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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.
  • Israelis, Arabs, Iranians in harrowing exodus from Ukraine

    More than 10,000 Arab students have also attended university in Ukraine, drawn to the former Soviet republic by its low...

    The evacuees had been forced to make harrowing escapes through the war zone to board flights in neighboring countries

    They had to do this after Ukraine closed its airspace to civilian traffic at the start of the invasion by Russia last week

  • World Bank announces more than $1bn in aid for Afghanistan

    The objective of the new aid provided by World Bank is to "protect vulnerable Afghans and help preserve human capital...

    The World Bank has redirected the funds to UN and UNICEF in response to the humanitarian crisis in Afghanistan

    Multi-donor fund ARTF has coordinated international aid to improve the lives of millions of Afghans until the Taliban took over

  • Biden slams ‘dictator’ Putin and his war in Ukraine

    US President Joe Biden on Tuesday branded his Russian counterpart Vladimir Putin a "dictator" facing withering economic and diplomatic isolation...

    Biden made clear there would be no US boots on the ground in the week-old war on Europe's doorstep

    "A Russian dictator, invading a foreign country, has costs around the world," Biden said

  • Egypt’s Suez Canal Authority announces hike in passage tolls

    Egypt's Suez Canal Authority announced Tuesday additional tolls for transiting vessels including fuel tankers, as oil prices soar in the...

    Petroleum gas tankers will see a 10 percent hike on passage fees while liquefied natural gas carriers and general cargo ships will incur a seven percent increase.

    Ships carrying petroleum products will be hit with a five percent rise under the new tolls, which are effective immediately.

  • Arabs decry ‘racist’ double standard in Ukraine media commentary

    Arabs noted that while the toll of war may be similar in the respective conflicts, the media treatment is not....

    The Arab and Middle Eastern Journalists' Association condemned "examples of racist news coverage that ascribes more importance to some victims of war than others".

    For Syrians, the disparity in media treatment is particularly striking as Russia launched a bloody intervention to prop up Bashar al-Assad's regime more than six years ago.

  • Cyprus president arrives in Riyadh to discuss bilateral cooperation

    Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region.

    Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region

    The two countries will discuss bilateral cooperation and the regional situation

  • Italy looks to Algeria to cover possible gas shortage

    Italy imports around 95 percent of the gas it uses, and around 45 percent of that comes from Russia.

    Russia last week invaded Ukraine, causing the United States and its allies to impose sanctions on Moscow

    The conflict also sparked alarm among countries like Italy, which depend on Russia for their energy needs

  • GCC wants to expand strategic partnership with India

    The remarks were made during the GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi...

    The remarks were made during GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi Arabia Dr. Ausaf Sayeed

    Al-Hajraf praised the level of bilateral relations between the GCC and India in light of the framework agreement for economic cooperation signed between the two sides in 2004

  • Jordan king meets with US CENTCOM commander

    The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the...

    The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the United States

    Discussions also addressed regional and international efforts to fight terrorism, within a holistic approach

  • Must conclude Iran nuclear talks this week, says France

    The negotiations to revive the deal involve Iran as well as France, Germany, Britain, Russia and China directly, and the...

    All sides have signaled progress in the talks, but Iran has said that the West still needs to decide on some key issues

    Parties to the 2015 deal saw it as the best way to stop the Islamic republic from building a nuclear bomb

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