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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.
  • Erdogan conditions support for Nordic nations’ NATO bids

    President Recep Tayyip Erdogan on Saturday said Turkey would not look "positively" on Sweden and Finland's NATO bids unless its...

    Erdogan's threat throws a major potential obstacle in the way of membership for the hitherto militarily non-aligned Nordic nations since a consensus is required in NATO decisions

    On Thursday, Stoltenberg said Turkey's "concerns" were being addressed to find "an agreement on how to move forward"

  • Australia’s incumbent government loses elections after decade

    Australia's Prime Minister Scott Morrison conceded election defeat Saturday, hours after voters issued a stinging rebuke of his party's inaction...

    Australia's PM acknowledged a 'difficult' and 'humbling' day for his party, which governed Australia for the last decade

    With almost half the votes counted, Albanese's center-left Labor was assured of forming the largest party in parliament

  • EU looks to build a strategic partnership with GCC

    GCC Secretary-General, Dr. Nayef Falah Mubarak Al-Hajraf, had welcomed the European High Representative for Foreign Affairs and Security Josep Borrell’s...

    European External Action Service Spokesman Peter Stano said the cooperation is a must due to the current geopolitical developments

    He added, “Together with our partners, we represent 20% of the global economy, and half of the foreign direct investments"

  • Lebanese leader says country’s sovereignty must be restored

    Lebanon's hijacked sovereignty must be restored after an election denied the powerful Shiite movement Hezbollah a parliamentary majority, said Christian...

    "No one... should be able to transport missiles from one place to another without the permission and knowledge of the military," the 69-year-old added, referring to Hezbollah

    Hezbollah, whose arsenal outguns the army's, is described by its supporters as a bulwark against enemy Israel

  • Israeli forces shoot to death a Palestinian teen in West Bank

    A Palestinian teenager was shot dead by Israeli forces as clashes erupted during an army raid on Saturday in Jenin...

    "A 17-year-old boy was killed and an 18-year-old was critically wounded by the Israeli occupation's bullets during its aggression on Jenin," the ministry said in a statement.

    The official Palestinian news agency Wafa identified the teenager as Amjad al-Fayed

  • Greece accuses Turkey of violating its air space

    The Greek foreign ministry issued "an immediate and strong-worded protest" to the Turkish ambassador in Athens.

    The Greek foreign ministry issued "an immediate and strong-worded protest" to the Turkish ambassador in Athens

    It said the Turkish fighter jets "illegally entered our national airspace and approached Alexandroupolis within a distance of just 2.5 nautical miles".

  • Qatar Amir confirms deal on gas supply to Germany

    Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.

    Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.

    He expressed hope there will be a nuclear agreement with Iran, and Qatar was ready to help

  • Tunisia heads for ‘new republic’ in dialogue without political parties

    Tunisia's President Kais Saied on Friday appointed a loyalist law professor to head a committee charged with writing a constitution...

    Saied has vowed to scrap the country's 2014 constitution and draft a replacement to be put to referendum in July

    Saied has also created three other committees to focus on socio-economic issues, the judiciary and on national dialogue

  • Russian army says Mariupol steelworks ‘totally liberated’

    Russia's Defense Minister Sergei Shoigu informed president Putin of "the end of the operation and the complete liberation of the...

    Russia's Defense Minister Sergei Shoigu informed president Putin of "the end of the operation and the liberation of the city of Mariupol."

    On May 20, the last group of 531 Azov regiment of Ukrainian soldiers in Mariupol surrendered to Russian army, Russian official has confirmed

  • US urges Lebanon leaders to form a government swiftly

    State Department spokesman Ned Price said: "We urge those elected and the country's political leaders to heed the Lebanese people's...

    Hezbollah, the Iranian-backed Shiite militant movement, with its allies lost a parliamentary majority in Sunday's vote as independents made a surprise breakthrough.

    The US statement saluted the holding of elections on time but voiced concerns about "allegations of vote buying, clientelism and reports of intimidation."