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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.
  • Hamas urges US pressure on Israel over Gaza truce

    Palestinian Territories - Hamas called on the United States Thursday to "exert real pressure" on Israel to reach a Gaza ceasefire agreement as Prime Minister Benjamin Netanyahu said there was no deal in the making.The two sides have traded blame over stalling talks for a ceasefire and hostage exchange as...
  • Turkey rejects UN Security Council criticism over Cyprus

    Western powers including the United States and France expressed outrage and the UN Security Council issued a condemnation that Ankara swiftly rebuffed.
  • Turkey faces uproar by seeking shift on Cyprus

    On a trip to the north of divided Nicosia on Tuesday, Turkish President Recep Tayyip Erdogan said there should be "two peoples and two states with equal status." Victoria Nuland, the US under secretary of state for political affairs, voiced concern that Erdogan's remarks would have a "chilling effect" on...
  • Journalist among 6 freed by Egypt amid criticism of rights record

    US had warned Egypt that targeting rights campaigners would be a factor in arms sales
  • Assad starts new term after re-election described ‘neither free nor fair’

    The vote extending Assad's grip on power was the second since the start of a decade-long civil war that has killed more than half a million people, displaced millions and battered the country's infrastructure
  • Biden to host Iraqi PM at White House on July 26

    The meeting will "highlight the strategic partnership between the United States and Iraq," the White House said in a statement
  • Official reiterates Saudi resolve to protect rights after meeting US, EU envoys

    Saudi Arabia's Human Rights Commission (HRC) chief Awwad bin Saleh Al-Awwad in a meeting with US and EU diplomats has vowed to protect human rights in the kingdom.
  • Turkey offers to secure Afghan airport after US, NATO forces

    Ankara is seeking "financial, political and logistical support" from the US and the NATO to carry out the fraught task amidst the ongoing Taliban advances in the country.
  • Oil prices rise amid growing demand from India, China

    Brent crude oil futures were up $1.43, 1.93%, at $75.55 Prices had dropped early in the week by the collapse of output talks between the OPEC and allies including Russia, together known as OPEC+ Falling US inventories, and signs of strong Asian demand from both China and India pushed up...
  • Cyberattack hits hundreds of US businesses

    A US IT company urges customers to shut down their servers after the attack UN Security Council members recently warned against ransomware attacks A US IT company urged customers to shut down their servers Friday after cyberattackers smuggled ransomware onto its network platform Kaseya said Friday evening that it had...
  • Baghdad: US forces shoot down armed drone near US embassy

    Since the start of the year, 47 attacks have targeted US interests in the country Separately on Monday, three rockets targeted an Iraqi air base in the western desert that also housed US troops US forces shot down an armed drone above their embassy in Baghdad on Monday night, Iraqi...
  • White House frets anxious about high oil prices

    Jen Psaki says there is enough production capacity globally US crude production peaked in Jan 2020 at nearly 13m bpd The White House is worried about the impact of rising oil prices on US consumers but believes producers have ample ability to pump enough crude. “Currently we believe that there...
  • US Secretary of State says Guantanamo prison should close

    US Secretary of State says he doesn’t know when it can happen Former president Obama had failed in his bid to close the prison US Secretary of State Antony Blinken on Friday repeated his country’s resolve to close the controversial prison at Guantanamo Bay, while acknowledging it was difficult to...
  • US in first meeting with Israel’s new FM amid Iran moves

    Lapid is flying to Rome to see Blinken The meeting comes as Biden moves ahead with fresh talks with Iran US Secretary of State Antony Blinken meets Israel's new top diplomat Yair Lapid on Sunday, in the United States' first face-to-face meeting with the freshly installed government that seeks a...
  • Mosul bombing victims battle ‘opaque compensation system’

    The coalition admits more than 1,000 civilians killed in seven years  HRW: The compensation system is opaque even for those with expertise MOSUL: It was March 17, 2017. Troops from the US-led coalition fighting militants in Iraq were advancing on Mosul’s Old City, squeezing out the Daesh militia. But just...
  • US, France must take final decisions on nuclear deal: Iran

