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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.

Sharjah’s real estate sector records $1.49bn in transactions during May

Sharjah, UAE --  Sharjah's real-estate market during May 2025 recorded a total of 8,415 transactions worth AED 5.5 billion.  Of...
  •  Of these, 1,574 were sales transactions, accounting for 18.7% of the total, a clear indicator of increasing demand for real estate.
  • Mortgage activity remained strong, with 381 mortgage transactions, representing 4.5% of all transactions and totaling more than AED1.1 billion in value.

Australia reach World Cup as Palestinian dreams of a first appearance end

Australia qualified for next year's World Cup in North America while Oman ended Palestine's hopes of a first appearance at...
  • Saudi Arabia must instead make do with a place in the fourth round, alongside Indonesia
  • Iran and Uzbekistan are already through to next year's finals from Group A

Tehran readies counter-proposal as Iran-US nuclear talks set to resume Sunday in Muscat

Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing...
  • It came as European powers and the United States submitted a censure motion to the UN's nuclear watchdog in an effort to ramp up pressure on Iran
  • Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing to offer sanctions relief

Israel deports Greta Thunberg after intercepting Gaza-bound aid boat

Tel Aviv, Israel - Campaigner Greta Thunberg arrived home in Sweden late Tuesday, after Israel detained her and other activists aboard...
  • Of the 12 activists on board the Madleen, which was carrying food and supplies for Gaza, four including Thunberg agreed to be deported immediately
  • The remaining eight were taken into custody after they refused to leave Israel voluntarily, and brought before a detention review tribunal on Tuesday

‘What wrong did he do?’ Gaza family mourn three-year-old shot dead

Gazan mother Amal Abu Shalouf ran her hand over her son's face and hair, a brief farewell before a man...
  • "Amir, my love, my dear!" cried his mother, struggling to cross the crowded courtyard of Nasser Hospital in Khan Yunis
  • The grieving mother, comforted by relatives, said her young son had been begging for food in recent days and dreaming of a piece of meat

EU removes UAE from ‘high-risk’ money-laundering list, adds Monaco

The European Commission said it added Algeria, Angola, Ivory Coast, Kenya, Laos, Lebanon, Namibia, Nepal and Venezuela, along with Monaco,...
  • In addition to the UAE, it removed Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal and Uganda.
  • The moves come after a money-laundering watchdog said in February it had removed the Philippines from its list of countries that face increased monitoring.

ADNOC Gas announces $5 billion investment in Rich Gas Project

Abu Dhabi, UAE -- ADNOC Gas announced Tuesday it has made a final investment decision on the first phase of...
  • UK-based firm Wood secured the largest tranche, valued at $2.8 billion, for work at the Habshan facility.
  • Petrofac will lead a $1.2 billion project for the Das Island facility, while Kent Plc will manage a $1.1 billion project covering the Asab and Buhasa sites.

IBM claims ‘real world’ edge in quantum computing race

San Francisco, United States -- Technology veteran IBM on Tuesday laid out a plan to have a "practical" quantum computer...
  • Current quantum computers are still experimental and face significant challenges, including high error rates.
  • Companies like IBM, Google, and others are working to build more stable and scalable quantum systems.

World Bank cuts growth forecast on trade tumult, warns of ‘deep’ harm

The bank lowered its projection for global GDP growth to 2.3 percent in its latest economic prospects report, down from...
  • "That's the weakest performance in 17 years, outside of outright global recessions," said World Bank Group chief economist Indermit Gill.
  • By 2027, the World Bank expects global GDP growth to average 2.5 percent in the 2020s, which would be the slowest rate in any decade since the 1960s.

Warner Brothers Discovery will split company to build streaming

The move, which reallocates assets such as HBO Max and CNN, is the latest reflection of how streaming is remaking...
  • The entertainment giant will break itself into two publicly traded companies: one covering "Streaming & Studios" and the other "Global Networks."
  • The shift, designed to enable each venture to "maximize its potential," is expected to be completed by mid-2026, the company said

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...

Latest News

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...

Arab states erupt in condemnation after US strikes on Iran

Iran's former arch-rival in the region, Saudi Arabia, which has been engaged in a Chinese-brokered détente with Tehran since 2023,...

Saudi says ‘no radioactive effects’ detected, more US embassy staff leaves Iraq

"No radioactive effects were detected on the environment of the Kingdom and the Arab Gulf states as a result of...

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US attacks three key Iranian nuclear facilities, mega bombs likely used in strikes

Trump called on Iran to "agree to end this war," saying that "now is the time for peace." But it...
  • Trump said the United States struck three main Iranian nuclear sites: Fordo, Natanz and Isfahan, with the former being hit with a "full payload of bombs."
  • Natanz was Iran's main uranium enrichment site, with nearly 70 cascades of centrifuges at its two enrichment plants, while a uranium conversion facility.

Iran-Israel war must not become refugee crisis: United Nations

UNHCR, the UN's refugee agency, said the intensity of the attacks between the two sides was already triggering population movements...
  • Strikes in Israel had caused people to seek shelter elsewhere in the country and in some cases abroad.
  • Iran hosts the largest number of refugees in the world -- around 3.5 million -- most of them from Afghanistan.

India will ‘never’ restore Pakistan water treaty: minister

New Delhi will "never" reinstate a key water treaty it suspended with Pakistan over deadly violence in India-administered Kashmir, the...
  • India halted the agreement following an April attack on civilians which it accused Pakistan of backing, a charge denied by Islamabad
  • Despite a ceasefire holding, India's interior minister said his government would not restore the treaty which governs river water critical to parched Pakistan