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Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Tehran objects to presence of anti-Iran forces at Kurd event in Iraq

TEHRAN, IRAN- Iran has summoned Iraq's ambassador to protest over the presence of Iranian opposition groups at an official ceremony in...
  • Iran reacted sharply to the invitation of what it calls as separatist groups during a function in Iraq's autonomous region of Kurdistan.
  • Tehran, which refers to all Kurdish groups who oppose the Iranian government as 'terrorists', summoned the Iraqi envoy over the incident.

Anger among people in Turkey, voters divided on election eve

Widespread public anger at the state's slow response to the tragedy leads many believe that Hatay's electors will vote differently.
  • Several people who were forced to flee their homes have returned to take part in the elections.
  • Many people are annoyed that after the earthquake the Turkish state had abandoned them.

Dozens file ‘documents’ to take part in Kuwait polls next month

Kuwait City, Kuwait -- Dozens of candidates have submitted their candidacy documents for Kuwait's National Assembly election, set to take...
  • On Saturday, 31 candidates registered to run in the elections, the second day of registration, bringing the total of hopefuls so far to 61
  • The oil-rich country has seen much wrangling between the government and the elected parliament, hampering fiscal reforms

Myanmar’s junta sets free over 2,000 political prisoners

The junta said in a statement that pardons were granted to 2,153 prisoners to mark the birth anniversary of the...
  • The announcement of the prisoner release coincided with the visit of Chinese Foreign Minister Qin Gang to Myanmar for talks with generals
  • According to a local monitoring group, some 21,000 people have been arrested since the ouster of Aung San Suu Kyi's government by the military

Kuwait Crown Prince dissolves National Assembly, again

Kuwait City -  Kuwait's Crown Prince, Shaikh Mishal Al-Ahmad Al-Jaber Al-Sabah, issued a decree on Monday to dissolve the National...
  • Despite being the only Gulf Arab state to have an elected government, the emirate - one of the world's largest producers of crude oil - remains mired in political turmoil
  • The country suffers from constant stand-offs between elected lawmakers and cabinets installed by the reigning Al-Sabah family, which keeps a firm grip on political life

Saudi evacuation party brings 65 Iranians from Sudan

JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah,...
  • Saudi Arabia has so far organized evacuations of about 5,000 people from 96 countries, according to the foreign ministry.
  • More than 510 people have been killed since fighting erupted on April 15 between the Sudan's army and its paramilitary forces.

Dubai ruler Sheikh Mohammed appoints two deputy rulers

Dubai, UAE - Sheikh Mohammed bin Rashid, the Vice President and Ruler of Dubai, on Friday,  appointed Sheikh Maktoum bin...
  • These appointments were made by Sheikh Mohammed in his capacity as Ruler of Dubai
  • Both officials will assume their new positions immediately, according to the Dubai Media office

Iran calls upon Lebanon to elect a president

Iran's foreign minister called on Lebanon to overcome political deadlock and elect a president, urging foreign governments not to interfere...
  • Lebanon, in the throes of a crushing economic crisis, has been without a president for almost six months amid deadlock between entrenched political barons.
  • A caretaker cabinet with limited powers has been at the helm since May last year after legislative polls gave no side a clear majority.

Russia hosts talks for normalizing ties between Syria, Turkey

Russian Defense Minister Sergei Shoigu hosted four-way talks aimed at normalizing ties between Ankara and Damascus, which were severed at...
  • Russia stressed the importance of countering "the fight against all extremist groups in Syria".
  • All participants "reaffirmed their respect for Syria's territorial integrity", the Turkish defense ministry said.

Bangladesh gets new president before general election

Mohammed Shahabuddin, a former judge and a ruling party official, was sworn in as the president of Bangladesh, just months...
  • The opposition in Bangladesh has staged a series of protests, demanding that Prime Minister Sheikh Hasina step down.
  • The opposition accuses Hasina, who has been in power since 2009, of rigging the previous two elections.

Who will staff Trump’s Govt? A look at top contenders, with Elon Musk among the likely picks

Tesla CEO Elon Musk could head a new "Department of Government Efficiency," promising $2 trillion in federal budget cuts and...

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Israeli apex court strikes down law that limited court oversight

Opposition leader Yair Lapid welcomed the verdict and warned of the resurgence of internal divisions in Israeli society. "The Supreme...

India targeting high-profile journalists with spyware: Amnesty

Indian media reported last month that the country's cyber security unit was investigating allegations by opposition politicians of attempted phone...

Iraqis vote in first provincial elections for a decade

The vote is expected to consolidate the position of the ruling Coordination Framework coalition, an Iran-aligned bloc that brings together...

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195 die in Israel strikes on Gaza camp, hundreds wounded

The Hamas government in Gaza said that 195 people had been killed in Israeli strikes this week on Jabalia refugee...
  • Ambulances were set to rush several dozen patients to Egyptian hospitals, and about 400 foreigners or dual nationals were expected to escape.
  • Egypt said that eventually it hoped to help evacuate 7,000 foreigners from over 60 countries from the densely crowded territory of 2.4 million people.

Tunisian opposition leader to spend more time behind bars

Tunis, Tunisia - The leader of Tunisian opposition party Ennahdha, Rached Ghannouchi, 82, had his jail sentence on terrorism-related charges raised...
  • Rached Ghannouchi, leader of Tunisian opposition, will now stay in jail for 15 months, instead of 12 months
  • Ghannouchi's latest sentence came following a police union's complaint accusing the opposition leader of inciting violence

Israel army orders evacuation of northern city after Lebanon clashes

KIRYAT SHMONA, ISRAEL - The Israeli military announced plans to evacuate the northern city of Kiryat Shmona on Friday, after days...
  • Lebanon's Iran-backed Hezbollah and allied Palestinian factions have traded cross-border fire with Israel for days.
  • Israeli authorities have been steadily evacuating communities near the Gaza border and along the country's northern frontier.