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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.
  • UAE, New Zealand discuss economic cooperation, free trade pact

    DUBAI, UAE – Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade discussed deeper economic collaboration,...

    The UAE and New Zealand already share a productive trade relationship, with non-oil trade reaching US$805 million in 2022.

    UAE is New Zealand's leading trading partner in the Arab World, accounting for 2.5 percent of Wellington’s total foreign trade.

  • Iraq jails Iranian, 4 Iraqis for life for killing US citizen

    No Iraqi officials or security sources have been able to tell AFP why the killing of Stephen Troell took place...

    Stephen Troell, who had been living in Baghdad with his family, was shot dead in unclear circumstances on November 7, officials said

    The five men had "confessed" to the murder and said that their intention had been to kidnap Troell for ransom, not to kill him, the source said

  • Hong Kong’s Belt and Road summit expands focus to Middle East

    Dubai, UAE - The annual Belt and Road Summit being held on September 13 and 14 in Hong Kong will...

    The Belt and Road Initiative, China's ambitious plan to boost international trade and connectivity, encompasses both the Middle East and Southeast Asia

    Hong Kong aims to leverage its strategic location and expertise to facilitate economic collaboration between these regions

  • Sudan refugees stranded without healthcare in Chad

    The new arrivals in Adre may now be safe from the gunfire, but they soon learn they are still in...

    The risk of disease soars in the absence of clean water, for which people "begin lining up ... at 2:00 am" amid shortages in some camps, MSF reported

    In Sudan, even before the current conflict began in April, 78,000 children under five died every year "from preventable causes, such as malaria", UN says

  • UN renews Lebanon peacekeeping mission after dispute

    UN Secretary-General Antonio Guterres has criticized UNIFIL's inability to fully access certain areas, including sites belonging to a Lebanese environmental...

    The vote, which was originally scheduled for Wednesday but postponed for further negotiations, came only a few hours before the mission's authorization was set to expire

    The United Nations Interim Force in Lebanon (UNIFIL), in place since 1978, is tasked with creating a buffer between Israel and Lebanon, which are technically at war

  • Turkey asks Russia to renew grain deal for global food security

    Moscow, Russia - Turkey's foreign minister said on a visit to Moscow on Thursday that reviving a deal to ship Ukrainian...

    "We underlined its critical role for global food security and stability in the Black Sea," Turkish Foreign Minister Hakan Fidan said

    Fidan was in Moscow to prepare an informal summit between Turkish President Recep Tayyip Erdogan and Vladimir Putin in Russia

  • Constructive Saudi pledges made for Lebanon assistance: Iran FM

    Tehran, Iran -- Iranian Foreign Minister Hossein Amirabdollahian said Thursday that discussions with Saudi authorities have resulted in constructive statements...

    Iran wants nothing but good, stability, peace, and development for Lebanon, Hossein Amirabdollahian told reporters in Beirut.

    "We expect all regional and international countries to contribute to improving Lebanon's economic situation," he said.

  • Iraqi security forces seize 15 tons of illegal drugs and precursor chemicals

    War-scarred Iraq, originally mainly a drug transit country, has faced an explosion in narcotics use in recent years, mainly of...

    They said the chemical components confiscated in Baghdad are used to manufacture crystal meth and captagon.

    The drug squad made the seizure in an upscale neighborhood of the capital, the interior ministry said in a statement.

  • Qatar Credit Bureau, Supreme Judicial Council to share data

    DOHA, QATAR - Qatar Credit Bureau signed a memorandum of understanding (MoU) with the Supreme Judicial Council (SJC) pertaining to...

    The primary objective of this cooperation is to regularize the electronic connection between the bureau and SJC.

    SJC will supply the bureau with the outcomes of the rulings related to its work in quest of achieving data accuracy.

  • Chinese diplomat, Arab Parliament speaker discuss Middle East

    BEIJING, CHINA – The director of China’s Office of the Central Commission for Foreign Affairs met with the speaker of...

    China said the future of the Middle East should be in the hands of regional countries and people.

    The diplomat said China supports an early, fair and reasonable settlement of the Palestinian issue.