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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

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.
  • Qatar to host high-stakes Gaza ceasefire talks

    US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...

    US, Qatari and Egyptian mediators have invited Israel and Hamas for negotiations aimed at ending fighting that has killed nearly 40,000 Palestinians

    Israel confirmed it would attend, though it remained unclear if Hamas, whose October 7 attack on Israel triggered the war, planned to participate

  • In Beirut, US envoy says ‘no more time to waste’ on Gaza ceasefire

    US envoy Amos Hochstein's Lebanon trip comes a day before ceasefire negotiations between Hamas and Israel are set to resume

    Hochstein and Nabih Berri discussed "the framework agreement that's on the table for a Gaza ceasefire

    Hezbollah has repeatedly said it would only end hostilities once a Gaza ceasefire deal has been reached

  • Explosions reported near two ships off Yemen

    Two ships reported nearby explosions on Tuesday off the coast of Yemen, maritime security agencies said, though neither event resulted...

    The first vessel was identified as the Liberia-flagged crude oil tanker Delta Atlantica

    The second ship was identified as the Panama-flagged crude oil tanker On Phoenix

  • Israel PM and defence minister clash over Gaza hostage deal

    "When Gallant adopts the anti-Israel narrative, he harms the chances of reaching a hostage release deal," Netanyahu said, adding that...

    Gallant was discussing the choice Israel faced between a ceasefire deal that could end the conflicts in the north with Lebanese Hezbollah and in Gaza, and escalating the war

    "I and the defence establishment support the first option," he said, rather than talk of "'total victory' and all that nonsense", a phrase frequently used by Netanyahu

  • Fitch lowers Israel’s credit rating amid economic strain from Gaza conflict

    San Francisco, United States - US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict...

    Fitch said that the conflict continuing into next year would force Israel to continue its high spending on military

    Israel has also exchanged near-daily cross-border fire with Hezbollah in Lebanon, forcing Israelis to be evacuated from the northern border region

  • Middle East War

    West tells Iran to ‘stand down’ Israel attack threats; Tehran says ‘no way’

    With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...

    Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr

    The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week

  • Yunus says Bangladesh is experiencing a ‘student-led revolution’

    Hasina fled by helicopter as protesters flooded Dhaka's streets in a dramatic end to her long rule. Her government was...

    "This is a revolution, a student-led revolution," new interim leader Muhammad Yunus said

    Yunus, 84, arrived back in Bangladesh from Europe on Thursday

  • US orders carrier group to hasten Middle East arrival

    He said Austin, who spoke with his Israeli counterpart Yoav Gallant on Sunday, had also ordered the USS Georgia guided missile...

    US Defence Secretary Austin ordered the aircraft carrier strike group led by the USS Abraham Lincoln, and equipped with F-35 fighters, to "accelerate its transit" to the region

    The United States announced last week that it was deploying the strike group, as well as additional ballistic missile defense-capable cruisers and destroyers

  • Israel faces anger over Gaza school strike rescuers say killed 93

    Mahmud Bassal, spokesman for the civil defence agency, said 11 children and six women were among the 93 who died...

    The bombardment of Al-Tabieen religious school and mosque drew criticism from across the Middle East and beyond alongside calls for a ceasefire

    Civil defence rescuers in the Hamas-ruled territory said three Israeli missiles hit the complex in Gaza City while people were performing dawn prayers

  • Hamas names Sinwar new chief as region braces for Iran retaliation against Israel

    Iran blames Haniyeh's death on Israel and has vowed to avenge him, while Hamas's Lebanese ally Hizbollah has also pledged...

    The announcement came with the Middle East on edge as it awaited Iran's retaliation over the killing of Haniyeh in Tehran

    Sinwar, who has been Hamas's leader in Gaza since 2017 - with Haniyeh living in Qatar - has not been seen since the October 7 attack