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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.
  • World food prices fell in June but remain very high: FAO

    World food prices, including for wheat, fell in June for a third month running despite remaining near an all-time high,...

    Export flow disruptions resulting from Russia's invasion of Ukraine on February 24 and international sanctions on Moscow have sparked fears of a global hunger crisis.

    After a record spike in March due to the war, the FAO food price index -- a measure of the monthly change in international prices of a basket of food commodities -- fell 2.3%.

  • Asian stocks up as recession fears ease, yen rises after Abe shooting

    The safe-haven yen also picked up following news of Japan's former prime minister Shinzo Abe being shot during a campaign...

    The safe-haven yen also picked up following news of Japan's former prime minister Shinzo Abe being shot during a campaign rally

    Equities were also boosted by reports that Beijing was considering a huge stimulus push to the struggling economy

  • German lawmakers recognize the 2014 Yazidi ‘genocide’

    Germany, home to a large Yazidi diaspora, is one of the few countries to have taken legal action against IS.

    Germany, home to a large Yazidi diaspora, is one of the few countries to have taken legal action against IS

    Last November, a German court convicted an Iraqi of genocide against the Yazidi minority, a first in the world

  • Major Tunisia party urges boycott of constitution vote

    Tunisia's Ennahdha party urged its supporters on Thursday to boycott a July 25 referendum on President Kais Saied's new constitution,...

    The constitution, the centerpiece of Saied's drive to remake the Tunisian political system, sparked instant criticism for the nearly unlimited power it gives the president

    The legal expert who headed a committee to draw up the new charter said the final text published by Saied had nothing to do with the text they drafted

  • Former Japan PM Shinzo Abe assassinated by gunman

    The murder of the 67-year-old, who had been Japan's longest-serving leader, stunned the nation and prompted an international outpouring of...

    A doctor said Abe had suffered two gunshot wounds to the neck and died of massive blood loss, despite being administered enormous transfusions.

    The assassin has been identified as 41-year-old Tetsuya Yamagami, with many media outlets describing him as a former member of the Maritime Self-Defense Force, the country's navy.

  • Rare Abbas meeting with Gantz ahead of Biden visit to region

    Israeli Defence Minister Benny Gantz and Palestinian president Mahmud Abbas held talks in Ramallah to prepare for US President Joe...

    Abbas and Gantz, a former army chief of staff who heads the centrist Blue and White party, earlier met in December in Israel

    Biden is due to visit Israel and the occupied West Bank from July 13 to 15, and will hold talks with new Israeli Prime Minister Lapid and Abbas

  • Biden to meet Saudi Crown Prince during his visit next week: White House

    Biden is expected to press for increased Saudi oil production in the hope of taming spiraling fuel costs and inflation...

    Biden is expected to press for increased Saudi oil production in the hope of taming spiraling fuel costs and inflation at home

    The White House emphasized Biden will address "greater collaboration" in the Middle East region on issues such as air defense

  • European Union warns of worst Palestinian displacement in ‘decades’

    An EU envoy warned Thursday over the possible mass displacement of Palestinians from a West Bank area at the centre...

    About 27 buildings have been demolished in Masafer Yatta in West Bank, where Israeli SC ruled that its 1,000 residents 'failed to prove" their claim of permanent residents.

    In the early 1980s the army declared the 3,000-hectare (30 square kilometre) territory a restricted military area and claimed it was uninhabited.

  • Boris Johnson steps down as Conservative Party leader

    Johnson announced that he would step down after a slew of resignations from his top team in protest at his...

    The leadership election will take place over the summer and the victor will replace Johnson by the party's annual conference in early October, the BBC and others reported.

    Defence minister Ben Wallace and Rishi Sunak, whose departure as finance minister on Tuesday sparked the exodus, were among the early frontrunners to succeed Johnson.

  • Arab parliament welcomes Yemen truce during Eid

    The pan-Arab legislature expressed its hope that the humanitarian truce would contribute to ending the war.

    The pan-Arab legislature expressed its hope that the humanitarian truce would contribute to ending the war

    The Arab Parliament urged Yemeni parties to commit to stopping all military operations and abiding by the Saudi initiative announced in March 2021