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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.
  • Tunisian opposition leader to spend more time behind bars

    Tunis, Tunisia - The leader of Tunisian opposition party Ennahdha, Rached Ghannouchi, 82, had his jail sentence on terrorism-related charges raised...

    Rached Ghannouchi, leader of Tunisian opposition, will now stay in jail for 15 months, instead of 12 months

    Ghannouchi's latest sentence came following a police union's complaint accusing the opposition leader of inciting violence

  • Nordic countries announce deal to strengthen repatriation of refugees

    COPENHAGEN, DENMARK - Nordic migration and justice ministers on Tuesday announced a deal to strengthen efforts for migrants to return to...

    Denmark has spearheaded harder lines on migrants in the Nordics and stepped up initiatives to discourage immigration.

    The first of the three initiatives was to increase collaboration between migration attaches responsible for deportation in the Nordic countries.

  • Holocaust memorial decries envoy for wearing yellow star at UN

    His wearing of the badge, which has come to symbolize the oppression of Jews since its imposition in Nazi-occupied Europe,...

    Israel's Holocaust memorial Yad Vashem chairman Dani Dayan said he was "sorry to see" the move by the Israeli delegation in New York

    "This act disgraces the victims of the Holocaust as well as the state of Israel," Dayan said in a Hebrew-language post on X, formerly Twitter

  • 50 Palestinians killed in airstrike as Israel pushes deeper into Gaza

    As relentless bombardment of Gaza continues, US Secretary of State Antony Blinken said that the Palestinian Authority should retake control...

    Iran said it was "natural" for Tehran-backed groups to attack Israel in light of its war on Hamas, warning of a wider spillover if no ceasefire is reached.

    The UN agency for Palestinian refugees, UNRWA, warned that the limited number of aid convoys entering Gaza were insufficient to meet the "unprecedented humanitarian needs'.

  • Bilateral trade in 2023 to overtake 2022 figures, says Canada’s envoy to UAE

    ABU DHABI, UAE - Trade between the two countries is on an upswing with volumes this year expected to surpass...

    Trade between the UAE and Canada, worth US$4.1 billion in 2022, surpassed the 2021 figure of US$3.4 billion (AED12.7 billion).

    Bilateral trade to the tune of US$1.8 billion in H1 2023 (January to June) exceeded the US$1.7 billion worth of trade in H1 2022.

  • Foreign investments rise in NE China due to several projects

    SHENYANG, CHINA – Investments in the country’s northeast have grown over the past years as several multinational corporations put in...

    Aramco and JV partners NORINCO Group and Panjin Xincheng Industrial Group have a mega Saudi-Chinese petrochemical project in Liaoning Province.

    The project is a 300,000 barrels per day refinery and a petrochemical complex with an annual production capacity of 1.65 million metric tons.

  • Thai FM travels to Qatar, Egypt for Hamas hostage talks

    Prime Minister Srettha Thavisin said Monday his government was working hard to get Thai citizens home. About 30,000 Thais were...

    More than 230 hostages are being held by Hamas in Gaza, according to the latest Israeli figures

    Thai FM is traveling to meet Qatari leaders to discuss the situation of Thai nationals being held hostage

  • GCC chief stresses need for combating corruption to fuel economic growth

    Muscat, Oman-- Secretary General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudawi, has underscored the importance of cooperation in...

    Albudawi spoke on corruption at the 9th meeting of the Ministerial Committee concerned with combating corruption in the GCC countries

    He said fighting corruption has globally gained importance in recent years, in light of the growing negative impact of corruption on economies

  • The ‘Pax Americana,’ the ‘American world’ with a single hegemon is crumbling: Putin

    Novo-Ogaryovo, Russia: The United States and its satellites are benefiting from conflicts in the Middle East and other parts of...

    The US as a global superpower is becoming weaker, losing its positions, and everyone sees it, understands it, Russian president said

    The United States ruling elites and their satellites are the major beneficiaries of the global instability, Putin said about conflict in Gaza

  • Gaza ceasefire will not happen: Netanyahu

    Israeli prime minister said ceasefire would amount to surrendering to the Gaza Strip's rulers Hamas and said that the international...

    Netanyahu said that Israel would "fight until this battle is won"

    The health ministry in Gaza says at least 8,306 people have been killed