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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

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...

UAE ranks 1st regionally in UNDP Human Development Report

The UAE has ranked 26th globally and first in the Arab world in the 2021/2022 Human Development Report, which is...

Qatar FM in Iran just days after US visit; calls for stronger regional ties

Sheikh Mohammad bin Abdulrahman Al-Thani, who is also Qatar's Deputy Prime Minister, and Iran's president-elect Ebrahim Raisi discussed bilateral cooperation...

Tunisian president suspends parliament, dismisses PM

The country's ruling party, the Islamist-inspired Ennahdha, slams the President Kais Saied’s decision to suspend the parliament as unconstitutional and...

Iraq, Lebanon sign deal to swap fuel oil for medical services

Under the deal, Lebanon will receive one million tonnes of fuel oil in exchange for "goods and services", a statement...

NSO Group of Israel ‘complicit’ in rights abuse, says Amnesty

Israel has started a probe into the Tel Aviv-headquartered NSO Group, even as the company itself says it will investigate...

Tunisia hit by a record number of Covid deaths as 317 perish

The North African country struggles to cope with the surge as hospitals fill up and vaccination can't keep up pace

Iran’s new oil terminal to bypass Gulf chokepoint

Tehran inaugurated Thursday the terminal in Jask, on the Gulf of Oman, allowing tankers to avoid the Strait of Hormuz...

Saudi officials seize a big load of drugs at border with Jordan

A consignment of two million illegal pills was seized by the Saudi authorities along the kingdom’s border with Jordan. The...

140 Palestinians injured in clashes at flashpoint West Bank village

Hundreds of Palestinians gathered in Beita, located in the north of the Israeli-occupied West Bank, to protest against the nearby...

Cyberattack ruled out in third Internet outage in two months

Another massive outage hits internet services on Thursday, July 22, affecting the websites of major companies across the globe.

Saudi Arabia, UAE deny Pegasus spyware allegations

Saudi Arabia and the United Arab Emirates have dismissed allegations they used Israeli-supplied Pegasus malware to spy on journalists and...

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...

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Five cities poised to become GCC tech hubs

As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as...

Police rescues Egyptian boy from kidnappers

The Egyptian boy snatched from his mother by two masked men while buying grocery has been reunited with parents, after...

16,000 held in five days for violating Saudi laws

In a wide crackdown against offenders violating various laws of the kingdom, Saudi Arabia has arrested 16,000 people for contravening...

Most Read

GCC seeks to tap green hydrogen demand

The GCC countries see hydrogen as a key factor in fuel transition and have drawn up plans to export green...
  • UAE first in GCC to reduce emissions by 24 percent by 2030 and to 50 percent by 2050
  • GCC countries have plenty of space, sunshine wind energy in some areas

Saudi customs seize drugs at port

Alert officials of Saudi customs prevented an attempt to bring in contraband drugs into the kingdom at Jeddah Islamic Port,...
  • The floor of the truck had been hollowed out to hide the pills in
  • Two people who were due to receive the drugs were arrested

Saudi British Bank posts $245m net profit in Q2, year after big losses

A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable...