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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.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

Israel army announces ‘extensive ground operations’ in ramped-up Gaza campaign

Since a two-month ceasefire collapsed in March as Israel resumed its offensive, negotiations mediated by Qatar, Egypt and the United...
  • Israel has faced increasing pressure to lift its aid blockade, as UN agencies warn of critical shortages of food, clean water, fuel and medicine.
  • The UN had warned of the risk of famine in Gaza long before the aid blockade was imposed.

Saudi airline resumes first Iran hajj flights since 2015

Riyadh, Saudi Arabia -- A Saudi airline has resumed flights for Iranian hajj pilgrims to the kingdom for the first...
  • Flynas is a budget airline based in Saudi Arabia, which operates domestic and international routes.
  • Officials stressed that the flights were not commercial and were only for the hajj pilgrimage.

Pope Leo XIV: Mild-mannered American with global view

The 69-year-old pontiff saw the challenges facing the worldwide Catholic Church up close in two decades as a missionary in...
  • And he already has a keen grasp of the inner workings of the Vatican, thanks to two years in a powerful role within the Roman Curia.
  • With his calls this week for peace and in railing against inequality and social injustice, Pope Leo has drawn parallels with his reforming predecessor, Pope Francis.

Dbeibah calls on armed groups to align with state

Days of clashes in the capital have pitted an armed group aligned with the Tripoli-based government against groups it has...
  • The country has remained deeply divided since the 2011 NATO-backed revolt that toppled and killed longtime leader Moamer Kadhafi.
  • The recent fights have killed at least eight people, said the UN, while the authorities have yet to release an official tally.

The US towns that took on ‘forever chemical’ giants — and won

Washington, United States -- No corner of Earth is untouched. From Tibet to Antarctica, so-called "forever chemicals" have seeped into...
  • Tainting food, water and wildlife, these toxic substances have been linked to ailments ranging from birth defects to rare cancers.
  • Yet if it weren't for the efforts of residents in two heavily impacted American towns, the world might still be in the dark.

Morocco to reopen embassy in Syria after Assad fall

Morocco said Saturday it will reopen its embassy Damascus, closed since 2012, signalling renewed support for Syria after the overthrow...
  • The decision was announced in a letter from King Mohammed VI to Syria's interim President Ahmed al-Sharaa
  • The letter said Morocco backed the Syrian people "in their quest for freedom, security, and stability."

A day after first direct talks between officials, Kremlin says Putin-Zelensky meeting possible only after pact

The Kremlin said Saturday a meeting between Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky would be possible only after both...
  • US President Donald Trump, who has been pressing Russia to agree a 30-day unconditional ceasefire, said later in the day that he would speak by phone with Putin on Monday.
  • On Friday, the first direct talks since the spring of 2022 between Ukraine and Russia in Istanbul resulted in a concrete agreement to exchange 1,000 prisoners each

Arab summit presses for end to Gaza ‘bloodshed’ as Israel launched an expanded military offensive

Arab leaders meeting Saturday at a summit in Baghdad urged the international community to press for a Gaza ceasefire, as...
  • In a joint final statement, Arab League members also called for funding to back their Gaza reconstruction plan
  • It came hours after Israel's military launched a new Gaza offensive, saying it was part of "the expansion of the battle in the Gaza Strip."

Moody’s downgrades US credit rating on rise in govt debt

Moody's on Friday downgraded the United States's credit rating from the top triple-A level, citing rising levels of government debt...
  • The downgrade to Aa1 from Aaa adds to the bad news for the US president, coming on the same day his flagship spending bill failed to pass a key vote in Congress
  • Moody's decision to downgrade the United States from its top credit rating reflects a recent surge in US borrowing costs, which was further fueled by the Covid-19 pandemic

Trump reshapes US Mideast policy. Can deals work instead?

The Israeli military said Saturday it had launched "extensive strikes" as part of a fresh offensive in Gaza, after rescuers...
  • Trump vowed during his swing through Saudi Arabia, Qatar and the United Arab Emirates that there would be no more "lectures on how to live."
  • In an extraordinary rupture with his predecessors, Trump then lambasted what he called the "neo-cons" that oversaw bloody US military interventions in the region

EU to lift all economic sanctions on Syria to help the war-torn country

EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn...

Latest News

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Biden, Kadhemi meeting to focus on US troop withdrawal from Iraq

The White House talks between the two allies come just a week after a deadly attack claimed by the Islamic...

Bomb-laden drones hit Erbil airport in northern Iraq

The attack took place at around 1930 GMT but caused no injuries or major damage Since the start of the...

Pope Leo XIV: Mild-mannered American with global view

The 69-year-old pontiff saw the challenges facing the worldwide Catholic Church up close in two decades as a missionary in...

Dbeibah calls on armed groups to align with state

Days of clashes in the capital have pitted an armed group aligned with the Tripoli-based government against groups it has...

The US towns that took on ‘forever chemical’ giants — and won

Washington, United States -- No corner of Earth is untouched. From Tibet to Antarctica, so-called "forever chemicals" have seeped into...

Most Read

A day after first direct talks between officials, Kremlin says Putin-Zelensky meeting possible only after pact

The Kremlin said Saturday a meeting between Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky would be possible only after both...
  • US President Donald Trump, who has been pressing Russia to agree a 30-day unconditional ceasefire, said later in the day that he would speak by phone with Putin on Monday.
  • On Friday, the first direct talks since the spring of 2022 between Ukraine and Russia in Istanbul resulted in a concrete agreement to exchange 1,000 prisoners each

Arab summit presses for end to Gaza ‘bloodshed’ as Israel launched an expanded military offensive

Arab leaders meeting Saturday at a summit in Baghdad urged the international community to press for a Gaza ceasefire, as...
  • In a joint final statement, Arab League members also called for funding to back their Gaza reconstruction plan
  • It came hours after Israel's military launched a new Gaza offensive, saying it was part of "the expansion of the battle in the Gaza Strip."

Moody’s downgrades US credit rating on rise in govt debt

Moody's on Friday downgraded the United States's credit rating from the top triple-A level, citing rising levels of government debt...
  • The downgrade to Aa1 from Aaa adds to the bad news for the US president, coming on the same day his flagship spending bill failed to pass a key vote in Congress
  • Moody's decision to downgrade the United States from its top credit rating reflects a recent surge in US borrowing costs, which was further fueled by the Covid-19 pandemic