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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.
  • President Raisi of Iran arrives in Qatar for gas and nuclear talks

    Iran's President Ebrahim Raisi arrived in Qatar on his first visit to a Gulf Arab state Monday for a major...

    Raisi and Qatar's emir, Sheikh Tamim bin Hamad al-Thani, are also expected to discuss growing efforts to revive a stalled international deal to regulate Iran's nuclear program.

    Raisi has not traveled in the Gulf region since taking office in June, and it is only his fourth trip abroad

  • Qatar, Algeria sign agreement, executive program, two MoUs

    MoUs were about legal and judicial cooperation in criminal matters and the establishment of political consultations and coordination between the...

    MoUs were about legal and judicial cooperation in criminal matters and the establishment of political consultations and coordination between the two countries

    The two countries also signed the executive program in the field of higher education, scientific and technological research

  • Russia has lists of Ukrainians ‘to be killed or sent to camps: US warns UN

    The letter, which came as Washington warned of an imminent invasion by Russia, says the United States is "deeply concerned"...

    The letter, which came as Washington warned of an imminent invasion by Russia, says the United States is "deeply concerned" and warns of a potential "human rights catastrophe."

    The note, signed by Bathsheba Nell Crocker, US ambassador to the UN in Geneva, warns a Russian invasion of Ukraine could bring with it abuses such as kidnappings or torture

  • Lebanon electricity supply may rise to 8-10 hours a day soon

    Gas from Egypt and Jordanian electricity is expected to help Lebanon restore electricity supply to 8-10 hours a day soon.

    The Lebanese have been suffering a financial crisis that has led to power supply being restricted to a mere couple of hours per day

    The country even witnessed an all-encompassing blackout in October last year as power-generating fuel ran out in the country

  • Israel’s economy minister visits Morocco to cement trade ties

    The minister is visiting Rabat, economic capital Casablanca, and tourist hub Marrakesh as well.

    Israel Economy Minister Orna Barbivai arrived in Morocco for a visit aimed at developing economic and trade ties

    Rabat purchased Israeli defense technology after an a visit by the Israeli defense minister in November 2021

  • Moscow, Kyiv call for talks amid intense shellfire

    Ukraine and Russia called for intensified diplomatic efforts Sunday to avert all-out war, each blaming the other for a sharp...

    Macron and Putin then spoke for a second time late Sunday, the French presidency said

    Macron and Putin then spoke for a second time late Sunday, the French presidency said. Washington is warning a Russian invasion of Ukraine is imminent

  • Qatar Red Crescent Society project in Kurdistan benefits thousands

    QRCS Warm Winter campaign this year aims at meeting the food and winterization needs of around 42,040 families.

    The purpose of the project is to empower the displaced Iraqis and Syrian refugees at camps and beyond.

    This will help them to withstand the harsh conditions during the cold winter and improve their living conditions.

  • 461m Dubai riders used taxis, public and shared transport in 2021

    Nearly 461 million riders in Dubai used public transport, shared transport and taxis, which include metro, tram, public buses, marine...

    Dubai’s Roads and Transport Authority (RTA) said the number compares well with the number announced in 2020: about 346 million riders.

    The daily average of riders using mass transit means and taxis last year reached 1.3 million riders, compared to about 948,000 in 2020.

  • Jordan apprises US delegation of trade opportunities in kingdom

    A workshop held by the JCC and working meetings with a number of ministers and representatives of official entities, universities...

    The joint cooperation is to support economic cooperation, scientific research and joint business development

    The delegation met King Abdullah, and was briefed on trade and investment opportunities in the Kingdom

  • Iran MPs demand Western guarantees in nuclear talks

    Iranian MPs urged the government Sunday to secure Western guarantees at Vienna talks to restore the 2015 nuclear deal, state...

    In a letter addressed to President Ebrahim Raisi and read at parliament, 250 MPs out of the 290-strong assembly, set out several conditions for reaching a deal.

    It came amid growing signs over the weekend that a deal could be struck between Iran and world powers, including the United States.

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