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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.
  • Israel opens new border crossing into northern Gaza

    Israel said its Kerem Shalom southern crossing with Gaza reopened on Wednesday, three days after being closed because of rocket...

    Israeli tanks entered Rafah in southern Gaza on Tuesday, seizing control of the Palestinian side of the crossing from Egypt

    The United Nations has said it has not been able to receive aid through Gaza's two main crossings in days

  • Hamas says Israeli-British hostage held in Gaza dead

    Popplewell was kidnapped from his home during Hamas's October 7 attack along with his mother, Hanna Peri, who was released...

    Earlier on Saturday, the Ezzedine Al-Qassam Brigades released an 11-second clip showing captive Nadav Popplewell alive and identifying himself

    In the video, the footage was superimposed with text in Arabic and Hebrew that read: "Time is running out. Your government is lying."

  • US slams Israel’s use of American weapons in Gaza

    The US has warned that the reputational damage Israel will suffer if it storms a city where an estimated 1.4...

    Israel's main international ally said it was "reasonable to assess" that Israel has used weapons in ways inconsistent with international humanitarian law

    Relations between the two allies sunk earlier in the week after US President Joe Biden threatened to halt some arms deliveries if Israel went ahead with an assault on Rafah

  • Kuwait emir dissolves parliament in new political crisis

    The state's ruler attributed his move to the "interference" of some MPs in the emir's powers and others imposing "conditions"...

    The Kuwait News Agency (KUNA) said "an emiri order was issued to dissolve the national assembly and suspend some articles of the constitution for a period not exceeding four years

    It said the emir, Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah, and the council of ministers were "assuming the powers granted to the national assembly."

  • Hamas says ‘ball is completely’ in Israel’s hands in Gaza truce talks

    "The negotiating delegation left Cairo heading to Doha. In practice, the occupation (Israel) rejected the proposal submitted by the mediators...

    State-linked Egyptian outlet Al-Qahera News reported Thursday that representatives of both camps left Cairo after two days of negotiations

    Efforts by Egypt and other mediators, namely Qatar and the United States, "continue to bring the points of view of the two parties closer together", the outlet added

  • Israel hits Rafah despite US warning on arms transfers

    In an interview with CNN on Wednesday, Biden warned he would stop some US weapons supplies to Israel if it...

    An AFP correspondent and witnesses on Thursday reported Israeli strikes on several parts of Rafah, where the United Nations said 1.4 million people were sheltering

    Israel has already defied international objections by sending in tanks and conducting what it called "targeted raids" in the east of Rafah

  • bedouin, negex desert, israel

    Israel destroys dozens of Bedouin homes in Negev desert

    Israeli authorities destroyed around 50 homes belonging to Bedouins in the Negev desert on Wednesday, an AFP journalist reported, with...

    Israel considers the homes built in Wadi al-Khalil to be illegal

    Only 11,000 bedouins remained within Israel's borders after the 1948 Arab-Israeli War

  • Biden threatens to stop arm shipments if Israel invades Rafah

    Biden, a self-described Zionist, had long resisted stopping any of the $3 billion in weapons the United States sends each...

    In an interview with CNN Biden also deplored the fact that civilians had been killed by the dropping of US bombs on the Palestinian territory

    His fresh warning came after the US last week halted a shipment of huge American bombs to Israel as it appeared ready to proceed with a major attack on Rafah

  • Empty streets and ‘fear’ in Gaza’s Rafah since Israeli incursion

    Rafah, Palestinian Territories - Displaced Gazan Marwan al-Masri, sheltering in Rafah, said on Wednesday "life has completely ceased" since Israeli tanks...

    More than 1.4 million people had crammed into Rafah, a city on the Gaza Strip's southern border with Egypt, as Israeli forces pushed their way southward

    Caught between Israeli shelling from the east, an Egyptian border to the south and the Mediterranean to the west, many fleeing Rafah went north

  • Israel seizes Rafah crossing as Gaza truce talks resume

    Egypt's state-linked Al-Qahera News reported that mediators from Qatar, the United States and Egypt were meeting with a Hamas delegation.

    A senior Hamas official warned this would be Israel's "last chance" to free the estimated 128 captives still held in Gaza, including 36 officials who are dead

    Israel's offensive has killed at least 34,789 people in Gaza, mostly women and children, according to the Hamas-run territory's health ministry