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‘TAQA’ prices $1.75bn dual tranche

The 12-year senior unsecured notes are sized $850m.

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.
  • South Africa to host virtual BRICS summit on Israel-Hamas war

    Johannesburg, South Africa--South Africa will Tuesday host a virtual summit of the BRICS group of nations, including Russian President Vladimir Putin,...

    The South African presidency, in a statement, said that UN Secretary-General Antonio Guterres will also participate in the virtual summit

    Gaza health ministry officials say nearly 13,300 people, more than 5,500 of them children, have been killed in the Israeli actions against the enclave

  • Israel designates Lashkar-e-Taiba as terror outfit

    Israel marks the 15th anniversary of the 26/11 Mumbai attacks by designating Lashkar-e-Taiba (LeT), a Pakistan based militant group, as...

    LeT was involved in the tragic Mumbai attacks of November 26, 2008, where six Jewish victims, including two Israeli nationals, lost their lives at the Chabad House

    Israeli embassy highlighted LeT's responsibility for the murder of hundreds of Indians, emphasizing the lingering impact of their actions

  • Palestinian state best guarantee of Israel security: EU’s Borrell

    The European Union's top diplomat Josep Borrell drew this conclusion from his discussions with a range of leaders on his...

    Borrell said there was a "sense of urgency" over the desperate humanitarian situation in Gaza

    He said the situation could escalate because of increased settlers' violence against Palestinians

  • Putin to speak at online BRICS summit on Middle East

    Moscow, Russia - President Vladimir Putin will take part in an online BRICS summit on the escalation of the situation...

    According to the press service of the president of South Africa, the current BRICS’ presidency, the meeting will focus, in particular, on the situation in the Gaza Strip

    United Nations Secretary General Antonio Guterres will take part in the meeting, which is expected to yield a joint statement

  • Strains emerge in 72-year-old Türkiye-Israel trade ties

    Amid Ankara's criticism of Israel's actions against Gaza and Israel reassessing diplomatic relations, the future of their oil and steel...

    Amid Ankara's criticism of Israel's actions against Gaza and Israel reassessing diplomatic relations, the future of their oil and steel economic partnership becomes uncertain.

    In 2022, Israel exported $2.34 billion worth of goods to Türkiye, while Türkiye's exports to Israel amounted to a substantial $7.03 billion, the latest trade figures point out.

  • Earth to warm up to 2.9C even with current climate pledges, says UN

    PARIS, FRANCE -  Countries' greenhouse gas-cutting pledges put Earth on track for warming far beyond key limits, potentially up to a...

    The UN Environment Program's annual Emissions Gap report is released just ahead of crucial COP28 climate talks in Dubai .

    Taking into account countries' carbon-cutting plans, UNEP warned that the planet is on a path for disastrous heating of between 2.5C and 2.9C by 2100.

  • UN protectorate in Gaza is not a solution, says Guterres

    The UN chief said it was "important to be able to transform this tragedy into an opportunity" -- which, for...

    Twenty-nine premature babies arrived in Egypt on Monday, Egyptian media said, after they were evacuated from Gaza's largest hospital which has become a focal point of Israel's war.

    Palestinian officials said a field hospital sent by Jordan entered the Gaza Strip Monday, the first since the war between Israel and the territory's rulers Hamas erupted on Oct 7.

  • Norwegian firm expects first cross-border transport of CO2 in 2025

    Oslo, Norway -- Norwegian fertilizer group Yara International on Monday signed a contract to begin transporting CO2 produced at its Netherlands...

    Yara International signed a contract to begin transporting CO2 produced at its Netherlands plant to Norway so it can be buried under the seabed.

    Carbon capture and storage is aimed at helping halt climate change, involves capturing CO2 emissions at factory smokestacks and burying them underground in geological reservoirs.

  • 85 animals set free at Prince Mohammed bin Salman Royal Reserve

    RIYADH, SAUDI ARABIA - The National Center for Wildlife, in cooperation with the Prince Mohammed bin Salman Royal Reserve released...

    The release is part of the National Center for Wildlife’s program with increasing and relocating endangered wild animals.

    The animals released this morning are 20 Arabian oryx, 40 rim antelopes, six mountain gazelles, six alpine ibexes.

  • Iran rejects Israel accusations over ship seized by Yemen rebels

    The Iran-backed rebels in Yemen seized the Galaxy Leader on Sunday, days after they threatened to target Israeli vessels in...

    On Monday, Iran's foreign ministry spokesman said the Israeli accusations were "invalid" and "projection meant to escape from the situation they are facing"

    Iran has warned of a widening conflict, and earlier this month, Foreign Minister Hossein said the intensity of the war has rendered its expansion "inevitable"