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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.
  • Diplomatic tussle heats up between Tunisia and Turkey

    Tunisia has summoned Turkey's ambassador in protest against "interference" after President Erdogan criticized his counterpart in Tunis for dissolving the...

    The Turkish leader had on Monday criticized Saied's latest move as a "blow to the will of the Tunisian people" and a "smear on democracy"

    On Wednesday morning, it said Jarandi had spoken by telephone with Turkish Foreign Minister Mevlut Cavusoglu, as well as summoning Ankara's ambassador in protest

  • US to ban “all new investments” in Russia: Report

    The United States, in coordination with the G7 and European Union, will ban "all" new investments in Russia on Wednesday...

    The new sanctions "will impose significant costs on Russia and send it further down the road of economic, financial isolation."

    The source predicted that Russia's economy would shrink by as much as 15 percent this year

  • Israel’s Gantz speaks with Palestinian president for Ramadan

    "Ramadan must be a month of peace and quiet and not a period marked by terror," Gantz told Abbas

    "Ramadan must be a month of peace and quiet and not a period marked by terror," Gantz told Abbas

    A total of 11 people have been killed in attacks in Israel since March 22, including some carried out by assailants linked to the Islamic State group

  • World’s fossil fuel assets risk evaporating in climate fight

    Oil platforms, pipelines, coal power plants and other fossil fuel assets could lose trillions of dollars in the battle against...

    The warning was issued in a 3,000-page report by UN experts who said fossil fuel assets must be retired and replaced with clean energy faster to mitigate financial losses.

    Such assets will become "stranded" and worth less than expected because they may never be used since fossil fuel demand must fall in the near future to limit emissions.

  • Key Egypt activist in 2011 revolution begins hunger strike in prison

    Abdel Fattah has spent the better part of the past decade behind bars, having also been arrested under former presidents...

    Abdel Fattah was sentenced in December to five years in prison on the charges of "broadcasting false news".

    Fattah had already been in pre-trial detention in Cairo's Tora prison since September 2019 before the sentencing.

  • EU plans to punish Russia more with sanctions on oil or coal

    The EU is considering to hit Russia with sanctions on oil or coal over the war in Ukraine, a top...

    The Europeans are under pressure to hit Moscow in the crucial energy sector and stop paying out the huge proceeds from gas, oil and coal

    Since Russia's military buildup against Ukraine began, sanctions against Moscow have been coordinated with the US and its Western allies

  • Palestinian lawyer sues Israel’s spyware firm in France

    Palestinian lawyer Salah Hamouri, who is in Israeli detention, filed a complaint in France Tuesday against surveillance firm NSO Group...

    He is one of several Palestinian activists whose phones were hacked using the Pegasus malware made by the Israeli company NSO

    The rights groups have filed a complaint alleging offences -- such as the violation of privacy and correspondence against NSO

  • Yemen truce struggles to hold as charges of violations grow

    Yemen's warring parties on Tuesday traded accusations of violating a ceasefire agreement, three days after it went into effect at...

    Yemen's foreign minister, Ahmed bin Mubarak, in a Twitter post accused the Houthis of ceasefire violations

    While the insurgents did not directly respond to the claims, their media channels also reported alleged "breaches", but by pro-government troops, on Sunday and Monday

  • Japan grants $3.35m emergency aid to Gaza Strip

    Japan will provide humanitarian assistance, such as food provision, targeted at vulnerable Palestinians.

    Japan will provide humanitarian assistance, such as food provision, targeted at vulnerable Palestinians

    The humanitarian situation in Gaza Strip has significantly deteriorated due to the COVID-19 pandemic and floods

  • US, Iran spar over stalled nuclear talks and demands

    Iranian foreign ministry spokesman Saeed Khatibzadeh said that the country's negotiators would not return to Vienna, the site of the...

    Tehran has been engaged in long-running negotiations in the Austrian capital of Vienna to revive the JCPOA

    It has engaged with Britain, China, France, Germany, and Russia directly, and the United States indirectly

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