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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.
  • 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

  • Iran sacks bank manager for serving an unveiled woman

    Hardening its stance on the dress code, Iran has fired a bank manager who served an unveiled woman, according to...

    Mehr news agency reported that the bank manager in Qom province, near the capital Tehran, "had provided bank services on Thursday to an unveiled woman"

    The hijab became mandatory four years after the 1979 revolution that overthrew the US-backed monarchy and established the Islamic Republic

  • Khamenei’s niece arrested for denouncing Iranian regime, says brother

    Moradkhani is the daughter of Khamenei's sister Badri who fell out with her family in the 1980s and fled to...

    Farideh Moradkhani comes from a branch of the family that has a record of opposition to Iran's clerical leadership

    Her brother Mahmoud Moradkhani wrote on Twitter that she was arrested on Wednesday after going to the office of the prosecutor following a summons.

  • Kurds protest as Turkey targets Kurdish group in Syria

    Qamishli, Syria -- Thousands of Kurds protested on Sunday in the Syrian city of Qamishli against Turkish cross-border strikes targeting...

    One week ago Turkey began a barrage of air strikes against the semi-autonomous Kurdish zones in north and northeastern Syria.

    The PKK has waged an insurgency against the Turkish state since 1984. Turkey alleges that Syrian Kurdish fighters are the PKK's allies.

  • Jordan to receive $845 million in aid from the US

    The United States will provide Jordan with over US$845 million in annual financial support, officials in Amman said as the...

    The Hashemite kingdom is a key Western ally in the Middle East.

    In September, the US committed to providing Jordan with $10.15 billion in aid between 2023 and 2029.

  • Saudi Minister inaugurates Aquatic Animal Diseases Network

    RIYADH, SAUDI ARABIA - Saudi Minister of Environment, Water and Agriculture, Engineer Abdul Rahman bin Abdul Mohsen Al-Fadhli inaugurated Sunday...

    The launch aims to strengthen the aquaculture industry, prevent aquatic diseases, support the production of aquatic organisms.

    It also aims to meet the growing demand for aquaculture and its products, reduce the spread of diseases, train veterinarians and specialists in aquatic health.

  • Iran rapper Toomaj Salehi could face death penalty: Judiciary

    Tehran, Iran---An Iranian rapper who expressed support for anti-regime protests is charged with "corruption on earth" and could face the...

    A US-based rights group had tweeted on Saturday that Toomaj Salehi's trial had begun "without a lawyer of his choice", and his family said his "life is at serious risk".

    Iran's judiciary says more than 2,000 people have been charged since the start of the protests. Salehi is among a number of prominent figures detained.

  • SCCI, Moscow Chamber discuss trade, cooperation

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) discussed business and investment opportunities in the UAE and...

    Sharjah has many strategic advantages for Russian companies which plan to expand in the region's markets.

    Sharjah is an ideal environment for industrial companies in various sectors, especially startups.

  • Netflix, Nat Geo films shift attention to ‘forgotten’ Afghan stories

    National Geographic's "Retrograde" follows an Afghan general who tried in vain to hold back the Taliban advance in summer 2021,...

    Both movies begin in the months before the US withdrawal from Afghanistan, as their subjects tried to build a safer and more egalitarian future for their country

    Though the conflicts in Afghanistan and Ukraine are vastly different in nature, both films offer a cautionary tale about what can happen once the West's focus shifts

  • Europe promises continuous support to Ukraine against Russia

    Several European leaders were in Kyiv on Saturday to commemorate the victims of the 1932-33 Holodomor -- Ukrainian for "death...

    Ukrainian President Zelensky said his country will continue to resist Russian attacks that have systematically targeted Ukraine's energy grid

    "Ukrainians went through very terrible things... Once they wanted to destroy us with hunger, now -- with darkness and cold," Zelensky said