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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.
  • 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

  • Gaza health system has reached point of no return, says ICRC

    The Red Cross called for medical facilities and workers in war-ravaged Gaza to be protected, warning the health system there...

    Medical facilities and personnel across Gaza have repeatedly come under attack since Israel's war with Hamas erupted just over a month ago.

    Such attacks have dealt "a heavy blow to the healthcare system in Gaza, ICRC said.

  • Iran says expansion of Israel-Hamas war has become ‘inevitable’

    President Ebrahim Raisi has said Iran sees it as "its duty to support the resistance groups" but insisted that they...

    "Due to the increasing intensity of the war against the civilian residents of Gaza, the expansion of the scope of the war has now become inevitable", Amir-Abdollahian said

    The Islamic republic of Iran, which supports Hamas financially and militarily, has hailed the militant group's attack on Israel as a "success" but denied any involvement

  • UN agency for Palestinian refugees says Gaza carnage ‘simply must stop’

    "The present course chosen by the Israeli authorities will not bring the peace and stability that both Israelis and Palestinians...

    "Razing entire neighborhoods to the ground is not an answer for the egregious crimes committed by Hamas," said the United Nations official.

    "To the contrary, it is creating a new generation of aggrieved Palestinians who are likely to continue the cycle of violence. The carnage simply must stop," he said.

  • NGOs say full Gaza ceasefire needed to provide care

    About 10 non-governmental organizations told a press conference on the sidelines of a humanitarian summit hosted by France that a...

    Several Western governments have called for a "humanitarian pause" in Israel's offensive, but not for an immediate ceasefire

    About 500 aid trucks have been allowed into the territory from Egypt over the past month, a number that had been the daily average before the war

  • Roadside blast hits global coalition troops in Iraq

    The forces encountered an IED (improvised explosive device) blast near the Mosul dam, the military official told AFP, speaking on...

    United States and coalition forces in Iraq and Syria have been targeted by drone or rocket attacks at least 40 times since October 17

    The coalition had troops at the site until October 20, according to a statement from the counter-terrorism services in Iraqi Kurdistan, in northern Iraq

  • Israel agrees pauses in fighting but rules out ceasefire

    Tens of thousands of civilians have streamed out of devastated northern Gaza in recent days, with men, women and children...

    US President Joe Biden welcomed the pauses, which formalise an arrangement that has already seen tens of thousands of Palestinians flee devastation in northern Gaza

    Netanyahu said Israeli troops were performing "exceptionally well" in the offensive launched after Hamas fighters poured across the border on October 7

  • US won’t hesitate to defend its troops in Middle East: Pentagon

    Washington, United States - Over the last three weeks, Iran-backed militia groups have attacked US bases and facilities in Iraq...

    The department's commitment to Israel's right to defend itself from terrorism is "ironclad," and the department is working daily to help Israel do that, Stroul told lawmakers

    "We also placed over 2,000 personnel and a range of units on a heightened state of readiness, some of which [were] subsequently deployed," she said

  • Gaza unrest poses risk to oil markets, global growth

    Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest...

    Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest report by Oxford Economics.

    The report predicts a quick rebound in equity markets post-conflict dip, while urging policymakers to ready economic safeguards and call for peace.

  • Iran rejects G7 calls to stop supporting Hamas

    Tehran, Iran - Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas members and taking...

    The Iranian diplomat said Tehran has engaged in "non-stop efforts to stop military attacks of the Zionist aggressor regime (Israel) on the defenseless citizens" in Gaza.

    Iran does not recognize Israel and has made support for the Palestinian cause a centerpiece of its foreign policy since the 1979 Islamic Revolution.