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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.
  • Pakistan greenlights construction of long-awaited Iran-Pakistan gas pipeline

    Tehran, Iran -  Pakistan has decided to link the gas pipeline from the country's Gwadar port city to the Iranian...

    According to Pakistani media, the country will expedite the project, which faced significant delays, in two phases

    Iran had previously given Pakistan a 180-day deadline until September 2024 to start completion of the pipe-laying work

  • US downs three Houthi drones, strikes anti-ship missiles

    Yemen's Iran-backed Houthis have been targeting shipping for months and their attacks have persisted despite repeated American and British strikes...

    CENTCOM said US forces destroyed "seven Iranian-backed Houthi mobile anti-ship cruise missiles that were prepared to launch towards the Red Sea."

    US Central Command said those strikes , carried out between 12:30 p.m. and 7:15 p.m. Sanaa time, were made in self-defense

  • US warns of environmental disaster from cargo ship hit by Houthi rebels

    The attack on the Rubymar represents the most significant damage yet to be inflicted on a commercial ship since the...

    Rubymar, British-registered and Lebanese-operated cargo ship was damaged in a Sunday missile strike claimed by the Houthis

    US Central Command said the ship is anchored but slowly taking on water and has left an 18 mile oil slick

  • Netanyahu plan for post-war Gaza draws US criticism

    The plan lays out that, even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza...

    The new plan came after an Israeli delegation arrived in Paris hoping to "unblock" truce discussions

    Netanyahu's plan envisages civil affairs in a post-war Gaza being run by Palestinian officials without links to Hamas

  • WTO reforms essential to meet global challenges

    “Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a...

    WTO’s 13th Ministerial Conference: Scheduled in Abu Dhabi, aims to address global challenges and reforms.

    Japanese Minister Yoko Kamikawa stresses the need for WTO to transform and tackle global issues effectively.

  • New Delhi confirms few Indians involved with Russian army

    New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for...

    A newspaper reported on Wednesday that around 18 Indians were stranded in various border towns along the frontlines of Russia's war in Ukraine.

    Its report alleged that Indians had been conned by Dubai-based recruiters with promises of high wages and a Russian passport.

  • Israel plans to allow local Palestinians administer post-war Gaza

    "The plan states that Israel will move forward with its already-in-motion project to establish a security buffer zone on the...

    The proposal, which Netanyahu submitted to his security cabinet late Thursday, would also see the Israeli army persisting in its war on Hamas until it achieves key goals.

    Even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza, according to the plan.

  • Expelled from France, imam vows to challenge decision in court

    Soliman, Tunisia - A Tunisian imam expelled from France for alleged hate speech said on Friday he would take legal action...

    Mahjoub Mahjoubi, from the town of Bagnols-sur-Ceze in the south of France, denounced his removal as "arbitrary"

    He was expelled on the charges of giving a sermon that had "retrograde, intolerant and violent" image of Islam

  • American spaceship lands on moon, images expected soon

    The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...

    The Houston-based company's stock price soared by 40 percent in early trading before paring back to 24 percent.

    Intuitive Machines said Odysseus, which is the size of a large golf cart, is upright.

  • Price of natural gas in Europe falls to a 3-year low

    LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...

    Gas reserves, which are usually drawn down during winter for heating, are at 64.7 percent of storage capacity on average in the European Union.

    Gas prices soared in 2022 and into 2023 as Russia's invasion of Ukraine made EU countries limit consumption and diversify their sources of supply.