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ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

Gaza children fly kites to escape horrors of war

RAFAH, PALESTINIAN TERRITORIES – Meters away from the concrete and steel fence separating the Gaza Strip from Egypt, 11-year-old Malak Ayad flies a...

Several nations eager to join Charter of Cooperation, says OPEC Secretary-General

ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in...
  • The names of these countries will be announced after the completion of the ongoing consultations, the OPEC chief said.
  • He said the Charter helps facilitate dialogue and exchange views regarding conditions in the global oil and energy markets.

Saudi Arabia sends $250m to bolster Yemeni government

Saudi Arabia said it had disbursed $250 million in aid to the internationally-recognized government in Yemen. The money follows an...
  • The Yemeni government relocated to Aden, a port city on the southern coast, after the Iran-backed Houthis seized the capital Sanaa in 2014.
  • In 2015 Saudi Arabia mobilized an international coalition intended to oust the Houthis.

US teens make efforts for Jewish-Muslim dialogue in New Jersey suburb

TEANECK, US - They are only teenagers, but a pair of New Jersey high school students -- one Jewish and one...
  • The unexpected success of that first meeting led to a second, larger one, and the girls since have enjoyed support.
  • Despite the strong turnout, the girls were not overly optimistic about the outcome of the meeting.

Hamas, Saudi warn of calamity if Israeli troops attack Rafah

Prime Minister Benjamin Netanyahu this week said he had ordered troops to prepare to go in to the city, crowded...
  • Hamas said any military action would have catastrophic repercussion that "may lead to tens of thousands of martyrs and injured if Rafah... is invaded".
  • Saudi Arabia said that Israel's planned army operation in overcrowded Rafah would cause a "humanitarian catastrophe".

World’s biggest flying lab comes to Asia on air pollution mission

Clark, Philippines - NASA has kicked off a series of marathon flights in Asia with the world's biggest flying laboratory, in...
  • Starting this week in the Philippines, the US agency's DC-8 is flying for up to eight hours at a time, sometimes just 50 feet from the ground, to swoop up air particles for study.
  • Millions of deaths each year are linked to air pollution, and improving the ability to identify its sources and behavior can lead to more accurate warning systems for the public.

Law, politics hamper UK museum return of artifacts

LONDON, UK - British museums, like others across Europe, are under pressure to return artworks taken during the colonial era, including...
  • Politicians have little appetite to change the legal framework that is currently blocking full restitutions by national museums, campaigners say.
  • British laws dating from the 1960s and 1980s prevent national museums, such as the British Museum and the V&A, from making returning artifacts.

Scientists in UK create new fusion record

LONDON, UK - Scientists in Britain announced on Thursday they had smashed a record for generating fusion energy in the final...
  • Over 300 scientists and engineers from EUROfusion contributed to JET's landmark experiments over 40 years.
  • Proponents believe it could one day help tackle climate change by providing an abundant, safe and clean source of energy.

World sees first 12 months above 1.5C warming level, says climate monitor

PARIS, FRANCE -  Earth has endured 12 consecutive months of temperatures 1.5C hotter than the pre-industrial era for the first time...
  • Recent months have seen a global onslaught of extremes, including devastating drought gripping the Amazon basin
  • The UN's IPCC climate panel had already warned that the world will likely crash through 1.5C in the early 2030s.

Gaza solidarity boycott hits global food chains

As customers in the Middle East shun international restaurants, local businesses report they have benefited from the boycott.
  • Starbucks sales grew at their slowest pace in a year, and profits fell short of Wall Street estimates as a spending slowdown took its toll.
  • McDonald's shares declined for the second day after the company failed to achieve targeted sales for the first time since 2020 due to the war in the Middle East.

UAE, Russian Presidents discuss regional and global developments

ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone to President of the Russian Federation...
  • Sheikh Mohamed reiterated the UAE's steadfast commitment to promoting peace and stability both regionally and globally.
  • The UAE and Russian Presidents discussed several issues of mutual interest, with a particular focus on the Ukraine conflict.

UN rights council to consider call for Israel arms sales halt

The UN Human Rights Council on Friday is set to consider a draft resolution calling for a cessation of arms...

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Google’s new AI for corner kick tactics gets Liverpool approval

PARIS, FRANCE – Liverpool football analysts have given their seal of approval to a new artificial intelligence tool from Google that...

Masdar to buy stake in Terra-Gen

Masdar to buy 50 percent stake in Terra-Gen from ECP.

UAE investments abroad reach US$2.5trn in beginning of 2024, says UAEIIC

ABU DHABI, UAE – The United Arab Emirates has solidified its position as a leading regional and global player in...

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Attack on Gaza’s Rafah inevitable, says Israeli PM

Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security...
  • Israel has repeatedly threatened to launch a ground offensive against Hamas in Rafah.
  • US has said it cannot support a Rafah operation without a "credible, achievable, executable plan" to shelter civilians.

Gemini’s inaccurate AI racial images warn of tech titans’ power

AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out...
  • Gaffes such as the images of ethnically diverse Nazi troops forced Google to temporarily stop users from creating pictures of people.
  • Social media users mocked and criticized Google for historically inaccurate images, like those showing a female black US senator from the 1800s.

Saudi Arabia takes part in global mineral and mining meet in Canada

RIYADH, SAUDI ARABIA – A delegation comprising several entities from the Kingdom’s industry and mineral resources' system participated in PDAC...
  • The Saudi delegation held meetings with teams from Canada, the Czech Republic and Ecuador.
  • These are part of the 85 meetings they will hold with officials of countries and global firms participating in the event.