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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.
  • Turkey envoy meets Zelensky in Ukraine amid mediation

    Turkey hosted a meeting between Moscow and Kyiv negotiators in Istanbul and another between Russian Foreign Minister Sergei Lavrov and...

    There were no immediate details about the content of the Turkish envoy’s meetings in Kyiv

    Ankara has been mediating between Ukraine and Russia in efforts to end the war in Europe

  • Turkey air force pulls out of military exercise in Greece

    Turkey's air force has pulled out of a military exercise scheduled to be held in Greece next month, security sources...

    Turkish security sources said host countries draft a text each year made up of technical regulations ahead of the planned exercise and this year

    The sources accused Greek authorities of making additions into the document that "abuse disagreements between the two countries," without providing precise details

  • Iraq PM says Saudi-Iran tension near end

    An end to years of tension between regional rivals Iran and Saudi Arabia is near, Iraqi Prime Minister Mustafa al-Kadhemi...

    Iran and the Saudi kingdom support rival sides in several conflict zones across the region

    On Tuesday, the spokesman for Iraq's Foreign Ministry, Ahmed al-Sahaf, said the talks "are continuing''

  • Top Algeria opposition figure arrested: rights groups

    One of Algeria's leading opposition figures, Karim Tabbou, has been arrested again, rights groups have said. Tabbou was one of...

    Tabbou was one of the most-recognizable faces during unprecedented mass rallies, led by the Hirak pro-democracy movement, that began in February 2019

    He was detained Friday evening at his home, the rights groups said

  • Russia admits striking Kyiv during UN chief’s visit

    Russia's defense ministry said it had deployed "high-precision, long-range air-based weapons" that "destroyed the production buildings of the Artyom missile...

    Zelensky called for global response to recent strikes saying that "brutal humiliation of the UN by Russia has gone unanswered."

    Germany said, Thursday's "inhumane" airstrike on Ukraine showed that Putin has "no respect whatsoever for international law"

  • North Korea leader warns of ‘preemptive’ use of nuclear force

    Pyongyang should continue to build up its arsenal so that it can have the "overwhelming military muscle that no force...

    Kim Jong Un could use his atomic arsenal if North Korea's "fundamental interests" were threatened

    Kim's warning shows that he is not open to talk with South Korea's new government, analysts say

  • Russia urges US, NATO to halt Kyiv arms supply: state media

    Russia's foreign minister urged the US and NATO to stop supplying Kyiv with arms if they are "really interested in...

    Sergei Lavrov told China's official Xinhua news agency that the "special military operation... is proceeding strictly according to plan."

    The Kremlin had previously called Western arms deliveries to Ukraine a threat to European security.

  • UAE, Rwanda sign economic, technical cooperation agreement

    The two sides reviewed their relations during the visit of the UAE Minister of State Sheikh Shakhboot bin Nahyan bin...

    The two sides reviewed their relations during the visit of the UAE Minister of State Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan to Kigali

    the two sides reviewed the prospects for boosting investment and economic cooperation and accelerating projects

  • Biden, Mexican president warn of ‘unprecedented’ migration flow

    US President Joe Biden and his Mexican counterpart Andres Manuel Lopez Obrador warned of "unprecedented" pressure from migration in a...

    The virtual meeting showcased Biden's attempt to steer the complex relationship onto a more cooperative basis

    The two nations are inextricably tied through trade, culture and the violent narcotics industry

  • Saudi Arabia and Turkey resolve to boost ties ‘in all fields’

    Saudi Arabia's crown prince and Turkish President Recep Tayyip Erdogan have vowed to reset relations, to end a conflict between...

    Erdogan met with the Crown Prince Mohammed bin Salman, to "develop" relations. Saudi state news agency SPA published images of the Turkish leader embracing Prince Mohammed

    On Friday, Erdogan visited the Muslim holy city of Mecca, where he performed a pilgrimage among thousands of worshipers amid a heavy security presence

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