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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.

Iran tells mediators it won’t negotiate ‘while under attack’: official

Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...
  • Israel unleashed a punishing fresh barrage of strikes across Iran in a third day of exchanges Sunday
  • The latest conflict marked the first time the two sides have traded fire with such intensity

Trump due in Canada as G7 confronts Israel-Iran crisis, may consider joint stance

Trump has praised Israel's strikes, noting it used US weapons, even though Prime Minister Benjamin Netanyahu defied his public calls...
  • The three-day gathering in the mountain town of Kananaskis marks the return to the international diplomatic calendar of Trump
  • Canadian Prime Minister Mark Carney had designed an agenda aimed at minimizing disagreements within the club of wealthy industrial democracies

Israel pounds Iran from west to east in deepest strikes yet, Tehran police headquarters hit

Israel's military said its air force hit Mashhad airport in Iran's far east, making it the longest-range strike of the...
  • With no let-up in sight, Iran said it would begin opening mosques, metro stations and schools to serve as makeshift bomb shelters for civilians.
  • As Israel targeted sites across the Islamic republic, Iran launched a barrage of missiles aimed at Israel in the afternoon, setting off air raid sirens in Jerusalem and elsewhere.

Trump pocketed over $57 mn from crypto coin sales

New York, United States -- US President Donald Trump pocketed more than $57 million from token sales by the crypto...
  • Federal financial disclosure forms released by the White House list the US president's holdings including stocks, dividends, real estate and investment portfolios.
  • Once hostile to the crypto industry, Trump has since returning to power enthusiastically embraced the sector, taking significant steps to clear regulatory hurdles.

‘Nothing left’: Israelis grapple with damage from Iran strike

Bat Yam, Israel -- A shocked Julia Zilbergoltz said she had never experienced anything like the Iranian missile strike that...
  • In Israel's north, four people were killed earlier when a strike hit the town of Tamra, taking to 13 the death toll in the country since the start of the attacks began on Friday.
  • Israeli television channels broadcast footage of devastation from four sites where missiles struck in the early hours of Sunday.

Tens of thousands dressed in red rally in Dutch protest for Gaza

Rights groups such as Amnesty International and Oxfam organized the demonstration through the city to the International Court of Justice,...
  • "More than 150,000 people here dressed in red just want concrete sanctions to stop the genocide in Gaza," said Michiel Servaes, director of Oxfam Novib.
  • A previous protest in The Hague on May 18 drew more than 100,000 people, according to organizers, who described it as the country's largest demonstration in 20 years.

MENA brief Jun 15: Erdogan warns of ‘devastating war’, Gaza internet restored

Iran announced it will scale back cooperation with the International Atomic Energy Agency (IAEA), expressing deep dissatisfaction over what it...
  • With strategic ties to both Iran and the United States, Baghdad is engaging both capitals in a bid to maintain its neutral stance.
  • The UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan has engaged in telephone diplomacy with several counterparts, focusing on regional de-escalation.

Boeing lowers 2044 global air fleet outlook amid supply chain woes

New York, United States -- The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most...
  • The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most built over the next 20 years, according to a Boeing forecast released Saturday.
  • The global fleet will nearly double to 49,600, a bit below Boeing's prior annual outlook, the company said ahead of the giant Paris Air Show beginning Monday.

OpenAI enlists iPhone designer to create ideal device for using AI

New York, United States -- ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget...
  • ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI).
  • Sharing no details, OpenAI chief executive Sam Altman said that a prototype Ive shared with him "is the coolest piece of technology that the world will have ever seen."

UK moving assets, jets, to Middle East amid Iran crisis, says Starmer

Britain is deploying assets, including fighter jets, to the Middle East amid tensions between Iran and Israel, UK Prime Minister...
  • The UK leader said he had spoken with both US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu
  • The UK leader said his talk on Friday with Netanyahu had been "good and constructive" and had "included discussions about the safety and security of Israel."

BBC launches US paid subscription to news website

London, United Kingdom - The BBC, Britain's public broadcaster that is struggling with strained finances, on Thursday launched a paid...

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EU seeks Gaza progress after Israel found in breach of cooperation deal

Brussels, Belgium -- The EU said Monday that Israel must improve the humanitarian situation in Gaza or else face possible...

Oil prices seesaw as investors await Iran response to US strikes

US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on...

Oil prices spike after US strikes on Iran nuclear sites

Economists at MUFG warned of "high uncertainty of the outcomes and duration of this war", giving a "scenario analysis" of...

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Iran threatens US bases in response to strikes on nuclear sites

Iran on Sunday threatened US bases in the Middle East after massive air strikes that Washington said had destroyed Tehran's...
  • International concern focused on fears that the unprecedented US attacks would deepen conflict in the volatile region after Israel launched a bombing campaign against Iran
  • Netanyahu meanwhile said his country's military strikes will "finish" once the objectives of destroying Iran's nuclear and missile capabilities are achieved

UN’s Syria envoy outraged by Damascus church attack

The United Nations special envoy for Syria denounced Sunday's attack on a church in Damascus that killed at least 20...
  • Syria's interior ministry said a member of the Islamic State jihadist group was behind the attack, in which dozens of people were wounded
  • UN envoy Geir Pedersen "condemns in the strongest possible terms the terrorist attack at St. Elias Church... which killed and injured civilians who were attending mass."

Japan’s high-tech sunscreens tap into skincare craze

Tokyo, Japan -- When YouTuber Hannah Price set out to compare Japanese and Australian sunscreen, she wasn't expecting her deep...
  • Companies that have perfected their secret formulas want to capitalize on booming demand, including selling to Japan's record influx of foreign tourists.
  • The global skincare market was worth more than $115 billion in 2024 and is expected to grow to $194 billion by 2032, according to Fortune Business Insights.