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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.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Right educational system crucial to help students become an active partners in shaping UAE’s future

“Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity,” adds Sheikh...
  • The educational system must help students earn their university degrees in areas that are suited for their inclinations, skills, and abilities, says Sheikh Abdullah bin Zayed
  • Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity, he adds

Saudi Arabia wins seat on FIFA Council; Qatar gets a position too

Saudi Arabia has won a seat on FIFA’s ruling Council before being set to be confirmed as host of the...
  • Qatar federation head Sheikh Hamad Al Thani, whose country hosts the Asian Cup next January, was elected to a FIFA position for the first time
  • Saudi soccer federation president Yasser Almisehal was among six Asian officials elected by AFC members to represent them on FIFA council through 2027

Abu Dhabi’s strong tech ecosystem acts as a magnet for key global innovative companies

The ADIO, during the event, announced its support for three innovative global companies -- Ubisoft, Insilico Medicine and the Applied...

Lebanon’s offshore exploration agreement supports the country’s economic development, says Qatar’s minister

"This very important commitment gives us the opportunity to support Lebanon’s economic development, at this critical juncture. And I want...
  • Qatar had entered a consortium to explore for offshore gas in waters near Israel, following a historic border deal last year between the two rivals
  • The agreement green-lights Lebanon's exploration of its southern Qana, or Sidon, reservoir following the signing of the landmark accord last October

An effective governance, risk and compliance system need of the hour, says UAE’s cybersecurity head

There is a close link between cybersecurity and GRC and innovation plays a key role in governance systems. Organizations must...
  • There is a need to establish an effective governance, risk, and compliance system as a fundamental requirement for a strong cybersecurity strategy, says a UAE official
  • Organizations must first establish a GRC system in order to achieve cybersecurity objectives and create a secure working environment, adds Mohammed Hamad Al-Kuwaiti

Year of Sustainability a springboard for global climate action, says Sheikha Shamma of UICCA

Containing the fallout of climate change, addressing related damage and losses, and meeting the relevant needs of developing countries are...
  • Containing the fallout of climate change, addressing related damage and losses, and meeting the relevant needs of developing countries are key challenges, says Sheikha Shamma
  • The UAE’s leadership is prioritising the issue of climate change and has taken proactive steps to accelerate the pace of its climate action efforts, she adds

‘Women are equal participants in UAE’s development’

The leadership’s vision to empower women has ensured that women are equal participants and major contributors to the UAE’s sustainable...
  • The UAE is being ranked first in the Arab world and 11th globally on the Gender Inequality Index of the United Nations Development Programme’s Human Development Report 2022
  • The country has jumped 38 positions on the Gender Inequality Index since the establishment of the UAE Gender Balance Council seven years ago

We help investors, give them additional tools: QCSD

The first thing QCSD worked on was the movable funds register aimed at helping small and medium-sized enterprises to benefit...
  • The Qatar Central Securities Depository (QCSD) is working on the application of lending and borrowing to help investors in Qatar and give them additional options and tools
  • The first thing QCSD worked on was the movable funds register aimed at helping small and medium-sized enterprises to benefit from the tools, says its CEO Sheikh Saif Al-Thani

UAE committed to promote sustainability in all sectors

“The UAE will strive to make COP28 one of solidarity and action. It will listen, engage, and build partnerships with...
  • The declaration of 2023 as the ‘Year of Sustainability’ reflects the UAE’s commitment to promote sustainability in all sectors, says says Special Envoy for Climate Change
  • The move will pave the way for the country's efforts to accelerate global climate action ahead of COP28, adds Dr Sultan bin Ahmed Al Jaber

Southeast Asia may re-take leading growth position

Advanced economies are expected to slow down further this year, while ASEAN-6 economies are more resilient to the current macro...
  • Pre-pandemic, Southeast Asia was one of the most dynamic economic regions in the world, prompting opportunity and growth at a significant scale for decades, says a QNB report
  • Advanced economies may slow down further this year, while ASEAN-6 economies are more resilient to the current macro scenario and should present robust, mid-single digit growth

Middle East leads way in global methane mitigation

The Middle East is emerging as an important region in the battle against methane emissions, crucial for curbing global warming....

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Many Western Socialists back Israel in Gaza conflict

This TRENDS report delves into the nuanced positions of Western political figures, unveiling a multifaceted blend of support, criticism, and...

Al Seer Marine receives new very large gas carrier, fleet size rises to 20

ABU DHABI, UAE - Al Seer Marine, a subsidiary of Abu Dhabi-based International Holding Company, has announced the takeover of...

Non-oil revenue boost shows GCC’s financial wisdom

The GCC nations exemplify financial prudence. Their continuous efforts to boost non-oil revenues, reform tax policies, and modernize and digitize...

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Collaboration crucial for renewable energy transition

"World peace and security, along with social, economic, and political stability, hinge on two pivotal factors: addressing climate issues and...
  • The UAE is actively supporting global efforts to mitigate the effects of climate change at both regional and international levels
  • World peace, security and stability hinge on addressing climate issues and investing in clean and renewable energy sources

Israel-Hamas conflict intensifies as Hizbollah joins in

World calls for restraint as Palestinian death toll reaches 370 and Israeli casualties cross 600, prompting Netanyahu to warn of...
  • World calls for restraint as Palestinian death toll reaches 370 and Israeli casualties cross 600, prompting Netanyahu to warn of a "long and difficult" battle against Hamas.
  • Lebanon's Hizbollah attacks from the north, supporting Hamas, while Israel strikes 426 Hamas locations, including tunnels and infrastructure, intensifying the conflict

Hundreds killed in deadliest Palestine-Israel conflict

World calls for restraint as Palestinian death toll reaches 232 and Israeli casualties cross 200, prompting a vow of retaliation...
  • World calls for restraint as Palestinian death toll reaches 232 and Israeli casualties cross 200, prompting a vow of retaliation from Israeli Prime Minister Benjamin Netanyahu
  • The UNSC plans an emergency session as Biden backs Israel, while Israel's "Swords of Iron" operation persists and Hamas launches a comprehensive attack, evading Iron Dome