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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.
  • Another UN led deal to resolve Libya’s elections dispute fails

    Representatives of the Tripoli-based High Council of State and of the parliament, based in eastern Libya, began meetings in Cairo...

    The presidential and parliamentary elections, originally set for December 2021, were meant to cap a UN-led peace process.

    The voting never took place due to the presence of contentious candidates and deep disagreements over the polls' legal basis.

  • Saudi Arabia Leader

    Saudi Arabia lets citizens visit Turkey as bilateral relations improve

    At the beginning of the pandemic, Saudi Arabia imposed a rule against all foreign travel, and as of last month...

    The move comes two days before Crown Prince Mohammed bin Salman is expected to visit Turkey.

    In May, national flag carrier Saudia resumed flights to Turkey, but citizens were unable to travel there.

  • ‘Autonomous universities offer advantages for Saudi Arabia’

    A publication aims to explore trends and critical factors for future success in an autonomous higher education system in Saudi...

    University leaders in Saudi Arabia will be held accountable for adopting new policies and regulations

    A publication illustrates the issues from supply to demand-led, digital ways of working, age of the learner as a customer.

  • China’s zero-Covid policy leaves a long trail of medical waste

    Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that...

    From Beijing to Shanghai, Shenzhen to Tianjin, cities are now home to an archipelago of temporary testing kiosks

    Mass testing appears set to stay as Chinese authorities insist zero-Covid has allowed the world's most populous nation to avoid Covid spread

  • EU terms blockade of Ukraine grain by Russia ‘real war crime’

    EU foreign policy chief Josep Borrell said Monday that Russia should be held "accountable" if it keeps blocking the export...

    Western countries have demanded Moscow to stop blockading Ukraine's Black Sea ports to allow grain export

    French Foreign Minister insisted that "Russia must stop playing with global hunger" as it seeks leverage on the West

  • UAE-India trade to rise 120% to US$100bn in 5 years

    The agreement is the first of its kind that the UAE has signed with any country, and it is India's...

    The agreement is the first of its kind that the UAE has signed with any country, and it is India's first with any country in the Middle East and the Gulf region

    The UAE’s foreign trade in 2021 recorded nearly AED1.9 trillion, growing 27 percent compared to 2020, and 11 percent compared to 2019

  • Jordan King holds trilateral meeting with Egypt president, Bahrain monarch

    The leaders underscored the need to expand trilateral cooperation across all sectors and to enhance regional security and stability.

    The leaders underscored the need to expand trilateral cooperation across all sectors and to enhance regional security and stability

    They stressed the need to support the Palestinians as they seek their legitimate rights, leading to the establishment of an independent Palestinian state

  • Israel warns citizens to leave Turkey amid threat of Iran attacks

    Israeli Foreign Minister Yair Lapid will visit Turkey next week, his office said Sunday, days after he urged Israelis to...

    Lapid will visit Turkey on Thursday and meet his counterpart Mevlut Cavusoglu, an Israeli foreign ministry statement said

    The stark warning came amid the latest surge in tensions between bitter rivals Iran and Israel, with Tehran blaming the Jewish state for a series of attacks in Iran

  • Russia eyes improved ties with Saudi Arabia, UAE

    Putin and Arab leaders focus on boosting relations in various fields -- including technology, food security and energy -- during...

    Russia President Vladimir Putin and several Arab leaders stress on the importance of strengthening relations

    Relations in various fields -- including technology, food security and energy -- remain in focus during SPIEF 2022

  • Tunisian protesters decry constitutional reform plans, judicial purge

    Hundreds demonstrated on Sunday in Tunisia's capital against a planned referendum on constitutional changes and President Kais Saied's recent firing...

    The new constitution is the centerpiece of reform plans by Saied and is set to go to referendum on July 25, one year after he sacked the government and suspended parliament.

    He has steadily extended his power grab since then, including by dissolving parliament in March.