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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.
  • Promote bicycles to combat climate change: UN

    It calls on member states to "integrate the bicycle into public transportation, in urban and rural settings in developing and...

    The resolution, proposed by Turkmenistan, was passed unanimously and like all General Assembly resolutions is non-binding.

    The resolution encourages member states to "give special attention to cycling in cross-cutting development strategies, including bicycle sharing services,"

  • Uncertainty for Russian tourists in Turkey hotspot as war rages

    Dozens of Western countries have banned Russian planes from their airspace while some carriers operating flights to Russia have had...

    Dozens of Western countries have banned Russian planes from their airspace while some carriers operating flights to Russia have had their insurance policies cancelled

    Some Turkish holiday operators have cited the impact of Western sanctions when cancelling the plans of their Russian clients

  • UAE citizens can travel visa-free to Israel

    Israel has announced that all UAE citizens can now travel visa-free to Israel. The move is part of a wider...

    Both vaccinated and unvaccinated tourists of all ages are permitted to enter Israel upon presenting a negative PCR test before departure and after arriving in Israel

    The announcement follows a recent agreement between the UAE and Israel extending visa-free entry to all UAE nationals as part of the ongoing strategic partnership between them

  • British PM meets Saudi Crown Prince to plead for oil

    British Prime Minister Boris Johnson met with oil-rich Saudi Arabia's Crown Prince Mohammed bin Salman to lobby for higher production...

    "It's not just a question of looking at the OPEC countries and what they can do to increase supply, though that is important," Johnson told British media

    Saudi Arabia and the UAE, which are two of the world's biggest oil exporters have so far avoided taking a position against Russia.

  • Slovakia approves NATO deployment on Ukraine’s doorstep

    Ninety-six out of 134 lawmakers present voted in favour of the move on Tuesday, while 15 voted against. .

    Ninety-six out of 134 lawmakers present voted in favour of the move on Tuesday, while 15 voted against

    The force would initially be some 1,200 troops from the Czech Republic, Germany, the Netherlands, the United States, Poland and Slovenia

  • Warsaw seeks NATO ‘peace mission’ to help Ukraine

    Polish Prime Minister Mateusz Morawiecki again called on the EU to "very quickly give Ukraine candidate status".

    Polish Prime Minister Mateusz Morawiecki again called on the EU to "very quickly give Ukraine candidate status."

    Ukraine's deputy PM has praised "the courage of the true friends of Ukraine" as the Prime Ministers of three countries arrive to show support

  • Biden to assert ‘iron-clad commitment’ on NATO trip

    US president will travel to Brussels to attend an EU summit to discuss Russia's invasion of Ukraine.

    US president will travel to Brussels to attend an EU summit to discuss Russia's invasion of Ukraine

    NATO chief said that Russia would have "a high price to pay" if it carried out a chemical attack in Ukraine

  • Hamas faces risk, opportunity from warming Israel-Turkey ties

    Hamas condemned Turkey's decision to welcome "the Zionist occupation president" as Erdogan revives relation with Israel.

    Hamas condemned Turkey's decision to welcome "the Zionist occupation president" as Erdogan revives relation with Israel

    Ties between Turkey and Israel were frozen since 2010 as 10 Turkish civilians were killed in an Israel raid when they were carrying aid into Gaza

  • German WWII ghosts loom large in Ukraine crisis

    World War II still looms large in Germans' living memory and public discourse, shaping the perception of the Ukraine invasion.

    World War II still looms large in Germans' living memory and public discourse, shaping the perception of the Ukraine invasion

    Germans have reacted with outrage at Vladimir Putin's attempts to frame the war as a struggle against "neo-Nazi" aggressors plotting "genocide" on Russia's doorstep

  • Biden to announce $800m in new security aid to Ukraine: US official

    US President Joe Biden will announce $800 million in new security assistance to Ukraine Wednesday, a White House official said,...

    Biden had already authorized $200 million in additional military equipment to Ukraine on Saturday

    That came on top of $350 million authorized by Washington, also for military equipment, on February 26

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