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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

10 die from Covid in Saudi Arabia

  • The total number of recoveries in the Kingdom has increased to 520,358
  • A total of 8,388 people have succumbed to the virus in the Kingdom so far

Ten people died of Covid in Saudi Arabia on Friday, and 681 were infected with the virus.

Of the new cases, 148 were recorded in Riyadh, 119 in Makkah, 92 in the Eastern Province, 66 in Jazan, 58 in Asir, 41 in Madinah, 32 in Najran, 22 in Hail, 15 in Tabuk, 14 in the Northern Borders region, 12 in Al-Jouf and 11 in Al-Baha.

The total number of recoveries in the Kingdom increased to 520,358 after 1,447 more patients recovered from the virus.

A total of 8,388 people have succumbed to the virus in the Kingdom so far.

Over 31.2 million doses of a coronavirus vaccine have been administered in the Kingdom to date.