Search Site

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.
  • Telegram chief Pavel Durov arrested at French airport: officials

    Paris, France - French police arrested Telegram chief executive Pavel Durov on Saturday at an airport near Paris for alleged offences...

    The Franco-Russian billionaire, 39, was detained at Le Bourget airport north of the French capital on Saturday evening, one of the officials told AFP

    "Enough of Telegram's impunity," said one of the investigators, adding they were surprised Durov came to Paris knowing he was a wanted man

  • China’s robot makers chase Tesla to deliver humanoid workers

    Beijing, China - China dominates the market for electric vehicles. Now it's chasing in the race to build battery-powered humanoids...

    Annual global market for humanoid robots could reach $38 billion by 2035

    Tesla, reiterated it expected to move beyond prototypes to start producing Optimus in small volumes next year

  • Anthropic hit with class-action lawsuit over copyright infringement

    Anthropic, the Amazon-backed artificial intelligence startup, on Monday, was hit with a class-action lawsuit in California federal court over alleged...

    "An essential component of Anthropic’s business model is the larges scale theft of copyrighted works"

    This case follows another lawsuit brought against Anthropic last October by Universal Music

  • Boeing suspends 777X flight tests after part failure, its latest quality control issue

    New York, United States - Boeing has suspended flight testing of its new 777X wide-body jet after identifying the failure of...

    Boeing has been beset in recent years with concerns about safety and quality control, with a near-catastrophic incident on an Alaska Airlines Boeing 737 MAX in January

    Boeing's new chief executive Kelly Ortberg, 64, took over earlier this month on a pledge to restore trust in the embattled manufacturer

  • Social media platform X to shutter local operations in Brazil

    Social media platform X, formerly Twitter, will shutter its local operations in Brazil following a bitter legal tussle over the...

    A post Saturday from X's Global Government Affairs department said Moraes had "threatened our legal representative in Brazil with arrest if we do not comply with his orders."

    It said the office closure was necessary "to protect the safety of our staff," adding, "the responsibility lies solely with Alexandre de Moraes."

  • Crypto crime drops 19.6% as digital ecosystem matures

    Advanced blockchain analysis tools, such as those provided by Chainalysis, are empowering law enforcement agencies and enterprises to counter the...

    Research by Chainalysis found that flow of crypto funds to legitimate services has reached their highest levels since 2021

    Aggregate illicit activity over the same period fell by an impressive 19.6 percent

  • Middle East War

    West tells Iran to ‘stand down’ Israel attack threats; Tehran says ‘no way’

    With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...

    Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr

    The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week

  • Apple makes changes to App Store after EU warning

    From the autumn, Apple said developers in the EU "can communicate and promote offers for purchases" wherever they want, for...

    The EU said the App Store terms prevented app developers from freely steering consumers to alternative ways to pay

    This makes Apple the first ever tech firm to face accusations of breaching a new law known as the Digital Markets Act

  • Oman, China bilateral trade grows by 8% to $15bn till May

     The volume of bilateral trade between the Sultanate of Oman and the People’s Republic of China has increased 8% in...

    The major projects in Oman are in new energy, mining, electricity generation, IT and communications

    Chinese investments in Oman stood at over US$6.6bn

  • Saudi Arabia submits official bid to host FIFA World Cup 2034 after successful Qatar event in 2022

    The next steps include official visits by FIFA and a comprehensive evaluation of the bid.

    This bid highlights Saudi Arabia’s commitment to Vision 2030

    Saudi Arabia is currently the sole nation bidding for the 2034 World Cup