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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.
  • Saudi crown prince to visit Turkey on June 22: Turkish official

    Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details...

    Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca

    According to the Turkish official, other details related to Saudi crown prince visit will be announced "over the weekend"

  • Biden visit a shot in the arm for Saudi crown prince

    As Saudi Arabia's Crown Prince Mohammed bin Salman prepares to mark five years as de facto leader, he is finally...

    Following the visits by Emmanuel Macron, Boris Johnson, and Erdogan, the planned meeting with Biden is a major validation of the Crown Prince

    Perhaps the most significant element of Prince Mohammed's Vision 2030 reform agenda is his bid to remake an economy long dependent on oil

  • Israel ‘concerned’ over Iran airlines ‘activities’ in LatAm

    The Boeing 747 cargo plane, reportedly carrying car parts, has been held at an Argentine airport since Wednesday last week.

    The Boeing 747 cargo plane, reportedly carrying car parts, has been held at an Argentine airport since Wednesday last week

    On Monday, Argentine officials raised suspicions of a link between the flight and Iran's Revolutionary Guards, listed as a "terrorist organization" by the US

  • Egypt, European Union review cooperation on climate and energy challenges

    Egypt and the European Union have reviewed and discussed enhanced cooperation on climate, energy and industrial transformation challenges ahead of...

    A joint statement was issued by EU and Egypt following a meeting between European Commission President Ursula von der Leyen and Egyptian President Abdel Fattah El Sisi.

    The cooperation will have a particular focus on renewable energy sources, hydrogen, and energy efficiency.

  • Ministers wrangle through night to salvage WTO deals

    Ministers were frantically haggling through the night into Thursday at the World Trade Organization in a bid to salvage deals...

    The global trade body'S members added on an extra fifth day of talks to try to break the deadlock gripping the WTO headquarters in Geneva

    Ministers at WTO meeting are also discussing the possibility of imposing a temporary waiver on Covid-19 vaccine patents

  • Venezuela President talks cooperation with Qatar emir

    Venezuela's President Nicolas Maduro met Wednesday with Qatar's Emir Tamim bin Hamad Al-Thani in the gas-rich Gulf nation, his fifth...

    The talks focused in particular on "energy, the economy, investment, agriculture and tourism."

    Maduro visited Iran at the weekend where he signed a 20-year cooperation agreement with the Islamic republic

  • UN chief says women ‘essential’ to peace talks in global conflicts

    In many areas, men in power have actively worked to exclude women, said Guterres, citing Afghanistan, where "nearly 20 million...

    According to Guterres, less female representation in peace negotiation from Ukraine to Afghanistan shows that "patriarchy is failing us"

    He underlined the impact of what he termed "the recent shift away from inclusive politics," saying it "shows once again that misogyny and authoritarianism are mutually reinforcing

  • Turkey to host meeting with UN, Russia, Ukraine for export of grains

    Turkey is ready to host a four-way meeting with the United Nations, Russia, and Ukraine to organize the export of...

    Millions of tons of wheat are currently stuck in Ukrainian ports, either blockaded or occupied by Russian forces, and vessels face the danger of mines

    The UN Secretary-General's spokesman Stephane Dujarric said Ankara had an important role in resolving the situation which has raised the prospect of worldwide food shortages

  • Tunisia union demands salary hike on nationwide strike

    Up to three million workers could observe the strike, shuttering 159 state agencies and public companies and bringing public transport,...

    Up to 3 million workers could observe the strike, shuttering 159 state agencies, public companies and bringing public transport to a halt

    In a statement on Wednesday, the UGTT union said workers would hold this strike to defend their economic and social rights

  • Jordan king discusses food security with European Commission president

    The meeting covered regional and international developments, especially the Palestinian cause.

    The meeting covered regional and international developments, especially the Palestinian cause

    The meeting also discussed integrating efforts to counter food security, environment challenges