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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.
  • Israeli troops kill 3 Palestinians in West Bank’s refugee camp

    Tubas, Palestinian Territories - Israeli troops killed three Palestinians in an overnight raid in a refugee camp in the occupied West...

    The Palestinian health ministry in Ramallah said the three men were killed "by Israeli occupation bullets" during clashes in the Faraa refugee camp.

    One of the three men killed was a fighter, a Palestinian official said, while the other two were civilians "in their homes and were killed by snipers deployed in the camp".

  • Zelenskyy in Saudi Arabia to discuss war; meets Mohammed bin Salman

    RIYADH, SAUDI ARABIA - President of Ukraine Volodymyr Zelenskyy and his accompanying delegation arrived here on Tuesday. The Ukrainian President...

    At the Royal Terminal in King Khalid International Airport, Zelenskyy was received by the Deputy Governor of Riyadh Region and other senior officials.

    The 10th Saudi relief plane operated by King Salman Humanitarian Aid and Relief Center (KSrelief) reached a Polish airport, close to the Ukrainian border.

  • UAE announces US$2,722 penalty for late corporate tax registration

    ABU DHABI, UAE – The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024...

    A penalty of US$2,722 (AED10,000) will be imposed on businesses that do not submit their Corporate Tax registration applications on time.

    The penalty was implemented to prompt taxpayer compliance with laws through timely corporate tax registration.

  • France says ‘nothing ruled out’ to thwart Russia in Ukraine

    French Prime Minister Gabriel Attal told the RTL broadcaster that there was "no consensus" on any "official" deployment of ground...

    Speaking a day after President Emmanuel Macron said that sending Western ground troops was not excluded, prime minister Attal said that "you can't rule anything out in a war."

    Macron, after hosting a meeting of two dozen European leaders to discuss Ukraine, on Monday painted a grim picture of a Russia whose positions he said were "hardening."

  • Hizbollah fires new barrage of rockets at Israeli air base

    Beirut, Lebanon--Lebanon's Hizbollah said it launched a salvo of rockets at an Israeli air control base on Tuesday in retaliation for...

    The Lebanese armed group said it targeted the "Meron air control base... with a large salvo of rockets from several launchers"

    Hizbollah's rocket assault was sparked off after Israel struck Hizbollah targets near the city of Baalbek, killing two of its fighters

  • US welcomes Palestinian Authority reform after PM quits

    The Palestinian leadership has been divided since 2007, with the Palestinian Authority exercising limited power in the West Bank. Blinken...

    "We do welcome steps for the PA to reform and revitalize itself," State Department spokesman Matthew Miller told reporters, using the Palestinian Authority's initials

    State Department spokesman declined to comment directly on the resignation of prime minister Mohammad Shtayyeh, saying it was an internal matter for Palestinians

  • US targets Houthi vessels, missiles in latest attack

    Yemen's Houthis have been targeting shipping for months and their attacks have persisted despite repeated US and British strikes aimed...

    US forces destroyed surface vessels, anti-ship cruise missiles, and an aerial vehicle

    Over the weekend, US and British forces carried out strikes against 18 Houthi targets

  • Gaza ceasefire could start by next Monday: Joe Biden

    A deal between Hamas and Israel could include the exchange of dozens of hostages for several hundred Palestinian civilians held...

    Biden said in New York that "we're close, we're close, we're not done yet"

    An unnamed Israeli official told news site Ynet the "direction (of the talks) is positive"

  • Hizbollah fires rockets after deadly Israeli strikes on east Lebanon

    Hizbollah announced several other attacks on Israeli sites and troops on Monday, with local media also reporting Israeli strikes on...

    The Israeli army told AFP that "dozens of rockets" had been launched from Lebanon but there were no immediate reports of casualties

    Earlier Israel targeted Hizbollah "aerial defence" sites in retaliation for the group's downing one of its drones in south Lebanon

  • Two Hizbollah members killed by Israeli strike in Lebanon

    Baalbek, Lebanon - Israeli strikes near the Hizbollah-dominated city of Baalbek killed two group members on Monday, two security sources told...

    "Two Hizbollah members were killed in the Israeli strikes near Baalbek," a security official told AFP, with another security source also confirming the toll

    Earlier Monday, one of the sources had told AFP that "an Israeli strike hit a building housing a Hizbollah civilian institution" in a Baalbek suburb