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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.
  • Turkey’s court rules Kurdish politician to stay in jail

    Turkey’s top court has rejected a plea for the release of Aysel Tugluk, a Kurdish politician, but ordered that she...

    Many of her supporters believe she developed dementia after witnessing Turkish nationalists attack her mother's funeral in Ankara in 2017

    Tugluk was arrested for her activities with the Democratic Society Congress (DTK), an organization that Turkish authorities consider to be linked to the Kurdistan Workers' Party

  • Iran hints it may accept compromise on nuclear deal

    Iran may accept the final compromise worked out in Vienna to save the 2015 nuclear agreement, its official news agency...

    The deal meant to curb Iran's nuclear programme has been moribund since the withdrawal of the United States under president Donald Trump in 2018.

    The major powers are awaiting Tehran's response to a proposal submitted on July 26 by EU foreign policy chief Josep Borrell.

  • Iran seeks to commission three more Khayyam satellites

    Iran plans to commission three more versions of a satellite launched this week by Russia, Tehran's government spokesman said Friday....

    A Soyuz-2.1b rocket sent the satellite into orbit from the Moscow-controlled Baikonur Cosmodrome in Kazakhstan.

    Khayyam, apparently named after the 11th-century Persian polymath Omar Khayyam, will not be the first Iranian satellite that Russia has put into space.

  • US continues mediation in Lebanon-Israel maritime border dispute

    “Progress towards a resolution can only be reached through negotiation by the two governments,” State Department spokesperson Vedant Patel said.

    “Progress towards a resolution can only be reached through negotiation by the two governments,” State Department spokesperson Vedant Patel said

    Lebanon and Israel are located in the Levant Basin, where a number of big sub-sea gas fields have been discovered since 2009

  • UN watchdog warns of ‘grave’ crisis amid violence near Ukraine nuclear plant

    Ukrainian President Volodymyr Zelensky accused Moscow of "nuclear blackmail" as he urged the international community to react immediately to chase...

    Moscow and Kyiv on Thursday accused each other of new shelling near the Zaporizhzhia nuclear power plant, a dangerous escalation five months into the war

    The Ukrainian plant is under the control of Russian troops, and Ukraine has accused Moscow of basing hundreds of soldiers and storing arms there

  • US envoy to travel to Gulf to strengthen Yemen truce

    Tim Lenderking will travel to the United Arab Emirates, Oman and Saudi Arabia starting August 11, while members of his...

    The United Nations announced on August 2 that a four-month truce had been extended until October 2, buying time for negotiations to establish a longer, more durable ceasefire

    Yemen has been gripped by conflict since the Iran-backed Houthi rebels took control of the capital Sanaa in 2014, triggering a Saudi-led military intervention

  • US National Security Advisor makes phone call to Kuwaiti PM

    During the conversation, the two sides discussed the partnership between the US and Kuwait, regional security.

    During the conversation, the two sides discussed the partnership between the US and Kuwait, regional security

    In a statement, the US NSA said the two leaders discussed the need to turn the UN-mediated truce in Yemen into a lasting settlement

  • Qatar renews call for nuclear-free Middle East

    The establishment of nuclear-free zones is a key step to boost non-proliferation system and achieve a full nuclear disarmament, says...

    The establishment of nuclear-free zones is a key step to boost non-proliferation system and achieve a full nuclear disarmament, says a top Qatari official

    Over the past decades, five nuclear weapon-free zones have been established that include the commitment of the signatories not to possess nuke arms

  • Iraq to provide Lebanon with fuel for another year: PM Mikati

    Iraq has agreed to renew a one-year deal to provide Lebanon with fuel for its power plants in exchange for...

    For the past year, Lebanon's power plants have depended on the deal with Iraq to produce one to two hours of electricity per day.

    Residents in the poverty-stricken country largely rely on expensive private generators for power the rest of the time.

  • UN rights chief calls killing of Palestinian children ‘unconscionable’

    Of the 360 Palestinians reported injured, nearly two-thirds were civilians, including 151 children, 58 women and 19 older people, OHCHR...

    "Inflicting hurt on any child during the course of conflict is deeply disturbing," said Michelle Bachelet, the UN high commissioner for human rights.

    Her office said that 19 Palestinian children had been killed in the Palestinian territories in the recent unrest, taking the total number this year to 37.