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ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.
  • More than 100 IS members arrested in operation: Syria Kurds

    More than 100 members of Islamic State group have been arrested by the Kurdish-led Syrian Democratic Forces in an eight-day...

    The Syrian Kurds have been seeking to underline their value as a partner to the West in its campaign against IS

    The SDF said the operation was carried out alongside troops of the US-led coalition, although there was no immediate confirmation from the international force

  • Jordan imported 3.65m barrels of Iraqi oil from September 2021 to December 2022

    AMMAN, JORDAN -  Jordan's total imports of Iraqi oil between September 2021 to December 2022 amounted to 3.65 million barrels,...

    The Jordanian Minister said that the Kingdom purchases Iraqi crude oil to meet part of its annual oil needs at a rate of 10,000 barrels per day.

    As per the MoU, the Kingdom provides basin tanks for transporting crude oil from the Kirkuk depot in Iraq to the Jordanian oil refinery in Zarqa.

  • Ronaldo must serve two-match ban before Al Nassr debut: Official

    Riyadh, Saudi Arabia---Portuguese superstar Cristiano Ronaldo still needs to serve a two-match English Football Association ban before making his Al Nassr...

    Ronaldo was slapped with the ban in November for hitting a mobile phone out of a teenage fan's hand after Manchester United, his club at the time, lost to Everton.

    Al Nassr has not yet registered Ronaldo because the Saudi club have exceeded their quota for foreign players.

  • Bayern head to Doha promising to review Qatar Airways deal

    Berlin, Germany--Bayern Munich CEO Oliver Kahn said on Friday the side was reviewing whether to renew its sponsorship arrangements with Qatar...

    Bayern have come under criticism for their ties to Doha and the state-owned carrier in relation to alleged human rights issues in Qatar.

    In Qatar, the German national side backtracked on a promise to wear a 'One Love' armband in support of human rights and diversity.

  • Iran arrests journalist who interviewed inmates’ families, says media

    TEHRAN, IRAN - Iranian authorities have arrested a journalist who published interviews with families of death row inmates sentenced in connection...

    14 Iranians have been sentenced to death in connection with the unrest triggered by Mahsa Amini's death in custody on September 16.

    Foreign-based rights groups and campaigners say dozens more protesters face charges punishable by death.

  • EU top diplomat, in Morocco, vows ‘zero tolerance’ for graft

    "The position of the EU is clear: There can be no impunity for corruption. Zero tolerance," EU foreign policy chief...

    Borrell's visit comes weeks after Belgian police raided several addresses used by European lawmakers and other officials, finding $1.6 million in cash

    Morocco is "the EU's top economic and trade partner on the African continent," Prime Minister Aziz Akhannouch said in a statement Thursday

  • US diplomats go cold turkey on Turkey name, switch to Turkiye

    In a statement announcing measures to disrupt financiers of the Islamic State group, the State Department wrote of joint action...

    The embassy websites in Ankara of Australia, Canada, India and New Zealand write Turkiye, while the British, Irish and South African embassies use Turkey

    Turks have long been upset by cartoons and other references that associate their country's name in English with the bird

  • Erdogan asks Putin to announce ‘unilateral’ ceasefire in Ukraine

    Erdogan's call for a ceasefire followed a proposal earlier Thursday by Russia's spiritual leader Patriarch Kirill for an Orthodox Christmas...

    The Turkish leader has used his good relations with both Moscow and Kyiv to try and mediate an end to the war.

    Erdogan has been able to maintain good relations with Putin by refusing to join Western sanction on Russia.

  • UAE leads arrest of the ‘most wanted’ Eritrean trafficker

    Kidane Zekarias Habtemariam has been accused of being a smuggling kingpin, running a camp in Libya where hundreds of East...

    The Eritrean, on Interpol's radar since 2019, earned a reputation for "particularly cruel and violent treatment of migrants", Interpol said.

    Habtemariam was arrested in Ethiopia in 2020 but escaped custody after one year and was later sentenced in absentia to life in prison.

  • Arab-Israeli released after 40-year prison term for killing soldier

    With a black and white keffiyeh around his shoulders, 64-year-old Younis was met by a crowd singing the Palestinian national...

    The 64-year-old Karim Younis was convicted in 1983 of the murder three years earlier of an Israeli soldier.

    Israeli Interior Minister Aryeh Deri wrote to the state prosecutor on Tuesday requesting a legal opinion on revoking the citizenship of the two men.