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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 ready to negotiate with US but not under ‘maximum pressure’: minister

    In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its nuclear programme in return for the easing of international sanctions. However, in 2018, during his first term, Trump unilaterally withdrew the United States from the agreement and reinstated heavy sanctions...
  • Iran to join Shanghai alliance with China, Russia next week: Lavrov

    Moscow, Russia -- Iran will be formally approved as a member of the regional Shanghai Cooperation Organization with China, Russia and Central Asian countries, Russian Foreign Minister Sergei Lavrov said Friday."At the meeting of heads of state on July 4, the full membership of Iran will be approved," Lavrov said at...
  • Dangerous provocation: Muslim nations condemn Quran burning

    Under a heavy police presence, Salwan Momika stomped on the Quran before setting several pages alight in front of Stockholm's largest mosque. Police in the Swedish capital had granted him a permit for the protest but said later they had opened a probe into the man over "agitation".
  • Iran takes Canada to UN court over terror compensation

    The UN's top tribunal said on Wednesday that Iran has taken Canada to the International Court of Justice for allowing victims of alleged terror attacks to claim damages from Tehran. Iran asked ICJ to make Canada overturn a law passed in the same year that allows victims to collect damages...
  • Qatar to ramp up investment and economic cooperation with Iran

    Tehran, Iran-- Qatar has renewed its willingness to boost economic cooperation with Iran, ramping up investment in order to strengthen the overall relations between the two countries.In a phone call on Tuesday with the Iranian President Ebrahim Raisi, the Emir of Qatar Sheikh Tamim bin Hamad Al Thani voiced his...
  • Iranian pilgrims at ease during hajj post Riyadh-Tehran detente

    MECCA, SAUDI ARABIA- If a landmark reconciliation between Saudi Arabia and Iran has eased tensions in the Gulf, clouds have also lifted at the hajj pilgrimage, where Iranian visitors finally feel welcome again.Seven years of enmity between the Sunni and Shiite powers had made for a cool reception for Iranian pilgrims...
  • Israel summons Ukraine envoy over pro-Russia accusation

    On Sunday, the Ukrainian embassy charged that "the current Israeli government" had "opted for a path of close cooperation with the Russian Federation". It noted a "near absence of Israeli humanitarian assistance to Ukraine" and a recent statement by Prime Minister Benjamin Netanyahu that Israel needed to cooperate with Russia...
  • Qatar and Iran agree to deepen ties in labor sector

    Tehran, Iran-- Qatar and Iran have agreed to bolster ties in the labor sector with the aim of raising capacities, exchanging experiences, developing a consultation mechanism between the two countries, exchanging experiences in the field of vocational and technical training and training centers.In this connection, the Qatari-Iranian Joint Committee in...
  • Ready for prisoner swap with US, says Iran

    Iran said it was hoping indirect talks with the United States could lead to a "positive" outcome for a prisoner swap. Iran announced earlier this month that it was engaged in Oman-mediated talks with its arch-nemesis the United States over its nuclear deal and a possible prisoner exchange.
  • Future of Iran-UAE relations promising: Reza Ameri

    Tehran, Iran-- The future of relations between Iran and the United Arab Emirates is promising and in line with the interests of both nations, according to Iran's ambassador to the UAE."The two countries intend to find ways to have warmer and closer relations in light of developments in the region...
  • Iran’s oil exports surge to 1.9 million barrels per day in May

    In spite of economic sanctions imposed by the Western governments against Iran, the country has seen its oil exports surge in May to 1.9 million barrels per day. According to its oil minister, the energy diplomacy and its strengthening relations with countries in Asia, Africa, and Latin America have helped...
  • Iran dismisses US claims on Russia’s use of Shahed drones in Ukraine war

    Tehran, Iran--Iran’s permanent mission to the United Nations has rejected the claim by the United States and its allies about Russia’s use of Iranian drones in the Ukraine war.The mission in a statement on Friday said the "anti-Iran claims" are aimed to influence the six-month periodic report of UN Secretary-General...
  • Iran foreign minister rounds out Gulf tour with UAE visit

    Hossein Amir-Abdollahian's visit to the UAE followed stops in Qatar, Kuwait and Oman -- the latest in a flurry of diplomatic moves by Tehran as it seeks to reduce its isolation, improve its economy and project strength. He discussed "bilateral relations and ways to enhance cooperation" with UAE President Sheikh...
  • Iran foreign minister holds talks with Omani counterpart

    ran said last week it had been engaged in indirect negotiations with the United States through Oman, with nuclear issues, US sanctions and detainees on the agenda. The following day, Iran's nuclear negotiator said he had met with diplomats from three European countries in Abu Dhabi to discuss a number...
  • Resumption of Saudi-Iran relations: A step towards regional, economic stability or a strategic play?

