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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.
  • Arab, Islamic leaders seek end to Israeli aggression

    The Joint Arab Islamic Extraordinary Summit, held in Riyadh calls for an immediate ceasefire and the establishment of a just...

    The Joint Arab Islamic Extraordinary Summit, held in Riyadh calls for an immediate ceasefire and the establishment of a just and lasting peace based on a two-state solution.

    Leaders from the Arab and Islamic world jointly call for the protection of Palestinian civilians, emphasizing the centrality of the Palestinian cause in regional stability.

  • Arab, Muslim leaders summit condemns Israel over Gaza offensive

    Arab and Muslim leaders condemned Israeli forces' "barbaric" actions in Gaza but declined to approve punitive economic and political steps...

    The summit took place against a backdrop of widespread anger in the Middle East and beyond over Israel's aerial and ground offensive in Gaza.

    Israel's offensive in Gaza killed over 11,000 people, mostly civilians and many of them children, according to the Hamas-run health ministry.

  • Russia spreading disinformation on Middle East situation, says Microsoft

    Paris, France - Russia has been spreading "disinformation" about the situation in the Middle East, the president of Microsoft said on...

    Brad Smith, Microsoft vice chair and president, was asked about the role of the US tech giant in promoting peace at an international peace forum in Paris.

    The president of tech giant said that Microsoft and its competitors were fighting against disinformation, in particular by using Artificial Intelligence (AI).

  • Saudi to host joint Arab-Islamic summit on Gaza crisis

    Riyadh, Saudi Arabia - Saudi Foreign Ministry said on Saturday that the Kingdom will hold a joint Arab Islamic extraordinary...

    Saudi ministry said It was decided to hold a ‘Joint Arab Islamic Extraordinary Summit’ in an exceptional manner on November 11.

    Earlier, ‘extraordinary session of the Arab Summit’ and the ‘Extraordinary Islamic Summit’ were scheduled to be held on the same date.

  • Israel faces global calls to protect civilians in Gaza

    The suffering and death in Gaza has prompted growing calls for a halt in five weeks of fighting in order...

    The Gaza health ministry says Israeli fighting has killed more than 11,000 people, also mostly civilians and many of them children

    Almost 1.6 million people have been internally displaced since October 7, the UN agency for Palestinian refugees (UNRWA) said

  • Israeli bombing leaves Gaza with no safe zones, says Russia to UN

    New York, USA - There are no safe zones left in Gaza amid Israeli strikes, Russian Permanent Representative to the...

    "(Israel’s) deliberate strikes on civilian facilities are a blatant violation of international humanitarian law," said Russian envoy to the UN.

    The Israel Defense Forces (IDF) meanwhile reported that the Israeli military has taken control of 11 military posts of the Palestinian group Hamas.

  • French president urges Israel to stop bombing Gaza civilians

    Emmanuel Macron, speaking to the BBC, cited examples of "these babies, these ladies, these old people" in urging Israel to...

    Macron said the killings in Gaza by Israel was creating "resentment and bad feelings" in the Middle East

    More than 11,000 people, mainly civilians, have been killed in Israel's air and ground assault

  • Saudi-African Summit calls for peace in Middle East

    The Summit held in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's...

    The Summit in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's humanitarian crisis.

    Marking a significant step in Saudi-African relations, Riyadh Declaration vows to enhance cooperation across defense, economic, cultural, and environmental sectors.

  • Blinken ends marathon tour warning ‘more needs to be done’ on Gaza

    New Delhi, India - US Secretary of State Antony Blinken wrapped up a marathon diplomatic push on Friday in India after...

    Blinken arrived in New Delhi on Thursday seeking to bolster India as a regional counterweight to China and win backing for its position on Israel's war with Hamas.

    The conflict in Gaza poses a major challenge to hopes of a key trade and transport route linking Europe, the Middle East and India, unveiled during the G20 talks in September.

  • Egypt and Qatar to discuss ceasefire efforts in Gaza

    The high-level meeting in Cairo comes ahead of Saturday's summits in Saudi Arabia, where Arab and Muslim leaders are expected...

    "The two leaders discussed the best ways to protect innocent civilians in Gaza and to stop the bloodshed," said a statement

    The two also explored the steps required for ceasefire and sustaining the delivery of humanitarian aid in Gaza