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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.
  • ENEC inks MoU with OSGE

    Aim is to help in decarbonization of the Polish power sector.

    One of the aims of the agreement is exploring opportunities to invest in Small Modular Reactors.

    Nuclear energy is recognised by both the UAE and Poland as an essential clean energy resource.

  • Saudi EXIM, India EXIM ink MoU

    Pact was signed on the sidelines of G20 Summit in New Delhi.

    The primary objective of this agreement is to facilitate the export of products and services between Saudi Arabia and India.

    The key areas of cooperation encompass exporting products and services, the exchange of information and expertise.

  • Second pilot of helicopter that crashed off UAE coast found dead

    Dubai, United Arab Emirates - The second pilot of a helicopter that crashed off the coast of the United Arab Emirates...

    "Search teams have found the body of the second pilot of the AeroGulf helicopter that crashed off the coast of Umm Al Qaiwain," reports said.

    The pilots -- an Egyptian and a South African -- had been on a training flight for AeroGulf, the UAE's leading commercial helicopter operator.

  • Five-member Israeli delegation makes first open visit to Saudi Arabia

    An Israeli delegation attended a UNESCO meeting in Riyadh, marking the country's first publicly announced visit to Saudi Arabia as...

    The team travelled through Dubai, the official said, as there are no direct flights between Israel and Saudi Arabia.

    They received their visas via UNESCO, the United Nations' educational, scientific and cultural organization.

  • Iran-US non-oil trade reaches US$31m in January-July 2023

    TEHRAN, IRAN - The US Bureau of Statistics in its latest report said the trade between Iran and the United...

    Trade between Iran and the US in January- July 2023 registered a 26 percent growth compared to the same period last year.

    Iran and the United States had traded US$24.7 million worth of non-oil products from January to July 2022.

  • UN rights chief urges international probe into Beirut port blast

    "Climate change is pushing millions of people into famine. It is destroying hopes, opportunities, homes and lives. In recent months,...

    Turk was speaking after the G20 at the weekend failed to commit to a phase-out of fossil fuels, something he said was desperately needed.

    He decried decrying a total lack of accountability for the 2020 Beirut blast that killed more than 220 people, urging "an international fact-finding mission" into it.

  • Brazil’s president walks back comments on Putin’s safety at Rio G20

    New Delhi, India--Brazil's leader withdrew on Monday his personal assurance that Russia President Vladimir Putin would not be arrested if...

    The president told an Indian media outlet that if he is the president then there was no way Putin will be arrested in Brazil

    The ICC in March said it had issued an arrest warrant for Putin over the war crime accusation of deporting Ukrainian children

  • Saudi Arabia, India boost alliance with multiple MoUs

    India and Saudi Arabia held their first Strategic Partnership Council meeting, emphasizing the strengthening of defense and security partnerships between...

    India and Saudi Arabia held their first Strategic Partnership Council meeting, emphasizing the strengthening of defense and security partnerships

    Talks between the two countries are expected to provide new direction to India-Saudi relationship on a broader regional and global scale.

  • The relationship between us is in our DNA: Saudi Crown Prince to Indian PM Modi

    The state visit of the Crown Prince follows a historic agreement to launch a massive maritime and rail connectivity corridor...

    After his meeting with Prime Minister Modi, the Crown Prince is slated to meet President Droupadi Murmu at the Rashtrapati Bhawan at around 6:30 pm

    The visit comes on the heels of a historic agreement announced on Saturday to launch a mega India-Middle East-Europe shipping and railway connectivity corridor

  • Air raid kills 46 in one of Sudan war’s worst attacks: activists

    The number of victims in Sunday's "Qouro market massacre" had risen to 46 by evening, said the local resistance committee,...

    The bombing in south of Sudan's capital came about a week after another air strike killed 20 civilians

    The Bashair hospital issued an "urgent appeal" for all medical professionals to come and help treat the injured