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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.
  • Putin set for election coronation in vote with no opposition

    Ballots will also be cast in the four Ukrainian regions Moscow claimed to have annexed in 2022, as well as...

    In power as president or prime minister since the final day of 1999, Putin has quashed all forms of opposition and dissent

    Victory in the March 15-17 contest will allow him to stay in the Kremlin until at least 2030, longer than any Russian leader since Catherine the Great in the eighteenth century

  • Israel’s PM rejects Biden critique of war policy in Gaza

    His comments came one day after Biden said Netanyahu "must pay more attention to the innocent lives being lost as...

    Netanyahu disputed the death toll issued by the health ministry in Gaza

    He said his policies were "supported by the overwhelming majority of the Israelis"

  • Saudi king calls for end to ‘heinous crimes’ in Gaza

    In his Ramadan message, King Salman while giving thanks for the blessings bestowed upon the kingdom said the war in...

    He exhorted the international community to put an end to 'these heinous crimes'

    Gaza is in the midst of a spiralling humanitarian crisis after months of Israeli war

  • Iran agricultural, food exports hit US$5.5bn in 11 months

    TEHRAN, IRAN – The Ministry of Industry, Mine, and Trade said that Iran exported fisheries, livestock, agricultural and food products...

    Iraq was the biggest importer of Iranian agricultural and food products worth US$1.7 billion.

    The UAE was the second largest importer of Iranian agricultural and food products worth $675 million

  • GASTAT adopts chain-linking method to calculate Saudi Arabia’s real GDP

    RIYADH, SAUDI ARABIA – The General Authority for Statistics (GASTAT) said in a press release it issued on Sunday that...

    The fourth quarter 2023 results and the annual results for the same year have been reached at by using the new methodology.

    Saudi Arabia is the first country in the Gulf and Arab regions, and among the first G20 countries, to implement the chain-linking methodology.

  • Hizbollah fires dozens of rockets at Israel after deadly strikes

    Hizbollah said it had fired dozens of rockets into northern Israel after Israeli strikes the day before left five dead...

    Meron is home to a major air control base that the Iran-backed group has targeted several times since the start of the year.

    Hizbollah said it had acted "in response to Israeli attacks against villages in the south and the homes of civilians".

  • Netanyahu approach to Gaza war ‘hurting’ Israel, says Biden

    With Gaza's humanitarian crisis growing more dire and Biden's left flank in uproar, the US president made contradictory remarks as...

    Israel's retaliatory operations in Gaza have killed more than 30,800 people,

    Biden was evasive Saturday on the possibility of a new trip to Israel

  • Israel slams Canada, Sweden for resumption of UNRWA funding

    Canada and Sweden announced over the weekend they were resuming funding for the cash-strapped UN agency, weeks after having suspended...

    Supporting UNRWA, which has been central to humanitarian efforts in the war-ravaged Gaza Strip, was a "serious mistake", the Israeli foreign ministry said in a statement

    The renewed aid, according to the Israeli statement, showed that Canada and Sweden had chosen "to ignore the involvement of UNRWA employees in terrorist activity

  • CIA, Mossad chiefs meet to ‘advance’ hostage release deal

    Israeli military spokesman Daniel Hagari said Israel was preparing for "all possible operational scenarios" during Ramadan, and that it plans...

    Benjamin Netanyahu's office said Mossad chief met Friday with the head of the CIA

    Israel did not send a delegation to the latest round of truce talks in Cairo

  • Israelis demand Netanyahu ouster and hostage release

    With t-shirts and banners featuring the names and pictures of hostages seized during Hamas's October 7 attack, the crowd demanded...

    Some protesters called for an immediate ceasefire, a position the government has rejected

    A protestor said Netanyahu's government "cannot stay in power" after the October 7 attack