    The peace deal has ignited debates on its potential to transform Middle East from a region hit by conflicts to a peaceful place. Dive into an in-depth analysis from TRENDS.
  • Resumption of Saudi-Iran relations: A step towards regional, economic stability or a strategic play?

    The bilateral peace agreement has sparked intensified debates about its potential to transform the Middle East from a conflict-ridden region to peaceful and prosperous place.
  • Qatar signs 27-year gas supply deal with Chinese firm

    The agreement, to supply four million tons annually to the China National Petroleum Corporation (CNPC), matches the terms of a November deal with China's Sinopec as the longest ever seen in the industry.
  • Exiled Iranian opposition outraged after Paris police block proposed rally

    PARIS, FRANCE -  A major exiled Iranian opposition group on Tuesday expressed fury after Paris police refused to grant permission for a major rally next month, on the grounds it risked creating tensions and being the target of an attack.The National Council of Resistance of Iran (NCRI), a coalition that includes...
  • US supports China’s bid to advance Middle East peace

    Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.
  • Iran blames US, France and many others for fomenting Amini protests

    Kazemi alleged that the United States, the United Kingdom, France, Germany, Canada, Belgium, Italy and Iran's arch-foe Israel were among the countries involved in inciting the protests, according to excerpts of an interview published by state media. Saudi Arabia, with which Iran has recently resumed diplomatic ties after a seven-year rupture,...
  • Iran’s foreign minister arrives in Qatar to boost ties

    Tehran, Iran-- Looking to give a further boost to the relations between the two countries, Iran's Foreign Minister Hossein Amir-Abdollahian arrived in Doha to discuss bilateral relations, as well as major regional and international developments, with high-ranking Qatari officials.Amir-Abdollahian left Tehran for Qatar’s capital late Monday on an official invitation...
  • US supports China’s bid to advance Middle East peace

    Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.
  • UAE, Qatar restore ties, after six-year-long estrangement

    According to Qatar's foreign ministry, Doha will reopen embassy in Abu Dhabi and its consulate in Dubai immediately. The UAE too will throw it embassy open in Doha. The UAE's Foreign Minister, Sheikh Abdullah bin Zayed, spoke to Sheikh Mohammed bin Abdulrahman Al-Thani, Qatar's Prime Minister and also its Foreign...
  • Iran-EAEU free trade zone agreement can be signed by year’s end: Russian deputy PM

    Tehran, Iran-- A free trade zone agreement between Iran and the Eurasian Economic Union (EAEU) will be signed before the end of the year, according to Russia's deputy Prime Minister Alexey Overchuk."Now, indeed, the EAEU has come very close to concluding such an agreement with Iran. This issue was touched...
  • Iran-Saudi relations ‘are based on mutual respect’

    "Efforts are underway to reopen diplomatic and consular missions between Saudi Arabia and Iran, including the reopening of Iran's embassy in Riyadh and consulate in Jeddah," highlights Prince Faisal, adding that the Kingdom's embassy in Tehran will also reopen soon.
  • Macron special envoy heads to Lebanon in bid to end crisis

    Paris, France -- President Emmanuel Macron's new special envoy for Lebanon heads to Beirut in the coming week as France seeks a new push to end a political crisis that has left the country without a president for over half a year, a diplomatic source said Sunday.Former foreign minister Jean-Yves Le...
  • Rivals in Yemen discuss possible prisoner swap in Jordan, says Red Cross

