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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.
  • Iran wants better relation with neighbors, says official

    Since connecting with neighbors is of utmost importance in Iran’s foreign policy, the current administration has set a transparent framework...

    President Ebrahim Raisi has time and again emphasized the development of mutual ties with neighboring countries, said the official

    The country's Ministry of Foreign Affairs has put on agenda several programs regarding its neighbors nations

  • Russia preparing full-scale invasion of Ukraine, says US

    Russia has now put in place 70 percent of the forces it would need for such an attack, US officials...

    Russia is said to have assembled as many as 110,000 troops along its border with Ukraine

    However, US intelligence has not determined if President Vladimir Putin has actually decided to invade

  • Jordan and US talk ties and renewed partnership

    Jordan’s Foreign Minister Ayman Safadi, who is also the deputy prime minister, praised the US for its support for his...

    The trio reportedly discussed the newly-signed MoU on the two countries’ partnership

    The new MoU replaces the previous one that will end at the end of September this year

  • Morocco mourns as boy, stuck in a well for days, found dead

    Through the days-long operation to extricate little Rayan Oram from the bottom of the 32-meter (100-foot) well shaft near the...

    Rescuers did not give up hope of recovering the child alive, although officials acknowledged they had no firm evidence of his condition

    Rescuers had tried to get oxygen and water down to the child, but it was not clear whether he was able to use them

  • Iran says Russia will invest $83.58m in Sirik power plant

    Iran has confirmed that Russia will invest $83.58 million in Sirik power plant based in southern Iran.

    After discussions, the Russian Ministry of Finance agreed to invest in the 1400-megawatt (MW) gas-powered plant

    Some seven Iranian companies are working in the project, employing 250 manpower directly and indirectly

  • Iran terms US sanctions relief ‘good but not enough’

    US steps on lifting sanctions are "good but not enough", Iran said Saturday, following Washington's announcement it was waiving sanctions...

    The US action came as talks to restore a 2015 deal between Tehran and world powers over its nuclear program reached an advanced stage

    The secretary of Iran's Supreme National Security Council also reflected Tehran's view that the US move falls short

  • UAE and China resolve to bolster economic ties

    Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces,...

    President Xi Jinping thanked Sheikh Mohammed bin Zayed for attending the opening ceremony of the Olympic Winter Games

    Sheikh Mohammed attended a grand banquet hosted by the Chinese president to welcome the dignitaries from across the world

  • Iraq keen to benefit from Egypt: Central Bank Governor

    Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on...

    Iraq’s Central Bank Governor Mustafa Ghaleb met Mohamed Abdel Wahab, CEO of the Egyptian General Authority for Investment and Free Zones

    Mustafa Ghaleb praised "the development witnessed by the Arab Republic of Egypt in all sectors, especially the business and investment sector"

  • Palestinian PM calls for Israel’s exclusion from African Union

    Palestinian prime minister Mohammed Shtayyeh has urged the African Union to withdraw Israel's observer status as heads of state from...

    The relationship with Israel is a rare point of contention for a body that values consensus and is expected to dominate the Addis Ababa summit

    The dispute erupted last July when Moussa Faki Mahamat, chair of the African Union Commission, accepted Israel's accreditation to the bloc

  • Saudi Crown Prince, Egypt’s al-Sisi attend Xi Jinping’s banquet

    Saudi Arabia's Crown Prince Mohammed bin Salman and Egypt's President Abdel Fattah al-Sisi attend the banquet hosted by Chinese President...

    Dozens of dignitaries were treated to musical performances and a traditional handicrafts display alongside the meal at the Great Hall of the People

    This week's meetings are a striking change for Xi, who has avoided traveling abroad or meeting foreign visitors face-to-face since the start of the Covid-19 pandemic in 2020

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