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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.

Iraq virus surge strains health system after Covid unit fire

    • The country reports highest number of Covid cases this month at 9,635

    • Nearly 1.5 million Covid-19 cases have been reported in Iraq so far

    Iraq’s health ministry reported 9,635 new coronavirus cases Wednesday, the highest figure this month, days after a medical facility fire killed dozens and re-ignited anger over the country’s failing health system.

    Nearly 1.5 million Covid-19 cases have been reported in Iraq since the start of the pandemic, including more than 17,000 deaths, overwhelming hospitals crippled by decades of conflict and corruption.

    The newly spiking caseload comes two days after a flames ripped through a Covid quarantine facility in the southern city of Nasiriya on Monday, killing at least 60 people.

    Exploding oxygen canisters sparked a fire that also injured dozens, according to the health ministry.

    It was the second such fire in Iraq in three months.

    An April fire at a Baghdad Covid hospital killed 82 people and was also blamed on an explosion of badly stored oxygen bottles.

    Iraq’s hospitals have been worn down by decades of conflict, graft and poor investment, and face severe shortages of medicines and hospital beds.

    (With AFP inputs)