Hamas calls for ‘day of rage’ for group leader’s burial

DUBAI: Top Iranian officials will meet representatives of Iran's regional allies from Lebanon, Iraq and Yemen on Thursday to discuss potential retaliation against Israel following the assassination of a Hamas leader in Tehran, five sources told Reuters.The region faces the risk of widening conflict between Israel, Iran and its proxies after the killing of Ismail … Read more

SABIC reports 84% surge in net profit to $564m

RIYADH: In the second quarter of 2024, petrochemical giant Saudi Basic Industries Corp. increased net profit by 84 percent year-on-year to SR2.18 billion ($564 million), thanks to higher margins and new zakat rules. In a Tadawul filing, the company reported a 32 percent increase in gross profit to SR7.19 billion, driven by higher margins on … Read more