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

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Dubai: Senior Iranian officials are scheduled to meet representatives of Iran's regional allies in Lebanon, Iraq and Yemen on Thursday to discuss potential retaliation against Israel following the killing of a Hamas leader in Tehran, five sources familiar with the matter told Reuters.The assassination of Ismail Haniyeh in Tehran on Wednesday and the killing of … Read more

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

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RIYADH: Petrochemicals giant Saudi Basic Industries Corp. reported an 84% year-on-year increase in net profit to SR21.8 billion ($564 million) in the second quarter of 2024, thanks to higher margins and new zakat rules. Gross profit rose 32% to SR71.9 billion, partly offset by non-recurring expenses, the company said in a Tadawul statement, due to … Read more

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