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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.
  • Air passenger numbers to top five billion for the first time in 2025: IATA

    Geneva, Switzerland -- Air passenger numbers are forecast to top five billion for the first time next year and the sector's revenues will break the trillion-dollar barrier, the global aviation body IATA said Tuesday."Passenger numbers are expected to reach 5.2 billion in 2025, a 6.7 percent rise compared to 2024 and...
  • Etihad to continue with ‘Verified To Fly’ travel platform

    Abu Dhabi – Etihad Airways will continue to use the 'Verified To Fly' platform, which allows travelers to validate their Covid-19 travel documents before arriving at the airport. The platform is currently available for a vast majority of Etihad flights and has been found "hugely popular" with the travelers, the airlines...
  • Fewer restrictions, fast vaccination give Dubai edge in events sector

    The emirate plans to host one of the biggest gas conferences and an African investor summit this year Dubai aims for 25 million unique visits to the Expo 2020 As restrictions hamper travel to hubs such as London and Singapore, Dubai is fast becoming a winner in the more than...
  • ADNEC launches Tourism 365 to scale up tourism sector in Abu Dhabi

    ADNEC is looking to create experiential travel opportunities for tourists coming to Abu Dhabi through a new company called Tourism 365 The company will aim to enhance the emirate’s regional and global positioning in the wider tourism sector   The Abu Dhabi National Exhibitions Company is looking to create experiential...
  • Emirates to fly from India again as Dubai lifts ban over virus

    Dubai said that only passengers from India 'who have received two doses of a UAE-approved vaccine' would be allowed to travel to the emirate Some 300 flights a week were operating between the UAE and India before the ban was announced in April Dubai said that only passengers from India...
  • Hotels in Riyadh earn best rates in three months as travelers fill up rooms

    Arab News quoted the research company on Monday that Occupancy stood at 42.8% The growth is due to easing of travel restrictions and return of international flights Owing to the easing of travel restrictions and return of international flights to the city, Riyadh’s hotel industry is showing signs of cheer...
  • Saudi car rental firm posts 40% growth in 2020

    Vehicle rental market in the country is forecast to grow 7.5 percent until 2026
  • Flydubai to run two new summer routes to Greece

    Demand for travel to places outside MENA has risen after vaccine rollout Flydubai seasonal routes will open only after Sept 29 With the rollout of more and more vaccines against coronavirus, and the decline in the rate of infection, Flydubai will be adding two more new routes this summer as...
  • Gulf residents can’t wait to visit Europe as travel curbs ease

    EU to lift curbs on high-spending tourists from the GCC Thousands of travelers from the Middle East are expected to visit the continent European Union has agreed on Wednesday to ease COVID-19 travel restrictions on visitors from around the world ahead of the summer tourist season. Ambassadors from the 27...