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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.
  • Ceasefire calls mount as Israeli troops on alert for Lebanon incursion

    International calls for restraint mounted Wednesday after Israel's army chief told soldiers to prepare for a possible ground offensive against...

    Israeli strikes on Lebanon killed 72 people on Wednesday

    Biden met with French President Emmanuel Macron at the UN General Assembly to discuss ceasefire efforts

  • Paramedics attend to a child with an injured leg at a temporary reception shelter for people displaced by conflict, in Lebanon's northern city of Tripoli on September 25, 2024. (AFP)

    Diplomacy fails Lebanon: Biden hints all-out-war while Israel plans ground invasion

    Israel's army chief told troops on Wednesday to be prepared for possible entry into Lebanon as Israeli fighter jets bombarded...

    Israel asks its troops to get ready for a possible ground offensive in Lebanon as diplomacy fails to achieve peace

    Over 90,000 people are displaced while more than 700 killed and over 5,000 are wounded since Israel' pager attacks in Lebanon

  • Turkish President Recep Tayyip Erdogan (left) with his Russian counterpart Vladimir Putin during a meeting a few months ago. (File)

    Putin expects Türkiye’s Erdogan to attend BRICS summit in Russia

    Russian President Vladimir Putin said Wednesday he expected his Turkish counterpart Recep Tayyip Erdogan to attend a BRICS summit in...

    Putin says he was due to meet Erdogan on October 23 - a day after the start of the BRICS summit in Russia's Kazan

    "Our president has many times stated that we want to become a BRICS member," says Turkish main political party

  • HRW says Israeli strikes on Lebanon putting civilians ‘at grave risk’

    United Nations "member states should take urgent action to establish an independent inquiry into violations during the current hostilities", said...

    Israeli raids on Lebanon on Monday killed at least 558 people

    "More than 1,000 Israeli strikes across Lebanon that have killed hundreds of people and injured thousands" this week

  • Biden warns at UN against ‘full-scale war’ over Lebanon

    Biden also pushed again for an elusive ceasefire between Israel and Hamas, telling the global body it was time to...

    The UN General Assembly, the high point of the diplomatic calendar, comes as Lebanese authorities say Israeli strikes killed 558 people -- 50 of them children

    "Full-scale war not in anyone's interest. Even though the situation has escalated, a diplomatic solution is still possible," Biden said in his farewell address to the global body

  • UN chief warns Lebanon on ‘brink’ as world leaders gather

    Top United Nations officials have expressed deep concerns over the violent Lebanon-Israeli situation that has resulted in the deaths of...

    Lebanese authorities say Israeli strikes killed 558 people - 50 of them children

    "Lebanon is at the brink," UN Secretary-General said

  • Nearly 500 dead in Israeli strikes on Hezbollah strongholds in Lebanon

    Israeli air strikes on Lebanon killed at least 492 people on Monday, including 35 children, Lebanon's health ministry said, marking...

    Israel said it killed a "large number" of Hezbollah militants when it hit about 1,600 sites in southern and eastern Lebanon

    EU foreign affairs chief Josep Borrell warned that Israel and Hezbollah were "almost in full-fledged war"

  • Hamas weakened, not crushed a year into war with Israel

    The Palestinian group has not been crushed outright, and a year on from its unprecedented attack on Israel, an end...

    In one of the biggest blows to the movement since it was founded in 1987 during the Palestinian intifada uprising, Hamas's leader Ismail Haniyeh was assassinated in Iran on July 31

    On the Gaza battlefield, Israeli forces have aggressively pursued both Sinwar and Hamas military chief Mohammed Deif, whom Israel says it killed in an air strike

  • UN Secretary-General Antonio Guterres speaks during an event on “The Inclusion of Women in the Future of Afghanistan” on the sidelines of the United Nations General Assembly at UN Headquarters in New York City on September 23, 2024. (AFP)

    World leaders gather at UN as Mideast tensions explode

    Escalating clashes between Israel and Hezbollah threatened to overshadow US President Joe Biden's final appearance at the UN's signature annual...

    UN Security Council member France called for an emergency meeting on the crisis engulfing the Middle East

    Top diplomat of European Union Josep Borrell warned, "we are almost in a full-fledged war" about the Lebanon-Israel situation

  • US President Joe Biden

    Biden’s United States powerless as Israel pounds Lebanon

    US President Joe Biden's top priorities for the past 11 months has been to prevent the Gaza war from spiraling...

    Biden administration was presenting "concrete ideas" to provide an "off-ramp" to prevent further fighting at UN

    Israeli Prime Minister Benjamin Netanyahu brushed aside warnings of the dangers of regional war