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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.
  • Joe Biden to ‘strengthen a strategic partnership’ with Saudi Arabia

    US President Joe Biden said Saturday he aims to "strengthen a strategic partnership" with Saudi Arabia during a visit there...

    The White House confirmed earlier this week that he will meet MBS as part of that larger delegation during the trip

    Biden will also visit Israel and the West Bank during his July 13-16 trip, which he wrote will "start a new and more promising chapter of America's engagement" in the Middle East

  • Regional projects vital for future, says Jordan’s King Abdullah

    King Abdullah spoke about Jordan's Economic Modernization Vision for the next decade which seeks to sustain recovery the COVID-19 pandemic....

    King Abdullah spoke about Jordan's Economic Modernization Vision for the next decade which seeks to sustain recovery from the COVID pandemic.

    The vision plans for the coming years by capitalizing on opportunities in the Kingdom, especially amid the impact of the Ukrainian crisis.

  • Bashar al-Assad arrives in Aleppo, first visit in 11 years

    Syria's President Bashar al-Assad on Friday visited the former rebel bastion of Aleppo, including its historic Old City, for the...

    The visit to Syria's second city and previously the economic capital is highly symbolic as Assad's 2016 victory there was a turning point in the war

    The Syrian government does not have authority over all of Aleppo province, with areas on the Turkish border still controlled by Ankara-backed groups and the Kurdish Syrian Democrat

  • EU, Morocco to step up anti-smuggling ties after migrant deaths

    At a meeting Friday in Rabat, the EU and Morocco "agreed to renew their partnership in order to work together...

    At a meeting Friday in Rabat, the EU and Morocco "agreed to renew their partnership in order to work together to tackle human smuggling networks

    The June 24 tragedy provoked international indignation, including an unusually strong response from the United Nations

  • Tunisia President amends constitution to ward off criticism

    Tunisian President Kais Saied published an amended version of a draft constitution in an attempt to ward off criticism after...

    The new constitution, which will be put to a referendum this month, is the centerpiece of Saied's plan to remake the North African country's political system

    Changes have been made to an article that stated Tunisia "is part of the Islamic community" and that "the State must work to achieve the objectives of Islam"

  • Russia vetoes UN push to renew cross-border aid to Syria

    Russia on Friday vetoed a UN Security Council resolution that would have extended cross-border aid to Syria by one year...

    The aid is a lifeline for more than 2.4 million people in the northwestern Idlib region of Syria

    British ambassador Barbara Woodward said Moscow veto will have a tragic impact.

  • Blinken meets China FM, seeks ‘constructive’ talks

    US Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi voiced hopes of working together as they opened...

    Wang said that President Xi Jinping believed in cooperation as well as "mutual respect" between the world's two largest economic powers

    The meeting between the two, who were on the palm-fringed island for Group of 20 talks, is their first since October

  • Growth in focus as UAE signs CEPAs with key nations

    Since February this year, the Gulf country has inked Comprehensive Economic Partnership Agreements with India, Indonesia and Israel. Trade deal...

    Since February this year, the Gulf country has inked Comprehensive Economic Partnership Agreements with India, Indonesia and Israel.

    This month, the country will sign its fourth CEPA with Colombia and is in negotiations with Turkey and several African and East Asian countries

  • Billions rely on wild species for food, fuel, income: UN

    Overall, 50,000 species are used for food, energy, medicine, material and other purposes around the world, with more than 10,000...

    Wild plants, algae and fungi provide food and income for one in five people globally, the report said, while some 2.4 billion people rely on wood for cooking.

    Illicit trade in wild species is estimated to be worth between $69 billion and $199 billion a year, the third largest illegal market after human trafficking and drugs.

  • UAE takes part in G20 Foreign Ministers’ meeting in Indonesia

    UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan takes part in the G20 Foreign...

    The G20 foreign ministers meeting is keen to tackle global challenges to achieve stability and prosperity

    Such meetings help in promoting international cooperation to achieve sustainable development goals