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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.
  • Ukraine: Trudeau announces Canada ban on Russian oil imports

    “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President...

    “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President Putin and his oligarchs greatly,” Trudeau told a news conference

    Canada, with the fourth largest reserve in the world, is a net oil exporter, but still imports significant amounts from countries including the United States and Saudi Arabia

  • Turkey blocks warships from Bosphorus, Dardanelles

    "We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister...

    "We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister Mevlut Cavusoglu said

    The 1936 Montreux Convention governs the free movement of commercial ships in peacetime through the Bosphorus and the Dardanelles straits

  • US expels 12 Russian UN staff for ‘espionage activities’

    The announcement of the expulsion came on the last day of Russia's presidency of the UN Security Council and it...

    The US deputy ambassador to the UN said the 12 members of Russia's UN mission had engaged in non-diplomatic activities

    A Russian diplomatic source later said the expulsion decision did not target either the ambassador or his two senior deputies

  • Bangladesh to partner with UAE to boost trade in Middle East

    The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to...

    Bangladesh’s Prime Minister Sheikh Hasina is likely to launch the business council

    The business council is expected to strengthening the trade relations with the UAE

  • Bahrain eyes cooperation with Germany in aviation, tourism

    Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...

    Bahrain's Minister stressed the importance of attracting more expertise and investments.

    He also highlighted the incentive packages provided by Bahrain for overseas investors.

  • Arab League plays safe, calls for diplomatic solution in Ukraine

    The Arab League on Monday expressed its worry over Russia's invasion of Ukraine and called for a "diplomatic solution," as...

    Most Arab countries so far have not come down on one side or the other in the war

    Middle East and North African governments are cautious in their response to Russia, a major supplier of the region's wheat and weapons.

  • UN Security Council extends Yemen arms embargo to all Houthi rebels

    The UN Security Council voted Monday to extend to all of Yemen's Houthi rebels an arms embargo that until now...

    Yemen has been embroiled since 2014 in a civil war between the Iran-backed Houthis and the internationally recognized government supported by a Saudi-led military coalition.

    Russia, which is close to Iran, voted in favor of the resolution targeting the rebels.

  • Iran says awaits ‘political decisions’ of Western parties in nuclear talks

    All sides to the negotiations have signaled progress in the talks being held in the Austrian capital, but add that...

    Parties to the 2015 deal saw it as the best way to stop Iran from building a nuclear bomb -– a goal Tehran has always denied.

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

  • Saudi Deputy Defense Minister meets Abu Dhabi’s Crown Prince

    Prince Khalid bin Salman conveyed the greetings of the Custodian of King Salman bin Abdulaziz Al Saud.

    Prince Khalid bin Salman conveyed the greetings of the Custodian of King Salman bin Abdulaziz Al Saud

    The two kingdoms discussed strategic cooperation and the developments in the regional and international arena

  • Russia on nuclear alert as Ukraine fiercely resists invasion

    President Vladimir Putin ordered on Sunday Russia's nuclear forces onto high alert in response to what he called ‘unfriendly’ steps...

    Russia invaded on Thursday and quickly announced it had neutralized key Ukrainian military facilities, but fierce fighting has since raged

    Ukraine forces, backed by Western arms, are stymieing the advance of Russian troops, while the US leads Western condemnation and sanctions

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