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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.

Global bond selloff spreads to Japan, gold hits record high

Wall Street stocks opened mostly higher, with shares in Google parent-company Alphabet shooting up nearly seven percent after winning a...
  • Yields on 30-year Japanese government bonds rose to an all-time high of 3.29 percent on Wednesday, while 20-year yields reached their highest since 1999.
  • The selloff in Japanese debt mirrors widespread moves in the United States and Europe, with investors spooked over substantial piles of government debt globally.

Israel expecting one million Gazans to flee new offensive, planning “humanitarian area” for them

The Israeli military has been gearing up to seize Gaza City, the Palestinian territory's largest urban centre, with the United...
  • Last month, Israel approved a major settlement project just east of Jerusalem that the international community has warned threatens the viability of future Palestinian statehood.
  • And on Wednesday, Israel's Finance Minister Bezalel Smotrich called for annexation of swathes of the West Bank, after Belgium said it would recognize a Palestine as a state.

Lost for 50 years, Nobel patents found in Swedish summer home

Stockholm, Sweden -- A dozen patents belonging to Swedish inventor and philanthropist Alfred Nobel and lost for almost 50 years...
  • Nobel -- who discovered dynamite in 1867 and created the Nobel Prizes in his 1895 will -- had hundreds of patents in several countries.
  • Nobel was known as a globetrotter -- he was nicknamed "the richest vagabond in the world" -- who at various times in his life lived in Sweden, Russia, Germany, France.

Turkey court ousts leadership of opposition’s Istanbul branch

Turkey's main opposition CHP party on Tuesday vowed to fight after a court dismissed the leadership of its Istanbul branch...
  • The Republican People's Party (CHP) won a huge victory over President Recep Tayyip Erdogan's AKP party in the 2024 local elections and has been rising in the polls
  • The cases began in earnest in March with the jailing of Istanbul's popular mayor Ekrem Imamoglu, who was seen as the sole candidate with a realistic chance at beating Erdogan

Iran says open to US nuclear talks, rejects missile curbs

Security chief Ali Larijani said Tuesday that Iran was open to nuclear talks with the United States but ruled out...
  • "The path for negotiations with the US is not closed; yet these are the Americans who only pay lip service to talks; and they wrongly blame Iran for it," said Larijani
  • The remarks came days after the United States welcomed a move by European powers to reimpose UN sanctions on Iran but said it remained "available for direct engagement with Iran".

Gaza mother hopes Venice film about final moments of slain child helps end war

The mother of Hind Rajab, a five-year-old Palestinian girl killed by Israeli forces in Gaza, hopes that a film about...
  • Rajab's body was recovered from a car riddled with bullets in Gaza City days after she was last heard from, in a desperate, hours-long phone call to the Palestinian Red Crescent
  • She had made the emergency call after her family's car came under fire during an attempt to flee Gaza City amid an Israeli advance in the Palestinian territory's north

Post SCO summit, Kim, Putin at Xi’s side for massive China military parade in Beijing

In unprecedented scenes, Xi shook both their hands and chatted with the pair as they walked down a red carpet...
  • In unprecedented scenes, Xi shook both their hands and chatted with the pair as they walked down a red carpet towards Tiananmen Square, with Putin to Xi's right and Kim to his left
  • Thousands of people sang patriotic songs, and there was a gun salute as the showpiece extravaganza to mark 80 years since the end of World War II got underway

France issues arrest warrant for Syria’s Assad over 2012 journalist killings: lawyers

Paris, France -- French judicial authorities have issued arrest warrants for ousted Syrian president Bashar al-Assad and six other top...
  • British photographer Paul Conroy, French reporter Edith Bouvier and Syrian translator Wael Omar were wounded in the attack on the informal press center where they had been working.
  • Assad escaped with his family to Russia after being ousted by Islamist rebels at the end of 2024 although his precise whereabouts have not been confirmed.

Big dreams but no protein shake: Yemeni bodybuilder fighting to make it

Al Mukalla, Yemen -- In a dimly lit, suffocatingly hot gym in Yemen, bodybuilder Saleh Hussein al-Raidi wraps his hands...
  • Raidi is fueled more by passion than the strict nutrition regimen required by his sport, his meals often limited to a small piece of fish with rice.
  • Supporting his family is already a daily struggle, even before he pays for what little specialist food and supplements he can afford.

ChatGPT to get parental controls after teen’s death

Paris, France -- American artificial intelligence firm OpenAI said Tuesday it would add parental controls to its chatbot ChatGPT, a...
  • Parents will also receive notifications from ChatGPT "when the system detects their teen is in a moment of acute distress," OpenAI added.
  • The company had trailed a system of parental controls in a late August blog post.

Israel strikes Hamas officials in Qatar, the first of its kind on Qatari territory

Qatar, which has been a key mediator in efforts to broker a truce in Gaza, said Israeli strikes targeted the...

Latest News

Beyonce, Jay-Z, Grande, and Billie Eilish shortlisted for Oscar

Iran's Asghar Farhad is among a select group of auteurs to have won multiple foreign film Oscars previously again makes...

Tunisia’s president announces constitutional referendum

Kais Saied presented a roadmap for restoring democratic institutions, and announced a nationwide public consultation from January 1 until March...

IMF says Omicron could slow global growth

According to the economists, Omicron's threat to economy will likely be less severe than the previous waves.

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...

First India-Pakistan match since conflict fires up Asia Cup

New Delhi, India -- A blockbuster between India and Pakistan headlines the Asia Cup starting on Tuesday as they face...

Catholic teen set to become first millennial saint

Vatican City, Holy See -- Tens of thousands of pilgrims are expected at the Vatican Sunday for the canonization of...

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Key OPEC+ members to boost oil production again

Oil ministers in the V8 grouping -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and...
  • Those countries had already increased production by 2.2 million bpd in recent months.
  • They said that the new incoming cycle could see up to an extra 1.65 million bpd eventually coming onto the market.

AI giant Anthropic to pay $1.5 bn over pirated books

San Francisco, United States - Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over...
  • "This landmark settlement far surpasses any other known copyright recovery," said plaintiffs' attorney Justin Nelson. "It is the first of its kind in the AI era."
  • San Francisco-based Anthropic announced this week that it raised $13 billion in a funding round valuing the AI startup at $183 billion

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