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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 PIF launches Neo Space Group to boost space industry

Riyadh, Saudi Arabia -- Saudi Arabia's Public Investment Fund (PIF)on Monday launched the Neo Space Group to work on the kingdom's...
  • The Neo Space Group or NSG is the "PIF's first investment focused on the space industry", the sovereign wealth fund said in a statement.
  • It "aims to develop and enhance commercial space operations in Saudi Arabia, providing innovative satellite and space solutions locally and globally", the PIF said.

Israel faces global outcry over Gaza strike that set ablaze tent city

The UN called on Israel to conduct a "thorough and transparent" investigation into the Rafah strike, as the Israeli military...
  • Across the region, the Israeli attack sparked strong protests from mediators Egypt and Qatar as well as from Jordan, Kuwait, Saudi Arabia and Turkey.
  • Turkish President Recep Tayyip Erdogan said "we will do everything possible to hold these barbarians and murderers accountable".

Hamas armed wing says fired ‘large rocket barrage’ at Tel Aviv

Rocket sirens blared in Tel Aviv for the first time in months, with an AFP correspondent reported hearing at least...
  • The Ezzedine al-Qassam Brigades said in a post on Telegram that they had targeted Tel Aviv "with a large rocket barrage in response to the Zionist (Israeli) massacres against civil
  • Israel's army said at least eight rockets were fired towards central areas of the country from Rafah, where its forces have been battling Palestinian fighters

EU hosts talks to strengthen Palestinian Authority for Gaza

A "strong" Palestinian Authority is needed to bring peace in the Middle East, EU foreign policy chief Josep Borrell said...
  • They also came just before Norway -- which was hosting the Brussels meeting -- was on Tuesday is to recognize the State of Palestine, along with Spain and Ireland.
  • Mustafa said Sunday's meeting was "a very important opportunity" for the Palestinian Authority to outline its priorities and plans.

Hamas claims to have taken Israeli soldier ‘prisoner’

The armed wing of Hamas said it had taken "prisoner" at least one Israeli soldier in an ambush on Saturday....
  • Hamas also broadcast images of a soldier being dragged along the ground, presenting the soldier as a captured Israeli
  • In a statement on Telegram, the Israeli army said it "clarifies that there is no incident in which a soldier was abducted".

Musk plans largest-ever supercomputer for xAI startup: report

Washington, United States - Billionaire tech mogul Elon Musk has told investors he plans to build a supercomputer dubbed "gigafactory of...
  • Musk wants the supercomputer - which will string together 100,000 Nvidia chips - operational by fall 2025, and "will hold himself personally responsible for delivering it on time,"
  • The planned supercomputer would be "at least four times the size of the biggest GPU clusters that exist today," such as those used by Meta to train its AI models

Tunisian Jewish pilgrimage sees low turnout amid security fears

Djerba, Tunisia - Only a dozen pilgrims turned up Friday at this year's Jewish pilgrimage on Tunisia's island of Djerba...
  • The pilgrimage to the Ghriba synagogue, Africa's oldest, usually draws thousands of pilgrims from Europe, Israel and beyond, attracting international and local tourists as well
  • But on the first day of the pilgrimage event this year, only about a dozen worshippers were present - almost none of them foreigners

Modi’s struggling rivals to vote as India election resumes

New Delhi, India - India's six-week election resumes Saturday, with top rivals of Prime Minister Narendra Modi due to vote in...
  • Modi, 73, remains roundly popular after a decade in office and his ruling Bharatiya Janata Party (BJP) is widely expected to win a third term next month
  • His prospects have been further bolstered by several criminal investigations into his opponents, sparking concerns from UN rights chief Volker Turk

International Court of Justice orders Israel to halt Rafah offensive

The International Court of Justice also demanded the immediate release of all hostages still held by Palestinian militants, hours after...
  • "The court finds it deeply troubling that many of these hostages remain in captivity and reiterates its call for their immediate and unconditional release," it said.
  • Hamas gave a qualified welcome to the ruling, regretting only that it applied solely to Rafah and not the whole Gaza Strip.

Israel launches deadly Gaza strikes, says ready for new truce talks

Palestinian Territories - Israel launched devastating air strikes on Gaza Thursday, while also expressing readiness to resume stalled talks on...
  • The Gaza Strip's civil defence agency said two pre-dawn air strikes had killed 26 people, including 15 children, in Gaza City
  • Israel has angrily rejected those moves, voicing "disgust" over the ICC request and labelling any recognition of Palestinian statehood a "reward for terrorism."

Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release

The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of...

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Israeli special forces in ‘limited’ Lebanon ground operations, says United States

Israeli forces have launched limited incursions in Lebanon, the United States said on Monday, while Lebanon's national army, dwarfed by...

Two-thirds of Gaza buildings destroyed or damaged: UN

Updating its damage assessment, the UN Satellite Centre (UNOSAT) said very high-resolution imagery collected on September 3 and 6 showed...

Israel prepares for Lebanon ground invasion as Netanyahu tells Iranians ‘change coming soon’

While Israeli defense minister indicates imminent ground invasion of Lebanon speaking to his country's troops, Prime Minister Netanyahu addresses Iranian...

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Israel targets Palestinian group in first strike on Beirut center

Israel hit a Beirut apartment block on Monday, killing three members of a Palestinian armed group in its first strike...
  • AFP journalists reported drones flying over the Lebanese capital throughout Sunday
  • Well over 200,000 people are displaced inside Lebanon and over 50,000 have fled to Syria

Israel and Hezbollah: A complex history of decades-long conflict and tensions

Nicosia, Cyprus - Israel and Lebanon's Shiite Muslim movement Hezbollah, whose leader Hassan Nasrallah was killed in an Israeli air strike...
  • Hezbollah - the "Party of God" - was born in the wake of Israel's 1982 invasion of Lebanon in the country's eastern Bekaa area, and overseen by Iran's Revolutionary Guards Corps
  • In 1985 Hezbollah emerges from the shadows, establishing its armed wing the Islamic Resistance in Lebanon as the spearhead in the fight against Israel

More than 100 killed in Lebanon as Israel attacks south and central Beirut

Israeli fighter jets pounded parts of Lebanon and a drone attacked a Sunni neighborhood in central Beirut killing dozens across...
  • Israel targets predominantly Sunni neighborhood of Kola in central Beirut hitting a residential building
  • France's foreign ministry said late Sunday a second French national had been killed in Lebanon as minister visited Beirut for talks