Search Site

Trends banner

Geostrategy

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.

Israel expands ground offensive in Gaza city, dozens killed as fighting engulfs Shujaiya neighborhood

Prime Minister Benjamin Netanyahu said the army was dividing Gaza and "seizing territory" to force Hamas to free the remaining...
  • Israel has pushed to seize territory in the Gaza Strip in what it said was a strategy to force militants to free hostages still in captivity
  • In Lebanon, Hamas's military wing said its commander Hassan Farhat was killed in an Israeli strike that hit "inside his apartment" in Sidon

Nations divided ahead of decisive week for shipping emissions

London, United Kingdom -- Members of the International Maritime Organization (IMO) are divided over whether to approve a carbon tax on...
  • The carbon tax, the most ambitious measure on the table, would make it more expensive for shipping companies to emit greenhouse gases, encouraging them to curtail emissions.
  • But some member states, including China and Brazil, are proposing other measures, arguing the carbon levy would increase the cost of goods and contribute to food insecurity.

Macron, on Egypt visit, to go near Gaza to show support for ceasefire

French President Emmanuel Macron will go to an Egyptian port near the Gaza Strip next week to highlight concerns over...
  • Macron will go to Arish, 50 kilometres (30 miles) from Gaza, next Tuesday during a visit to Egypt, officials said
  • Macron is to go to Egypt on Sunday and on Monday will meet the country's President Abdel Fattah al-Sisi

Hungary announces ICC withdrawal as Israel’s Netanyahu visits

Budapest, Hungary -- Hungary on Thursday said it will quit the International Criminal Court, just as its Prime Minister Viktor...
  • Set up in 2002, the ICC, based in The Hague, seeks to prosecute individuals responsible for the world's gravest crimes when countries are unwilling or unable to do so themselves.
  • The Palestinian Authority (PA) urged Hungary to "comply with the International Criminal Court's arrest warrant by immediately handing Netanyahu over to bring him to justice.

US university calls for release of detained Turkish student

New York, United States - Tufts University on Wednesday publicly backed its student Rumeysa Ozturk, a Turkish national detained by...
  • Video of Ozturk's arrest by masked agents on a sidewalk has sparked outrage online
  • This has added to concerns about freedom of speech and respect for due process under Trump

Israel’s Netanyahu arrives in Hungary, defying ICC warrant

Israeli Prime Minister Benjamin Netanyahu arrived in Budapest early Thursday on his first trip to Europe since 2023 and in...
  • Hungarian Prime Minister Viktor Orban extended an invitation to Netanyahu last November, a day after the ICC issued the arrest warrant over alleged war crimes in Gaza
  • Orban vowed the EU member would not execute the warrant, despite being an ICC member, saying the court's decision "intervenes in an ongoing conflict... for political purposes".

Military confrontation ‘almost inevitable’ if Iran nuclear talks fail, says French foreign minister

Western countries including the United States have long accused Iran of pursuing a nuclear weapon, which Tehran has denied, insisting...
  • "Our confidence and our conviction remain intact," Barrot said. "Iran must never acquire nuclear weapons."
  • "Our priority is to reach an agreement that verifiably and durably constrains the Iranian nuclear program," he added.

Israel says expanding Gaza offensive to seize ‘large areas’

Defense Minister Israel Katz said Israel would bolster its military presence in the Palestinian territory to "destroy and clear the...
  • An Israeli group representing the families of hostages still held in Gaza said they were "horrified" by Katz's announcement of expanded military operations.
  • Meanwhile, Israel's far-right National Security Minister Itamar Ben Gvir visited Jerusalem's Al-Aqsa Mosque compound on Wednesday, drawing condemnations.

Turkish opposition calls for boycott over jailed students

The leader of Turkey's main opposition party has called for a boycott on Wednesday to protest the detention of students...
  • 301 students have been arrested for taking part in the protests against the detention on March 19 of Imamoglu, Erdogan's greatest political rival
  • Imamoglu's arrest on corruption charges, which he denies, have set off a wave of popular protests unseen in Turkey for more than a decade

Trump’s sweeping tariffs spark fears of trade war, recession, and global economic instability

The threat of a trade war has caused increasing political ructions, with Canada's looming general election on April 28 set...
  • Trump has promised to be "very kind" when he unveils the so-called reciprocal tariffs on Wednesday, but uncertainty reigned over which countries would be targeted and by how much
  • His plan has prompted vows of retaliation from major economies including the European Union on Canada and fears that it could unleash a recession at home and abroad

Macron says abandoning Gaza ‘will kill’ West’s credibility

French President Emmanuel Macron said on Friday that abandoning war-torn Gaza to its fate and giving Israel a "free pass"...

Company News

Latest News

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...

Arab League to meet in Baghdad to discuss regional crises, key leaders may give it a miss

The Arab League is meeting in Baghdad on Saturday to discuss Gaza and other regional crises, but some key leaders...

Israel launches ‘initial stages’ of new Gaza operation, threatens Huthi leaders after striking Yemen ports

The operation is part of "the expansion of the battle in the Gaza Strip, with the goal of achieving all...

Most Read

World Bank announces plans to restart Syria operations

Washington, United States -- The World Bank on Friday said it would restart operation in Syria following a 14-year pause,...
  • The Bank's operation in Syria were halted when the civil war broke out in 2011, preventing the country from gaining access to its development loans, grants, and technical expertise
  • Earlier this week, Saudi Arabia and Qatar paid off Syria's outstanding debts of around $15.5 million to the Washington-based institution.

Gaza strikes kill 120 as Hamas says aid entry ‘minimum requirement’ for talks

Aid to Gaza has been cut off since March 2, a tactic Israel has said is intended to force concessions...
  • Hamas warned that Gaza was not "for sale" hours after Donald Trump, on a visit to the region, again floated taking over the territory and turning it into "a freedom zone.'
  • Israel's aid blockade preceded a resumption of military operations on March 18, ending a ceasefire that had largely halted hostilities since mid-January

Iran, European powers to hold nuclear talks in Turkey

The Istanbul meeting follows Foreign Minister Abbas Araghchi's warning of "irreversible" consequences if the European powers move to reimpose United...
  • The Istanbul meeting follows Foreign Minister Abbas Araghchi's warning of "irreversible" consequences if the European powers move to reimpose UN sanctions on Iran
  • Trump effectively torpedoed the deal during his first term in 2018, by unilaterally abandoning it and reimposing sanctions on Iran's banking sector and oil exports