    DUBAI, UAE -  Yemen's government and Iran-backed Houthi rebels are locked in talks in Jordan to set the ground for a possible prisoner exchange, a Red Cross official told AFP on Sunday.Yemen's conflict began in 2014 when the Houthis seized the capital Sanaa, prompting a Saudi-led coalition to intervene the following...
  • Iran-Saudi reconciliation advances with high-level diplomatic visit

    In a significant step towards reconciliation, Saudi Foreign Minister Faisal bin Farhan conducted a landmark visit to Iran to hold talks with his Iranian counterpart, Hossein Amir-Abdollahian, focusing on regional security. This visit comes after both nations agreed to mend ties in a Chinese-brokered deal, following a diplomatic severance in...
  • In spite of US sanctions, Iran’s crude oil exports break five-year record

    Tehran, Iran-- In spite of the US sanctions against the Islamic Republic, Iran has seen a huge surge in the export of crude oil in 2023 to China, Syria, Venezuela, according to reports.According to media reports, Iranian crude shipments continued to rise in 2023 with higher shipments to China, Syria...
  • Iranian president boosts Nicaragua ties on tour of US-sanctioned countries

    In Venezuela, Raisi and Venezuelan leader Nicolas Maduro announced that they signed 25 accords, across sectors ranging from education and health to mining. Nicaraguan President Daniel Ortega said he and Raisi signed a "basic memorandum of these steps that we are going to continue developing" to increase exchange between the...
  • Saudi foreign minister to visit Iran on Saturday

    Riyadh, Saudi Arabia -  Saudi Arabia's Foreign Minister, Prince Faisal bin Farhan Al-Saud, is scheduled to visit Tehran on Saturday, according to Iran's semi-official Tasnim news agency. The visit is seen as a significant step in the ongoing diplomatic efforts between the two countries to mend their strained relations. The...
  • Qatar and Iran look to boost monetary, banking ties to propel trade

    Tehran, Iran--Qatar and Iran are looking to boost monetary and banking cooperation that would propel all-round development of trade between the two countries.In this connection, the governors of the central banks of the Islamic Republic of Iran and Qatar held talks in Doha.Iranian central bank governor Mohammad Reza Farzin traveled...
  • Lebanon lawmakers fail to elect president at 12th attempt

    The vote for the presidency, reserved for a Maronite Christian under Lebanon's delicate sectarian power-sharing system, pitted the Hezbollah-backed Sleiman Frangieh against financial official Jihad Azour, who has mainly been endorsed by Christian and independent legislators. But neither had the requisite support, with Azour garnering 59 votes and Frangieh 51...
  • Iranian nuke expert, EU officials review Tehran’s atomic program

    A landmark deal in 2015, formally known as the Joint Comprehensive Plan of Action (JCPOA), gave Iran sanctions relief in exchange for curbs on its nuclear program to guarantee that Tehran could not develop a nuclear weapon -- something it has always denied wanting to do.
  • Indirect talks with US ongoing via Oman, says Iran

    Iran said it has continued indirect negotiations with the Unites States through the Sultanate of Oman over its nuclear deal and a possible prisoner swap. Iran's nuclear program has long been the subject of scrutiny from Western powers, resulting in sanctions that have crippled the country's economy.
  • Iran-Turkey trade to hit US$15bn on back of private sector cooperation

    Tehran, Iran-- Bilateral trade between Iran and Turkey is expected to vault to US$15 billion by 2025 on the back of deeper cooperation with the private sector.According to a senior official in Iran’s Trade Promotion Organization (TPO) trade with Turkey will easily reach $15 billion in early March 2025 to...
  • Arab-China summit sees $10bn deals on first day

    Investment agreements between the two sides covered diverse sectors such as technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare.
  • Iran’s supreme leader urges cooperation with IAEA

    Iran's supreme leader urged continued cooperation with the UN nuclear watchdog, while warning against succumbing to "bullying" based on "unfounded claims". "Cooperation with the International Atomic Energy Agency within the framework of safeguards regulations should be maintained," Ayatollah Ali Khamenei said during a meeting with Iranian nuclear scientists, experts and...
  • Iran’s Raisi, France’s Macron discuss ways to promote ties

