UN force in Lebanon calls for probe into Irish peacekeeper’s death
The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting...
Geostrategy
Argentina seizes 1.6 tons of cocaine headed for Dubai
Argentine authorities seized 1.6 tons of cocaine hidden in animal feed destined for Dubai and detained 12 people, police said...
Geostrategy
Israeli spyware taps 50,000 phone numbers worldwide
An Israeli firm accused of supplying spyware to governments has been linked to a list of tens of thousands of...
ADCB’s H1 net profit surges 76% to AED 2.524 billion
Abu Dhabi Commercial Bank has reported a 76 per cent jump in first-half net profit to AED2.524 billion on the...
Private Israeli malware used to spy on journalists, activists, politicians
The use of the software, called Pegasus and developed by Israel's NSO group, was reported on by the Washington Post,...
Doha: Afghan gov’t, Taliban to meet again after inconclusive talks
Senior representatives of the Kabul government including head of the High Council for National Reconciliation Abdullah Abdullah flew in for...
Deadlock ends: Top oil producers agree on modest output boost
The OPEC+ meeting on Sunday agreed to raise output by 400,000 barrels per day (bpd) each month from August to...
McLaren raises US$757m, adds Saudi wealth fund as investor
The deal makes Saudi Arabia’s PIF a minority shareholder in the group Some of the money raised will be used...
UAE Central Bank unveils norms for retail payment services
The Central Bank of the United Arab Emirates (CBUAE) has unveiled the Retail Payment Services and Card Schemes Regulation.
PIF, Cosco buy stake in Red Sea Gateway Terminal for $280 million
The investment will help to transform RSGT into both a regional and global logistics hub in line with PIF’s mission...
Assad starts new term after re-election described ‘neither free nor fair’
The vote extending Assad's grip on power was the second since the start of a decade-long civil war that has...
Economy in focus as Assad retains Syria’s presidency for fourth term
President Bashar al-Assad vows to focus on economy after taking the oath of office for a fourth term in Syria...
UN force in Lebanon calls for probe into Irish peacekeeper’s death
The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting...
Geostrategy
Company News
Saudi customs seize drugs at port
Investigation
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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,...
Investigation
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...
Arab economies to grow by 2.9% in 2021, 3.6% in 2022: Report
Uneven recovery is expected as eleven Arab countries will likely recover by the end of 2022, while the recovery path...
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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