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AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

Iraq’s water reserves lowest in 80 years after a dry rainy season

Baghdad, Iraq -- Iraq's water reserves are at their lowest in 80 years after a dry rainy season, a government...
  • Water is a major issue in the country of 46 million people undergoing a serious environmental crisis because of climate change, drought, rising temperatures and declining rainfall.
  • Authorities also blame upstream dams built in neighboring Iran and Turkey for dramatically lowering the flow of the once-mighty Tigris and Euphrates.

22 killed in Israeli air strikes across Gaza

The Israeli military has stepped up its Gaza offensive in recent days in what it has described as a renewed...
  • Civil defense agency spokesman Mahmud Bassal said seven people were killed in a strike on a home in Jabalia, in the north.
  • Fatal strikes were also recorded around Deir el-Balah in the center of the territory, Beit Lahia in the north, and the main southern city of Khan Yunis.

Iraq’s first ever director in Cannes wins best feature debut

Hasan Hadi won the top prize for his childhood adventure under economic sanctions in "The President's Cake".
  • Also from the Middle East, Palestinian director Tawfeek Barhom received his award for his short film "I'm Glad You're Dead Now".
  • Gazan twin brothers Arab and Tarzan Nasser on Friday received a directing award in the Certain Regard parallel section for "Once Upon A Time In Gaza".

United Kingdom renationalizes first train operator under Labor reforms

London, United Kingdom -- Britain's South Western Railways on Sunday becomes the first private train operator to be returned to...
  • Renationalizing all of the UK's rail operators is among the key policies launched by Prime Minister Keir Starmer since his party's return to government last July.
  • Train passengers in Britain suffer from frequent cancellations, in addition to high ticket prices and regular confusion over which services they can be used on.

Syria revamps interior ministry to reassure West

The interior ministry restructure includes reforms and creating "a modern civil security institution that adopts transparency and respects international human...
  • The move was formalized Friday after being announced by President Donald Trump on a Gulf tour this month during which he shook hands with Syria's interim President Ahmed al-Sharaa.
  • It includes setting up a citizens' complaints department and incorporating the police and General Security agency into an Internal Security command, he told a press conference.

Kuwait strips tens of thousands of citizenship since August 2024

The latest campaign abolishes naturalization by marriage, which only applied to women, and revokes citizenship granted to wives since 1987....
  • The mass revocations have been cast as part of a reformist agenda spearheaded by Kuwaiti emir Sheikh Meshal al-Ahmad Al-Sabah.
  • Kuwait already has a big stateless community: the Bidoon, estimated at around 100,000 people, who were denied citizenship on independence from British protectorship in 1961.

Real estate transactions in five UAE emirates reach $65 billion in Q1

Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65...
  • More than 94,719 sales, purchase, and mortgage deals were recorded from January through March in Abu Dhabi, Dubai, Sharjah, Ajman, and Ras Al Khaimah.
  • Dubai accounted for the largest share, with AED 193 billion in real estate transactions, resulting from 58,039 transactions, a growth of 16.2% in value and 31.5% compared to 2024.

Trump expands Apple tariff threat to all smartphones

Washington, United States -- US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent...
  • Trump initially said the tariff would apply only to Apple -- an unusual move to single out a specific company in trade policy.
  • While Apple designs its products in the United States, most iPhone assembly occurs in China, which remains embroiled in a trade war with the United States.

Anthropic’s Claude AI gets smarter — and mischievious

San Francisco, United States -- Anthropic launched its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set...
  • "Claude Opus 4 is our most powerful model yet, and the best coding model in the world," Anthropic chief executive Dario Amodei said.
  • Opus 4 and Sonnet 4 were described as "hybrid" models capable of quick responses as well as more thoughtful results that take a little time to get things right.

Antonio Guterres denounces ‘cruelest phase’ of Gaza conflict

"For nearly 80 days, Israel blocked the entry of life-saving international aid," Guterres said. "The entire population of Gaza is...
  • "The Israeli military offensive is intensifying with atrocious levels of death and destruction.
  • "Today, 80 percent of Gaza has been either designated an Israeli-militarized zone or an area where people have been ordered to leave."

Tourist coins pose giant problem at N. Ireland’s famous causeway site

Bushmills, United Kingdom -- Northern Ireland's Giant Causeway draws close to one million visitors a year but their habit of...

Latest News

2 crew members killed as Saudi fighter jet crashes

An investigation into the cause of the recent accident has been initiated, with Maliki informing the Saudi Press Agency (SPA)...

FBI completes Rainbow Bridge car explosion, says it was traffic accident

According to witnesses, the car was running at a speed of more than 160 km/h. As a result, the car...

UAE to build 3 desalination plants to supply Gaza with water

Abu Dhabi, UAE - The UAE is building three desalination plants in Rafah to supply Gaza with water as part...

Kuwait City is the Middle East’s most polluted, Baghdad is next

Dubai, UAE - As New Delhi once again topped the list of the world’s most polluted cities, across the Middle...

Saudi national stopped at Delhi hotel lobby while trying to meet UAE President

New Delhi, India - A Saudi Arabian national attempted to gain access to a five-star hotel in Delhi where UAE...

Iraq’s first ever director in Cannes wins best feature debut

Hasan Hadi won the top prize for his childhood adventure under economic sanctions in "The President's Cake".

United Kingdom renationalizes first train operator under Labor reforms

London, United Kingdom -- Britain's South Western Railways on Sunday becomes the first private train operator to be returned to...

Syria revamps interior ministry to reassure West

The interior ministry restructure includes reforms and creating "a modern civil security institution that adopts transparency and respects international human...

Most Read

Real estate transactions in five UAE emirates reach $65 billion in Q1

Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65...
  • More than 94,719 sales, purchase, and mortgage deals were recorded from January through March in Abu Dhabi, Dubai, Sharjah, Ajman, and Ras Al Khaimah.
  • Dubai accounted for the largest share, with AED 193 billion in real estate transactions, resulting from 58,039 transactions, a growth of 16.2% in value and 31.5% compared to 2024.

Trump expands Apple tariff threat to all smartphones

Washington, United States -- US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent...
  • Trump initially said the tariff would apply only to Apple -- an unusual move to single out a specific company in trade policy.
  • While Apple designs its products in the United States, most iPhone assembly occurs in China, which remains embroiled in a trade war with the United States.

Anthropic’s Claude AI gets smarter — and mischievious

San Francisco, United States -- Anthropic launched its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set...
  • "Claude Opus 4 is our most powerful model yet, and the best coding model in the world," Anthropic chief executive Dario Amodei said.
  • Opus 4 and Sonnet 4 were described as "hybrid" models capable of quick responses as well as more thoughtful results that take a little time to get things right.