuel Gaza's sole power plant.

  • Ethiopian delegation visits Dubai to explore digital services

    An Ethiopian delegation of 10 members, comprising decision-makers from the public and private sector, visited Dubai Chambers between July 25-...

    The delegates sought to review Dubai’s success in digital services, and discuss creating potential business partnerships

    The visit included signing deals supporting the Digital Ethiopia 2025 strategy, and exchanging knowledge and expertise.