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Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Middle East children are at grave risk in cyberworld

Across the region, parents struggle to shield children from unsavory elements prowling the cyber world, as risks grow with the...

‘Potential hijack’ of ship off UAE coast: UK maritime security agency

The MarineTraffic website, which categorises the vessel as an asphalt and bitumen tanker, said it was travelling to Sohar, a...

Israel can ‘act alone’ against Iran after ship attack: Bennet

Bennett said Israel had shared intelligence with the United States, Britain and others also tying Iran to the attack.

UAE’s non-oil economy picks up in July, strongest in two years

Latest IHS Markit UAE PMI says firms hoped easing of COVID-19 restrictions and the Expo 2020 later this year would...

IMF officially approves increased lending capacity

The program, which had already been approved by the IMF's executive board in mid-July, will be implemented on August 23

Abu Dhabi cuts procedures to start business by 71 percent

Discussions with stakeholders helped the Abu Dhabi government identify and remove duplicate requirements and modify existing requirements to facilitate the...

UAE children aged 3-17 to receive Chinese Sinopharm vaccine

The UAE has decided to inoculate children between the ages of 3 and 17 with Chinese Covid-19 vaccine Sinopharm. Children...

Jordanian flight, with 133 passengers on board, ‘forced’ to make landing

The airline, without disclosing the reason for early landing of the aircraft, said all the passengers and six crew members...

Israel’s govt approves state budget after three-year impasse

A protracted political crisis under former prime minister Benjamin Netanyahu generated political instability that prevented the passing of a state...

RAK Properties net profit rises 348% to AED120m in H1

Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent...

Saudi economy likely to grow nearly five percent this year

Saudi economy is expected to grow 4.8 percent in 2021 from 2.2 percent last year, according to the estimates of...

Tech tycoon Lynch and Morgan Stanley chairman missing after yacht sinks in Sicily

The 56-meter British-flagged sailing yacht "Bayesian" was anchored with 10 crew and 12 passengers on board when it was struck...

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Solar switch may put off electricity crisis in Lebanon

Lebanon's energy industry sees a loss of up to $2bn every year as state treasury pays over $50bn in advances...

Marka: From a star UAE retailer to a bankrupt firm

Flouting norms, massive mismanagement and lack of transparency and corporate governance have potential to take any company the Marka Holding...

REVEALED: Billions of dollars missing from BDL

About US$7 billion is missing from Lebanese central bank’s 2020 balance sheet, data analysis by TRENDS suggests while highlighting weak...

Most Read

UAE prosecutors launch probe into Union Properties

The UAE prosecutors have begun an investigation into Union Properties, the Dubai-based real estate developer, after allegations arose of the...
  • The prosecutors will also investigate accusations that the firm hid the name of the beneficiary of the sale
  • The firm, Union Properties, known for building Dubai Motor City, has not reacted to the start of the investigation

10 worst passports in the Middle East

Which passports are among the worst in the Arab World? Know the details in this Explainer video created by TRENDS.
  • Iraq, Syria, Yemen, Palestine and Libya figure in the list. But which one is at the bottom?
  • Sudan, Lebanon, Jordan and Egypt are also listed, the latest Henley Passport Index highlights.

Have Pandora papers jeopardized Lebanon aid?

The country is already reeling under the impact of its worst-ever economic crisis, shutting down of power stations due to...
  • Offshore companies are legal and were established to reduce the tax burden on some companies that require foreign branches.
  • Lebanon was first in terms of registering individual companies in tax havens, with nearly 3 million papers leaked.