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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.
  • Imran Khan outwits rivals, gets national assembly dissolved

    Pakistan will go to the polls to elect a new government within three months after Prime Minister Imran Khan foiled...

    On a day of high drama, the assembly deputy speaker refused to accept a motion of no confidence in the government

    The move appeared to blindside the opposition, who had confidently predicted they had enough votes to boot Khan from office

  • UAE, Israel cooperate to advance maritime transport sector

    The MoU is said to be in the field of maritime transport, exchange of experiences, and strengthening strategic partnership.

    The MoU aims to enhance cooperation between the two countries in the field of transport, especially maritime

    It is also expected to help exchange experience and knowledge to serve the future directives for the next 50 years

  • Iran slams US for ‘preventing entry’ of Iranian singer

    The US government, "by imposing new sanctions and preventing the entry of an Iranian singer, once again showed that... it...

    Border patrol officers of the US interrogated Iranian singer Alireza Ghorbani at Toronto Airport in Canada and prevented him from traveling

    Ghorbani was travelling to California to perform at a concert celebrating the Persian new year, Iran's news agency IRNA reported

  • Ukraine claims Kyiv region as Russia pullback reveals aftermath

    Ukrainian authorities said Saturday the body of a well-known photographer, Maks Levin, had been found near a village in the...

    In Bucha, 16 of the 20 corpses found on one street were lying either on the pavement or by the verge

    Three were in the middle of the road, and another lay on his side in the courtyard of a destroyed house

  • Russia continues to batter Ukraine amid rescue efforts

    Peace talks between Kyiv and Moscow resumed via video amid evacuations from Ukraine, but the Kremlin warned that what it...

    Mariupol has faced weeks of Russian shelling, with at least 5,000 killed, say local authorities

    The estimated 160,000 residents who remain face shortages of food, water and electricity

  • US allies agree to tap emergency oil reserves again

    IAE repeated its warning that the prospect of large-scale disruptions to Russian oil production "is threatening to create a global...

    A ministerial meeting of IEA chaired by US Energy Secretary decided to tap its emergency oil reserve fifth times since 1991 to calm soaring energy prices

    IEA members had already vowed to release 62.7 million barrels of oil encouraged members to support Ukraine in the supply of oil products

  • Jordan, US discuss ways to enhance strategic partnership

    Jordan’s Deputy Prime Minister Ayman Safadi and US Secretary of State Antony Blinken discussed the new MoU for the strategic...

    A new MoU between the two countries frames the US aid for Jordan, replacing the current memorandum, which expires in September 2022

    According to the current MoU, the US has provided Jordan with annual support over the past four years, which amounted to 1.65 billion in 2021

  • Pentagon commits extra $300m in security aid to Ukraine

    The package includes laser-guided rocket systems, drones, ammunition, night-vision devices, tactical secure communications systems, medical supplies and spare parts

    The package includes laser-guided rocket systems, drones, ammunition, night-vision devices, tactical secure communications systems, medical supplies and spare parts

    On Wednesday, US President Joe Biden and Ukrainian President Volodymyr Zelensky discussed "additional capabilities" to help the Ukrainian military

  • Algeria warns of possible gas price rise for Spain

    Algiers last month recalled its ambassador from Madrid in protest at a decision by Spain to back a Moroccan autonomy...

    Algiers last month recalled its ambassador from Madrid in protest at a decision by Spain to back a Moroccan autonomy plan for the ex-Spanish colony of Western Sahara

    Algeria has condemned the "abrupt about-turn" by Madrid, which had previously sought to maintain neutrality in the decades-old conflict

  • UN: Yemen’s warring parties agree to two-month truce

    The UN said Yemen's warring parties have agreed to a two-month extendable truce starting Saturday, the first day of Ramadan...

    The announcement brings a glimmer of hope in a brutal conflict that has killed hundreds of thousands and left millions on the brink of famine

    "The truce can be renewed beyond the two-month perod with the consent of the parties," UN special envoy for Yemen Hans Grundberg said in a statement.

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