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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.
  • Israeli strike kills three soldiers near Damascus: Syrian ministry

    Since civil war broke out in Syria in 2011, Israel has carried out hundreds of air strikes against its neighbor.

    Since civil war broke out in Syria in 2011, Israel has carried out hundreds of air strikes against its neighbor

    The Israeli military says the strikes are necessary to prevent its arch-foe Iran from gaining a foothold on its doorstep

  • Arab League Cairo ministerial session discusses Greater Arab Free Trade Area

    The meeting is a preparatory session preceding the regular 31st session of the Arab League Summit, which will be hosted...

    The meeting is a preparatory session preceding the regular 31st session of the Arab League Summit, which will be hosted by Algeria in November

    The UAE launched a range of pioneering programmes to train qualified Arab cadres to lead the space sector and support Arab cooperation in space sciences

  • Russia’s Rosatom starts construction of Egypt’s first nuclear plant

    Russia's state atomic energy corporation Rosatom has launched the construction of Egypt's first nuclear power plant, a $25-billion project billed...

    The construction launch "means that Egypt has joined the nuclear club," Likhachev said, according to Rosatom

    The project is expected to cost around $25 billion euros, according to the Egyptian press, paid with a loan from Moscow

  • Tunisia’s Kais Saied: saviour or autocrat-in-waiting

    On Monday, Tunisians will vote in a landmark referendum that could install a vastly different system: one that bears the...

    On Monday, Tunisians will vote in a landmark referendum that could install a vastly different system: one that bears the hallmarks of the 64-year-old's philosophy

    Saied grew up in a middle-class Tunis suburb and became prominent in 2011, appearing on television to discuss constitutional law

  • Tunisia to vote on constitution seen as threat to democracy

    Tunisians will vote Monday on a constitution that would give President Kais Saied almost unchecked powers, a key moment in...

    The president's opponents have called for a boycott, but while observers have predicted most Tunisians will snub the poll, few doubt the charter will pass

    The leader of Saied's "new republic" would have ultimate executive power and would appoint a government without the need for a confidence vote in parliament

  • Russia’s Foreign Minister to address Arab League at its headquarters

    The war in Ukraine has caused food insecurity in Arab nations, many of which are heavily dependent on wheat imports...

    Russia's Foreign Minister Sergei Lavrov will meet Arab League head Ahmed Aboul Gheit and representatives of 22 nations.

    On Tuesday, Iranian President Ebrahim Raisi hosted a summit that was attended by his Russian and Turkish counterparts.

  • Saudi Arabia, Jordan review border security cooperation

    Saudi Arabia and Jordan explored enhancing security cooperation in border security, developing human resources and training, and exchanging experiences. Border...

    Border Guard officials of Saudi Arabia and Jordan discuss security cooperation in meeting

    The officials also share experiences and discuss developing human resources at meeting in Jeddah

  • Russia resumes critical gas supplies to Europe via Nord Stream

    Russia on Thursday resumed critical gas supplies to Europe through Germany, reopening the Nord Stream gas pipeline after 10 days,...

    The German government had feared that Moscow would not reopen the pipeline after the scheduled work

    Gazprom has cut flows to Germany via the vital Nord Stream 1 pipeline by some 40 percent in recent weeks

  • UAE, Korea discuss cooperation in food security, health, technology

    Emirati exports to South Korea increased by 34 percent in 2021 compared to 2021, reaching $679 million.

    Emirati exports to South Korea increased by 34 percent in 2021 compared to 2021, reaching $679 million

    The value of non-oil trade between the two countries in H1 2022 amounted to US$1.3 billion, a 19 percent increase compared to the same quarter last year

  • Rights group slams Morocco, Spain over migrant deaths

    Moroccan authorities have said 23 migrants died when some 2,000 people, many from Sudan, stormed the frontier.

    Moroccan authorities have said 23 migrants died when some 2,000 people, many from Sudan, stormed the frontier

    Spanish premier Pedro Sanchez initially blamed "human trafficking mafias" for what he said was "a well-organized violent assault" on the frontier