London, Britain - Saudi foreign minister on Thursday Prince Faisal bin Farhan bin Abdullah called on the international community, especially the permanent members of the Security Council, including the United Kingdom, to fulfill their responsibilities towards intensifying efforts aimed at a ceasefire between Israel and Hamas and ensure the availability...

Tzipi Hotovely told Sky News that she did not believe in the long-standing position of the UK government and the United Nations that an independent Palestinian state should be established.

Spanish energy company Iberdrola announced £7 billion of funding for offshore wind infrastructure while US tech giant Microsoft plans to invest £2.5 billion in artificial intelligence (AI) infrastructure, including data centers.

Dubai, UAE - Blue Carbon, a Dubai-based company has secured expansive forested land across several African nations, a CNN report said.  The area, which is estimated to be nearly equivalent to the size of the United Kingdom, is earmarked for conservation projects aimed at safeguarding forests and preventing significant amounts...

London, United Kingdom – NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, has opened its first international office in London which will serve as a base for NEOM’s business across Europe. The official opening was led by Prince Khalid bin Bandar bin Sultan bin Abdulaziz, Saudi Ambassador to the...

The profits nearly doubled on solid demand for cancer treatments.

London, United Kingdom - Britain on Monday awarded 27 new licenses for oil and gas exploration in the North Sea as it seeks to quickly boost energy security, but the announcement angered environmentalists. The Conservative government has argued that drilling for new oil and gas is necessary to bolster Britain's energy...

Oil slid but most world stock markets rose in anticipation of a raft of strong US corporate earnings, even as economic and geopolitical fears still dog sentiment ahead of this week's eurozone interest rate decision. Volatile US Treasury yields had affected stock trading on Monday in the United States.

British Steel is battling losses of $36 million a month.

"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."

The no-frills airline will buy 157 aircraft from Airbus.

"Equity markets are bouncing back on Tuesday after a risk-averse start to the week, buoyed... by some promising Fed commentary," said analyst Craig Erlam at trading firm OANDA.

Activision Blizzard makes popular games like "Call of Duty".

LONDON, UK- The UK looked set to backtrack on Wednesday on policies aimed at achieving net zero emissions by 2050 with Prime Minister Rishi Sunak expected to water down some of the government's green commitments. The move comes amid growing concern over the potential financial cost of the government's policies to...

It accuses Google of breaching competition law by shutting out mobile search competition and using its market dominance to increase the prices paid by advertisers for their prominence on the Google search page.

LONDON, UK - Liverpool have rejected a blockbuster £150 million ($190 million) offer for Mohamed Salah from Saudi Arabian side Al-Ittihad, according to reports on Friday Egypt star Salah has been linked with a move to the Gulf State for several weeks and it is believed a verbal offer was made...

Dubai, Riyadh - PureHealth, the largest healthcare group in the Middle East, has entered into an agreement to acquire Circle Health Group, the UK's largest independent operator of hospitals, for a substantial AED 4.41 billion ($1.19 billion).  PureHealth's existing roster of companies includes healthcare names such as SEHA – Abu...

The gains, including a jump in US tech stocks, "looked more like a correction than a reaction to fresh news, as there was no fresh news that went against the slowing China rhetoric" or indication of a possible shift in policy by US monetary policymakers, said Swissquote Bank analyst Ipek...

The merger is expected to be completed by the end of Oct.

In Asian stock market trading, Hong Kong extended the week's losses Friday, even as e-commerce titan Alibaba surged on a forecast-busting rise in revenue.

The announcement has angered environmental groups and comes amid an internal debate within the ruling Conservative party on green policies. (AFP) The main opposition Labour party has said it will not issue any new North Sea drilling licenses if it regains power in a general election due next year.

LONDON, UK - Allan Saint-Maximin has confirmed he is to leave Newcastle before an expected move to the cash-rich Saudi Pro League. The French winger, heavily linked with a £30 million ($38.5 million) move to Al-Ahli, posted a farewell message on his Instagram account. In it he professes his love for...

London, United Kingdom - Manchester City forward Riyad Mahrez has left the treble winners to join Saudi side Al-Ahli, the two clubs announced on Friday. The 32-year-old Algerian winger joined Pep Guardiola's team in 2018 from Leicester, winning 11 major trophies at the club. "The wait is over: Riyad is real,"...

Liverpool, United Kingdom - Liverpool captain Jordan Henderson completed his move to Saudi Pro League side Al-Ettifaq on Thursday, becoming the latest big-name player to be lured to the Gulf state. The England midfielder, who posted a farewell message on Wednesday, has ended a 12-year stay at Anfield, during which he...

