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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.
  • India’s Modi urges peace ahead of historic Ukraine visit

    "It is India's strong belief that no problem can be resolved on a battlefield," Modi said in Poland, a staunch...

    Modi is expected to use his landmark visit to campaign for a "peaceful" solution

    Modi added his country supported "dialogue and diplomacy for restoration of peace and stability"

  • Israel kills top Palestinian militant as Gaza truce talks stumble

    The Israeli military killed a senior Palestinian militant in Lebanon on Wednesday, leading to accusations from the Fatah movement that...

    The strike killed Khalil Maqdah, described by Fatah as "one of the leaders"

    Israeli bombardment elsewhere in Gaza killed at least 24 people on Wednesday

  • Iran probe finds Raisi helicopter crash caused by weather: media

    Iran's army in May similarly said it had found no evidence of criminal activity in the crash that also killed...

    The helicopter carrying 63-year-old Raisi crashed on a fog-shrouded mountainside in northern Iran, killing the president and seven others, and triggering snap elections

    Fars news agency, quoting an informed security source with knowledge of the conclusions of the probe, said overloading was also behind crash

  • Blinken presses Hamas to back Gaza truce but sees gaps with Israel

    Doha, Qatar - Top US diplomat Antony Blinken appealed Tuesday to Hamas urgently to accept a ceasefire plan to ease suffering...

    The US secretary of state closed his ninth wartime trip to the region in which he warned that the US-backed truce proposal may be the "last chance" to broker an end the conflict

    The United States last week presented ideas to bridge gaps and, through Qatar and Egypt, has pressed heavily on Hamas to accept and return to talks this week in Cairo

  • US says Iran responsible for Trump campaign hack

    The statement from the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the...

    Trump's campaign said on August 10 that it had been hacked, blaming "foreign sources" for distributing internal communications and a dossier on running mate J.D. Vance

    Trump's campaign implied Iran was behind the move as news outlet Politico reported it had received emails with campaign material from a source who refused to identify themselves

  • Blinken says Israel backs US proposal in ‘last’ chance for Gaza truce

    Blinken, on his ninth visit to the Middle East since Hamas's October 7 attack triggered the war with Israel, said...

    Ahead of those talks, Hamas called on mediators to implement a framework outlined in late May by US President Joe Biden, rather than hold more negotiations

    The movement on Sunday said the bridging proposal "responds to Netanyahu's conditions" and leaves him "fully responsible for thwarting the efforts of the mediators."

  • Blinken in Israel as under-pressure Netanyahu blames ‘obstinate’ Hamas

    Making his ninth trip to the Middle East since the Gaza war began when Hamas attacked Israel in October, the...

    Ahead of Blinken's visit, the foreign ministers of Britain and France were on Friday also in Israel to stress the urgency of a Gaza deal

    Ahead of the truce talks in Doha last Thursday and Friday, Hamas called on mediators to implement the Biden framework rather than holding more negotiations

  • Putin in Azerbaijan for state visit amid Ukraine offensive on Russian soil

    Aliyev and Putin will sign joint documents and make statements to the press, said Russian agency Ria Novosti. On Monday,...

    His visit to the Caucasus country, a close partner of Moscow, comes against the backdrop of an unprecedented Ukrainian military offensive on Russian soil

    Putin is due to hold talks with his Azerbaijani counterpart Ilham Aliyev on bilateral relations and "international and regional problems," the Kremlin said

  • Unnerved and exposed, Trump struggles to regain campaign mojo

    Washington, United States - Donald Trump has never lacked for self-confidence, but his presidential campaign has been sent into a tailspin...

    President Biden's exit has been particularly impactful, removing a rival whose 81 years, faltering speech and physical frailties had largely shielded Trump from scrutiny

    Now it is Trump, 78, who is the oldest presidential nominee in history, and the point of comparison is a 59-year-old former prosecutor who has come out fast and swinging

  • Hamas rejects ‘new’ Gaza truce conditions as Biden says deal closer than ever

    Egyptian, Qatari and US mediators have been seeking to finalize details of a framework initially outlined by Biden in May,...

    US Secretary of State Antony Blinken is to travel to Israel this weekend to advance the latest proposal, the State Department said

    Egyptian, Qatari and US mediators have been seeking to finalise details of a framework initially outlined by Biden in May, and which he said Israel had proposed