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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.

Saudi economy pins hope on female entrepreneurs

Saudi women, who had begun with small projects, are now creating startups and setting up factories, highlighting drastic change in...
  • Saudi women have achieved exceptional success through entrepreneurship, particularly with the change in the business environment.
  • The goals of Vision 2030 are not limited to increasing entrepreneurship but also increasing women's participation in economic fields.

Rise and fall of luxury-loving former Malaysia first lady

Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been...
  • Born on December 10, 1951, Rosmah was the only child of a Malay school headmaster and his teacher wife in southern Negeri Sembilan state.
  • Rosmah has reportedly accumulated an enormous collection of luxury handbags, and is said to shop at Harrods in London, Chanel in Hawaii, Saks Fifth Avenue in New York.

Netflix in the soup for Mexican drug ‘queen’ show

Sandra Avila Beltran has filed a claim with Mexico's intellectual property agency alleging that the character Teresa Mendoza in "La...
  • Avila Beltran wants 40 percent of the royalties from Netflix and Spanish-language television network Telemundo, for hurting her reputation
  • The second season of the "La Reina del Sur" won an International Emmy Award for Best Non-English Language US Primetime Program in 2020

Women of Gaza struggle to break free

The Palestinian Central Bureau of Statistics said 38 percent of women in Gaza faced physical or psychological violence from their...
  • Palestinian civil society group registered six killings and suspicious deaths related to domestic violence in 2019, a figure which rose to 19 the following year
  • Fifteen years since the Israeli-led blockade of Gaza began, it is almost impossible for women fleeing violence to leave the Palestinian enclave

Iraq ‘green belt’ neglected in faltering climate fight

Envisioned as a lush fortress against worsening desertification and sand storms, the "green belt" of Iraq's Karbala stands as a...
  • Sixteen years after its inception, only a fraction of the 76-kilometre (47-mile) crescent-shaped strip of greenery has materialized.
  • Eucalyptus, olive groves and date palms first took root in 2006 as part of a plan for tens of thousands of trees to form a green protective shield around Karbala.

Dubai Logistics City Customs Centre clears goods worth $435m in Q1

Dubai Logistics City Customs Centre completed 48,000 transactions and cleared goods valued at AED 1.6 billion in the first quarter...
  • The Centre facilitates processes and operations of companies and traders.
  • In particular, the Centre handles the shipments of the International Humanitarian City, the largest humanitarian logistics centre in the world.

Saudi organizations launch program to support Yemeni medical facilities

The Saudi Development and Reconstruction Program for Yemen (SDRPY) and the Saudi Red Crescent Authority (SRCA) announced today the provision of...
  • The assistance is in the form of 30 ambulances and highly equipped urgent response vehicles.
  • This announcement was made during the signing of a memorandum of cooperation between SDRPY and the SRCA, in Riyadh.

Dubai ruler issues law on Local Military Pensions and Social Security Fund

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Wednesday issued a law on Local Military Pensions and Social Security...
  • The fund seeks to improve the quality of services offered to its beneficiaries and ensure that all the rights and insurance needs of contributors, pensioners are met.
  • All liabilities and assets of the Local Military Pensions and Social Security Division at the DoF will be transferred to the Fund, once the Law comes into effect.

Qatar to disburse cash assistance to families in Gaza Strip

Chairman of Qatar's Gaza Reconstruction Committee Ambassador Mohammed Al Emadi announced cash assistance to needy families in the Gaza Strip....
  • Qatar Fund for Development will also cooperate with Qatar's Gaza Reconstruction Committee in the process.
  • The distribution process will take place through the United Nations distribution centers located in Gaza.

On International Day of Happiness, UAE aims for best quality of life

The UAE is celebrating the International Day of Happiness, observed on March 20, with achievements and gains that enhance the...
  • The minister was speaking on International Day of Happiness, which is to be held on March 20
  • He said the UAE aspires to maintain its leading position among the happiest countries in the world

Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...

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All eyes on tech firms as strict EU digital rules come into effect

The landmark Digital Services Act (DSA) compels tech companies to better police content to protect European users against disinformation and...

UAE plays an active role in shaping better future for societies, says minister

NEW DELHI, INDIA – The UAE is committed to playing an active role in global efforts to shape a better...

Macron adjourns Germany visit over riots in France

President Emmanuel Macron informed Berlin he was postponing a state visit to deal with the urban rioting that has rocked...

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Royal fever sweeps Jordan ahead of crown prince Hussein’s wedding

On the big day for the Hashemite kingdom, a key Western ally, the royal red motorcade, reserved for special occasions,...
  • The eldest son of King Abdullah II will marry Saudi fiancee Rajwa Al Saif at the grand royal wedding with regional monarchs, US First Lady Jill Biden is also among the guests
  • Photos of Saif's henna bridal party took the internet by storm last week as she donned a white gown with an Arabic poetry verse embroidered: "When I see you, life becomes sweet"

Uzbekistan, IsDB ink pacts worth US$396.7m for infrastructure, education

JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...
  • Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.
  • The project will empower local communities, improve their access to quality and resilient infrastructure.

Red Cross to cut 1,500 jobs over funding crunch

GENEVA, SWITZERLAND - The Red Cross announced Tuesday that it would cut 1,500 jobs over the next 12 months in a...
  • The Red Cross said an expected drop in humanitarian assistance budgets over the next two years was forcing it to make significant cuts.
  • The Geneva-based organization said its governing board on March 30 had approved US$474 million in global cost reduction through early 2024.