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Covestro accepts ADNOC takeover bid

The deal values German chemicals group at $13.3bn.

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.
  • Israel firing in Lebanon kills over 200 since start of Gaza war

    Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has witnessed a near-daily exchange...

    Monday saw air strikes and artillery shelling targeting Lebanese border villages

    More than 83,000 Lebanese have been forced to flee their homes since hostilities began

  • Up to 15,000 dead in Sudan’s Darfur town, UN experts say

    The conflict has claimed more than 13,000 lives, according to a conservative estimate by the ACLED analysis group, on which...

    Fighting has raged since last spring between army and rebel paramilitary RSF

    The experts said paramilitaries and their allies "violated international humanitarian law"

  • Israel says 21 soldiers killed in deadliest day of ground war

    "We worked to find the victims until the last hours," military spokesman Daniel Hagari said, indicating the difficulty in extracting...

    Most of the soldiers were killed when rocket-propelled grenade fire hit a tank and a building they were trying to blow up

    Israel's blistering offensive against Hamas in Gaza has killed 25,295 people,, according to the health ministry of the Hamas-run territory

  • Gaza activists urge voters to write ‘ceasefire’ on US primary ballots

    A separate campaign is urging supporters to write Biden's name on the ballot in exactly the same manner that "Vote...

    The group "Vote Ceasefire" says the effort allows Americans to give voice to their anger at the Democratic president over the mounting toll of civilian deaths in Gaza

    "Vote Ceasefire" organizers have not indicated what kind of turnout would constitute a success for the campaign and it is unclear how much affect it will have

  • Israel proposes pause in Gaza fighting to secure hostage deal

    The US news site Axios reported, citing unnamed Israeli officials, that the deal would take place in multiple stages, the...

    The deal would also see the release of a number of Palestinian captives

    The proposal does not include promises to end the war in the Gaza Strip

  • Israeli strikes kills 200 in Lebanon since Gaza war began

    Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has witnessed a near-daily exchange...

    Monday saw air strikes and artillery shelling targeting Lebanese border villages, with a high school damaged in Taybeh near the Israeli border.

    More than 83,000 Lebanese have been forced to flee their homes since hostilities began, according to the International Organization for Migration.

  • Israel pounds Gaza as Netanyahu rejects hostage release deal

    Abdelrahman Iyad, wounded in Gaza and now being treated aboard the French helicopter carrier Dixmude, docked in Egypt, said he...

    While fighting is concentrated in the south it has not ended in the north, where Hamas authorities reported shelling in the Gaza City area and witnesses heard explosions.

    UN agencies have warned of famine and disease as Gazans, at least 1.7m of whom are displaced, struggle with shortages of water, medical care during bombardments.

  • ‘New era for India’: Modi inaugurates temple built over razed mosque

    "Breaking the shackles of slavery, the country should rise, taking lessons from the past," Modi said, speaking outside the temple...

    "January 22, 2024 is not merely a date in the calendar but heralds the advent of a new era", PM Modi said.

    The Temple has been built on grounds where a mosque stood for centuries before it was torn down in 1992 by Hindu zealots incited by members of his party.

  • WHO chief warns pandemic accord hangs in the balance

    Shaken by the Covid-19 pandemic, the WHO's 194 member states decided more than two years ago to start negotiating an...

    But WHO chief Tedros Adhanom Ghebreyesus said the momentum had been slowed down by entrenched positions and "a torrent of fake news, lies, and conspiracy theories".

    Failure to strike an agreement would be "a missed opportunity for which future generations may not forgive us," he said.

  • Africa in debt spiral as restructuring efforts drag on

    Paris, France -- While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa,...

    In 2022, African public debt stood at $1.8 trillion, a 183-percent jump from 2010, having grown at around four times as fast as economic output, according to UN figures.

    Private investors -- including investment funds and pension funds -- have in recent years risen to become the top lender to African nations.