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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.
  • Tunisia, Algeria, Libya hold ‘advisory’ meeting to create new regional coalition

    The meeting was decided on by Algerian President Abdelmajid Tebboune, Libya's head of presidential council Mohamed Al-Menfi and Tunisian President...

    The coalition is aimed at furthering "security, stability and development throughout the region", Tunisian foreign minister Nabil Ammar said

    No leaders from Morocco or Mauritania were present at the meeting, set to take place every three months

  • Rockets fired from Iraq at US-led coalition base in Syria

    Rockets were fired late Sunday from northern Iraq at a military base in Syria housing a US-led coalition, according to...

    It is the first major attack against the coalition forces in several weeks

    The Islamic Resistance in Iraq has said it is acting in solidarity with Palestinians and out of anger at US support for Israel

  • Syria has held ‘meetings’ with US: Assad

    The United States was among the first to cut ties with Assad over the repression of anti-government protests that sparked...

    The United States was among the first to cut ties with Assad over the repression of anti-government protests that sparked war in 2011

    Last year Syria returned to the Arab fold, seeking better ties with wealthy US-allied Gulf states, in the hope they can help fund reconstruction

  • Iran, Israel appear to pull back from brink as US approves military aid

    Iran downplayed Israel's reported retaliation for its unprecedented drone and missile attack, tamping down fears that escalating attacks between the...

    Aiming to bolster Israel's defences including its Iron Dome air defence system, the US House of Representatives approved $13 billion in new military assistance for the country

    Israeli Prime Minister Benjamin Netanyahu welcomed the aid bill, writing on X, that it "demonstrates strong bipartisan support for Israel and defends Western civilization."

  • Calls for calm after reported Israeli strike on Iran

    An unidentified Israeli official told The Washington Post the "strike" was retaliation for Iran's drone and missile barrage and was...

    Israeli officials made no public comment on the attack and Iranian officials played down its significance

    Iranian Foreign Minister Hossein Amir-Abdollahian said Israeli micro-drones used in the operation had caused no deaths or damage

  • iran, israel, missile, syria

    Israel strikes Syria again following overnight ‘retaliatory’ attack on Iran

    Israeli strikes on Friday targeted a Syrian army position in the country's south, a war monitor said, as US media...

    Israeli strikes on Friday targeted a Syrian army position in the country's south,

    UN Secretary-General Antonio Guterres: The Middle East is on a precipice

  • Explosions in Iran, US media reports Israeli strikes

    Iran's air defence systems over several Iranian cities were activated, state media reported, after the country's official broadcaster said explosions...

    Israel had previously warned it would hit back after Iran fired hundreds of missiles and drones at Israel over the weekend. Most of them were intercepted

    Iran's Fars news agency reported "three explosions" were heard near the Shekari army airbase in the northwest of Isfahan province

  • Lebanon’s Hizbollah targets Israel base, wounding 14 soldiers

    Hours after the strike on Arab al-Aramshe, an Arab-majority village in northern Israel near the border, Israeli forces hit targets...

    Israel and Hizbollah, an Iran-backed Hamas ally, have been exchanging near-daily cross-border fire since the Palestinian group attacked southern Israel on October 7

    But Hizbollah strikes in the past few days have included a growing use of explosive drones and wounded people in Israel, which has struck deeper into Lebanon in recent weeks

  • Italy PM Meloni visits Tunisia for migration talks

    Meloni's latest visit to Tunisia came as part of her so-called Mattei Plan, a program aiming to posit Italy as...

    Meloni met with Saied, who vowed in a national security meeting the day before that Tunisia "will be neither a center nor a crossing point" for sub-Saharan migrants

    "Cooperation on migration remains a central aspect of the relationship between Italy and Tunisia," Italian officials said

  • Gaza, UN, security council, israel

    UN Security Council to vote this Thursday on full Palestinian membership

    Against the backdrop of the grinding conflict in Gaza, a city largely devastated by more than six months of war...

    The Palestinians formally revived this April an application first made to the world body in 2011

    Statehood requires a defined territory, a permanent population, a government and the ability to enter into international relations