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Masdar acquires Saeta Yield

The deal is estimated to be valued at $1.4 billion.

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.

ADNOC Distribution H1 dividend $350m

The total dividend for 2024 is expected to be $700 million.

TAQA launches new corporate identity

Abu Dhabi Energy Services will be renamed as TAQA Services.

Rightmove rejects £5.6bn Murdoch bid

The property website said the bid was undervalued.
  • EU seeks 90 percent drop in greenhouse emission by 2040

    Strasbourg, France - The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the...

    The 27-nation European Union is already working towards an interim target of cutting greenhouse gas emissions by 55 percent by 2030.

    However, rising discontent could deal it a tougher time in trying to get the 2040 goal of 90 percent cuts adopted.

  • Iran agricultural, food exports hit US$4.8bn in 10 months

    TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...

    Of this amount, 4,944,481 tons worth $2,930,585,728 were dedicated to the export of agricultural products.

    While 1,133,710 tons worth US$931,961,158 were dedicated to the export of food products.

  • Saudi Arabia’s air defense commander examines Russia’s S-350, S-400 systems

    RIYADH, SAUDI ARABIA – The Commander of the Royal Saudi Air Defense Force Lieutenant-General Mazyad bin Suleiman Al-Amr has inspected...

    The Royal Saudi Air Defense Force Commander saw various radars from the Almaz-Antey air defense concern.

    The commander visited the stands of Russian defense industry companies and paid special attention to the air defense systems.

  • Hamas hands response to Gaza truce deal to Egypt and Qatar

    Hamas has for more than a week mulled the deal drawn up in its absence at Paris talks, as international...

    Qatari Prime Minister Mohammed bin Abdulrahman Al-Thani said Doha had received a "positive" response from Hamas to the truce plans.

    US Secretary of State Antony Blinken said he would bring a response from Hamas on a hostage deal to Israel on Wednesday and called it "essential" to move ahead.

  • UAE, Russian Presidents discuss regional and global developments

    ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone to President of the Russian Federation...

    Sheikh Mohamed reiterated the UAE's steadfast commitment to promoting peace and stability both regionally and globally.

    The UAE and Russian Presidents discussed several issues of mutual interest, with a particular focus on the Ukraine conflict.

  • Halting funding to UNRWA perils Middle East stability: Arab League

    Cairo, Egypt -- The potential termination of the UN Relief and Works Agency for Palestine Refugees in the Near East...

    According to the Arab League secretary general, "the desire of some countries to exclude the role of UNRWA by suspending its funding is a moral, humanitarian and security mistake."

    He said this "dangerous trend" is consistent with the position of right-wing parties in Israel, which have always sought and are still seeking to limit UNRWA's activities.

  • Three killed in attack outside court in Turkey, says minister

    ISTANBUL, TURKEY - Turkish police on Tuesday shot dead two assailants from a leftist organization, branded "terrorists" by authorities, who attacked...

    Turkey's Interior Minister Ali Yerlikaya said the assailants were members of the Revolutionary People's Liberation Party-Front (DHKP-C).

    The group, considered a terrorist organization by the United States, has been fighting US influence in the Middle East and across the world.

  • 4,895 students killed, 400 schools damaged in Palestinian territories

    The Palestinian Ministry of Education said more than 4,851 students were killed by Israeli forces in Gaza, while 8,227 others...

    The Ministry said that 239 teachers and administrators were killed and 836 were injured in the Gaza Strip and six were injured and more than 71 detained in the West Bank.

    Nearly 90% of government school and education buildings were directly or indirectly damaged, while 29% were damaged to an extent that they are not operational anymore.

  • British-owned cargo ship hit by drone off Yemen in latest Houthi attack

    Houthi military spokesperson Yahya Sarea said last week that the movement's armed forces had targeted an American merchant ship named...

    According to British firm Ambrey, the Barbados-flagged ship "reportedly incurred minor damage on the port side" in an attack west of Hodeida

    Houthi rebels, who control much of Yemen, have been harassing Red Sea shipping for months in protest against the Israel-Hamas war

  • WEF24: Scaramucci calls for reform in US politics

    US politics need reform, strategic foresight, and principled governance to address domestic and global challenges, says noted American financier Anthony...

    US politics need reform, strategic foresight, and principled governance to address domestic and global challenges, says noted American financier Anthony Scaramucci.

    Scaramucci tackles issues like the 'weaponization of the dollar,' lobbying influences, and power concentration in the US during a TRENDS-hosted panel session.