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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.
  • 14 killed in plane crash in Brazilian Amazon

    News site G1 said the plane was an 18-passenger EMB-110, a twin-engine turboprop manufactured by Brazilian aircraft-maker Embraer. It was...

    Twelve passengers and two crew were killed in the accident, Governor Wilson Lima wrote on X, formerly known as Twitter

    Media said the passengers were Brazilians traveling to the region for sport fishing, citing state security secretary Vinicius Almeida

  • Aid pours into flood-hit Libya as Derna death toll touches 11,300

    According to a United Nations report released on Sunday, the toll from Derna alone has risen to 11,300. Citing the...

    At least 40,000 people have been displaced across northeastern Libya due to flood

    International aid is arriving from all over the world, offering some relief to the survivors

  • IAEA denounces Iran over latest inspector exclusion

    Iran's foreign ministry said that the move to withdraw accreditation from several of the UN's nuclear watchdog inspectors was in...

    Grossi condemned Iran's "disproportionate and unprecedented unilateral measure" which affects verification activities

    He added that Iran has effectively removed about one third of the core group of the IAEA's most experienced inspectors

  • California sues oil giants, alleges environment, climate-risks deception

    The US state of California sued five of the world's largest oil companies, alleging the firms caused billions of dollars...

    The suit follows numerous other cases brought by US cities, counties and states against fossil fuel interests over the impact of climate change.

    The suit seeks the creation of an abatement fund to pay for future damages caused by climate disasters in California.

  • Turkey accuses Brussels of disinterest in its EU membership

    Istanbul, Turkey - President Recep Tayyip Erdogan on Saturday accused the European Union of pulling away from Turkey, whose efforts to...

    "The European Union is trying to distance itself from us," Turkish President Recep Tayyip Erdogan told reporters at Istanbul airport.

    Erdogan has made mending torn ties with Western allies a priority after winning a difficult election in May following years of tensions.

  • 8 dead, 3 injured in Yemen after lightning, floods

    Sanaa, Yemen - Flooding and lightning strikes in Yemen have killed eight civilians, an official and a doctor told AFP on...

    The lightning strikes occurred on Friday in the Al-Layha and Al-Zahra districts of Hodeida governorate on the Red Sea coast.

    Also on Friday, flooding killed one woman and destroyed dozens of homes in the nearby town of Hais, according to an official.

  • Sharjah Social Security Fund offers service period purchase option

    SHARJAH, UAE - The Sharjah Social Security Fund (SSSF) has allowed the possibility of acquiring the service period for insured...

    This move aligns with the fund's strategies aimed at enhancing the well-being of employees and providing them with opportunities to boost their pensions.

    The fund said it is allowed to procure the service period for insured employees after they have completed a minimum of 20 years of actual service.

  • Saudi-China Entrepreneurs Association and HKTDC sign MoU

    Hong Kong - The Saudi Arabia-China Entrepreneurs Association (SCEA) has signed a Memorandum of Understanding (MoU) with the Hong Kong...

    The MoU between SCEA and HKTDC aims to fortify commercial ties, particularly aiding startups and service providers eyeing global expansion.

    The agreement was signed during the eighth Belt and Road Summit, a two-day event themed "Ten Years of Cooperation for Mutual Benefit".

  • Egypt jails opposition activist ahead of next year’s presidential polls

    CAIRO, EGYPT - An Egyptian court has sentenced prominent dissident Hisham Kassem to six months in prison, his lawyer and political...

    Hisham Kassem was also slapped with about $650 fine after being found guilty of defaming a former minister.

    Kassem’s lawyer Nasser Amin wrote on Facebook that the verdict would be appealed in a court hearing on October 7.

  • Israel accounts for 46 percent of global Jewish population

    TEL AVIV, ISRAEL – The total global Jewish population rose to 15.7 million over the last year, while the number...

    Data showed that the global Jewish population grew by some 100,000 over the past year.

    The US has the second-largest Jewish population in the world, after Israel, - at 6.3 million.