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Masdar acquires Saeta Yield

The deal is estimated to be valued at $1.4 billion.

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.

ADNOC Distribution H1 dividend $350m

The total dividend for 2024 is expected to be $700 million.

TAQA launches new corporate identity

Abu Dhabi Energy Services will be renamed as TAQA Services.

Rightmove rejects £5.6bn Murdoch bid

The property website said the bid was undervalued.
  • GCC unveils strategic vision for regional stability

    For the first time in its 43-year history, the bloc has set a strategic vision that prioritizes diplomacy and dialogue...

    For the first time in its 43-year history, the bloc has set a strategic vision that prioritizes diplomacy and dialogue over force to boost regional security and stability.

    This landmark initiative marks a significant departure from previous strategies, setting a new precedent for peaceful dispute resolution and cooperation in the region.

  • Turkey says Erdogan to meet Joe Biden at White House on May 9

    Istanbul, Turkey - Turkish President Recep Tayyip Erdogan will meet with US counterpart Joe Biden at the White House on May...

    The Biden administration in January approved $23 billion in F-16 warplanes for Turkey swiftly after it ratified Sweden's stalled NATO membership bib

    Some analysts additionally linked Turkey's continued delays to Erdogan's anger at Washington for its support of how Israel is pursuing its war against Hamas

  • Turkish Airlines restarts Libya flights after almost a decade

    Istanbul, Turkey - Turkey's flagship carrier, Turkish Airlines, has resumed flights to Libya's capital, almost 10 years after they were suspended...

    The airlines's chief executive, Bilal Eksi, attended a ceremony at Mitiga International Airport on Thursday to mark its first flight to Libya since 2015.

    A company spokesman told AFP on Friday that Turkish Airlines will operate flights to Tripoli three times a week on Tuesdays, Thursdays and Sundays.

  • US census to include Middle Eastern or North African category

    The next US census and federal government forms will include new options for race and ethnicity including a category for...

    "These updated standards will help create more useful, accurate and up-to-date federal data on race and ethnicity," US Chief Statistician Karin Orvis said.

    These revisions will enhance the ability to compare data across federal agencies, and to understand how federal programs serve a diverse America.

  • US Federal Reserve’s preferred inflation gauge ticks up as fuel costs rise

    WASHINGTON, US – The US central bank's favored measure of inflation edged higher last month on the back of rising fuel...

    The personal consumption expenditures price index rose at an annual rate of 2.5 percent in February.

    Much of the February increase in the cost of goods came from energy prices, which rose 2.3 percent from January.

  • Israeli strikes kill dozens in Syria and Lebanon, rile Russia and Iran

    In Syria, "Israeli strikes" targeted a Hizbollah "rockets depot" in Aleppo province, killing 36 Syrian soldiers, seven Hezbollah members and...

    Moscow said they were "categorically unacceptable" while Iran said they were a "violation of Syria's sovereignty" and "a serious threat to peace and security".

    In Lebanon, Hizbollah has exchanged near-daily fire with the Israeli army across the country's southern border since October, saying it is in support of Gazans and Hamas.

  • Restoration project for Jeddah district’s old buildings completed

    JEDDAH, SAUDI ARABIA – The Ministry of Culture, represented by the Jeddah Historic District Program, has announced the completion of...

    The project comes within the context of the Crown Prince's keenness to preserve and rehabilitate historical sites.

    The project aimed to highlight the heritage landmarks that Jeddah District is abundant in as a site containing over 600 heritage buildings.

  • Turkey’s Erdogan seeks to wrest back Istanbul in mayoral election

    Istanbul, Turkey--Recapturing Istanbul, the "jewel" of Turkey, in Sunday's local elections has become President Recep Tayyip Erdogan's obsession ever since losing...

    In 1994, Erdogan was elected mayor of the city, setting him up to become president of the country, a seat he continues to occupy

    He named former minister Murat Kurum as his mayoral candidate, entrusting him to reconquer Istanbul and consolidate his power

  • ICJ orders Israel to ensure humanitarian aid in Gaza

    The International Court of Justice said in its order that Israel should "take all necessary and effective measures to ensure,...

    The court said that Palestinians in Gaza are no longer facing only a risk of famine, but... famine is setting in

    At the ICJ, South Africa has charged that Israel is perpetrating a genocide in Gaza

  • Russia says ‘evidence’ links Ukraine to Moscow attack

    MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...

    Russian officials alleged the suspects had received "significant amounts of money and cryptocurrency from Ukraine".

    The officials said that said another man "involved in financing the terrorists" had been identified and detained.