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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Ukraine, US delegations to meet in Jeddah next week: Saudi

    Riyadh, Saudi Arabia -- Saudi Arabia on Friday welcomed a meeting between the United States and Ukraine due next week...

    Saudi Arabia last month hosted a Russian-American meeting -- the first high-level talks between the two governments since the Ukraine war began in 2022.

    Relations between the US and Ukraine have rapidly deteriorated after an explosive meeting at the White House led to Washington cutting off military aid and intelligence sharing.

  • UNRWA warns Israel’s West Bank operation aligns with annexation ‘vision’

    The Israeli operation, which the military says targets militants in the northern West Bank, was launched shortly after a truce...

    Israeli forces carry out regular raids targeting militants in the West Bank, occupied since 1967, but the ongoing operation since late January is already the longest in two decades

    Israeli Defence Minister Israel Katz has said troops would remain for many months in the evacuated camps to "prevent the return of residents and the resurgence of terrorism."

  • Hamas says Trump’s ‘DEAD’ threat to Gaza undermines ceasefire

    "Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you...

    Trump said later he was "sending Israel everything it needs to finish the job" as his administration expedites billions of dollars in weapons.

    "These threats complicate matters regarding the ceasefire agreement and encourage the occupation to avoid implementing its terms," said Hamas spokesman Hazem Qasim.

  • Building futuristic sustainable urban cities starts from the underground up

    Underground innovation, digitization, and AI are vital for sustainable, inclusive, and resilient future cities, says Sam Wiffen, director and founder...

    By 2050, the population of the world’s cities is expected to double from the World Bank’s current estimate of 4.4 billion people.

    Modern citizens are increasingly dissatisfied with urban living characterized by overcrowding, noise pollution, environmental challenges, poor infrastructure, inadequate responses.

  • Arab leaders propose Gaza reconstruction under Palestinian Authority, reject Trump’s takeover plan

    The prospect of the Palestinian Authority (PA) governing Gaza remains far from certain, however, with Israel having ruled out any...

    Tuesday's Arab League summit in Cairo offered an alternative with the adoption of a "comprehensive Arab plan."

    It announced the establishment of a trust fund to pay for the territory's reconstruction, and urged the international community to back it

  • New-Age Growth Comes Home to the GCC

    The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...

    The GCC’s ongoing “giga” projects, economic diversification, focus on the digital economy, and emerging technologies all signal a promising future.

    With over US$2 trillion invested in capital-intensive projects, the GCC’s future looks increasingly secure, despite persistent negative portrayals in parts of the Western media.

  • Arab leaders meet to hash out Gaza plan as Hamas urges against displacement under Trump plan

    A draft version of the Egyptian plan seen by AFP lays out a five-year roadmap with a price tag of...

    Trump triggered global outrage when he first floated his idea for the United States to "take over" the Gaza Strip and turn it into the "Riviera of the Middle East"

    Trump has recently appeared to soften his stance, saying he was "not forcing" the plan, which experts have said could violate international law

  • The future is already here

    Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...

    The global travel and tourism industry is projected to contribute over $15 trillion annually to the world economy by 2030.

    By 2035, 60% of the city traffic and emissions can be reduced thanks to shared autonomous electric vehicles.

  • Trump orders pause to Ukraine aid: White House official

    President Donald Trump suspended military aid to Ukraine on Monday, a US official told AFP, sharply escalating pressure on Kyiv...

    The move comes just days after a stunning public clash at the White House between Ukrainian President Volodymyr Zelensky and Trump

    We are pausing and reviewing our aid to ensure that it is contributing to a solution, said a White House official

  • Gazans face food shortages, price hikes as Israel blocks aid amid ceasefire negotiations stalemate

    Despite ceasefire negotiations, Gaza’s humanitarian situation remains critical, with markets facing inflation, displaced residents lacking proper shelter, and aid workers...

    Humanitarian groups warn that the aid suspension is worsening an already dire crisis in Gaza.

    Hamas official claims Israel allowed only 15 out of 65,000 promised mobile homes into Gaza