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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.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

  • CBI, zypl.ai ink partnership

    The pact aligns with CBI’s plan to support innovation in UAE.

    CBI, zypl.ai partnership signifies a strategic entry into using AI implementation for advanced credit scoring.

    CBI plans to further enhance operational efficiencies to ensure a swift and seamless lending experience.

  • Samsung expects 10-fold jump in Q1 profit

    It expects operating profits to jump to US$4.89bn.

    The company expects January-March operating profits to climb 931.3 percent to $4.89 billion

    The South Korean firm is expected to release its final earnings report at the end of this month

  • Electric cars credited with lower CO2 emissions in US neighborhoods

    LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas,...

    Scientists at the University of California, Berkeley, say a network of sensors has logged a small drop in the volume of carbon dioxide.

    Carbon dioxide is one of the main contributors to global warming, the human-caused phenomenon of rising temperatures.

  • Britain expands investigation into Vodafone-Three UK merger

    London, United Kingdom - Britain's competition regulator deepened Thursday its probe into Vodafone's planned merger of British mobile phone operations with...

    The watchdog had warned last month that the deal could have a "substantial" impact on competition and may lead to higher prices and also reduced quality for consumers.

    The merger, if approved, will vault the combined operations above the country's two largest mobile operators BT EE and Virgin Media O2 in terms of customer numbers.

  • ahli islamic introduces Sharia-compliant Money Market Fund

    MUSCAT, OMAN – As part of its investment solutions and Sharia-compliant products and services, ahli islamic, ahlibank’s Islamic banking window,...

    ahli islamic customers now have the opportunity to invest and gain exposure to attractive local and regional profit rates.

    With its lucrative returns, the new Islamic Money Market Fund is for those seeking Sharia-compliant investments.

  • RAKBANK, DP World sign pact

    The aim is to offer trade finance solutions to businesses in UAE.

    This strategic partnership leverages DP World's extensive trade network and real-time data insights.

    It empowers RAKBANK with enhanced risk assessment capabilities and streamlined access to financing.

  • Apple explores making personal robots

    It is working on a robot that may be helpful to people.

    Apple is reported to have transferred employees from the shuttered car division to generative artificial intelligence projects

    The robot project is being overseen by Apple’s hardware engineering division and its AI and machine learning group

  • OPEC+ decides to keep oil production levels unchanged

    Vienna, Austria--The participants of the 53rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum...

    The Joint Ministerial Monitoring Committee of OPEC+ agreed to keep current oil production levels unchanged

    It lauded Russia for announcing that its adjustments in the next few months will be based on production instead of exports

  • Turkish Airlines profits soar

    In December, the airline ordered 230 Airbus planes.

    The airline posted revenues of $20.9 billion last year, up 13.6 percent on 2022's figure

    The airline is controlled by the country's wealth fund, which owns 49.1 percent of shares

  • Rising threat: DDoS attacks demand proactive defense

    "Threat actors can employ artificial intelligence (AI) and machine learning (ML) algorithms to identify vulnerabilities and adapt their tactics in...

    DDoS attacks have evolved from simple nuisances to highly sophisticated and coordinated assaults, posing a significant threat to online businesses

    Today's attackers use various techniques, including amplification attacks, which exploit internet protocol vulnerabilities to multiply attack traffic, making mitigation challenging