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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.
  • Oil nears $100 as Western powers prepare sanctions against Russia

    The jump in oil prices is compounding worries about inflation around the world, with the US Federal Reserve coming under...

    That has in turn battered equity markets in recent months, and the latest developments out of Europe led to another day of hefty selling on Tuesday.

    Russia's recognition of the breakaway regions of Ukraine will "strongly increase" economic uncertainty for the EU, its economy commissioner Paolo Gentiloni said.

  • World leaders congratulate Saudi Arabia on its Founding Day

    Saudi Arabia celebrated the anniversary of its founding day about three centuries ago. The anniversary of Saudi Arabia's founding day...

    The anniversary of Saudi Arabia's founding day coincides with 22 February 1727, since the era of Imam Mohammad bin Saud, the ruler of Diriyah.

    Pakistan Prime Minister Imran Khan the kingdom further progress and prosperity.

  • Iran calls for ‘restraint’ in Ukraine, blames West

    Iran urged "restraint" from both Russia and Ukraine on Tuesday while blaming the United States and NATO for the sharp...

    President Vladimir Putin announced late Monday that Russia recognized the independence of Ukraine's separatist-held Donetsk and Lugansk regions

    "The Islamic Republic of Iran calls on all parties to exercise restraint and avoid any action that could aggravate tensions," a foreign ministry statement said

  • Bags packed, Ukrainians at frontline brace for Russian invasion

    Locals residing in border area are angered at both Russian President Vladimir Putin and Ukraine's Western-backed leader Volodymyr Zelensky for...

    Some Avdiivka residents who have stayed through the worst months of Ukraine's eastern separatist war are now preparing to evacuate Aris Messinis

    The official toll now of causalities is still small as one civilian and two Ukrainian soldiers have been killed by Kyiv in last week

  • World leaders condemn Russian decision on Ukraine

    Western powers reacted swiftly to Monday's decision by Russian President Vladimir Putin to recognise the independence of the two self-proclaimed...

    The leaders of France, Germany and the United States condemned Putin's move as a "clear breach" of the Minsk peace agreements

    French President Emmanuel Macron, German Chancellor Olaf Scholz and US President Joe Biden agreed that "this step will not go unanswered"

  • US, allies lambast Russia over Ukraine at UN Security Council

    The United States and its allies rounded on Russia during an emergency Security Council session Monday, denouncing Vladimir Putin's recognition...

    "He calls them peacekeepers. This is nonsense. We know what they really are," Thomas-Greenfield said

    Ukraine's ambassador Sergiy Kyslytsya insisted that his country's borders remain "unchangeable" despite Russia's actions

  • Putin recognises independence of pro-Russian separatists in Ukraine

    Russian President Vladimir Putin on Monday recognised the independence of two separatist regions in eastern Ukraine in an emotional address...

    State broadcasts then showed Putin signing mutual aid and friendship agreements with rebel leaders in the Kremlin

    At the end of his lengthy speech, Putin asked Russia's upper house of parliament, the Federation Council, to "support this decision".

  • Egypt and France begin military drills in the Mediterranean

    Egypt has kicked off joint air and naval drills with France, one of its biggest arms suppliers, in the Mediterranean,...

    "Egypt and France are carrying out the 'Ramses 2022' naval and air exercises in the Mediterranean... which will last several days," army spokesman Gharib Abdelhafiz said

    The spokesman added that the drills also seek "to secure vital targets in the Mediterranean"

  • Using alternative sources of energy saved UAE $191 bn: Suhail Al-Mazroui

    UAE has saved $191 billion by using alternative sources of energy, according to Suhail Al-Mazroui, UAE energy minister. Speaking at...

    Energy minister Suhail Al-Mazroui said his country is working on 40 international projects helping other countries implement solar and wind projects.

    UAE has plans to capture 25 percent of the global hydrogen market share, Al-Mazroui told IPTC 2022 Riyadh.

  • Algeria’s complex relations with former occupier

    The two countries had surprisingly good relations for the first four decades, and it was only in the 1990s that...

    French historians say half a million civilians and combatants died -- 400,000 of them Algerian -- while the Algerian authorities insist 1.5 million were killed.

    In 2013, Algeria allowed French forces to use its airspace to reach Mali, where they were battling militants.

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