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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.

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."

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.
  • TSMC dominates the global chip industry, and the bulk of its fabrication plants are based in Taiwan, a self-ruled island that is claimed by neighboring China.
  • TSMC announced plans in April for a third factory in the United States, raising its total investment in the United States to US$65 billion.

UN votes symbolically in favor of Palestinian membership

"I have stood hundreds of times before at this podium, but never for a more significant vote than the one...
  • Palestinians in April relaunched a request dating back to 2011 to become full members of the United Nations, where their current status is that of a "nonmember observer state."
  • The vote lets Palestinians submit proposals and amendments directly, without having to go through another country, as is the case now.

Hamas says ‘ball is completely’ in Israel’s hands in Gaza truce talks

"The negotiating delegation left Cairo heading to Doha. In practice, the occupation (Israel) rejected the proposal submitted by the mediators...
  • State-linked Egyptian outlet Al-Qahera News reported Thursday that representatives of both camps left Cairo after two days of negotiations
  • Efforts by Egypt and other mediators, namely Qatar and the United States, "continue to bring the points of view of the two parties closer together", the outlet added

Israel hits Rafah despite US warning on arms transfers

In an interview with CNN on Wednesday, Biden warned he would stop some US weapons supplies to Israel if it...
  • An AFP correspondent and witnesses on Thursday reported Israeli strikes on several parts of Rafah, where the United Nations said 1.4 million people were sheltering
  • Israel has already defied international objections by sending in tanks and conducting what it called "targeted raids" in the east of Rafah

Hezbollah says fighters killed after Israeli strike on south Lebanon

The Lebanese security source, requesting anonymity as they were not authorized to speak to the media, said that "four Hezbollah...
  • Hezbollah said it launched "an air attack with explosive drones" targeting an Israeli military base and its vicinity in retaliation.
  • At least 399 people have been killed in Lebanon in seven months of cross-border violence, mostly militants but also including more than 70 civilians.

Israel destroys dozens of Bedouin homes in Negev desert

Israeli authorities destroyed around 50 homes belonging to Bedouins in the Negev desert on Wednesday, an AFP journalist reported, with...
  • Israel considers the homes built in Wadi al-Khalil to be illegal
  • Only 11,000 bedouins remained within Israel's borders after the 1948 Arab-Israeli War

Biden threatens to stop arm shipments if Israel invades Rafah

Biden, a self-described Zionist, had long resisted stopping any of the $3 billion in weapons the United States sends each...
  • In an interview with CNN Biden also deplored the fact that civilians had been killed by the dropping of US bombs on the Palestinian territory
  • His fresh warning came after the US last week halted a shipment of huge American bombs to Israel as it appeared ready to proceed with a major attack on Rafah

Empty streets and ‘fear’ in Gaza’s Rafah since Israeli incursion

Rafah, Palestinian Territories - Displaced Gazan Marwan al-Masri, sheltering in Rafah, said on Wednesday "life has completely ceased" since Israeli tanks...
  • More than 1.4 million people had crammed into Rafah, a city on the Gaza Strip's southern border with Egypt, as Israeli forces pushed their way southward
  • Caught between Israeli shelling from the east, an Egyptian border to the south and the Mediterranean to the west, many fleeing Rafah went north

South Gaza hospitals have only three days’ fuel left: WHO

Despite international objections, Israel sent tanks into the overcrowded southern city of Rafah on Tuesday and seized the nearby crossing...
  • "The closure of the border crossing continues to prevent the UN from bringing fuel. Without fuel all humanitarian operations will stop," said WHO chief Tedros Ghebreyesus.
  • Tedros said Al-Najjar, one of the three hospitals in Rafah, was no longer functioning due to the ongoing hostilities in the vicinity and the military operation in Rafah.

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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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...

Israel defies ceasefire calls and vows to keep battling Hezbollah

"There will be no ceasefire in the north. We will continue to fight against the Hezbollah terrorist organization with all...

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...

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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.

Ceasefire calls mount as Israeli troops on alert for Lebanon incursion

International calls for restraint mounted Wednesday after Israel's army chief told soldiers to prepare for a possible ground offensive against...
  • Israeli strikes on Lebanon killed 72 people on Wednesday
  • Biden met with French President Emmanuel Macron at the UN General Assembly to discuss ceasefire efforts

OpenAI chief technology officer Mira Murati leaving company

San Francisco, United States - OpenAI chief technology officer Mira Murati on Wednesday said she is leaving the company behind ChatGPT,...
  • Murati called her more than six years at the San Francisco-based company "an extraordinary privilege" and described her decision to leave as difficult in a post on X
  • OpenAI chief Sam Altman replied to Murati's post with his thanks for what Murati has helped the company build, and promised details on a transition plan soon