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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.
  • Algeria party leader criticises UAE’s regional role

    Algiers, Algeria - Abdelkader Bengrina, the leader of Algeria's National Construction Movement and a member of the government coalition, has...

    Bengrina accused the UAE of focusing its regional role on promoting the normalization of ties with Israel and influencing other Arab nations through financial means

    He alleged that the UAE's actions, driven by financial incentives, have led to discord and turmoil in several countries, including Morocco, Niger, Mali, Libya, and Tunisia

  • Saudi Arabia rejects HRW allegations of killing migrants at Yemeni border

    Saudi Arabia has strongly rejected allegations made by Human Rights Watch that its border guards fired on Ethiopian migrants crossing...

    The Kingdom refutes a Human Rights Watch report alleging that its border guards fired on Ethiopians

    The report alleged an escalation of abuses along the route from the Horn of Africa to Saudi Arabia

  • Israeli woman shot dead in West Bank attack: medics

    The incident comes two days after an Israeli father and son were gunned down at a car wash in the...

    The Israeli army, confirming the death of the 40-year-old woman, said the two civilians came under fire when they were driving

    The "shooting attack was carried out from a passing vehicle on Route 60 adjacent to the city of Hebron toward civilians who were driving in the area", said army

  • India keen to finalize Chabahar port development pact with Iran

    Tehran, Iran - Indian prime minister Narendra Modi has expressed his eagerness to expedite the completion of the port at...

    President Raisi underlined the importance of strengthening ties with India, particularly in domains such as transit, energy, and regional security

    He advocated for enhanced cooperation in transportation, including the North-South Corridor, and urged the swift activation of Chabahar Port facilities

  • Arab Parliament endorses call to support victims of terrorism

    Cairo, Egypt-- Arab Parliament on Monday endorsed the call for victims of terrorism in the Arab world to be supported...

    The parliament said the victims of terrorism in the Arab world must be supported with money to overcome their tragedies

    The parliament expressed solidarity to coincide with the International Day of Remembrance and Tribute to the Victims of Terrorism

  • 8 fighters killed in Russian strikes on rebel-held northwest Syria: monitor

    "Russian warplanes carried out air strikes on the western outskirts of Idlib city, targeting a military base belonging to Hayat...

    Media said the strikes, which came shortly after midnight, targeted an area on the outskirts of Idlib city near swimming pools

    The rebel-held Idlib region is home to about three million people, around half of them displaced from other parts of the country

  • Cyprus marine police rescue 86 migrants off the coast

    Cypriot authorities say there has been a rise in the number of migrants arriving by boat this year, with a...

    The Joint Rescue Coordination Centre (JRCC) said the operation was successful, with 61 men, six women and 19 children brought safely to shore

    A marine police patrol boat and two speedboats were involved in the rescue off Cape Greco, near the resort of Ayia Napa

  • Jordan scuttles attempt to smuggle drugs from Syria

    Amman, Jordan--Jordanian security forces have scuttled an attempt to smuggle narcotics from Syrian territories to Jordan. According to the Jordan...

    The kingdom's border guards swooped down on the border to foil a concerted attempt to smuggle captagon pills and hashish into Jordan

    Confiscating the big haul of drugs, the kingdom said it would respond with full force to any threats to its borders, security and stability

  • Turkey’s leader Erdogan in Hungary for NATO, energy talks

    Hungary has still not voted to approve the Nordic country's entry into the North Atlantic Treaty Organization, having aligned itself...

    The two countries have also discussed strengthening their energy cooperation, given that Hungary already receives a large proportion of its gas via the TurkStream pipeline

    Budapest and Ankara will also be deepening their "strategic partnership", an announcement due to be made official during a visit by Erdogan scheduled for December

  • Syria’s economic challenges persist despite Arab League return: MEI

    Damascus, Syria - Syria's reentry into the Arab League in May was anticipated to herald positive changes for the country's...

    The Syrian pound's value has plummeted by over 80% against the dollar since May, currently resting at an all-time low of 15,500 to the dollar

    The instability of the Syrian pound and the lack of investor confidence have raised concerns about the country's economic viability