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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.
  • With Mideast crisis, Russia and China hope to turn tables on US

    The Chinese and Russian reprimands ring hollow for US officials, who doubt the rival powers will engage in painstaking diplomacy...

    In comments likely aimed at consumption in the Islamic world, Russia has accused the United States of escalating the conflict through military reinforcements

    China and the United States have both sought diplomatic advantage in the crisis, including through a call between Blinken and Chinese Foreign Minister Wang Yi

  • Iran and Saudi ties effective in solving regional issues: Raisi

    Tehran, Iran--Iran's President Ebrahim Raisi believes the expansion of ties between Tehran and Riyadh will be effective in strengthening regional...

    He made the comments during a meeting with Abdullah bin Saud Al-Anzi, the newly appointed Saudi ambassador to Iran

    The new ambassador said the relations between Saudi Arabia and Iran are very strong because of commonalities between them

  • Stocks surge on China spending plan as oil prices retreat

    Traders tracked a rally on Wall Street that was helped by a strong set of earnings from big-name firms including...

    Hong Kong was the stand-out performer Wednesday, jumping more than two percent

    Traders were aware that the crisis in the Middle East could spiral out of control at any minute

  • Israel bombs Syria’s ‘military infrastructure’ in air raids

    According to the Israeli Defense Forces (IDF), its jets hit military infrastructure and mortar launchers of the Syrian Army in...

    According to Syrian state media, Israeli strikes on Sunday put Syria's two main airports out of service

    Earlier in the month, Israeli strikes targeted Aleppo airport, wounding five people, a war monitor reported

  • Israeli-Palestine war: US president calls Saudi Crown Prince

    Riyadh, Saudi Arabia - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and US President Joe Biden discussed...

    Prince Mohammed underlined the necessity of immediate work to explore means of halting the military operations

    He highlighted rejection of the targeting of civilians in any form as well as the targeting of infrastructure and vital facilities

  • 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

  • UN chief denounces Israel, calls Gaza shelling as violation of law

    United Nations, - UN Secretary-General Antonio Guterres on Tuesday alleged violations of international law as Israel pounds Gaza, and urged...

    Guterres, who personally traveled to the crossing between Egypt and Gaza in a push to let in assistance, welcomed the crossing of three aid convoys

    "But it is a drop of aid in an ocean of need. In addition, our UN fuel supplies in Gaza will run out in a matter of days. That would be another disaster," Guterres said

  • ‘They treated us gently’: freed Israeli hostage recounts Gaza captivity

    Tel Aviv, Israel - Yocheved Lifshitz "went through hell" when abducted by Hamas, the 85-year-old Israeli said Tuesday, recounting her experience...

    Lifshitz said she had been left in a hall with about 25 other hostages and then taken to a separate room with four other people from Nir Oz

    "They treated us well," she told reporters, saying a doctor visited the hostages every two to three days and provided medicine

  • Iran’s Raisi says Muslim disunity enabled Israeli ‘aggression’

    "A united and unified position in the Muslim world could have prevented the oppression and aggression of the Zionist regime...

    He made the remarks while receiving the credentials of the new Saudi ambassador to Tehran, Abdullah bin Saud al-Anazi.

    Iran and Saudi Arabia broke off diplomatic ties seven years ago, amid an escalating geopolitical rivalry, but in March they signed a China-brokered deal to restore relations.

  • Saudi exports, services grow by 135% in Q2: Economy Minister at FII7

    Riyadh, Saudi Arabia -- Saudi Arabia's Minister of Economy and Planning, Faisal F Alibrahim said Tuesday the Kingdom saw a...

    Speaking at the seventh Future Investment Initiative forum in Riyadh, Alibrahim said Saudi Arabia is seeing a diverse range of sectors fueling non-oil activity growth.

    He said the Kingdom provided one of the most investment-friendly environments in the form of cost-effective and clean energy, legislations and manpower.