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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

Fatah urges Hamas to cede power to safeguard ‘Palestinians’ existence’

Gaza City, Palestinian Territories -- Palestinian president Mahmud Abbas's Fatah movement called on Hamas on Saturday to relinquish power in...
  • "Hamas must show compassion for Gaza, its children, women and men," Fatah spokesman Monther al-Hayek said in a message sent to AFP from Gaza.
  • Hamas seized power in Gaza in 2007 from the Fatah-dominated Palestinian Authority, and subsequent attempts at reconciliation have failed.

Russia hopes for ‘progress’ at upcoming Saudi talks: negotiator

Moscow has rejected a joint US-Ukraine proposal of a full and unconditional 30-day ceasefire, instead suggesting just to halt aerial...
  • US negotiators will meet separately with Ukrainian and Russian delegations in Riyadh, in what US envoy Keith Kellogg described as "shuttle diplomacy" between hotel rooms.
  • Despite the flurry of diplomacy and push from US President Donald Trump, a breakthrough has so far proved elusive.

Istanbul Bar Association board dismissed over ‘terror propaganda’

The Istanbul Bar Association's executive board was dismissed Friday on grounds of "terrorist propaganda" and "publicly spreading false information", according...
  • The Turkish military insists it never targets civilians but only terror groups
  • The bar association issued a statement saying "targeting members of the press in conflict zones

Israel defence minister threatens to annex parts of Gaza unless Hamas frees the remaining Israeli hostages

The warning came as Israel stepped up the renewed assault it launched on Tuesday, shattering the relative calm that had...
  • Gaza's civil defence agency said Israeli strikes killed 11 people on Friday -- three in pre-dawn strikes and eight more during the daytime
  • Should Hamas not comply, Katz also threatened to expand buffer zones around Gaza to protect Israeli civilian population areas

UN warns of ‘massive trauma’ for Gaza’s children amid renewed fighting

Sam Rose, the senior deputy field director in Gaza for the UN agency for Palestinian refugees UNRWA, highlighted the psychological...
  • James Elder, a spokesman for the UN children's agency UNICEF, said traumatized children usually only start to process their trauma when they begin returning to normalcy.
  • Humanitarians warned the situation has been made worse by Israel's decision earlier this month to cut off aid and electricity to Gaza over the deadlock in negotiations.

Macron announces new Ukraine ‘coalition’ summit in Paris on March 27

French President Emmanuel Macron on Thursday said the leaders of a coalition of Ukraine backers would meet again in Paris...
  • Macron, together with British Prime Minister Keir Starmer, has been leading efforts to form a coalition in support of Ukraine
  • Starmer on Thursday hosted talks with around 30 senior military planners from nations interested in the coalition

Israel deepens Gaza offensive, shuts key routes, and orders evacuations amid heavy civilian casualties

US President Donald Trump "fully supports" Israel's renewed Gaza operations, White House Press Secretary Karoline Leavitt told reporters when asked...
  • The offensive has drawn widespread condemnation and shattered a relative calm in the war-ravaged Palestinian territory where a ceasefire began on January 19
  • Israel earlier said it had closed off the territory's main north-south route as part of expanding ground operations that resumed on Wednesday

Russia to hold talks with US in Riyadh Monday: Kremlin

Donald Trump spoke to both Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky this week and the US is also due...
  • "From the Russian side, they will be attended by Grigory Karasin, chairman of the Senate's committee on international affairs, and Sergei Beseda, advisor to the head of FSB.
  • Ushakov said he had confirmed this after talks with US National Security Advisor Mike Waltz. Both agreed to send "expert groups" for the talks, he added.

Israel announces ground operations, issues ‘last warning’ to Gazans to remove Hamas from power

Israeli forces this week conducted the deadliest wave of air strikes since the start of a truce in January, killing...
  • The military said it had "begun targeted ground operations in the central and southern Gaza Strip to expand the security perimeter
  • Families with young children fled northern Gaza for areas further south, fearing for their lives after Israel urged civilians to leave

Putin has upper hand in Trump talks on elusive Ukraine peace: analysts

Paris, France - Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving...
  • During the call on Tuesday, Putin refused a full ceasefire agreement proposed by Washington
  • The Kremlin said Trump had also backed Putin's proposal to hold ice hockey matches between American and Russian players

US to send ‘more weapons’ to Ukraine, after last week’s halt to shipments: Trump

US President Donald Trump said Monday the United States will send additional weapons to Ukraine, after the White House announced...

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China’s Xi in Kazakhstan to cement Central Asia ties

Astana, Kazakhstan - Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his...

Israel, Iran trade missile fire as Trump warns Tehran to ‘evacuate’

The United States and Iran had engaged in several rounds of indirect talks on Tehran's nuclear programme in recent weeks,...

G7 urges Iran de-escalation as Trump makes hasty summit exit as ally Israel pounds Iran

The G7 statement said that Israel "has a right to defend itself" and stressed "the importance of the protection of...

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France shuts Israeli weapons industry booths at Paris Air Show

The decision added drama to the major aerospace industry event, which was already under the shadow of last week's deadly...
  • The booths displayed "offensive weapons" that could be used in Gaza -- in violation of agreements with Israeli authorities, a French government source told AFP.
  • The companies -- Israel Aerospace Industries (IAI), Rafael, Uvision, Elbit and Aeronautics -- make drones and guided bombs and missiles.

Netanyahu sees Gaza hostage release ‘opening’, orders talks

Israeli Prime Minister Benjamin Netanyahu said Sunday he ordered negotiators to "advance" talks on releasing hostages held in Gaza, after...
  • Speaking on US news channel Fox News, Netanyahu said that US Middle East envoy Steve Witkoff "made an offer to begin a 60-day ceasefire
  • Of the 251 hostages seized during Hamas's October 7, 2023 attack on Israel that sparked the war in Gaza, 52 are still held in Gaza, including 34 the Israeli military says are dead

Iran tells mediators it won’t negotiate ‘while under attack’: official

Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...
  • Israel unleashed a punishing fresh barrage of strikes across Iran in a third day of exchanges Sunday
  • The latest conflict marked the first time the two sides have traded fire with such intensity