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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.

Nations advance ocean protection, vow to defend seabed

UN Ocean Conference wrapped up Friday with world leaders taking major steps toward marine protection and vowing a showdown when...
  • The summit was just the third -- and largest yet -- dedicated entirely to what the United Nations calls an "emergency" in the world's oceans.
  • More than 60 heads of state and government joined thousands of business leaders, scientists and environmental campaigners over five days in the southern city of Nice.

Iran calls Israeli strikes ‘declaration of war’ amid international calls for restraint

Trump warns Tehran that the "next planned attacks" will be "even more brutal" and said Iran should cut a deal...
  • Top brass killed included the head of Iran's Revolutionary Guards, Hossein Salami, and the chief of staff of its armed forces, Mohammad Bagheri.
  • Trump said Israel fully informed him of its raids ahead of time, but insisted the United States was not involved.

Picasso on a plate: unseen ceramics up for auction in Geneva

Geneva, Switzerland -- A clutch of one-off and hitherto unseen ceramic plates and dishes by Pablo Picasso are going under...
  • Emblematic motifs from Picasso's artistic universe -- pigeons, fish, a goat, a bull, and a bird adorn the colorful plates and dishes.
  • Picasso was one of the most influential artists of the 20th century. The prolific Spanish painter died in 1973, aged 91.

Saudi Arabia and Qatar to host Asian playoffs for World Cup: AFC

Kuala Lumpur, Malaysia -- Saudi Arabia and Qatar will host the Asian qualifying playoffs for the 2026 World Cup, the...
  • Six teams, the third and fourth-placed sides from the recent Asian qualifiers, namely Indonesia, Iraq, Oman, Qatar, Saudi Arabia and UAE will be divided into two groups of 3 teams.
  • They will battle each other in a centralized format from October 8 to 14, 2025, the AFC said in a statement.

Nuclear states spent $100 billion on atomic arsenals in 2024, say ICAN

ICAN said Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States together spent nearly $10 billion...
  • ICAN said Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States together spent nearly $10 billion more than in 2023
  • The United States spent $56.8 billion in 2024, followed by China at $12.5 billion and Britain at $10.4 billion, ICAN said in its flagship annual report

US still wants talks with Iran on Sunday: US official

Washington, United States - The United States still hopes to hold talks Sunday with Iran, even after Israel launched a...
  • The official had no further information on whether Iran had agreed to the talks
  • Oman had earlier planned talks Sunday involving Steve Witkoff, President Donald Trump's friend

MENA brief Jun 13: Prince Salman to skip G7 meet, OpenAI in funds talks with PIF

In the financial sector, Fitch Ratings has projected a notable uptick in mergers and acquisitions within Saudi Arabia’s insurance industry....
  • Qatar’s real estate sector recorded transactions exceeding QAR 1 billion in the first five days of June, driven by strong demand for residential and commercial assets.
  • Morocco emerged as North Africa’s financial leader, with six of the region’s top 20 listed firms based in the country.

Israel says Hamas ‘weaponising suffering in Gaza’ as aid workers killed

Israel charged on Thursday that Hamas was "weaponising suffering in Gaza" after a US and Israeli-backed charity accused the Palestinian...
  • The distribution of food and basic supplies in the blockaded and war-ravaged Gaza has become increasingly fraught and perilous
  • Asked to respond to the GHF accusation, the Hamas government media office in Gaza said GHF was a "filthy tool" of Israeli forces

Israel strikes Iran’s nuclear sites, kills top generals; Tehran, Iraq shut airspace, casualties reported

Israel's operation struck at the "heart of Iran's nuclear enrichment programme", taking aim at the atomic facility in Natanz and...
  • Israel's operation struck at the "heart of Iran's nuclear enrichment programme", taking aim at the atomic facility in Natanz and nuclear scientists
  • Iranian state media said residential buildings in Tehran were also hit, killing a number of civilians including women and children

Flames and smoke in aftermath of crashed India passenger jet

While officials initially said everyone aboard was feared dead, state health official Dhananjay Dwivedi told AFP later that one passenger...
  • Air India's flight 171 -- a Boeing 787-8 Dreamliner bound for London's Gatwick Airport -- crashed shortly after takeoff around 0810 GMT.
  • The passengers included 169 Indian nationals, 53 British, seven Portuguese, and a Canadian. Two pilots and 10 cabin crew were also aboard.

UAE top court upholds life terms for 24 convicted in mass trial

Dubai, United Arab Emirates -- The UAE supreme court has jailed 24 people for life after upholding their convictions for...

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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...

Netanyahu says returning Gaza hostages will take ‘a bit more time’

Israeli Prime Minister Benjamin Netanyahu on Sunday insisted gains in the conflict against Iran would help with the country's war...

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...

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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.

Massive US bunker-buster bombs make combat debut in Iran strikes

The US military says the GBU-57 -- also named Massive Ordnance Penetrator -- is designed to penetrate up to 200...
  • The 6.6-meter-long GBU-57 also has a specialized fuse as "you need an explosive that's not going to immediately explode under that much shock and pressure," Dahlgren said.
  • The only aircraft capable of deploying the GBU-57 is the B-2 Spirit, a stealth bomber.

Risk of wider conflict flare up as US claims strikes ‘devastated’ Iran’s nuclear program

Iranian Foreign Minister Abbas Araghchi told reporters in Istanbul the United States and Israel had "crossed a very big red...
  • People gathered in the center of Tehran to protest against US and Israeli attacks, waving flags and chanting slogans, state TV showed.
  • The European Union called on all sides "to step back," while stressing Iran must not be allowed to develop nuclear weapons.