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.
  • UAE gave foreign aid worth $3.5bn, says MoFAIC

    The UAE is providing sustainable humanitarian aid worldwide, underscoring its commitment to promote regional, global peace and prosperity. As per...

    The total value of foreign aid provided by the UAE from the start of 2021 to mid-August 2022 amounted to $3.5 billion

    While Yemen accounted for most of Emirati aid with over $315 million, the list also included several Arab, Asian and Western countries

  • US says ‘concerned’ by Israeli closure of Palestinian NGOs

    The Israeli military announced earlier in the day that it had conducted overnight raids of seven organizations in Ramallah, the...

    The NGOs have all denied any links to the PFLP, which many western nations have designated a terrorist group

    US officials have reached out to their Israeli counterparts "at the senior level" to obtain additional information, which Israel has promised to provide

  • Erdogan warns of ‘another Chernobyl’ after talks in Ukraine

    A flare-up in fighting around Europe's largest nuclear facility in Russian-controlled southern Ukraine has sparked urgent warnings from world leaders,...

    Russian forces took the plant in March and uncertainty surrounding it has fueled fears of a nuclear incident

    NATO Secretary General Jens Stoltenberg has said Russia's seizure of the plant "poses a serious threat."

  • Israel planning renewable energy projects in MENA region

    The companies are also developing projects in Morocco, the UAE and Bahrain, along with Egypt and Jordan.

    The companies are also developing projects in Morocco, the UAE and Bahrain, along with Egypt and Jordan

    The plans follow two years after Israel normalized relations with the UAE, Bahrain and Morocco. Israel also signed a Free Trade Agreement with the UAE

  • Erdogan supports Ukraine, warns of ‘another Chernobyl’

    The Turkish leader met his Ukrainian counterpart Volodymyr Zelensky in Lviv just two weeks after flying to Sochi for talks...

    Erdogan said that NATO member Turkey remained firmly on Ukraine's side in the conflict.

    His talks with Zelensky and visiting UN chief Antonio Guterres came with global alarm rising about fighting that has raged around Ukraine's Zaporizhzhia nuclear power plant.

  • Iraq protest camps dig in for long haul

    Supporters of cleric and political kingmaker Moqtada Sadr are pitted against Shiite opponents from a pro-Iran faction called the Coordination...

    Sadr supporters came in late July when they stormed parliament and then set up camp on the lawns outside.

    The pro-Iranian group followed suit by organising their own sit-in, on an avenue leading to the Green Zone, the district housing government institutions and foreign embassies.

  • Ajman Chamber discuss economic ties with Mexican envoy

    Director-General of the Ajman Chamber of Commerce and Industry (ACCI) Salem Al-Suwaidi received Ambassador of Mexico to the UAE Luis...

    The meeting between DG of Ajman Chamber and Mexican ambassador took place as part of the Chamber's efforts to diversify its external partnerships

    The two sides discussed economic cooperation and explored trade and investment opportunities between the two countries

  • Israel troops raid Palestinian rights group offices

    The military said soldiers and police officers "closed seven institutions and confiscated property" in the overnight raids.

    The military said soldiers and police officers "closed seven institutions and confiscated property" in the overnight raids

    West Bank cities are nominally under the full control of the Palestinian Authority but the Israeli security forces carry out frequent incursions

  • China to send troops to Russia for joint military drills

    Beijing and Moscow have close defence links and China has said it wants to push bilateral relations "to a higher...

    Beijing insisted its participation in the joint exercises was "unrelated to the current international and regional situation."

    China and India have been accused of providing diplomatic cover for Russia throughout its months-long war in Ukraine

  • TikTok rolls out plan to fight US election misinformation threat

    TikTok will use automated systems and human fact-checkers to assess the accuracy of content, prompting users to "reconsider" sharing posts...

    TikTok has rolled out an "Elections Center" that will help users know how and where to vote

    According to a recent Pew Research report, the social media giant has emerged as a top social media platform for US teens