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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.
  • Macron urges Lebanon to ‘get rid’ of leaders blocking reforms

    "The problem with Lebanon is that we must solve people's problems and get rid of those who cannot do it,"...

    Macron has taken the lead in international efforts to bail out the Lebanese economy after a collapse in the value of the Lebanese pound plunged most of the population into poverty.

    International lenders have demanded that Lebanon adopt a programme of painful economic reforms in return for releasing billions of dollars in bailout loans.

  • Ajman Chamber keen to strengthen trade, economic ties with Pakistan

    Ajman, UAE--Abdullah Al Muwaiji, Chairman of the Board of Directors of Ajman Chamber of Commerce and Industry (ACCI), has affirmed...

    The total trade between the UAE and Pakistan reached AED19.7 billion in 2021, with a growth rate of 23 percent compared to 2020.

    The growth rate of trade volume between Ajman and Pakistan reached 30 percent during the last five years.

  • Iraq tells visiting Italy PM it seeks closer economic ties

    Iraq's prime minister appealed to visiting Italian counterpart Giorgia Meloni for closer economic ties with his oil-rich country suffering from...

    Italian oil firm Eni has been involved in exploration and production in Iraq for over a decade.

    The United Nations says Iraq is one of five countries most exposed to some impacts of climate change.

  • Lebanon identifies suspects in UN peacekeeper’s killing

    Beirut, Lebanon--Lebanese investigators have identified suspects in the fatal shooting of an Irish United Nations peacekeeper whose vehicle came under fire...

    The UN peacekeeper was killed and three others injured on December 14 when their UN Interim Force in Lebanon (UNIFIL) vehicle was attacked near the village of Al-Aqbiya in Lebanon

    The area is a stronghold of powerful Iran-backed armed group Hezbollah

  • Israeli troops kill Palestinian militant in West Bank clashes

    Nablus has seen frequent clashes between Israeli troops and Palestinian militants in recent months, as the army has stepped up...

    Palestinian health ministry said Ahmed Atef Daraghmeh, 23, a footballer from the nearby town of Tulkarem, sustained bullet wounds to the back and foot

    Members of the new governing coalition announced by Netanyahu late Wednesday have called for an even tougher crackdown on Palestinians

  • Minister reiterates UAE’s support for global biodiversity framework at meeting

    MONTREAL, CANADA -  UAE Minister of Climate Change and the Environment  Mariam bint Mohammed Almheiri participated in the High-Level Segment...

    Almheiri urged other ministers to work together towards achieving the meeting’s objective of adopting the post-2020 global biodiversity framework.

    The minister called for reversing biodiversity loss and realize the 2050 Vision for Biodiversity of a world living in harmony with nature.

  • Huthi rebels tighten restrictions on Yemeni women: Activist

    Dubai, United Arab Emirates--Yemeni student Abir al-Maqtari dreamt of studying abroad but amid a tightening of restrictions on women, Huthi forces...

    Yemeni society has traditionally allowed space for individual freedoms. But this is changing under the Huthi movement, which was founded with the aim of enforcing a theocracy.

    Recently the Huthis clamped down on women travelling without a "mahram" -- or male relative -- even within the country.

  • UAE foreign minister meets visiting First Lady of Israel

    Sheikh Abdullah affirmed the UAE's keenness to strengthen the strategic partnership with Israel and advance bilateral cooperation in various fields.

    Sheikh Abdullah affirmed the UAE's keenness to strengthen the strategic partnership with Israel and advance bilateral cooperation in various fields

    Israel and the UAE forged ties in the United States-brokered Abraham Accords in 2020, bringing over a decade of covert contacts into the open

  • Ukraine flags vie with Christmas decor as Zelensky visits Washington

    Americans called him heroic and compared the visit to that of Britain's premier Winston Churchill, who came to Washington in...

    Pennsylvania Avenue, the grand boulevard which links the White House and Congress, was blocked off for the one-day visit of Ukraine's president

    Outside of the White House, Zelensky's first stop of the day, television cameras from around the world were there to record the visit of the wartime leader

  • Tunisia labour union calls for road map to ‘save’ democracy

    The Tunisian General Labour Union (UGTT) "notes the very low level of participation in the elections, which destroys their credibility...

    Just 11.2 percent of voters cast ballots for a new parliament stripped of most its authority

    This was the lowest turnout since the 2011 revolution that toppled dictator Zine El Abidine Ben Ali