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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.
  • Oil tanker ablaze off Yemen threatens environmental disaster

    An abandoned tanker carrying more than one million barrels of crude oil could contaminate vast areas of the Red Sea...

    Threatening an oil spill four times the size of the 1989 Exxon Valdez disaster off Alaska

    An attempt by private companies to tow away the burning ship was abandoned because it was "not safe"

  • Gaza agency says Israeli strike kills 40 in humanitarian zone

    Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred"...

    The strike hit Al-Mawasi - in Gaza's main southern city of Khan Yunis - which was designated a safe zone by the Israeli military early in the war

    Israel's military has occasionally carried out operations in and around the area, including a strike in July that it said killed Hamas military chief Mohammed Deif

  • Israeli army orders new evacuation in northwest Gaza

    The vast majority of Gaza's 2.4 million people have been displaced at least once during more than 11 months of...

    Israel has issued numerous evacuation orders during its war against Gaza rulers Hamas

    The evacuation orders have covered most of Gaza's territory, according to the UN

  • Jordanians to vote amid woes over economy and Gaza war

    Jordanians will head to the polls on Tuesday to vote for a new parliament amid widespread frustrations over a lagging...

    A Jordanian killed three Israeli guards at the border crossing between Jordan and the occupied West Bank

    Public debt is approaching $50 billion and unemployment reached 21 percent in Q1

  • Israel’s Gantz says military focus needs to shift to Lebanon

    "We have enough forces to deal with Gaza and we should concentrate on what is going on in the north,"...

    Israel and Iran-backed Hizbollah have been trading near-daily cross-border fire, with the Lebanese militant group saying it is acting in support of its Palestinian ally Hamas

    Gantz said Israel had made a mistake in evacuating much of the north of the country as hostilities with Hizbollah flared following the October 7 Hamas attack

  • Hamas urges US pressure on Israel over Gaza truce

    Palestinian Territories - Hamas called on the United States Thursday to "exert real pressure" on Israel to reach a Gaza...

    The two sides have traded blame over stalling talks for a ceasefire and hostage exchange as Netanyahu faces pressure to seal a deal following the deaths of six Gaza captives

    Hamas's Qatar-based lead negotiator Khalil al-Hayya called on the US to "exert real pressure on Netanyahu and his government" and "abandon their blind bias" towards Israel

  • Israeli aircraft targeted a car in the occupied West Bank. Photo for an illustrative purpose only.

    Israeli airstrike kills five Palestinians in West Bank

    Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

    Israel launched a large-scale offensive across the northern West Bank on August 28, killing 38 Palestinians

    A large number of Israeli troops stormed the Al-Faraa refugee camp in Tubas governorate, where explosions were heard.

  • Pressure piles on Israel’s Netanyahu over Gaza

    Israeli Prime Minister Benjamin Netanyahu faces mounting international and domestic pressure after the killing in Gaza of six captives, with...

    Britain said Monday it would suspend some arms exports to Israel

    A strike a by the Histadrut trade union seeking a hostage deal brought parts of Israel to a standstill

  • Two ships hit off rebel-held Yemeni region: maritime agencies

    The Houthis said in a statement they had targeted the Blue Lagoon with "missiles and drones, and it was directly...

    One attack was claimed by Yemen's Iran-backed Houthi rebels who have targeted ships they say are linked to Israel

    The Joint Maritime Information Center (JMIC) said the first vessel, identified as Panama-flagged tanker Blue Lagoon I, was hit by two ballistic missiles

  • Israel set for general strike after Gaza hostages found dead

    A nationwide strike aimed at ramping up pressure on Israel's government to secure the release of the remaining hostages in...

    Of the 251 hostages seized during Hamas's October 7 attack on Israel, 97 remain captive

    At least 637 Palestinians have been killed in the West Bank by Israeli troops