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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.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.
  • Demonstrators mourn the death of Hassan Nasrallah, late leader of the Lebanese group Hezbollah, at a protest rally in the central business district of Sydney on September 29, 2024. (AFP)

    How Israel killed Hezbollah leader Hassan Nasrallah?

    Israel has been planning for months to kill Hezbollah leader Hassan Nasrallah in south Beirut. Reports say Israeli PM approved...

    Exploding devices, which Israel has not claimed, killed at least 39 people, wounded almost 3,000 and "threw Hezbollah's communications back to the stone age

    Senior officials say that "more than 80 bombs were dropped over a period of several minutes to kill" Hassan Nasrallah

  • Protesters in Paris wear Lebanese flags during a demonstration in support of Lebanese people. (AFP)

    UN sends emergency food aid for one million Lebanese amid fresh Israeli attacks

    The World Food Program says it had launched an emergency operation to provide meals for one million people affected by...

    Lebanon's health ministry said Israeli air strikes killed 21 people on Sunday in east Lebanon

    "During the intelligence-based strikes, the (air force) struck approximately 120 Hezbollah targets in southern Lebanon"

  • Trump launches into ‘dark speech’ on illegal immigration

    Anti-immigrant sentiment has been at the core of Trump's appeal in economically depressed, majority-white parts of the country ever since...

    Trump was seeking to strike back at Harris after she visited the US-Mexico border on Friday and vowed to do more to control asylum claims

    The issue is one of the Democratic vice president’s weakest in polling, as she runs neck-and-neck against Trump in the November 5 election

  • Retaliation or defeat: Hezbollah at crossroads after Nasrallah’s killing

    Widely seen as the most powerful man in Lebanon before his death of Friday, Nasrallah was the face of Hezbollah...

    Widely seen as the most powerful man in Lebanon before his death of Friday, Nasrallah was the face of Hezbollah and Israel's arch-nemesis for more than 30 years

    But Nasrallah's killing in Hezbollah's southern Beirut bastion known as Dahiyeh was the culmination of two weeks of unprecedented blows to the Iran-backed group

  • A man checks the destruction at a factory targeted in an overnight Israeli airstrike in the town of Chouaifet south of Beirut on September 28, 2024. (AFP)

    Death of Hassan Nasrallah in Beirut an inflection point in the Middle East conflict

    Rarely seen in public, Nasrallah enjoyed cult status among his supporters and was the only man in Lebanon with the...

    Palestinian group Hamas and Iranian Supreme leader Khamenei condemn the killing of Nasrallah in Israeli strikes

    Israeli military says "most of the senior leaders of Hezbollah have been eliminated" in Lebanon

  • Biden ready to ‘adjust’ US forces in Mideast amid tensions: White House

    Washington, United States - President Joe Biden ordered US forces in the Middle East to be adjusted "as necessary," the White...

    The US president, who traveled to his beach house in Delaware on Friday, had been briefed several times by his national security team, the White House added

    Biden had earlier confirmed that "the US had no knowledge of or participation in the (Israeli) action," adding in remarks to reporters that, "We're gathering information."

  • Tens of thousands protest against Lebanon ‘bloodbath’ in Iran, Yemen

    The demonstrations in Tehran and other Iranian cities were responding to a call by authorities on Wednesday to demonstrate in...

    Hezbollah is part of the "axis of resistance," Iran-aligned armed groups across the Middle East that have targeted Israel, and also US forces

    The alliance also includes Yemen's Houthi rebels who organized a demonstration by tens of thousands in the capital Sanaa on Friday a day after firing a missile at Israel

  • European Union foreign policy chief Josep Borell speaks during a debate at the European Parliament in this file photo. (AFP)

    Helpless! Top EU diplomat regrets failure to ‘stop’ Netanyahu

    EU foreign affairs chief Josep Borrell voiced regret Friday that no power, including the United States, can "stop" Israeli Prime...

    EU foreign affairs chief Josep Borrell says no power, including the United States, can "stop" Israeli Prime Minister Benjamin Netanyahu

    "What we do is to put all diplomatic pressure to a ceasefire, but nobody seems to be able to stop Netanyahu.."

  • Israel defies ceasefire calls and vows to keep battling Hezbollah

    "There will be no ceasefire in the north. We will continue to fight against the Hezbollah terrorist organization with all...

    Israeli bombing of Iran-backed Hezbollah strongholds around Lebanon has killed hundreds of people this week, while the militant group has retaliated with rocket barrages

    Israeli Prime Minister Benjamin Netanyahu's office said he had "not even responded" to the truce proposal, and that he had ordered the military to continue fighting

  • US offers $20 mn for info on Iranian behind Bolton assassination plot

    Washington, United States- The US State Department announced a $20 million reward on Thursday for information leading to the arrest of...

    US officials said in August 2022 that they had uncovered a plot by Shahram Poursafi, a member of Iran's IRGC to kill Bolton who served as NSA to former president Trump

    The State Department's "Rewards for Justice" program "is offering a reward of up to $20 million for information leading to the arrest or conviction" of Poursafi, a notice said