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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.
  • Diplomats seek deal to keep critical Syria aid flowing

    Diplomats at the United Nations held last-ditch discussions on extending Syrian cross-border aid Sunday, as residents of the country's rebel-held...

    The lack of an agreement threatens to upend assistance to more than two million people

    Russia on Friday vetoed a Security Council resolution that would have prolonged the mechanism by one year

  • Fear of global slowdown worries Gulf economies

    The global economic stagnation is expected to impact the GCC growth due to the decline in industrial and economic activities...

    Economic stagnation has been a concern in many countries worldwide, especially in the Gulf states

    Economic stagnation is a concern in light of the growing inflation, rise in interest rates and disruption in supply chains

  • ‘Faceless killer’: Syria landmines keep sowing death

    Since 2015, landmines and other explosive remnants have on average killed or injured five people every day, according to UN...

    Since 2015, landmines and other explosive remnants have on average killed or injured five people every day, according to UN data

    Remnants of explosives laid by all sides in the 11-year-old conflict are now claiming more lives in Syria than anywhere else in the world, says the United Nations

  • Kuwait asks its citizens to leave turmoil-hit Sri Lanka at the earliest

    Kuwait's Foreign Ministry has called on nationals who are currently in Sri Lanka to keep away from protest areas, heed...

    Kuwait also advised nationals who are planning to travel to Sri Lanka to postpone their trips.

    It encouraged Kuwaitis in Sri Lanka to call the embassy or the ministry if they seek any help.

  • Iran reports new technical advances at nuclear plant: IAEA

    The UN watchdog's director-general Rafael Mariano Grossi said the changes at the plant under mountains south of the Iranian capital...

    IAEA said Tehran had started "feeding... a cascade of... centrifuges" at the Fordow fuel enrichment plant which has recently been upgraded.

    In January 2021, Iran said it was working to enrich uranium to 20 percent at Fordow, well beyond the 3.67 percent agreed under the 2015 deal.

  • UAE court commutes Israeli’s death sentence to life, says lawyer

    A United Arab Emirates court has commuted the death sentence of an Israeli woman convicted of drug possession to life...

    A 43-year-old Arab Israeli photographer, Fidaa Kiwan, was arrested in Dubai in 2021

    She was sentenced to death in April for possession of 50 grams of cocaine and half a kilogram of marijuana

  • What led to Sri Lanka’s economic ruin and what lies in store?

    Under the rule of the Rajapaksa clan, Sri Lanka moved closer to China and borrowed billions of dollars for vanity...

    Even with help from India and others, in April the country defaulted on its $51-billion foreign debt pile.

    Unofficial inflation rates are second only to those of Zimbabwe, making many goods -- if they can be found -- too expensive for many people to afford.

  • Troubled waters: Iraqi spa reborn after IS massacres

    Located 30km south of Mosul, Hamam al-Alil , meaning the baths of the sick in Arabic, built a solid reputation...

    The spa and surrounding village, which shares the same name, is now also known for massacres committed by IS during its occupation of the area.

    After the defeat of IS in 2017, the baths remained popular although the building had fallen into disrepair, with chipped tiles and broken windows.

  • Nothing should hold Arab women back: Suzy Kanoo

    Not only Arab women but all women should not be fettered by anything in pursuit of their goals, the Bahrainian...

    Kanoo is CEO and President of the  Khalil bin Ebrahim Kanoo Company and International Motor Trading Agency in Bahrain.

    She is the author of ‘Hear Us Speak’, which encouraged many women to tell their stories.

  • Iran arrests two film directors for ‘inciting unrest’

    Iranian authorities have arrested two film directors for "inciting unrest" following a deadly building collapse in the country's southwest in May,...

    Award-winning filmmaker Mohammad Rasoulof and his colleague Mostafa Aleahmad were arrested over events relating to the building collapse, which sparked angry protests

    Organizers of the Berlin film festival on Saturday protested against the directors' arrests and called for their release