Search Site

‘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.
  • Airspace open for aid flights to quake-hit Morocco, says Algeria

    ALGIERS, ALGERIA - Algeria will allow aircraft carrying humanitarian aid to quake-hit Morocco to pass through its airspace, the president's office...

    Algerian authorities "have decided to open the airspace to flights transporting humanitarian aid and injured" from the quake.

    Algeria closed its airspace to all Moroccan aircraft in September, 2021 after having cut diplomatic ties with its longtime foe.

  • Six arrested in Iran over planned rioting on Amini death anniversary

    Tehran, Iran - Authorities in Iran's southwest have arrested six people accused of "organizing riots" on the first anniversary of Mahsa...

    Amini, an Iranian Kurd, died on September 16, 2022, after her arrest in Tehran for alleged breach of the Islamic republic's strict dress rules for women

    Islamic Revolutionary Guard Corps in Kohgiluyeh and Boyerahmad province suspended five social media pages and arrested the six individuals behind them

  • Countries must cooperate to battle sandstorm threat, say UN, Iran

    Countries in the Middle East, Africa and Asia must work together to combat sand and dust storms made increasingly severe...

    According to meteorologists, sand and dust storms are expected to increase in countries most vulnerable to climate change.

    Iran, co-organizer of the two-day gathering, is one country where such storms are increasingly numerous.

  • G20 treads lightly on Ukraine war, climate issues

    The African Union joined the G20, boosting Africa's voice, while a new initiative aims to connect Europe, the Middle East,...

    The African Union joined the G20, boosting Africa's voice, while a new initiative aims to connect Europe, the Middle East, and India through infrastructure

    G20 nations lacked a unified pledge to end fossil fuels but committed to tripling renewable energy sources by 2030, emphasizing sustainable alternatives

  • G20 adopts Leader’s Summit declaration, says Indian PM Modi

    NEW DELHI, INDIA- Indian prime minister and G20 host Narendra Modi said on Saturday the body had reached consensus on...

    "Because of our team's hard work, and with your support, there is a consensus on the New Delhi G20 Leaders' Summit declaration," the Indian Prime Minister said.

    Finding consensus among members has been increasingly difficult in recent years, with key G20 members deeply divided over Russia's war in Ukraine.

  • UAE President, Indian Prime Minister discuss strengthening bilateral, trade ties

    NEW DELHI, INDIA - UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met to...

    The meeting was held on the sidelines of the 18th Group of 20 (G20) Heads of State and Government Summit in New Delhi.

    The two sides also exchanged views on various regional and international developments of mutual interest.

  • Jordan-ASEAN Economic Forum to be held in March 2024, says ACC

    AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...

    ACC will host the forum, in cooperation with Malaysia, Indonesia, the Philippines, Thailand and Sultanate of Brunei.

    Trade exchanges between Jordan and ASEAN grew by 42 percent during 2022, compared to 2021, ACC's statistical data said.

  • Putin calls for closer ties with North Korea ‘on all fronts’: Kremlin 

    Moscow, Russia-- Russian President Vladimir Putin congratulated North Korean leader Kim Jong Un on Saturday on the 75 anniversary of the...

    In a message to Kim, Putin said through joint efforts "we will continue to strengthen bilateral ties on all fronts"

    He affirmed that relations between the two countries were based on the principles of friendship and mutual respect

  • African Union formally joins G20 at Delhi summit

    New Delhi, India - The African Union joined the Group of 20 leading economies at its summit on Saturday, enhancing...

    The expansion of the bloc is a notable diplomatic victory for Modi, who faces national elections next year

    Modi has used hosting rights for this year's forum to burnish his image as an international statesman

  • Saudi Crown Prince arrives in India for G20 summit

    His visit comes at a time when Washington is actively engaging with the kingdom, encouraging it to normalize ties with...

    The head of the Arab world's largest economy was greeted on the tarmac in New Delhi by a troupe of women dancing to folk music

    He is expected to sign an infrastructure agreement with the United States and other G20 members to explore the building of a rail and shipping network