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Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

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...

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...

In stabilization bid, Syria’s new ruler declares all weapons under state control, including Kurdish arms

Ahmed al-Sharaa announced all weapons, including those held by Kurdish-led forces, will come under state control, emphasizing unity and coexistence...
  • Sharaa spoke alongside Turkish Foreign Minister Hakan Fidan, after earlier meeting with Lebanese Druze leaders and vowing to end "negative interference" in the neighbouring country
  • Turkey has maintained strong ties with Syria's new leaders, and has continued military operations against Kurdish-held areas in northeastern Syria

UN envoy warns Syria conflict persists as rebels seek international ties post-Assad ouster

The UN migration chief expressed concerns about large-scale refugee returns destabilizing Syria further, particularly affecting religious minorities who fled violence...
  • The United Nations' special envoy for Syria, Geir Pedersen, said on Tuesday "there have been significant hostilities in the last two weeks, before a ceasefire was brokered."
  • Israel has carried out hundreds of strikes on Syrian military assets since Assad's overthrow in what it says is a bid to prevent them falling into hostile hands

Qatar PM sees ‘momentum’ on Gaza talks after US election

Doha, Qatar - Qatar's prime minister said on Saturday that momentum had returned to talks aimed at securing a truce and...
  • The Gulf emirate, along with the United States and Egypt, had been involved in months of unsuccessful negotiations for a Gaza truce
  • But in November, Doha announced it had put its mediation on hold, saying it would resume when Hamas and Israel showed seriousness

‘AI saved 1.5 billion liters of water, cut carbon emissions equivalent to 1 million trees in Saudi Arabia’

Riyadh, Saudi Arabia – Artificial intelligence (AI) has contributed to saving 150 million sheets of paper and conserving 1.5 billion...
  • Alghamdi said that the planet is facing unprecedented challenges today, from record high temperatures to escalating climate risks that threaten global stability
  • Saudi Green Initiative lies at the heart of transformative efforts, being a comprehensive national strategy comprising over 80 initiatives, he added

Saudi Space Agency launches ‘Space Futures Centre’

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) announced Sunday the launch of the Centre for Space Futures, the...
  • The Centre for Space Futures aims to enhance space research, innovation, and international collaboration, boosting Saudi Arabia's role in the global space industry
  • The Centre positions Saudi Arabia as a key player in advancing space exploration and technological innovation worldwide

Saudi-US higher education partnerships forum launched

Riyadh, Saudi Arabia - Minister of Education Yousef bin Abdullah Al-Benyan alongside U.S. Ambassador to Saudi Arabia Michael Ratney, on...
  • Saudi Arabia and the U.S. deepen academic ties with a new higher-education partnership forum, promoting student exchanges and research collaboration.
  • The Saudi-U.S. forum marks a milestone in educational cooperation, aligning academic initiatives with Saudi Vision 2030

Israeli football supporters back home after Amsterdam violence

Tel Aviv, Israel - A plane bringing Israeli football supporters home from Amsterdam landed at Israel's Ben Gurion airport on Friday after...
  • Dutch police said 62 arrests were made in connection with the violence, which erupted after a Europa League football tie between Amsterdam club Ajax and Maccabi Tel Aviv
  • Israeli Prime Minister Benjamin Netanyahu also ordered the Mossad spy agency to draw up a plan to prevent unrest at sporting events in the future

Riyadh Season 2024 signs sponsorship agreements with local, global partners

Riyadh, Saudi Arabia-- A signing ceremony for Riyadh Season 2024 sponsorships was held on Thursday at Via Riyadh.General Entertainment Authority...
  • Riyadh Season provided a sponsorship worth SAR2 million to the Association of Saving Food
  • It is a major opportunity for companies to achieve maximum exposure in global and local markets

Iran FM in Saudi for talks on Gaza and Lebanon

Iranian Foreign Minister Abbas Araghchi's arrival in Saudi Arabia aims to address Israeli military aggression in Gaza and Lebanon, seeking...
  • The Saudi Al-Ekhbariya channel broadcast footage of Saudi Foreign Minister Prince Faisal bin Farhan greeting Araghchi and his delegation in Riyadh
  • Araghchi's visit to Saudi Arabia comes as the region awaits Israel's response to an Iranian missile attack on its territory last week

UAE to host 2025 Asia-Pacific amateur championship at Emirates Golf Club

Gotemba, Japan -- The Asia-Pacific Golf Confederation (APGC), the Masters Tournament and The R&A has announced that the 16th Asia-Pacific...
  • Notable past competitors include Hideki Matsuyama, a two-time winner of the Asia-Pacific Amateur and the 2021 Masters champion, and Cameron Smith, champion of The 150th Open
  • Designed by Karl Litten and established in 1988 as the first grass course in the Middle East, Emirates Golf Club’s Majlis Course is located south of downtown Dubai

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...

Latest News

Dbeibah calls on armed groups to align with state

Days of clashes in the capital have pitted an armed group aligned with the Tripoli-based government against groups it has...

The US towns that took on ‘forever chemical’ giants — and won

Washington, United States -- No corner of Earth is untouched. From Tibet to Antarctica, so-called "forever chemicals" have seeped into...

US stocks move sideways but poised for weekly gains

The S&P 500 has risen the last four sessions, extending the positive momentum after last weekend's trade talks resulted in...

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World Bank announces plans to restart Syria operations

Washington, United States -- The World Bank on Friday said it would restart operation in Syria following a 14-year pause,...
  • The Bank's operation in Syria were halted when the civil war broke out in 2011, preventing the country from gaining access to its development loans, grants, and technical expertise
  • Earlier this week, Saudi Arabia and Qatar paid off Syria's outstanding debts of around $15.5 million to the Washington-based institution.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.
  • The bond was issued in two equal tranches of US$500 million, with tenors of 5 and 10 years and coupons of 4.875% and 5.375%.
  • The bond attracted significant oversubscription with a peak orderbook of US$6.6 billion.

Trump to close deal-making Gulf tour in UAE, announces big Boeing order for Qatar Airways

US President Donald Trump on Thursday closes a Middle East tour in the United Arab Emirates as he focuses squarely...
  • Trump will fly to the Emirati capital Abu Dhabi after a stop in Qatar, where the president hailed what he said was a record $200 billion deal for Boeing aircraft
  • He started the trip in Saudi Arabia which promised its own $600 billion in investment, including one of the largest-ever purchases of US weapons