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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.
  • Ballistic missiles from outside target Arbil in Iraq

    US interests and coalition troops in Iraq have regularly been targeted in rocket and armed drone attacks. They have never...

    Kurdistan Prime Minister and US state department have condemned the attack, which did not lead to any casualty

    A news channel channel has posted photos on social media showing its damaged offices, with a collapsed false ceiling and broken glass

  • Rising food prices shake North Africa as Ukraine war rages

    Tunisia, Morocco, and Libya, along with several other Arab countries, import much of their wheat from Ukraine and Russia.

    Tunisia imports almost half of the wheat used to make bread from Ukraine, and authorities say it has enough supplies to last three months

    Oil-rich Libya gets about 75 percent of its wheat from Russia and Ukraine, and Morocco too relies heavily on the same source for supplies

  • Russia bears down on Ukraine as talks signal progress

    As Russia continues to attack cities across Ukraine in general and Kyiv in particular, talks between the two countries are...

    Mayor Vitali Klitschko said Kyiv, described by a senior Ukrainian official as a ‘city under siege’, was reinforcing defenses and stockpiling food and medicine

    Buses were continuing to bring refugees into the city from the hard-hit suburbs, Klitschko said in a video message, adding: ‘We will not give up’

  • Saudi Arabia executes 81 in a single day over terrorism

    Saudi Arabia said Saturday it executed 81 people in one day on a variety of terrorism-related offenses, exceeding the total...

    All had been "found guilty of committing multiple heinous crimes", the official Saudi Press Agency (SPA) reported

    SPA said all those executed were tried in Saudi courts, with trials overseen by 13 judges over three separate stages for each individual

  • Iran mocks US failure to stop exports of oil cargo

    Iran said that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject...

    The comments by Iran's oil minister, Jawad Owji, came after US court documents showed the United States had seized the cargo of two tankers accused of carrying Iranian crude

    The United States had previously issued a number of warrants to seize the cargo of tankers carrying Iranian oil to different countries

  • Condemnation pours in after Houthi attack on Saudi refinery

    From the UAE to Egypt, Jordan, and Bahrain, and from the OIC to the Arab Parliament, the attack is being...

    Regional and global condemnation is pouring in after a drone strike by the Houthi rebels of Yemen hit Saudi Arabia

    The pre-dawn attack on Friday caused a fire but did not disrupt supplies, officials have said

  • US says it is up to Russia, Iran to revive nuclear deal

    US State Department spokesman Ned Price has said the US has announced a pause on nuclear negotiation with Iran, and...

    Vienna talk between world powers and Tehran appeared close to its goal until Russia's sudden demand on nuclear accord

    The US said that western sanctions on Russian in response to invading Ukraine are entirely unrelated to the JCPOA

  • Ukraine war to ‘deeply destabilise’ food supply in Europe, Africa: Macron

    “Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now...

    “Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now in Ukraine,“ Macron told reporters

    The French leader added that still more economic punishment would be piled on Russia if it continues its invasion of its neighbour

  • US seized cargo of ships allegedly carrying Iranian crude

    Several weeks ago US authorities seized the oil which they said left Iran in 2020 and was then transferred to...

    Several weeks ago US authorities seized the oil which they said left Iran in 2020 and was then transferred to other vessels using surreptitious means.

    The court case was made public only recently, after the oil was resold for between $38 million and $45 million

  • UN dismisses Russia claim of Ukraine-US bioweapons

    Russia called a meeting of the 15-member Security Council to repeat its previously made, unsubstantiated claims that Ukraine, with US...

    Washington and Kyiv have denied the existence of laboratories intended to produce biological weapons in Ukraine

    Linda Thomas-Greenfield, the US' envoy to the UN, accused Russia of requesting the meeting jut so it could spread disinformation’

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