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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.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.
  • African Union lauds Russia for allowing Kyiv to resume grain export

    Ukraine and Russia and two of the world's largest grain producers.

    Ukraine's farms are major source of grain for world market, particularly in Middle East and Africa.

    Cereal prices in Africa have surged because of the slump in exports due to Russia-Ukraine war.

  • 16 killed in Libya militia clashes since Thursday: Ministry

    The fighting began on Thursday night and extended into Friday afternoon. The clashes were between two armed groups with major...

    Several sources said one group's detention of a fighter belonging to the other had sparked the fighting, which extended to several districts of the capital.

    Mitiga, the capital's sole functioning airport, was closed for several hours on Friday before it reopened late in the day.

  • ISESCO and WHO discuss ways to enhance bilateral cooperation

    A delegation from the Islamic World Educational, Scientific and Cultural Organization (ISESCO) discussed with the Director-General of the World Health...

    A delegation of from ISESCO met Director-General of the World Health Organization, Dr. Tedros Adhanom Ghebreyesus, in Geneva.

    They also agreed to enhance the implementation of the terms of the MoU signed between the two organizations.

  • Iranian dissident summit in Albania put off over ‘security threats’

    A global summit in Albania dedicated to advocating regime change in Iran has been postponed due to security threats, an...

    The Free Iran World Summit was set to take place this weekend outside the Albanian capital Tirana, at the headquarters of the People's Mojahedin Organization of Iran (MEK)

    The US embassy in Tirana on Thursday evening tweeted about a "potential threat" targeting the summit and warned its citizens in Albania to avoid the event and keep a low profile

  • Tunisia police crack down on anti-Saied protest

    Tunisian police used pepper spray to disperse protesters and arrested several demonstrators Friday, as hundreds rallied against President Kais Saied...

    The protest came as Tunisians prepare to vote Monday on a draft constitution that would enshrine the vast powers that Saied has exercised since he sacked the government

    His move was a decisive blow against the crisis-ridden political system in Tunisia, the only democracy to have emerged from the 2011 Arab uprisings

  • Iraq mountain rest spot bears scars of deadly shelling

    Abandoned sandals and upturned chairs attest to the panic that gripped this peaceful rest spot in Iraq's Kurdish mountains when...

    Civilians have been repeatedly caught up in the crossfire of Turkey's nearly four-decade-old war against the rebel Kurdistan Workers Party (PKK)

    A public outcry over Wednesday's deadly bombardment sparked anti-Turkish demonstrations in cities across central and southern Iraq

  • Heatwave causes 1,700 deaths in Spain and Portugal, says WHO

    The World Health Organization's European office has said the heatwave baking Europe has caused over 1,700 deaths on the Iberian...

    WHO official says that exposure to extreme heat often exacerbates pre-existing health conditions

    The international organization has called for joint action to tackle climate change

  • ‘Bilateral ties strengthened with UAE President’s France visit’

    The French Ambassador to the UAE, Xavier Chatel, described the first official visit to France of UAE President Sheikh Mohamed...

    The French Ambassador to the UAE described the first official visit to France of UAE President as successful

    Sheikh Mohamed bin Zayed Al Nahyan's visit underscores deep-rooted friendship between the two countries

  • Putin, Saudi crown prince discuss oil as global energy market gets volatile

    Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman spoke about the oil market in a telephone...

    The Saudi-led OPEC oil grouping has been cooperating with a number of other oil-exporting nations including Russia for several years to better control the oil market

    The group, called OPEC+, introduced production cuts during the coronavirus pandemic that helped the oil market to recover from a crash in prices to below zero

  • Ukraine says trusts UN, not Russia, in grain deal

    Ukraine and Russia signed a deal on Friday to unblock grain exports and relieve a global food crisis, as a...

    The five-month war is being fought across one of Europe's most fertile regions by two of the world's biggest grain producers

    Up to 25 million tonnes of wheat and other grain have been blocked in Ukrainian ports by Russian warships and landmines