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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.

Israel blocks humanitarian aid to Gaza as ceasefire’s first phase ends, sparking global outrage

Truce mediators Egypt and Qatar accused Israel of blatantly violating the ceasefire deal by halting the aid, a move left trucks...
  • Early on Sunday Israel had announced a truce extension until mid-April that it said United States Middle East envoy Steve Witkoff had proposed
  • But Hamas has repeatedly rejected an extension, instead favouring a transition to the truce deal's second phase that could bring a permanent end to the war.

PKK declares ceasefire with Turkey after 40 years of armed struggle

Istanbul, Turkey - Outlawed Kurdish militants on Saturday declared a ceasefire with Turkey following a landmark call by jailed PKK...
  • The PKK, designated a terrorist group by Turkey, the United States and the European Union, has waged an insurgency since 1984 with the aim of carving out a homeland for Kurds
  • Turkey's vice president Cevdet Yilmaz said "a new phase" began toward achieving the goal of a "terror-free Turkey", without making any mention of the PKK statement

Israel endorses plan to extend Gaza truce as first phase draws to close, Hamas wants permanent peace

The first phase of a ceasefire deal between Israel and Palestinian militant group Hamas was set to expire over the...
  • Negotiations have so far been inconclusive, with the fate of hostages still held in Gaza and the lives of more than two million Palestinians hanging in the balance.
  • A senior Hamas official told AFP the Palestinian militant group was prepared to release all remaining hostages in a single swap during the second phase

Two lunar landings in a week for NASA’s private Moon fleet

Washington, United States -- More than fifty years passed between the last Apollo mission and the United States' return to...
  • First up is Firefly Aerospace's Blue Ghost Mission 1, nicknamed "Ghost Riders in the Sky."
  • Blue Ghost's arrival will be followed on March 6 by Intuitive Machines' IM-2 mission, featuring its lander, Athena.

Europe backs Zelensky after White House showdown with Trump

German Foreign Minister Annalena Baerbock said the "unspeakable" row "underlined that a new age of infamy has begun". Friedrich Merz,...
  • Russia backed Trump, who openly berated Zelensky on Friday and accused him of having "disrespected" the United States.
  • European Union chiefs Antonio Costa and Ursula von der Leyen assured Zelensky in a joint statement that he was "never alone".

Trump and Zelensky clash in heated Oval Office meeting over Ukraine peace deal

During a tense meeting at the White House, Trump and Zelensky argued over the war with Russia, with Trump accusing...
  • Zelensky was at the White House to sign a deal on sharing Ukraine's mineral riches and discuss a peace deal with Russia, despite the US president recently branding him a dictator
  • Tempers frayed after Vice President JD Vance said that "diplomacy" was needed to end the war. Zelensky asked "what kind of diplomacy" and Vance accused him of being disrespectful

Mediators hope for end to conflict as next phase of Gaza ceasefire talks in Cairo begins

Mediator Egypt say Israeli, Qatari and US delegations were already in Cairo for "intensive" talks on the next stage of...
  • A hostage-Palestinian detainees swap early Thursday was the final one under the initial stage of the truce that took effect on January 19.
  • Over the past several weeks, Hamas freed in stages 25 living Israeli and dual-national hostages and returned the bodies of eight others.

Hamas, Israel prisoner swap advances as talks for ceasefire’s next phase loom

Israeli authorities received four hostage bodies from Hamas, while Palestinian prisoners were welcomed in Ramallah, as ceasefire negotiations involving Egypt,...
  • The office of Prime Minister Benjamin Netanyahu confirmed they had received the coffins of "four fallen hostages", and a process to formally identify them had started in Israel
  • The ceasefire has largely halted the war sparked by Hamas's October 7, 2023 attack on Israel, and seen 25 hostages released alive so far in exchange for more than 1,100 prisoners

Clip of Gaza as seaside resort posted on Trump social media accounts

The video, which racked up more than 15 million views on Instagram and was shared thousands of times on Trump's...
  • The 33-second clip remained on Trump's accounts without denial or retraction hours after the initial posting.
  • Trump has floated the idea of a US takeover of Gaza under which its Palestinian population would be relocated -- a proposal met with global condemnation.

Deal restored: Hamas, Israel finalize exchange of Palestinian prisoners for bodies of Israeli hostages

Mediators have revived a deal for Israel to release Palestinian prisoners in exchange for the bodies of four Israeli hostages,...
  • Palestinian militant group Hamas confirmed the agreement, under Egyptian supervision, saying it was part of the first phase of its ceasefire deal with Israel
  • On Sunday, Hamas accused Israel of endangering the five-week-old Gaza truce by delaying the release of 600 Palestinian prisoners

Trump says ‘no extensions’ to Aug 1 tariff deadline

While Trump imposed a sweeping 10 percent tariff on goods from almost all trading partners in April, higher rates customized...

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Trump due in Canada as G7 confronts Israel-Iran crisis, may consider joint stance

Trump has praised Israel's strikes, noting it used US weapons, even though Prime Minister Benjamin Netanyahu defied his public calls...

Israel pounds Iran from west to east in deepest strikes yet, Tehran police headquarters hit

Israel's military said its air force hit Mashhad airport in Iran's far east, making it the longest-range strike of the...

Trump pocketed over $57 mn from crypto coin sales

New York, United States -- US President Donald Trump pocketed more than $57 million from token sales by the crypto...

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Tens of thousands dressed in red rally in Dutch protest for Gaza

Rights groups such as Amnesty International and Oxfam organized the demonstration through the city to the International Court of Justice,...
  • "More than 150,000 people here dressed in red just want concrete sanctions to stop the genocide in Gaza," said Michiel Servaes, director of Oxfam Novib.
  • A previous protest in The Hague on May 18 drew more than 100,000 people, according to organizers, who described it as the country's largest demonstration in 20 years.

MENA brief Jun 15: Erdogan warns of ‘devastating war’, Gaza internet restored

Iran announced it will scale back cooperation with the International Atomic Energy Agency (IAEA), expressing deep dissatisfaction over what it...
  • With strategic ties to both Iran and the United States, Baghdad is engaging both capitals in a bid to maintain its neutral stance.
  • The UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan has engaged in telephone diplomacy with several counterparts, focusing on regional de-escalation.

8 killed in overnight strikes on Israel, Iran’s defense headquarters hit

In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in...
  • In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in a rocket strike.
  • An MDA spokesman told Israeli broadcaster Channel 12 that around 200 people were wounded in overnight missile strikes fired by Iran.