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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.

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.

Court in Lebanon accuses Hezbollah men of killing UN peacekeeper

A military judge has accused five members of the Iran-backed Hezbollah group, only one of whom is in custody, of...
  • Footage from surveillance cameras near the scene of the incident "clearly shows the patrol being attacked by armed men from all sides", the court document read.
  • Hezbollah has repeatedly denied involvement in the incident, and its security chief Wafic Safa has described the killing as "unintentional".

Zohran Mamdani stuns political veteran in NYC mayoral primary

New York City Democrats chose 33-year-old Muslim socialist Zohran Mamdani as their mayoral candidate in Tuesday's elections, stunning his opponent,...

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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...

Iran gears up for elections dominated by conservatives

Conservative daily Vatan-e-Emrouz hailed what it called the population's "interest in the candidates' electoral campaigns", which began on February 22....

Hawkish economic approach on China has bipartisan support in US, say analysts

WASHINGTON, US  - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards...

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Jailed Khan’s allies running close race in Pakistan poll

The PML-N had been expected to win the most seats following Thursday's vote, with analysts saying its 74-year-old founder Nawaz...
  • Unofficial tallies on local TV stations had independents in the lead for many of the remaining seats up for grabs in the 266-member assembly
  • Before the first results were officially announced, PTI chief organiser Omar Ayub Khan said he was confident the party had done enough

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...
  • Adding to the concerns about the integrity of the vote, authorities announced just before polls opened that they had suspended mobile telephone services across the country
  • Pollsters had predicted a low turnout from the country's 128 million eligible voters following a lacklustre campaign overshadowed by the jailing of former prime minister Imran Khan

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...
  • The court ruled against an amendment which scraps the "reasonableness" clause, used by the court to overturn government decisions which are deemed unconstitutional
  • Prime Minister Benjamin Netanyahu had argued the sweeping judicial reform agenda presented a year ago was necessary to rebalance powers between judges and politicians