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‘TAQA’ prices $1.75bn dual tranche

The 12-year senior unsecured notes are sized $850m.

Samsung says planning job cuts

The layoffs could affect about 10 percent of the workforce.

GM reports US sales dip, that of EVs grew

The big Detroit automaker reported 659,601 US sales during the period.

Covestro accepts ADNOC takeover bid

The deal values German chemicals group at $13.3bn.

Masdar acquires Saeta Yield

The deal is estimated to be valued at $1.4 billion.
  • Ships violating seafarers’ rights can’t enter UAE waters

    The country launches 'Supporting Our Blue Army' initiative that will seafarers overcome the challenges arising out of the pandemic, travel...

    Launch of ‘Supporting Our Blue Army’ initiative to protect rights of seafarers with ship owners and companies.

    Expected to have global impact, it will also help seafarers overcome the challenges arising out of the pandemic, travel restrictions.

  • Hezbollah chief vows ‘proportionate’ response to any Israel air strike

    Hezbollah leader Hassan Nasrallah described the air strikes this week as a 'very dangerous development'

    Hezbollah leader Hassan Nasrallah described the air strikes this week as a 'very dangerous development'

    Israel carried out its first air raids on Lebanese soil in years on Thursday, prompting Hezbollah to fire rockets back at the Jewish state the following day

  • Aramco likely to post bumper profit for Q2

    Aramco is expected to post a bumper profit for the second quarter of this fiscal on the back of high...

    Bank of America predicts a net profit of $24 billion in the second quarter, up 16 percent from the previous three months

    JPMorgan estimates $23.7 billion, while Alrajhi Capital is expecting Aramco to report $25.3 billion

  • Israeli foreign minister to visit Morocco

    Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United...

    Lapid’s visit comes after the first direct commercial flights between Israel and Morocco were launched in July

    Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United Arab Emirates, Bahrain and Sudan

  • G7 blames Iran in deadly tanker attack, US releases ‘evidence’

    The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday

    The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday

    Iran has strongly denied having any link to the attack on the M/T Mercer Street

  • OIC panel urges cooperation in post-Covid affairs

    Member states urged to work alongside regional and international stakeholders to devise people-centered policies.

    Member states urged to work alongside regional and international stakeholders to devise people-centered policies.

    Stress laid on cooperation with political, religious, and community leaders to foster universal human rights values.

  • US extends Iraq’s sanction waiver for four months

    The extensions follow a visit to Washington by Iraqi Prime Minister Mustafa al-Kadhemi to meet US President Joe Biden.

    The extensions follow a visit to Washington by Iraqi PM Mustafa al-Kadhemi to meet President Biden

    Iraq buys gas and electricity from neighbouring Iran to supply about a third of its power sector

  • 47 metric tons of medical supplies from UAE arrive in Tunisia

    The supplies that included respirators and oxygen cylinders were sent by two cargo planes.
  • Israel can ‘act alone’ against Iran after ship attack: Bennet

    Bennett said Israel had shared intelligence with the United States, Britain and others also tying Iran to the attack.
  • Year after Lebanon blast, children still in distress: UN

    Nearly one in two adults also showing signs of psychological distress, according to UNICEF survey of 1,200 families.