Gas prices had soared last year after Russia cut gas shipments to Europe while oil markets were also rocked by supply concerns. But natural gas prices fell sharply as European countries found new suppliers, built up reserves and experienced a mild winter.

Broadcom is seeking to expand into the software market.

The $5.2bn factory is expected to create up to 4,000 jobs.

London, United Kingdom - World stock markets mostly rose Wednesday as investors jockeyed for position before key US inflation data. London equities climbed after the Bank of England announced that all major UK retail lenders passed stress tests to assess their resilience to economic shocks. Frankfurt and Paris also advanced before...

Thames Water, which supplies 15 million homes and businesses in London and elsewhere in southern England, has debts of almost £14 billion.

LONDON, UK - Shell's chief executive told the BBC on Thursday that cutting gas and oil output would be "irresponsible" because it could further lift energy bills and worsen the cost-of-living crisis. Wael Sawan was asked about recent comments from UN head Antonio Guterres, who had declared it was "moral and...

London, United Kingdom - Stock markets retreated Wednesday on poorly-received Chinese data, as investors looked ahead to the reopening of Wall Street after the Independence Day holiday. "There are fresh concerns about the global economy powering down as data from China's service sector underlines how tepid the post-pandemic recovery has become,...

Gerry Murphy is new chairperson of Britain's biggest retailer.

London, UK - Masdar, the UAE’s renewable energy company, has committed to invest £1 billion in British battery storage, following its acquisition of Arlington Energy in October 2022.  Masdar has partnered with Octopus Energy to license its technology platform, Kraken, to manage its battery portfolio at low cost and with...

Responding to reports of a possible renationalization, a government statement said Thames Water's present situation was "a matter for the company and its shareholders".

Lucid Group to help make Aston Martin's luxury 'green' cars.

The balti -- a curry of spices, coriander, onions, tomatoes and green peppers with meat or fish -- was created by Pakistani migrants to feed hungry customers from nearby pubs.

The merger will lead to network investment of £11 billion over 10 years.

Campaign group Global Witness labelled Wednesday's announcement as a "climate-wrecking U-turn", urging it instead to invest far more in cleaner energy.

LONDON, UK - Greenpeace slammed Britain's power grid operator on Monday after it requested the reactivation of a coal-fired power station to meet electricity demand during a heatwave. National Grid ESO has asked energy firm Uniper to fire up a coal unit of its power station in Ratcliffe-on-Soar, central England, according...

"With some hardliners in the Republican party coming out against the agreement (in a vote due Wednesday), its passage through Congress could be bumpy," warned AJ Bell investment director Russ Mould. "Weak Chinese data also contributed to a subdued market mood with Asian stocks a little sickly."

Riyadh, Saudi Arabia -- Saudi Arabia and the United Kingdom on Thursday signed an agreement to jointly develop critical minerals supply chains. The agreement was signed between Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Al Khorayef, and the United Kingdom’s Secretary of State for Business and Trade, Kemi...

Doha, Qatar -  Qatar Investment Authority (QIA) will invest up to GBP 10 billion ($12.4 billion) in the UK economy over 2022-2027, the CEO, Mansoor Bin Ebrahim Al Mahmoud said on Tuesday.  The investment pledge was made during a meeting with the UK Secretary of State for Business and Trade, Kemi...

BT employs 130,000 staff, including contractors.

The deal is also under threat in the US, where last year the Federal Trade Commission launched a legal action to block it, one of Washington's biggest ever interventions to stop tech industry consolidation. Microsoft launched its bid for Activision Blizzard early last year to create the world's third biggest...

Rabat, Morocco: Morocco and the United Kingdom signed on Tuesday a Strategic Framework for Cooperation on climate action, clean energy and green growth. Signed by Moroccan foreign minister Nasser Bourita, and the UK Minister of State for the MENA region Lord Ahmad, the agreement aims to facilitate Morocco’s accelerated transition...

The UK's Competition and Markets Authority prevented the deal "over concerns... (it) would alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years to come", the CMA said in a final decision on its long-running probe.

The country increased its military spending by 16 percent to reach an estimated $75 billion, surpassing the United Kingdom, Germany, and France.

A total of 3049 new companies joined DMCC in 2022.

DUBAI, UAE - A UAE group highlighted its technological programs and initiatives aimed at boosting the educational system and reviewed cutting-edge educational technology (EdTech) solutions in UK. The group took part in the education technology exhibition and conference – the British Educational Training and Technology Show – (Bett) held in...

Manchester United have received a second Qatari bid to buy the English football giants, British media reported. The reports said that Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber AI Thani, the chairman of Qatar Islamic Bank, had placed a second round offer. British billionaire Jim Ratcliffe made a revised...