    The 2015 deal saw Iran accept curbs on its nuclear capabilities Trump unilaterally withdrew three years later Iran on Friday said world powers must take any final decisions to revive the 2015 nuclear deal, after France and the United States suggested that time was running out. "The opposing sides are...
  • Qatari investor in Deutsche Bank feels European banks should merge

    *Sheikh Hamad feels it is the only way to take on US and Chinese globally *He is one of the German lender’s largest shareholders Qatari investor in Deutsche Bank AG, Sheikh Hamad bin Jassim bin Jabor Al Thani, has appealed to European financial services to merge in order to take...
  • 47 killed in northern Yemen as battle for Marib flares

    Rebels are seeking to seize control of Marib and its surrounding oil fields Fresh fighting comes after a diplomatic push by the UN and other failed Renewed battles between government forces and Huthi rebels over the strategic city of Marib in northern Yemen have left 47 dead, including 16 pro-government...
  • US cutting forces, missile batteries in Middle East

      The move comes as President Joe Biden's administration seeks to ease tensions with Iran The US military is rapidly adjusting its global footprint as it pulls out of Afghanistan     The Pentagon said Friday it was cutting the number of troops and air defense units deployed to the...
  • Iran mired in economic pain as presidential vote nears

    Iran's 83 million people are suffering as jobs are scarce, prices are rising  Economic crisis brought on by crippling sanctions and worsened by the pandemic When Iranians vote for a new president next week, they will do so in the depths of an economic crisis brought on by crippling sanctions...
  • US, UAE hold economic policy dialogue, resolve to expand engagement

    The UAE maintains its position as the US' largest trading partner in the MENA region for the 12th year in a row The UAE and US  partnered to form the Economic Policy Dialogue in 2012 The  US and the  UAE  have reaffirmed their desire to expand engagement and pursue new...
  • Middle East Policy Council invites nomination for 40 Under 40 Awards

    Nominations can be submitted in eight categories — government, education, academia/think tank, non-profit, journalism, arts and culture, and business The awards will recognize professionals making an impact in US-Middle East relations The Middle East Policy Council invites nominations for its first-ever 40 Under 40 Awards to recognize professionals making an impact in...
  • Seven things to look for from the Trump-Kim meeting in Singapore

    All eyes will be on the outcomes of Tuesday’s meeting between US President Donald Trump and North Korean supreme leader Kim Jong Un. Happening on the neutral grounds of Singapore, this will be the first-ever meeting between the US and North Korea’s top leaders in the last many decades. Trump...
  • JCPOA woes: Trump threatens ‘strongest’ sanctions on Iran ever

    Weeks after Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal, US secretary of state Mike Pompeo has threatened to impose some of the strongest sanctions on Iran. Terming them as ‘strongest in history’, Pompeo has urged Iran to immediately stop its missile tests, halt its entire nuclear...
  • Why are Iraqis losing faith in government?

    When last December the Iraqi government declared victory over the co-called Islamic State group (IS), many in Iraq and elsewhere spoke of a new era of peace and reconstruction. Haider al-Abadi, prime minister, attributed the defeat of IS to “unity”, and the parliament election of May 12 would, many hoped,...
  • ‘JCPOA’; how US’ withdrawal scripts economic instability, geopolitical flux

    The recent move of the US president Donald Trump, intended to terminate the 2015-nuclear pact with Iran, has further escalated the environment of uncertainty in the region. Besides indicating toward the upcoming instability and disturbed geopolitical equations in the region, this termination also holds many long-term economic repercussions. After months...
  • Heading into 2018, different aims for US foreign policy in the region

    During the Cold War, the then-Union of Soviet Socialist Republics and the United States had different foreign policies in the Middle East. Fortunately, these policies did not really conflict. The US had focused heavily on Israel and Iran as regional allies and buffers, and on oil-producing countries, such as the...
  • WISEUp: Taking a literary route, to counter extremism

    In late 2016, Daisy Khan, a New York-based global-peace activist, grew increasingly alarmed by the surge in violent extremism worldwide and the resultant demonization of Islam in America. Khan, a long-time advocate for equality and justice for Muslims around the world, immediately saw a connection between the angry anti-Islamic rhetoric...