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Masdar acquires Saeta Yield

The deal is estimated to be valued at $1.4 billion.

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.

ADNOC Distribution H1 dividend $350m

The total dividend for 2024 is expected to be $700 million.

TAQA launches new corporate identity

Abu Dhabi Energy Services will be renamed as TAQA Services.

Rightmove rejects £5.6bn Murdoch bid

The property website said the bid was undervalued.
  • US, UK air strikes hit several sites in Yemen

    The British defence ministry said in a statement that its planes launched strikes in "a joint operation with US forces...

    AFP journalists heard loud explosions in the capital Sanaa and the port city of Hodeida overnight from Thursday to Friday

    The Houthi-controlled television channel Al-Masirah said strikes had also targeted telecoms infrastructure in the town of Taez

  • Rafah battles intensify as Israel takes over Gaza-Egypt border strip

    Israel said on Wednesday its forces had taken over the 14-kilometre Philadelphi corridor on the Gaza-Egypt border

    The Israeli military launched its incursion into Rafah in early May despite international objections

    A strike over the weekend that started a fire and killed dozens in a displacement camp drew a wave of fresh condemnation

  • Car ramming attack kills two Israeli soldiers in West Bank: army

    A car ramming attack killed two Israeli soldiers near the city of Nablus in the occupied West Bank, the Israeli...

    Violence in the West Bank flared against the backdrop of Israel's war against Hamas militants in Gaza

    The amount of humanitarian aid entering Gaza has dropped by two-thirds-UN

  • China’s Xi to address Arab leaders seeking ‘common voice’ on Gaza

    Meeting Sisi on Wednesday, Xi said he was "deeply pained" by the "extremely severe" situation in Gaza, where the Hamas-run...

    China's capital is this week hosting Egyptian President Abdel Fattah al-Sisi and several other Arab leaders for a forum in which Israel-Palestine war is expected to be discussed

    Beijing has good relations with Israel but has supported the Palestinian cause for decades and campaigned for a two-state solution to the Israeli-Palestinian conflict

  • Palestinian fighters release video of Israeli hostage alive in Gaza

    The Hostages and Missing Families Forum campaign group identified him as Alexander (Sasha) Trupanov, and called on the Israeli authorities...

    The captive, identified by Israeli media as Sasha Trupanov, 28, is seen speaking in Hebrew in the 30-second clip

    Trupanov, a Russian-Israeli dual national, was captured on October 7 from Kibbutz Nir Oz along with his mother, grandmother and girlfriend

  • Gaza civil defense says new Israel strike kills 21 in West Rafah camp

    Israel launched its controversial assault on Rafah earlier this month, dismissing concerns for the safety of the 1.4 million Palestinian...

    21 people had been killed in an "occupation strike targeting the tents of displaced people west of Rafah"

    An Israeli strike on Sunday set ablaze a crowded camp in Rafah, killing 45 people

  • Saudi king chairs cabinet meeting after ‘recovery’

    The meeting comes nearly 10 days since the royal court said the king had a lung infection and was undergoing...

    King Salman "thanked his sons and daughters, the people of the kingdom, for their kind prayers" during his recovery

    He also expressed his gratitude to everyone who sent him wishes of health and well-being

  • Egypt military says guard killed in ‘shooting’ at Rafah border

    Al-Qahera News, which has links to Egyptian intelligence, quoted a defence official as saying an initial probe of the shooting...

    The Israeli military reported a "shooting incident" on the Egyptian border and said it was discussing the incident with Egypt

    Since May 7, Israeli forces have been operating in Rafah, a city in the far south of the Gaza Strip bordering Egypt

  • Spain, Ireland and Norway recognize Palestinian state

    The plans were unveiled last week in a coordinated announcement by their prime ministers, with formal recognition to take place...

    The three European countries believe their initiative has strong symbolic impact, which will likely encourage others to follow suit

    "Recognising the state of Palestine is about justice for the Palestinian people," Spanish Foreign Minister Jose Manuel Albares said on Monday in Brussels

  • Israel faces global outcry over Gaza strike that set ablaze tent city

    The UN called on Israel to conduct a "thorough and transparent" investigation into the Rafah strike, as the Israeli military...

    Across the region, the Israeli attack sparked strong protests from mediators Egypt and Qatar as well as from Jordan, Kuwait, Saudi Arabia and Turkey.

    Turkish President Recep Tayyip Erdogan said "we will do everything possible to hold these barbarians and murderers accountable".