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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.
  • Three Hizbollah fighters killed in Israeli strikes on Lebanon

    An Israeli strike on a car in south Lebanon killed three Hizbollah fighters, a security source said, the latest in...

    Lebanon's state-run National News Agency reported that "an enemy drone targeted a car this morning on the road to Naqura".

    The cross-border violence has raised fears of all-out conflict between Hizbollah and Israel, which last went to war in 2006.

  • AU head seeks probe into massacre of Gazans waiting for aid

    Nairobi, Kenya - African Union chief Moussa Faki Mahamat on Saturday accused Israel of "the mass killing of Palestinians" and urged...

    "Mahamat strongly condemns an attack by Israeli forces, that killed and wounded more than 100 Palestinians seeking life-saving humanitarian aid," the bloc said.

    "The Chairperson calls for an international investigation into the incident to bring the perpetrators to account," the statement by the African Union said.

  • Gaza officials report 4 more child malnutrition deaths

    Global attention turned to the dire humanitarian conditions in Gaza on Thursday, when the health ministry said more than 100...

    Gaza health ministry spokesman Ashraf al-Qudra said in a statement, noting that the number of child "malnutrition and dehydration" deaths now totaled 10

    Earlier Friday, a spokesman for the UN humanitarian agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza

  • US forces destroy Houthi surface-to-air missile: CENTCOM

    The Iran-backed Houthis, who control much of war-torn Yemen, have been attacking shipping in the Red Sea since November in...

    On Friday afternoon, US "forces conducted a self-defense strike against one Houthi surface-to-air missile that was prepared to launch," CENTCOM said

    The United States is spearheading a naval coalition to protect vessels in the vital waterway, and has conducted air strikes in Houthi territory, alongside Britain

  • Biden announces US aid air drops in Gaza

    Biden had been planning air drops for some time but Thursday's incident "certainly underscored for the president" the need to...

    US president said that he would "insist" that Israel let in more aid trucks, while it would also look at a possible "marine corridor" to deliver large amounts of aid into Gaza

    Biden said later he was "hoping" for a deal on a six-week ceasefire by the Muslim holy month of Ramadan, which will start on March 10 or 11, depending on the lunar calendar

  • OIC to hold extraordinary meeting on Israeli aggression on March 5

    Jeddah, Saudi Arabia - The Organization of Islamic Cooperation (OIC) will hold an extraordinary meeting of its Council of Foreign...

    OIC Secretary-General Hissein Brahim Taha is expected to address the opening session, which will be preceded by a preparatory senior officials' meeting

    On October 11, 2023, Saudi Arabia hosted the extraordinary Joint Arab and Islamic Summit in Riyadh, organized by the OIC and the Arab League

  • EU queries Meta about ad-free subscriptions, shadow banning

    BRUSSELS, BELGIUM - The EU on Friday used new regulatory powers to query Meta about ad-free subscriptions to Facebook and Instagram as...

    The European Commission made a request for information under the mammoth content moderation law known as the Digital Services Act (DSA).

    The EU has launched probes under the DSA to quiz platforms on how they are addressing concerns from consumer protection to children's activity online.

  • Hamas says Israeli military action kills 7 hostages in Gaza

    Hamas said that seven more hostages seized during its unprecedented attack on southern Israel on October 7 had died because...

    Hamas seized around 250 Israelis and foreigners during the October 7 attack on southern Israel.

    A spokesman for the UN agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza.

  • Leftist Galloway wins MP seat in UK amid anti-Semitism allegations

    London, UK- Controversial left-wing firebrand George Galloway was elected to the UK parliament on Friday after tapping into anger over the...

    Galloway, 69, first became an MP in 1987 and will return to the House of Commons for the first time since 2015 after winning the seat of Rochdale.

    Galloway put the Gaza conflict front and center of his campaign in Rochdale, north of England, which has a 30 percent Muslim population.

  • UN warns famine in Gaza almost inevitable unless war changes

    The UN and other humanitarian actors have not yet declared a state of famine in Gaza, despite worsening conditions in...

    "We have to look at what more and more voices, more and more loudly, are saying about the food security situation across the Gaza Strip, in particular in the north," said Laerke.

    Laerke cited the near-total closure of commercial food imports, the "trickle of trucks" coming in with food aid, and the "massive access constraints" to moving around inside Gaza.