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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.
  • 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

  • Yemen’s Houthis blew up stranded oil tanker: video

    Rebel chief Abdul Malik al-Houthi on Thursday said his forces had "stormed" the tanker earlier this week. He added in...

    The group's leader said the operation took place earlier this week. Since then, the rebels have agreed to allow rescue teams to access the ship

    A video shared on the rebels' media outlets showed masked men planting explosives on the vessel and then detonating them, causing several fires on board

  • Yemen’s Houthis agree to temporary truce to secure stranded oil tanker

    The vessel had departed from Iraq and was destined for a port near Athens, carrying 150,000 metric tons of crude...

    The Greek-owned Sounion was hit by the Tehran-backed group off the coast of Hodeida last week, sparking fires and the evacuation of its crew

    In a statement, the Houthis previously said the Sounion "belongs to a company that has ties with the Israeli enemy" and was "accurately and directly hit" with drones and missiles

  • Turkey, Azerbaijan hope for ‘lasting peace’ in South Caucasus

    Years of diplomacy between the Caucasus rivals Azerbaijan and Armenia had failed to reach a breakthrough, but negotiations have resumed...

    Top diplomats from Turkey and Azerbaijan held talks in the capital Ankara on several sticking issues including ongoing peace negotiations between Baku and Yerevan

    The Caucasus rivals fought two wars -- in the 1990s and in 2020 -- over control of Nagorno-Karabakh, which had been predominantly populated by ethnic Armenians

  • Iran former top diplomat Zarif returns to VP post

    "After the follow-ups and consultations conducted by the president and with his written order, I will continue to exercise my...

    Pezeshkian named Zarif as his vice president for strategic affairs on August 1, but the former top diplomat resigned less than two weeks later

    Conservatives in Iran have criticised Pezeshkian for choosing Zarif, who became known for his vital role in negotiating the landmark 2015 nuclear deal

  • Egypt says will not accept Israeli force on its Gaza border: state-linked media

    Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...

    A key sticking point in the ceasefire talks have been calls for Israel to withdraw its forces from the border area, including the Rafah crossing

    Israeli forces seized the Palestinian side of the Rafah crossing in early May, a move that has cut off a crucial aid route and drawn repeated condemnation from Egypt

  • Israel strikes Lebanon, says thwarted large-scale Hizbollah attack

    The result was perhaps the biggest exchange of fire in 10 months of a war which began with a Hamas...

    Hizbollah, the powerful Iran-backed Lebanese armed group, denied that thousands of launchers had been destroyed or that Israel had thwarted a larger attack

    Israeli Prime Minister Benjamin Netanyahu told his cabinet the strikes were "not the final word" in the campaign against Hizbollah

  • Israeli defence minister declares 48-hour state of emergency

    "The declaration on the state of emergency enables the IDF (Israeli military) to issue instructions to the citizens of Israel,...

    "I hereby declare a special situation on the home front in other areas of the country. The situation is valid for 48 hours starting at 6:00 am," Gallant said

    In a separate statement, the defence ministry said Gallant briefed US Secretary of Defence Lloyd Austin on the overall situation

  • Harris bats for nuance on Gaza, Palestinians’ right to ‘freedom, self-determination’

    Harris also pledged to "always stand up for Israel's right to defend itself." Some pro-Palestinian activists, who rallied on the...

    The US Democratic candidate vowed to "not cozy up to tyrants and dictators" who can flatter Trump as he "wants to be an autocrat himself."

    Harris won the biggest applause lines in her foreign policy section when she spoke of the suffering of Palestinians

  • The Gaza mothers separated from their newborns by war

    Jerusalem, Undefined - As their first birthday approaches, the triplets Gaza-native Hanane Bayouk gave birth to in Jerusalem before the war...

    Israeli travel restrictions and the ongoing conflict have left Palestinian mothers from Gaza struggling to access their children in Jerusalem

    The number of births at the hospital has fallen sharply as Israel has stopped issuing travel permits to mothers from Gaza and slashed the number given to mothers