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Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

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....
  • Saad Al Barrak was named as oil minister, replacing Bader Al-Mulla and Manaf Abdulaziz Al Hajri was reappointed as Finance Minister.
  • The outgoing government had resigned following parliamentary elections held earlier this month in the Gulf OPEC oil producer

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...
  • The reform package unveiled in January has been waylaid in recent months by demonstrators who have gathered weekly in their tens of thousands.
  • Speaking Sunday, Netanyahu pledged to press forward with the judicial reforms "in a measured and responsible way" without giving further details.

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...
  • Ihsane El Kadi did not receive any money from "foreigners or a foreign" group as claimed by authorities, the defense attorney said.
  • The verdict adds two years to an initial sentence handed down to El Kadi in April by a lower court for "foreign financing of his business".

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.

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.

Dane, two Austrian-Iranian citizens released by Tehran arrive home

One Dane and two Austrian-Iranian citizens released from detention by Tehran arrived in their home countries, after the latest in...
  • Belgian Foreign Minister Hadja Lahbib welcomed them at the airport along with Danish and Austrian diplomats.
  • The trio's release, as well as that of a Belgian aid worker a week earlier, were part of a prisoner swap.

Danish, two Austrian-Iranian citizens freed by Iran

Iran released one Danish and two Austrian-Iranian citizens it had been holding after mediation by Oman, and they are being...
  • Thanking Belgium, Austrian Foreign Minister Alexander Schallenberg said, "Our years of diplomatic efforts to secure their release have borne fruit."
  • The Danish man, who was not immediately identified, had been arrested in Iran in November 2022 on the sidelines of a demonstration for women's rights.

Unnerved and exposed, Trump struggles to regain campaign mojo

Washington, United States - Donald Trump has never lacked for self-confidence, but his presidential campaign has been sent into a tailspin...

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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.