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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.
  • Jordanian-German corporate partnership program launched

    Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany.

    Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany

    The program is an opportunity to exchange expertise to promote exports to German counterparts, she added

  • Saudi Crown Prince opens up on every little thing

    Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important...

    The crown prince said he was leaning towards taking Saudi Arabia towards the ‘real teachings’ of Islam

    He also said the country was working towards codifying Islamic law as had been handed down directly by the Prophet

  • UAE sends 46 tons of food supplies to Malawi

    Over the past 10 years, the UAE has reportedly sent relief supplies to Malawi amounting to AED85.3 million ($23.23 million).

    The aid is expected to support efforts to meet children's needs for food and nutritional supplements in several villages and regions

    The UAE has reiterated its commitment to a humanitarian approach that supports emergency relief for countries in need

  • US lawmakers seek to halt Russian oil imports

    US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil.

    US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil

    But the White House later warned that such a step could cause further jumps in oil prices

  • Saudi Arabia offers to mediate between Russia and Ukraine

    Prince Mohammed bin Salman called for a "political solution" after the Russian invasion and also reiterated his support for the...

    Arab countries in the Gulf, including Saudi Arabia, have mostly refrained from criticizing the invasion by Russia

    On Wednesday, however, they voted for a UN General Assembly resolution urging Russia to withdraw from Ukraine

  • US says Iran nuclear deal ‘close’ but not certain

    Negotiators meeting in Vienna to try and salvage the 2015 nuclear deal, which is meant to prevent Tehran from acquiring...

    The agreement was between Iran on one side and Germany, China, the United States, France, Britain, and Russia on the other

    It unraveled when former US president Donald Trump, with Israeli encouragement, unilaterally withdrew from it in 2018

  • Fire at Ukrainian nuclear plant after Russian forces attack

    Russian troops attacked Europe's largest nuclear plant on Friday, starting a fire at the Ukrainian facility, with the country's leader...

    President Volodymr Zelensky accused Moscow of trying to "repeat" the Chernobyl nuclear disaster

    Images on a live feed from the site earlier showed blasts lighting up the night sky and sending up plumes of smoke

  • Israel could be ‘potential ally’ for Saudi Arabia: Crown Prince

    Saudi Crown Prince Mohammed bin Salman has said Israel could be a "potential ally" of Riyadh, in remarks published Thursday....

    Saudi Arabia does not have diplomatic relations with Israel.

    But in 2020 two of its main Gulf allies -- Bahrain and the UAE -- normalized ties with Israel, becoming the third and fourth Arab states to do so after Egypt and Jordan.

  • France says worst yet to come in Russia-Ukraine conflict

    France on Thursday expressed fear that the worst phase of Russia's war on Ukraine could be yet to start, with...

    France Foreign Minister said that Ukraine's resistance against Russian invasion could lead to cities being targeted

    The minister warned Kharkiv in the east, Mariupol in the south and Kyiv itself were at risk of encirclement by Russia

  • Libya PM-in-waiting accuses rival of blocking swearing-in

    The Libyan parliament's pick for prime minister has accused his rival in Tripoli of blocking ministers-in-waiting from traveling to the...

    Former interior minister Fathi Bashagha was appointed last month by the war-torn country's parliament in the eastern city of Tobruk

    Libya's parliament has been based in the eastern city of Tobruk, hundreds of miles (kilometers) east of Tripoli, since an east-west schism in 2014

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