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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.
  • Turkish-Armenian writer to be deported after arrest in Greece

    The writer was jailed in Turkey in 2014 on charges of illegal construction, which he claims were punishment for his...

    A prominent Turkish-Armenian writer living with temporary permit in Greece after fleeing a Turkish prison faces deportation

    The blogger had been convicted in Turkey of blasphemy over a 2012 blog defending an anti-Islam film

  • Russia, Iran eye trade and economic collaboration

    Russian President Vladimir Putin has invited Iran’s President Ebrahim Raisi in Moscow for discussion over expanding strategic cooperation.

    A treaty on mutual relations and principles of cooperation between Iran and Russia turned 20 on March 12, 2021

    The diplomatic apparatus of Russia and Iran described the treaty as a turning point in both countries’ relationship

  • US pledges $99 million to cash-strapped UNRWA

    Last week, a top UNRWA official said long-running budget shortfalls had forced the agency to introduce austerity measures.

    The UN agency is suffering an unprecedented financial shortfall

    It has already called on donors for long-term funding to continue working

  • UN asks Yemen govt to add new equipment to Sanaa airport

    Flights into the rebel-held capital Sanaa have been largely halted by a blockade since August 2016, but there have been...

    Yemen has been wracked by civil war since 2014, with the government supported by the Saudi-led coalition

    On the other side are the Iran-backed Houthi rebels, who control much of the north, and reopened the airport on December 27

  • Gaza rockets fall into sea off Tel Aviv: Israel army

    It was unclear who fired the projectiles as Hamas, the Palestinian Islamist group that controls Gaza, did not claim responsiblity.

    It was unclear who fired the projectiles as Hamas, the Palestinian Islamist group that controls Gaza, did not claim responsiblity

    No sirens were sounded and Israel's Iron Dome rocket interception system did not deploy, the army added.

  • UAE sets several records as world ushers in 2022

    Hope remains for a better new year amidst scaled-back celebrations due to new restrictions aimed at slowing soaring Covid cases.

    Sheikh Zayed Festival in Al Wathba has set three Guinness World Records with a dazzling fireworks display that lasted for 40 minutes to welcome 2022

    From Seoul to San Francisco, celebrations were again cancelled or curtailed in the face of the surge in infections

  • Armenia to lift ban on Turkish imports as envoys set to meet

    Earlier this month Turkey and Armenia named special representatives to work on the normalisation of ties.Turkey will be represented by...

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

  • Saudi boosts pandemic measures at Makkah’s Grand Mosque

    Saudi Arabia on Thursday reimposed social distancing measures at the Grand Mosque in Makkah, after recording the highest number of...

    Workers have returned floor markings removed on October 17 to guide people to social distance in and around the Grand Mosque.

    The kingdom has recorded 8,874 Covid deaths, the highest number of fatalities among the Gulf Arab countries.

  • Critics of Turkish lira slide threatened with lawsuit

    Finance Minister Nureddin Nebati urged citizens to sue economists who comment on social media about the lira's slide. His remarks...

    Lira entered a tailspin that saw it lose nearly half its value from the start of November to the moment President Erdogan announced new currency support measures last week.

    Nebati accused the commentators of using "psychological warfare" by urging Turks to buy gold and dollars in order to preserve their savings against further lira declines.

  • Iran making efforts to ease travel of expats to country: Ebrahim Raisi

    Iranian expats are free to travel to and from the country and the government's plans and decisions should ensure that...

    President Raisi said "ill-wishers of the Iranian nation" were intimidating Iranian expatriates so that they will not come back to their country.

    Iranian laws recognizes even the second and third generation Iranians abroad as Iranian citizens.

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