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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.

China calls CIA videos ‘absurd’ attempt to recruit spies for America

China's Ministry of State Security (MSS) said the placement of what amounted to job advertisements on social media platform X...
  • China said the placement of what amounted to job advertisements on social media platform X was an "amateurish gambit" to convince people to spy for America
  • CIA director John Ratcliffe said that the videos posted last month -- which implored the sharing of state secrets -- were aimed at "recruiting Chinese officials to help the US".

US intel says Iran nuclear sites not destroyed, only set back by a few months

Trump rejected that claim on Tuesday, posting on his Truth Social account that “the nuclear sites in Iran are completely...
  • Trump rebuffed that claim on Tuesday, posting on his Truth Social account that "THE NUCLEAR SITES IN IRAN ARE COMPLETELY DESTROYED!"
  • White House Press Secretary Karoline Leavitt had previously confirmed the authenticity of the assessment but said it was "flat-out wrong".

US Fed chair signals no rush for rate cuts despite Trump pressure

The Fed has a duty to prevent a one-time spike in prices from becoming an "ongoing inflation problem," said Federal...
  • The Fed has held the benchmark lending rate steady since its last reduction in December, bringing the level to a range between 4.25 percent and 4.50 percent.
  • Last week, Powell told reporters that it would make smarter decisions if it waited to understand how Trump's tariffs impact the economy.

Israel kills 46 Gazans waiting for aid as hostage families call for end to war

Civil defense spokesman Mahmud Bassal told AFP that 21 people were killed and around 150 wounded by Israeli fire near...
  • The territory of more than two million people is suffering from famine-like conditions after Israel blocked all supplies from early March to the end of May.
  • France condemned what it called deadly "Israeli fire" against civilians in a statement from the foreign ministry apparently referring to the Netzarim corridor incident.

Oil slides, stocks rise as Iran-Israel ceasefire holds

The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...
  • Prices were also brought down by Trump saying that China could continue to buy oil from Iran, in what appeared to be relief from sanctions Washington had previously imposed.
  • There was also relief that Iran has refrained from closing the strategic Strait of Hormuz, a chokepoint for about one-fifth of the world's oil supply.

Iran says not seeking nuclear weapons but will assert ‘legitimate rights’

As a fragile ceasefire with Israel took hold after 12 days of fighting that also included US strikes, Pezeshkian told...
  • The war between the longtime regional foes saw Israel strike Iranian nuclear facilities and killed nuclear scientists and the country's top military brass.
  • On Sunday, Israel's ally the United States launched unprecedented strikes of its own on Iranian nuclear facilities at Fordo, Isfahan and Natanz.

Pro-Palestinian protest leader details 104 days spent in US custody

Mahmoud Khalil, one of the most prominent leaders of pro-Palestinian protests on US campuses, recounted his experience surviving 104 days...
  • Khalil, a legal permanent resident in the United States who is married to an American citizen and has a US-born son, had been in custody since March facing removal proceedings
  • "I shared a dorm with over 70 men, absolutely no privacy, lights on all the time," the 30-year-old said Sunday on the steps of Columbia University, where he was a graduate student

NATO summit seeks to keep Trump happy – and alliance united

From meeting his spending demand to limiting the participation of Ukraine's President Volodymyr Zelensky, everything is being done to try...
  • The overriding focus of the gathering - which kicks off with dinner hosted by the Dutch king - has been on keeping Trump happy after his return to power
  • From meeting his spending demand to limiting the participation of Ukraine's President Zelensky, everything is being done to avoid chances of confrontation with volatile leader

‘Unidentified’ drone hits Baghdad base: Iraq security officials

An "unidentified" drone struck a military base in Baghdad early Tuesday while another fell in the west of the capital,...
  • The first attack hit a radar system at the Taji base, causing only material damage, a security source told AFP.
  • The strikes come hours after Iran launched missiles at a US military facility in Qatar in retaliation for the American bombing

Trump announces phased ceasefire to end conflict, Iran offers to halt strikes if Israel stops

The adversaries had been swapping missile fire since Israel carried out surprise "preemptive" strikes against Iran on June 13, targeting...
  • Trump had said the ceasefire would be a phased 24-hour process beginning at around 0400 GMT Tuesday, with Iran halting all operations. Israel would follow suit 12 hour later
  • Abbas Araghchi suggested that Iran had already halted its operation at 4am Tehran time (0030 GMT) -- and wanted a simultaneous end in attacks from Israel as well

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

100 killed in fire during wedding at Iraq event hall

At the main hospital in Hamdaniyah -- a predominantly Christian town east of Mosul that is also known as Qaraqosh...

Ailing US explorer rescued after nine days in Turkish cave

The 40-year-old explorer developed stomach problems while examining the depths of the Morca Cave, a remote complex of twisting underground...

Sad day for America, says Trump after court appearance

Former US president Donald Trump pleaded not guilty on Thursday to criminal charges that he conspired to overturn the results...

OceanGate co-founder hits back at James Cameron over Titanic sub

Soehnlein stressed it was too soon to say what happened to the Titan and that it was "tricky to navigate"...

Biden demands assault-weapons ban after 8 killed in Texas mall rampage

Responders, distressed witnesses and police described scenes of panic and horror in Allen, where video footage shared online showed the...

Iran lawmakers back suspending cooperation with UN nuclear watchdog

Tehran, Iran -- Iranian lawmakers voted Wednesday in favor of suspending cooperation with the United Nations' atomic energy watchdog, state...

James Webb Telescope captures first direct image of exoplanet TWA 7b

The telescope, which can see farther into the universe than anything before it, has turbocharged the search for planets beyond...

Trump sees ‘progress’ on Gaza, raising hopes for ceasefire

"I think great progress is being made on Gaza," Trump said, adding that his special envoy Steve Witkoff had told...

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Zohran Mamdani stuns political veteran in NYC mayoral primary

New York City Democrats chose 33-year-old Muslim socialist Zohran Mamdani as their mayoral candidate in Tuesday's elections, stunning his opponent,...
  • "Tonight was not our night," Cuomo, a political veteran who was vying to come back from a sexual harassment scandal, told supporters at an election night party
  • The party's primary contest featured almost a dozen candidates seeking to become mayor of the biggest US city, where registered Democrats outnumber Republicans three to one

China calls CIA videos ‘absurd’ attempt to recruit spies for America

China's Ministry of State Security (MSS) said the placement of what amounted to job advertisements on social media platform X...
  • China said the placement of what amounted to job advertisements on social media platform X was an "amateurish gambit" to convince people to spy for America
  • CIA director John Ratcliffe said that the videos posted last month -- which implored the sharing of state secrets -- were aimed at "recruiting Chinese officials to help the US".

US intel says Iran nuclear sites not destroyed, only set back by a few months

Trump rejected that claim on Tuesday, posting on his Truth Social account that “the nuclear sites in Iran are completely...
  • Trump rebuffed that claim on Tuesday, posting on his Truth Social account that "THE NUCLEAR SITES IN IRAN ARE COMPLETELY DESTROYED!"
  • White House Press Secretary Karoline Leavitt had previously confirmed the authenticity of the assessment but said it was "flat-out wrong".