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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.

Iranian ballistic missiles target US base in Qatar, the largest in Middle East

No casualties reported in the attack that came a day after the US attacked three key nuclear facilities in Iran....

EU seeks Gaza progress after Israel found in breach of cooperation deal

Brussels, Belgium -- The EU said Monday that Israel must improve the humanitarian situation in Gaza or else face possible...
  • The European Union's top diplomat, Kaja Kallas, said the bloc hopes to use a review of the EU-Israel Association Agreement to pressure Israel to ease suffering in Gaza.
  • The bloc last month launched an audit of the EU-Israel deal, which forms the basis for trade ties, under one of its articles calling for respect of human rights.

Oil prices seesaw as investors await Iran response to US strikes

US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on...
  • They later dipped briefly into the red and then wobbled, standing down around one percent as European markets closed.
  • Iran is the world's ninth-biggest oil-producing country, exporting just under half of the 3.3 million barrels it produces per day.

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...
  • Asian stocks were lower as traders digested the weekend's events, with Iran threatening US bases in the Mideast
  • Iran is the world's ninth-biggest oil-producing country, with output of about 3.3 million barrels per day

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...
  • "Our successes in Iran are contributing to the successes in Gaza, but it will still take a bit more time," added the Israeli premier
  • They were constantly acting on several fronts, he added, "...but we are getting closer, step by step, to our objectives, Netanyahu said

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...
  • International concern focused on fears that the unprecedented US attacks would deepen conflict in the volatile region after Israel launched a bombing campaign against Iran
  • Netanyahu meanwhile said his country's military strikes will "finish" once the objectives of destroying Iran's nuclear and missile capabilities are achieved

UN’s Syria envoy outraged by Damascus church attack

The United Nations special envoy for Syria denounced Sunday's attack on a church in Damascus that killed at least 20...
  • Syria's interior ministry said a member of the Islamic State jihadist group was behind the attack, in which dozens of people were wounded
  • UN envoy Geir Pedersen "condemns in the strongest possible terms the terrorist attack at St. Elias Church... which killed and injured civilians who were attending mass."

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.

UN climate chief warns ‘lot more to do’ before COP30

UN climate chief Simon Stiell urged countries on Thursday to accelerate negotiations ahead of the COP30 in Brazil as there...

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...

What does NATO’s 5% spending deal really mean?

The Hague, Netherlands - NATO leaders are set to sign off Wednesday at their Hague summit on a defence spending...

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,...

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...

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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.