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Economy

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.
  • US envoy blames Iran, Hizbollah for aiding Houthi attacks

    The US special envoy for Yemen, Tim Lenderking, told a Senate subcommittee that Iran was "equipping and facilitating" the Huthi attacks, which have triggered retaliatory US and British strikes on Yemen. He said many Iranian and Hizbollah operatives support Houthi attacks from inside Yemen.