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Ozempic maker lowers outlook

The company posted tepid Q3 results.

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%.

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)...

Biden meets Kadhemi, calls for end to Iraq combat operations

With the Iraqi PM at his side, US president said that his country is "committed to our security cooperation" and...

Two-thirds of UAE workers loyal to their employers: Survey

Basic salary, additional benefits offered by the company and senior leadership are the top three factors perceived to impact employee...

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...

Another Trump indictment looms as grand jury hears election case

Atlanta, United States - Prosecutors investigating Donald Trump's efforts to overturn the 2020 election in the US state of Georgia were...

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Money laundering rose during Covid-19 pandemic, says UAE Central Bank

The Central Bank of the United Arab Emirates has disclosed that there has been an increase in the laundering of...

Saudi gang gets 20 years in prison for laundering $4.5bn

A Saudi court sentenced twenty four Saudis and foreigners to up to 20 years in prison for laundering nearly $4.50...

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...

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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...
  • The authorities transferred 58,317 offenders to their respective diplomatic missions to obtain travel documents
  • The Ministry of Interior said that whoever facilitates the entry of violators to the Kingdom, transports them or provides shelter or any other form of support will face imprisonmen

Drugs seized at Dammam airport

Alert officials of the Zakat, Tax and Customs Authority at King Fahd International Airport in Dammam have seized more than...
  • The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into Saudi Arabia
  • The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into the Kingdom

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