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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Macron to hold summit with Egyptian, Jordanian leaders as Israel pushes to seize Gaza territory

Meanwhile, a video recovered from the cellphone of an aid worker killed in Gaza alongside other rescuers shows their final...
  • Israel has pushed to seize territory in Gaza since the collapse of a short-lived truce, in what it has called a strategy to force the militants to free hostages.
  • The French president is expected in Cairo on Sunday evening, where he will hold talks with his Egyptian counterpart on Monday morning.

Research on multiple sclerosis wins ‘Oscars of science’

Stephen Hauser and Alberto Ascherio were recognized for their decades researching the debilitating neurodegenerative disease, which affects nearly three million...
  • Scientists knew the disease, which damages the central nervous system and leads to paralyzing cognitive and motor problems, was caused by the immune system turning on the body.
  • But they thought the white blood cells known as T cells were the lone culprit. Hauser questioned that.

Syrian government says studying Amnesty report on massacres

Syria's government said late Friday it was "closely following" the findings of a new Amnesty International report urging an investigation...
  • Amnesty called on the Syrian government in a report on Thursday to ensure accountability for the massacres targeting the Alawite minority
  • The Syrian Observatory for Human Rights monitor has said security forces and allied groups killed more than 1,700 civilians, mostly Alawites, during the violence

Trump’s global tariff takes effect in dramatic US trade shift

US President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating...
  • The trade gaps, said the White House, were driven by an "absence of reciprocity" in relationships and other policies like "exorbitant value-added taxes."
  • Come April 9, around 60 trading partners -- including the European Union, Japan and China -- are set to face even higher rates tailored to each economy

‘I don’t have a voice in my head’: Life with no inner monologue

Paris, France - Mel May only realised she was different while reading a news article one day. "Wait, what? Some...
  • The idea of not being able to have inner monologue is so new that a clinical name, anendophasia, was only proposed for it in a paper last year
  • The inner monologue has proven extremely difficult to study because it relies on people being able to describe how they think

Israel expands ground offensive in Gaza city, dozens killed as fighting engulfs Shujaiya neighborhood

Prime Minister Benjamin Netanyahu said the army was dividing Gaza and "seizing territory" to force Hamas to free the remaining...
  • Israel has pushed to seize territory in the Gaza Strip in what it said was a strategy to force militants to free hostages still in captivity
  • In Lebanon, Hamas's military wing said its commander Hassan Farhat was killed in an Israeli strike that hit "inside his apartment" in Sidon

Nations divided ahead of decisive week for shipping emissions

London, United Kingdom -- Members of the International Maritime Organization (IMO) are divided over whether to approve a carbon tax on...
  • The carbon tax, the most ambitious measure on the table, would make it more expensive for shipping companies to emit greenhouse gases, encouraging them to curtail emissions.
  • But some member states, including China and Brazil, are proposing other measures, arguing the carbon levy would increase the cost of goods and contribute to food insecurity.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.
  • In the hours before that deadline, TikTok temporarily shut down in the United States and disappeared from app stores, to the dismay of millions of users.
  • Much of TikTok's US activity is already housed on Oracle servers, and the company's chairman, Larry Ellison, is a longtime Trump ally.

Pausing production, raising prices: Automakers shift gears after Trump tariffs

Paris, France -- Automakers have already started to adapt to the 25-percent tariff imposed on car imports by US President...
  • Bank of America estimates that some 7.3 million vehicles, or eight percent of global auto sales, will get hit by the tariff.
  • Trump has stated that the goal of the tariffs is to encourage manufacturing jobs to return to the United States, but it is unclear whether that will be achieved.

Stocks, oil slump as China retaliates and Trump digs in heels

Despite the market turmoil, Trump insisted: "my policies will never change". Wall Street stocks fell more than two percent at...
  • Beijing also imposed exports controls on seven rare earth elements, including gadolinium -- commonly used in MRIs -- and yttrium, utilized in consumer electronics.
  • French President Emmanuel Macron has called for suspending investment in the United States until what he called the "brutal" new tariffs had been "clarified".

Washington hails ‘substantive progress’ after trade talks with China

Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked...

Latest News

How much blood is enough to satisfy ‘political objectives’: WHO on Gaza

"We are breaking the bodies and the minds of the children of Gaza. We are starving the children of Gaza,...

Slower growth expected in MENA region in 2025: IMF

"Growth is still projected to increase in 2025 and 2026, but at a considerably slower pace than anticipated last October,"...

UAE to lift three-year Lebanon travel ban: statement

Dubai, United Arab Emirates -- The United Arab Emirates will lift a ban on its citizens travelling to Lebanon that...

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‘The Eternaut’ echoes fight against tyranny: Ricardo Darin

Survival through teamwork: It's a tale as old as time with particular resonance today, says Argentine actor Ricardo Darin of...
  • Based on a 1950s comic with iconic status in the South American country, the sci-fi series tells the story of a mysterious, toxic snowfall that precedes an alien invasion of Buenos
  • More elementally, it is about ordinary people with few resources and no special powers who collectively stare down a totalitarian threat, Darin, 68, told AFP in an interview

US imposes sanctions to curb Iran oil despite talks

The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite...
  • The United States said it was targeting five trading companies -- four based in the United Arab Emirates and one in Turkey
  • The move comes just after Iran announced a fourth round of talks with President Donald Trump's administration to take place Saturday in Rome

AI companions present risks for young users, US watchdog warns

New York, United States -- AI companions powered by generative artificial intelligence present real risks and should be banned for...
  • The watchdog, Common Sense, tested several of these platforms, namely Nomi, Character AI, and Replika, to assess their responses.
  • While some specific cases "show promise," they are not safe for kids, concluded the organization, which makes recommendations on children's use of technological content.