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Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

DEWA profit after tax $789m

It will pay $843m in H1 dividend.
  • Israel-Gaza conflict won’t impact Riyadh FII summit outcome: CEO

    Riyadh, Saudi Arabia -- The tragic developments in Gaza won't have a huge impact on the overall outcome of the FII summit in Riyadh, according to the CEO of the FII Institute Richard Attias.In a virtual press conference, Attias said the seventh Future Investment Initiative (FII) will be very inclusive...
  • Biden to address nation on Israel, Ukraine as crises mount

    The US president trod a tightrope on his wartime visit to Israel, with key Arab allies Jordan and Egypt calling off a meeting in Amman with him over a deadly strike on a Gaza hospital. Hamas says Israel was to blame for the strike, which sparked fury across the Muslim...
  • Markets in retreat on growing fears of Middle East war

    With Benjamin Netanyahu building up a huge force ahead of an expected land incursion into Gaza, Iran has warned of a possible pre-emptive strike and called for an oil embargo against Tel Aviv. President Joe Biden was due to make a television address on the crisis later in the day,...
  • Xi says China to work with Egypt to help stabilize Middle East

    Xi met Egypt's Mostafa Madbouli in Beijing on Thursday, repeating China's support for a "two-state solution... to realise the peaceful coexistence of Palestine and Israel", according to multiple state media outlets. "China is willing to enhance cooperation with Egypt... and inject more certainty and stability into the region and the...
  • Egypt to open Gaza crossing for up to 20 aid trucks: Joe Biden

    US president said the aid convoy would be allowed to go into Gaza from the Rafah crossing in a first batch of humanitarian aid. According to him, the shipment would likely not cross until Friday as the road at the crossing needed repairs. It became possible only after Egypt's president...
  • Biden backs Israel account of Gaza hospital strike, denounces Hamas

    In announcing Biden's visit, Secretary of State Antony Blinken said that Israel had agreed to work with the United States on a plan to let aid into Gaza, which has been besieged and bombarded for 12 days and under an Israeli blockade for 16 years. Israel is threatening a ground...
  • Israel to allow food, water and medicine only in Gaza via Egypt

    "In light of (US) President (Joe) Biden's demand, Israel would not foil the supply of humanitarian aid via Egypt," the prime minister's office said, announcing a cabinet decision. The statement noted that aid to civilians in the southern Gaza Strip would be allowed "so long as these supplies do not...
  • US vetoes UN resolution seeking ‘humanitarian pause’ in Gaza conflict

    "The United States is disappointed this resolution made no mention of Israel's rights of self-defense," US Ambassador to the UN Linda Thomas-Greenfield said after the vote. The resolution said the Council "firmly condemns all violence and hostilities against civilians and all acts of terrorism."
  • Asian stocks drop as Israel-Hamas conflict threatens to expand

    Markets had enjoyed a healthy run Tuesday on optimism that while Israeli Prime Minister Benjamin Netanyahu was preparing for a ground offensive in the blockaded territory, the crisis could be contained.
  • US authorizes non-essential embassy staff to leave Lebanon

    Following Hezbollah's call, hundreds of demonstrators scuffled Tuesday night with Lebanese security forces outside the US embassy in the Beirut suburb of Awkar, where protesters hurled stones and set a building on fire, according to AFP correspondents. Palestinian refugee camps in the southern cities of Sidon and Tyre erupted in...
  • US orders 2,000 more troops to be ready to deploy to Middle East: report

    Washington, United States - The US Defense Secretary Lloyd J. Austin III has ordered the preparation of approximately 2,000 additional U.S. troops for possible deployment to the Middle East in support of Israel, amid escalating tensions in the region, New York Times reported.These troops, currently stationed in the United States...
  • Neighboring nations fear repercussions of Gaza conflict

    As Israel advises around 1.1 million residents of northern Gaza Strip to evacuate, concerns grow about the potential ripple effects on neighboring Lebanon, Jordan and Egypt.
  • Tech summit in disarray after organizer’s Israel comment

