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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.
  • Political and tech leaders tackle AI safety at inaugural summit

    London, United Kingdom – UK Prime Minister Rishi Sunak on Thursday hosts political and tech leaders at the inaugural global...

    The United Kingdom, the United States, the European Union and China have agreed to cooperate to ensure the safe use and deployment of AI technologies.

    The summit identified an agenda of three key points: identifying risks, building risk-based policies in different countries.

  • Egypt says to help evacuate ‘about 7,000’ Gaza foreign nationals

    For the first time after weeks of deadly fighting between Israel and Palestinian militants since the Hamas attacks of October...

    Egyptian officials said 76 wounded Palestinians and 335 foreign passport holders had crossed into Egypt on Wednesday

    Among those who crossed were 31 Austrians, four Italians, five French nationals and some Germans, their governments said

  • Biden voices support for humanitarian ‘pause’ in Israel-Hamas war

    The 80-year-old Democrat was delivering remarks to some 200 supporters in the northern US state when a member of the...

    "I think we need a pause. A pause means giving time to get the prisoners out", Biden responded to a Jewish Rabbi who asked him to call for ceasefire

    Asked about Joe Biden's remarks, the White House later clarified that by "prisoners" the president was referring to hostages held by Hamas

  • 195 die in Israel strikes on Gaza camp, hundreds wounded

    The Hamas government in Gaza said that 195 people had been killed in Israeli strikes this week on Jabalia refugee...

    Ambulances were set to rush several dozen patients to Egyptian hospitals, and about 400 foreigners or dual nationals were expected to escape.

    Egypt said that eventually it hoped to help evacuate 7,000 foreigners from over 60 countries from the densely crowded territory of 2.4 million people.

  • More than 20,000 wounded people still in Gaza: MSF

    The MSF pleaded that the people who plan to leave Gaza must be allowed "without further delay" and should also...

    According to Gaza's Hamas-run health ministry, the bombing campaign has killed 8,796 people

    The UN and aid groups have sounded the alarm on the catastrophic humanitarian situation inside Gaza

  • Israeli Prime Minister orders hunt for Hamas leaders: Seymour Hersh

    New York, United States - Israeli Prime Minister Benjamin Netanyahu reportedly ordered Israeli intelligence agencies to track and assassinate all...

    Hersh claims that, based on information from a "well-informed Israeli," Netanyahu tasked intelligence agencies with a mission to eliminate Hamas leaders

    The directive is said to extend to the families of Hamas political and military leaders, including their spouses, siblings, children, and parents

  • Saudi defense minister meets Blinken, Lloyd over Gaza war

    Washington, United States - Saudi Minister of Defense, Prince Khalid bin Salman bin Abdulaziz met the US Secretary of State...

    The focus of the meeting with Blinken was the ongoing Israeli-Palestine conflict, with discussions centered on joint efforts and coordination to de-escalate

    Prince Khalid also met Austin at the Pentagon and discussions focused on bilateral affairs and the situation in Middle East

  • Middle East conflict alters regional energy dynamics

    Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact...

    Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact of geopolitics on energy security.

    Achieving peace in the Middle East region is crucial, not just for the well-being of its people but also for maintaining global economic stability and energy security.

  • UAE and Jordan sign MoU to boost investment cooperation

    Abu Dhabi, UAE--The UAE and Jordan have signed a memorandum of understanding (MoU) to create a framework for investment cooperation...

    ADQ has entered into a strategic partnership agreement to create a joint investment fund with Jordan Investment Fund

    The agreement will enable the UAE and Jordan to explore opportunities to boost bilateral investments and enhance both nations’ GDP

  • Iran urges Muslim nations to suspend trade with Israel

    The bombing campaign by Israel in Gaza has killed more than 8,500 people, two-thirds of them women and children, according...

    "Muslim countries should not cooperate economically with the Zionist regime (Israel)," said Iran's supreme leader Khamenei, calling for a "block on oil and food exports"

    "The Muslim world must not forget who is putting pressure on the population of Gaza. It's not just about the Zionist regime," he said.