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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.
  • At least 11 Syrian soldiers die in a rebel attack in Idlib

    The rebels "detonated tunnels they had dug beneath army positions and simultaneously launched an assault from other tunnels", said Rami...

    The attack involving jihadists from the Ansar al-Tawhid group and the Turkestan Islamic Party (TIP) took place in Idlib

    Two children were killed and five other civilians wounded when their home was hit in the village of Kansafra

  • Climate change to be discussed in Dubai COP28 meet, says Egypt minister

    Cairo, Egypt - Egyptian Minister of International Cooperation Dr. Rania Al Mashat, said the 28th Conference of the Parties to...

    noted that international reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change risks

    Al Mashat added that COP28 will see presentations on the most important results and joint action taken over a year within the National Platform for Green Projects

  • 10 killed as minibus plunges into ravine in Iran

    TEHRAN, IRAN - A minibus carrying mountaineers in Iran plunged into a ravine, killing 10 people, state media reported on Saturday....

    If the seat belts had been buckled, the number of victims would have been lower, an Iranian official said.

    The minibus was heading towards a tourist village in the mountainous region when it overturned, the official added.

  • Iran court asks US to pay $330m fine for planning a coup against Tehran

    A court in Tehran has ordered the US government to pay $330 million in damages for "planning a coup" against...

    Several people were killed in clashes between the coup plotters and government forces, and scores of others were arrested.

    State news agency IRNA said the "insurgents" were led by a former Iranian air force commander, and had their headquarters in Nojeh.

  • Joint Jordanian-Yemeni Business Council to resume activities, says JCC

    AMMAN, JORDAN - President of the Jordan Chamber of Commerce (JCC) Khalil Al-Haj Tawfiq on Saturday discussed with Director General...

    The Jordan Chamber of Commerce stressed on the importance of attracting new Yemeni investments to the Hashemite Kingdom.

    The JCC said the Kingdom offers several opportunities in multiple commercial, service and industrial sectors for investors.

  • NASA and SpaceX Dragon spacecraft blasts off to ISS

    Florida, US--NASA and SpaceX's Dragon spacecraft blasted off on Saturday carrying four astronauts to the International Space Station. The Crew-7...

    Carried by a Falcon 9 rocket, the Dragon spacecraft lifted off at 3:27 am (0727 GMT) from Launch Complex 39A at NASA's Kennedy Space Center in Florida

    The multinational crew will spend six months aboard the ISS, where they will carry out science experiments including collecting samples during a spacewalk

  • BRICS expansion points to a shift in global dynamics

    The Middle East, with its vast resources and strategic position, can play a crucial role in BRICS' vision of a...

    The inclusion of major Middle Eastern countries, six out of the ten biggest global oil suppliers, will now be part of the BRICS

    This gives the alliance significant leverage in the global energy market, potentially influencing global oil prices and energy policies

  • Saudi Arabia has diplomatic, external, and military options against Iran threat: MEI

    Riyadh, Saudi Arabia  - Saudi Arabia has to not only enhance its defensive capabilities but also establish effective deterrence measures...

    Diplomacy, despite its imperfections stemming from differing threat perceptions and goals between Saudi Arabia and Iran, is deemed the most viable option at present

    The option of external protection involves securing official security guarantees from a foreign ally to deter potential Iranian aggression

  • No alternative to first Ukraine-Russia grain deal: Turkey FM

    The foreign minister said that his country does not see any alternative to the original initiative because in his words...

    Turkey, which has maintained a neutral stance in the war, helped mediate the UN-backed agreement

    Exports of grain from Russia have been hit by sanctions imposed after the invasion of Ukraine

  • UAE-Hungary Political Consultations Committee discusses boosting cooperation

    Budapest, Hungary--Senior officials from the UAE and Hungary met in Budapest on 22nd August for the inaugural round of the...

    Officials from the two countries reviewed the expanding relations and discussed ways to boost opportunities in order to ramp up economic and trade ties

    The UAE ambassador had a series of meetings with senior officials, intellectuals, and cultural figures intended to deepen relations between the two countries