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AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

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.
  • All regions experienced water extremes in 2021, says UN

    GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and...

    Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said.

    Some 3.6 billion people face inadequate access to freshwater at least one month per year.

  • Tunisia ex-speaker in court again over alleged jihadist links

    Tunis, Tunisia—The speaker of Tunisia's dissolved parliament appeared on Monday before a judge investigating accusations his party helped Tunisian jihadists travel...

    The judge is expected to decide whether or not to charge the 81-year-old at the end of the hearing

    Rivals of Ennahdha, which dominated Tunisian politics from 2011 until Saied's power grab, accuse the party of helping them leave

  • More than 300 dead in Iran unrest: Guards general

    More than 300 people have been killed in Iran since protests erupted over the death in morality police custody of...

    Latest official toll is much closer to the figure of at least 416 "killed in the suppression of protests in Iran" published by Iran Human Rights

    The group says its toll includes those killed in violence related to the Amini protests and in distinct unrest in the southeastern province of Sistan-Baluchistan

  • Iran takes on US in supercharged World Cup showdown

    Doha, Qatar—The United States and Iran meet in a politically charged winner-takes-all World Cup clash on Tuesday as England aim...

    The Group B game between the US and Iran has stood out as one of the highlights of the first phase in Qatar

    Iran counterpart Carlos Queiroz brushed off suggestions that the flag furore would be used to motivate his players

  • European Education Area to take EU-UAE learning cooperation to the next level, says top official

    It will open opportunities for Emirati youth to study in European Union, further strengthening the existing people-to-people ties, adds Margaritis...

    The European Education Area offers a potential multi-level cooperation between the European Union and the United Arab Emirates, said a top EU official

    It will open opportunities for Emirati youth to study in European Union, adds Margaritis Schinas, adds VP of the European Commission for “Promoting Our European Way of Life”

  • Islamic nations seek to turn crisis into opportunity with enhanced relations, trade amidst recession fear

    At the 38th Ministerial Session of COMCEC, leaders of Islamic countries discuss ways to enhance bilateral and trade relations to...

    At the 38th Ministerial Session of COMCEC, leaders of Islamic countries discuss ways to enhance bilateral and trade relations to help region and the world evade recession

    The agenda of the ministerial COMCEC committee meeting includes improving transport & communications and developing sustainable & competitive tourism sectors

  • EU passes resolution to sanction Russian allies

    The European Union gave itself legal authority to take action against anyone who helps Russia avoid its sanctions, the EU...

    Member states unanimously agreed that violating restrictive measures against Russia be considered an "EU crime" across the bloc.

    The new resolution would help standardize the interpretation and enforcement of EU sanctions law across the 27-member union.

  • Kazakhstan eyes energy takeovers after blackouts, ‘mismanagement’

    ALMATY, KAZAKHSTAN - Kazakhstan warned Monday it could nationalize struggling energy companies in the oil-rich Central Asian country after the...

    Kazakhstan is a net exporter of energy, but high gas prices this year fueled historic and bloody protests.

    Last month, Kazakh authorities said 65 percent of regional electricity networks needed repair.

  • Tehran protests after US football body posts modified Iran flag

    Iran has seen more than two months of demonstrations sparked by the death in custody of 22-year-old Kurdish-Iranian woman Mahsa...

    Iran will face the United States in their final Group B game on Tuesday, when a win would put them through to the last 16

    Iran's supreme leader Ayatollah Ali Khamenei said Saturday that negotiating with the United States would not put an end to the "troubles"

  • Turkish, Egyptian ministers to meet to build ties: Erdogan

    Erdogan and Egypt's President Abdel Fattah al-Sisi shook hands last week in Qatar, signalling a fresh beginning in their ties.

    Erdogan and Egypt's President Abdel Fattah al-Sisi shook hands last week in Qatar, signalling a fresh beginning in their ties

    Relations between Ankara and Cairo have been strained ever since Mohamed Mursi of the Muslim Brotherhood, who was firmly backed by Erdogan