    Paris, France - Several technology industry leaders have decided to boycott one of the sector's biggest annual events after the organizer criticized Israel's actions following the Hamas attacks.Paddy Cosgrave, an Irish entrepreneur and co-founder of the Web Summit, wrote on social media platform X last week that he was "shocked at...
  • Israel bombs hospital in Gaza, hundreds killed: Health Ministry

    The health ministry of the besieged enclave said between 200 and 300 people displaced by 10 days of heavy bombardment were killed in "occupation (Israeli) strikes" at the Ahli Arab hospital in cental Gaza. "Hundreds of victims are still under the rubble," a statement said, calling it a "war crime".
  • Hamas says one of top commanders killed in Israel strike

    Hamas attacked Israel on October 7 and left over 1,400 people dead and triggered Israeli retaliatory strikes on Gaza where around 3,000 people have been killed, according to officials on both sides. "Ayman Nofal, 'Abu Ahmad', a member of the general military council , was killed" in an Israeli strike
  • Gaza conflict: Fitch places Israel’s IDR on rating watch negative

    London, United Kingdom -- Fitch Ratings has placed Israel's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'A+' on Rating Watch Negative (RWN).This decision also extends to Israel's Short-Term Foreign- and Local-Currency IDRs of 'F1+' and the issue ratings of 'A+' on the nation's long-term foreign currency senior unsecured...
  • First group of evacuees from Israel aboard US ship lands in Cyprus

    Nicosia, Cyprus - A first group of evacuees from Israel arrived in Cyprus on Tuesday aboard a US-chartered cruise ship as the island's authorities announced plans for a twice-daily ferry link for those wishing to leave.The 159 evacuees on board the Royal Caribbean cruise ship Rhapsody of the Sea primarily consisted...
  • China envoy seeks Israel-Hamas de-escalation in Middle East trip

    Shanghai, China - China will this week weigh into the Israel-Hamas war by sending its special envoy to the Middle East, after the United States asked it to use its influence to stop the conflict from spreading.Washington says it hopes China's friendship with Hamas backer Iran could help calm the conflict,...
  • Desperation grows for Gazans seeking respite from Israeli storm

    Amira, 44, and her children have moved to the courtyard of the Nasser hospital in the southern district of Khan Yunis. "Our bodies itch all over. It has been a week since we could take a shower," she told AFP as she prepared sandwiches for her children with some loaves...
  • Iran warns of ‘action’ against Israel by ‘resistance axis’

    Iran's Foreign Minister Hossein Amir-Abdollahian warned in a live broadcast to state TV of the possibility of pre-emptive action by the resistance axis in "in the coming hours" while Israel prepares to invade the Gaza Strip. Tehran has repeatedly warned that invasion of Gaza would be met with a response...
  • Biden to visit Israel, will also meet King Abdullah II, Sisi, Abbas in Jordan

    Biden will visit Tel Aviv, National Security Council spokesman John Kirby said in Washington. He also announced that Biden would travel to Jordan where he would meet Jordanian King Abdullah II, Palestinian leader Mahmud Abbas and Egyptian President Abdel Fattah al-Sisi. Blinken said that the United States also secured assurances...
  • WHO says only 24 hours for aid to enter Gaza before catastrophe

    If aid is not allowed into the besieged territory, doctors will have to "prepare death certificates for their patients," WHO regional director for the eastern Mediterranean, Ahmed al-Mandhari told AFP. Monday marked 10 days of relentless Israeli air strikes on targets in the Palestinian enclave, in retaliation for an October...
  • Iran says time running out for political solution in Gaza war

    TEHRAN, IRAN - Iran on Monday said time was running short to reach a political solution in the Israel-Gaza conflict, warning of the "possibility of expanding the scope of war and conflict to other fronts".Israel declared war on the Palestinian group Hamas a day after waves of its fighters broke through...
  • Arab groups quit German Book Fair after Palestinian author row

    Frankfurt, Germany - The postponement of a Palestinian author's award ceremony at the Frankfurt Book Fair due to the Israel-Hamas conflict triggered condemnation Monday from high-profile authors, while several Arab publishing groups withdrew.The annual fair is the world's biggest publishing trade event, bringing together thousands of book industry players and authors.After...
  • Israel says Hamas took 199 people as hostages during attack

