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Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Aircraft orders drive US manufactured goods demand

A pick-up in aircraft orders boosted demand for big-ticket US manufactured goods in October, with numbers rising more than expected,...

Lebanon MPs fail for sixth time to elect president

Lebanese lawmakers failed for a sixth time to elect a successor to former president Michel Aoun, whose mandate expired last...
  • There have been delays in electing previous Lebanese presidents.
  • This year's vacancy comes as Lebanon is mired in an economic crisis that the World Bank has dubbed one of the worst in recent history.

Israel PM says FBI won’t quiz troops over journalist’s death

Outgoing Prime Minister Yair Lapid said Israeli soldiers "will not be interrogated" by the US' Federal Bureau of Investigation (FBI)...
  • The Israeli army conceded on September 5 that one of its soldiers had likely shot Abu Akleh after mistaking her for a militant.
  • Democratic party lawmakers, rights groups and the Abu Akleh family have been pushing for a US-led inquiry.

US wholesale price inflation slows in October

US wholesale prices continued to rise in October but at a slower pace than in the prior month, according to...
  • The producer price index in US rose just 0.2 percent compared to September, the Labor Department reported.
  • Annual PPI in the US slowed to 8 percent in October, the data showed, down from 8.5 percent in the prior month.

UN chief hopeful Russia will extend grain deal

United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...
  • Russia has said it had yet to decide whether to extend the grain deal beyond November 19, the original date in the agreement.
  • Both Ukraine and Russia are one of the world's top grain producers.

At least 326 killed in Iran crackdown, say NGOs

Iranian security forces have killed at least 326 people in a crackdown on nationwide protests since Mahsa Amini's death in...
  • The protests were fanned by fury over the dress rules for women.
  • The latest toll represents an increase of 22 since the rights group issued its previous figures on November 5.

UN, Russia hold talks on grain, fertilizer exports

United Nations chiefs held talks with Russian officials on the Black Sea agreements on exporting grain and fertilizers, eight days...
  • The talks took place behind closed doors at the UN Palais des Nations headquarters in Geneva.
  • No statement has yet been issued following the meeting.

WTO urges countries to lift green trade barriers

The World Trade Organization urged countries to abolish trade barriers in environmental goods and services to help fight climate change....
  • Trade is a force for good for climate and part of the solution for achieving a low-carbon, resilient and just transition, the WTO said.
  • Reducing tariffs and non-tariff measures on energy-related environmental goods could increase exports of these products by five percent by 2030, the WTO said.

‘Five including four police officers killed in Iran’

Four Iranian police officers and one "terrorist" have been killed in separate incidents in the strife-torn country, state media and...
  • Iran has been rocked by over seven weeks of nationwide protests over the death of 22-year-old Kurdish Iranian woman Mahsa Amini.
  • Amid the wider unrest, clashes have rocked Sistan-Baluchistan province, which borders Pakistan and Afghanistan.

US backs two-state solution in call to Palestinian leader

US Secretary of State Anthony Blinken reaffirmed Washington's commitment to a two-state solution to the Israeli-Palestinian conflict in a phone...
  • The election result in the Jewish state came against the backdrop of soaring violence between Israel and the Palestinians.
  • US Secretary of State Anthony Blinken in a phone call with Palestinian President Mahmoud Abbas also discussed efforts to improve the quality of life for the Palestinian people.

Iranians stage new protest actions despite crackdown

Iranian students protested and shopkeepers went on strike despite a widening crackdown, according to reports on social media, as demonstrations...
  • As the working week got underway, security forces adopted new measures to halt protests at universities in Tehran.
  • An official in Kerman province admitted the authorities were having trouble quelling the protests that erupted after Amini's death on September 16.

Iran fires first ship-based long-range ballistic missiles

TEHRAN, IRAN - Iran's Islamic Revolutionary Guard Corps (IRGC) said on Tuesday it has launched long-range ballistic missiles from a warship...

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Iranian jet fighter crashes, three killed, reports state TV

Jet fighter crashed in a residential area of the northwestern city of Tabriz.

Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai

Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....

UAE consumers prefer online motor insurance

74% of the customers buy car insurance online in the UAE More than 90% of the consumers review car insurance...

Saudi suspends UAE flights due to virus variant

Saudi Arabia has suspended flights to three countries, including the neighbouring United Arab Emirates, to protect against a coronavirus variant,...

US wholesale price inflation slows in October

US wholesale prices continued to rise in October but at a slower pace than in the prior month, according to...

UN chief hopeful Russia will extend grain deal

United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...

At least 326 killed in Iran crackdown, say NGOs

Iranian security forces have killed at least 326 people in a crackdown on nationwide protests since Mahsa Amini's death in...

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WTO urges countries to lift green trade barriers

The World Trade Organization urged countries to abolish trade barriers in environmental goods and services to help fight climate change....
  • Trade is a force for good for climate and part of the solution for achieving a low-carbon, resilient and just transition, the WTO said.
  • Reducing tariffs and non-tariff measures on energy-related environmental goods could increase exports of these products by five percent by 2030, the WTO said.

‘Five including four police officers killed in Iran’

Four Iranian police officers and one "terrorist" have been killed in separate incidents in the strife-torn country, state media and...
  • Iran has been rocked by over seven weeks of nationwide protests over the death of 22-year-old Kurdish Iranian woman Mahsa Amini.
  • Amid the wider unrest, clashes have rocked Sistan-Baluchistan province, which borders Pakistan and Afghanistan.

US backs two-state solution in call to Palestinian leader

US Secretary of State Anthony Blinken reaffirmed Washington's commitment to a two-state solution to the Israeli-Palestinian conflict in a phone...
  • The election result in the Jewish state came against the backdrop of soaring violence between Israel and the Palestinians.
  • US Secretary of State Anthony Blinken in a phone call with Palestinian President Mahmoud Abbas also discussed efforts to improve the quality of life for the Palestinian people.