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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.

Iran’s BRICS membership to strengthen group, says XI

TEHRAN/ JOHANNESBURG, IRAN/ SOUTH AFRICA - The Iranian and Chinese presidents stressed the need to bolster bilateral cooperation and the...
  • The BRICS heads of state held their 15th annual summit in Johannesburg.
  • The heads of state called for the use of local currencies to facilitate trade.

Vignettes from first US election debate in Republican party

MILWAUKEE, US - A crowded stage of talkative Republican politicians produced a messy debate in the race to be the party's...
  • Donald Trump may have turned down his invitation to join the debate, but his influence appeared to have seeped into the clothing choices of his rivals.
  • All seven male candidates lined up wearing dark suits, white shirts and red ties - an echo of Trump's standard attire.

Egyptian President Sisi pardons jailed activist Ahmed Douma

Egyptian activist Ahmed Douma, a leading figure of the country's 2011 uprising who has spent the last decade behind bars,...
  • A court in 2019 had sentenced Douma to 15 years in prison on charges of clashing with security forces in the capital two years earlier.
  • Egypt's top appeals court later in 2019 upheld the 15-year sentence, which also included a fine of US$372,000.

Saudi Crown Prince and Iran foreign minister discuss bilateral relations

Iran's foreign minister met Saudi Arabia's Crown Prince Mohammed bin Salman during his first visit since the Middle East rivals...
  • The Iranian foreign minister called the 90-minute meeting a "direct, frank, and productive conversation".
  • The Iranian minister said the success of the region is possible by strengthening dialogue and cooperation.

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...
  • The case would be the fourth brought against Trump this year -- it could lead to the first televised trial of a former president
  • Donald Trump posted a number of messages to his Truth Social platform, and called the matter "ridiculous"

Nearly 14m children in Sudan need aid, says UNICEF

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support...
  • The crisis in Sudan recently passed the 100-day mark and overall, 24 million people across the country require aid.
  • Chad is one of several neighboring nations hosting some 900,000 people who fled the violence in Sudan.

Migrants suffer between life and death in Tunisia-Libya desert

In the midday heat, a Libyan patrol near the border with Tunisia comes across a black African man collapsed on...
  • By the time they reach Libya, the migrants from sub-Saharan Africa are ready to drop from exhaustion, in temperatures above 40 degrees Celsius.
  • Libyan border guards said that, over the past two weeks, they have rescued hundreds of migrants who said they were left by Tunisian authorities.

Quran set alight at protest outside Sweden parliament

Two men set the Quran alight outside parliament in Stockholm at a protest similar to previous ones that have sparked...
  • Sweden has already seen its diplomatic relations with several Middle Eastern nations strained over previous protests involving Quran desecrations.
  • Swedish police have previously stressed they only grant permits for people to hold public gatherings and not for the activities conducted during the events.

Morocco king appeals for normalcy in ties with Algeria

RABAT, MOROCCO -  Morocco's King Mohammed VI has expressed hope for a return to normality and reopening of borders with North...
  • The borders have been closed since 1994, leaving families divided after Morocco accused its neighbor of involvement in an attack.
  • Since then, tensions have persisted between the regional rivals, exacerbated by their dispute over Western Sahara.

Dutch museum exhibit on Egypt causes anger in North African country

LEIDEN, NETHERLANDS - In a Dutch museum the sound of hip-hop blares out next to sarcophagi and statues, in what curators...
  • Egypt's antiquities service said the museum is "falsifying history" with its "Afrocentric" approach, which seeks to appropriate Egyptian culture.
  • The museum said there had been a "commotion about this exhibition, because it shows Egyptian culture through the eyes of artists with African roots."

Trump says any ‘credible’ Epstein files should be released

President Donald Trump said Tuesday the US Justice Department should release all "credible" information from its probe into notorious sex...

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Leader of US Senate calls for election in Israel

The leader of the US Senate called for Israel to hold new elections in the most strident criticism yet by...

Biden and Trump gird for marathon White House race

Both are unpopular with large sections of a populace wary of handing the keys to the most powerful office in...

Trump, Biden clinch enough delegates for US presidential nomination

The results in four statewide elections Tuesday, the latest in the months-long march to determine the Democratic and Republican party...

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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...
  • Regional president Nechirvan Barzani signed the order for the elections to be held on June 10, a presidency statement said.
  • In August last year, authorities announced polling would take place on February 25 after consultation with the parties.

Conservatives tipped to win in Iranian elections as counting begins

Tehran, Iran - Iran began counting ballots on Saturday after a vote for parliament and a key clerical body, with local...
  • State TV reported early Saturday the "start of vote counting" after polling stations closed at midnight.
  • The present parliament is dominated by conservatives and ultra-conservatives

Leftist Galloway wins MP seat in UK amid anti-Semitism allegations

London, UK- Controversial left-wing firebrand George Galloway was elected to the UK parliament on Friday after tapping into anger over the...
  • Galloway, 69, first became an MP in 1987 and will return to the House of Commons for the first time since 2015 after winning the seat of Rochdale.
  • Galloway put the Gaza conflict front and center of his campaign in Rochdale, north of England, which has a 30 percent Muslim population.