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AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.
  • Arab League calls for UN peacekeepers in Palestinian territories

    In a concluding statement following a meeting in Manama, the 22-member grouping called for "international protection and peacekeeping forces of...

    The league also separately, called for an "immediate" ceasefire in Gaza and an end to forced displacement in the Palestinian territory

    Abbas told the summit his rival Hamas gave Israel "pretexts and justifications" to wage war on Gaza with its October 7 attack

  • Bahrain calls for Mideast peace conference at Gaza-focused Arab League

    King Hamad bin Isa Al Khalifa was addressing fellow heads of state and government at the 22-strong grouping in Manama,...

    King Hamad bin Isa Al Khalifa was addressing fellow heads of state and government at the 22-strong grouping in Manama, more than seven months into the conflict

    UN Secretary-General Antonio Guterres described the war in Gaza as "an open wound that threatens to infect the entire region"

  • Israel says more troops to ‘enter Rafah’ as operations intensify

    Israeli forces took control earlier in May of the Gaza side of the Rafah crossing with Egypt, in a push...

    The operation "will continue as additional forces will enter" the Rafah area, Gallant said

    Israel's top ally the United States has warned that it had not seen any credible Israeli plan to protect civilians in Rafah

  • Hamas chief says group to decide on post-war Gaza rule with Palestinian factions

    Ismail Haniyeh on Wednesday said the movement will be involved in deciding post-war rule in Gaza along with other Palestinian...

    Haniyeh also said the fate of truce talks was uncertain because of Israel's "insistence on occupying the Rafah crossing and on its expansion of the aggression."

    His comments came after Netanyahu said any discussion on who rules Gaza after the war was just "empty talk" as long as Hamas remains in the territory

  • Israel PM says no ‘humanitarian catastrophe’ in Rafah as almost 500,000 evacuated

    The United Nations said Tuesday that nearly 450,000 people had been displaced from Rafah since Israel first began issuing evacuation...

    The international community, including Israel's top ally Washington, had urged Israel to refrain from launching a ground offensive in Rafah

    But Netanyahu insisted that "the humanitarian catastrophe that was spoken about did not materialise, nor will it"

  • Hezbollah commander among two killed in Israeli strike: source

    Lebanese state media said an Israeli strike on a car in the country's south killed two people Tuesday, with a...

    Hezbollah said that one of its fighters, a field commander, Hussein Makki, was "martyred on the road to Jerusalem'

    At least 413 people have been killed in Lebanon in seven months of cross-border violence,

  • Palestinians mark ‘Nakba’ anniversary as thousands flee Gaza’s Rafah

    Tens of thousands of civilians fled the southern Gaza city of Rafah ahead of a threatened Israeli ground offensive, as...

    Nearly 450,000 Palestinians have been displaced from Rafah since May 6

    Right-wing activists stopped and ransacked at least seven Gaza-bound aid trucks coming from Jordan

  • Quarter of Gazans displaced again as fighting rages north to south

    Fighting has flared in north Gaza four months after the army said Hamas's command structure there had been dismantled, and...

    Clashes have rocked the densely crowded far southern city of Rafah but also flared again in northern and central Gaza months after troops and tanks first entered those areas

    US State Department spokesman Vedant Patel on Tuesday said that while Washington backed military pressure on Hamas, it was not the only way to "fully defeat" the group

  • Lebanon resumes ‘voluntary’ repatriations of Syrians

    Syrian state news agency SANA reported that an unspecified number of people had arrived from Lebanon as part of the...

    Around 330 people had registered to be part of the "voluntary return"

    Lebanon, which has been mired in a crushing economic crisis since late 2019, says it hosts around two million Syrians, the world's highest number of refugees per capita

  • Fierce fighting rocks Gaza after US warning of anarchy, insurgency

    The city on the Egyptian border had been sheltering 1.4 million Palestinians, according to the United Nations, but Israel's military...

    AFP correspondents in Gaza reported helicopter strikes and heavy artillery shelling in the east of Rafah, as well as battles in northern Gaza's Jabalia refugee camp

    Israel last week defied a chorus of warnings - including from top ally Washington - and sent tanks and troops into the east of Rafah to pursue fighters