Search Site

Trends banner

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.
  • Saudi Arabia, amid Israel talks, sends envoy to West Bank

    The delegation was led by the Saudi non-resident ambassador to the Palestinian territories, Nayef al-Sudairi, who was to meet Palestinian...

    The delegation from Saudi Arabia, which crossed overland from Jordan, was the first from Saudi Arabia to visit the West Bank since the 1993 Oslo Accords

    The Saudi visit comes as Washington has been leading talks between Israel and Saudi Arabia on a normalization that would mark a game changer for the Middle East

  • China slams US sanctions over Iran aircraft program

    Washington last week slapped sanctions on "seven individuals and four entities" based in Iran, China, Russia and Turkey it said...

    China notes that US has included some Chinese enterprises and individuals in the 'Specially Designated Nationals List', a commerce ministry spokesman said

    "The United States side should immediately stop its unreasonable suppression of Chinese enterprises and individuals," spokesman said

  • Saudi Arabia denounces attack that killed two Bahrain soldiers

    Riyadh, Saudi Arabia--Saudi Arabia on Tuesday condemned an attack on its territory that killed two Bahraini military personnel near the border...

    According to Bahrain's military, one officer and a soldier were killed in a drone attack carried out by Yemen's Houthi rebels

    A Houthi delegation completed five days of talks in Riyadh last week, the first such public visit since hostillities broke out

  • UAE and India look to boost ‘comprehensive strategic partnership’

    New York, US-- The UAE Foreign Minister Sheikh Abdullah bin Zayed has held talks with Subrahmanyam Jaishankar, External Affairs Minister...

    The two ministers reviewed the issue of climate change and bilateral cooperation in this regard, and also discussed the UAE's hosting of COP28 this year

    The UAE's foreign minister emphasized that the two countries are keen to support multilateral international action to find effective solutions to all global challenges

  • Bahrain says 2 soldiers dead in attack near Saudi-Yemen border

    The victims "were martyred while performing their sacred national duty to defend the southern borders of the sister Kingdom of...

    The statement from Bahrain's military said the "terrorist act" was perpetrated by Houthi "attack drones" in an undisclosed location in southern Saudi Arabia

    Houthis' TV channel reported separately on Monday that "four citizens" were injured in Saudi attacks on Yemeni territory near the border on Monday

  • Hundreds of Sikh Canadians protest against India

    Nearly a week after Canadian Prime Minister Justin Trudeau accused India of being responsible for the killing of a Sikh...

    Slamming the Modi government for the alleged killing, several hundred protestors gathered in Toronto, Ottawa and Vancouver

    There are nearly 770, 000 Canadians professing Sikhism and the country is home to the largest Sikh community in the world outside of India

  • Israel joining US Visa Waiver Program: minister

    Tel Aviv, Israel - The United States will declare its participation in the Visa Waiver Program (VWP) this week,  Israel's...

    To be admitted to the VWP, countries must commit to treating all US travelers equally, irrespective of other passports they may possess

    For Israel, this would mean allowing Palestinian Americans to travel freely at its airports and within the occupied Palestinian territories

  • Saudi Arabia launches new TV channel to highlight ‘rapid progress’

    Riyadh, Saudi Arabia-- Saudi Broadcasting Authority (SBA) has launched a new TV channel called Saudia Alaan (Saudi Now) to highlight...

    The channel will showcase the kingdom’s “rapid progress” towards the Saudi Vision 2030 and its recent advancements, which are reflected in the diverse events

    The airing of the channel comes at a time when the kingdom is witnessing a significant increase in the number of events, exhibitions, and conferences

  • Growing IT outlays intensify MENA’s transformation

    The region's IT spending is set to rise by 4% to $183.8 billion in 2024, with software and IT services...

    The region's IT spending is projected to rise by 4% to $183.8 billion in 2024, with software and IT services witnessing double-digit growth

    This surge aligns with the MENA region's push for digital transformation, enhanced cybersecurity, and a focus on generative AI initiatives

  • Central Bank of Bahrain treasury bills oversubscribed by 149 percent

    MANAMA, BAHRAIN - This week’s BD 70 million (US$186 issue of Government Treasury Bills has been oversubscribed by 149 percent....

    The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.

    The issue date of these bills is September 27 2023 and the maturity date is December 27 2023.