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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.

Ship attacked by missiles off Yemen coast: UK agency

In the first attack "the vessel experienced an explosion in close proximity to the vessel which was felt by the...
  • There was no immediate claim of responsibility for the attacks, which the United Kingdom Maritime Trade Operations said took place southwest of the Yemeni port of Mokha.
  • The latest incidents follow a lull in attacks by Yemen's Iran-backed Houthi rebels, who have launched dozens of missile and drone strikes targeting shipping since November

Saudi Arabia could get first Miss Universe contestant this year

Riyadh, Saudi Arabia -- Saudi Arabia could have its first Miss Universe contestant this year, organizers said this week, after a...
  • Saudi model Rumy al-Qahtani said she was in "negotiations" about participation in Miss Universe but declined to provide further details.
  • Qahtani told AFP she had previously participated in various pageants in the Middle East and Europe and posed with several sashes she said she obtained at the competitions.

Saudi Arabia to host top Arab, EU diplomats for Gaza talks: officials

The two-day World Economic Forum special meeting, scheduled to begin in Riyadh on Sunday, includes in its official program appearances...
  • French Foreign Minister Stephane Sejourne is among European officials travelling to Riyadh during the summit for talks on Gaza.
  • Saudi Arabia's neighbor Qatar hosts a Hamas political office and has served as a mediator in talks that have so far failed to secure a durable ceasefire.

Ahead of feared Rafah invasion, Palestinians mourn bombardment dead

Israeli government spokesman David Mencer said Israel's war cabinet was meeting Thursday "to discuss how to destroy the last battalions...
  • Global concern has mounted over the looming operation against Hamas in Rafah, where much of Gaza's population has sought refuge from more than six months of war
  • Israeli officials have for more than two months vowed to enter Rafah, near the Egyptian border, but even before any ground operation the area has been regularly bombed

Saudi oil giant Aramco agrees major FIFA sponsorship deal

The deal involves sponsorship rights for multiple events including the 2026 Men's World Cup and the Women's World Cup the...
  • The deal is the latest high-profile investment in global sports for Saudi Arabia who have already been confirmed as the only bid for the 2034 World Cup.
  • In a joint statement it was confirmed Aramco would become FIFA's Major Worldwide Partner exclusive in the energy category.

Oman, UAE deluge ‘most likely’ linked to climate change: Study

Dubai, United Arab Emirates -- Global warming caused by fossil fuel emissions "most likely" exacerbated the intense rains that lashed the...
  • Extreme rainfall in El Nino years has become 10-40 percent heavier in the region affected, a study published by the World Weather Attribution (WWA) group found.
  • Twenty-one people died in Oman and four in the United Arab Emirates, which was battered by the heaviest rainfall since records began for the desert Gulf state 75 years ago.

Israel says forces carrying out ‘offensive action’ in south Lebanon

Israeli forces are carrying out "offensive action" across southern Lebanon, Defence Minister Yoav Gallant said Wednesday without specifying whether ground...
  • The Israeli army said Hizbollah "has established dozens of terror means and infrastructures in the area" to attack Israel
  • Cross-border exchanges of fire have flared between the Israeli army and Hizbollah since Hamas's October 7 attack on Israel triggered war in Gaza

As ‘news deserts’ spread, US journalism fights on

Baltimore, United States - Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance...
  • For more than two decades, since the internet upended the advertising and print model on which newspapers had been based, the industry has been in crisis
  • Nearly half of US counties have just one news source, the report said, often a weekly newspaper. And 228 are on a so-called "watch list" at high risk of losing even that

Israel pummels Gaza after US approves military aid

US-Israeli relations been strained by Israel's conduct of the war in Gaza and Israeli Prime Minister Benjamin Netanyahu's determination to...
  • Media reports said Israel was planning to move civilians from Rafah to nearby Khan Yunis over a period of two to three weeks.
  • Israeli assault has left much of Gaza's medical system in ruins, with medics struggling to treat both casualties of the war and people with pre-existing conditions.

Israel thanks US Senate for approving military aid

Israel's foreign minister on Wednesday thanked the US Senate for approving $13 billion in military aid that he said sent...
  • The $13 billion in military aid that he said sent a "strong message" to the country's enemies
  • The approval comes as the war in Gaza enters its 201st day

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Latest News

HRW says Israeli strikes on Lebanon putting civilians ‘at grave risk’

United Nations "member states should take urgent action to establish an independent inquiry into violations during the current hostilities", said...

Biden warns at UN against ‘full-scale war’ over Lebanon

Biden also pushed again for an elusive ceasefire between Israel and Hamas, telling the global body it was time to...

No peak oil demand ‘on the horizon’, phaseout a ‘fantasy’: OPEC

Paris, France - OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would...

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UN chief warns Lebanon on ‘brink’ as world leaders gather

Top United Nations officials have expressed deep concerns over the violent Lebanon-Israeli situation that has resulted in the deaths of...
  • Lebanese authorities say Israeli strikes killed 558 people - 50 of them children
  • "Lebanon is at the brink," UN Secretary-General said

Lebanon flights suspended as Hezbollah-Israel tensions continue to spiral out of control

Major airlines such as Emirates, Qatar Airways and Air France have suspended growing numbers of flights to Lebanon as tensions...
  • United Arab Emirates-based Emirates announced the temporary suspension of its flights to Beirut
  • Air France on Tuesday extended the suspension of its Beirut flights until October 1

Nearly 500 dead in Israeli strikes on Hezbollah strongholds in Lebanon

Israeli air strikes on Lebanon killed at least 492 people on Monday, including 35 children, Lebanon's health ministry said, marking...
  • Israel said it killed a "large number" of Hezbollah militants when it hit about 1,600 sites in southern and eastern Lebanon
  • EU foreign affairs chief Josep Borrell warned that Israel and Hezbollah were "almost in full-fledged war"