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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.
  • US concerned over hospital strikes after Jordan’s Gaza facility hit

    Washington, which provides significant military aid to Israel, has given unwavering support to its top Middle East ally since the...

    Blinken spoke by telephone with Jordanian Foreign Minister "to share his deep concern for the Jordanian medical personnel injured outside Jordanian field hospital in Gaza"

    Antony Blinken, who was attending an Asia-Pacific summit in San Francisco, "reiterated that civilians and medical personnel at hospitals must be protected," a statement said

  • Gaza and Ukraine: Two sides of the Western bias

    The US President Joe Biden's recent statements on the ongoing Gaza conflict, especially his assertions about Hamas' headquarters and the...

    US President Joe Biden's recent press conference highlights differing narratives on conflicts in Ukraine and Gaza, writes Shakir Husain.

    Western support for Israel's actions in Gaza underscores a shift from observers to participants in Middle Eastern conflicts, he adds.

  • Israel strikes hit near Damascus: Syrian state media

    Israel has targeted Syria several times in the past weeks as regional tensions simmer over the Israel-Hamas war in the...

    Syrian Observatory for Human Rights group said the strikes targeted sites belonging to the powerful Lebanese Hezbollah group

    Israeli strikes last month put Syria's two main airports in Damascus and Aleppo out of service several times over two weeks

  • UN chiefs reject unilateral proposals to create ‘safe zones’ in Gaza

    Geneva, Switzerland - The heads of numerous United Nations agencies and other humanitarian organizations said on Thursday they would not take...

    The officials said they "will not participate in the establishment of any 'safe zone' in Gaza that is set up without the agreement of all the parties".

    They added that proposals to unilaterally create 'safe zones' in Gaza risk creating harm for civilians, including large-scale loss of life.

  • UAE defense ministry orders 100 REACH-S unmanned aircraft from EDGE

    DUBAI, UAE - EDGE, one of the world's leading advanced technology and defense groups, announced its first major order from...

    ADASI, an EDGE entity which designs and develops autonomous systems, will oversee the production and deliver the contract to the UAE Armed Forces.

    The REACH-S will provide the UAE Armed Forces with a cost-effective, 24-hour intelligence, surveillance and reconnaissance (ISR) capability.

  • EU chief asks Israel not to be consumed by rage in Gaza

    Kibbutz Beeri, Israel - EU foreign policy chief Josep Borrell on Thursday called for Gaza hostages to be immediately freed, but...

    Speaking at Kibbutz Beeri, whose leaders reported around 85 people killed and around 30 taken prisoner by Hamas, Borrell said "Israel has to be defended".

    Israel has bombarded targets in Gaza and sent in ground troops against Hamas, killing more than 11,500 people, local Hamas government said

  • The AI of war: computers and autonomous killing

    Observers say Beijing is massively investing in AI, to the point where it may soon be able to change the...

    Ahead of a summit between China's Xi Jinping and US President Joe Biden, there had been suggestions that the two men would agree to ban lethal autonomous weapons

    The meeting appeared to produce no such accord, but experts say it's a vital topic that is already altering armed conflict -- and switching up the competition for global supremacy

  • UN official calls for probe over human rights violations in Israel-Hamas war

    Geneva, Switzerland - The UN human rights chief on Thursday decried serious allegations of international law violations in the Israel-Hamas war...

    Turk was speaking after a visit last week to the Middle East, where he warned that both sides were committing war crimes in the deadly conflict.

    He added his most important recommendation was that all parties had to acknowledge that all human lives have equal value.

  • Saudi Arabia, CARICOM countries hold first summit for strategic partnership

    RIYADH, SAUDI ARABIA - Since its foundation, the Kingdom has been keen to build bridges of communication with all the...

    The convening of the summit will contribute to mutual support for various global nominations of the Kingdom and CARICOM, including Saudi Arabia's bid to host Expo 2030.

    It will enhance coordination on regional and international issues of common interest, boosting tourism cooperation, and highlighting Saudi Arabia's tourist attractions.

  • UN Security Council calls for ‘humanitarian pauses’ in Gaza

    The resolution, prepared by Malta and adopted with 12 votes in favor, "calls for urgent and extended humanitarian pauses and...

    The resolution called on all parties to comply with international humanitarian obligations "notably with regard to the protection of civilians, especially children

    It also called for the "immediate and unconditional release of all hostages held by Hamas and other groups, especially children." Over 230 hostages are believed to be held by Hamas