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Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Saudi pushes equal pay at launch of women’s tennis finals

The Women's Tennis Association (WTA) announced in April that Riyadh would host the next three editions of the tour finals...
  • Saudi Arabia has been luring professional tennis players to tournaments since 2019, part of a broader campaign to turn the conservative and formerly closed-off kingdom into a sport
  • It has also recruited top footballers including Cristiano Ronaldo and Neymar into its professional league and hosted marquee heavyweight boxing bouts and Formula One races

US offers $5 million reward for Bulgarian ‘cryptoqueen’

SOFIA, Bulgaria -- The United States announced Wednesday a reward of up to $5 million for information that could lead to...
  • Ignatova, 44, evaded arrest by fleeing on a flight from Sofia to Athens two weeks after her indictment in October 2017 and her whereabouts remain unknown.
  • Ignatova, who has German citizenship, is accused of being the mastermind behind the mammoth fraudulent virtual currency scheme OneCoin.

Battles in Gaza’s Rafah as US warns Israel over Lebanon

Top Israeli officials have suggested they are open to a diplomatic resolution of the border tensions, though Gallant said Israel...
  • "Another war between Israel and Hezbollah could easily become a regional war," US Defense Secretary warned
  • "Diplomacy is by far the best way to prevent more escalation," Austin added

Iran picks new president at turbulent time

Iranians vote on Friday to elect a new president from six candidates, including a lone reformist who hopes he can...
  • In the 2021 election that brought Raisi to power, voters shunned the polls
  • Six candidates, five conservatives and one reformist, are competing in Iran's presidential election

Israel top court rules ultra-Orthodox men must serve in army

Jerusalem, Undefined - Israel's top court ruled unanimously on Tuesday that the state must draft ultra-Orthodox Jewish men into military service,...
  • The High Court of Justice's decision on the politically charged issue comes as calls grow for ultra-Orthodox men to enlist
  • Ultra-Orthodox Jews adhere to a strict interpretation of Jewish custom and largely live in insular communities in Israel and elsewhere

WikiLeaks founder Assange freed in US plea deal

Assange had been detained in the high-security Belmarsh prison in London since April 2019. He was arrested after spending seven...
  • Assange, who from 2010 published hundreds of thousands of secret US documents as head of the whistleblowing website WikiLeaks, was freed Monday from a high-security British prison
  • The judge on Wednesday sentenced him to five years and two months in prison - with credit for the same amount of time he spent behind bars in Britain

Israel PM says ‘intense’ phase of Gaza war winding down

Netanyahu said Israel would be able to "redeploy some forces to the north" on the border with Lebanon, where exchanges...
  • The right-wing premier spoke in a TV interview on Sunday as Defence Minister Yoav Gallant travelled to Washington for what Gallant called "critical" talks with Israel's top ally
  • With fears growing of full-scale war in Lebanon, Netanyahu said Israel would return its displaced citizens to their evacuated northern border communities

Dubai to build $8 bn stormwater runoff system after record floods

Dubai, UAE -- Dubai on Monday announced an $8 billion plan for a stormwater runoff system, two months after an unprecedented...
  • The rainwater drainage network announced by Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum is set to be completed by 2033 with construction to start in 2033.
  • "It will cover all areas of Dubai and will absorb more than 20 million cubic meters of water per day," Sheikh Mohammed said of the plan for Dubai.

UAE energy giant ADNOC offers $12.8bn for Germany’s Covestro

Covestro's shares surged more than six percent in Frankfurt following the announcement, which comes after it first disclosed talks were...
  • It said the "starting point" for talks was a "possible offer price" of 62 euros per share from ADNOC. This would value Covestro at $12.57 billion.
  • ADNOC welcomed Covestro's decision to start talks on its "final offer", adding that it looked forward to working with the German group to "swiftly progress" the matter.

Apple holds talks with rival Meta

The company to integrate Meta's generative AI into its products.

Saudi crown prince demands Gaza, Lebanon ceasefires at Arab summit

Prince Salman also called on Israel not to attack Iran, highlighting improving ties between Saudi Arabia and its former regional...

Latest News

October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’

Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas...

Dubai’s night beaches a cool solution to summer heat

With temperatures regularly topping 40 degrees Celsius, outdoor activities are severely limited. More than one million people have visited the...

Casino operator Wynn wins UAE’s first commercial gaming license

Dubai, United Arab Emirates -- US casino operator Wynn has received the first commercial gaming operator's license to be issued in...

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Iran FM threatens ‘even stronger’ retaliation to any attack

"Our reaction to any attack by the Zionist regime is completely clear," Foreign Minister Abbas Araghchi told reporters in the...
  • He spoke after an Israeli military official told AFP, the army was "preparing a response to the unprecedented and unlawful Iranian attack."
  • The conflict has also drawn in Iran's Lebanese ally Hezbollah, and on September 23 Israel sharply intensified its campaign against the militant group

Trump says he thinks Israel should ‘hit’ Iran nuclear facilities

The former president, speaking at a campaign event in North Carolina, referred to a question posed to Democratic President Joe...
  • "When they asked him (Biden) that question, the answer should have been, hit the nuclear first, and worry about the rest later," Trump said
  • Biden was asked on Wednesday whether he would support strikes against Iranian nuclear sites and the US president told reporters: "The answer is no."

Updates: Israel attacks 2,000 sites in Lebanon, kills over 40 rescuers, and destroys hospitals

Israel has intensified its attacks against Lebanon striking emergency services and professionals - a possible war crime. Several hospitals in...
  • Israeli bombing in Lebanon has killed more than 1,110 people and has displaced up to one million
  • Turkish President Recep Tayyip Erdogan accuses Israel of "shamelessly" attacking UN chief Antonio Guterres