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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.
  • Money laundering: UAE seizes $1bn, arrests 387 people in 2 years

    Abu Dhabi, UAE -- More than AED 4 billion ($1.08 billion) were confiscated during the past two years by UAE's...

    Between Nov 2022 to Feb 2023, intelligence was shared in a total of 1,628 instances with international collaborators.

    These collaborations encompass various communication channels, including INTERPOL, Europol, the Gulf Police Authority, AMON International Network.

  • International Military Forum Army-2023 opens in Moscow

    MOSCOW, RUSSIA - The international military-technical forum Army-2023 opens at the Patriot Congress and Exhibition Center here. About 1,500 prominent...

    About 1,500 prominent Russian companies of the military-industrial complex will present their products.

    85 foreign companies and organizations from seven countries will also participate in the forum.

  • US special Yemen envoy Lenderking’s Gulf tour to push for longer truce

    "The United States is committed to supporting a resolution to the Yemen conflict as soon as possible. We are working...

    Tim Lenderking will meet with Yemeni, Saudi, Emirati, Omani and international partners to discuss the necessary steps to secure a durable ceasefire.

    He will also congratulate Yemeni, UN, and international partners on the successful operation to offload over 1.1 million barrels of oil from the FSO Safer supertanker.

  • Anwaar-ul-Haq Kakar sworn in Pakistan caretaker Prime Minister

    Kakar's first task will be to choose a cabinet to run the country as it heads into an election period...

    But data from the latest census was finally published earlier this month, and the outgoing government said the election commission needed time to redraw constituency boundaries.

    Pakistan has been in political turmoil since Khan was dismissed as premier by a no-confidence vote in April 2022, culminating in him being jailed for three years.

  • Niger regime vows to prosecute deposed president for ‘high treason’

    The regime said it had gathered evidence that it would use "to prosecute the deposed president and his local and...

    Bazoum has been held in his presidential residence along with his son and wife since the day of the coup

    Military leaders said they had not taken over Bazoum's residence and that he was still free to communicate with the outside world

  • Niger regime vows to prosecute deposed president for ‘high treason’

    The regime said it had gathered evidence that it would use "to prosecute the deposed president and his local and...

    Bazoum has been held in his presidential residence along with his son and wife since the day of the coup

    Military leaders said they had not taken over Bazoum's residence and that he was still free to communicate with the outside world

  • Attack on Iran Shiite shrine leaves one dead: state media

    Fars province governor Mohamed Hadi Imanieh told state TV the attack occurred around 7:00 pm (1530 GMT). Iranian President Ebrahim...

    The attack comes less than a year after a similar one on the same holy site, the Shah Cheragh mausoleum in the Fars province capital Shiraz

    The death toll of one was confirmed by the Fars commander of the Islamic Revolutionary Guards Corps, Yadollah Bouali, speaking on state TV

  • UAE didn’t supply arms, ammunition to warring parties in Sudan: official

    The UAE, a senior official in foreign ministry said, has consistently supported the political process and efforts to achieve national...

    Afra Al Hameli, a senior UAE official said, that the country supports a peaceful resolution to the ongoing turmoil in Sudan while also respecting its sovereignty

    She added that that since the beginning of the conflict, the UAE has called for de-escalation, a ceasefire and the initiation of diplomatic dialogue

  • Syria claims US responsible for military escalation in country

    BEIRUT, LEBANON – The US is responsible for the military escalation in eastern Syria, where terrorist groups such as the...

    Syria pledged to continue its operations against terrorists until the threat is fully eliminated.

    At least 33 Syrian servicemen were killed on August 10 when a bus they were travelling in was ambushed near Al Mayadin city.

  • Naval forces in Gulf warn ships against nearing Iranian waters

    "Vessels are being advised to transit as far away from Iranian territorial waters as possible" to minimize the risk of...

    The alliance, established in 2019, is made up of 11 countries, including the United States, Great Britain, Saudi Arabia and the United Arab Emirates.

    Its mission, according to its website, is to "provide reassurance to merchant shipping in the Middle East region".