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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.
  • 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

  • Palestinian officials say 12 dead in Israel West Bank raids

    Aqaba residents said Israeli troops arrived at dawn and surrounded the house of Amid Ghanam, leading to clashes between troops...

    Five people were killed in the Jenin area and four in Aqaba town in Tubas district

    The Israeli army said three people were killed and two arrested in another raid

  • US in ‘around-the-clock’ push against Mideast war

    Biden called King Abdullah II of Jordan, which helped down Iranian drones and missiles in an earlier showdown in April,...

    Biden and Blinken engaged in diplomacy to try to ease tensions sparked by a suspected Israeli attack that killed Hamas political leader Ismail Haniyeh

    Biden had been hoping in his final months in office to end the Gaza war and work on clinching a landmark deal between Israel and Saudi Arabia

  • US personnel injured in rocket attack on Iraq base

    US President Joe Biden and Vice President Kamala Harris were briefed on the attack, the White House said. "They discussed...

    The rocket fire is the latest in a series of attacks targeting Ain al-Assad base in western Iraq, which hosts American troops as well as personnel from the US-led coalition

    An Iraqi military source had earlier said that multiple rockets were fired at the base, with some landing inside it and another hitting a nearby village but not causing damage

  • Biden to meet national security chiefs as Mideast war fears grow

    US Secretary of State Antony Blinken told his counterparts from the G7 nations that any attack could happen within 24...

    The United States has deployed extra fighter jets and warplanes to the region to support Israel

    The tensions also appeared to have torpedoed US hopes of any immediate ceasefire

  • Jordan FM meets Iran president as Middle East tensions soar

    The political head of Palestinian group Hamas was killed early on Wednesday in Tehran, where he had attended the inauguration...

    The Jordanian foreign ministry said Safadi would deliver a message from King Abdullah II to the Iranian president

    Iran has held talks with multiple Arab countries including Jordan, Egypt, Oman and Qatar among others since Haniyeh's killing

  • 46,223 structures destroyed, 18,478 severely damaged in Gaza: UNOSAT

    Geneva, Switzerland - The United Nations Satellite Centre (UNOSAT) has identified 46,223 destroyed structures, 18,478 severely damaged structures, 55,954 moderately...

    The governorates of North Gaza and Rafah have experienced the highest rise in damage compared to the May 3, 2024 analysis

    The map shown in the report illustrates a satellite imagery-based comprehensive assessment of damage and destruction to structures

  • Fears of Middle East war grow after Hamas leader’s killing

    Israel on Saturday again traded fire with Hezbollah, carried out a deadly raid in the occupied West Bank, and struck...

    Israel ally the United States said it would move warships and fighter jets to the region, while Western governments called on their citizens to leave Lebanon

    Iran-backed groups from Lebanon, Yemen, Iraq and Syria have already been drawn into the nearly 10-month war between Israel and Palestinian group Hamas in Gaza

  • US to deploy more warships, fighter jets to Mideast

    Defense Secretary Lloyd Austin has also ordered additional ballistic missile defense-capable cruisers and destroyers to the Middle East and areas...

    The announcement comes after Iran and its regional allies vowed retaliation for the killings of a Hamas leader in Tehran and a Hizbollah commander in Beirut

    The aircraft carrier strike group led by the USS Abraham Lincoln will replace one helmed by the USS Theodore Roosevelt in the region, Singh said