    Jerusalem, Undefined - The Israeli military on Monday raised the figure to 199 people confirmed to have been abducted by Hamas to the Gaza Strip in the militants' cross-border attacks which sparked a devastating war."We have updated the families of 199 hostages," military spokesman Daniel Hagari told a media briefing, revising...
  • China prepares for BRI summit under shadow of Israel-Gaza war

    At the top of the invitation list to China's Belt and Road Initiative forum is Russia's President Vladimir Putin, on his first trip to a major global power since the Ukraine invasion threw his regime into international isolation.
  • World leaders try to contain Israel-Hamas war

    As Israel prepares for a ground offensive into the Gaza Strip, the international community has mobilized to try to protect civilians and prevent the conflict spreading across the region. But Tel Aviv's avowed determination to crush Hamas, the group behind the October 7 attack on Israel, are hampering mediation efforts.
  • Muslim boy killed in US attack linked to Israel-Hamas war

    Detectives were able to determine that both victims in this brutal attack were targeted by the suspect due to them being Muslim, the sheriff's office said. US President Joe Biden said that the Palestinian Muslim family came to America seeking "what we all seek -- a refuge to live, learn,...
  • Iran president warns of escalation in war in Palestine

    Tehran, Iran-- President of Iran, Ebrahim Raisi, has warned of an escalation in the war in Palestine if in his worlds the Zionist regime of Israel doesn't stop the killing of the people of Gaza and end the blockade of the enclave.He made the remarks in a phone call with...
  • Biden says Israeli occupation of Gaza would be ‘big mistake’

    Israel, seeking vengeance for an attack by Hamas on October 7, has declared war on the militant group, launching a relentless bombing campaign and warning more than a million people in northern Gaza to move south ahead of the operation. Asked by CBS news program 60 Minutes if he would...
  • Israel-Gaza conflict creates global economic ripples

    As Israel grapples with the surprise Hamas action and global community gauges economic ramifications, the future of Israel's relations with its neighbors hangs in the balance.
  • ‘If we bathe, we won’t drink’: Gazans struggle as water supplies dwindle

    UN estimates that about one million people have been displaced since Israel began a relentless aerial bombardment of Gaza in retaliation for Hamas's deadly assault on October 7. The UN agency's director of communications, Juliette Touma, told AFP more people are likely to become displaced "as people continue to leave...
  • Expelling Gazans from their homes non-starter: Blinken

    As Israeli politicians look to expel Palestinians from the Gaza Strip into neighbouring Egypt, US Secretary of State Antony Blinken has categorically rejected the idea, saying they should be able to stay as Israel battles Hamas. Blinken is on a crisis tour of the Middle East after Hamas fighters attacked...
  • Israel-Gaza conflict creates global economic ripples

    As Israel grapples with the surprise Hamas action and global community gauges economic ramifications, the future of Israel's relations with its neighbors hangs in the balance.
  • Israeli bombardment kills 2,670 in Gaza: Health ministry

    Israel's strikes on the Gaza Strip have led to an "unprecedented human catastrophe" in the Palestinian territory, the United Nations agency supporting Palestinian refugees said. "Not one drop of water, not one grain of wheat, not a liter of fuel has been allowed in the Gaza Strip for the last...
  • Aid meant for Gaza stuck in Egypt as Rafah crossing is closed

    ISMAILIA, EGYPT - Convoys of humanitarian aid stacked up near Egypt's border with the Gaza Strip on Sunday, unable to enter the Palestinian enclave being bombarded by Israel, witnesses told AFP.The Rafah crossing -- the only passage in and out of the Gaza Strip not controlled by Israel -- has been...
  • Israel readies to invade Gaza where one million have fled homes

    Israel has massed forces outside the long-blockaded enclave of 2.4 million in preparation for what the army has said would be a land, air and sea attack involving a "significant ground operation". Israel has also stationed troops and tanks on its UN-patrolled northern border with Lebanon and closed a four...
  • Israel acting beyond scope of self-defense: China FM

