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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • Air Arabia launches non-stop flights between UAE’s Sharjah, Egypt’s Giza

    SHARJAH/ ABU DHABI, UAE -  Air Arabia announced the launch of a new route operating between Sharjah and Giza city...

    The non-stop flights will connect Sharjah International Airport with Giza and will have a frequency of five weekly flights.

    British Airways announced that it will launch daily flights from London to Abu Dhabi next year.

  • Egypt ‘clearing path for Gaza aid’: security source, witnesses

    The UN has described the situation inside Gaza as "beyond catastrophic" as Israel pounds the enclave from the air in...

    Israel has refused to open its borders with Gaza but US President Joe Biden brokered a deal to allow aid in via the Rafah crossing with Egypt

    The deal came with strict conditions from Israel, aid must only go to civilians and not fall into the hands of Hamas fighters

  • Saudi leader tells British PM attacks on Gaza ‘heinous’

    Mohammed bin Salman, the Gulf kingdom's de facto ruler, made his comments during a meeting with British Prime Minister Rishi...

    Sunak and Prince Mohammed "agreed that the loss of innocent lives in Israel and Gaza over the last two weeks has been horrific," according to a readout from Sunak's office

    Since the war broke out, Saudi Arabia has issued a series of statements denouncing the displacement of Palestinians from their homes and attacks on "defenseless civilians"

  • ‘Palestinians never die, they always come back’: Bassem Youssef in viral interview 

    Dubai, UAE - Egyptian comedian and TV host Bassem Youssef's recent interview with British TV host Piers Morgan has garnered...

    When asked about his views on the deadly Hamas attacks on Israel, Youssef expressed concern for the plight of Palestinians in Gaza

    He also made a sarcastic remark, saying, "It's very repetitive. We are used to that... It's just like those Palestinians are very dramatic

  • EU president says Egypt needs support to handle fleeing Gazans

    "Egypt needs support, so let's support Egypt," said Michel, who is in Washington to attend a summit with US President...

    Michel will attend at al-Sisi's invitation a "conference on the current developments in the Middle East, Palestine and the Peace Process," said his spokesperson

    Long-awaited humanitarian aid for Palestinians stranded in the Gaza Strip is set to start flowing on Friday, Egyptian media reported on Thursday

  • Biden urges US to lead world against Hamas, Putin threats

    Biden also called for an end to a surge in both anti-Semitism and anti-Muslim prejudice in the United States, especially...

    Biden, 80, said he would make an "urgent" request to Congress on Friday for funding to help Ukraine and Israel

    He argued that this was an investment for the United States' future on the world stage for decades to come

  • US troops attacked in Middle East amid fears of widening war

    Washington, United States - US military forces in the Middle East have faced multiple threats from drone attacks in Middle...

    Over the span of three days, US troops in Iraq and Syria were targeted by attack drones, resulting in minor injuries to coalition personnel

    These incidents have raised concerns about renewed hostilities against U.S. personnel in the region, as anger grows over Israel's airstrikes

  • Nine Palestinians killed in West Bank, says health ministry

    RAMALLAH, PALESTINIAN TERRITORIES - Israeli troops killed nine Palestinians in multiple clashes across the occupied West Bank on Thursday, the Palestinian health...

    The Israeli military said it carried out an air strike which killed "a number of terrorists" in Nur Shams.

    The Palestinian health ministry said it had been informed of "other martyrs who could not be transferred by ambulance to the hospital".

  • Medics recount shocking toll of child deaths in Gaza war

    Rafah, Palestinian Territories -- Eight sleeping children killed in one strike, doctors fighting but failing to save an unborn child --...

    Doctors say they are fighting a losing battle against a lack of medicines, water and fuel to keep hospitals running.

    Eight children aged between two and five were among 10 people from the same family killed in an air strike on a house in the city of Khan Yunis, in southern Gaza.

  • Hate speech and incitement in Hebrew against Palestinians on rise: 7amleh

    HAIFA, ISRAEL –  Hate speech and incitement in Hebrew targeting Palestinians on social media is on the rise, said 7amleh-...

    7amleh said 63 percent of the documented instances of hate speech and incitement were based on political affiliations.

    7amleh documented an additional 701 violations that targeted Palestinian users and supporters in the since October 7- 18,