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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.
  • One fourth of all investors in state securities have left Russia: Minister

    Moscow, Russia -- One fourth of all investors in state securities have been forced to leave the Russian market due...

    Russia's Finance Minister Anton Siluanov the government will find ways to replace the investors to create funds required for development of the economy.

    Moscow's incursion into Ukraine has made Russia the most sanctioned country in the world. Western nations have regularly increased the sanctions.

  • India first nation to land spacecraft near Moon’s south pole

    The landing of the unmanned Chandrayaan-3, which means "Mooncraft" in Sanskrit, comes days after a Russian probe crashed in the...

    The Chandrayaan-3 mission has captivated public attention since launching nearly six weeks ago in front of thousands of cheering spectators.

    Chandrayaan-3 took much longer to reach the Moon than the Apollo missions in the 1960s and 1970s, which arrived in a matter of days.

  • Wildfire briefly halts marine traffic on Turkish strait

    The fire forced the evacuation of a local university and closure of a highway running through the blaze. The Turkish...

    The emergency response service said it had evacuated seven villages and was preparing to help people leave three more on Turkey's northwestern coast

    The good news is that the winds seem to blowing away from the city centre of Canakkale, Agriculture and Forestry Minister Ibrahim Yumakli said

  • Iran ready to boost military ties with Russia: General Heidari

    Tehran, Iran-- Iran will boost military cooperation with Russia as the two countries look to strengthen strategic partnership. According to...

    The Iranian army commander made the remark during a meeting with the Commander-in-Chief of the Russian Army, General Oleg Salyukov, in Moscow

    The two generals pledged to continue promoting mutual ties between the ground forces of the two countries in various fields in the coming months

  • Divided border village at heart of Israel-Lebanon tensions

    The latest tit-for-tat exchange saw Israeli Defence Minister Yoav Gallant and the chief of Lebanon's powerful Hezbollah movement, Hassan Nasrallah,...

    According to municipal figures, the village is home to around 3,000 people, who took Israeli citizenship after Israel seized the Golan Heights from Syria

    Lebanese authorities consider the expansion of Ghajar, with its pastel-coloured homes spreading to the north in recent decades, as an infringement on their land

  • Two civilians dead in Russian strikes in northwest Syria: rescuers

    The Syrian Observatory for Human Rights, a monitoring group, said the strikes near Ain Shib had targeted "military bases belonging...

    Two strikes ONTuesday near Ain Shib hit the facility where displaced Syrians had been living

    Earlier Tuesday, Russian air strikes targeting a rebel base north of Idlib city killed three members of HTS

  • Peace between Saudi Arabia and Israel not imminent: White House advisor

    Washington, United States - The US National Security Advisor Jake Sullivan on Tuesday said that the prospect of a peace...

    Asked if a deal would be announced soon, Sullivan said "There are still ways to travel... but peace between Israel and Saudi Arabia will be a big deal."

    The White House's efforts to foster a reconciliation between Saudi Arabia and Israel stem from its belief that such an outcome would be in US national security interests

  • Iraq and Turkey foreign ministers hold talks on water supply, oil

    The foreign minister's visit is also intended to pave way for Turkish President's trip to Baghdad for which a date...

    The level of water in the Tigris and Euphrates rivers has seen an alarming reduction in the last few years

    The two ministers also talked of the imminent resumption of oil exports from Iraqi Kurdistan to Turkey

  • Dubai Customs foils two attempts to smuggle 171,600 pills

    DUBAI, UAE - The Customs Intelligence Management within Dubai Customs has successfully thwarted two separate attempts to smuggle controlled drugs...

    In the first operation, a shipment consisting of three parcels concealed 96,600 pills of the controlled medication Cipralex, weighing 57 kg.

    The second operation revealed 75,000 capsules of the prohibited drug Pregabalin, weighing 64 kg and distributed across three parcels.

  • UAE, KSA optimistic as BRICS leaders weigh expansion

    South Africa has revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations,...

    South Africa revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations, notably UAE and Saudi Arabia

    Analysts suggest that BRICS' potential expansion could strain relations with major powers, highlight the bloc's diverse appeal, but also raise concerns about diluted influence