    Iran's President Ebrahim Raisi and his French counterpart Emmanuel Macron in a lengthy phone call discussed ways to promote ties, state media reported. "The two sides discussed how to promote relations especially about ongoing negotiations and regional developments," IRNA state news agency quoted Raisi's deputy chief of staff Mohammad Jamshidi...
  • Russia plans to make Iranian drones by next year, says US government

    Russia is receiving materials from Iran to build a drone factory that "could be fully operational early next year," White House national security spokesman John Kirby warned. The White House released a satellite image of the location of the prospective plant in Alabuga special economic zone, some 900 kilometers east...
  • Palestinian president Mahmud Abbas to visit China next week

    "At the invitation of President Xi Jinping, president of the state of Palestine Mahmud Abbas will pay a state visit to China from June 13 to 16," foreign ministry spokesperson Hua Chunying said. Beijing has positioned itself as a mediator in the Middle East, brokering the restoration of ties between...
  • Iran envoy to Saudi Arabia: Israel out to disrupt Tehran-Riyadh detente

    Riyadh, Saudi Arabia - Israel is not happy with the restoration of diplomatic relations between Tehran and Riyadh and is actively seeking to disrupt it, Alireza Enayati, Iran's new ambassador to Saudi Arabia, said in an interview with Iran's al-Alam news network.“Many of our friends and brothers welcomed the restoration...
  • GCC, US vow to work jointly for regional stability

    The strategic partnerships between the two sides seek to focus on peace, security, stability, integration, and economic prosperity in the Middle East.
  • US remains invested in Gulf partnerships, Blinken tells diplomats

    Blinken spoke during a Gulf Cooperation Council ministerial meeting in the capital Riyadh following talks with Saudi Foreign Minister Prince Faisal bin Farhan and Crown Prince Mohammed bin Salman.
  • Iran’s emerging pivot to Russia and China is for strategic leverage: study

    Dubai, UAE - Iran’s pivot to Russia and China has been driven by various factors, most notably the United States' withdrawal from the 2015 Joint Comprehensive Plan of Action (JCPOA) on May 8, 2018, says a study published by Middle East Institute. Quoting Iran’s foreign ministry statement "the world is not...
  • Iran hints at cooperation with Saudi Arabia on ‘peaceful nuclear technologies’

    Tehran, Iran-- With the restoration of diplomatic ties between Iran and Saudi Arabia, the talk in government circles in Tehran is now focused on cooperating with Riyadh on peaceful nuclear technologies.A hint of the potential cooperation between the two former adversaries came in a tweet by a media outlet considered...
  • China firms under sanction by US for assisting Iran missile program

    WASHINGTON, US- The United States placed sanctions on Tuesday on several Chinese and Hong Kong firms it said were supplying Iran's ballistic missile program.The US Treasury said the Chinese companies shipped centrifuges for producing fuels, non-ferrous metals with potential military use, electronics and gyroscopes to already-sanctioned Iranian government bodies and private...
  • Iran reopens embassy in Saudi Arabia, confirming China-brokered detente

    "We consider today an important day in the relations of the Islamic Republic of Iran and the Kingdom of Saudi Arabia," Iranian Deputy Foreign Minister Alireza Bigdeli told a flag-raising ceremony. "The cooperation between the countries is entering a new era."
  • Blinken on three-day Saudi Arabia visit to rebuild strained ties

    Blinken's trip will also focus on efforts to end conflicts in Sudan and Yemen, the joint battle against the Islamic State group and the Arab world's relations with Israel. His visit comes at a time of quickly shifting alliances in the Middle East, centered around a China-brokered rapprochement in March...
  • Iran unveils hypersonic missile, says will boost country’s deterrence

    Iran's Revolutionary Guards unveiled an intermediate range ballistic missile capable of traveling at hypersonic speeds of up to 15 times the speed of sound, state television reported. President Ebrahim Raisi hailed the new missile's hypersonic capability, saying it would boost Iran's "power of deterrence" and "bring peace and stability to...
  • Iran says will reopen embassy in Saudi Arabia on Tuesday

    Iran is set to reopen its embassy in Saudi Arabia on Tuesday following a seven year closure, Tehran and a diplomatic source said, sealing a Chinese-brokered rapprochement deal announced in March. Riyadh severed relations with Tehran in 2016 after its embassy and consulate in Iran were attacked during protests.