Search Site

Trends banner

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

G7 foreign ministers met by videoconference over Mideast: Italy

1 min read
An Israeli Navy corvette patrols along the coast of the northern port city of Haifa on August 3, 2024. (AFP)
  • "Together with our partners, we have expressed strong concern about recent events that threaten to determine a regionalization of the crisis," Italian foreign minister said.
  • The foreign ministers, it said, "reiterated the priority of a favorable conclusion of the negotiations on the ceasefire in Gaza and the release of hostages".

Rome, Italy — G7 foreign ministers met by videoconference Sunday to discuss the Middle East and expressed “strong concern” over the threat of escalation, Italy’s Foreign Minister Antonio Tajani said.

“Together with our partners, we have expressed strong concern about recent events that threaten to determine a regionalization of the crisis, starting from Lebanon,” said Tajani in a statement.

“We call on the parties involved to desist from any initiative that could hinder the path of dialogue and moderation and favour a new escalation,” said the statement issued by the foreign ministry of Italy, which holds the G7 presidency this year.

The foreign ministers, it said, “reiterated the priority of a favorable conclusion of the negotiations on the ceasefire in Gaza and the release of hostages” while stepping up humanitarian assistance.