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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.
  • EU hikes military aid for Ukraine as NATO expansion faces roadblocks

    Europe pledged another half billion dollars in military support for Kyiv on Friday as Sweden and Finland's moves toward joining...

    Fighting between Russian and Ukrainian troops continued along the long front in the Donbas

    US Secretary of Defense Lloyd Austin and Russian Defense Minister Sergei Shoigu meanwhile spoke directly

  • Sheikh Khalifa, who helped UAE boom despite crises

    The country will observe a 40-day state mourning with the flag flown at half-mast starting today, the ministry announced, adding...

    The leader ushered in the UAE's first-ever elections in December 2006, when electoral colleges chose half of the 40 members of an advisory Federal National Council.

    And in a historic first, the Gulf country in 2015 sent ground troops to Yemen as part of a Saudi-led coalition against Iran-backed Houthi rebels.

  • Jordan king meets US national security adviser

    The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the...

    The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the US

    Discussions also addressed regional issues, and ways to reach political solutions to regional crises

  • Tunisian president rejects foreign election observers

    Saied in July last year sacked the government and suspended parliament, prompting fears for democratic gains a decade after Tunisia’s...

    Saied in July last year sacked the government prompting fears for democratic gains a decade after Tunisia’s revolution which sparked the Arab Spring uprisings

    He has since taken control of the judiciary and on April 22 gave himself powers to name three out of seven members of the electoral commission, including its chief

  • Finland poised for NATO membership as Ukraine war crimps Russian gas

    Finland took a step Thursday towards fast-track NATO membership, triggering a blunt warning from the Kremlin, as the war in...

    Finland's leaders declared their nation must apply to join NATO "without delay" -- a seismic change in policy since Russia invaded its neighbour in February

    "As a member of NATO, Finland would strengthen the entire defence alliance," President Sauli Niinisto and Prime Minister Sanna Marin said in a joint statement

  • Russian embargo won’t result in global oil dearth : IEA

    The IEA said "steadily rising" output from the United States and Middle Eastern members of the OPEC+ oil cartel will...

    The IEA had previously warned that Moscow's invasion of Ukraine could spark a global supply "shock".

    World oil demand growth, meanwhile, is forecast to slow to 1.9 million barrels per day in the second quarter.

  • Arab nations at UN seek probe of killing of Al Jazeera reporter

    Arab countries at the United Nations called Wednesday for an independent, international probe into what they called the assassination of...

    The demand for an independent international probe was contained in three identical letters send to the UN Secretary General

    The Qatar-based TV channel charged that Israeli forces deliberately and "in cold blood" shot Abu Akleh, 51, in the head

  • Lebanon jobless rate almost triples since crippling economic crisis

    The official unemployment rate in crisis-hit Lebanon jumped almost three-fold to reach 29.6 percent at the start of the year,...

    After years of corrupt practices and financial mismanagement, Lebanon's economy collapsed two years ago, stripping the national currency of 95 percent of its value.

    The issue of unemployment has not featured prominently in the campaigns led by the main parties fielding candidates in Sunday's parliamentary election.

  • Palestinians honor ‘sister’ Shireen Abu Akleh, reject joint probe

    In a sign of Abu Akleh's stature among Palestinians, she received what was described as a full state memorial at...

    The EU has urged an "independent" probe while the United States demanded the killing be "transparently investigated", calls echoed by UN human rights chief Michelle Bachelet.

    An initial autopsy and forensic examination were conducted in Nablus in the Israel-occupied West Bank hours after her death, but no final conclusions have been disclosed.

  • Emir of Qatar arrives in Tehran to boost relations

    Qatar's ruler met Iranian President Ebrahim Raisi in Tehran Thursday, state television reported, as talks falter on bringing Washington back...

    Washington unilaterally abandoned the nuclear deal under then-president Donald Trump in 2018 and reimposed sweeping economic sanctions

    Unlike some of its Gulf Arab neighbours, Qatar has maintained close relations with Iran and the two countries share the world's largest natural gas