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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.
  • Russia FM in Iran for talks on boosting cooperation

    Russian Foreign Minister Sergei Lavrov arrived in Iran on Wednesday for talks on boosting trade and energy cooperation as the...

    During his two-day visit, Russia's top diplomat is expected to discuss with Iranian officials the 2015 "nuclear deal, the situations in Ukraine, Syria and Afghanistan

    Lavrov will meet with his Iranian counterpart Hossein Amir-Abdollahian on Thursday, official news agency IRNA said

  • No rift with Arab govts over Abu Akleh’s death: Israel

    Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign...

    Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign ministry director for Middle East affairs, tells TRENDS

    The Israeli army cannot be trusted to investigate itself, says Dror Sadot, spokeswoman for the Israeli human rights group B'tselem

  • International coalition of journalists demands Assange release from UK jail

    An international coalition of journalists, editors and publishers demanded Wednesday that WikiLeaks founder Julian Assange be immediately released from a...

    Fifteen representatives of international journalist and publishers' unions and organisations gathered in Geneva for the "call to free Julian Assange in the name of press freedom".

    Assange's long-running legal saga began in 2010 after WikiLeaks published more than 500,000 classified US documents about the wars in Iraq and Afghanistan.

  • More than 100 killed in Afghanistan earthquake

    Afghanistan is frequently hit by earthquakes especially in the Hindu Kush mountain range, which lies near the junction of the...

    In Paktika province of Afghanistan, local markets are closed as people have rushed to help earthquake affected areas

    Photographs and video clips posted on social media showed badly damaged mud houses due to the 5.9 magnitude quack that struck Afghanistan last night

  • US pledges support as Israel heads to elect new PM

    Blinken, in a telephone call to Foreign Minister Yair Lapid, who will become caretaker prime minister confirmed that President Joe...

    Blinken, in a telephone call to Foreign Minister Yair Lapid, who will become caretaker prime minister confirmed that President Joe Biden still plans to visit Israel next month

    The coalition government led by the right-wing Naftali Bennett and centrist Lapid had sought to tone down and depoliticize Israel's relations with the United States

  • Egypt calls for reality check in UN climate talks

    Egypt hopes to jump-start the action needed to face a warming world when it takes the presidency of major UN...

    The challenge of maintaining international momentum on climate change has been made even harder as the world faces a catalog of challenges, with Russia's invasion of Ukraine

    Ambassador Mohamed Nasr said that while Egypt's presidency of the conference would have "African flavor and African vision", it would remain resolutely international in focus

  • Tunisia appeals to IMF to be aware of social impact of reforms

    Tunisian President Kais Saied on Tuesday urged the International Monetary Fund to take into account the social impact of any...

    Tunisia has been in preliminary discussions with the global lender for a new loan to save an economy ravaged by years of high unemployment and inflation

    Tunisian President and IMF regional chief have discussed the "aspects of cooperation and liaison between the IMF and the Tunisian government"

  • Israel’s ‘change’ govt brought down by Palestinian conflict

    It was the flashpoint issue of Israel's occupation of West Bank that eventually ended the unlikely coalition which, already weakened...

    It was the flashpoint issue of Israel's occupation of West Bank that eventually ended the unlikely coalition which, already weakened by defections

    The bone of contention was a law that forces Palestinians in West Bank to live under the rules of military occupation

  • Saudi crown prince, Jordan king meet amid thaw in ties

    Saudi Crown Prince Mohammed bin Salman met with Jordan's King Abdullah in Amman on Tuesday to discuss regional and international...

    The tour of the Saudi Crown Prince acquires special significance as it comes before a planned Arab-American summit in July which Saudi Arabia will host

    The visit to Jordan comes at a time when Jordan's economy is struggling with the economic knock-on effects of the Ukraine war

  • Crown Prince’s visit: Egyptian, Saudi firms sign deals worth $7.7 bn

    The accords were related to "infrastructure, logistical services, port management, agri-foods, the pharmaceutical industry, fossil fuels and renewable energy, and...

    Trade between Egypt and the kingdom leapt more than 62 percent last year compared with 2020, reaching $9.1 billion, according to official Egyptian figures.

    Egyptians working in Saudi Arabia are an important source of foreign currency, with transfers worth more than $11 billion in the 2020-2021 financial year.