Search Site

Trends banner

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.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.
  • Morocco king calls on allies to back country on W. Sahara

    King Mohammed VI asked allies to "clarify their stance" on the matter, without specifying which countries he was addressing, although...

    Morocco fought a 15-year war with the Polisario Front independence movement after Spain withdrew from its former colony in 1975

    A United Nations-monitored ceasefire deal provided for a referendum, but Morocco has since rejected any vote that includes independence as an option

  • France’s President to visit Algeria to ease tensed relations

    The French presidency said that this trip will contribute to deepening the bilateral relationship, reinforce Franco-Algerian cooperation in the face...

    French-Algerian ties hit a low late last year after Macron reportedly questioned whether Algeria had existed as nation before the French invasion

    The North African country won its independence from France following an eight-year war, which ended with the signing in March 1962 of the Evian Accords.

  • Russian agricultural products embargo to cause food crisis, says UN

    Russian fertilizers and agricultural products must be able to reach world markets "unimpeded" or a global food crisis could strike...

    UN said it is important that all governments and the private sector cooperate to bring Russian agricultural products to market

    The UN chief vowed that his organization would try to "step up" grain exports from Ukraine before the onset of winter

  • Jordanian, Algerian businesses aim for better trade relations

    The Jordanian and Algerian business community agreed to a new vision for the two countries' economic relations, aiming to open...

    The Jordanian, Algerian sides stress on the need to develop action mechanisms to overcome difficulties that mutual trade faces.

    The two sides agree to intensify meetings and exchange delegations' visits to get acquainted with available economic opportunities.

  • Two more grain ships leave Ukraine, says Turkey

    Two more ships carrying grain have left Ukraine's Chornomorsk port, Turkey's Defense Ministry said on Saturday, bringing the number of...

    Ukraine's Sea Ports Authority said three seaports had begun loading food onto seven ships which would deliver 66,500 tonnes of wheat, corn and sunflower oil.

    The Authority said Ukrainian-origin food would be delivered to France, Sudan, Turkey and the Netherlands.

  • US names seasoned diplomat as new envoy to Kuwait

    The White House said that Sasahara is a career member of the Senior Foreign Service with the rank of Minister-Counselor...

    According to the White House Sasahara has been the recipient of numerous State Department performance awards, including five Senior Foreign Service Performance Awards

    She has served as Deputy Assistant Secretary of State for North Africa since November 2020

  • Upsurge in violence leaves 21 dead in Syria

    Violence has intensified on Syria’s northern border with Turkey leaving 21 civilians dead, many of them children. The bloodshed comes...

    Turkey considers the main Kurdish component of the SDF to be a terrorist organization with liinks to the Kurdish insurgency inside its own territory.

    Recep Tayyip Erdogan said Turkey was not looking to seize any Syrian territory, despite stepping up its attacks in the country's north

  • Moroccan diplomats drugged, robbed by women they met on Tinder

    Two Moroccan diplomats have been suspended from their positions in Colombia after they were drugged and robbed by women they...

    They could be dismissed, and an inquiry has been opened to determine if they will face legal proceedings

    Colombian channel CityTV quoted a police chief as saying the diplomats had been robbed of their cell phones and a tablet device

  • European nations call closure of Palestinian NGOs ‘not acceptable’

    Terming the Israeli closure of seven Palestinian NGOs in the West Bank as not acceptable, the foreign ministries of nine...

    The European countries believe that a free and strong civil society is key to promoting democratic values and a two-state solution

    Last October Israel labelled six of the Palestinian organizations as terrorist groups for their alleged links to a leftist militant group

  • Putin, Macron call for IAEA inspection of Ukraine nuclear plant

    Russian President Vladimir Putin and his French counterpart Emmanuel Macron called for independent inspections at the Moscow-occupied Zaporizhzhia nuclear plant,...

    Putin "stressed that the systematic shelling by the Ukrainian military of the territory of the Zaporizhzhia nuclear power plant creates the danger of a large-scale catastrophe.

    As per the Kremlin, both leaders called for experts of the International Atomic Energy Agency (IAEA) to inspect the plant "as soon as possible" and "assess the real situation.