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DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Iran ready to negotiate with US but not under ‘maximum pressure’: minister

In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its...
  • In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its nuclear programme in return for the easing of international
  • However, in 2018, during his first term, Trump unilaterally withdrew the United States from the agreement and reinstated heavy sanctions on Tehran, despite European opposition

Israel orders negotiators to Doha after fifth hostage-captive swap completed under truce deal

Hamas official Bassem Naim warned that Israel’s "procrastination" in implementing the agreement could jeopardize the ceasefire, as negotiations began on...
  • Israel confirmed 73 hostages remain in Gaza, with 34 presumed dead
  • Hamas defended the hostages' condition, calling it "acceptable" under Gaza’s crisis

Israel to receive US-made bombs and Hellfire missiles worth $7.4 bn despite past curbs under Biden administration

The State Department has signed off on the sale of $6.75 billion in bombs, guidance kits and fuses, in addition...
  • The proposed sale of the bombs "improves Israel's capability to meet current and future threats, strengthen its homeland defense, and serves as a deterrent to regional threats
  • And the missile sale would "improve Israel's capability to meet current and future threats by improving the ability of the Israeli Air Force to defend Israel's borders

Trump condemned for ICC sanctions over Israel, US probes

The United Nations and the European Union also urged Trump on Friday to reverse the decision ordering asset freezes and...
  • The sanctions could impact the court's technical and IT operations, including evidence gathering. There are fears victims of alleged atrocities may hesitate to come forward.
  • Antonio Costa, who heads the European Council representing the EU's 27 member states, wrote on X that the move "undermines the international criminal justice system".

Israel orders army to prepare Gaza exodus plan as Trump rules out US troop deployment in the territory

Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could...
  • Trump proposes U.S. control of Gaza but rules out deploying American troops
  • UN warns forced displacement of Palestinians would amount to ‘ethnic cleansing

West Bank’s Jenin camp going in ‘catastrophic direction’: UNRWA

The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed...
  • The operation has also seen troops levelling buildings in a refugee camp adjacent to Jenin, according to UNRWA spokeswoman Juliette Touma.
  • "Large parts of the camp were completely destroyed in a series of detonations by the Israeli forces. It is estimated that 100 houses were destroyed or heavily damaged," she said.

Trump, Netanyahu to discuss Gaza ceasefire, regional stability in White House meeting

Trump has floated a controversial plan to relocate Palestinians to neighboring countries, but Egypt, Jordan, and ceasefire mediator Qatar have...
  • Netanyahu is in Washington for talks with the new Trump administration on a second, longer-term phase of Israel's fragile truce with the Palestinian group Hamas
  • Trump has meanwhile repeatedly touted a plan to "clean out" Gaza, calling for Palestinians to move to neighboring countries such as Egypt or Jordan

Norway nears 100% goal of all-electric cars

By comparison, the share of electric cars in Europe was just 13.6 percent in the full-year 2024, a decline for...
  • A total of 9,343 new cars were sold in January, of which 8,954 were all-electric, the Norwegian Road Federation (OFV) said.
  • Of the 50 most-sold models, only two were non-electric, the first of which came in 33rd place, the OFV said.

OPEC+ sticks to oil output plan after Trump’s price demand

In a bid to boost prices, the Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and Russian-led allies...
  • In December, eight OPEC+ countries announced they would start phasing out 2.2 million bpd of voluntary supply cuts from April.
  • The decision to stick to the alliance's timetable to unwind cuts comes after Trump said last month that he would ask Saudi Arabia and OPEC to lower oil prices.

Palestinian Authority suspends Al Jazeera broadcasts

The Palestinian Authority on Wednesday ordered the suspension of broadcasts by Qatar-based Al Jazeera across the Palestinian territories, accusing the...
  • Militant group Hamas condemned the decision to ban the network
  • Tensions between the two sides followed recent coverage of clashes between Palestinian security forces and militants in Jenin

Netanyahu commits to Trump’s Gaza plan as Rubio seeks Arab backing in Saudi talks

In a statement on Monday, Israeli Prime Minister Benjamin Netanyahu said he was "committed to US President Trump's plan for...

Latest News

Egypt ex-graft chief freed from prison, charged again: activist

A military court had found Geneina guilty in 2018 of "spreading information to harm the military", after he had said...

UN admits aid failure for Syria as quake toll hits 33,000

Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...

At least 20 escape Syria prison holding IS inmates after quake

The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...

Musk kicks Kanye West off Twitter for ‘incitement to violence’ 

West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...

10 killed in Aleppo building collapse: Syria state media

The five-story building collapsed in the Ferdaws neighbourhood of Aleppo. Civil defence and local authorities evacuated residents from nearby buildings...

Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...

Stocks mostly rise, oil falls as Trump fans Ukraine peace hopes

London, United Kingdom -- Major stock markets mostly rallied and oil prices retreated Thursday on hopes for an end to the...

Second edition of Saudi art biennale seeks to modernize Islamic tradition

Jeddah, Saudi Arabia - Under a vast canopy of tents in the Saudi city of Jeddah, religious artefacts are on display...

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UAE to launch DeepSeek-inspired AI models: Faisal Al Bannai

Dubai, United Arab Emirates -- The United Arab Emirates is planning to launch new artificial intelligence models inspired by China's DeepSeek,...
  • The UAE is betting big on the transformational technology as part of its push to diversify its economy away from fossil fuels.
  • The UAE launched Falcon in 2023, a large language model that compared favorably with industry leaders including OpenAI's ChatGPT.

At least $53 billion needed to rebuild Gaza, UN estimates

United Nations, United States - More than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that...
  • The global body said in a report that a "political and security framework" must also be put in place so that recovery and rebuilding can begin
  • Much of Gaza -- including schools, hospitals and other civic infrastructure -- has been reduced to rubble by a withering Israeli military offensive

Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid

The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...
  • The foreign ministry said Egypt "hopes to cooperate" with Trump's administration on the matter, with the goal of "reaching a fair settlement of the Palestinian cause"
  • It said its plan would provide for the reconstruction of Gaza "in a clear and decisive manner that ensures the Palestinian people stay on their land