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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.
  • Gaza internet, telephone blackout passes one-week mark: NetBlocks

    Internet services in the Gaza Strip have been constantly disrupted throughout the war, with telecom firms blaming Israel's bombardment of...

    The United Nations has warned that the blackouts are worsening the Palestinian territory's already dire humanitarian situation.

    At least 24,762 Palestinians, about 70 percent of them women, young children and adolescents, have been killed in Israeli bombardments and ground assaults.

  • In Davos, AI excitement persists but fears over managing risks

    A recent IMF report said AI would affect nearly 40 percent of jobs around the world, and some 60 percent...

    Over the course of the week, more than 3,000 policy makers, business executives, academics and innovators discussed some of the world's most pressing issues at the annual meet.

    The Forum announced it will hold a special meeting, hosted by Saudi Arabia, on “Global Cooperation, Growth and Energy for Development” on 28-29 Apr 2024 in Riyadh.

  • Complaint against Israeli President received: Swiss prosecutors

    Israeli President Isaac Herzog has been targeted with a criminal complaint during a visit to Switzerland, Swiss prosecutors said, amid...

    The Federal Prosecutor's Office said that it had received a criminal complaint against the Israeli president.

    South Africa launched the emergency case at the ICJ, arguing that Israel had breached the 1948 UN Genocide Convention.

  • Strange calls may precede Israeli attacks in Lebanon

    BEIRUT, LEBANON - "Good morning, madame. This is the bank calling. Are you at home?"   Since the Israel-Hamas war broke...

    Since the Israel-Hamas war broke out, residents of southern Lebanon have been receiving strange phone calls from Lebanese numbers.

    Lebanese security officials and the Iran-backed Hizbollah group, a Hamas ally, believe the strange calls are in fact from Israelis.

  • China exhorts end of ‘harassment’ of civilian vessels in Red Sea

    Beijing, China--China called for an end to "harassment" of civilian vessels in the Red Sea on Friday after attacks on ships by...

    Urging an end to the Houthi attacks, China said the area was an important trade route for goods and energy

    Many shipping companies are bypassing the crucial trade artery, causing delays along international trade routes

  • Israel’s Gaza offensive breaches international law: UN expert

    Francesca Albanese, an Italian lawyer who is the UN special rapporteur on the Palestinian territories, told a Madrid news conference...

    Albanese said that most Gaza hospitals have been closed, bombed or taken over by the army

    She said that 1,000 kids were amputated without anaesthesia in the first two months of the war

  • UAE ranks first in Arab world in labor-resilient countries, says report

    Dubai, UAE - Against the backdrop of the World Economic Forum in Davos, Whiteshield announces the release of the Global Labor...

    As the world confronts the challenges of global warming and the transition to a sustainable future, the impact on labor markets looms large.

    The direct consequences of climate change, including displacement, migration, and fluctuations have become increasingly pervasive.

  • Turkish club send Israeli player to Maccabi Tel Aviv after Gaza controversy

    ISTANBUL, TURKEY -  Turkish first division club Basaksekir on Thursday sent Israeli midfielder Eden Karzev on loan to Maccabi Tel Aviv following...

    The Istanbul side launched disciplinary proceedings against Eden Karzev after the defensive midfielder shared a message about the hostages..

    The probe came the same day Israeli footballer Sagiv Jehezkel was charged with incitement to hatred for displaying a message on the Gaza war.

  • 24,620 Palestinians killed in Gaza as Israel continues bombardment

    In the occupied West Bank, where violence has soared alongside the war in Gaza, an Israeli raid continued into a...

    Gaza's health ministry said 93 people had been killed overnight, including 16 in a strike on a house in the southern city of Rafah, where many people have fled.

    In the occupied West Bank, violence has escalated to a level not seen since the second Palestinian intifada, or uprising, of 2000-05.

  • Digital rights of Palestinians, supporters widely violated: Report

    “Those developments had a significant impact on the digital world, freedom of speech, privacy, and security, leading to a deterioration...

    Nearly 3 million instances of violent, hateful, or otherwise negative content in the Hebrew language was directed against Palestinians, the report said.

    It also shed light on the practices of Meta’s noticeable discrimination against the content published in Arabic on its various platforms.