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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.
  • G7 ‘will never recognize’ borders changed by force

    The Group of Seven industrialized nations said Saturday they would never recognize the borders Russia is trying to shift by...

    Russia invaded Ukraine on February 24 but Kyiv's forces managed to push Moscow's troops back from the capital

    In their joint statement, they vowed to expand sanctions to include sectors on which Russia is dependent and keep supplying Ukraine with weapons

  • Tutu foundation decries Israeli beating of Palestinian mourners

    Israeli police charging the funeral of Palestinian journalist Shireen Abu Akleh is "reminiscent" of violence during apartheid South Africa, the...

    Human Rights Watch has accused Israel of committing crimes of apartheid against Palestinians in Gaza, the occupied West Bank and inside Israel

    Political analyst Eusebius McKaiser on Twitter said the violence was all too familiar

  • Finnish President speaks with Putin on NATO membership

    Finnish President Sauli Niinisto spoke with his Russian counterpart Vladimir Putin on Saturday regarding the Nordic country's application for NATO...

    The Finnish president and Prime Minister had said on Thursday that they wanted the country to join NATO "without delay"

    Neighboring Sweden, like Finland traditionally neutral, is also expected to announce its own membership bid in coming days

  • Faster UAE growth likely under Mohamed bin Zayed

    Under the President Sheikh Mohamed bin Zayed, the national economy will witness an acceleration in the implementation of its development...

    The 61-year-old took office after the death on Friday of his half-brother Sheikh Khalifa bin Zayed Al Nahyan

    Born in the capital on March 11, 1961, Sheikh Mohamed was sent to military school in Britain, where he graduated from the famed Royal Military Academy Sandhurst in 1979

  • Erdogan opposes NATO membership for Finland, Sweden

    President Recep Tayyip Erdogan on Friday said Turkey did not have a “positive opinion” on Finland and Sweden joining NATO,...

    The leader of NATO-member Turkey spoke ahead of expected confirmations from the Nordic nations on Sunday

    Turkey has long accused Nordic countries, especially Sweden which has a strong Turkish immigrant community, of harboring extremist Kurdish groups

  • Sheikh Mohamed is new UAE President

    The UAE's Federal Supreme Council today unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the...

    The UAE's Federal Supreme Council has unanimously elected Sheikh Mohamed as the country's president

    Sheikh Mohammed has succeeded the late Sheikh Khalifa bin Zayed Al Nahyan

  • Jordan king meets Biden, thanks US for ongoing support

    King Abdullah expressed appreciation for the US’ ongoing support for Jordan across all sectors, to enable the kingdom to pursue...

    King Abdullah expressed appreciation for the US’ ongoing support for Jordan across all sectors, to enable the kingdom to pursue economic development and regional stability

    President Biden expressed full support for Jordan and commended the Kingdom as a critical ally and a force for stability in the Middle East

  • US tells ASEAN leaders committed ‘for generations’

    President Joe Biden on Friday promised a long-term commitment to Southeast Asia in the face of China's growing clout as...

    A region that "is free and open, stable and prosperous, and resilient and secure is what we're all seeking," Biden told ASEAN leaders

    Indonesia, the host of 20 summit has invited Russian and Ukraine's president despite US calls to shun Putin

  • Tributes pour in after passing of Sheikh Khalifa

    Tributes continue to pour in from around the world after the UAE announced the death of its president, Sheikh Khalifa...

    US President Joe Biden said Sheikh Khalifa was 'a true partner and friend of the United States'

    'The EU honours his legacy & leadership under which the UAE became frontrunner of sustainable development & economic diversification'

  • US ‘working to clarify Turkey’s position’ on NATO enlargement

    Washington is "working to clarify Turkey's position" after President Recep Tayyip Erdogan expressed opposition to Finland and Sweden joining NATO,...

    Pentagon spokesman John Kirby likewise said the United States is working to "better understand" Ankara's stance

    Erdogan told journalists on Friday that "we do not have a positive opinion" about the two countries joining the alliance