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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.
  • Saudi king calls for end to ‘heinous crimes’ in Gaza

    In his Ramadan message, King Salman while giving thanks for the blessings bestowed upon the kingdom said the war in Gaza would cast a shadow during the holy month. He said "our hearts are heavy with sorrow for the ongoing suffering of our Palestinian brothers facing relentless aggression."