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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

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.
  • North Korea’s leader calls for ‘exponential increase’ in nuke arsenal

    North Korea's Kim Jong Un has called for a major increase in the country's nuclear arsenal, including mass producing tactical...

    North Korea capped its record-breaking year of launches by firing three short range ballistic missiles early Saturday, and conducting another rare late-night launch

    The end-of-year plenary meetings are typically used by the regime to unveil the country's domestic and foreign policy priorities for the year ahead

  • Iran protester on death row granted retrial, says judiciary

    TEHRAN, IRAN  - Iran's top court has ordered the retrial of a third man reportedly sentenced to death over nationwide protests,...

    The Islamic republic has been rocked by protests since the September 16 death in custody of Mahsa Amini.

    Iranian officials say hundreds of people have been killed in the unrest, including members of the security forces, and thousands have been arrested.

  • UN General Assembly refers Israeli occupation to ICJ in Hague

    United Nations, US--The UN General Assembly on Friday asked the International Court of Justice to consider consequences for Israel over its...

    The General Assembly voted 87-26 with 53 abstentions on the resolution, with Western nations split but virtually unanimous support in the Islamic world

    The United States, Britain and Germany opposed the resolution, while France abstained

  • Three Egypt police killed in attack in Suez Canal city

    Medical sources confirmed the casualty toll from the attack, for which there was no immediate claim of responsibility. In the...

    Two cars approached a checkpoint in a residential neighbourhood of the city and two armed assailants opened fire at the policemen

    The source said the attack was likely a "terrorist act", describing it as the first of its kind in nearly three years in mainland Egypt

  • Hundreds protest signs of Damascus-Ankara thaw

    Hundreds of Syrians in the rebel-held north protested against signs of a thaw between Ankara and Damascus after their defense...

    The demonstration comes after the Syrian, Turkish and Russian defense ministers met in Moscow.

    The meeting was just the latest sign of a thaw in relations between Damascus and Ankara - the key backer of opposition forces in war-torn Syria.

  • Iran summons Italian envoy in rebuke over protests

    TEHRAN, IRAN  - Iran has summoned the Italian ambassador to protest "interventionist" policies, the foreign ministry said late Thursday, a day...

    The Islamic republic has been gripped by protests since the September 16 death in custody of Mahsa Amini, a 22-year-old Iranian Kurd.

    Iran says hundreds of people have been killed in the unrest, including members of the security forces, and thousands have been arrested nationwide.

  • 10 oil field workers killed in Syria attack, says state media

    BEIRUT, LEBANON  -  An attack in eastern Syria killed 10 oil field workers, state news agency SANA reported on Friday, a...

    In addition to 10 dead, two others have been wounded in a terrorist attack that targeted three buses transporting workers from al-Taim oil field, state media said.

    The agency did not provide any information on the nature of the attack in the Kurdish-held area or who may be behind it,

  • Benjamin Netanyahu sworn in as Prime Minister of Israel

    Israel's hawkish veteran Benjamin Netanyahu was sworn in as prime minister after a stint in opposition, heading what analysts call...

    Netanyahu, 73, who is fighting corruption charges in court, already served as premier longer than anyone in Israeli history, leading the country from 1996-1999 and 2009-2021

    Netanyahu was ousted in June 2021 by a motley coalition of leftists, centrists and Arab parties headed by Naftali Bennett and former TV news anchor Yair Lapid.

  • Netanyahu’s controversial concessions to Israel govt partners

    Jerusalem-- Israel's newly sworn-in Prime Minister Benjamin Netanyahu has granted major concessions to far-right and ultra-Orthodox allies to cement a...

    Bezalel Smotrich, head of the extreme-right Religious Zionism formation, will oversee civilian affairs in the occupied West Bank.

    Government recognition of illegal outposts established in the West Bank without government approval within 60 days.

  • Dubai court authorizes jailed Brit’s fraud extradition, say lawyers

    DUBAI, UAE - A Dubai court Thursday authorized the extradition of a British national wanted over an alleged 1.7 billion...

    Hedge fund trader Sanjay Shah was arrested in Dubai in June, but the emirate's Court of Appeal in September rejected an extradition request by Denmark.

    Shah is accused of running a scheme for three years from 2012 in which foreign firms pretended to own shares in Danish companies and claimed tax refunds.