Search Site

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

Israeli strikes hit Yemen as Netanyahu fires warning

Israeli air strikes pummeled Sanaa's international airport and other targets in Yemen on Thursday, with Huthi rebel media reporting six...
  • Prime Minister Benjamin Netanyahu warned that Israel's strikes would "continue until the job is done"
  • Iran's foreign ministry condemned the strikes as a "violation" of peace and security

Israeli strike on broadcast vehicle kills five Al-Quds Today journalists

Palestinian Territories -- A Palestinian TV channel said five of its journalists were killed Thursday in an Israeli strike on...
  • The station identified the five staffers as Faisal Abu Al-Qumsan, Ayman Al-Jadi, Ibrahim Al-Sheikh Khalil, Fadi Hassouna and Mohammed Al-Lada'a.
  • The Palestinian Journalists Syndicate said last week that more than 190 journalists had been killed and at least 400 injured since the start of the war in Gaza.

Turkey lowers interest rate to 47.5% as it battles double-digit inflation

The bank's monetary policy committee decided to reduce the policy rate from 50 percent to 47.5 percent, with a statement...
  • The central bank began to raise interest rates last year to battle soaring prices, after President Recep Tayyip Erdogan dropped his opposition to orthodox monetary policy.
  • The central bank now expects inflation to reach 44 percent at the end of 2024, up from a previous estimate in August of 38 percent.

Syrian war monitor says 17 dead in clashes in Tartus province

17 people were killed Wednesday in clashes in Tartus province after security forces sought to arrest an officer under deposed...
  • 14 interior ministry personnel were killed and 10 others wounded
  • Clashes in Tartus province erupted after residents refused to allow their houses to be searched

Ceasefire talks falter as Hamas, Israel clash over conditions, Gaza sees more destruction and deaths

Hamas accuses Israel of stalling the truce with new demands on troop withdrawal and prisoner release, while Netanyahu’s office counters,...
  • Indirect negotiations mediated by Qatar, Egypt and the United States have taken place in Doha in recent days, rekindling hope for an agreement between the two warring parties
  • On Wednesday, both sides accused the other of throwing up roadblocks, while Israeli President Isaac Herzog urged the country's leadership to move towards a deal

Pope calls for ‘arms to be silenced’ in Christmas appeal

Rome, Italy -- Pope Francis called Wednesday for "arms to be silenced" around the world in his Christmas address, appealing for...
  • His voice breathless, the 88-year-old pontiff also appealed for a ceasefire in Gaza and for the freeing of Israeli hostages held there by Hamas.
  • Francis also extended his call for peace to Sudan, which has been ravaged by 20 months of brutal civil war and where millions are under the threat of famine.

Egypt to access $1.2 billion in funding after deal with IMF

Washington, United States -- The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the...
  • The deal comes as both sides reached staff-level agreement on the fourth review under the Extended Fund Facility arrangement, the fund said.
  • The funding access is subject to executive board approval. The discussions culminating in the deal were held in person from November 6-20 and virtually afterwards.

Pakistan air strikes kill 46 in Afghanistan: Taliban spokesman

Kabul, Afghanistan - Pakistan air strikes in an eastern border province of Afghanistan killed 46 people, the Taliban government spokesman told...
  • Border tensions have risen since the Taliban's 2021 takeover, with Islamabad accusing Afghan-based militants of attacks
  • Islamabad has accused Kabul's Taliban government of harbouring militant fighters, allowing them to strike on Pakistani soil with impunity

Israeli army says intercepted missile from Yemen before it entered Israeli territory

Jerusalem, Undefined - The Israeli army said Wednesday it intercepted a ballistic missile fired towards the country from Yemen.Air raid sirens...
  • Air raid sirens sounded over a wide swathe of central Israel as a precaution against falling debris, but the army said it shot down the projectile before it entered Israeli territo
  • Yemen's Iran-backed Huthi rebels have repeatedly launched missiles against Israel in solidarity with the Palestinians since the war in Gaza began more than a year ago

Syria authorities say armed groups have agreed to disband

Syria's new leaders announced Tuesday that they had reached an agreement with the country's rebel groups on their dissolution and...
  • Absent from the meeting were representatives of the US-backed, Kurdish-led forces
  • Turkey has "real economic leverage" thanks to a 900-kilometer border with Syria

‘Numb’ New Orleans grapples with horror of deadly truck attack

New Orleans, United States - The celebratory atmosphere of Bourbon Street in New Orleans, long an American byword for indulgence and...

Latest News

100 killed in fire during wedding at Iraq event hall

At the main hospital in Hamdaniyah -- a predominantly Christian town east of Mosul that is also known as Qaraqosh...

Ailing US explorer rescued after nine days in Turkish cave

The 40-year-old explorer developed stomach problems while examining the depths of the Morca Cave, a remote complex of twisting underground...

Sad day for America, says Trump after court appearance

Former US president Donald Trump pleaded not guilty on Thursday to criminal charges that he conspired to overturn the results...

OceanGate co-founder hits back at James Cameron over Titanic sub

Soehnlein stressed it was too soon to say what happened to the Titan and that it was "tricky to navigate"...

Biden demands assault-weapons ban after 8 killed in Texas mall rampage

Responders, distressed witnesses and police described scenes of panic and horror in Allen, where video footage shared online showed the...

Egypt tests Suez Canal extension aimed at boosting vessel capacity

Cairo, Egypt -- Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimize the...

Israeli raid puts last major Gaza health facility out of service: WHO

The World Health Organization said the operation had put the "last major health facility in north Gaza out of service"....

New Dawn over Damascus: Residents reclaim Mount Qasyun after years of curbs under Assad’s rule

Mount Qasyun, once closed due to war, reopens as a vibrant community space where Damascus residents gather to reclaim joy,...

Most Read

Global stocks rise as Japan led Asia gains on a weaker yen

Seoul was an outlier in Asia with shares plunging as South Korea's political crisis deepened with a second impeachment vote....
  • Japan's Nikkei index closed up nearly two percent, with the yen's recent weakness proving a boon for major exporters.
  • In Europe, Frankfurt's DAX index rose after German President Frank-Walter Steinmeier dissolved parliament on Friday and confirmed the expected date for the early general election

Israeli strikes hit Yemen as Netanyahu fires warning

Israeli air strikes pummeled Sanaa's international airport and other targets in Yemen on Thursday, with Huthi rebel media reporting six...
  • Prime Minister Benjamin Netanyahu warned that Israel's strikes would "continue until the job is done"
  • Iran's foreign ministry condemned the strikes as a "violation" of peace and security

Israeli strike on broadcast vehicle kills five Al-Quds Today journalists

Palestinian Territories -- A Palestinian TV channel said five of its journalists were killed Thursday in an Israeli strike on...
  • The station identified the five staffers as Faisal Abu Al-Qumsan, Ayman Al-Jadi, Ibrahim Al-Sheikh Khalil, Fadi Hassouna and Mohammed Al-Lada'a.
  • The Palestinian Journalists Syndicate said last week that more than 190 journalists had been killed and at least 400 injured since the start of the war in Gaza.