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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.
  • Taliban and US to discuss release of frozen funds after quake

    The United States and the Taliban plan talks Thursday in Qatar on unlocking some of Afghanistan's reserves following a devastating...

    White House said it is working "urgently" on the effort to release Afghan's frozen funds

    Washington at the time froze $7 billion in reserves and the international community halted billions in direct aid to Afghanistan

  • Jordan king to attend Sun Valley economic forum in US

    The annual forum, which King Abdullah will be attending with Queen Rania Al Abdullah, brings together foreign and US political,...

    The annual forum, which King Abdullah will be attending with Queen Rania Al Abdullah, brings together foreign and US political, economic, and media leaders

    King Abdullah will meet with top executives of major US and international companies to highlight Jordan's recently launched Economic Modernization Vision

  • Metaverse can contribute $4bn to UAE economy

    The Dubai Metaverse Strategy anticipates that 42,000 jobs will be virtualized through the metaverse by 2030 while also improving resident...

    The Dubai Metaverse Strategy, which was recently announced, aims to raise the metaverse sector's contribution to the UAE's economy to $4b by 2030

    Dubai companies like Emirates, Damac and others are already betting big on this world, and many more are expected to join the pack

  • Iran-US talks in Qatar fail to make progress on nuclear deal

    Indirect talks in Qatar's capital between Iran and the US on reviving a 2015 nuclear deal have concluded with "no...

    The negotiations in Doha were an attempt to reboot long-running European Union-mediated talks on a return to the 2015 agreement between Tehran and world powers

    But by Wednesday night, a US State Department spokesperson said the "indirect discussions in Doha have concluded"

  • Israel’s Bennett won’t run in next election as parliament set to dissolve

    Israel's Prime Minister Naftali Bennett said Wednesday he would not stand in upcoming elections, as parliament postponed a vote to...

    Bennett's motley alliance formed with Lapid in June 2021 offered a reprieve from an unprecedented era of political gridlock

    Bennett said the final straw was a failure to renew a measure that ensures the roughly 475,000 Jewish settlers in the occupied West Bank live under Israeli law

  • UAE Minister promotes trade, friendly ties during Florida visit

    UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi concluded a two-day visit to Florida which...

    The UAE minister's trip to Florida builds on recent trips to the UAE by local Florida officials

    He attended several high level business development and networking events and meetings

  • Syria seizes record 2.3 tons of stimulant captagon: Ministry

    With a kilo of captagon estimated to amount to around 6,000 pills, the cumulated number of pills seized tops 14...

    Law enforcement officers had earlier discovered 249 kilos of captagon hidden in steel machinery inside containers ready to leave the Mediterranean port of Latakia.

    The haul would be the largest recorded this year and bring the total of pills seized in the first half of 2022 to more than 145 million a across the region.

  • WHO backs Qatar to manage Covid risks well at World Cup

    The WHO voiced confidence Tuesday that hosts Qatar would successfully manage the Covid-19 risks at the 2022 football World Cup.

    Two million tickets will be sold in total, with another one million reserved for sponsors and the sport's global governing body FIFA

    The Qatari capital Doha, with a population of about 2.4 million, is bracing itself for the huge influx of visitors

  • UAE presents national report on spent nuclear fuel to IAEA

    The United Arab Emirates has presented its Fourth National Report on spent nuclear fuel, radioactive waste management at the International...

    The national report describes the legislative and regulatory measures taken by the UAE to meet its obligations

    The report also addresses options in regards to spent fuel and radioactive waste management

  • Turkey seeks extradition of ‘terror suspects’ from Finland, Sweden

    Turkey said Wednesday it would seek the extradition of 33 "terror" suspects from Sweden and Finland under a deal that...

    Erdogan lifted his opposition to Sweden and Finland joining NATO after crunch talks ahead of Wednesday's NATO summit, in return for written security guarantees

    Turkey has hailed the agreement, saying Ankara had "got what it wanted"