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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.

First footage of James Cameron directed ‘Avatar: Fire and Ash’ revealed

Las Vegas, United States - Evil Na'vi. Giant volcanoes. Airborne boats. The first-ever footage from "Avatar: Fire and Ash," the...
  • The film "expands the beautiful world of Pandora and introduces two new clans," explained star Zoe Saldana
  • More respected than loved by critics, the previous two "Avatar" films were unprecedented commercial hits

Trump defiant as tariffs send world markets into panic

Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war,...
  • Shock waves tore through markets in the United States, Europe and Asia after Trump's tariff bombshell
  • Trump dismissed the turmoil, insisting to reporters as he left for a weekend at his Florida golf resort that stocks will "boom."

Macron, on Egypt visit, to go near Gaza to show support for ceasefire

French President Emmanuel Macron will go to an Egyptian port near the Gaza Strip next week to highlight concerns over...
  • Macron will go to Arish, 50 kilometres (30 miles) from Gaza, next Tuesday during a visit to Egypt, officials said
  • Macron is to go to Egypt on Sunday and on Monday will meet the country's President Abdel Fattah al-Sisi

Trump’s tariffs on allies, China could shrink global merchandise trade volumes 1% in 2025, warns WTO

After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe, Ngozi Okonjo-Iweala warned the measures...
  • Trump slapped 10 percent import duties on all nations and far higher levies on imports from dozens of specific countries including China
  • Trump's tariffs come just over a year and a half before US midterm elections, in which the party of the US president is often hammered on the economy

Hungary announces ICC withdrawal as Israel’s Netanyahu visits

Budapest, Hungary -- Hungary on Thursday said it will quit the International Criminal Court, just as its Prime Minister Viktor...
  • Set up in 2002, the ICC, based in The Hague, seeks to prosecute individuals responsible for the world's gravest crimes when countries are unwilling or unable to do so themselves.
  • The Palestinian Authority (PA) urged Hungary to "comply with the International Criminal Court's arrest warrant by immediately handing Netanyahu over to bring him to justice.

Gaza rescuers say 25 killed in Israeli strike on school-turned-shelter

Gaza civil defense spokesman Mahmud Bassal told AFP more than 100 others wounded in the strike on Dar al-Arqam School...
  • The Israeli military has in recent days issued a number of evacuation orders to residents in northern neighborhoods of the Gaza Strip.
  • On Monday, it told those living in all areas of the southern city of Rafah and parts of nearby Khan Yunis to leave.

Trump stings friends and foes alike in his tariffs war, countries eye trade talks

The tariff announcements rattled stock markets while safe haven gold hit a new record high, oil prices fell and the...
  • China demanded that the tariffs be "immediately cancelled" and vowed "countermeasures", while France and Germany warned that the EU could hit US tech firms.
  • But EU and other countries also showed willingness to negotiate as they refrained from immediate retaliatory measures, with almost a week until the harsher US levies take effect.

China says opposes new US tariffs, vows ‘countermeasures’

China on Thursday said it "firmly opposes" sweeping new US tariffs on its exports and vowed "countermeasures to safeguard its...
  • US President Donald Trump has ignited a potentially ruinous global trade war after imposing 10 percent levies on imports from around the world
  • Beijing responded to those tariffs with levies of up to 15 percent on a range of US agricultural goods including soybeans, pork and chicken

US university calls for release of detained Turkish student

New York, United States - Tufts University on Wednesday publicly backed its student Rumeysa Ozturk, a Turkish national detained by...
  • Video of Ozturk's arrest by masked agents on a sidewalk has sparked outrage online
  • This has added to concerns about freedom of speech and respect for due process under Trump

Israel’s Netanyahu arrives in Hungary, defying ICC warrant

Israeli Prime Minister Benjamin Netanyahu arrived in Budapest early Thursday on his first trip to Europe since 2023 and in...
  • Hungarian Prime Minister Viktor Orban extended an invitation to Netanyahu last November, a day after the ICC issued the arrest warrant over alleged war crimes in Gaza
  • Orban vowed the EU member would not execute the warrant, despite being an ICC member, saying the court's decision "intervenes in an ongoing conflict... for political purposes".

Iran says nuclear talks ‘difficult but useful’, US ‘encouraged’

Iran and the United States wrapped up nuclear talks in Oman on Sunday with no apparent breakthrough in a public...

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US reaching out to China for tariff talks: Beijing state media

United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and...

‘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...

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...

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UAE says foils bid to transfer weapons to Sudan army

"The security services succeeded in preventing the transfer of a quantity of military equipment to the Sudanese Armed Forces following...
  • The UAE statement said members of the cell included former Sudanese intelligence chief Salah Gosh an ex-adviser to the finance minister and political figure close to army chief.
  • It said the arrests were made "during an inspection of ammunition in a private aircraft" loaded with around five million machine gun rounds.

Global stocks mostly rise as Trump grants auto tariff relief

Stocks moved sideways on Monday after notching four straight positive sessions last week as Trump adopted a more conciliatory posture...
  • Trump's pivot includes limitations on the impact of multiple tariffs on carmakers and a measure to allow carmakers to offset a portion of the levy for two years
  • Investors are "encouraged by the Trump decision to be a little more flexible (...) with the autos," said CFRA Research's Sam Stovall, who predicted stocks could go higher

Tunics & turbans: Afghan students don Taliban-imposed uniforms

Kabul, Afghanistan - Since the start of the school year in March, Afghan boys have been required to wear new...
  • The Taliban say the dress code enforces discipline, masks inequality, and reflects true Islamic attire — a move that has sparked controversy
  • Since their return, the streets of Kabul and other areas have become more uniform, with many men opting for the monochrome loose trousers and long tunic