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crisis

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.
  • Aid groups warn of outbreak of disease in Libya after floods

    Several aid organizations have warned of the outbreak of disease in the port city of Derna, after Sunday's flood submerged it, washing thousands of people and homes out to sea. The flooding left behind a trail of devastation after two upstream dams burst under the pressure of torrential rains triggered...