Search Site

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.

US National Security Advisor makes phone call to Kuwaiti PM

Prime Minister of Kuwait, Sheikh Ahmad Nawaf Al Ahmad Al Sabah.
  • During the conversation, the two sides discussed the partnership between the US and Kuwait, regional security
  • In a statement, the US NSA said the two leaders discussed the need to turn the UN-mediated truce in Yemen into a lasting settlement

The United States National Security Advisor (NSA) Jake Sullivan made a phone call onThursday to the Prime Minister of Kuwait, Sheikh Ahmad Nawaf Al Ahmad Al Sabah.

During the conversation, the two sides discussed the partnership between the US and Kuwait, regional security, and ways to strengthen relations between the two countries in all fields.

Later, the NSA in a statement said the phone call addressed “the US-Kuwait partnership and regional security” and congratulated Kuwait Prime Minister on his appointment on behalf of President Biden. 

“Together they discussed strengthening the US-Kuwait relationship in light of the historic Jeddah Summit and the need to turn the UN-mediated truce in Yemen into a lasting settlement,” the statement read.  “Mr. Sullivan also thanked Kuwait for its generous humanitarian aid to the Ukrainian people.”