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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.
  • UN Security Council vote on new Gaza ceasefire text postponed to Monday

    Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...

    The new, tougher draft resolution, seen by AFP, "demands an immediate ceasefire" for the ongoing Muslim holy month of Ramadan that leads "to a permanent sustainable ceasefire"

    Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and unconditional" release of hostages seized by Hamas

  • UN chief to visit Gaza border as Israel vows to go ahead with Rafah attack

    On Saturday, UN chief Guterres plans to meet with aid workers on the Egyptian side of Rafah, just across the...

    During his visit, Guterres plans to reiterate his call for ceasefire, though international pressure has so far failed to dissuade Israel from the planned ground offensive in Rafah

    Despite warnings that such an invasion would cause mass civilian casualties and worsen the humanitarian crisis, Netanyahu said he must press ahead with the attack

  • UN official urges $4bn humanitarian aid for cash-strapped Syria

    Beirut, Lebanon - A UN official on Friday appealed for about $4 billion in humanitarian assistance for Syria, warning funding was...

    "In 2024, we are appealing for $4.07 billion to provide lifesaving aid to 10.8 million Syrians, out of 16.7 million people assessed to be in need of assistance," he said

    Abdelmoula also noted "Syria's vulnerability to climate shocks", exacerbated by conflict, warning of water scarcity and "heatwaves impacting agriculture and livestock"

  • Iraqi PM to visit Washington for troop talks

    Washington, US – President Joe Biden will welcome Iraq's prime minister on April 15 for talks on the US troop presence,...

    The visit will mark the first trip to Washington by Prime Minister Mohamed Shia al-Sudani, who took office in October 2022.

    Sudani in the past has called for an exit of US forces, redeployed nearly 10 years ago as part of a campaign to defeat the Islamic State

  • EU to tell big tech firms to curb election risks or face fines

    BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...

    The European Commission, the EU's executive arm, is expected to adopt new guidelines.

    They will come under the EU's mammoth content moderation law, the Digital Services Act.

  • US, Israel hold talks as Gaza truce plan fails at UN

    Israel plans to send troops into Gaza's Rafah even without US support, Prime Minister Benjamin Netanyahu told Antony Blinken, as...

    US has repeatedly blocked ceasefire resolutions at the UN Security Council but tried to pass a text mentioning an "immediate ceasefire as part of a hostage deal".

    World leaders including staunch allies of Israel backed the renewed diplomatic push.

  • Libya to continue Tunisia border closure till end of smuggling

    Tripoli, Libya - Libya's shutdown of its main border crossing with Tunisia this week will remain in force until authorities put...

    Authorities aim to "ensure the security of the borders and combat crime and smuggling," Interior Minister Imad Trabelsi said.

    The crossing was shut down on Tuesday after clashes between armed groups and security forces on the Libyan side the night before.

  • Israel seizes 800 hectares of land in West Bank on Blinken’s arrival

    Israel's Finance Minister Bezalel Smotrich declared as "state lands" the area in the northern Jordan Valley. Israeli settlement watchdog Peace...

    Settlements in the Palestinian territories are illegal under international law. Smotrich, who heads the extreme-right Religious Zionism party, lives in a settlement.

    They are now home to more than 490,000 Israelis, who live alongside around three million Palestinians in the territory.

  • Finland to resume funding to UN agency for Palestinian refugees

    Australia, Canada and Sweden, which were among those states, announced earlier this month they were resuming aid. Ten percent of...

    Finland suspended its yearly funding of five million euros in January, following Israel's allegations that 12 of the UN agency's 30,000 employees were involved in the Hamas attack

    Finland's minister Tavio said in a statement that preventing misconduct and initiating close monitoring give sufficient guarantees at this point for resuming the support

  • Middle East oil policies not dictated by US, says Russia

    MOSCOW, RUSSIA – US will no longer be able to dictate oil prices in the Middle East, Director of the...

    The US cannot dictate prices, although they would like to as the world is becoming a multipolar one, a Russian official said.

    "This multipolarity is expressed in particular in the existence of the group of countries known as OPEC+," he added.