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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.
  • Rights groups want Tunisia to revoke freedom-choking draft law

    The leaked draft law could permit authorities to dissolve civil society groups at will without going through the courts.

    A total 13 groups, which includes major organizations like Amnesty International and Human Rights Watch, oppose the draft.

    Draft laws in the North African country no longer go through parliament since its President suspended the legislature last year.

  • Saudi World Defence Show sees tensions between Russia, Ukraine

    Maxim Potemkov, sales director of one of the exhibiting Ukrainian companies, said there was a wall of silence between the...

    Russian military hardware at the World Defence Show in Riyadh this week far outstripped the display at the Ukrainian pavilion.

    The number of staff at the Ukrainian pavilion was severely diminished by the war, which broke out two weeks ago.

  • Saudi Arabian oil refinery hit by Yemen rebel drone attack

    Saudi energy ministry said the pre-dawn attack on the refinery in Riyadh caused a small fire that was brought under...

    The attack did not result in any injury or death, nor was the supply of oil or its derivatives affected, the ministry said.

    The Houthis said they fired three drones at the Aramco refinery and six more at the oil giant's facilities in the southwestern cities of Jizan and Abha.

  • Israeli lawmakers reinstate controversial citizenship law

    The law was passed after a fractious late night session that exposed deep fault lines in the governing coalition of...

    The law was passed after a fractious late night session that exposed deep fault lines in the governing coalition of Prime Minister Naftali Bennett

    Known as the "citizenship law", it reinstates a ban that was first enacted in 2003 during the second Palestinian intifada, or uprising.

  • Qatar third Gulf country to become major non-NATO ally of US

    Qatar became the third country in the Gulf region after Kuwait and Bahrain to be designated by the United States...

    The move gives Qatar special economic and military privileges in its relationship with the US.

    The US and Qatar have had close relations for years, collaborating on a number of issues, including the evacuation of Afghan refugees after Taliban takeover.

  • Facebook allows calls for violence against ‘Russian invaders’

    Facebook has temporarily eased its policy on violent speech after Moscow's invasion of Ukraine, allowing statements like "death to Russian...

    Besides unprecedented sanctions, Russia's invasion of Ukraine has also led to a surge of online anger and debates.

    The policy decision from Facebook and Instagram's parent Meta was met immediately with controversy, but the social media giant defended its change.

  • Saudi Arabia rescued 2 US women from Houthi rebels in Yemen

    The women were evacuated to the Saudi capital Riyadh, where they were met by US officials and received health checks.

    The young women were ‘mistreated and had restrictions imposed on their movements’

    They were visiting relatives in Sanaa, which was seized by Iran-backed Houthi rebels in 2014

  • IMF expects to cut global growth forecast due to Ukraine war

    The IMF in January cut the global growth forecast for 2022 to 4.4 percent due to the Omicron variant of...

    Russia’s invasion of Ukraine, and sanctions that include a US ban on Russian oil imports, are spilling over to the global economy

    These are causing costs for energy and other key commodities like wheat, fertilizers and metals to surge, the IMF has said

  • Russia, Ukraine fail to make progress at ‘difficult’ Turkey talks

    Russia and Ukraine on Thursday failed to find a breakthrough on a ceasefire and other humanitarian issues at the first...

    Kuleba said "no progress" had been achieved on even a 24-hour ceasefire, expressing frustration that "it seems that there are other decision-makers for this matter in Russia."

    He also repeated his vow that the country will not give in, saying "I want to repeat that Ukraine has not surrendered, does not surrender, and will not surrender."

  • Iran says US made ‘new demands’ in nuclear talks

    Tehran is locked in negotiations with world powers to revive the nuclear deal that offered it sanctions relief in return...

    Tehran is locked in negotiations with world powers to revive the nuclear deal that offered it sanctions relief in return for curbs on its atomic programme

    Iran's supreme leader Ayatollah Ali Khamenei, who has the final say in major state policies, meanwhile, stressed his country will not give up on elements of "national strength"

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