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Samsung says planning job cuts

The layoffs could affect about 10 percent of the workforce.

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.
  • Israeli forces detain 4,695 Palestinians in West Bank since Oct 7

    The Palestinian Prisoners Society (PPS) and the Detainees and Ex-Detainees Affairs Authority say the tally includes the Palestinians detained at...

    The statement said Israeli forces continue to carry out widespread acts of abuse, brutal assaults, on-field interrogations, and threats against detainees and their families.

    Since Oct 7, West Bank Palestinians have witnessed growing settler violence and the displacement of small herding villages on land coveted by Israel.

  • SFD-financed Arkiz Agricultural Project in Mauritania inaugurated

    Dubai, UAE -- The Arkiz Agricultural Project in Mauritania, which has been financed by the Saudi Fund for Development (SFD)...

    The project will improve the efficiency of Mauritania's water, irrigation and drainage facilities, while delivering agricultural equipment and potable water to farmers.

    Since 1979, the fund has contributed toward 20 development projects in Mauritania, at a value of over $665 million.

  • Biden presses Netanyahu on protecting civilians in Gaza

    The conversation came a day after the UN Security Council passed a resolution demanding "safe and unhindered delivery of humanitarian...

    Biden told reporters earlier in the day that he had a "long talk" with Netanyahu

    The two leaders discussed the "objectives and phasing" of Israel's military campaign

  • Turkey targets ‘terrorists’ in Iraq and Syria after 12 soldiers killed

    Ankara has operated several dozen military posts in the area for the past 25 years in its decades-old war against...

    Defense ministry said "29 targets, including caves, bunkers, shelters, oil installations and warehouses, were destroyed" during the operation carried out at 10 pm BN

    Syrian Observatory for Human Rights reported strikes on Saturday evening against two oil sites in northeast Syria, near the Turkish border

  • Number of journalists killed in Israel’s war on Gaza rises to 100

    Dubai, UAE-- At least 100 journalists have been killed since Israel’s war on Gaza began on October 7, according to...

    According to the media office in Gaza, Muhammed Abu Hweidy was the latest to be killed in an Israeli air raid on his home in Gaza on Saturday

    The media office added that the number of journalists killed has risen to 100, men and women, since the start of the brutal war on the Gaza Strip

  • US sees new isolation from Israel support

    In one step back from the newfound isolation, the Un on Friday, after painstaking negotiations, let through a UN Security...

    A survey of six Arab publics last month showed that just seven percent believed the United States played a positive role in the war

    Polling showed the main beneficiaries in Arab opinion have been China, Russia and Iran, which has historic tensions with the Arab world

  • Israeli strikes on Gaza kill 200 people in 24 hours

    The high civilian toll in the latest Israeli strikes on the besieged territory comes in spite of growing calls for...

    Most of the fighting is now centred on Gaza City and the southern city of Khan Yunis

    Hamas authorities said the death toll from this war has now surged beyond 20,000

  • Syrians cancel Christmas festivities in solidarity with Gaza

    The Syriac Catholic Church was not alone, with the leaders of three of Syria's major churches -- the Greek Orthodox,...

    The northern Syrian city is usually home to a bustling festive market and a huge Christmas tree

    The UN has said the ongoing Israeli military campaign left no safe place anywhere in the strip

  • US blames Iran for targeting tanker off India coast

    It was the first time the Pentagon has accused Iran of directly targeting ships since the start of Israel's war...

    A Pentagon statement said Saturday's Indian Ocean attack took place around 10 am local time

    Ambrey, a maritime security firm, said the "chemical/products tanker was Israel-affiliated"

  • Yemen warring parties agree to ceasefire: UN envoy

    UN special envoy Hans Grundberg's announcement marks the latest step to end the nine-year war that has killed hundreds of...

    Grundberg said he "welcomes the parties' commitment to implement a nation-wide ceasefire

    Yemen has been gripped by conflict since Houthi rebels took control of the capital Sanaa in 2014