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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.
  • FGCC Chambers to hold GCC-Egyptian Business Forum in Saudi Arabia

    AL-KHOBAR, SAUDI ARABIA - The Federation of Egyptian Chambers of Commerce (FEDCOC) is scheduled to host the first Gulf-Egyptian Business...

    The forum will address the most important economic and commercial issues.

    Gulf and Egyptian officials and entrepreneurs are slated to attend the forum.

  • As Gaza death toll hits 9,770, Israel cuts internet and phone lines

    Israeli Heritage Minister Amichay Eliyahu was suspended from government meetings "until further notice" for advocating dropping a nuclear bomb on...

    "But it confirms the truth of the racist view Israelis hold against Palestinians. This is the true face of the occupation government," Arab League chief Ahmed Aboul Gheit said.

    Israel cut internet and phone lines in the Gaza Strip Sunday night, for the third time since the start of the Israel-Hamas war on October 7, telecoms firm Paltel said.

  • Arab ministers meet in Jordan, seek resolution to Gaza conflict

    AMMAN, JORDAN  â€“ Foreign ministers from key Arab nations – including Saudi Arabia, the United Arab Emirates, Egypt, Qatar, and...

    The summit with Arab diplomats reinforced their collective call for an end to the aggression against Gaza.

    It emphasized the international community's role in stopping military operations and the bloodshed of civilians.

  • UAE ministry issues guidebooks on Emiratization for employers, employees

    DUBAI, UAE - The Ministry of Human Resources and Emiratization (MoHRE) has launched awareness guidebooks for private sector companies and...

    The awareness guidebook for Emiratis working in the private sector covers 11 topics

    The awareness guidebook for the private sector companies covers nine topics.

  • Blinken makes surprise West Bank visit as fierce fighting roils Gaza

    Blinken arrived in Ramallah under tight security one day after meeting in Jordan with Arab foreign ministers angered by mounting...

    Blinken last week told a Senate hearing the Palestinian Authority should retake control of Gaza, even though it currently exercises only limited autonomy in parts of the West Bank.

    Blinken faced a rising tide of anger in meetings with Arab foreign ministers in Jordan on Saturday, where he reaffirmed US support for "humanitarian pauses".

  • Israel forces kill three Palestinians in West Bank: ministry

    Further south, a 22-year-old Palestinian was "killed by Israeli occupation bullets in Nuba, northwest of Hebron," the ministry said. Meanwhile,...

    Two men, aged 22 and 20, were killed "in an attack by Israeli occupation forces on Abu Dis", a suburb of annexed east Jerusalem

    One of the two was fatally hit by a "bullet in chest" and "six others were wounded, three seriously", according to a statement

  • Hamas govt suspends evacuation of foreigners to Egypt

    "No foreign passport holder will be able to leave the Gaza Strip until wounded people who need to be evacuated...

    An Egyptian security source said that "no wounded person or holder of a foreign passport arrived at the Egyptian terminal" of Rafah

    He said the evacuation was suspended "after the bombing of ambulances transporting injured people on their way to the Egyptian terminal"

  • Poppy growth down 95% in Afghanistan since Taliban ban: UN

    The UNODC warned of potential "humanitarian consequences for many vulnerable rural communities" due to the sudden contraction of Afghanistan's opium...

    UNODC report found that poppy cultivation has collapsed by an estimated 95 percent -- from 233,000 hectares at the end of 2022 to 10,800 in 2023

    Last year, poppy crops accounted for almost a third by value of total agricultural production in Afghanistan, the world's leading producer

  • Israelis protest in thousands over government response to Hamas attack

    In Jerusalem, hundreds came together outside Netanyahu's residence with more explicit calls for his resignation. The nine months leading up...

    In Israel's commercial hub Tel Aviv, several thousand protesters took to the streets on Saturday evening, including relatives and friends of some of the hostages

    International pressure is growing on Israel to agree to humanitarian pauses in the Gaza fighting, but hostages' loved-ones said they should be released as a precondition

  • Turkey recalls envoy to Israel, breaks off contact with Netanyahu

    Turkey has hardened its attitude toward both Israel and its Western supporters, particularly the US, as the relentless Israeli attacks...

    Hamas in a statement hailed the decision and urged Turkey to put pressure on Joe Biden

    Israel called the move "another step by the Turkish president that sides with the Hamas"