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QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme
  • Fatah rejects Hamas criticism of new prime minister’s appointment

    Ramallah, Palestinian Territories - Palestinian president Mahmud Abbas's Fatah party hit back at criticism by Hamas and other factions over his appointment of a new prime minister they said could deepen divisions as the war with Israel in Gaza rages. Abbas appointed Mohammed Mustafa, a long-trusted adviser on economic affairs, as...