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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.
  • US approves ’emergency’ sale of munitions to Israel

    Washington, United States - The United States on Friday announced the approval of a $147.5 million sale of 155mm high-explosive artillery...

    The same provision was used earlier this month to approve the sale of nearly 14,000 rounds of 120mm tank ammunition to Israel

    Israel requested that 155mm fuses, primers and charges be added to previous foreign military sale cases, increasing their estimated total cost from $96.51m to $147.5m

  • UAE extradites the accused Gergely Franc to Belgium

    Abu Dhabi, UAE - The UAE on Friday extradited Gergely Franc, an Albanian national, charged with premeditated murder, to Belgium....

    The accused was transferred according to the extradition agreement, signed by the United Arab Emirates and Belgium

    Such procedures confirm the UAE’s continued collaboration with international partners in the pursuit of international justice

  • ‘Let’s resolve to make 2024 a year of building trust’

    "The United Nations will keep rallying the world for peace, sustainable development and human rights. Let’s resolve to make 2024...

    António Guterres, UN Secretary-General, urges global unity in 2024 for rebuilding trust and hope after the significant suffering, violence, and climate crises of 2023.

    In his New Year's message, Guterres stresses unity for trust and hope in 2024, urging collective achievements and wishing a peaceful and happy year.

  • South Africa moves ICJ, accuses Israel of ‘genocidal acts’ in Gaza

    South Africa launched a case at the International Court of Justice against Israel for what it said were "genocidal" acts...

    There was no immediate comment from Israel, which had earlier denied charges that its military was using disproportionate force in Gaza.

    The war was triggered by the attack on Israel on October 7 and is now nearing its 12th week, with vast areas of northern Gaza in ruins.

  • Gaza death toll tops 21,507 as Israel continues bombing

    The health ministry in Hamas-run Gaza said at least 21,507 people have been killed in the Palestinian territory since war...

    A total of 1,095 have been wounded while taking refuge at UN sites, UNRWA said on social media platform X.

    The UN agency for Palestinian refugees, UNRWA, said 308 people seeking shelter in their facilities have been killed during the war

  • Google agrees to settle $5bn data privacy breach lawsuit

    Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked...

    The lawsuit, filed in a California court, claimed Google's practices had infringed on users' privacy by "intentionally" deceiving them

    Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked as they visited Google Analytics in private browsing mode

  • UN agency says Israel targeted Palestinian aid convoy

    Gaza City, Palestinian Territories - The United Nations agency for Palestinian refugees said on Friday an aid convoy came under fire...

    The UN official said "Israeli soldiers fired at an aid convoy as it returned from northern Gaza along a route designated by the Israeli army".

    The Israeli military responded to requests for comment saying that it was looking into reports about the incident.

  • Iran executes 4 on charges of spying for Israel, says judiciary

    Iran hanged four people convicted of spying for arch foe Israel, the judiciary said, less than two weeks executing a...

    The group "committed extensive actions against the country's security under the guidance of the Mossad", Israel's spy agency, Mizan said.

    On December 16, a man also convicted of working for Mossad was executed in the southeastern province of Sistan-Baluchistan.

  • Israel to negotiate release of Gaza hostages: Netanyahu

    Tel Aviv, Israel - Israel is negotiating the release of hostages held by the radical Palestinian movement Hamas in the...

    Netanyahu confirmed to hostages' families that Israel is working to get all the hostages back, adding that Qatar and Egypt have made two separate proposals

    His meeting with the families came ahead of a meeting of the war cabinet to discuss proposals by Qatar and Egypt to mediate in the Israel-Hamas conflict

  • Hamas delegation to discuss Egypt’s Gaza ceasefire plan

    Sources close to Hamas say Cairo's three-stage plan provides for renewable ceasefires, a staggered release of hostages held by Hamas...

    The ceasefire plan was put last week to officials of Hamas and Islamic Jihad, which is also battling IDF in the territory, when the chiefs of both movements visited Cairo

    Diaa Rashwan, who heads Egypt's State Information Services, confirmed that Cairo had put forward "a framework intended to bring together the views of all parties concerned