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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.

Fatah rejects Hamas criticism of new prime minister’s appointment

Ramallah, Palestinian Territories - Palestinian president Mahmud Abbas's Fatah party hit back at criticism by Hamas and other factions over his...

Syrian army shelling kills 9 civilians, 7 of them children

The shelling also wounded around 15 others in several locations of the Jabal al-Zawiya area The UNICEF said the attacks...

Effort to merge paramilitary into army hobbles Sudan’s transition

The Rapid Support Forces (RSF) were formed in 2013 to crush rebels fighting Omar al-Bashir's government The RSF largely drew...

Palestinians cancel deal to trade vaccine doses with Israel

The Palestinian Authority said it cancelled the deal as the doses were "about to expire" Palestinian spokesman Melhem said they...

Chinese jab added hurdle for some African visitors to EU

  Travelers to Europe must be inoculated with the AstraZeneca, Johnson & Johnson, Pfizer/BioNTech and Moderna vaccines The Chinese vaccines...

US cutting forces, missile batteries in Middle East

  The move comes as President Joe Biden's administration seeks to ease tensions with Iran The US military is rapidly...

Global powers to help Lebanon’s crisis-hit army

France has led international efforts to help Lebanon The army has long been seen as one of the few institutions...

Israel strikes Gaza for second time since ceasefire

AFP journalists in the Palestinian enclave reported hearing explosions, which the army said hit sites in both Gaza City and...

Ultraconservative cleric Ebrahim Raisi ahead in partial results from Iran’s presidential election

Raisi is seen as close to the 81-year-old supreme leader, Ayatollah Ali Khamenei, who has ultimate political power in Iran...

Israel’s Netanyahu ousted as ‘change’ coalition forms new govt

New coalition has 3 right-wing, 2 centrist and 2 eft-wing parties, and even an Arab Islamic conservative party Hamas says...

Over half of ‘golden passports’ were illegal: Cyprus inquiry

Nicosia allowed investors to acquire a passport in exchange for an investment of $3 million Scheme was dropped after a...

Fatah rejects Hamas criticism of new prime minister’s appointment

Ramallah, Palestinian Territories - Palestinian president Mahmud Abbas's Fatah party hit back at criticism by Hamas and other factions over his...

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Israel defiant amid global criticism over West Bank settlement expansion

UN Middle East envoy Tor Wennesland issued a warning on Monday against changes made by the Israeli government that will...

Kuwait forms new government led by Sheikh Ahmad Nawaf al-Sabah

Kuwait - Kuwait on Sunday formed a new government led by the Prime Minister, Sheikh Ahmad Nawaf Al-Ahmad Al-Jaber Al-Sabah....

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...

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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...
  • The fighting has since killed hundreds of thousands of people directly or indirectly.
  • A six-month truce brokered by the UN expired in October last year, but fighting has largely remained on hold.

Iran-Saudi reconciliation advances with high-level diplomatic visit

In a significant step towards reconciliation, Saudi Foreign Minister Faisal bin Farhan conducted a landmark visit to Iran to hold...
  • Saudi Foreign Minister Faisal bin Farhan holds historic talks with his Iranian counterpart, Hossein Amir-Abdollahian, focusing on regional security
  • The talks are part of a reconciliation process between Iran and Saudi Arabia, following a seven-year rupture that began in 2016

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.