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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.
  • Russians flee Putin regime to join Ukraine refugees in Israel

    The wave of immigration from Ukraine and Russia over the past seven weeks is the largest Israel has seen since...

    Around 24,000 Ukrainians have taken refuge in Israel since Russian President Vladimir Putin invaded Ukraine on February 24

    Israel's Law of Return grants citizenship to anyone with at least one Jewish grandparent; thousands in Russia and Ukraine meet this criterion

  • Saudi Arabia wants political solution to Russia-Ukraine conflict

    Russian President Vladimir Putin on Saturday, April 16, called Saudi Crown Prince Mohammed bin Salman bin Abdulaziz.

    Russian troops entered Ukraine on February 24 to conduct what President Vladimir Putin said was a ‘special operation’

    Since then, Russia has pummeled targets across Ukraine, while suffering losses of its own, like the sinking of its flagship Moskva

  • Tunisia works to contain diesel spill after cargo ship sinks

    The tanker XELO, carrying 750 tons of diesel from Egypt to Malta, sank in the Gulf of Gabes off Tunisia’s...

    Tunisia’s Environment Ministry has said barriers will be put up and a perimeter set to contain the diesel spill from the vessel

    Divers are also expected to be mobilized to examine the extent of the spill and the infiltrated fuel will be pumped out

  • Russia hits Kyiv missile factory after flagship sunk

    Russia pounded a Ukrainian rocket factory following the sinking of its Black Sea flagship, as President Volodymyr Zelensky said his...

    Russia said it had used sea-based long-range missiles to hit the plant, which Ukraine's state weapons manufacturer says produced Neptune cruise missiles

    The Moskva had been leading Russia's naval effort in the seven-week conflict, and the fate of its crew of more than 500 was uncertain

  • Iran Guards say ship smuggling fuel seized in Gulf, 7 arrests

    Iran's Revolutionary Guards said Friday they seized another vessel smuggling fuel in the Gulf and arrested its seven crew members,...

    The incident comes in the wake of a wave of seizures of vessels in the sea lanes serving the Gulf, where a large portion of the world's oil is produced and shipped.

    Last week, Iran announced its seizure of a foreign boat carrying over 220,000 liters of smuggled fuel and the arrest of its 11 crew members, without giving further details.

  • Israel to top up shrinking Sea of Galilee with desalinated water

    Israel, a leader in making seawater drinkable, plans to pump excess output from its desalination plants into the Sea of...

    Irregular rainfall, rising temperatures and intensive pumping have overtaxed the world's lowest freshwater lake, which has served as the Jewish state's main sweetwater reservoir.

    Israel now plans to tackle the challenge by reversing the water flow through its vast network of pumps, pipes and tunnels dating to the 1960s, the National Water Carrier.

  • Iran begins production at centrifuge component workshop

    Iran has started making components for machines used to enrich uranium at a new workshop in Natanz, the country's main...

    The new workshop replaces a nuclear facility in Karaj, near Tehran, after an attack there last year, which Iran said was an act of sabotage

    World powers are negotiating to revive a 2015 landmark agreement to rein in Iran's nuclear activities in exchange for sanctions relief

  • More than 100 hurt in violence in Al-Aqsa compound

    More than 100 people were wounded Friday in clashes between Palestinian demonstrators and Israeli police at Jerusalem's Al-Aqsa mosque compound....

    The latest clashes come after three tense weeks of deadly violence in Israel and the occupied West Bank, and as Passover and Easter overlap with Ramadan

    The mosque compound is at the heart of the Israeli-Palestinian conflict, falling within Israeli-annexed east Jerusalem

  • France urges cooperation with Algeria after Russia-Ukraine crisis

    France and Algeria have been attempting to improve their ties after a diplomatic crisis.

    Algeria is a major exporter of natural gas, which covers over 11 percent of Europe's needs, compared to the 47 percent from Russia

    European countries have been trying to ramp up Algerian exports to reduce their reliance on Russia after it invades Ukraine

  • Swiss prosecutors probe Libyan gasoil ‘looting’

    "A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014...

    "A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014 and 2015," Swiss state prosecutors said

    In an investigation published in March 2020, the NGOs Public Eye and TRIAL International accused Swiss traders Kolmar Group of being linked to the allegations

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