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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

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

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...
  • Israeli official describes the changes as a reduction of unnecessary administrative procedures
  • Defending the changes, Israeli government asserts that Israel is their country, "in its entirety"

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.The...
  • 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.

Algeria’s Tebboune re-elected president for second term

That year, Tebboune became president after widely boycotted elections and mass pro-democracy protests from 2019 that died out under his...

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Pakistanis vote with Khan in jail, Sharif tipped to win

The Pakistan Muslim League-Nawaz (PML-N) is expected to win the most seats in Thursday's vote, with analysts saying its 74-year-old...

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...

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UAE president, rulers of Emirates celebrate flag day

Abu Dhabi, UAE -- The UAE President Sheikh Mohamed bin Zayed Al Nahyan and the Supreme Council Members, rulers of the Emirates,...
  • The leaders expressed their utmost pride on this precious occasion, stressing that the celebration symbolizes their unity
  • The Flag Day was first celebrated in 2013 to celebrate the accession of Sheikh Khalifa as President of the UAE in 2004

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