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Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Boeing to sell some assets to Thoma Bravo

The $10.55 bn sale includes portions of digital aviation solutions business.

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

Turkey faces uproar by seeking shift on Cyprus

On a trip to the north of divided Nicosia on Tuesday, Turkish President Recep Tayyip Erdogan said there should be...

Tehran on alert as anti-water protests spread in Iran

Iran put anti-riot measures in place in Tehran on Wednesday following continued water protests in Khuzestan

Journalist among 6 freed by Egypt amid criticism of rights record

US had warned Egypt that targeting rights campaigners would be a factor in arms sales

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...

France announces aid conference for Lebanon as Hariri quits bid to form govt

Lebanon faced yet more misery Friday after the failure of premier-designate Saad Hariri to form a government, and as France...

Lebanese economy in a fix as PM-designate Hariri steps down

Lebanon's prime minister-designate Saad Hariri stepped down Thursday, saying he was unable to form a government, nine months after accepting...

Official reiterates Saudi resolve to protect rights after meeting US, EU envoys

Saudi Arabia's Human Rights Commission (HRC) chief Awwad bin Saleh Al-Awwad in a meeting with US and EU diplomats has...

UAE opens embassy in Tel Aviv in latest normalization move

The UAE opened an embassy in Israel on Wednesday in Tel Aviv's new stock exchange building as part of the...

Egypt law approves dismissal of anti-govt public workers

Egypt's parliament on Monday authorised the dismissal of public workers listed as government opponents and "terrorists", lawmakers said.

Jordan’s ex-officials get 15-year jail term over ‘coup plot’

A Jordanian court on Monday sentenced two former officials to 15 years in jail over a palace coup attempt that...

Polls for Iraq Kurd parliament postponed to June

Iraqi Kurds announced that polls to elect a new parliament in the autonomous region would be held in June, after...

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Netanyahu vows to continue with controversial judicial reforms

JERUSALEM- Israeli Prime Minister Benjamin Netanyahu vowed on Sunday to advance the government's controversial judicial reforms, which have seen his...

Algeria court increases prison term for media leader

An Algerian court of appeal increased to seven years the prison term issued to a prominent media boss, but suspended...

Rivals in Yemen discuss possible prisoner swap in Jordan, says Red Cross

DUBAI, UAE -  Yemen's government and Iran-backed Houthi rebels are locked in talks in Jordan to set the ground for a...

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Former Israeli PM testifies in Benjamin Netanyahu graft trial

JERUSALEM -  Israeli opposition leader Yair Lapid on Monday testified at a Jerusalem court in Prime Minister Benjamin Netanyahu's ongoing...
  • According to prosecutors, between 2007 and 2016 Netanyahu allegedly received gifts valued at US$195,000.
  • Netanyahu denies any wrongdoing, saying gifts were only accepted from friends and without him having asked for them.

George Soros hands over control of his $25bn empire to son Alexander

Billionaire investor George Soros had handed over control of his US$25 billion empire to his younger son Alexander Soros -...
  • Alexander Soros recently met with Biden administration officials, Senate Majority Leader Chuck Schumer, and heads of state.
  • The younger Soros is the only family member on the investment committee overseeing Soros Fund Management.

Syrian leaders want UN to re-begin talks with President Assad

Syria's opposition urged the resumption of moribund United Nations-sponsored talks with the regime of President Bashar al-Assad, who has returned...
  • The statement called for a solution in line with UN Security Council resolution 2254, which set out a roadmap for a political transition.
  • Last month, regional leaders welcomed Assad back to the Arab League at a summit in Saudi Arabia - his first appearance at the pan-Arab body.