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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.
  • Over 60% of employment lost in Gaza since start of current conflict

    Beirut, Lebanon -- At least 61 per cent of employment, equivalent to 182,000 jobs, has been lost in the Gaza...

    The total estimated 390,000 job losses in the two areas that comprise the Occupied Palestinian Territory translate into daily labor income losses of $16 million.

    Gazans have long grappled with persistently high rates of poverty, vulnerability and one of the highest unemployment rates in the world, which stood at 46.4 per cent in Q2.

  • Saudi Arabia launches second phase of Visiting Investor Visa

    RIYADH, SAUDI ARABIA – The Kingdom’s ministry of investment and ministry of foreign affairs launched the second phase of issuing...

    This service is offered to foreign investors as part of the Kingdom’s efforts to boost investment, consistent with Saudi Vision 2030.

    The booking platform is affiliated with the Ministry of Investment “Invest Saudi,” through which the application will be processed.

  • Diversification remains crucial for oil-rich nations

    Combating climate change demands global collaboration and collective action, European Commissioner for Cohesion and Reforms Elisa Ferreira tells TRENDS in...

    Combating climate change demands global collaboration and collective action, European Commissioner for Cohesion and Reforms Elisa Ferreira tells TRENDS in an interview

    She highlights the need for a global sustainability approach, emphasizing localized transitions, inclusivity, and the urgency of shifting to sustainable development

  • US encouraging Israel to kill and carry out cruel acts against Palestinians: Raisi

    Tehran, Iran--Iranian President Ebrahim Raisi on Monday accused the United States of "encouraging" Israel to kill and carry out "cruel...

    Raisi said crimes carried out by Israel against Palestinians are a genocide with the support of the United States and certain European countries

    The Islamic republic financially and militarily backs Hamas but insists it had no involvement in the Palestinian Islamist group's attacks on Israel

  • Heads of UN agencies urge Gaza ceasefire in rare joint statement

    The heads of 18 organizations including UNICEF, the World Food Program and the World Health Organization described the horrific toll...

    In Gaza, the UN statement said, "an entire population is besieged and under attack, denied access to the essentials for survival"

    The UN leaders said more food, water, medicine and fuel must be allowed into Gaza to help its besieged population

  • In Ankara, Blinken tries to soothe strategic ally Turkey’s anger

    Blinken's first visit since Israel went to war with Hamas in reprisal for the militants' October 7 attack comes with...

    Blinken's visit to Turkey comes amid fury at both Israel and the West boiling over on the streets of Turkey and in the palace of President Recep Tayyip Erdogan

    Police used tear gas and water cannon to disperse hundreds of protesters who marched on an air base housing US forces in Turkey's southeast

  • UAE and China urge UN Security Council meeting on Gaza

    Dubai, UAE-- The United Arab Emirates (UAE) and China have called for a closed-door meeting of the UN Security Council...

    The security council will likely discuss, in particular, the strikes on the Palestinian refugee camp Jabalia in the north of the Gaza Strip and a convoy of ambulances

    According to Chinese Foreign Minister, the country will continue to push the UN to fulfill its responsibilities and adopt resolutions to help alleviate the ongoing Gaza crisis

  • US Secretary of State arrives in Iraq on a surprise visit

    During his meeting with Blinken on Sunday, Iraqi Prime Minister reiterated calls for a ceasefire and pointed to "the urgency...

    Iraqi PM met Blinken with the two expected to discuss the risks of escalation in Israel's war with Hamas

    Nearly 2,500 American troops are deployed in Iraq, tasked with advising their Iraqi counterparts in the fight against the IS

  • Jordan and Lebanon call for international initiative to stop war on Gaza

    Amman, Jordan-- Jordan and Lebanon have called for the speeding up of international efforts to stop the war on Gaza...

    Jordan called for the speeding up of international efforts to stop the war on Gaza in order to prevent a spillover of the conflict into the region

    The Lebanese Prime Minister applauded Jordan’s efforts, led by the king, in defending Arab causes and working towards peace and stability

  • Jordan air force drops ‘vital medical supplies’ in Gaza

    Taking to X, formerly Twitter, King Abdullah said that Jordan's air force personnel air-dropped at midnight urgent medical aid to...

    Jordan announced the air drop as US Secretary of State Antony Blinken carried out a regional diplomatic tour

    Gaza continued to be rocked by big explosions for the 30th day since Hamas fighters attacked Israel on October 7th