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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation

Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...
  • Israel and the United States government officials express "relief" at the death of Hamas leader Yahya Sinwar
  • Iran's Revolutionary Guards chief Hossein Salami warned that Tehran would hit Israel "painfully" if it attacks Iranian targets

Major tech companies turn to nuclear energy to power data centers and AI initiatives

Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman...
  • Amazon, Microsoft, and Google are now looking to outgun each other with announcements on atomic energy
  • According to Goldman Sachs research, data centers will consume 8 percent of US power by 2030, up from 3 percent in 2022

“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures

Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle...
  • New measures to fight sextortion, a form of online blackmail where criminals coerce victims, often teens, into sending sexually explicit images of themselves
  • In some countries, Instagram will show teens a video in their feeds about how to spot sextortion scams

UN report says 1.1 billion people in acute poverty

More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday,...
  • 455 million live in the shadow of conflict, while 584 million people under 18 were experiencing extreme poverty
  • India was the country with the largest number of people in extreme poverty which impacts 234 million of its 1.4 billion population

Escalating Conflict: Israel strikes Hezbollah in Lebanon killing mayor war

Hezbollah claimed it destroyed an Israeli tank using a guided missile, while Israel reported killing Hezbollah leader Jalal Mustafa Hariri...
  • The latest exchanges came as Israel faced increasing international pressure after UN peacekeepers in Lebanon were wounded
  • The region is braced for Israel's promised retaliation against its arch-foe Iran for launching around 200 missiles at Israel on October 1

Middle East crisis top-of-mind at first EU-Gulf summit in Brussels

Confirmed at the last minute, the presence of Saudi Arabia's Crown Prince among the six Gulf leaders in attendance heightened...
  • The European Union is the second-largest trading partner for GCC countries but talks on a trade pact have languished for years.
  • Gulf countries have repeatedly called for the creation of a Palestinian state alongside Israel, with some playing a key role in efforts to secure a ceasefire in Gaza.

Asian markets track Wall Street losses on worries over tech rally

Hong Kong, China- Asian markets mostly fell on Wednesday after a tech-led sell-off on Wall Street fueled by worries about the...
  • Chip titan and market darling Nvidia sank more than four percent
  • Japan's Nikkei 225 was off more than two percent

Netanyahu rejects ceasefire’ in Lebanon, Hezbollah threatens to expand the scope of its missile strikes across Israel

In a call with French President Emmanuel Macron, Netanyahu said he was "opposed to a unilateral ceasefire, which does not...
  • Netanyahu's comments came as the United States ramped up pressure over Israel's conduct of the wars in Lebanon and Gaza
  • Netanyahu has insisted there must be a buffer zone along Israel's border with Lebanon where there is no presence of Hezbollah fighters

Netanyahu assures Biden, Iran counterstrike will only target military sites as war spreads to Lebanon and Gaza

US officials, citing Netanyahu’s pledge, reported relief in Washington as Israel’s counterstrike on Iran will not target oil or nuclear...
  • Israel has vowed to counterattack after Iran fired ballistic missiles at the country on October 1, launched in response to Israel's killing of Tehran-aligned leaders in the region
  • Biden has warned Israel against striking Iran's nuclear or oil facilities in order to avoid a further expansion of regional war and amid worries of a spike in global energy prices

Israel strikes Lebanon after Netanyahu vows no mercy for Hezbollah

srael's military launched strikes Tuesday on eastern Lebanon, as Hezbollah fought Israeli soldiers after Prime Minister Benjamin Netanyahu vowed no...
  • Statement comes a day after a drone attack by Hezbollah killed four Israeli soldiers
  • The Unifil peacekeepers will stay in their positions despite suffering injuries

Hezbollah says Israel ‘cannot impose conditions’ for truce

U.S. envoy Amos Hochstein announced "additional progress" in Lebanon-Israel ceasefire talks, heading to Israel to finalize an agreement amidst escalating...

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Saudi crown prince demands Gaza, Lebanon ceasefires at Arab summit

Prince Salman also called on Israel not to attack Iran, highlighting improving ties between Saudi Arabia and its former regional...

COP29 opens with Trump climate withdrawal looming

he COP29 climate talks open Monday in Azerbaijan, under the long shadow cast by Donald Trump's re-election. Trump has pledged...

Portraits of pain: smuggled Palestinian art shows trauma of Gaza

Smuggled art pieces from Gaza are on display in an exhibition in Amman showcasing pain, suffering and a strong resolve...

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Arab, Muslim leaders fly to Saudi Arabia for talks on Gaza, Lebanon

Riyadh, Saudi Arabia -- Arab and Muslim leaders have begun arriving in Saudi Arabia for a summit scheduled for Monday that...
  • The Saudi foreign ministry announced the summit in late October during the first meeting of an "international alliance" pushing for a two-state solution.
  • The 57-member OIC and 22-member Arab League include countries that recognize Israel and those firmly opposed to its regional integration.

Bitcoin hits $80,000 for the first time on Trump return optimism

London, United Kingdom -- Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to...
  • It has been rising since Republican candidate Trump won last Tuesday's US presidential election over sentiment that he will ease regulations on digital currencies.
  • During his first presidency Trump referred to cryptocurrencies as a scam, but has since radically changed his position, even launching his own platform for the unit.

Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release

The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of...
  • Talks, also mediated by Cairo and Washington, have repeatedly hit problems since a one-week truce in November 2023 -- the only one so far
  • One crucial hurdle has been Hamas's insistence that Israel withdraw completely from Gaza, something Israeli officials have repeatedly rejected