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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.
  • Opposition leader in Tunisia faces probe over terror charges

    The leader of Tunisia's opposition party Ennahdha arrived Tuesday for questioning by an investigating judge at an anti-terror center, just...

    The leader of Tunisia's opposition party Ennahdha is facing an anti-terror probe

    The questioning comes days before a hotly contested constitutional referendum

  • Egypt President says world must jointly deal with energy crisis

    Egypt's President Abdul Fattah Al-Sisi underscored the importance of coordination and cooperation among all countries of the world to confront...

    Egypt's President Abdul Fattah Al-Sisi said global coordination and cooperation is necessary to deal with the energy crisis

    He said Egypt is determined to coordinate with friendly countries to tackle tension in its neighborhood

  • Tunisia coastguard says rescued 455 migrants in one night

    National guard units in the north, center, east and south thwarted 37 attempts to cross, Tunisia's maritime borders, the National...

    National guard units in the north, center, east and south thwarted 37 attempts to cross, Tunisia's maritime borders, the National Guard said in a statement

    Tunisia is a key departure point for migrants hoping to reach Europe usually Italy and sea crossing attempts tend to increase during spring and summer

  • Iran hosts Putin, Erdogan for talks overshadowed by Ukraine war

    Iran's president will host his Russian and Turkish counterparts on Tuesday for talks on the Syrian war in a three-way...

    The summit came days after US President Joe Biden visited the Middle East for the first time since taking office, with stops in Iran's regional foes Israel and Saudi Arabia

    All three are involved in Syria, with Iran and Russia supporting the regime of President Bashar al-Assad and Turkey backing rebel forces

  • Tunisia soldier dies in border clash with smugglers

    A Tunisian soldier was killed Monday on the country's southern border during a clash with smugglers trying to transfer vehicles...

    The vehicle occupants opened fire and the patrol responded, prompting the attackers to flee

    Fuel, food products, electronic equipment and other products are smuggled across the border regions between Libya, Tunisia and Algeria

  • Italy PM signs clutch of deal with Algerian president

    Italian Prime Minister Mario Draghi sealed 15 agreements with Algeria's president Monday, ahead of the expected conclusion of another deal...

    Algeria will also increase gas exports to Italy by four billion cubic metres in the coming days

    Italy buys the majority of its natural gas from abroad, with some 45% of its imports coming from Russia

  • WPS Index: Poor show by most MENA countries

    Only the GCC countries score high on the Index that measures women’s inclusion, justice and security in 170 countries. UAE...

    Trends in the WPS Index show that the global advance of women’s status has slowed and disparities have widened across countries, the publishers said.

    Norway was the highest ranking country and Afghanistan the lowest on the Index.

  • UAE, France discuss diesel supply to Europe

    Sheikh Mohamed's visit is expected to conclude with 'the announcement of guarantees given by the UAE on quantities of hydrocarbon...

    A key facet of the trip is likely to be the unveiling of "guarantees given by the UAE on quantities of hydrocarbon supplies to France"

    MOUs and contracts are also expected to be signed in the transport and waste treatment sectors during the three-day visit

  • More deals in sight as UAE-France ties strengthen

    The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various...

    Relations between the UAE and France date back to establishment of the UAE Federation when some French firms such as 'Total' helped UAE explore oil

    The past years witnessed dozens of agreements and MoUs between the two countries in various economic, cultural, military and environmental fields

  • Iran supreme leader pardons, commutes sentences of prisoners

    Iran's supreme leader has pardoned or commuted the sentences of more than 2,200 prisoners, including some on death row, to...

    The supreme leader routinely grants collective pardons on major religious occasions

    The judiciary's website, Mizan Online, said 43 of the prisoners had been sentenced to death