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ADNOC L&S to pay $136.5m dividend

This is equivalent to 6.78 fils per share, the company said.

‘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.
  • Bahrain and US review partnership in political, economic and security fields

    Manama, Bahrain--Bahrain and the United States have reviewed joint cooperation, partnership and strategic dialogue in the political, economic and security...

    Both officials lay stress on continuing efforts to prevent the proliferation of weapons of mass destruction and ensure cyber security

    The Bahraini official underscored the importance of exchaning expertise on the use of modern technologies and AI in space affairs

  • Iran vows to respond if Iraq fails to disarm Kurdish rebels

    Tehran, Iran - Iran on Monday warned Iraq that it would take action if Baghdad does not honor its commitment by...

    The Iraqi government has pledged to disarm armed terrorist groups in Iraq by September 19," Iran's foreign ministry spokesman said.

    He said that Baghdad had agreed to evacuate the groups from their bases and "transfer them to camps provided by the Iraqi government".

  • NEOM to set up education, research and innovation center

    TABUK, SAUDI ARABIA – NEOM has announced plans to establish a world-class education, research and innovation (ERI) center, following last...

    NEOM’s ERI center will enable access to a world-class education, research and innovation ecosystem at any stage of the life of a learner.

    The curricula deployed across NEOM’s ERI pillars will prepare a digitally fluent workforce, equipping students with real-life skill sets.

  • French President says change in existing world order would weaken West, Europe

    PARIS, FRANCE - Attempts to change the existing world order threaten to weaken the West and especially Europe, French President...

    Emmanuel Macron said the role of the UN Security Council, International Monetary Fund and World Bank are constantly being challenged.

    Emmanuel Macron said the role of the UN Security Council, International Monetary Fund and World Bank are constantly being challenged.

  • Political News Iran Saudi Arabia

    Saudi Arabia and Iran invited to Moscow-led defense bloc’s military drills

    Moscow, Russia -- Collective Security Treaty Organization (CSTO) member states have invited observers from Saudi Arabia, Iran, China and Mongolia...

    China and Mongolia are the other two countries invited to monitor the Combat Brotherhood-2023 drills in Belarus, CSTO Joint Staff Chief Colonel General Anatoly Sidorov said.

    Combat Brotherhood, a joint operational and strategic exercise, will be held in Belarus on September 1-6.

  • Turkey’s Erdogan to visit Russia for talks with Putin

    Turkish President Recep Tayyip Erdogan is to visit Russia "soon" for talks with Vladimir Putin on reviving a deal to...

    Kremlin spokesman Dmitry Peskov told reporters that a meeting was being prepared "intensively", without giving a time or place for the talks.

    Erdogan has used his good relations with Russia and Ukraine to try to bring the two sides into formal peace talks.

  • Israel strikes force closure of Syria airport: state media

    Israel has launched hundreds of air strikes in the last 12 years of civil war in Syria, primarily targeting Iran-backed...

    Syrian transport ministry official said the damage centred on the only functioning runway

    The Syrian Observatory for Human Rights said the strikes also targeted an adjacent military airport

  • Members of US Congress make rare visit to Syria’s rebel area

    The Republican delegation comprising French Hill, Ben Cline and Scott Fitzgerald entered Syria from Turkey through the Bab al-Salama border...

    The Congress members met with Raed Saleh, the director of the White Helmets rescue group

    The meeting stressed "the importance of continuing cross-border aid in light of the growing humanitarian needs"

  • Libyan FM ‘suspended’ over talks with Israeli counterpart

    Prime Minister Abdulhamid Dbeibah said that Najla al-Mangoush, the foreign minister, has been temporarily suspended and will be subject to...

    Although the Libyan foreign ministry called the meeting a chance encounter, news of it led to street protests in many Libyan cities

    Israel has managed to normalize relations with several Arab countries in recent years as part of US-backed deal

  • Egypt, Ethiopia restart talks over dam construction

    Cairo, Egypt - Egypt announced on Sunday that negotiations had resumed over Ethiopia's controversial mega-dam, after agreeing last month to reach...

    The massive $4.2-billion Grand Ethiopian Renaissance Dam (GERD) has been at the center of a regional dispute ever since Ethiopia broke ground on the project in 2011

    For years at loggerheads over the issue, Egyptian President al-Sisi and Ethiopian Prime Minister Abiy Ahmed had agreed in July to finalize a deal within four months