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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.
  • Bahrain and Thailand seek to boost economic cooperation

    Manama, Bahrain-- Bahrain and Thailand have held discussions to enhance economic cooperation in a meeting between top officials of the...

    The two officials took a review of the progress made in the political and economic cooperation between the two kingdoms

    They underscored the resolve of the two countries to consolidate security and peace, and also support sustainable development goals

  • First fuel consignment enters Gaza as Israel bows to pressure

    As UN warns of an increasingly desperate situation for 2.4m Palestinians and pleaded for a ceasefire, the first delivery of...

    Israel enforced a siege on the territory, allowing just a trickle of aid in from Egypt

    More than half of Gaza's hospitals are no longer functional due to combat, damage or shortages

  • Palestinian issue has only two-state solution: Erdogan

    Ahead of his trip to Germany, Erdogan ramped up his verbal attacks against Israel, calling it a "terror state" and...

    Erdogan was speaking about the recognition of the sovereignty of the states of Israel and Palestine, with the latter having East Jerusalem as its capital

    Erdogan is on a highly controversial visit to staunch Israel defender Germany, made more tricky by his recent accusations directed at Israel

  • US chip curbs disturb Chinese firms AI projects

    Shanghai, China - US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts...

    E-commerce titan Alibaba on Thursday became the latest Chinese firm to admit to feeling the bite of US sanctions

    The curbs now target cloud computing to prevent Chinese companies from accessing powerful AI chips hosted elsewhere

  • Germany, Turkey leaders hold divergent views on Israel-Hamas war

    BERLIN, GERMANY - Germany and Turkey's leaders traded barbs on Friday over Israel's war on Hamas, with Frank-Walter Steinmeier stressing the...

    Turkey’s President Erdogan is on a controversial visit to staunch Israel defender Germany, made more tricky by his accusations directed at Tel Aviv.

    Erdogan has been increasingly critical of Israel's war against Hamas, triggered by the group's attack that Israel said killed around 1,200 people.

  • Blinken calls on Israel to stop settler violence in West Bank: Report

    Israeli settler violence has increased significantly since the outbreak of the ongoing Israeli genocide campaign in Gaza, rising from an...

    Blinken said there is urgent need for affirmative steps to de-escalate tensions in West Bank, which includes curbing settler violence

    Blinken’s comments came as Israeli occupation forces carried out raids in the occupied West Bank and continued its raids of several of Gaza’s major hospitals

  • Gaza faces shortage of flour due to Israel-Hamas war

    KHAN YUNIS, PALESTINIAN TERRITORIES - One of the last grain warehouses in the Gaza Strip has been damaged by Israeli strikes...

    Of the five flour mills in the densely populated Palestinian territory, at least two have been hit since the war began on October 7.

    Humanitarian aid arriving via Egypt has done little to remedy the shortages, made worse by power cuts and a lack of fuel for generators.

  • 24 die at Gaza hospital due to power outages caused by Israeli siege

    The announcement came shortly after Israel agreed to a US request to allow two fuel trucks a day into Gaza,...

    The UNRWA earlier said its aid trucks were unable to enter Gaza from Egypt for a second straight day due to the lack of fuel and a near-total communications blackout.

    More than half of Gaza's hospitals are no longer functional, and Israel's raid on Al-Shifa left extensive damage to the radiology, burns and dialysis units.

  • $5.8bn worth deals signed in first four days of Dubai Airshow 2023

    DUBAI, UAE – Tawazun Council signed 16 deals, worth US$1.3 billion (AED 4.87 billion), with local and international companies on...

    The first day saw announcement of contracts worth US$1.2 billion and the second day US$1.8 billion

    The total value of contracts announced on third day stood at US$1.3 billion

  • Sudan armed conflict expanding to other regions, warns UN

    Despite the difficulties, some 4.1 million people have received humanitarian aid in the last seven months -- but that amounts...

    The deadly unrest in Sudan includes outbreaks of interethnic violence and attacks against women, according to the global body

    UN assistant secretary-general for Africa expressed alarm over the deteriorating crisis in a Security Council meeting