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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.
  • How Saudis receive US presidents: A hug for Biden?

    King Abdullah greeted Bush warmly at the airport in May 2008, showing no signs of the tensions that had roiled...

    King Abdullah greeted Bush warmly at the airport in May 2008, showing no signs of the tensions that had roiled their 2002 meeting at Bush's Texas ranch

    When Trump came, Saudi rulers lavished the his family with gifts, a sword dance and a fly-past of air force jets

  • Do signs point to an Israel-Saudi normalisation deal?

    Despite the recent signs of a US-Saudi rapprochement, analysts say it is improbable Riyadh will agree to diplomatic ties with...

    Despite the recent signs of a US-Saudi rapprochement, analysts say it is improbable Riyadh will agree to diplomatic ties with Israel

    The king's official policy is that there should be no peace with Israel until it withdraws from occupied territories and accepts Palestinian statehood

  • Biden holds joint investment talks with UAE, Israel and India

    US President Joe Biden held joint investment talks Thursday with Israel, India and the United Arab Emirates, as Washington seeks...

    The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president.

    During the summit the UAE announced it would invest 2 million euros (dollars) in agricultural projects in India.

  • US pledges to stop Iran from making nuclear weapons

    The US will use "all elements of its national power" to stop Iran from acquiring nuclear weapons, President Joe Biden...

    The United States "is prepared to use all elements of its national power to ensure that outcome", said US President Joe Biden.

    Israel Prime Minister Lapid has said that countering Iran would be the "foremost" issue during bilateral talks.

  • ADFD, ADEX to give US$92m loan for Bahrain water supply project

    Abu Dhabi Fund for Development and the Abu Dhabi Exports Office signed two loan agreements with the Electricity and Water...

    AED will provide US$ 41mn to the Electricity and Water Authority in Bahrain to finance a water supply network project

    ADEX will provide US$ 51 million for the project which aims to enhance the capacity of the water transmission networks

  • Libya’s state oil company chief resists move to replace him

    Libya's Tripoli-based government has named a new head of the state oil company to replace veteran technocrat Mustafa Sanalla, who...

    Farhat Bengdara and four others will from now on make up the "board of directors of the National Oil Corporation".

    Mustafa Sanallla has led the National Oil Corporation since 2014,. The Corporation has largely managed to remain neutral in the face of political wrangling.

  • Jordan, Greece discuss cooperation in construction, energy, agriculture

    The two sides signed several agreements to implement double taxation and the Cultural and Technical Cooperation Program 2022-2025.

    The two sides signed several agreements to implement double taxation and the Cultural and Technical Cooperation Program 2022-2025

    They decided to work for increased cooperation in the economy and commerce, as well as higher education, transportation, energy and agriculture

  • Saudi-Israel normalization still long way off

    Israeli journalist Yoav Limor's freindly experience in Saudi hints at changes in Saudi public opinion that officials hope could one...

    There is little chance of Riyadh shifting its focus to ties with Israel "while ignoring the Palestinian issue", Harvard University fellow said

    Israeli praised Mohammed al-Issa, a Saudi cleric who travelled to Poland in 2020 for events marking 75 years since liberation of the Nazi death camp Auschwitz

  • Russia and Ukraine near grain deal in first talks since March

    Russia and Ukraine on Wednesday made substantive progress in their first direct talks since March on a deal to relieve...

    Ukraine is a vital exporter of wheat and grains such as barley and maize, and has supplied nearly half of all the sunflower oil traded on global markets

    UN Secretary-General Antonio Guterres said the talks had provided a "ray of hope to ease human suffering and alleviate hunger around the world"

  • Melilla migrants likely died of ‘suffocation’: Moroccan probe

    At least 23 migrants who died last month in a mass attempt to enter the Spanish enclave of Melilla from...

    The United Nations, the African Union and independent rights groups have denounced the use of excessive force by Moroccan and Spanish security personnel

    The CNDH defended Moroccan forces' actions, saying such cases were "isolated" and citing the danger posed by "the large number of migrants" carrying sticks and stones