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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.

Lebanon resumes ‘voluntary’ repatriations of Syrians

Syrian state news agency SANA reported that an unspecified number of people had arrived from Lebanon as part of the...
  • Around 330 people had registered to be part of the "voluntary return"
  • Lebanon, which has been mired in a crushing economic crisis since late 2019, says it hosts around two million Syrians, the world's highest number of refugees per capita

Fierce fighting rocks Gaza after US warning of anarchy, insurgency

The city on the Egyptian border had been sheltering 1.4 million Palestinians, according to the United Nations, but Israel's military...
  • AFP correspondents in Gaza reported helicopter strikes and heavy artillery shelling in the east of Rafah, as well as battles in northern Gaza's Jabalia refugee camp
  • Israel last week defied a chorus of warnings - including from top ally Washington - and sent tanks and troops into the east of Rafah to pursue fighters

India, Iran sign 10-year agreement to develop port project

Tehran, Iran - India and Iran on Monday signed a 10-year contract to develop and equip the strategic Chabahar port in...
  • The agreement will give India 10-year access to use the port, located close to Iran's southeastern border with Pakistan, according to Iran's Ministry of Roads and Urban Development
  • The contract will in turn see India Ports Global Limited (IPGL) invest $370 million into "providing strategic equipment" and "developing the transport infrastructure of the port".

Kuwait approves new government amid political crisis

Kuwait's emir approved a new cabinet Sunday two days after he dissolved the parliament elected only weeks earlier, and he...
  • The new government -- the small emirate's 46th -- is headed by Prime Minister Sheikh Ahmed al-Abdullah al-Sabah
  • MPs have previously accused ministers of corruption

Israel opens new border crossing into northern Gaza

Israel said its Kerem Shalom southern crossing with Gaza reopened on Wednesday, three days after being closed because of rocket...
  • Israeli tanks entered Rafah in southern Gaza on Tuesday, seizing control of the Palestinian side of the crossing from Egypt
  • The United Nations has said it has not been able to receive aid through Gaza's two main crossings in days

Egypt says to support South Africa ICJ case against Israel

Pretoria brought its case to the ICJ in December, calling on the UN court to order Israel to suspend its...
  • Egypt said its move to back the case comes "in light of the worsening severity and scope of Israeli attacks against Palestinian civilians in the Gaza Strip".
  • It further pointed to Israel's systematic "targeting of civilians and destruction of infrastructure" and "pushing Palestinians into displacement and expulsion".

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.
  • The Qatari state-owned hydrocarbon giant will receive stakes in the Cairo and Masry concessions off Egypt's north coast.
  • Under the deal, the operator ExxonMobil retaining 60 percent, QatarEnergy said in a statement.

Hamas says Israeli-British hostage held in Gaza dead

Popplewell was kidnapped from his home during Hamas's October 7 attack along with his mother, Hanna Peri, who was released...
  • Earlier on Saturday, the Ezzedine Al-Qassam Brigades released an 11-second clip showing captive Nadav Popplewell alive and identifying himself
  • In the video, the footage was superimposed with text in Arabic and Hebrew that read: "Time is running out. Your government is lying."

US slams Israel’s use of American weapons in Gaza

The US has warned that the reputational damage Israel will suffer if it storms a city where an estimated 1.4...
  • Israel's main international ally said it was "reasonable to assess" that Israel has used weapons in ways inconsistent with international humanitarian law
  • Relations between the two allies sunk earlier in the week after US President Joe Biden threatened to halt some arms deliveries if Israel went ahead with an assault on Rafah

Kuwait emir dissolves parliament in new political crisis

The state's ruler attributed his move to the "interference" of some MPs in the emir's powers and others imposing "conditions"...
  • The Kuwait News Agency (KUNA) said "an emiri order was issued to dissolve the national assembly and suspend some articles of the constitution for a period not exceeding four years
  • It said the emir, Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah, and the council of ministers were "assuming the powers granted to the national assembly."

UN probe says women, children comprise the majority of Gaza war dead

In a fresh report, the United Nations Human Rights Office (OHCHR) detailed a raft of violations of international law. Many...

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Helpless! Top EU diplomat regrets failure to ‘stop’ Netanyahu

EU foreign affairs chief Josep Borrell voiced regret Friday that no power, including the United States, can "stop" Israeli Prime...

Israeli air strikes hit densely populated Hezbollah bastion in Beirut

The strikes were by far the largest in scale. Iran embassy in Lebanon warns that the strikes 'change the rules...

Saudi Arabia announces coalition to push for Palestinian state

Prince Faisal bin Farhan said the "International Alliance to Implement the Two-State Solution" included Arab and Islamic countries, as well...

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US offers $20 mn for info on Iranian behind Bolton assassination plot

Washington, United States- The US State Department announced a $20 million reward on Thursday for information leading to the arrest of...
  • US officials said in August 2022 that they had uncovered a plot by Shahram Poursafi, a member of Iran's IRGC to kill Bolton who served as NSA to former president Trump
  • The State Department's "Rewards for Justice" program "is offering a reward of up to $20 million for information leading to the arrest or conviction" of Poursafi, a notice said

US gives US$8.7 billion in military aid to Israel amid global push for a ceasefire

While international pressure on Israel for ceasefire in Lebanon and Gaza intensifies, Netanyahu refuses to slow down military operations. Lebanese...
  • Lebanese authorities said Thursday that more than 1,500 people had been killed in almost a year of cross-border violence
  • Yemen’s Huthis: “will not hesitate to support Lebanon and Hezbollah” as cross-border fire between the Lebanese group and Israel intensifies

World’s first CO2 storage service soon ready in Norway

Øygarden, Norway -- Norway inaugurated Thursday the gateway to a massive undersea vault for carbon dioxide, a crucial step before opening...
  • The Northern Lights project plans to take CO2 emissions captured at factory smokestacks in Europe and inject them into geological reservoirs under the seabed.
  • The aim is to prevent the emissions from being released into the atmosphere, and thereby help halt climate change.