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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.
  • Iran orders complete shutdown as sandstorm hits Tehran

    In April, Tehran's Air Quality Control Society said dust clouds originated from "countries to the west of Iran".

    While the region has always been battered by sandstorms, dust clouds have become more frequent and intense in recent years.

    The trend is linked to climate change and associated with overgrazing and deforestation, as well as the overuse of river water.

  • CEPA with India, Israel, Indonesia to help UAE economic growth

    The comprehensive economic partnership agreements (CEPA) signed by the UAE with India, Israel and Indonesia this year will help the...

    Comprehensive economic partnership agreements to help UAE's economy's growth by 2.6 percent by 2030

    The UAE is holding talks with several other countries for signing similar agreements

  • Israeli fire likely killed Abu Akleh but it may not be intentional: US

    Palestinians reject the findings. A senior Palestinian Authority official said "we will not allow attempts to conceal the truth or...

    Ballistic experts determined the bullet was badly damaged, which prevented a clear conclusion, said State Department spokesman Ned Price.

    A New York Times investigation found that the bullet was fired from near the location of an Israeli military convoy, likely by a soldier from an elite unit.

  • Libya protests planned over power cuts, political deadlock

    Libyans angered by rising prices, chronic power cuts and political deadlock planned further demonstrations Monday after a night of angry...

    Masked youths set alight car tires and blocked roads including a major coastal highway between central Tripoli and its western suburbs, but security forces did not intervene.

    Public anger has been fueled by power cuts that often last 18 hours amid soaring summer temperatures, despite Libya sitting on Africa's largest oil reserves.

  • ‘Displaced in Iraq to return to their homes by end of 2023’

    The UNDP confirmed the implementation of 3,800 projects in five liberated Iraqi governorates and said that it is helping five...

    The UNDP said five million internally displaced persons in Iraq will be sent back to their areas

    The organization said 3,800 projects are being implemented in five liberated Iraqi governorates

  • Bezos flays US President for call to lower gasoline prices

    Amazon founder Jeff Bezos has criticized President Joe Biden for calling on oil companies to lower sky-high gasoline prices, prompting...

    Soaring gasoline prices in US are sapping Biden's approval rating ahead of legislative elections

    White House Press Secretary said on Sunday that oil prices have dropped about $15 a barrel over the past month

  • Weathering sandstorms, Iraqis grit teeth and battle on

    Another sandstorm has darkened Iraqi skies and it's hard to breathe, but Baghdad motorcycle delivery rider Milad Mitti doesn't have...

    Iraq, still recovering from decades of war, is now facing new environment challenges on an unprecedented scale

    Most Iraqis never bothered with face masks when the Covid pandemic was in full swing, but they do now

  • Israel to examine bullet that killed Al Jazeera journalist

    Israel is to conduct a ballistics test on the bullet that killed Al Jazeera journalist Shireen Abu Akleh, the Israeli...

    Army spokesman Ran Kochav's comment on army radio came after the PA gave the green light for the Americans, but not the Israelis, to examine the bullet

    Investigations by the UN, as well as several journalistic probes, have found that the shot that killed Abu Akleh was fired by Israeli forces

  • A million pilgrims arrive in Mecca for Hajj, first since pandemic

    White-robed worshippers from across the world have packed the streets of Mecca as Islam's holiest city prepares to host the...

    At least 650,000 overseas pilgrims have arrived so far in Saudi Arabia, the authorities said Sunday

    One million vaccinated pilgrims under the age of 65 will attend the hajj under strict sanitary conditions

  • Charter can lead to a dictatorship: Tunisian jurist

    The Tunisian jurist who oversaw the drafting of a new constitution submitted to President Kais Saied said Sunday it has...

    In July last year, Saied orchestrated a dramatic power grab, which many have denounced as a coup, sacking the government and freezing parliament

    Saied has since his initial power grab moved to rule by decree and extended his powers over the judiciary and the electoral board