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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.
  • Powered solely by renewables, PORRIMA docks at Dubai Harbour

    Dubai Harbour welcomed the Swiss experimental vessel powered solely by renewables, PORRIMA, to its marinas on Thursday as part of...

    The first-of-its-kind solar, wind and hydrogen-powered ship has travelled more than 11,000 kilometers without stopping since departing Osaka, Japan, on December 18, 2021.

    Now, using solar, wind and hydrogen, the 36-metre 100-tonne vessel also utilizes artificial intelligence and technologies inspired by nature.

  • Finland named happiest nation for fifth year, Afghanistan unhappiest

    The World Happiness Report, now in its 10th year, is based on people's own assessment of their happiness, as well...

    Lebanon, which is facing economic meltdown, fell to second from last on the index of 146 countries, just below Zimbabwe.

    Northern Europeans once again dominated the top spots -- with the Danes second to the Finns, followed by the Icelandic, the Swiss and the Dutch.

  • Postmen deliver the goods on Ukraine’s home front

    The Nova Poshta courier company in Lviv handled millions of parcels before the war. Now, most of the 100,000 daily...

    The Nova Poshta warehouse's workforce has slimmed by more than half. Just 22 work here with most of the rest called up for combat.

    Around 90 percent of freight passing through the facility is now humanitarian aid -- gathered and sorted at the Lviv way station for incoming refugees or eastbound distribution.

  • Dubai, India discuss trade and economic cooperation

    "We provide the best facilities and customs services to Indian businesses which can also benefit from the advanced infrastructure and...

    "We provide facilities and customs services to Indian businesses which can also benefit from the advanced infrastructure and logistics," Dubai customs official Musabih said

    Indian counsel Kalimutu applauded Dubai Customs’ efforts in facilitating Indian trade, which helps grow mutual trade and investments

  • Gulf bloc says Saudi to host Yemen talks despite rebels’ rejection

    The six-nation Gulf bloc said Thursday it seeks to host discussions between Yemen's warring sides in Saudi Arabia, despite the...

    The secretary-general of the Saudi-based Gulf Cooperation Council (GCC), Nayef al-Hajraf, told reporters discussions would be held between March 29 and April 7 in Riyadh

    "Invitations will be sent to all and the conference will be held in attendance of those who come," he said

  • OPEC Fund approves $233 million for development projects

    The grants were approved at the 179th session of OFID’s Governing Board in Vienna.

    The projects will reportedly, among other things, support economic recovery, help bring up new infrastructure, and boost food security

    Overall, they are expected to benefit public-sector projects and promote sustainable development around the world

  • Russia strikes near Lviv airport as bombardment expands across Ukraine

    Twenty-four hours after Mariupol's once-gleaming whitewashed theatre was hollowed out by a Russian strike, the number of dead, injured or...

    Twenty-four hours after Mariupol's once-gleaming whitewashed theatre was hollowed out by a Russian strike, the number of dead, injured or trapped is still unclear

    Ukraine's ombudswoman Lyudmyla Denisova said a bombshelter in the building had survived the impact, and some "adults and children" had emerged alive

  • UAE calls on international community to pressure Houthis to stop transgressions

    UAE lauded the UN Security Council's decision to list the Houthi militias as a terrorist organisation.

    UAE lauded the UN Security Council's decision to list the Houthi militias as a terrorist organisation

    The country said it supports the UN's efforts to provide basic needs of the Yemeni people

  • UAE foreign affairs minister stresses peaceful resolution of Ukraine conflict

    The ministers of UAE and Russia discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership...

    Sheikh Abdullah bin Zayed Al Nahyan met Russian foreign minister Sergey Lavrov in Moscow and discussed challenges concerning security and stability in the MENA region.

    Al Nahyan also expressed the UAE's deep concern over the humanitarian impact of the conflict on civilians.

  • Lebanon judge arrests central bank governor Riad Salameh’s brother

    A Lebanese judge on Thursday arrested the brother of Central Bank governor Riad Salameh, both of whom are suspected of...

    Central Bank governor Riad Salameh is widely blamed for policies that have hurt Lebanon's economy, both he and his brother have also been accused of embezzling money.

    Judge Ghada Aoun referred Raja Salameh to a judge to probe the brothers on charges of 'money laundering, embezzlement, illicit enrichment and smuggling large amounts of money'.

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