Search Site

Global

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.

Turkey says Erdogan to meet Joe Biden at White House on May 9

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan will meet with US counterpart Joe Biden at the White House on May...
  • The Biden administration in January approved $23 billion in F-16 warplanes for Turkey swiftly after it ratified Sweden's stalled NATO membership bib
  • Some analysts additionally linked Turkey's continued delays to Erdogan's anger at Washington for its support of how Israel is pursuing its war against Hamas

US census to include Middle Eastern or North African category

The next US census and federal government forms will include new options for race and ethnicity including a category for...
  • "These updated standards will help create more useful, accurate and up-to-date federal data on race and ethnicity," US Chief Statistician Karin Orvis said.
  • These revisions will enhance the ability to compare data across federal agencies, and to understand how federal programs serve a diverse America.

US Federal Reserve’s preferred inflation gauge ticks up as fuel costs rise

WASHINGTON, US – The US central bank's favored measure of inflation edged higher last month on the back of rising fuel...
  • The personal consumption expenditures price index rose at an annual rate of 2.5 percent in February.
  • Much of the February increase in the cost of goods came from energy prices, which rose 2.3 percent from January.

Russia says ‘evidence’ links Ukraine to Moscow attack

MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...
  • Russian officials alleged the suspects had received "significant amounts of money and cryptocurrency from Ukraine".
  • The officials said that said another man "involved in financing the terrorists" had been identified and detained.

Rise in remittances hikes demand for Jordanian dinar, says chamber of commerce

AMMAN, JORDAN – Rising remittances from the Kingdom’s citizens working abroad has contributed to increasing demand for Jordanian dinar. Exchange...
  • There are positive indicators suggesting a stabilization in Jordan’s economy.
  • Presently the currency exchange sector comprises 250 firms across Jordan.

US defense chief tells Israeli counterpart that Gaza toll is ‘too high’

US Defense Secretary Lloyd Austin told his Israeli counterpart Yoav Gallant that civilian casualties in Gaza are "too high". A...
  • A senior Pentagon official said that US Defense Secretary had discussed his hopes that negotiations would "soon produce the release of all hostages."
  • The United States has backed Israel with both military and diplomatic support.

Trump tells Israel media ‘you’re losing support’ over Gaza war

Former US president Donald Trump warned Israel in an interview that it was losing support over the war in Gaza....
  • Trump frequently touts himself as a devoted ally of Israel, pointing to his decision to move the US embassy to Jerusalem.
  • The former US President said he would have responded to Hamas's attack "very much the same way" Israel did.

World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City

RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
  • Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
  • Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.

EU imports US$120.5bn worth of energy products in Q4 2023

BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...
  • Compared with the same period in 2022, imports decreased both in value (-34.2 percent) and in net mass (-11.7 percent).
  • Comparing 2023 with 2022, the value of energy products dropped by 35 percent, while the volume dropped by 9.4 percent.

Putin vows retribution on Moscow concert hall attacks, as toll rises

Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
  • It is the deadliest attack on Russia in almost two decades and the deadliest in Europe to have been claimed by the Islamic State.
  • Russian officials expect the death toll to rise further, with more than 100 injured in hospital.

Diplomats say at least 550 pilgrims died during hajj, mostly Egyptians

"All of them (the Egyptians) died because of heat" except for one who sustained fatal injuries during a minor crowd...

Latest News

UAE ranks first in Arab world, 11th globally in Global Knowledge Index

Qatar was at the 38th place, Saudi Arabia at 40, Kuwait (48), Oman (52), and Bahrain (55) in the Global...

IMF says Omicron could slow global growth

According to the economists, Omicron's threat to economy will likely be less severe than the previous waves.

Biden, Kadhemi meeting to focus on US troop withdrawal from Iraq

The White House talks between the two allies come just a week after a deadly attack claimed by the Islamic...

Oil prices extend gains after OPEC+ talks fail, equities mixed

Brent broke above $77 for the first time since 2018 Breakdown of talks raises the possibility of $100 a barrel...

Saudi Arabia to create 40,000 jobs for its nationals

Job creation is part of Saudi strategy to help residents obtain high-quality jobs The strategy seeks to push more Saudi...

Liberty Media buy MotoGP

Formula One owners paid US$4.5 billion for the deal.

Debt, trade barriers drag Asian economies in 2024, says World Bank report    

BANGKOK, THAILAND – Asian economies are not doing as well as they could and growth in the region is forecast...

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...

Most Read

Death toll in Israeli strikes on Syria climbs to 52, says monitor

Beirut, Lebanon - The death toll in Israeli air strikes on Syria has risen to 52, including 38 government soldiers and...
  • They targeted "a rocket depot belonging to Lebanon's Hizbollah" near the Aleppo airport in northern Syria, the war monitor said.
  • Israeli strikes on targets in Syria have increased since Israel's war against the Hizbollah-allied Hamas group in the Gaza Strip broke out on October 7.

Turkey says Erdogan to meet Joe Biden at White House on May 9

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan will meet with US counterpart Joe Biden at the White House on May...
  • The Biden administration in January approved $23 billion in F-16 warplanes for Turkey swiftly after it ratified Sweden's stalled NATO membership bib
  • Some analysts additionally linked Turkey's continued delays to Erdogan's anger at Washington for its support of how Israel is pursuing its war against Hamas

US census to include Middle Eastern or North African category

The next US census and federal government forms will include new options for race and ethnicity including a category for...
  • "These updated standards will help create more useful, accurate and up-to-date federal data on race and ethnicity," US Chief Statistician Karin Orvis said.
  • These revisions will enhance the ability to compare data across federal agencies, and to understand how federal programs serve a diverse America.