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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.
  • Kuwait wants Schengen visa exemption for its citizens

    Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted.

    Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted

    Al-Ghanim said the Kuwaiti delegation responded to many questions on issues like human rights and women empowerment

  • US president confirms ‘possibility’ of Saudi Arabia trip

    US President Joe Biden confirmed Friday he was considering a trip to Saudi Arabia. The New York Times and other...

    The reported decision came shortly after Saudi Arabia addressed two of Biden's priorities by agreeing to a production hike in oil

    The trip would reportedly happen around the time Biden travels to a NATO summit in Spain and Group of Seven summit in Germany later this month

  • Fed up with war, Afghan men turn to virtual violence

    The crackle of gunfire. A gasp of a stranger. Explosions rumbling in the distance. In the Afghan capital of Kabul, such...

    Afghanistan has been wracked by four decades of very real conflict, now largely subsided since the withdrawal of US-led troops and the return of the Taliban last year

    In the capital, a few arcades and bowling alleys remain open and some sports are still being played

  • Ukrainian envoy to Turkey accuses Russia of stealing grain

    Ankara has also offered to help secure maritime corridors for the export of Ukrainian grain therefore Russian Foreign Minister Sergei...

    Ukraine's envoy to Ankara accused Russia of "stealing" grain and exporting abroad and said "we asked Turkey to resolve the issue"

    Ankara has maintained a delicate balancing act with Kyiv and Moscow, acted as mediator in the conflict

  • Syria constitution talks make little headway: UN mediator

    The talks discussed constitutional principles, including preserving and strengthening state institutions, the supremacy of the constitution and the hierarchy of...

    According to the Norwegian diplomat, this week's eighth round of talks aimed at rewriting the war-torn country's constitution had made scant progress

    The co-chairs of Syrian Constitutional Committee agreed to hold a ninth session of talks in Geneva from July 25 to 29

  • Iran threatens immediate response to political action by IAEA

    Iran said Friday it will respond immediately to any "political" action at a looming meeting of the UN nuclear watchdog,...

    Iran's warning comes as talks to revive a hobbled 2015 nuclear deal between the Islamic republic and world powers have been stalled since March

    Iran and the IAEA had previously said that resolving the issue of the three sites is necessary for efforts to revive the deal

  • Third Gulf Forum for Voluntary Work to be held in December

    A meeting between the Committee of Heads of Red Crescent Societies and bodies in GCC concluded its 18th meeting. The...

    The Gulf forum is expected to be held for two days in Saudi Arabia under the theme "Volunteering is life".

    This was decided at a meeting between the Committee of Heads of Red Crescent Societies and bodies in GCC concluded its 18th meeting.

  • UAE arrests Briton over $1.7 billion Denmark tax fraud

    A 52-year-old Briton has been arrested in Dubai over a $1.7 billion dividend-tax fraud case in Denmark, the Gulf emirate's...

    The police said Sanjay Shah, a suspect in the dividend-tax fraud case in Denmark, was arrested with the aim of subsequent extradition for prosecution in Denmark.

    They said the arrest was carried out in close cooperation with Emirati authorities and under a bilateral extradition treaty signed in March 2022.

  • One out of three Islamic Development Bank member living in poverty

    President of the bank Dr Muhammed Al-Jasser, who was speaking at the 16th World Bank Forum, on Islamic Finance, said...

    The Forum themed “Poverty Reduction Through Social Innovation and Entrepreneurship” was held on the sidelines of the IDB group's annual meeting in Sharm El-Sheikh.

    The fight against poverty has always been at the forefront of the objectives of the bank's partnerships with member states and various institutions, Al-Jasser said.

  • UAE firm to screen passengers at four Afghan airports for three years

    The Taliban have tasked a United Arab Emirates firm with the security screening of passengers and luggage at Afghan airports,...

    While some domestic and international flights are operating out of the capital's only airport, significant support is needed for major foreign airlines to resume a full service.

    Abu Dhabi-based GAAC said it will manage screening at Kabul, Herat, Kandahar and Mazar-i-Sharif airports for the next three years.