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GM reports US sales dip, that of EVs grew

The big Detroit automaker reported 659,601 US sales during the period.

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.
  • Dragon Oil, Turkmennebit ink MoU

    Aim is to expand Dragon Oil’s investments in Turkmenistan.

    Dragon Oil has been engaged in oil and gas cooperation with Turkmenistan on the basis of a production sharing agreement since 2000.

    The company’s primary focus is on the extraction of hydrocarbon resources in the Caspian Sea, in the Cheleken Contract Area.

  • EU urges peace at Israel-Lebanon border amid escalation fears

    The European Union foreign policy chief warned against a regional conflict that would involve Lebanon, as border clashes intensified nearly...

    Lebanon's Iran-backed Hezbollah and Israel have exchanged near-daily cross-border fire since Hamas's unprecedented October 7 attack

    But a strike that killed Hamas's deputy leader in Hezbollah's south Beirut stronghold on Tuesday intensified fears of a wider conflagration

  • Hamas urges US diplomat to end Israeli aggression in Gaza

    ISTANBUL, TURKEY - Hamas leader Ismail Haniyeh has called on US Secretary of State Antony Blinken to use his current...

    US support for Israel's military campaign "has caused unprecedented massacres and war crimes against our people in Gaza", Hamas chief Haniyeh said.

    Haniyeh also urged regional leaders due to meet Blinken to tell him that stability in the Middle East was "closely linked to our Palestinian cause".

  • Fired over 60 rockets at Israeli military base, says Hizbollah

    Beirut, Lebanon - Lebanon's Hizbollah fired on Saturday over 60 rockets at an Israeli military base, the group said, describing the...

    The Israeli military said it had identified around 40 rocket launches from Lebanese territory on Saturday morning.

    Air raid sirens went off in towns and cities across northern Israel, later also blaring in the Israeli-occupied Golan Heights.

  • Death toll from IS twin bombings rises to 91, says Iran

    TEHRAN, IRAN - A bombing attack in southern Iran claimed by the Islamic State group has killed 91 people, state media...

    The attack is the deadliest in Iran since 1978, when arson killed more than 370 people trapped in a cinema in Abadan.

    The Iranian intelligence ministry said on Friday that "one of the suicide bombers" was "of Tajik nationality".

  • France and Jordan airdrop seven tonnes of aid to Gaza

    The French leader posted a photograph of an airman standing on the cargo ramp of a military plane, with parachutes...

    Jordan and France sent C-130 transport plane with mixed French-Jordanian crews, bringing a total of seven tonnes of "humanitarian and health" aid, the presidency said

    At least 22,600 people have been killed in Gaza in Israel's response to the October 7 attack by Hamas, according to the territory's Hamas-run health ministry

  • Iraq PM says determined to end presence of US-led coalition

    Sudani, whose government relies on support from Tehran-aligned parties, has repeatedly said in recent weeks he would like to see...

    A US drone strike on Thursday killed a military commander and another member of Harakat al-Nujaba, a faction of Hashed al-Shaabi

    Washington labelled the attack in Iraq's capital an act of self-defence, while Sudani's government decried it as an act of "blatant aggression"

  • Blinken to tackle Gaza, NATO expansion with Turkey’s Erdogan

    Turkish President Recep Tayyip Erdogan has turned into one of the Muslim world's harshest critics of the scale of death...

    US Secretary of State Antony Blinken arrived in Istanbul late Friday for the first leg of a trip that includes visits to Israel and West Bank, along with five Arab states

    Blinken's fourth crisis tour since the start of the Israel-Hamas war three months ago comes with fears mounting that the conflict will engulf swathes of the Middle East

  • West Bank sees ‘unmatched surge’ in Israeli settlements since Gaza war

    Peace Now said in the report published on Thursday there had been an increase in the activities of some settlers...

    The Israeli group Peace Now said in a report that nine outposts had appeared in the occupied West Bank since the start of the Israel-Hamas conflict

    About three million Palestinians live in West Bank, which is also populated by 490,000 Israelis living in settlements deemed illegal under international law

  • Houthis hold mass rally for Gaza in Yemen capital

    Sanaa, Yemen - Thousands rallied in support of Gaza in the rebel-controlled Yemeni capital Sanaa on Friday, chanting anti-US and anti-Israeli slogans....

    The Houthis have launched more than 20 attacks on merchant ships in the Red Sea in recent weeks, saying they are acting in solidarity with Palestinians in the face of Israel's war

    Since the outbreak of the war on October 7, the Iran-backed rebels have organised weekly protests in Sanaa but Friday's demonstration was the "largest."