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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.
  • Saudi set to host FIFA World Cup 2034 in either summer or winter

    Despite summer temperatures touching 50 degrees Celsius (122 Fahrenheit) in the major cities, Saudi Arabian Football Federation president Yasser al-Misehal...

    Misehal also indicated that Saudi Arabia intends to push ahead and host the tournament alone, without asking its neighbors to hold any games.

    That would make Saudi the first country to organize the newly expanded, 48-team World Cup on its own, after the joint hostings in 2026 and 2030.

  • UN decries ‘latest atrocity’ as Israel strikes refugee camp again

    "This is just the latest atrocity to befall the people of Gaza where the fighting has entered an even more...

    Jordan said it would "immediately" recall its ambassador to Israel in protest against the ongoing Israeli war in Gaza that has killed thousands of people.

    US Secretary of State Antony Blinken will hold talks in Israel Friday and then visit other regional powers as Washington seeks "urgent mechanisms" to reduce regional tensions.

  • Phones and internet ‘completely’ shut off across Gaza

    Internet and phone networks were completely cut last week but were restored at the weekend. The government of Palestinian fighters...

    Global network monitor Netblocks confirmed that Gaza "is in the midst of a new internet blackout with high impact to the last remaining major operator, Paltel

    A journalist in Gaza confirmed the loss of communications, adding that his phone still had signal because he was using an international SIM card

  • Wounded Gaza residents and foreigners cross into Egypt

    The border opening with Egypt provided the first glimmer of hope in the flaring humanitarian crisis in Gaza which the...

    Egypt announced that the most badly wounded, foreigners, and dual nationals can leave Gaza

    The bombing campaign has cost the lives of more than 8,500 people, mostly civilians

  • Israel reports killing of nine soldiers in battle with Hamas fighters

    Jerusalem--Nine Israeli soldiers were killed during combat operations in Gaza on Tuesday, the military said, bringing the total number of...

    In the Gaza Strip, fierce battles between Israeli ground troops and militants have been reported as Israel has pressed its campaign to "crush" Hamas

    Yoav Gallant, Israeli Defence Minister, said the deaths of the soldiers in battle was "a hard and painful blow," noting the army's "significant achievements"

  • Bahrain and UK discuss boosting trade, investment ties

    London, UK-- Bahrain and the UK have discussed way to boost bilateral cooperation in trade, investment and economic fields between...

    The foreign minister of Bahrain is on a visit to London to attend the first strategic dialogue between the two countries

    The two ministers then co-chaired the meeting of the Bahrain-UK joint committee, attended by representatives of the two countries

  • Bolivia cuts ties with Israel over Gaza strikes

    The South American nation also announced it was sending humanitarian aid to Gaza. The leaders of both Colombia and Chile...

    The government of leftist Luis Arce is the first in Latin America to cut ties with Israel since Israel began bombarding Gaza

    Hamas hailed Bolivia's decision, saying it "holds it in high esteem" while urging Arab countries to do the same

  • Houthi missile, drone attacks at Israel create spillover fears

    Dubai, UAE - The Houthi movement, which is part of the "Axis of Resistance" supported by Iran, has expressed its...

    Houthi military spokesperson Yahya Saree announced in a televised statement quoted by Reuters that they had launched a number of ballistic missiles and drones toward Israel

    Israel's National Security Adviser, Tzachi Hanegbi, described the Houthi attacks as intolerable but did not provide specific details on how Israel might respond

  • Around 420 children killed or injured in Gaza daily: UNICEF

    Rabat, Morocco - On average, around 420 children are killed or injured every day in Israel’s attacks on the Gaza...

    Reportedly more than 3,450 children killed; staggeringly this rises significantly every day, UNICEF spokesperson said.

    Women and children constitute about 70% of those killed in the Gaza Strip, UNRWA official Philippe Lazzarini said

  • Investors eye gold as safe haven amid Gaza tensions

    The ongoing Gaza conflict has driven gold prices over $2,000/oz, highlighting the deep connection between geopolitical tensions and global financial...

    The ongoing Gaza conflict has driven gold prices over $2,000/oz, highlighting the deep connection between geopolitical tensions and global financial market reactions.

    The 'political reversal' scenario for the present Middle East developments involves potential involvement of Lebanon and Syria, while the 'oil crisis' scenario involves Iran.