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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.
  • Iran says European countries willing to buy our drones

    TEHRAN, IRAN - A number of European countries have asked to purchase Iran’s unmanned aerial vehicles, the spokesperson for the...

    A spokesperson for the Iranian Defense Ministry said Tehran is prepared to export military drones after fulfilling its domestic needs,

    Political and security considerations will be taken into consideration before finalizing such deals, the spokesperson added.

  • Tehran exports goods worth $7.2bn to West Asia in 4 months from March 2023

    TEHRAN, IRAN - Iran exported $7.2 billion worth of products to West Asian countries in the first four months of...

    Comprehensive strategic five-year plans have been defined for the West Asian countries with a focus on trade infrastructure.

    The plans include organizing and development of transportation platforms, banking exchanges, customs and standards.

  • The fight over a ‘dangerous’ ideology shaping AI debate

    Paris, France - Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of...

    Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of human extinction.

    But increasingly vocal critics are warning that the philosophy is dangerous, and the obsession with extinction distracts from real problems associated with AI like data theft.

  • Years of coal plant expansion torment Turkey’s villagers

    Villagers and environmental activists have been locked in clashes with the police in the southwestern Mugla province since their plant...

    An AFP tour of five Turkish coal-fired power plant villages witnessed the high human cost of relying on the outdated, highly polluting energy source.

    Turkey was the last among the G20 economies to ratify the Paris Climate Accords, doing so only after the environment became a top issue in the wake of deadly wildfires.

  • BRICS to coordinate approaches with new members within UN, G20: Lavrov

    The BRICS summit, which held in Johannesburg from Aug 22-24 agreed to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and...

    Lavrov said BRICS leaders deal with real issues while Western politicians and reporters "tend to mostly wag their tongues".

    The expanded BRICS’ positions in the Group of Twenty will strengthen because both Saudi Arabia and Argentina are its members, he said.

  • Iran readies to finalize document on wider cooperation with Oman

    Tehran, Iran -- Iran has expressed its readiness to finalize the provisions of a strategic document on comprehensive cooperation with...

    Iran's foreign minister Amir Abdollahian also appreciated the efforts by the Sultan of Oman and talked about Iran’s stances on the trend of talks aimed at lifting the sanctions.

    Abdollahian appreciated Qatar for its role in the release of Iranian assets blocked in foreign countries.

  • Sheikha Fatima launches national plan for empowerment of Emirati women

    ABU DHABI, UAE – Chairwoman of the General Women's Union (GWU) Sheikha Fatima bint Mubarak launched the National Strategy for...

    This strategy comes in line with Sheikha Fatima’s vision to achieve fair and comprehensive women's participation in all fields.

    The plan provides a general framework and guidance for decision makers in federal, local government institutions, private sector and civil society.

  • Key Johnson ally resigns with scathing attack on British PM

    Former culture minister Nadine Dorries announced her intention to resign 11 weeks ago but had remained as member of parliament...

    In her resignation letter, Dorries accused PM Rishi Sunak of abandoning the fundamental principles of Conservatism and said "history will not judge you kindly"

    Former culture minister Nadine Dorries was unexpectedly not awarded a seat in the upper chamber of parliament, the House of Lords, in Johnson's resignation honors list

  • 3 US Marines dead after aircraft crashes during drills in Australia

    Rescue efforts were complicated by the location of the crash -- the remote and sparsely populated Melville Island about 60...

    Five Marines had been rescued from the crash site and flown to a hospital in Darwin in a "serious condition", the United States officials said

    PM Anthony Albanese described the incident as "tragic" and "regrettable" but stressed that authorities were still trying to piece together what happened

  • Iran-Russia military ties not subject to US dictates: Russia deputy FM

    Tehran, Iran--Iran and Russia are independent countries whose military cooperation is not subject to the dictates of the United States...

    The Russian minister said that Iran and Russia were independent countries and not subject to the dictates of the US and its allies

    He termed the military cooperation with Iran as completely legal and fully consistent with the international obligations of Russia and Iran