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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.

Biden to meet national security chiefs as Mideast war fears grow

US Secretary of State Antony Blinken told his counterparts from the G7 nations that any attack could happen within 24...
  • The United States has deployed extra fighter jets and warplanes to the region to support Israel
  • The tensions also appeared to have torpedoed US hopes of any immediate ceasefire

Jordan FM meets Iran president as Middle East tensions soar

The political head of Palestinian group Hamas was killed early on Wednesday in Tehran, where he had attended the inauguration...
  • The Jordanian foreign ministry said Safadi would deliver a message from King Abdullah II to the Iranian president
  • Iran has held talks with multiple Arab countries including Jordan, Egypt, Oman and Qatar among others since Haniyeh's killing

Shah Rukh Khan to be honoured at Locarno Film Festival

Held on the shores of Lake Maggiore, in the Italian-speaking Ticino region of southern Switzerland, films are screened in Locarno's...
  • Bollywood superstar Khan, 58, will on Saturday be given the Pardo alla Carriera award for people whose artistic contributions have redefined cinema
  • Founded in 1946, Locarno is one of the world's longest-running annual film festivals and focuses on auteur cinema.

G7 foreign ministers met by videoconference over Mideast: Italy

Rome, Italy -- G7 foreign ministers met by videoconference Sunday to discuss the Middle East and expressed "strong concern" over the...
  • "Together with our partners, we have expressed strong concern about recent events that threaten to determine a regionalization of the crisis," Italian foreign minister said.
  • The foreign ministers, it said, "reiterated the priority of a favorable conclusion of the negotiations on the ceasefire in Gaza and the release of hostages".

Travellers rush to leave Lebanon amid spiking tensions

Several airlines including Lufthansa and Air France have delayed or suspended flights to Lebanon, and countries have issued urgent calls...
  • Fears have spiked that months of cross-border violence could degenerate into all-out conflict between Hezbollah and Israel, who last fought a devastating war in the summer of 2006.
  • Embassies have repeatedly urged their citizens to leave Lebanon while commercial flights are still available.

Fears of Middle East war grow after Hamas leader’s killing

Israel on Saturday again traded fire with Hezbollah, carried out a deadly raid in the occupied West Bank, and struck...
  • Israel ally the United States said it would move warships and fighter jets to the region, while Western governments called on their citizens to leave Lebanon
  • Iran-backed groups from Lebanon, Yemen, Iraq and Syria have already been drawn into the nearly 10-month war between Israel and Palestinian group Hamas in Gaza

US to deploy more warships, fighter jets to Mideast

Defense Secretary Lloyd Austin has also ordered additional ballistic missile defense-capable cruisers and destroyers to the Middle East and areas...
  • The announcement comes after Iran and its regional allies vowed retaliation for the killings of a Hamas leader in Tehran and a Hizbollah commander in Beirut
  • The aircraft carrier strike group led by the USS Abraham Lincoln will replace one helmed by the USS Theodore Roosevelt in the region, Singh said

Thousands bid farewell to Ismail Haniyeh in Qatari capital

Haniyeh was laid to rest in Lusail, north of the capital Doha, following funeral prayers at the Gulf emirate's largest mosque...
  • "In this moment, I buried my soul under the dirt and I departed. I departed with all the pain of the world in my ribs," she captioned the video uploaded on X.
  • Mourners earlier on Friday lined up inside Imam Muhammad bin Abdul Wahhab Mosque, where Haniyeh's casket, draped in a Palestinian flag, was briefly carried in.

Biden says US committed to defend Israel against ‘all threats from Iran’

Biden, who was joined on the call by Vice President and Democratic presidential candidate Kamala Harris, also emphasized the "ongoing...
  • The call between the leaders also came after Israel announced it had "eliminated Hezbollah military commander Fuad Shukr in Beirut
  • Netanyahu's government has not commented on the slaying of Hamas political leader Ismail Haniyeh in Tehran, but the Palestinian group has blamed Israel

Intel to slash workforce

The company to cut approximately $20 billion in expenses this year.
  • The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended quarter
  • Intel reported having 124,800 employees at the end of last year, meaning the layoffs could hit about 18,000 positions

Saudi Arabia appoints new CEO to drive NEOM’s mega-city project forward

In a big move, Saudi Arabia appoints Aiman al-Mudaifer as NEOM’s interim CEO, a strategic choice to advance the futuristic...

Latest News

UN report says 1.1 billion people in acute poverty

More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday,...

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...

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...

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Netanyahu rejects ceasefire’ in Lebanon, Hezbollah threatens to expand the scope of its missile strikes across Israel

In a call with French President Emmanuel Macron, Netanyahu said he was "opposed to a unilateral ceasefire, which does not...
  • Netanyahu's comments came as the United States ramped up pressure over Israel's conduct of the wars in Lebanon and Gaza
  • Netanyahu has insisted there must be a buffer zone along Israel's border with Lebanon where there is no presence of Hezbollah fighters

Netanyahu assures Biden, Iran counterstrike will only target military sites as war spreads to Lebanon and Gaza

US officials, citing Netanyahu’s pledge, reported relief in Washington as Israel’s counterstrike on Iran will not target oil or nuclear...
  • Israel has vowed to counterattack after Iran fired ballistic missiles at the country on October 1, launched in response to Israel's killing of Tehran-aligned leaders in the region
  • Biden has warned Israel against striking Iran's nuclear or oil facilities in order to avoid a further expansion of regional war and amid worries of a spike in global energy prices

Israel strikes Lebanon after Netanyahu vows no mercy for Hezbollah

srael's military launched strikes Tuesday on eastern Lebanon, as Hezbollah fought Israeli soldiers after Prime Minister Benjamin Netanyahu vowed no...
  • Statement comes a day after a drone attack by Hezbollah killed four Israeli soldiers
  • The Unifil peacekeepers will stay in their positions despite suffering injuries