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Covestro accepts ADNOC takeover bid

The deal values German chemicals group at $13.3bn.

Masdar acquires Saeta Yield

The deal is estimated to be valued at $1.4 billion.

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.

ADNOC Distribution H1 dividend $350m

The total dividend for 2024 is expected to be $700 million.

TAQA launches new corporate identity

Abu Dhabi Energy Services will be renamed as TAQA Services.
  • Turkey’s central bank chief denies nepotism allegations

    In a statement posted Friday on X, formerly Twitter, Erkan denounced the reports as "unfounded allegations" designed to undermine confidence...

    Hafize Gaye Erkan, 44, the first woman to be appointed president of the bank, granted her father Erol Erkan special favors, according to recent press reports

    He enjoyed an office, an official car and bodyguards, former bank employee turned whistle-blower Busra Bozkurt told the daily newspaper Sozcu, which is close to the opposition

  • Denial of Palestinian statehood ‘unacceptable’, says UN chief

    In its final summit communique, the Non-Aligned Movement on Saturday "strongly condemned the illegal Israeli military aggression against the Gaza...

    Guterres said Israel's stance would indefinitely prolong the conflict

    The WHO has deplored the "inhuman living conditions" in the Gaza Strip

  • Years after civil war, security wall holds back Iraqi city

    Built more than a decade ago at the height of Iraq's civil war which tore apart the multi-faith, multi-ethnic country,...

    The wall around Samarra has become a burden on daily life in the city that has expanded from 300,000 to 400,000 residents since 2008, pushing up property and land costs

    Authorities has planned to extend wall perimeter by three to seven kilometres, increase the number of entry points to six, and add watchtowers and surveillance cameras

  • ‘Multilateral cooperation remains crucial for peace’

    "The UAE’s priority (amid the ongoing Gaza conflict) is to work towards reaching a ceasefire, safeguarding the lives of civilians,...

    UAE Minister Khalifa Shaheen Almarar emphasizes on multilateralism, cooperation, and adherence to international law and UN Charter.

    Almarar also highlight of the UAE's relief efforts in Gaza and contributions as a non-permanent UN Security Council member.

  • Israeli protesters demand return of hostages, elections

    Demonstrators marched through the city's Habima Square, a frequent protest site, with some carrying signs calling Netanyahu "the face of...

    Netanyahu is under intense pressure to secure the return of the hostages seized by Hamas

    A father of one of the hostages said Netanyahu's war cabinet was heading for disaster

  • Iran vows revenge after Guards die in Israeli strike

    Iran's President Ebrahim Raisi vowed not to let the "cowardly assassination" go unanswered. Israel has been blamed for intensifying strikes...

    Tehran said it lost five members in the strike that it blamed on Israel

    Media reports from Iran say that one of the dead was General Sadegh Omidzadeh,

  • US-led coalition base in Iraq hit by missiles

    Al-Asad airbase was targeted by 15 rockets" fired from Anbar province, which is home to the military base, an Iraqi...

    A US defense official confirmed that "missiles impacted Al-Asad airbase", adding that a joint damage assessment was under way with coalition and Iraqi forces.

    The attack on the air base comes amid soaring tensions in the Middle East following the outbreak of the Israel-Hamas war on October 7.

  • NASA loses contact with its mini-helicopter on Mars

    WASHINGTON, US - NASA has lost contact with its tiny helicopter Ingenuity during the hard-working craft's 72nd flight, the space agency...

    In a post on X, NASA's Jet Propulsion Laboratory added that Perseverance was temporarily "out of line-of-sight with Ingenuity.

    NASA has lost contact with the helicopter before, including for an agonizing two months last year.

  • Hamas rejects US president’s comment on two-state solution

    A senior Hamas official dismissed comments by US President Joe Biden about the possibility of Israel agreeing to the establishment...

    "The illusion that Biden is preaching about a state of Palestine and its characteristics does not fool our people," a Hamas member said.

    The call between Biden and Netanyahu came a day after the Israeli leader said he opposes allowing Palestinian sovereignty.

  • Iran launches research satellite, says minister

    Iran's Revolutionary Guards launched a research satellite, a minister said, putting it into a higher orbit in a milestone for...

    "The Soraya satellite of the Iranian Space Organization... was successfully launched with the Ghaem-100 satellite carrier of the Islamic Revolutionary Guard Corps," a report said

    It cited Telecommunications Minister Issa Zarepour as saying that the satellite, which weighs about 50 kilograms (110 pounds), was put in orbit 750 kilometers above Earth