Search Site

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.
  • In favor of Iran joining BRICS, says South Africa

    TEHRAN, IRAN – Pretoria fully supports Tehran joining BRICS, South African President Cyril Ramaphosa said at a meeting with Iranian...

    The South African president supported Tehran’s desire to join the group at a meeting with the Iranian foreign minister.

    Pretoria expressed the hope that during the visit of the Iranian President to South Africa, several pacts would be signed between the two countries.

  • Chancellor Scholz urges further talks after Saudi-led Ukraine summit

    Representatives from around 40 countries including China, Germany, India and the United States took part in last weekend's gathering in...

    Similar international talks to discuss a path towards peace also took place in Copenhagen in June. Scholz called the talks in Denmark and Saudi Arabia "very special".

    Scholz said that Germany was now the second-biggest supplier of military assistance to Ukraine after the United States.

  • UAE ranks first globally in employing Indians, Saudi second: Minister

    New Delhi, India -- The UAE ranks first among the countries in the world in the employment of Indians, currently...

    Taken together, five Gulf countries -- UAE, Saudi Arabia, Kuwait, Qatar and Oman, in that order -- are among the top destinations providing employment for Indians.

    The number of Indians in the UAE last year was 3.419 million and more than 134,000 were added in one year, India's Minister of External Affairs told parliament.

  • Saudi Arabia, France vow to promote secure, affordable and sustainable energy

    RIYADH, SAUDI ARABIA – Prince Abdulaziz bin Salman and Agnes Pannier-Runacher, Minister for Energy Transition of the French Republic met...

    Addressing climate change, promoting secure, reliable, affordable, sustainable supplies of energy are shared strategic priorities of Saudi Arabia and France.

    Both countries acknowledge the importance of implementation of the United Nations Framework on Climate Change and the Paris Agreement.

  • Dubai police arrests half of all drug suspects in UAE in Q2 2023

    Dubai, UAE -- The General Department of Anti-Narcotics at Dubai Police apprehended 49.6 percent of the total number of suspects...

    During the same period, a total of 491 kilograms of drugs and 3,333,916 narcotic pills were seized, which included cocaine, heroin, crystal meth.

    The statistics demonstrated Dubai Police's contribution in sharing 50 significant pieces of information with several countries during Q2 2023.

  • WHO’s first global summit on traditional medicine begins Aug 17

    Geneva, Switzerland -- The World Health Organization (WHO) is convening the Traditional Medicine Global Summit on 17-18 Aug 2023​ in...

    Co-hosted by the Government of India, the Summit will explore the role of traditional, complementary, and integrative medicine in addressing pressing health challenges.

    Scientists and other experts will lead technical discussions on research, evidence and learning; policy, data and regulation;

  • Blasts rock pro-Iran missile stocks in Syria: monitor

    Residents of the Damascus region heard the blasts which came from "the warehouses of pro-Iran militias" in a mountainous area...

    Syria's official news agency SANA said that during the night "the sounds of explosions" had been heard on the outskirts of Damascus

    Four Syrian soldiers and two Iran-backed fighters were killed last Monday in pre-dawn Israeli air strikes near Damascus

  • Iraq restores Telegram app after week-long ban over data violations

    Baghdad, Iraq--Iraq has restored access to the popular messaging app, Telegram, on Sunday after a week-long ban. The ban, which...

    According to the ministry of communications, Telegram agreed to disclose the identities of individuals or entities covertly sharing the data of Iraqi citizen

    Prime Minister Mohammad Shiya al-Sudani who ordered the lifting of the ban said that companies operating in Iraq must respect the nation's laws and security protocols

  • Battered by war, Sudanese start small businesses to survive

    Until April 15, when the conflict erupted between the army headed by General Abdel Fattah al-Burhan and Mohamed Hamdan Daglo's...

    Eshraqa Mousa, another woman who fled Khartoum, has opened a small stall to sell tea. Without it, she said, she could "only provide one meal a day" for her children

    "We were forced to find alternatives," said Mohammed Ali, a former civil servant in the capital, he "teamed up with some colleagues to open a small mobile food stall"

  • Morocco MP and journalist sentenced over World Cup scam

    Many fans who had travelled to Doha to support the Atlas Lions last year found themselves deprived of free tickets...

    Mohamed El Hidaoui, a member of parliament and football club owner, was sentenced to 18 months in jail by a Casablanca court, his lawyer Mohamed Ben Malek

    Hidaoui has been in custody since July 26, and was also fined 2,000 dirhams (190 euros), said Ben Malek, who added that he intends to appeal the sentence