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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.

Qatar embassy attacked in Sudan as civil war rages

Air strikes and artillery exchanges shook the Sudanese capital and armed men ransacked the Qatari embassy as the country's warring...
  • "The embassy staff had previously been evacuated and... none of the diplomats or embassy staff were subjected to any harm," Qatar foreign ministry said.
  • The attack came a day after Arab leaders meeting at a summit in Saudi Arabia urged Sudan's feuding generals to halt the fighting.

Turkey’s Erdogan and challenger appear headed for runoff election

Appearing before a large crowd of supporters, Erdogan proclaimed himself to be ready to lead the nation for another five...
  • The voter turnout touched 90 percent in what is being seen as a referendum on Turkey's longest-serving leader and his Islamic-rooted party
  • Kemal Kilicdaroglu, the opposition leader, trailed with 45.0 percent vote, an unlikely outcome for a leader who was shown in the lead in pre-election polls

Tehran objects to presence of anti-Iran forces at Kurd event in Iraq

TEHRAN, IRAN- Iran has summoned Iraq's ambassador to protest over the presence of Iranian opposition groups at an official ceremony in...
  • Iran reacted sharply to the invitation of what it calls as separatist groups during a function in Iraq's autonomous region of Kurdistan.
  • Tehran, which refers to all Kurdish groups who oppose the Iranian government as 'terrorists', summoned the Iraqi envoy over the incident.

Anger among people in Turkey, voters divided on election eve

Widespread public anger at the state's slow response to the tragedy leads many believe that Hatay's electors will vote differently.
  • Several people who were forced to flee their homes have returned to take part in the elections.
  • Many people are annoyed that after the earthquake the Turkish state had abandoned them.

Dozens file ‘documents’ to take part in Kuwait polls next month

Kuwait City, Kuwait -- Dozens of candidates have submitted their candidacy documents for Kuwait's National Assembly election, set to take...
  • On Saturday, 31 candidates registered to run in the elections, the second day of registration, bringing the total of hopefuls so far to 61
  • The oil-rich country has seen much wrangling between the government and the elected parliament, hampering fiscal reforms

Myanmar’s junta sets free over 2,000 political prisoners

The junta said in a statement that pardons were granted to 2,153 prisoners to mark the birth anniversary of the...
  • The announcement of the prisoner release coincided with the visit of Chinese Foreign Minister Qin Gang to Myanmar for talks with generals
  • According to a local monitoring group, some 21,000 people have been arrested since the ouster of Aung San Suu Kyi's government by the military

Kuwait Crown Prince dissolves National Assembly, again

Kuwait City -  Kuwait's Crown Prince, Shaikh Mishal Al-Ahmad Al-Jaber Al-Sabah, issued a decree on Monday to dissolve the National...
  • Despite being the only Gulf Arab state to have an elected government, the emirate - one of the world's largest producers of crude oil - remains mired in political turmoil
  • The country suffers from constant stand-offs between elected lawmakers and cabinets installed by the reigning Al-Sabah family, which keeps a firm grip on political life

Saudi evacuation party brings 65 Iranians from Sudan

JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah,...
  • Saudi Arabia has so far organized evacuations of about 5,000 people from 96 countries, according to the foreign ministry.
  • More than 510 people have been killed since fighting erupted on April 15 between the Sudan's army and its paramilitary forces.

Dubai ruler Sheikh Mohammed appoints two deputy rulers

Dubai, UAE - Sheikh Mohammed bin Rashid, the Vice President and Ruler of Dubai, on Friday,  appointed Sheikh Maktoum bin...
  • These appointments were made by Sheikh Mohammed in his capacity as Ruler of Dubai
  • Both officials will assume their new positions immediately, according to the Dubai Media office

Iran calls upon Lebanon to elect a president

Iran's foreign minister called on Lebanon to overcome political deadlock and elect a president, urging foreign governments not to interfere...
  • Lebanon, in the throes of a crushing economic crisis, has been without a president for almost six months amid deadlock between entrenched political barons.
  • A caretaker cabinet with limited powers has been at the helm since May last year after legislative polls gave no side a clear majority.

Arab-American mayor warns Biden has not ‘earned my vote’

Hammoud sidesteps the question of whether he could ultimately endorse Biden under the right circumstances, emphasizing that whatever he might...

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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...

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...

Thousands rally in support of Gaza across Egypt, says media

CAIRO, EGYPT – Tens of thousands of protesters rallied across Egypt in support of war-torn Gaza on Friday, with large crowds...

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Iran says time running out for political solution in Gaza war

TEHRAN, IRAN - Iran on Monday said time was running short to reach a political solution in the Israel-Gaza conflict, warning...
  • Iranian President Ebrahim Raisi on Monday held phone calls with his Russian and Turkish counterparts.
  • During his phone call with Russian President Vladimir Putin, Raisi warned of a "possibility of expanding the scope of war and conflict to other fronts".

Aid meant for Gaza stuck in Egypt as Rafah crossing is closed

ISMAILIA, EGYPT - Convoys of humanitarian aid stacked up near Egypt's border with the Gaza Strip on Sunday, unable to enter...
  • Witnesses said concrete blocks installed by the Egyptians to fortify the border following Israel's bombings were still in place.
  • The Rafah crossing - the only passage in and out of the Gaza Strip not controlled by Israel - has been closed since Tuesday.

Israel refuses to give more time for Gaza evacuation

Jerusalem - The Israeli military said on Saturday that Gaza City residents must not delay their departure before a military...
  • Israel has faced calls from the United Nations, United States and European Union to delay an expected full offensive to give civilians time to leave.
  • The Israeli military has indicated that Gaza city will be the focus of its operations because this is the base for the Hamas leadership.