    Wang's remarks, made on a call to his Saudi Arabian counterpart Prince Faisal bin Farhan on Saturday, came as Israel appeared poised for a ground offensive against Hamas fighters in Gaza. Israel should listen earnestly to the calls of the international community and the UN secretary general, and cease its...
  • Blinken presses for pressure on Hamas in meeting with Saudi crown prince

    The top US diplomat has been touring the region after Hamas fighters infiltrated Israel from the blockaded Gaza Strip on October 7 and killed 1,300 people, mostly civilians, and took about 150 hostages. Blinken will travel later Sunday to Egypt, the sixth Arab country he will visit as he seeks...
  • MSNBC takes top three Muslim presenters off air

    Dubai, UAE--American cable channel MSNBC has quietly taken three prominent Muslim journalists “out of the anchor’s chair” since the onset of war between Palestinians and Israel, according to a media report.The report said MSNBC quietly took Mehdi Hasan, Ayman Mohyeldin, and Ali Velshi “out of the anchor’s chair” after the...
  • US to evacuate nationals from Israel by ship on Monday

    Tens of thousands of US passport holders live in Israel and 29 have been confirmed killed in the Hamas attacks on October 7. Another 15 are missing and believed to be among hostages held by Hamas since the attacks.
  • Evacuating Gaza patients effectively death sentence: WHO

    The UN health agency said in a statement that it strongly condemns Israel's repeated orders for the evacuation of 22 hospitals treating more than 2,000 people in northern Gaza. Israel has warned Palestinians to evacuate northern Gaza ahead of an expected ground offensive against Hamas, one week after the deadliest...
  • Second US aircraft carrier to back Israel as Biden stresses civilian protection

    The presence of the USS Eisenhower and its affiliated warships in the eastern Mediterranean signals Washington's "ironclad commitment to Israel's security and our resolve to deter any state or non-state actor seeking to escalate this war," Secretary of Defense Lloyd Austin said in a statement. The Eisenhower joins the USS...
  • Chinese envoy to visit Middle East to push peace talks

    The envoy "will visit the Middle East next week to coordinate with various parties for a ceasefire, to protect civilians, ease the situation, and promote peace talks," a CCTV video report said. The report came as Israeli forces appeared poised for a ground offensive into the Gaza Strip already reeling...
  • Egypt, Israel to allow US citizens to leave Gaza via Rafah crossing

    Riyadh, Saudi Arabia - Egypt and Israel have agreed to let US citizens leave the Gaza Strip through the Rafah crossing on Saturday as Israel carries out strikes against Hamas, a US official said.The two US partners agreed to keep the sole crossing from Gaza to Egypt open from 12:00 pm...
  • Israel refuses to give more time for Gaza evacuation

    Jerusalem - The Israeli military said on Saturday that Gaza City residents must not delay their departure before a military offensive starts, as people leaving the north of the territory again jammed roads south.Ahead of an expected Israeli ground offensive against Hamas, which attacked southern Israel on October 7, Israel...
  • More than 1,300 buildings destroyed in Gaza: UN

    Prime Minister Benjamin Netanyahu has said the bombardment is "just the beginning" as Israel seeks to retaliate against Hamas after their fighters killed more than 1,300 people a week ago. At least 1,900 Gazans -- most of them civilians and including more than 600 children -- have been killed in...
  • Lufthansa to suspend Beirut flights amid Middle East tensions

    The spokesman, who blamed the decision on the "current situation in the Middle East", confirmed information from two passengers who had been unable to fly from Frankfurt to Beirut. On Saturday Lufthansa cut its flights to Tel Aviv, citing "the current security situation".
  • Prepared for action against Israel when time comes: Hezbollah

    Hezbollah deputy chief Naim Qassem spoke as Hamas and Israel traded heavy fire for a seventh day, after hundreds of Hamas gunmen stormed across the border from Gaza into Israel on Saturday and killed more than 1,300 people, most of them civilians. Israel has retaliated by bombarding Hamas targets in the...
  • UN chief stresses ‘even wars have rules’ as Israel bombs Gaza

    Describing the situation in Gaza as having reached a dangerous new low, UN Chief Antonio Guterres said that there was an immediate need for humanitarian access throughout Gaza to rush fuel, food and water to people in need. He warned that the blockaded enclave's health system was on the brink...