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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Algeria’s Sonatrach signs deal to restart Libya operations

    The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar.

    The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar

    The Sonatrach statement said the oil and gas giant planned to “redouble efforts for a swift return” to its activities in Libya

  • EU chief unveils 150-bn-euro investment plan for Africa

    The scheme is the first regional plan that seeks to mobilise up to 300 billion euros ($340 billion) for public...

    The scheme is the first regional plan that seeks to mobilise up to 300 billion euros ($340 billion) for public and private infrastructure around the world by 2027

    Seen as a response to China's Belt and Road initiative, the strategy will use funding from EU institutions and member countries to leverage private-sector investment

  • Lebanon bars Bahrain opposition from holding Beirut events

    On Thursday, Lebanese Interior Minister Bassam Mawlawi said he was banning ‘two events’ organized by Bahraini opposition figures.

    The decision comes weeks after Lebanon ordered the expulsion of members of Bahrain's leading opposition party, Al-Wefaq

    The party had held a news conference in Beirut that had irked authorities in the Gulf kingdom, where it is banned

  • Arab Economic and Social Council backs Saudi bid to host Expo 2030

    The League called upon the Arab countries to contribute to mobilizing international support for the Kingdom’s request to host the...

    The League called upon the Arab countries to contribute to mobilizing international support for the Kingdom’s request to host the exhibition

    The League held 109th ministerial session of the Economic and Social Council of the Arab League, which was held Thursday at the headquarters of the Arab League

  • US President under pressure as Iran nuclear talks resume

    The subject of the Iran nuclear deal has been somewhat on mute in Washington after 10 months of indirect talks...

    Supporters and opponents of the agreement have been making their voices heard in Washington in recent days

    US negotiator Rob Malley on Wednesday gave a closed-door briefing to the US Senate on the topic

  • Sheikh Khaled and Prince William discuss global sustainability initiatives

    Chairman of Abu Dhabi Executive Office Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Prince William of the UK...

    The two were briefed on Environment Agency - Abu Dhabi's (EAD's) ongoing work to protect the environment and enhance biodiversity.

    The initiative marks Prince William's visit, aiming to establish the emirate as a leading global center for research and innovation.

  • Turkey eyes cooperation in agriculture sector with Iraq, says minister

    Turkey wants joint cooperation with Iraq regarding the exchange of products, its Minister of Agriculture and Forestry Bekir Pakdemirli said....

    Tuekey suffers from lack of water, climate change and migration for several reasons, including wars and clashes

    Turkish minister discussed with the Iraqi Minister of Agriculture, cooperation in the agricultural field

  • Saudi fund signs debt deferral MoU with Cameroon

    The debt deferral agreement has been signed in line with the G20 initiative of 2020 led by Saudi Arabia which...

    Saudi Fund for Development has signed agreement to postpone the debt owed for development projects in Cameroon

    The agreement signed between two party reschedules debt on Cameroon over a period of 6 years

  • 12 injured in foiled Houthi drone attack on Saudi Arabian airport

    Fragments fell to the ground after the interception of the drone over Abha International Airport, which has previously been targeted...

    The Iran-backed insurgents, fighting a Saudi-led coalition since 2015, have frequently launched drone attacks at Saudi targets including airports and oil installations.

    In recent months, they have also targeted the UAE with deadly cross-border attacks for the first time, after suffering a series of battlefield defeats.

  • Saudi Arabia, Pakistan sign MoU for cooperation on environment

    The MoU was co-signed by the Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli and Pakistan Minister for Climate...

    The MoU was co-signed by the Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli and Pakistan Minister for Climate Change Malik Amin Aslam

    The envitronment aims at boosting joint action in the fields of developing green cover, combating desertification, planting trees, protecting the environment etc

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