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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Saudi Arabia says no Israel normalization without Palestinian state

Riyadh, Saudi Arabia - Saudi Arabia said Wednesday it will not formalize ties with Israel unless a Palestinian state is established,...
  • Both US President Donald Trump and his predecessor Joe Biden have backed Israel and Saudi Arabia having diplomatic relations
  • Riyadh paused tentative talks on the matter early in the Gaza conflict and hardened its rhetoric as the war continued

Trump doubles down on Gaza shock plan, says Israel will turn over the territory to US

Trump said that by the time of the handover, Palestinians "would have already been resettled in far safer and more...
  • Trump first made the stunning proposal to audible gasps during a joint press conference with Netanyahu on Tuesday, whom he was hosting at the White House for talks
  • Suggesting "long-term ownership" by the US, Trump said he would make Gaza the Riviera of the Middle East, and that "this could be something that could be so magnificient".

Syrian President’s first foreign trip to Saudi Arabia signals Syria’s shift away from Iran’s influence.

Syrian President Ahmed al-Sharaa met Saudi Crown Prince Mohammed bin Salman in Riyadh, marking his first foreign visit and signaling...
  • Al-Sharaa’s visit signals Syria’s pivot away from Iran and closer ties with the Gulf states
  • Saudi Arabia is leading efforts to reintegrate Syria into the regional fold and push for sanctions relief

NHC signs strategic deals worth $8 billion at the opening of Real Estate Future Forum 2025

Riyadh, Saudi Arabia - The National Housing Company (NHC) has signed a series of agreements, deals, and memoranda of understanding...
  • The agreements included a memorandum of understanding with the Saudi Ministry of Industry and Mineral Resources to enhance collaboration in supply chains
  • In another key agreement, a memorandum of understanding was signed with King Abdulaziz City for Science and Technology (KACST)

Davos2025: 33 industrial clusters from 16 countries commit to economic growth, jobs creation and emissions cuts

The Transitioning Industrial Clusters initiative aims to improve collaboration and develop a shared vision among co-located companies and public institutions,...
  • The initiative’s 33 members from 16 countries represent combined potential greenhouse gas emissions reductions comparable to the annual emissions of Saudi Arabia
  • A new report highlights the critical role that industrial clusters play in accelerating the deployment of clean-energy infrastructure at scale worldwide

Trump pledges historic tax cuts, investment growth, oil price action, and Ukraine peace effort at Davos 2025

The newly inaugurated president remarked that he would “like to meet with President Putin soon” and “get the war ended,”...
  • The newly inaugurated president said he would reduce the US corporate tax rate from 21% to 15%, with foreign companies manufacturing goods in the US benefiting directly
  • Trump also indicated that lowering oil prices could be a key step towards ending the Ukraine-Russia war, urging Saudi Arabia and OPEC to reduce the cost of oil

WEF25: Saudi delegation calls for nations to put “greater good” first

The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to...
  • Saudi Arabia urges global cooperation and prioritizes private sector-led economic diversification
  • Key initiatives focus on AI, sustainability, and transforming industries for future growth

UNRWA: Reconstructing Gaza Strip exceeds agency’s capabilities due to severe damage

Gaza, Palestine - The United Nations Relief and Works Agency for Palestine Refugees (UNRWA), confirmed today that the reconstruction process...
  • UNRWA said that the agency can contribute to rehabilitating the infrastructure in the camps and returning employees to work inside them, and operating their wells.
  • The agency emphasized that locating the missing—numbering in the thousands beneath the rubble—requires meticulous planning and the expertise of specialized teams

Ceasefire begins: Israel, Hamas exchange hostages and prisoners amid fragile hopes for lasting peace

The 42-day truce's first phase involves prisoner exchanges and hostage releases, but the future remains uncertain as both sides navigate...
  • In Gaza, Palestinians returned to homes reduced to rubble, checked on missing relatives, and prepared to bury their dead
  • Humanitarian relief efforts also resumed, with more than 600 trucks carrying essential supplies entering the battered enclave

Ceasefire agreement between Israel and Hamas goes into effect, marking first steps toward peace

As the first phase of the ceasefire takes effect, the world watches to see whether this temporary reprieve will be...
  • The complex deal consists of three phases, each lasting 42 days, and it will see both sides release prisoners and hostages in exchange for a temporary halt to the violence
  • Netanyahu’s warning that Israel retains the right to resume fighting and Hamas’s insistence on a complete Israeli withdrawal and a lasting ceasefire make the road to lasting peace

Layali Diriyah: Blending scents of history, culture, global flavors

Riyadh, Saudi Arabia - Surrounded by the natural emblem of palm trees, Layali Diriyah during Ramadan radiates a distinctive ambiance,...

Latest News

Roma loans Turkey midfielder Cengiz Under to Marseille for $9.9 million

A transfer fee of 8.4 million euros ($9.9 million) has been set with the Italian club receiving 20 percent of...

Rumsfeld, Iraq war architect, dead at 88

Rumsfeld and vice president Dick Cheney were emblematic of what was seen as excesses in Bush's "war on terror" He...

Saudi Arabia clamps down on anti-vaxxers

The country of 34 million has already administered 12 million doses Over 7,200 people have died of coronavirus in the...

Netanyahu thanks Trump for weapons to ‘finish the job’ against Iran axis

Jerusalem, Undefined - Israeli Prime Minister Benjamin Netanyahu on Sunday thanked US President Donald Trump for sending munitions held up...

Israel blocks humanitarian aid to Gaza as ceasefire’s first phase ends, sparking global outrage

Truce mediators Egypt and Qatar accused Israel of blatantly violating the ceasefire deal by halting the aid, a move left trucks...

PKK declares ceasefire with Turkey after 40 years of armed struggle

Istanbul, Turkey - Outlawed Kurdish militants on Saturday declared a ceasefire with Turkey following a landmark call by jailed PKK...

Most Read

Wild AI, a royal letter and big hugs – a week in Trumpworld

Washington, United States  - President Donald Trump closed out a packed week at the White House after hosting a string...
  • Last week, Trump branded elected Ukrainian leader Volodymyr Zelensky a "dictator" -- but things change fast in this administration
  • "Did I say that? I can't believe I said that," Trump responded with a slight grin when asked if his opinion had evolved

Trump and Zelensky clash in heated Oval Office meeting over Ukraine peace deal

During a tense meeting at the White House, Trump and Zelensky argued over the war with Russia, with Trump accusing...
  • Zelensky was at the White House to sign a deal on sharing Ukraine's mineral riches and discuss a peace deal with Russia, despite the US president recently branding him a dictator
  • Tempers frayed after Vice President JD Vance said that "diplomacy" was needed to end the war. Zelensky asked "what kind of diplomacy" and Vance accused him of being disrespectful

Microsoft retires Skype, the online voice and video call pioneer

San Francisco, United States - Microsoft on Friday announced it was retiring Skype, the online voice and video call pioneer...
  • Skype was founded in 2003 by Scandinavians Niklas Zennstrom and Janus Friis in Estonia, revolutionizing internet communication by offering free voice calls
  • Over the years, and as internet speeds improved, Skype evolved to include video calls, instant messaging, file sharing and group communication features