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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.

Saudi presidency of ARADO Executive Council renewed for 2022-24

  • The renewal came at ARADO's  57th session held on May 19, 2022, at the organization's headquarters in Cairo,.
  • The memberships of the UAE, Sudan, Oman, Kuwait, Egypt, and Morocco were renewed.

The General Assembly of the Arab Administrative Development Organization (ARADO) renewed the presidency of Saudi Arabia for the organization’s Executive Council for the period 2022-2024.

The renewal came at ARADO’s  57th session held on May 19, 2022, at the organization’s headquarters in Cairo, where also the memberships of the UAE, Sudan, Oman, Kuwait, Egypt, and Morocco were renewed.

The ARADO, which was founded in 1961 as a specialized body affiliated with the Arab League, is aimed at achieving administrative development in the Arab countries, to serve the comprehensive development strategy.

The organization directs its efforts and provides its services and programs to the Arab member states of the organization. The renewal process of the presidency and memberships of the Executive Council is carried out with unanimous approval of the member states of the organization during its General Assembly meeting.