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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Spain hosts European, Arab nations to pressure Israel on Gaza

Madrid will host 20 countries as well as international organizations with the aim of "stopping this war, which no longer...

Syria revamps interior ministry to reassure West

The interior ministry restructure includes reforms and creating "a modern civil security institution that adopts transparency and respects international human...

Trump orders pause to Ukraine aid: White House official

President Donald Trump suspended military aid to Ukraine on Monday, a US official told AFP, sharply escalating pressure on Kyiv...
  • The move comes just days after a stunning public clash at the White House between Ukrainian President Volodymyr Zelensky and Trump
  • We are pausing and reviewing our aid to ensure that it is contributing to a solution, said a White House official

Netanyahu thanks Trump for weapons to ‘finish the job’ against Iran axis

Jerusalem, Undefined - Israeli Prime Minister Benjamin Netanyahu on Sunday thanked US President Donald Trump for sending munitions held up...
  • Netanyahu has long expressed his opposition to Iran, its nuclear programme and its proxies, which include Palestinian militant group Hamas
  • The Israeli leader made similar remarks last month, at a news conference with visiting US Secretary of State Marco Rubio, saying Israel would "finish the job" against Iran

Israel blocks humanitarian aid to Gaza as ceasefire’s first phase ends, sparking global outrage

Truce mediators Egypt and Qatar accused Israel of blatantly violating the ceasefire deal by halting the aid, a move left trucks...
  • Early on Sunday Israel had announced a truce extension until mid-April that it said United States Middle East envoy Steve Witkoff had proposed
  • But Hamas has repeatedly rejected an extension, instead favouring a transition to the truce deal's second phase that could bring a permanent end to the war.

PKK declares ceasefire with Turkey after 40 years of armed struggle

Istanbul, Turkey - Outlawed Kurdish militants on Saturday declared a ceasefire with Turkey following a landmark call by jailed PKK...
  • The PKK, designated a terrorist group by Turkey, the United States and the European Union, has waged an insurgency since 1984 with the aim of carving out a homeland for Kurds
  • Turkey's vice president Cevdet Yilmaz said "a new phase" began toward achieving the goal of a "terror-free Turkey", without making any mention of the PKK statement

Israel endorses plan to extend Gaza truce as first phase draws to close, Hamas wants permanent peace

The first phase of a ceasefire deal between Israel and Palestinian militant group Hamas was set to expire over the...
  • Negotiations have so far been inconclusive, with the fate of hostages still held in Gaza and the lives of more than two million Palestinians hanging in the balance.
  • A senior Hamas official told AFP the Palestinian militant group was prepared to release all remaining hostages in a single swap during the second phase

Wild AI, a royal letter and big hugs – a week in Trumpworld

Washington, United States  - President Donald Trump closed out a packed week at the White House after hosting a string...
  • Last week, Trump branded elected Ukrainian leader Volodymyr Zelensky a "dictator" -- but things change fast in this administration
  • "Did I say that? I can't believe I said that," Trump responded with a slight grin when asked if his opinion had evolved

Trump and Zelensky clash in heated Oval Office meeting over Ukraine peace deal

During a tense meeting at the White House, Trump and Zelensky argued over the war with Russia, with Trump accusing...
  • Zelensky was at the White House to sign a deal on sharing Ukraine's mineral riches and discuss a peace deal with Russia, despite the US president recently branding him a dictator
  • Tempers frayed after Vice President JD Vance said that "diplomacy" was needed to end the war. Zelensky asked "what kind of diplomacy" and Vance accused him of being disrespectful

Microsoft retires Skype, the online voice and video call pioneer

San Francisco, United States - Microsoft on Friday announced it was retiring Skype, the online voice and video call pioneer...
  • Skype was founded in 2003 by Scandinavians Niklas Zennstrom and Janus Friis in Estonia, revolutionizing internet communication by offering free voice calls
  • Over the years, and as internet speeds improved, Skype evolved to include video calls, instant messaging, file sharing and group communication features

Saudi Arabia, Gulf neighbours say Ramadan to start on Saturday

Observing fasting during Ramadan is one of the five pillars of Islam, requiring believers to abstain from eating, drinking, smoking...
  • Saudi Arabia, home to Islam's two holiest sites, was joined by the UAE and Qatar in declaring the sighting of the crescent moon that heralds Ramadan
  • "The Supreme Court has decided that tomorrow, Saturday, is the first day of the month of (Ramadan)," the official Saudi Press Agency posted on X

e& reports $2.94 billion in net profit

e&’s subscriber base rose 11.7% to 189.3m
  • The company acquired PPF Telecom’s assets, expanding into Central and Eastern Europe
  • e& announced a progressive dividend policy, aiming for USD 0.24 per share by 2026

Spain hosts European, Arab nations to pressure Israel on Gaza

Madrid will host 20 countries as well as international organizations with the aim of "stopping this war, which no longer...

Latest News

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.

US asking countries for ‘voluntary’ Palestinian relocation: Rubio

Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...

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UK halts trade talks with Israel, summons envoy over Gaza

Foreign Secretary David Lammy accused Israeli Prime Minister Benjamin Netanyahu's government of "egregious actions and rhetoric" over its expansion of...
  • Lammy said Britain "cannot stand by in the face of this new deterioration" in Gaza and was pausing negotiations with Israel on a new free-trade agreement.
  • Israel was the country's 44th-largest trading partner last year, with the two countries exchanging 5.8 billion pounds ($7.8 billion) in goods and services.

Nvidia unveils plan for Taiwan’s first ‘AI supercomputer’

Taipei, Taiwan -- Nvidia boss Jensen Huang announced plans for Taiwan's first "AI supercomputer", as he showcased on Monday the...
  • Taiwan produces the bulk of the world's most advanced chips, including those needed for the most powerful AI applications and research.
  • TSMC, the Taiwanese contract chipmaking giant, has unveiled plans to inject an additional US$100 billion into the United States, on top of the US$65 billion already pledged.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.
  • Qatar Airways Cargo, the group's air freight service, saw revenues increase by 17 percent on the year before, the airline said.
  • In 2024, the Qatari airline reported a $1.7 billion net profit following an annual increase of 39 percent, another record.