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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.
  • Premises of two Gaza hospitals shelled by Israel: report

    Cairo, Israel - The areas near Al-Shifa Hospital in Gaza City and Al-Quds Hospital in the western part of the...

    Earlier in a blast on al-Ahli Arab Hospital, which each side blamed on the other, around 500 Palestinian were reported to have lost their lives

    Tensions flared up again in the region on October 7 when militants from the Gaza-based Palestinian group Hamas staged a surprise incursion into Israeli territory

  • Russia FM to visit Iran amid tensions in Middle East

    Iran and Russia have bolstered ties in many fields over the last few years and Moscow has turned to Tehran...

    Iran has invited foreign ministers of Russia, Turkey, Azerbaijan and Armenia for the talks

    The talks come amid tensions in the Middle East as Israel ramps up its war on the Gaza Strip

  • DP World, TPA ink pact

    DP World will operate Dar Es Salaam Port in Tanzania.

    The main aim is of optimizing the port’s operations to improve transport and logistics services throughout Tanzania and its hinterland.

    The port will connect to the hinterland of sub-Saharan Africa through a network of roads, highways, railways and dedicated freight corridors.

  • UAE to expand relations with Singapore in vital sectors: Sheikh Zayed

    Abu Dhabi, UAE -- UAE President Sheikh Mohamed bin Zayed Al Nahyan and Singapore Prime Minister Lee Hsien Loong Sunday...

    Sheikh Zayed noted that the UAE is Singapore’s top trading partner in the Middle East and North Africa.

    The two leaders reviewed cooperation and opportunities to develop relations, especially in the fields of economy, investment, education and tourism.

  • US troops enhance presence in Middle East due to ‘escalations’

    The United States warned against any "escalation" in the Middle East in the wake of Israel's war with Hamas, Defense...

    US Defense Secretary Lloyd Austin ordered the activation of air defense systems and notified additional forces that they may be deployed soon.

    The Pentagon's moves came after what Austin had earlier described in a statement as "detailed discussions" with President Joe Biden.

  • Fresh aid, including fuel, enters Gaza as Israel steps up strikes

    A rare delivery of fuel enters the Palestinian territory; Netanyahu says Hezbollah will make "mistake of its life" if its...

    The United Nations has estimated about 100 trucks per day are needed to meet the needs of 2.4 million Gazans given the "catastrophic" humanitarian situation.

    Sunday's aid delivery through the Rafah crossing was the second such operation in two days after 20 trucks arrived on Saturday.

  • US private universities face donor pressure to support Israel

    Several wealthy Americans have threatened to withdraw their financial support from prestigious private schools like the Ivy League's Harvard University...

    The Wexner Foundation, which works to prepare young Jewish leaders in North America and Israel, went a step further: ending its partnership with Harvard's Kennedy School.

    Harvard, which has an enormous endowment of close to $51 billion, says it derives some 8 percent of its operating revenue from gifts.

  • Israel steps up Gaza strikes ahead of ground invasion

    "Gaza was a desperate humanitarian situation before the most recent hostilities," five UN agencies said. "It is now catastrophic." At...

    The summit ended without a joint statement however, as Western officials demanded a clear condemnation of Hamas, and Arab attendees issued statements criticizing world leaders.

    The scale of the bombing has left basic systems unable to function, with unidentified bodies were buried in a mass grave in Gaza City because cold storage has run out.

  • Israeli strikes knock out Damascus, Aleppo airports: Syria state media

    While Israeli strikes have repeatedly caused the grounding of flights at the government-controlled airports in the capital Damascus and the...

    The military source said the "simultaneous" strikes came "from the direction of the Mediterranean west of Latakia and from the direction of the occupied Syrian Golan"

    Last weekend, Israeli strikes targeted Aleppo airport, wounding five people, a war monitor reported, also putting it out of service, according to the authorities

  • Russia seeks new Security Council meeting on Gaza war

    It has repeatedly called for talks on ending the conflict, which has risked undermining its growing ties with Iran and...

    Russia convened a meeting on the war on Monday but its ceasefire resolution failed due to opposition

    More than 3,700 Palestinians, mainly civilians, have been killed across the Gaza Strip in relentless Israeli bombardments