Shareholders of Borouge, a leading petrochemical company, have approved a dividend distribution of <strong>$1.32 billion</strong> for the year 2025. This decision reflects strong confidence in the company's performance and its ability to achieve robust financial results amid global economic challenges.
Borouge PLC, a leader in petrochemicals, has approved a final dividend of <strong>4.85 billion dirhams</strong> for 2025, reflecting the company's strong market performance. This decision was made during the General Assembly meeting held on April 7.
Authorities in Abu Dhabi confirmed damage at the Borouge petrochemical plant following debris from an interception operation, which led to fires. No injuries were reported, according to the UAE Media Office.
This morning, the UAE successfully intercepted Iranian missile and drone attacks targeting the Borouge petrochemical plant, resulting in material damage but no human casualties.
Authorities in Abu Dhabi are managing several fires that erupted at the Borouge petrochemical plant due to debris falling after a successful interception by air defense systems. This incident raises concerns about security at vital facilities during a sensitive time.