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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.
  • ‘Significant’ pause in Gaza war if hostages freed: US official

    The White House said Biden and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "the urgent need for all hostages...

    Brett McGurk said there will be a surge in humanitarian relief once hostages are released

    Jordan's FM said it was "unacceptable" to link humanitarian pauses to release of hostages

  • War in Gaza represents serious setback for efforts to reduce tension: Gargash

    Manama, Bahrain-- The ongoing war in Gaza represents a serious setback for the efforts to reduce tension in the region...

    The diplomatic adviser to the UAE president expressed concern that the violence in the Gaza Strip will only fuel further extremism and instability in the region

    He said a two-state solution is the only "viable path" to peace for both the Palestinian and Israeli peoples, and it demands strong and sustained international participation

  • WHO calls Gaza’s Al-Shifa hospital death zone

    The UN health agency said that it led an assessment mission to the hospital and determined it was a "death...

    The team could only spend an hour inside the hospital due to the security situation

    WHO said that there were 32 babies in the hospital "in extremely critical condition"

  • GCC leads in climate action despite fossil fuel reliance

    The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy...

    The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy transition, says a report.

    Leading the green transformation is the UAE, which has been proactively funding a variety of clean energy projects, including solar, wind, and nuclear energy.

  • EU chief says union against ‘forced displacement’ of Palestinians

    Cairo, Egypt - European Commission President Ursula von der Leyen on Saturday said she was opposed to the "forced displacement of...

    Visiting Egypt, Von der Leyen "thanked Egypt for its key role in providing and facilitating humanitarian aid to vulnerable Palestinians"

    She discussed with Egyptian president "the ongoing humanitarian crisis in Gaza" and a "political horizon based on a two-state solution"

  • Manama Dialogue helps in addressing political, security challenges, says GCC

    MANAMA, BAHRAIN – Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi has said that the hosting of...

    The conference brings together global senior officials and experts to exchange ideas and theories about common challenges.

    It will help in understanding and analyzing issues, promoting security, peace, prosperity and supporting sustainable development.

  • Palestinian refugees in Lebanon fear for their families in Gaza

    Beirut, Lebanon - In a ramshackle Palestinian refugee camp here, Hayat Shehadeh wrings her hands as she watches the Israel-Hamas war....

    In her Lebanon's refugee camp, Palestinian Fatima al-Ashwah, 61, is glued to television, praying her family members in Gaza are not among those being pulled dead from the rubble.

    Fighting back tears, she recounted how she had visited Gaza in July, and how the family greeted her and another relative with drums and dancing in celebration at the Rafah crossing

  • Hundreds flee as Gaza’s main hospital evacuated

    Hundreds of people fled after Israel's army ordered the evacuation of Gaza's main hospital where over 2,000 people were trapped...

    Israel has been pressing military operations inside the hospital, searching for the Hamas operations center it says lies under the sprawling complex.

    Israel has vowed to destroy Hamas in response to the October 7 attacks which Israeli officials say killed about 1,200 people, most of them civilians.

  • UAE receives first batch of patients from Gaza to undergo medical treatment

    Dubai, UAE-- At least 15 patients from Gaza arrived in the UAE to receive medical treatment in the UAE's hospitals....

    The initiative is part of the UAE government's resolve to provide medical treatment for 1,000 children from the Gaza Strip who are in urgent need of medical care

    The UAE has sent dozens of planes with 1,400 tonnes of food, medical, and relief supplies, to support endeavors aiming at providing relief in the Gaza Strip

  • Sudan asks UN to ‘immediately’ end political mission

    The UN chief was informed about the decision by the country's ambassador to the UN, saying Sudan was terminating the...

    Sudan, however, said it would continue to work "constructively" with the UN

    More than 10,000 people have died in the civil war, which started on April 15