Search Site

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 strike on MSF shelter in Gaza kills two

    According to MSF, the attack killed the daughter-in-law and wife of one of their colleagues, and wounded six people, including...

    Israeli troops fired at the building, which was clearly marked with the MSF logo

    The charity said Israeli forces had been informed of the precise location" of the MSF shelter

  • Israeli air attack kills two in Damascus, says state media

    An Israeli strike on a residential area of Damascus killed at least two people, Syrian state media reported, the latest...

    The Syrian Observatory for Human Rights, a Britain-based war monitor, said that "a Syrian civilian" was killed as well as two foreign nationals.

    An AFP photographer said the strike hit a nine-storey building, with damage centered around the fourth floor and the exterior of building partially blackened.

  • Israelis unsure of ‘absolute victory’ in Gaza, finds poll

    Jerusalem - Despite Prime Minister Benjamin Netanyahu's insistence the Gaza war will end with Israel achieving "absolute victory", a majority...

    The Israel Democracy Institute think tank said only 38.3 percent of Israelis polled believed there was a "very high" or "fairly high" likelihood of an "absolute victory" in war.

    Some 55.3 percent of respondents conversely said there was a "fairly low" or "very low likelihood" of such an outcome. Just over six percent of the 612 respondents were undecided.

  • As truce talks resume in Cairo, people in Gaza suffer from hunger

    Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...

    Combat and chaos again stalled the sporadic aid deliveries for desperate civilians in Gaza.

    The UN World Food Program said it was forced to halt aid deliveries in north Gaza because of "complete chaos and violence".

  • US urges UN court not to order Israel out of Palestinian lands

    The International Court of Justice is holding a week of hearings after a request from the UN, with an unprecedented...

    "The court should not find that Israel is legally obligated to immediately and unconditionally withdraw from occupied territory," said Richard Visek, US State Department advisor.

    "Any movement towards Israel withdrawal from the West Bank and Gaza requires consideration of Israel's very real security needs," he argued

  • Europe’s gas demand at 10-year low, to peak in 2025: report

    The invasion of Ukraine by Russia triggered a massive shift by European nations away from Russian natural gas delivered by...

    IEEFA said that European gas demand has declined by 20% since the start of the Russian invasion

    IEEFA noted that rush to build LNG terminals was continuing despite imports holding steady

  • Iran oil minister blames Israel for gas pipeline sabotage

    Tehran, Iran--Iran said Wednesday that Israel was behind twin sabotage attacks against gas pipelines that disrupted supplies in at least...

    The explosions on February 14 hit pipelines in the cities of Safashahr in the southern province of Fars and Borujen in the southwestern province of Chaharmahal and Bakhtiari.

    The Islamic republic's oil minister Javad Owji told reporters after a cabinet meeting in Tehran that "the explosion of the country's gas lines was the work of Israel"

  • London court rejects suspending arms exports to Israel

    Britain's strategic licensing criteria states that weapons should not be exported when there is a clear risk they could be...

    A coalition of legal advocacy groups had asked the High Court in January to expedite a judicial review of UK government's decision to keep selling arms to Israel

    But the court ruled against the measure, the lawyers said in a statement to AFP on Tuesday, adding that they would appeal the decision

  • Pentagon confirms Houthis shot down drone off Yemen

    The downing of the drone came the same day that the Houthi rebels targeted two US-owned merchant vessels as they...

    A Pentagon official said the drone was shot down by a Houthi surface-to-air missile

    The Houthis that they had targeted "two American ships in the Gulf of Aden"

  • Dutch court upholds $50bn payment award in Yukos case

    THE HAGUE, NETHERLANDS -  A Dutch court quashed an appeal by Russia in a record $50-billion case on Tuesday, paving the...

    The Amsterdam Appeals Court turned down a claim by Moscow that shareholders had "committed fraud" during the arbitration process.

    In 2014 the international Permanent Court of Arbitration (PCA) in The Hague ruled in favor of shareholders,