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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

US House of Representatives overwhelmingly passes TikTok ban bill

The measure requires TikTok's parent company ByteDance to sell the app within 180 days or see it barred from the...
  • The fate of the bill is uncertain in the Senate, where some key figures are apprehensive of making such a drastic move against an app that has 170 million US users.
  • China warned that the move will "inevitably come back to bite the United States." TikTok staunchly denies any ties to the Chinese government.

High inflation leaves Nigeria struggling ahead of Ramadan

Lagos, Nigeria - The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in...
  • With food inflation at around 35 percent, worshipers taking part in Friday prayers at the central mosque in Lagos said they were barely able to provide for their families
  • The government brought in reforms last year that have had a devastating effect on citizens of Africa's biggest economy, where around half the population is Muslim

UAE elected Vice Chair of UNESCO’s committee for promotion of cultural diversity

Abu Dhabi, UAE - The UAE has been elected the Vice Chair of the UNESCO's Intergovernmental Committee (IGC) for the...
  • The appointment was made during the 17th meeting of the committee, which was recently held at UNESCO’s HQ in Paris, France
  • It acknowledges the UAE’s contributions to cultural diversity and its role in fostering a multicultural society both regionally and globally

Reincarnation and realpolitik: Dalai Lama’s succession dilemma

Tibetan activists are keenly aware that his death will mark a major setback in his push for more autonomy for...
  • The 88-year-old spiritual leader, Tenzin Gyatso, has shown no indication of serious health issues, and has said that his dreams suggest he could live until he is 113
  • But as Tibetans mark on Sunday the 65th anniversary of the failed uprising against China, the question of who will succeed their ageing leader is in sharp focus

Iraq economy likely to grow this year, says IMF

BAGHDAD, IRAQ – Economic growth of the country is projected to continue amid fiscal expansion, an International Monetary Fund (IMF)...
  • Medium-term vulnerabilities to oil price volatility have increased significantly, the IMF said.
  • Growth in the non-oil sector has rebounded strongly in 2023 while inflation has receded.

Young Iraqis seek desert retreats for a change from the hustle of big cities

SAMAWAH, IRAQ – Far from the hustle and bustle of major cities, young Iraqis are increasingly taking advantage of a renewed...
  • For years, only the most intrepid of hikers and campers would brave the trips into Iraq's desert.
  • With the rise of social media and a period of relative stability, it has become a popular destination.

US designer, ‘geriatric starlet’ Iris Apfel dies age 102

New York, United States - Iris Apfel, centenarian style icon from the New York borough of Queens immediately recognizable by her...
  • A flamboyant interior designer, she was a fixture on front rows of Paris fashion shows for more than half a century
  • Her cropped white hair, massive glasses, bright lipstick, large-bead necklaces and bangles earned her kooky distinction among New York's glitterati

Asia’s richest man takes global rich to the zoo

The three-day gala -- which saw "Umbrella" singer Rihanna perform on Friday for the first time since last year's Superbowl...
  • Pop icon Rihanna and Facebook founder Mark Zuckerberg are among the rich and famous guests who jetted in for a three-day celebration hosted by Mukesh Ambani
  • Indian media reports said the Ambani family will on Saturday host a "Walk on the Wildside", an event held outdoors in the Anant Ambani's animal rescue center

Oil spills disrupt farming activities in drought-hit Iraq

Oil spills in Iraq -- a country ravaged by decades of conflict, corruption and decaying infrastructure -- have contaminated farmland...
  • Amid the hills of Salaheddin province, puddles of the viscous black liquid pollute the otherwise fertile and green fields, rendering vast swathes of farmland barren
  • "The oil has damaged all that the land can give," said one farmer, Abdel Majid Said, 62, who owns six hectares (15 acres) in the village of Al-Meaibdi

Museum in West Bank displays Gaza’s ‘artistic demonstration’ against war

BIRZEIT, PALESTINIAN TERRITORIES – At a museum in the Israeli-occupied West Bank, Gazan works on display are proclaimed to be an...
  • Alongside contemporary pieces, the works include old, traditional paintings and costumes, as well as archeological artifacts.
  • Gaza's bloodiest war has devastated the small Hamas-ruled coastal territory, with its cultural heritage just one of the many casualties of war.

Hard-hitting drama ‘Adolescence’ to be shown in UK schools

London, United Kingdom - The Netflix drama "Adolescence", which has sparked widespread debate about the toxic and misogynistic influences young...

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‘Beautiful thing’: hijab-wearing singer looks to inspire

Dubai, United Arab Emirates - In a Dubai recording studio, hijab-clad Ghaliaa Chaker tunes her guitar and belts out original songs...

Iraqi date farmers fight drought to protect national treasure

Janājah, Iraq - Bare feet pressed against the rough trunk of a palm tree, his back supported by a metal and...

In the heart of Beirut, one family upholds a unique dessert tradition

Beirut, Lebanon - At a shop nestled in a busy, crowded Beirut district, Hasan El-Makary is weighing out containers of warm,...

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Saudi Arabia submits official bid to host FIFA World Cup 2034 after successful Qatar event in 2022

The next steps include official visits by FIFA and a comprehensive evaluation of the bid.
  • This bid highlights Saudi Arabia’s commitment to Vision 2030
  • Saudi Arabia is currently the sole nation bidding for the 2034 World Cup

Saudi Arabia constitutes center for promoting moderate Islam: North Macedonia Mufti

Skopje – Islamic Union President and Republic of North Macedonia Mufti Sheikh Hafiz Şakir Fetahu stressed that Saudi Arabia has...
  • He expressed gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud
  • The president praised the Kingdom's government for its significant and extensive services to the Two Holy Mosques and their visitors, including pilgrims and Umrah performers

Israel top court rules ultra-Orthodox men must serve in army

Jerusalem, Undefined - Israel's top court ruled unanimously on Tuesday that the state must draft ultra-Orthodox Jewish men into military service,...
  • The High Court of Justice's decision on the politically charged issue comes as calls grow for ultra-Orthodox men to enlist
  • Ultra-Orthodox Jews adhere to a strict interpretation of Jewish custom and largely live in insular communities in Israel and elsewhere