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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.
  • Tunisian court imposes travel ban on former speaker

    A Tunisian court has imposed a travel ban on the speaker of the country's now-dissolved parliament, a court spokeswoman said.

    The interdiction against Rached Ghannouchi is part of an inquiry into alleged obstruction of justice in connection with the assassination in 2013 of two left-wing figures

    Ghannouchi, 81, is a fierce critic of President Kais Saied who in July 2021 suspended the Ennahdha-dominated parliament, sacked the prime minister and assumed executive powers

  • Iran Revolutionary Guards say seized two Greek tankers in Gulf

    Iran's Revolutionary Guards seized two Greek oil tankers in the Gulf Friday, days after Athens confirmed it would deliver to...

    Delta Poseidon, one of the Greek tanker was sailing in international waters and second tanker was near the Iranian coast when seized

    Greece has accused Iran of "piracy" and confirmed that nine Greeks were among the crews of the two vessels

  • Amnesty demands Morocco probe ‘assaults’ on 5 Sahrawi activists

    Human rights group International Friday urged Moroccan authorities to investigate urgently allegations that security forces last month assaulted five women...

    The mission has prompted Western leaders to urge regional counterparts to spurn any Chinese attempt to extend its security reach across the region

    The five activists "were targeted after their participation in peaceful protests for Sahrawi self-determination," Amnesty said in a statement

  • Turkey shows off drones at Azerbaijan air show

    Looping in the air at lightning speed, Turkish drones like those used against Russian forces in Ukraine draw cheers from...

    Turkey's TB2 drones are manufactured by aerospace company Baykar Defence, where Erdogan's son-in-law Selcuk Bayraktar is chief technology officer

    Turkey's drones first attracted attention in 2019 when they were used during the war in Libya to thwart an advance by rebel commander, General Khalifa Haftar

  • G7 nations to stop financing fossil fuel projects abroad by end 2022

    Japan Friday for the first time joined fellow members of the Group of Seven industrialised nations in pledging to end...

    Ending subsidies for the international fossil fuel energy sector was already part of a series of commitments agreed to by around 20 countries at COP26 climate summit in Glasgow.

    Six of the G7 club of rich nations were among the signatories at the time -- Britain, Canada, Germany, France, Italy and the United States -- but Japan had resisted until now.

  • Iran protestors demand justice as toll rises in building collapse

    Hundreds of people took to the streets in southwestern Iran demanding justice after a tower block collapse killed 24 people,...

    Images published by Fars news agency showed hundreds of residents marching along Abadan's streets on Thursday night

    Abadan governor Ehsan Abbaspour, cited by ISNA news agency, said the number of people killed in the disaster stood at 24, up from 19 previously

  • Probe concludes journalist killed in ‘war crime’ by Israeli soldiers

    An Al Jazeera journalist shot dead in the occupied West Bank earlier this month was murdered in a "war crime"...

    The Palestinian Authority (PA) and Al Jazeera have accused Israeli forces of killing Shireen Abu Akleh on May 11 when she was covering an Israeli operation in the West Bank

    The report said Abu Akleh was killed with a 5.56 millimetre armour piercing round fired from a Ruger Mini-14 rifle

  • UAE and India to expand ties in renewable power, sustainable finance

    India was the second-largest trading partner of the UAE in 2021 as it accounted for 9 percent of the total...

    The UAE and India agreed to expand bilateral cooperation towards accelerated climate action and implementation of the Paris agreement.

    The UAE’s cooperation with India in the area of climate aims to support India’s ambition to achieve 450 gigawatts (GW) of renewable energy.

  • Saudi group at WEF calls for international cooperation

    A Saudi delegation said Wednesday that the transformation march launched by it a few years ago contributed to enhancing the...

    The delegation participated in a panel discussion entitled "Kingdom of Saudi Arabia: A Future Vision".

    It highlighted kingdom's role in supporting the region's stability within the framework of promoting development.

  • Tunisian president decrees Jul 25 referendum, critics warn of autocracy

    Tunisia will hold a constitutional referendum for a "new republic" on July 25, President Kais Saied has announced, in defiance...

    The vote will come exactly a year after Saied sacked the government and suspended parliament, moves his rivals called a coup.

    Saied has since held a widely boycotted public consultation on a new constitution.