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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Gaza civil defence says Israel strikes on two schools kill more than 18

Senior civil defense official Mohammad al-Mughayyir said 60 people were also wounded and more than 40 still missing in the...
  • "This is a clear targeting of schools and safe civilian facilities in the Gaza Strip," he said.
  • Turkish President Recep Tayyip Erdogan and the emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, meanwhile call for greater international efforts to stop conflict escalation.

Qantas scraps non-stop UK flight due to Middle East unrest

Sydney, Australia - Australian airline Qantas scrapped its non-stop Perth to London flight Thursday, saying the decision was taken as a...
  • The flight, usually a non-stop 17-and-a-half hour journey, will now refuel in Singapore, allowing it to carry a full load of passengers on a route that avoids contested air space
  • The region is bracing for a military retaliation from Iran against Israel, following the killing of Ismail Haniyeh, the political leader of the Palestinian group Hamas

Saudi taekwondo star edged out in historic Olympic women’s medal pursuit

Abu Taleb had qualified for the Games by bagging gold at the 2020 Arab Taekwondo Championship and bronze medals at...
  • Abu Taleb was defeated by Mobina Nematzadeh of Iran in the bronze medal play-off in the -49kg division of the taekwondo competition played out inside Paris' Grand Palais
  • The 27-year-old had won her last 16 clash against Israel's Abishag Semberg before losing her quarter-final against Panipak Wongpattanakit of Thailand

Turkey joins South Africa’s Israel ‘genocide’ case at ICJ

A Turkish parliamentary delegation accompanied by the Turkish ambassador to the Netherlands filed a "declaration of intervention" at the ICJ's...
  • South Africa's Dec 2023 case alleges that Israel's Gaza offensive, launched in retaliation for Hamas' bloody October 7 attack on Israel, breached the 1948 UN Genocide Convention.
  • In a ruling January 26, the ICJ told Israel to do everything possible to prevent acts of genocide during its military operations in Gaza, which have left nearly 40,000 dead.

After AI, quantum computing eyes its ‘Sputnik’ moment

Cambridge, United Kingdom - Quantum computing promises society-changing breakthroughs in drug development and tackling climate change, and on an unassuming English...
  • The founder of Cambridge-based Riverlane, Steve Brierley, predicts that the technology will have its "Sputnik" breakthrough within years
  • "Quantum computing is not going to be just slightly better than the previous computer, it's going to be a huge step forward," he said

Hamas names Sinwar new chief as region braces for Iran retaliation against Israel

Iran blames Haniyeh's death on Israel and has vowed to avenge him, while Hamas's Lebanese ally Hizbollah has also pledged...
  • The announcement came with the Middle East on edge as it awaited Iran's retaliation over the killing of Haniyeh in Tehran
  • Sinwar, who has been Hamas's leader in Gaza since 2017 - with Haniyeh living in Qatar - has not been seen since the October 7 attack

Bangaldesh Nobel winner Yunus ready to lead after Hasina flees

Dhaka, Bangladesh -- Bangladesh Nobel winner Muhammad Yunus said Tuesday he is ready to head a caretaker government, a day after...
  • Microfinance pioneer Yunus, 84, is credited with lifting millions out of poverty -- earning the enmity of ousted Hasina and the wide respect of millions of Bangladeshis.
  • Army chief General Waker-Uz-Zaman announced Monday the military would form an interim government, saying it was "time to stop the violence".

Palestinian officials say 12 dead in Israel West Bank raids

Aqaba residents said Israeli troops arrived at dawn and surrounded the house of Amid Ghanam, leading to clashes between troops...
  • Five people were killed in the Jenin area and four in Aqaba town in Tubas district
  • The Israeli army said three people were killed and two arrested in another raid

US in ‘around-the-clock’ push against Mideast war

Biden called King Abdullah II of Jordan, which helped down Iranian drones and missiles in an earlier showdown in April,...
  • Biden and Blinken engaged in diplomacy to try to ease tensions sparked by a suspected Israeli attack that killed Hamas political leader Ismail Haniyeh
  • Biden had been hoping in his final months in office to end the Gaza war and work on clinching a landmark deal between Israel and Saudi Arabia

US personnel injured in rocket attack on Iraq base

US President Joe Biden and Vice President Kamala Harris were briefed on the attack, the White House said. "They discussed...
  • The rocket fire is the latest in a series of attacks targeting Ain al-Assad base in western Iraq, which hosts American troops as well as personnel from the US-led coalition
  • An Iraqi military source had earlier said that multiple rockets were fired at the base, with some landing inside it and another hitting a nearby village but not causing damage

UN nuclear chief heads to Iran for crucial talks

International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear...

Latest News

Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation

Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...

Major tech companies turn to nuclear energy to power data centers and AI initiatives

Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman...

“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures

Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle...

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Escalating Conflict: Israel strikes Hezbollah in Lebanon killing mayor war

Hezbollah claimed it destroyed an Israeli tank using a guided missile, while Israel reported killing Hezbollah leader Jalal Mustafa Hariri...
  • The latest exchanges came as Israel faced increasing international pressure after UN peacekeepers in Lebanon were wounded
  • The region is braced for Israel's promised retaliation against its arch-foe Iran for launching around 200 missiles at Israel on October 1

Middle East crisis top-of-mind at first EU-Gulf summit in Brussels

Confirmed at the last minute, the presence of Saudi Arabia's Crown Prince among the six Gulf leaders in attendance heightened...
  • The European Union is the second-largest trading partner for GCC countries but talks on a trade pact have languished for years.
  • Gulf countries have repeatedly called for the creation of a Palestinian state alongside Israel, with some playing a key role in efforts to secure a ceasefire in Gaza.

Asian markets track Wall Street losses on worries over tech rally

Hong Kong, China- Asian markets mostly fell on Wednesday after a tech-led sell-off on Wall Street fueled by worries about the...
  • Chip titan and market darling Nvidia sank more than four percent
  • Japan's Nikkei 225 was off more than two percent