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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.
  • Israel signs free trade deal with UAE; its first in GCC, third in Middle East

    The UAE has signed a Comprehensive Economic Partnership Agreement (CEPA) with Israel. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister...

    The agreement builds on the strong foundations laid by the Abraham Accords, says UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi

    Talks for a free trade agreement began in November and concluded after four rounds of negotiations

  • GCC, Pakistan launch 3rd round of free trade negotiations

    The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan.

    The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan

    Free trade negotiations with Pakistan are part of GCC countries' effort to strengthen cooperation with their international partners

  • Iran’s uranium pool exceeds nuclear deal limit: UN nuclear watchdog

    The International Atomic Energy Agency said in its latest report on Iran's nuclear program that it "estimated that, as of...

    The report also says that Iran is continuing its enrichment of uranium to levels higher than the 3.67 percent limit in the deal.

    Enrichment levels of around 90 percent are required for use in a nuclear weapon. Iran has always insisted its nuclear program is peaceful.

  • Sudan lifts state of emergency imposed since coup

    Sunday's decision came after a meeting with senior military officials recommending the state of emergency be lifted and people detained...

    Burhan who vowed to free political detainees arrested in the 2021 crackdown has now lifted a state of emergency to set the stage for talks among Sudanese factions

    Military officials of Sudan recommended allowing the live TV unit of Al Jazeera to resume operations which was banned for "unprofessional" coverage of protests

  • Lebanon questions ex-Nissan boss Carlos Ghosn over Interpol notice

    Lebanon has questioned ex-Nissan boss Carlos Ghosn after receiving an Interpol red notice for his arrest but did not take...

    The questions centred on allegations including "money laundering, misuse of power... squandering company money" and others, an official said.

    Ghosn -- who holds French, Lebanese and Brazilian citizenships -- was initially due to stand trial in Japan following his detention there in 2018,.

  • Two Turkish soldiers killed in military operation in Iraq

    Another two Turkish soldiers have been killed during military operations against Kurdish militants in the north of Iraq, Turkey's defense...

    One soldier was killed on Saturday when an improvised explosive device (IED) went off as he and other soldiers were passing

    Turkey has launched several operations in the area against fighters from the Kurdistan Workers' Party (PKK), which Ankara and its Western allies say is a terrorist organization

  • After Russian invasion, NATO has right to deploy in eastern Europe: deputy chief

    NATO is no longer bound by past commitments to hold back from deploying its forces in eastern Europe, the US-led...

    Mircea Geoana anticipated "a robust, flexible and sustainable presence" in eastern flank under Article 5

    NATO's article 5 says that an attack on one member is an attack on all of them

  • Germany to modernise military in face of Russia threat

    Germany's government and conservative opposition have agreed a deal that will release 100 billion euros ($107 billion) to modernise the...

    The deal, which involves amending budgetary rules in the national constitution, was struck after weeks of difficult negotiations

    The agreement will allow Berlin to achieve NATO's target of spending 2.0 percent of GDP on defence "on average over several years"

  • Lebanese authorities foil Saudi national’s Captagon smuggling bid

    Lebanese authorities on Sunday arrested a Saudi man at Beirut airport who attempted to smuggle 18.3 kilograms of the illegal...

    Lebanon's interior ministry said in a statement that 18.3 kilograms of the illegal stimulant were destined for Kuwait.

    Trade in captagon in the Middle East grew exponentially in 2021 to top $5 billion, posing an increasing health and security risk to the region.

  • Iran says crews of two seized Greek oil tankers ‘in good health’

    Iran said Saturday the crews of two Greek oil tankers it has seized in the Gulf are in "good health"...

    Iranian foreign ministry spokesman said that the crews of the seized oil tankers from Greece were being protected under international law

    Greece has condemned Tehran's detention of the two ships as "tantamount to acts of piracy" and warned its citizens not to travel to Iran