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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.
  • Iran’s long-lasting love for gemstones believed to have divine power

    Common beliefs associated with gemstones are largely what motivates people to buy them, said Hassan Samimi, a lapidary at the market near the shrine of Shah Abdolazim. Iran subsequently declared the ring "cultural heritage" and a "national asset", Samimi says demand for gemstones has remained relatively steady despite Iran's severe...