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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.

Apple holds talks with rival Meta

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

Lebanon Transport minister denies Hezbollah weapons at Beirut Airport

Lebanon's transport minister denied on Sunday that Hezbollah was storing weapons at Beirut airport, as fears grow of all-out war...
  • Hamieh invited ambassadors and journalists to inspect the airport on Monday morning
  • Cross-border exchanges between Hezbollah and Israel have escalated over the past two weeks

Beyond Nvidia: the search for AI’s next breakthrough

Toronto, Canada -- For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but...
  • Nvidia, which makes the processors that are the only option to train generative AI's large language models, is now Big Tech's newest member.
  • Even tech's second rung on Wall Street has ridden on Nvidia's coattails with Oracle, Broadcom, HP and others seeing their stock valuations surge, despite sometimes shaky earnings.

Israeli forces tie wounded Palestinian to jeep in West Bank raid

Jenin, Palestinian Territories -- Israeli troops tied a wounded Palestinian to a military vehicle during a raid in the occupied West...
  • Medics identified the Palestinian as Mujahid Raed Abbadi, 24, who told AFP he lives in the Jenin refugee camp.
  • Francesca Albanese, the UN special rapporteur on the rights situation in the Palestinian territories, suggested the troops were using Abbadi to shield themselves from gunfire.

Egypt to prosecute travel agents over hajj ‘fraud’: government

Cairo, Egypt - Egyptian Prime Minister Mostafa Madbouly ordered 16 tourism companies stripped of their licences and referred their managers to...
  • The order came after countries whose citizens performed this year's hajj reported more than 1,100 deaths, many attributed to the oven-like summer heat in Saudi Arabia
  • An AFP tally on Friday, compiling official statements and reports from diplomats involved in the response, put the toll at 1,126, more than half of them from Egypt

Gaza health officials say 24 killed in Israeli strikes

Gaza civil defence agency spokesman Mahmud Basal told AFP that at least 20 were killed in a strike on a...
  • The Gaza City strikes added to at least 120 deaths over the previous 48 hours which the health ministry in Hamas-run Gaza reported earlier Saturday
  • Exchanges of fire across the Lebanese border between Israel and the powerful Iran-backed group Hezbollah have also escalated, raising fears of wider war

Arab-American mayor warns Biden has not ‘earned my vote’

Hammoud sidesteps the question of whether he could ultimately endorse Biden under the right circumstances, emphasizing that whatever he might...
  • Hammoud's profile surged in January after he declined an invitation to meet with Biden campaign officials seeking to shore up the Muslim vote
  • The son of Lebanese immigrants, Hammoud grew up in a "working poor" blue collar family and his father drove truck while his mother's father worked on an auto factory assembly line

UK’s richest family get jail terms for exploiting staff at Swiss villa

Geneva, Switzerland -A Swiss court handed jail sentences to four members of Britain's richest family on Friday, branding them "selfish" for...
  • The Hindujas were acquitted of human trafficking, but convicted on other charges in a stunning verdict for the family, whose fortune is estimated at 37 billion pounds
  • Prakash Hinduja and his wife Kamal Hinduja each got four years and six months, while their son Ajay and his wife Namrata received four-year terms

Israeli strikes kill 5 Gaza municipal workers as fears grow of wider war

Palestinian Territories -- Israel bombed Gaza on Friday as exchanges of fire and threats over the Lebanon border raised fears of...
  • Five municipal workers died "during an Israeli bombing" of a garage in Gaza City, said Mahmud Basal, spokesman for the civil defense agency in the territory.
  • The World Health Organization, said "we did not see an impact on the humanitarian supplies coming in" after Israel announces daily 'tactical pauses' for aid delivery.

Saudi official defends management of hajj after hundreds die

"The state did not fail, but there was a misjudgment on the part of people who did not appreciate the...
  • He said the government had confirmed 577 deaths for the two busiest days of hajj: Saturday, when pilgrims gathered at Mount Arafat and Sunday in Mina for stoning ritual
  • "This happened amid difficult weather conditions and a very harsh temperature," the official said, while acknowledging that the 577 figure was partial and did not cover all of hajj

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

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...

Israeli airstrikes escalate in Lebanon as UN and Macron demand urgent ceasefire and de-escalation

As Israeli airstrikes rock Beirut, the UN demands peace and hostages’ release, and Macron criticizes Israel’s military actions, warning against...

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...

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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

Updates: Iran’s supreme leader says anti-Israel resistance will not back down

Ayatollah's rare address in Arabic follows Iran's second-ever direct attack on Israel; rallies held in Jordan and Bahrain in support...
  • Speaking days ahead of Oct 7 attack anniversary, Khamenei defended the Palestinian group's "logical and legal" actions and hailed its "fierce defense" against Israeli forces.
  • Beyond Tehran, crowds of protesters gathered in Jordan and in Bahrain, which both have ties with Israel, after Friday prayers in a show of support for Hamas and Hezbollah.

Israel’s hawkish Yoav Gallant driving war in Lebanon

Jerusalem, Undefined - Defence Minister Yoav Gallant, a former general who has shaped Israel's war against Hamas in Gaza, is a...
  • The hawkish politician, a member of Prime Minister Benjamin Netanyahu's party has repeatedly stressed that Israel must take the fight to Lebanon
  • Military action was "the only way to ensure the return of communities in northern Israel to their homes", Gallant told visiting US envoy Amos Hochstein last month