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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.
  • UAE, India FMs stress close ties at Joint Committee meeting

    The UAE top diplomat said that the ongoing dialogue between the two countries has led to the launch of the...

    The UAE top diplomat said that the ongoing dialogue between the two countries has led to the launch of the CSP in 2017, and the signing of the CEPA in 2022.

    Sheikh Abdullah noted that the UAE is the second largest destination and source for Indian exports and imports

  • Rebel parade in sensitive Yemen port city draws UN rebuke

    The rebels' Al-Masirah television channel aired footage of the parade it said involved air and naval forces as well as...

    Hodeida, which has been in rebel hands since 2014, provides a lifeline for millions of civilians in rebel-held areas

    The 2018 deal has been bolstered by a nationwide ceasefire which took effect in April and has led to a sharp reduction in bloodshed

  • UAE calls for global solidarity at environment ministers meet

    UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Joint Environment and Climate Ministers’...

    The UAE Minister spoke of forging regional and global partnerships to tackle environmental and climate challenges proactively

    She said that the outcomes of the meeting will be further pushed at the G20 Summit in October in Indonesia

  • Macron, European Union hopeful of Iran nuclear deal within days

    In a speech to French ambassadors, France's president Emmanuel Macron said he hoped the deal could be concluded within next...

    In Washington, National Security Council spokesman John Kirby said the United States was also "cautiously optimistic," but declined to put a timeframe.

    Iran responded to the EU proposal with proposed changes to which the United States replied in turn without divulging the details.

  • Rise and fall of luxury-loving former Malaysia first lady

    Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been...

    Born on December 10, 1951, Rosmah was the only child of a Malay school headmaster and his teacher wife in southern Negeri Sembilan state.

    Rosmah has reportedly accumulated an enormous collection of luxury handbags, and is said to shop at Harrods in London, Chanel in Hawaii, Saks Fifth Avenue in New York.

  • Small plane crashes near UAE Grand Mosque, pilot hurt

    The Cessna single-engine plane was approaching an exclusive airport for private jets in the UAE capital's center when it came...

    The General Civil Aviation Authority said the pilot was injured and was taken to a hospital for treatment

    Abu Dhabi was on high alert in January after a series of missile and drone attacks by rebels in Yemen

  • West Bank doctors struggle to treat people as violence escalates

    The spike in violence is tied to raids launched across the West Bank in recent months by Israeli forces, many...

    On a single day in August, medics from the Palestinian Red Crescent Society (PRCS) treated 69 patients with gunshot wounds in Nablus after an army raid.

    Rik Peeperkorn, WHO's representative in the Palestinian territories, said sudden emergencies put "immense strain on the already fragile health system".

  • Amnesty says Iran, Turkey ‘forcibly’ pushing out Afghan migrants

    The NGO cited numerous cases of "unlawful killings, pushbacks by shooting and other unlawful returns, arbitrary detention, and torture and...

    Amnesty documented killings of 11 Afghans by Iranian security forces and three Afghans by Turkish forces over the past year

    The human rights group called on the international community to provide aid to countries supporting Afghan refugees

  • Pentagon says Iran seized, and later released, US navy vessel

    The US Central Command's 5th Fleet said a support ship from Iran's Islamic Revolutionary Guard Corps Navy, the Shahid Baziar,...

    The 5th Fleet said the US naval drone, equipped with an array of sensors, radars and cameras, was in international waters collecting navigation and other unspecified data

    It stressed the vessel was US government property but that the technology it carries is "available commercially" and "does not store sensitive or classified information"

  • UN warns of outbreak of new bout of violence in Libya

    United Nations has warned of the outbreak of new phase of violence in Libya as the country faces delays in...

    Several members of the Security Council have called for the quick nomination of a new head of the UN's mission in Libya

    According to several diplomatic sources, the Security Council has agreed to appoint Senegalese Abdoulaye Bitali, though the Libyan government has indicated reservations