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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.
  • UAE reaffirms commitment to OPEC+ pact, production adjustments

    The United Arab Emirates on Thursday reaffirmed its commitment to OPEC+ alliance agreements, a day after an envoy said it...

    A surge in prices and supply fears following Russia's invasion of Ukraine have led to calls for the Organization of the Petroleum Exporting Countries to increase output.

    The OPEC+ group plans to boost production by just 400,000 barrels a day in April, the same pace as in recent months.

  • UN tribunal convicts two in 2005 killing of former Lebanon PM Hariri

    A UN-backed tribunal on Thursday found two Hezbollah members guilty on appeal for the 2005 death of former Lebanese prime...

    Appeals judges at the Netherlands-based court said trial judges "erred" in 2020 by acquitting the two men---Hassan Habib Merhi and Hussein Oneissi.

    Hassan Nasrallah, the head of the Hezbollah movement, refused to hand over any of the suspects or to recognize the UN-backed court.

  • Iran blames US for working to ‘complicate’ nuclear talks

    Iran on Thursday accused the United States of working to "complicate" efforts to restore a 2015 nuclear deal, after new...

    It came on the day Iran's supreme leader Ayatollah Ali Khamenei stressed that his country will not give up on elements of "national strength"

    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 program

  • Russia accuses US of funding biological weapons research in Ukraine

    Russia on Thursday accused the US of funding research into the development of biological weapons in Ukraine, as Moscow stepped...

    Russian defense ministry said that "the purpose of this was to establish a mechanism for the stealthy spread of deadly pathogens

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

  • Ukraine war affects green energy transition

    The EU, IEA, and NGOs stress that the development of renewable energy sources and biogas must be accelerated.

    The global demand for the dirty fossil fuel reached a historic high in 2021 as several countries including China prefer it to pricier gas

    Some countries could burn coal for longer, using it to transition to renewable energy sources without passing through a gas-power phase

  • World clamors will air hit TV series starring Zelensky

    The famous TV series shows Zelensky as a high school teacher propelled to the presidency after a student's video of...

    Broadcasters around the world have been seeking to show Zelensky's TV show 'Servant of the People' in act of solidarity with Ukrainians

    The TV series was first aired in 2015, and its success propelled Volodymyr Zelensky to the presidency in real life

  • Pressure mounts on Russia as it ravages Ukraine

    Video shared from a children’s hospital in Mariupol hit by shelling showed a scene of complete devastation, with the wounded...

    A local official said the attack wounded at least 17 staff, though no deaths were immediately reported

    Russia did not deny the attack, but accused Ukraine of using the hospital to set up firing positions from the hospital

  • EU parliament demands to end ‘golden passport’

    The Parliament has asked member states to ban Russian applications of 'golden passport' as Russian in particular benefit from these...

    MEPs have voted for a non-binding Bill against granting citizenship on financial grounds

    Lawmakers in EU parliament have also demanded EU-wide rules on "golden visas"

  • Britain urges all G7 members to ban Russia oil imports

    The US has led a Western assault on Russia's economic lifeline by banning imports of oil and gas followed by...

    The British foreign secretary, standing alongside US Secretary of State Antony Blinken, hailed transatlantic unity against Russia

    Blinken called absurd and offensive the Russia proposal of safe passage of Ukrainians through its own territory

  • Turkey hosts peace talk between Russia and Ukraine

    Russia's foreign ministry confirmed that Lavrov would be attending the meeting on the sidelines of a diplomatic forum organized by...

    Recep Tayyip Erdogan has pushed Turkey to play a mediation role between Russia and Ukraine to initiate peace talk

    Erdogan has called Russia's invasion of neighboring Ukraine 'unacceptable', but at it did not emulate Western sanctions

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