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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 urges Iraq against hosting ‘disruptive security presence’

    Iran president accused Iraq's Kurdistan region of "negligence", adding that Iran is closely monitoring the movements of Israel.

    Iran president accused Iraq's Kurdstan region of "negligence", adding that Iran is closely monitoring the movements of Israel.

    The Iranian president made the remarks in Tehran during a meeting with visiting Iraqi Foreign Minister Fuad Hussein

  • Russian flagship sinks after Kyiv claims missile hit

    Russia's Black Sea flagship sank on Thursday after an explosion and fire that Ukraine claimed was a successful missile strike,...

    "Given the choppy seas, the vessel sank," the Russian state news agency TASS quoted the ministry as saying

    On the Ukrainian side, Odessa military spokesman Sergey Bratchuk said the ship had been hit by domestic Neptune cruise missiles

  • European Space Agency cuts lunar mission cooperation with Russia

    The European Space Agency on Wednesday ended cooperation with Russia on three missions to the Moon due to Moscow's invasion...

    The ESA had planned to have a navigation camera called Pilot-D on the Luna-25 probe, whose launch is scheduled for this summer

    The ESA is looking for other options and partners to test the technology that would have formed part of the Russian missions.

  • Lebanon to demolish blast-hit Beirut silos

    Once boasting a capacity of more than 100,000 tons, the imposing 48-meter (157-foot) high structure has become emblematic of the...

    Last year, Swiss company Amann Engineering also called for their demolition, saying the most damaged of the silos were tilting at a rate of two millimeters per day.

    Authorities say the blast was caused by a shipment of ammonium nitrate fertilizer, that caught fire after being impounded for years on end in haphazard conditions.

  • European Parliament calls for ‘genuine’ dialogue in Tunisia

    Members of the European Parliament urged Tunisian President Kais Saied on Wednesday to engage in "genuine" dialogue with political parties...

    European officials have repeatedly voiced concern over his moves, warning of blows against democracy in the birthplace of the Arab Spring uprisings

    In a statement, the delegation urged Tunisians "to embark on a broad-based and structured" dialogue

  • IMF unveils new trust to help ‘vulnerable’ countries

    The IMF plans to raise at least $45 billion for a new trust to help ‘low-income and vulnerable middle-income countries’.

    The Washington-based crisis lender's Resilience and Sustainability Trust is expected to come into effect May 1

    It is in addition to a $650 billion boost to reserve assets called Special Drawing Rights allocated earlier this year

  • UN envoy urges Yemen’s warring parties to uphold truce

    The two-month ceasefire between Yemen's Houthi rebels and Saudi led military coalition took effect 11 days ago.

    Hans Grundberg, UN envoy held talks with leaders of Houthi rebel

    According to Grundberg, oil tankers have been reached to ease the "fuel crisis" in Yemen

  • Iran says preliminary deal reached on frozen funds abroad

    Tens of billions of dollars in Iranian money were blocked in many countries including China, South Korea and Japan.

    Delegations from concerned countries met Iran's foreign minister to discuss the deal to release its funds frozen in foreign bank

    In January 2022, Iran urged South Korea to unlock its funds and not to wait for the results of the Vienna talks

  • Biden gives ‘crime scene’ Ukraine $800m to hold off Russia

    US President Joe Biden announced an $800 million military aid package for Ukraine on Wednesday as international prosecutors declared the...

    Biden has accused President Vladimir Putin of genocide -- a claim dismissed as "unacceptable" by the Kremlin

    The Pentagon says it has been looking to provide Ukraine with weapons that would "give them a little more range and distance"

  • Morocco holds Bulgarians, Iranians in ‘trafficking’ probe

    The Iranians were caught trying to reach Spain with fake documents "according to a criminal modus operandi."

    The Iranians were held trying to reach Spain with fake documents "according to a criminal modus operandi."

    The Bulgarians allegedly were involved in planning the illegal immigration attempt

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