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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.
  • Tunisia publishes draft constitution ahead of July vote

    Tunisia on Thursday published the draft of a new constitution giving vastly more powers to the president, a text set...

    The constitution provides for a presidential system in a split from the mixed presidential-parliamentary system under the country's 2014 constitution

    The president would be the head of the armed forces and be charged with naming judges, who would be banned from striking

  • China, Russia far from ousting US power in GCC: Vision 3 Chairman Khaled Janahi

    Are China and Russia taking over the US power in the Gulf Cooperation Council region? Khaled Janahi, chairman of Vision...

    Khaled Janahi, chairman of Vision 3, was speaking to TRENDS on the sidelines of TOP CEO Conference and Awards.

    He said China has come a long way from the perspective of economy and technological advancement .

  • Iran remains hopeful of nuclear deal with major powers

    The US, meanwhile, says it is "disappointed" that there is "no progress made" after two days of indirect talks with...

    Iranian Foreign Minister Hossein Amir-Abdollahian says he believes the talks had been "positive" and a deal could still be reached

    The US, meanwhile, says it is "disappointed" that there is "no progress made" in talks with Iran brokered by an EU envoy in Doha

  • Nuke deal revival still possible despite fruitless Qatar talks: Iran

    The talks aim to bring the United States back into a 2015 deal jettisoned by the Donald Trump administration in...

    US said the EU-brokered proximity talks in the Qatari capital Doha had concluded late Wednesday with "no progress made".

    Iranian Foreign Minister Hossein Amir-Abdollahian said he believed the talks had been "positive" and a deal could still be reached.

  • UAE, South Korea ink pact to support entrepreneurs, SMEs

    The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs. During...

    The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs

    During the 11-month program, the two sides will discuss and cooperate in entrepreneurship and SME development

  • Israel to hold fifth election in four years as Parliament dissolved

    The coalition government came apart last week after some Arab lawmakers refused to renew a measure that ensures the roughly...

    The newly called election set for November 1 marks another sign that Israel remains mired in an unprecedented era of political gridlock.

    The November vote will in part be a contest between Netanyahu and Lapid, a former TV news anchor and celebrity who has surprised many.

  • Europe’s Syria phosphate imports profiting Russian firm: Report

    Syrian phosphates used for fertilizer are being exported to Europe in bulk, benefitting a Russian firm and the sanctions-hit Damascus...

    Italy, Bulgaria, Spain and Poland are among the EU states receiving Syrian phosphates.

    International sanctions do not ban the import of Syrian phosphates but key Russian and Syrian players involved in the trade are sanctioned by the US or Europe.

  • ‘Effective steps needed to tackle situation due to Ukraine crisis’

    Jordan's Minister of Foreign Affairs and Expatriates has called for concrete and effective steps to address the effects of the...

    Jordan's foreign minister calls for concrete steps to deal with the effects of Ukraine crisis on food security, energy prices and supply chains

    The minister reviews the Kingdom's relations with NATO and Jordan's role in the 'Mediterranean Dialogue' group since 1995

  • Relief and concern in Sweden after NATO deal with Turkey

    The agreement, which ends Ankara's veto of their membership bids, was signed by Finland, Sweden and Turkey in front of...

    The agreement, which ends Ankara's veto of their membership bids, was signed by Finland, Sweden and Turkey in front of news cameras

    Both Stockholm and Helsinki also confirmed they considered the PKK a terrorist organization and agreed they would "not provide support to" its allies in Syria

  • Expanding NATO squares up to Russia as Putin slams ‘imperial’ alliance

    The United States vowed to reinforce Europe's defences in the wake of Russia's invasion of Ukraine, as NATO declared Moscow...

    Putin accused the alliance of seeking to assert its "supremacy", saying Ukraine and its people are "a means" for NATO to "defend their own interests."

    NATO leaders have funnelled billions of dollars of arms to Ukraine and faced a renewed appeal from President Zelensky for more long-range artillery