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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.

MENA Mergers & Acquisitions deal value up 66% in Q1, hits $46 Billion

Dubai, UAE -- The Middle East and North Africa (MENA) region has kicked off 2025 with a record-breaking first quarter...
  • According to Saudi M&A Consulting, this robust growth reflects rising investor confidence, favorable regulatory reforms, and strong macroeconomic fundamentals across the region.
  •  Cross-border M&A accounted for 81 percent of total deal value and 52 percent of the total number of transactions, with 117 deals executed, the highest in the last five years.

US, China seek to extend trade truce with London talks

After a round of talks in Geneva last month, the United States and China will sit down at the negotiating...
  • US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will lead the US delegation
  • Chinese Vice Premier He Lifeng - who led Beijing's negotiating team in Geneva - will also lead the team in London, the foreign ministry announced at the weekend

NATO learns as Ukraine’s Operation Spider’s web changes battlefield: NATO Commander

Brussels, Belgium - Ukraine's "creativity", including its massive "Spider's web" drone attack deep inside Russia, holds profound lessons for Western...
  • Vandier said the operation showed how crucial innovation and adaptation were for victory, as modern warfare changes at lightning speed
  • "We are entering a dynamic era where armies must rely on both major planning but also adaptive planning," the navy commander said

Israel says Gaza-bound activist boat carrying Greta Thunberg redirected

The Madleen departed from Italy on June 1 to bring awareness to food shortages in Gaza, which the United Nations...
  • In a statement, the coalition said the Israeli military intercepted the Madleen around 3:02 am CET (0102 GMT) just off the coast of Gaza
  • Israel's foreign ministry said it had redirected the boat towards Israeli shores, and expected those onboard to return to their home countries

UN summit to tackle ’emergency’ in world’s oceans

Nice, France - A global summit on the dire state of the oceans kicks off Monday in France, with calls...
  • The appeal for unity comes as nations tussle over a global plastics pollution treaty, and the United States sidesteps international efforts to regulate deep-sea mining
  • On the eve of the summit, Brazil's President Luiz Inacio Lula da Silva said that leaders must act now: "The planet can no longer tolerate broken promises."

US aerospace manufacturers insist they have no use for tariffs

New York, United States -- US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that...
  • US aerospace and defense exports reached $135.9 billion in 2023, including $113.9 billion for civil aviation alone.
  • This allowed the sector to generate a trade surplus of $74.5 billion and to invest $34.5 billion in research and development.

Iran says no sanctions relief in US nuclear proposal

Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not...
  • Parliament speaker Mohammad Bagher Ghalibaf called it a sign of dishonesty, accusing the Americans of seeking to impose a "unilateral" agreement that Tehran would not accept.
  • "The delusional US president should know better and change his approach if he is really looking for a deal," Ghalibaf said.

Israel says to block Gaza-bound aid boat carrying Greta Thunberg

I have instructed the military to prevent the Madleen flotilla from reaching Gaza," Israeli Defense Minister Israel Katz said in...
  • Aboard the boat are nationals of Germany, France, Brazil, Turkey, Sweden, Spain and the Netherlands.
  • In May, another Freedom Flotilla ship, the Conscience, reported coming under drone attack.

Chinese man defies demolition orders to build madcap rural home

Xingyi, China -- Surrounded by the rubble of demolished homes, Chen Tianming's ramshackle tower of faded plyboards and contorted beams...
  • Authorities razed most of Chen's village in Guizhou province in 2018 to build a lucrative tourist resort in a region known for its spectacular rice paddies.
  • Chen, 42, refused to leave, and after the project faltered, defied a flurry of demolition notices to build his family's humble stone bungalow higher and higher.

How are the 2026 World Cup contenders shaping up?

Only eight countries have won the World Cup in 22 editions up to the most recent tournament in Qatar, when...
  • Of the eight previous World Cups held on the American continent, seven have been won by a South American team.
  • There was a European winner in Brazil in 2014, when Germany edged Argentina in the final.

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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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...

Tesla expected to launch long-discussed robotaxi service, will use Model Y

New York, United States -- Tesla is expected to begin offering robotaxi service Sunday in Austin, an initial step that...

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...

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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

Tens of thousands join pro-Palestinian marches across Europe

Protesters in the British capital waved Palestinian flags, donned keffiyeh scarves and carried signs including "Stop arming Israel" and "No...
  • There have been monthly protests in the British capital since the start of the 20-month-long war, which has ravaged Gaza.
  • Saturday's march comes amid heightened global tensions as the United States mulls joining Israel's strikes against Iran.

Tens of thousands join pro-Palestinian marches in London and Berlin

Tens of thousands of pro-Palestinian protesters marched in London and Berlin on Saturday calling for an end to the war...
  • Protesters in the British capital waved Palestinian flags, donned keffiyeh scarves and carried signs including "Stop arming Israel" and "No war on Iran."
  • There have been monthly protests in the British capital since the start of the 20-month-long war between Israel and Hamas, which has ravaged Gaza