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Dubai

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.
  • Heavy floods hit Dubai airport as Oman death toll rises to 18

    Dubai, the Middle East's financial center, was paralyzed by the heavy storms that caused widespread flooding around the United Arab Emirates and Bahrain. Flagship shopping centers Dubai Mall and Mall of the Emirates both suffered flooding and water was ankle-deep at least one Dubai Metro station.