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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.
  • Dozen injured after skirmish between Israeli police, Eritrean protestors

    TEL AVIV, ISRAEL- A dozen Eritrean asylum seekers were wounded by Israeli police gunfire here on Saturday after a demonstration against...

    Clashes began outside a south Tel Aviv venue that was set to host a pro-regime event organized by the Eritrean embassy in Israel.

    Protestors "hurled rocks and wooden planks" at officers, who used riot dispersal means and mounted forces to clear the Eritreans.

  • Nobel Foundation withdraws invitation to Russia, Belarus envoys

    Ukrainian foreign ministry spokesman Oleg Nikolenko wrote on Facebook that the foundation should support efforts to isolate Russia and Belarus...

    In 2022, the Nobel Foundation decided not to invite the Russian and Belarusian ambassadors to the Stockholm award event because of Ukraine war.

    The Swedish foundation however said Thursday it was returning to its previous practice of inviting ambassadors from all countries represented in Sweden.

  • UAE evacuates 34 Emiratis from Florida ahead of approaching Hurricane Idalia

    ABU DHABI -- The United Arab Emirates Embassy in Washington, in coordination with representatives of the UAE's officials mission in...

    Evacuation is being coordinated by the UAE Embassy in Washington with UAE's official mission in the US

    The UAE Embassy advises Emiratis to heed local authority instructions and avoid hurricane-affected areas

  • Iraq-Iran rail link to facilitate travel, tourism and medical treatments

    Iraq's prime minister inaugurated construction work on what is slated to become the first railway line connecting the country to...

    The project had been under discussion for years before an agreement was reached in 2021.

    The Iraqi PM thanked Iran for planned demining operations at the border to clear the way for the train line.

  • Iraqi Trade Center to be launched at ACC’s headquarters in Jordan

    AMMAN, JORDAN - Amman Chamber of Commerce (ACC) and the Iraqi Embassy here agreed to open Iraqi Trade Center at...

    The center's inauguration will allow Jordanian and foreign businesspeople to view investment opportunities offered by the Iraqi government.

    The center will provide Jordanian companies with the opportunity to learn about Iraqi industries and agricultural products.

  • Iran pilgrims among 18 dead in Iraq road accident

    Baghdad, Iraq--A road accident killed 18 people, mostly Iranian pilgrims, north of the Iraqi capital Baghdad overnight, the state news...

    According to state media, the accident between Dujail and Samarra also injured 13 people, citing the toll from director of health services in Salaheddine province

    Every year millions of Shiite pilgrims, many of them from Iran, visit the holy shrine city of Karbala for Arbaeen, one of the world's biggest religious gatherings

  • Iran FM rejects Macron remarks over Lebanon ‘interference’

    Taking a dig at President Emmanuel Macron, Iran's Foreign Minister Hossein Amir-Abdollahian said that Macron should focus on "situation inside...

    For more than a year, Lebanon has been governed by a caretaker cabinet and without a president since late October

    On a visit to Beirut, Iran's foreign minister called on Lebanon to overcome its political deadlock and elect a president

  • Grain deal in focus as Putin, Erdogan all set to meet

    MOSCOW, RUSSIA - Russian President Vladimir Putin will host his Turkish counterpart Recep Tayyip Erdogan on Monday, the Kremlin said, amid...

    Russia pulled out from the UN-backed grain agreement that Turkey helped broker in July, effectively revoking safe navigation for civilian ships sailing through the Black Sea.

    Turkey's foreign minister Hakan Fidan said on a visit to Moscow on Thursday that reviving the deal to ship Ukrainian grain across the Black Sea was "critical" for food security.

  • Iran’s non-oil export to ECO countries from Mar 21 to July 22 2023 reaches $3.6bn

    TEHRAN, IRAN  â€“ Iran’s export of non-oil products to the Economic Cooperation Organization (ECO) member states in the first four...

    In the four-month period, Iran exported 8.161 million tons of non-oil commodities to ECO member states.

    In the same period, Iran imported 1.394 million tons of goods, valued at $2.445 billion, from the ECO states.

  • Gulf Federation for Electronic Sports formed, will develop regional talent

    Riyadh, Saudi Arabia - The Gulf Federation for Electronic Sports was established Thursday on the sidelines of the Next World...

    A total of 14 MoUs and agreements were signed at the Next World Forum, an event in Riyadh that brings together leaders and experts of the gaming and e-sports.

    The agreements included aspects related to federations, sponsorships, proposed values, and education.