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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.
  • Iran’s President Raisi warns Israel against ‘any action’

    Iran's President Ebrahim Raisi warned on Monday that the armed forces would not let arch-foe Israel rest if it took...

    "You must know that if you try to take any action against the Iranian nation... our armed forces will not leave you in peace," Raisi said, during a military parade

    Last month, Iran's Revolutionary Guards, the military's ideological arm, said it fired a dozen ballistic missiles at a "strategic" site in Arbil

  • Iran says US ‘responsible for delays’ to revive nuclear deal

    Iran on Monday said an agreement with world powers to revive the 2015 nuclear deal was still not in sight,...

    Iran has been engaged in efforts to revive the Joint Comprehensive Plan of Action (JCPOA) with Britain, China, France, Germany and Russia directly, and the United States indirectly

    Khatibzadeh on Monday blamed Washington for delays to restore the nuclear deal

  • Turkey launches new ‘offensive’ against Kurdish rebels in Iraq

    Turkey on Monday said it has launched a new air and ground offensive against outlawed Kurdish militants in northern Iraq...

    Defense Minister Hulusi Akar said commando units, unmanned aerial vehicles and attack helicopters were pounding Kurdistan Workers Party (PKK) hideouts

    Designated as a terrorist group by Ankara and its Western allies, the PKK has been waging an insurgency against the Turkish state since 1984

  • Iraqi PM sets up workgroup to coordinate gas supply with Iran

    Al-Kadhimi asked the workgroup to visit Iran and remove the obstacles hindering the supply of gas to Iraqi electricity power...

    Al-Kadhimi asked the workgroup to visit Iran and remove the obstacles hindering the supply of gas to Iraqi electricity power plants

    Earlier this month, Iraqi Electricity Minister Adel Karim had said that Iraq will need to import gas from Iran at least for the next couple of years

  • Saudi Arabia pushed Yemen’s president to step down: report

    Saudi Arabia pushed Yemen's president to step down earlier this month, and officials have confined him to his home and...

    Journal said that Riyadh's Crown Prince Mohammed bin Salman gave Hadi a written decree delegating his powers to the council

    Some Saudi officials had threatened to publicize what they said was evidence of Hadi's corruption in their efforts to convince him to step down

  • Egypt bristles at Israel-run dance festivals in Sinai

    Israeli-organized twin dance festivals in the Sinai have sparked outrage in Egypt as they come just days before the anniversary...

    The Nabia and Grounded festivals coincides with the Jewish Passover holiday, and also come as Muslims observe fasting in Ramadan

    The festivals follow events in which more than 150 Palestinian worshippers were injured on Friday in clashes with Israeli security forces

  • Yemen’s new leaders want years-long conflict to end

    Yemen's new leaders are "ready for war" should the latest push for peace with Houthi rebels fail, but a senior...

    "Our first option is peace, but we are ready for war," Abdullah al-Alimi said late Saturday in his first interview since being named to an eight-member leadership council

    The war has killed hundreds of thousands directly or indirectly, and triggered what the United Nations calls the world's worst humanitarian crisis

  • Dubai Logistics City Customs Centre clears goods worth $435m in Q1

    Dubai Logistics City Customs Centre completed 48,000 transactions and cleared goods valued at AED 1.6 billion in the first quarter...

    The Centre facilitates processes and operations of companies and traders.

    In particular, the Centre handles the shipments of the International Humanitarian City, the largest humanitarian logistics centre in the world.

  • Direct flights start between Tel Aviv and Egyptian resort Sharm el-Sheikh

    The first direct flight between the Israeli coastal city of Tel Aviv and Egypt's Red Sea resort of Sharm el-Sheikh...

    Flight 5193, operated by El-Al subsidiary Sun d'Or, departed Ben Gurion International Airport at 0715 GMT, the carrier said in a statement.

    Direct flights have long been in operation between Tel Aviv and Cairo, since Egypt in 1979 became the first Arab country to sign a peace accord with Israel.

  • 10 Palestinians injured in Al-Aqsa mosque clashes

    Clashes between Palestinian demonstrators and Israeli police wounded ten protesters on Sunday morning in and around Jerusalem's flashpoint Al-Aqsa Mosque...

    Early on Sunday morning, "hundreds" of Palestinian demonstrators started gathering piles of stones, shortly before the arrival of Jewish visitors to the site, the police said

    Jews are allowed at certain times to visit -- but not to pray -- at the site, also known as Temple Mount, the holiest place in Judaism and third-holiest in Islam

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