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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.
  • Climate talks in Bonn to reignite momentum to tackle warming

    Negotiators from almost 200 countries will meet in Bonn Monday for climate talks tasked with reigniting momentum on tackling global...

    The conference of 200 countries in Bonn will set the stage for a fresh round of major UN talks later this year in Egypt

    UN chief has warned that Russia's invasion of Ukraine risked slowing action to combat the climate crisis

  • Western powers to censure Iran amid stalled nuclear talks

    Major European countries and the United States are expected to seek to censure Iran when the UN atomic watchdog meets...

    Iran has warned "any political action" by US and E3 group would "provoke without any doubt a proportional, effective and immediate response

    The latest IAEA report said that Iran now has 43.1 kilograms (95 pounds) of 60-percent-enriched uranium

  • Turkey aid lifeline to Syria runs into roadblocks

    Trucks loaded with humanitarian aid queue bumper-to-bumper amid the olive groves at the Turkish-Syrian border, waiting to be allowed across...

    Each month the United Nations sends some 800 lorries through the Cilvegozu crossing to deliver aid to millions in need in Syria's last major rebel bastion

    Russia, an ally of the Damascus regime, has threatened to use its veto power at a UN Security Council vote and block efforts to renew permission for the cross-border deliveries

  • GCC slams Islamophobic remarks by top officials of India’s ruling party

    Gulf countries, including Saudi Arabia, on Sunday condemned remarks about the Prophet Mohammed made by top officials in India's ruling...

    Saudi Arabia becomes the latest Gulf country to condemn the controversial remarks made by BJP spokesperson Nupur Sharma

    Kuwait, like Qatar, also summons India's ambassador amid widespread calls for a boycott of Indian goods in the Gulf

  • Huge Europe-Morocco migration begins after Covid hiatus

    Morocco on Sunday begins welcoming an influx of its citizens living in Europe after the pandemic led to a halt...

    The last such effort in the summer of 2019 saw 3.3 million people and more than three quarters of a million vehicles cross the Gibraltar Strait.

    More than 1,000 people including doctors, social workers and volunteers have signed up to help people arriving at ports and airports.

  • Saudi Arabia aims to triple foreign tourism in 2022: Minister

    Saudi Arabia aims to triple foreign tourism this year as pandemic restrictions ease, hajj pilgrims return and the first elements...

    The kingdom inaugurated tourist visas in September 2019, just months before the coronavirus pandemic decimated the industry globally.

    An uptick in domestic travel in 2020 and 2021 –- authorities tallied a record 64 million "domestic visits" last year –- helped save the nascent Saudi tourism sector from collapse.

  • What Gulf netizens searched for in 2021?

    Google's yearly report of top trending searches reveals the most popular keywords and topics across different categories, such as 'How...

    In 2021, the three top 'How to' searches were "How to help Afghan refugees", "How to help Texas" and "How to help India COVID".

    “TikTok pasta”, “Bacon jam” and “Birria tacos” were the three most searched recipes in 2021. 

  • Bosphorus sea trade remains undaunted by Ukraine war

    At the gates of the Black Sea, trade is in full swing as freighters and oil tankers sail from the...

    After an embargo on Russian imports, tankers with Greek or Maltese flags sail through Bosphorus up to the Black Sea to the Russian ports

    Russian Foreign Minister will visit Turkey to discuss establishment of "sea corridors"

  • US President delays trip to Saudi Arabia, Israel

    US President Joe Biden has pushed back a possible trip to Israel and Saudi Arabia, US media reported Saturday. The...

    Biden reportedly planned to go ahead with the long-rumored Saudi stop during an upcoming overseas tour at the end of June

    He is also widely expected to travel to Israel where, as in Saudi Arabia, he is sure to face pointed questions about slow-moving US diplomacy with the two countries' rival, Iran

  • Iran seized Greek oil tankers in retaliation: Supreme leader

    Iran's supreme leader on Saturday said that the country's seizure of two Greek oil tankers late last month was in...

    The Revolutionary Guards of Iran boarded and took control of the two vessels in the Gulf on May 27

    The oil seizure came two days after Greece confirmed it would send 115,000 tons of Iranian oil to US