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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.
  • Blinken returns to Mideast in push for truce

    US Secretary of State Antony Blinken was heading back to the Middle East on Monday to push a ceasefire plan,...

    The US also called for a UN Security Council vote on a truce

    Overall Israel's military offensive has killed at least 37,084 people in Gaza

  • Israel army says senior commander resigns over Oct 7 attack

    Israel's army said Sunday that a senior commander had resigned over what he called his failure to prevent the October...

    Rosenfeld wrote in a resignation letter released by the army: "Everyone has to take responsibility for their part, and I am the one responsible in Division 143."

    "On October 7, I failed my life's mission: to protect the envelope," he wrote, referring to the southern Israeli communities on the border with Gaza

  • US destroys drones, missiles in Houthi-controlled areas of Yemen

    Houthi television channel Al-Massirah meanwhile said there were air strikes in the Yemeni capital Sanaa and elsewhere in the country...

    The Houthis have been targeting vessels in the Red Sea and Gulf of Aden since November 2023 in attacks they say are in solidarity with Palestinians in Gaza

    Houthi attacks have sent insurance costs spiraling for vessels transiting the Red Sea and prompted many shipping firms to take the longer passage around the southern tip of Africa

  • Israel pounds Gaza refugee camp as war enters ninth month

    In a new diplomatic push, US Secretary of State Antony Blinken will visit Israel and key regional partners Egypt, Jordan...

    Efforts to mediate the first ceasefire in the bloody conflict since a week-long pause in November appear to have stalled a week after US President Joe Biden offered a new roadmap

    Hamas has yet to respond to Biden's proposal, while Israel has expressed openness to discussions but remains committed to destroying the Palestinian group

  • Gaza hospital says 37 dead in strike on UN school Israel says used by Hamas

    "The government of Israel has said that they are going to release more information about this strike, including the names...

    The raid came after US, Qatari and Egyptian mediators resumed talks aimed at securing a truce and hostage-captive swap in the eight-month war

    The Israeli military said it had "eliminated" several fighters in a "precise strike on a Hamas compound embedded inside a UNRWA school."

  • Israeli army claims deadly strike on ‘Hamas compound’ inside UN school in Gaza

    The hospital reported an electrical generator failure earlier in the night, which risked complicating the treatment of patients. Prior to...

    Israeli "fighter jets... conducted a precise strike on a Hamas compound embedded inside an UNRWA school in the area of Nuseirat", the army said in a statement

    The Hamas media office said at least 27 people were killed and dozens injured in the strike and taken to Al-Aqsa Martyrs Hospital

  • Qatar PM, Egypt intelligence chief meet Hamas in Doha

    Qatar, with the United States and Egypt, has been engaged in months of negotiations over details for a ceasefire in...

    The lead mediators met with the Palestinian militant group to "discuss a deal for a truce in Gaza and the exchange of hostages and prisoners."

    CIA chief Bill Burns was also expected in Qatar to continue working with mediators to reach an agreement on a cessation of hostilities, the informed source had told AFP

  • Hamas says Israel wants ‘endless’ truce negotiations

    Hamas had told mediators it "cannot agree to a deal that doesn't that does not secure... a permanent ceasefire and...

    The statement came as mediator Qatar said it was awaiting a "clear position" from Israel on a proposed Gaza ceasefire and hostage release deal outlined by US President Joe Biden

    Qatar, along with the United States and Egypt, has been engaged in months of back-and-forth negotiations over details for a ceasefire

  • Israeli strike in South Lebanon kills one

    An Israeli strike targeting a motorcycle in Lebanon killed one person and wounded another, according to the National News Agency...

    The strike targeting a motorcycle in Naqura killed one person and wounded another

    Late Monday, cross-border exchanges set off blazes in border areas of both Israel and Lebanon

  • Trump warns jail time could be ‘breaking point’ for supporters

    In an interview aired Sunday on Fox News, the former president and current Republican White House hopeful acknowledged the possibility...

    The warning will resonate in a country already concerned about the prospect of civil unrest and political harassment in the run-up to the November election

    Trump will now be running as a felon, and he has repeatedly refused to commit to accepting the result should he lose to President Joe Biden