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ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

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.
  • Egypt, Jordan, Hamas, PLO hail Trump remarks on not ‘expelling’ Palestinians from Gaza

    It was not immediately clear whether Trump's comments signalled further backtracking from his widely criticised proposal to take over the...

    Arab states have already offered a plan to rebuild the Gaza Strip under the future administration of the Palestinian Authority

    Arab foreign ministers met in Qatar on Wednesday with US Middle East envoy Steve Witkoff to discuss reconstruction for Gaza

  • How do GCC-Arab leaders look at the region’s future?

    The bigger your vision, the bigger your achievement will be. Will you stumble on the way? Perhaps, but we cannot...

    Together we will continue building a better country, fulfilling our dream of prosperity, says Saudi Crown Prince Mohammed bin Salman.

    It is vital that the next generation looks for careers in the industries of the future, so is developing the capabilities and opportunities of our youth, says Sarah Al-Amiri

  • Arab ministers, US envoy discuss Gaza reconstruction amid ongoing ceasefire talks in Qatar

    The plan by Muslim-majority nations has been rejected by both Israel and its key ally the United States, but has...

    The 57-member Organization of Islamic Cooperation (OIC) formally adopted a plan put forward by the Arab League at an emergency meeting in Saudi Arabia

    The Egyptian-spearheaded plan emerged as a proposal to rebuild the Gaza Strip under the future administration of the Palestinian Authority

  • US trading partners hit back on steel, aluminum tariffs

    The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in a...

    Canada, which is heavily exposed to the US steel and aluminum levies, announced additional tariffs of CAN$29.8 billion ($20.7 billion) on US goods, coming into force Thursday.

    Uncertainty over Trump's trade plans and worries that they could tip the world's biggest economy into a recession have roiled financial markets.

  • Hamas confirms Gaza truce talks in Doha as Yemen’s Huthis threaten Israeli shipping over aid block

    The initial phase of the truce brokered by Qatar, Egypt and the United States began on January 19, and helped...

    The first 42-day phase of the truce deal expired in early March without agreement on subsequent stages meant to secure a lasting end to the war

    There are differing views on how to proceed, with Hamas seeking immediate negotiations for the next phase, while Israel wants to extend the first phase

  • Syrian presidency announces agreement to integrate Kurdish institutions

    The Syrian presidency announced on Monday an agreement with the head of the Kurdish-dominated Syrian Democratic Forces (SDF) to integrate...

    Syria's new authorities under interim President Ahmed al-Sharaa have sought to disband armed groups and establish government control over the entirety of the country

    The new accord, which is expected to be implemented by the end of the year, comes after days of violence in the heartland of Syria's Alawite minority

  • Jeddah Talks: Ukraine accepts US proposal of 30-day ceasefire with Russia

    The positive response from Ukraine prompted President Donald Trump's administration to lift a freeze on military aid and to predict...

    We'll take this offer now to the Russians and we hope they'll say yes to peace. The ball is now in their court: Marco Rubio

    "I want to thank President Trump for the constructive conversation between our teams," says Zelensky

  • Electricity restored to some areas in Khan Yunis city

    Hamas sees ‘positive’ signs for ceasefire talks as Israel cuts Gaza electricity, blocks aid flow

    In a statement, Netanyahu's office said that Israel had accepted an invitation from US-backed mediators and would "send a delegation...

    Israeli Prime Minister Benjamin Netanyahu's office said Israel would send a delegation to Doha on Monday for truce talks

    Israel has said it wants to extend the first phase until mid-April, Hamas has insisted on a transition to the second phase

  • Hamas pushes for phase two of Gaza truce talks

    Hamas said its representatives met with mediators in Cairo at the weekend, emphasizing the need for humanitarian aid to re-enter...

    The high-level delegation also stressed the need for "moving directly to begin negotiations for the second phase" of the deal, which will lay the groundwork for a ceasefire.

    Hamas's demands for the second phase include a full Israeli withdrawal from Gaza, an end to the blockade, the reconstruction of the territory and financial support.

  • Muslim nations meet in Jeddah to unite against Trump’s controversial Gaza takeover proposal.

    Trump's plan has already united Arab countries in opposition, with Saudi Arabia also hosting Arab leaders two weeks ago to...

    At Tuesday's summit in Cairo, Arab leaders backed the proposal to rebuild the Gaza Strip under the future administration of the Palestinian Authority

    However, the plan, which does not outline a role for Hamas, which controls Gaza, was rejected by both the United States and Israel