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Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.
  • Gaza war exacting ‘heavy price’ on Israel army: Netanyahu

    Israeli prime minister said that in spite of the high toll in Gaza, the country had no choice but to...

    Netanyahu said the war will go on until Hamas is eliminated and "we restore security"

    The army said 14 soldiers had been killed in the Palestinian territory since Friday

  • Saudi Arabia, UAE lead MENA’s smart city development

    In 2023, the region advanced in smart city initiatives, with Saudi Arabia and the UAE leading the transformation, with Frost...

    In 2023, the region advanced in smart city initiatives, with Saudi Arabia and the UAE leading the transformation, with Frost & Sullivan projected $50bn investment by 2025.

    Saudi Arabia, leading with Riyadh, targets 17 cities for smart development, while the UAE's Masdar City, Oman's Sultan Haitham, and Qatar's Lusail City follow suit.

  • FTA issues guide to determine natural persons subject to corporate tax

    ABU DHABI, UAE - The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural...

    The guide provides a comprehensive and simplified explanation and instructions for natural persons earning in the UAE.

    The FTA emphasized the importance of understanding the comprehensive content and definitions outlined in the guide.

  • Sheikh Hamdan approves $41m worth bonus for civilian employees of Dubai govt entities

    DUBAI  UAE -  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince and Chairman of The Executive Council of...

    The bonuses will be granted to eligible civilian employees based on the criteria set by the DGHR.

    The Dubai Government remains committed to acknowledging excellence and holds in high regard those who make significant contributions

  • 136 UN employees killed in Gaza War, says UN chief   

    NEW YORK, US - UN Secretary-General Antonio Guterres said on Sunday that 136 United Nations employees in Gaza Strip had...

    The UN chief said that the Israeli military offensive was creating 'massive obstacles' to the distribution of humanitarian aid inside Gaza.

    The United Nations Security Council had adopted a resolution calling for boosting humanitarian assistance for Gaza Strip.

  • Israeli forces detain 4,695 Palestinians in West Bank since Oct 7

    The Palestinian Prisoners Society (PPS) and the Detainees and Ex-Detainees Affairs Authority say the tally includes the Palestinians detained at...

    The statement said Israeli forces continue to carry out widespread acts of abuse, brutal assaults, on-field interrogations, and threats against detainees and their families.

    Since Oct 7, West Bank Palestinians have witnessed growing settler violence and the displacement of small herding villages on land coveted by Israel.

  • SFD-financed Arkiz Agricultural Project in Mauritania inaugurated

    Dubai, UAE -- The Arkiz Agricultural Project in Mauritania, which has been financed by the Saudi Fund for Development (SFD)...

    The project will improve the efficiency of Mauritania's water, irrigation and drainage facilities, while delivering agricultural equipment and potable water to farmers.

    Since 1979, the fund has contributed toward 20 development projects in Mauritania, at a value of over $665 million.

  • Biden presses Netanyahu on protecting civilians in Gaza

    The conversation came a day after the UN Security Council passed a resolution demanding "safe and unhindered delivery of humanitarian...

    Biden told reporters earlier in the day that he had a "long talk" with Netanyahu

    The two leaders discussed the "objectives and phasing" of Israel's military campaign

  • Turkey targets ‘terrorists’ in Iraq and Syria after 12 soldiers killed

    Ankara has operated several dozen military posts in the area for the past 25 years in its decades-old war against...

    Defense ministry said "29 targets, including caves, bunkers, shelters, oil installations and warehouses, were destroyed" during the operation carried out at 10 pm BN

    Syrian Observatory for Human Rights reported strikes on Saturday evening against two oil sites in northeast Syria, near the Turkish border

  • Number of journalists killed in Israel’s war on Gaza rises to 100

    Dubai, UAE-- At least 100 journalists have been killed since Israel’s war on Gaza began on October 7, according to...

    According to the media office in Gaza, Muhammed Abu Hweidy was the latest to be killed in an Israeli air raid on his home in Gaza on Saturday

    The media office added that the number of journalists killed has risen to 100, men and women, since the start of the brutal war on the Gaza Strip