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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.
  • China launches second of three space station modules

    China launched on Sunday the second of three modules needed to complete its new space station, state media reported, the...

    Beijing launched the central module of its space station Tiangong -- which means "heavenly palace" -- in April 2021.

    Almost 18 meters (60 feet) long and weighing 22 tons (48,500 pounds), the new module has three sleeping areas and space for scientific experiments.

  • Russia assures Egypt of providing grains as per order

    Russia's top diplomat reassured Egyptian leaders Sunday that their orders for Russian grain would be met as he began a...

    Foreign Minister Lavrov said that Russian exporters of cereals will fulfil their orders and provide grains to Egypt and other countries

    Lavrov's visit comes hot on the heels of a landmark deal Russia and Ukraine signed on Friday with the United Nations and Turkey

  • Iraq and Kurdistan decide to talk to resolve oil dispute

    The federal government in Baghdad and the autonomous Kurdish region pledged Saturday to "increase dialogue" to ease a simmering oil...

    The announcement came during a rare visit to the Iraqi capital by the Kurdish region's prime minister. Masrour Barzani, who had not visited Baghdad since 2019

    The long-simmering dispute came to a head in February when the federal supreme court ordered Kurdistan to hand over oil extracted from its territories

  • UAE applauds grain export deal between Russia and Ukraine

    The UAE has welcomed the agreement reached between Russia and Ukraine on the export of grain, and has applauded the...

    The Ministry of Foreign Affairs and International Cooperation reaffirmed that the agreement is a positive step that will contribute to enhancing global food security

    The UAE President Sheikh Mohamed bin Zayed Al Nahyan today made a phone call to the President of the Republic of Turkey, Recep Tayyip Erdogan

  • Macron says revival of nuclear deal with Iran ‘still possible’

    French President Emmanuel Macron on Saturday told his Iranian counterpart Ebrahim Raisi that reviving the landmark 2015 deal on Tehran's...

    French leader's telephone call with Raisi comes as negotiations in Vienna between Iran and world powers including the United States have stalled since March

    Macron also "reiterated his deep concern" about four French citizens "arbitrarily held" in Iran during his call with Raisi

  • Iran arrests spies plotting to attack sensitive sites, blames Israel

    Iran's intelligence ministry announced Saturday the arrest of agents linked to Israel's Mossad who entered the Islamic republic to carry...

    The suspects entered Iran from northern Iraq but were arrested before they could carry out their mission, IRNA said, citing a statement from the ministry

    Iran and Israel have been engaged in a years-long shadow war, with the Islamic republic accusing its arch-foe of carrying out sabotage attacks against its nuclear sites

  • WHO highest alert on monkeypox: calls it global health emergency

    The World Health Organization on Saturday declared the monkeypox outbreak, which has affected nearly 17,000 people in 74 countries, to...

    Monkeypox has affected over 16,800 people in 74 countries, according to a tally by the US Centers for Disease Control and Prevention (CDC) published on July 22.

    A surge in monkeypox infections has been reported since early May outside the West and Central African countries where the disease has long been endemic.

  • Iraq to host ‘public’ meeting of Iran, Saudi foreign ministers

    It will be a public meeting, (unlike) previous encounters that were held privately at a low level between intelligence and...

    Since April last year, Iraq has hosted five rounds of talks between Saudi Arabia and Iran.

    Riyadh severed ties with Tehran after Iranian protesters attacked Saudi diplomatic missions in Iran in 2016 following the Saudi execution of Shiite Muslim cleric Nimr al-Nimr.

  • African Union lauds Russia for allowing Kyiv to resume grain export

    Ukraine and Russia and two of the world's largest grain producers.

    Ukraine's farms are major source of grain for world market, particularly in Middle East and Africa.

    Cereal prices in Africa have surged because of the slump in exports due to Russia-Ukraine war.

  • 16 killed in Libya militia clashes since Thursday: Ministry

    The fighting began on Thursday night and extended into Friday afternoon. The clashes were between two armed groups with major...

    Several sources said one group's detention of a fighter belonging to the other had sparked the fighting, which extended to several districts of the capital.

    Mitiga, the capital's sole functioning airport, was closed for several hours on Friday before it reopened late in the day.