Search Site

Trends banner

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

Turkey opposition calls extraordinary congress for Sept 21

Turkey's main opposition party has announced it will hold an extraordinary congress on September 21 after a court ousted its...
  • The decision comes amid growing political pressure on the Republican People's Party (CHP) after a court annulled the outcome of its Istanbul provincial congress in October 2023
  • More than 900 CHP delegates on Friday submitted a petition to a local election board in the capital Ankara to authorise the congress, the source told AFP

Israel flattens high-rise as it tells Gaza City residents to flee

An Israeli strike flattened a high-rise in Gaza City on Saturday -- the second in as many days -- after...
  • Israel has stepped up air strikes and ground operations on the city's outskirts, sparking fears it could worsen already dire conditions
  • On Saturday, Israeli aircraft dropped thousands of leaflets on western neighbourhoods calling on residents to evacuate, witnesses and an AFP journalist said

From hotels to high fashion, Armani’s luxury empire

Milan, Italy - Giorgio Armani's death leaves a vacuum at the top of his billion-dollar luxury business, an independent empire...
  • Born into a modest family in northern Italy, Armani, who died on Thursday aged 91, became one of the richest men in the world and the fourth richest in Italy
  • From his historic headquarters in Milan, Armani led an empire employing more than 9,000 staff at the end of 2023, and with revenues of 2.3 billion euros ($2.7 billion) in 2024

Arab bloc says no peace without a Palestinian state and end to ‘hostile’ Israel actions

The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of...
  • The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of the occupying power" remain obstacles to "peaceful coexistence'
  • The resolution was part of a wider meeting in Cairo where foreign ministers endorsed a "Joint Vision for Security and Cooperation in the Region".

Gaza film at Venice targeted by hate campaign, director says

Venice, Italy - At its premiere, a powerful new Gaza film at the Venice Film Festival sparked 23 minutes of...
  • "The Voice of Hind Rajab" from French-Tunisian director Kaouther Ben Hania is a strong contender for the festival's Golden Lion to be awarded Saturday
  • The film covers the last minutes of the life of a five-year-old Palestinian girl who was killed by Israeli fire last year while trying to escape Gaza with her family

Lebanon says army will begin implementing Hezbollah disarmament plan, amid opposition from the group

Responding to questions from journalists, Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the...
  • In August, the Lebanese government ordered the military to draw up plans to disarm the once-dominant militant group by the end of the year
  • Responding to questions, the information minister Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the available capabilities."

Tesla proposes package for Musk that could top $1 trillion

New York, United States -- Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1...
  • The plan potentially provides Musk -- already the world's wealthiest person -- with up to 12 percent of additional total company shares.
  • Tesla's current market capitalization is just over $1 trillion, down somewhat from its peak following recent weak earnings.

EU hits Google with $3.47 billion fine despite Trump threats

Brussels, Belgium -- The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favoring its...
  • Google immediately vowed to appeal the decision by the European Commission, which accused the US firm of distorting competition in the 27-nation bloc.
  • The fine comes despite threats by Trump to go after Europe for regulations seeking to rein in US tech giants.

After his call with Zelensky, European leaders, Trump says will speak with Putin soon

US President Donald Trump said Thursday he would speak soon with Russia's Vladimir Putin, after his call earlier in the...
  • "I will be, yeah," Trump told a reporter asking if he would speak with the Russian leader in the near future, on the sidelines of a dinner with prominent US tech executives
  • Trump's call with European leaders came after a summit in Paris aimed at firming up plans for security guarantees for Ukraine if or when there is a ceasefire

Amid Israeli strikes, Lebanon debates disarming Hezbollah under ceasefire deal, risking political turmoil and mass protests.

The Lebanese government is set to discuss on Friday an army plan to disarm Hezbollah, which the Iran-backed group opposes,...
  • In August, under heavy US and Israeli pressure, Lebanon's government ordered the army to draw up a plan for disarming Hezbollah by the end of the year
  • Hezbollah reiterated its opposition to the move on Wednesday, with its parliamentary bloc calling on Lebanese authorities to "reverse their... unpatriotic decision."

Israel forum says concerned for Gaza hostages after Doha strikes

The main Israeli group campaigning for the release of hostages held in Gaza expressed "deep concern" following an Israeli attack...

Latest News

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 ex-graft chief freed from prison, charged again: activist

A military court had found Geneina guilty in 2018 of "spreading information to harm the military", after he had said...

UN admits aid failure for Syria as quake toll hits 33,000

Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...

At least 20 escape Syria prison holding IS inmates after quake

The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...

Musk kicks Kanye West off Twitter for ‘incitement to violence’ 

West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...

Iran will accept nuclear curbs and restrictions to uranium enrichment if sanctions lifted: report

Iran will accept limits on its nuclear programme and restrictions to uranium enrichment if international sanctions are lifted, its foreign...

Trump issues ‘last warning’ to Hamas over hostages amid new proposal for ceasefire deal

"The Israelis have accepted my terms. It is time for Hamas to accept as well. I have warned Hamas about...

Russia hits Ukraine govt offices in war’s biggest air attack

Kyiv, Ukraine -- Russia fired its biggest-ever aerial barrage at Ukraine early Sunday, killing four people and setting government offices...

Most Read

Saudi launches Damascus area reconstruction project

Damascus, Syria -- Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus,...
  • Saudi Arabia's KSrelief has announced the project to clear over 75,000 cubic meters of rubble from the capital and its surrounding areas.
  • In late July, Riyadh pledged $6.4 billion in investment and partnership deals with Syria.

Drone attack from Yemen injures man at Israeli airport: army, medics

A drone launched from Yemen injured a man when it fell on Ramon airport in southern Israel on Sunday, Israel's...
  • "Paramedics are providing medical treatment... to a 63-year-old male in mild condition, with shrapnel injuries to his limbs," the emergency service said in a statement
  • Israel assassinated the head of the Iran-backed Huthi government together with 11 other senior officials in air strikes two weeks ago

Israel warns recognizing Palestinian state could trigger ‘unilateral’ action

Several countries, including France and Britain, have pledged to recognize a Palestinian state during the UN General Assembly later this...
  • French President Emmanuel Macron co-hosted a conference in July with Saudi Arabia to call for a two-state solution to the Israeli-Palestinian conflict.
  • Britain said it would recognize a Palestinian state if Israel failed to agree to a truce in the Gaza war, triggered by Palestinian group Hamas's October 2023 attack.