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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

Warm Trump-Erdogan ties puts Turkey at heart of peace diplomacy

Turkey is deploying all-out diplomatic efforts to secure a Russia-Ukraine deal, to ease Syria's relations with the West and facilitate...
  • Turkish President Recep Tayip Erdogan took part remotely in a landmark Riyadh meeting between Trump and Syria's new leader Ahmed al-Sharaa
  • Analysts say Washington has gravitated towards Turkey thanks to the personal connection between Trump and Erdogan

Ukraine, Russia to hold first direct talks since 2022

War rivals Ukraine and Russia are set to go into their first direct talks in more than three years on...
  • Ukraine's President Volodymyr Zelensky had challenged Putin to meet him in person in Istanbul, but the Russian delegation names only a lower-level team
  • Putin's absence would diminish the importance of the first direct negotiations since a failed effort in the weeks after Russia's 2022 invasion

Trump to close deal-making Gulf tour in UAE, announces big Boeing order for Qatar Airways

US President Donald Trump on Thursday closes a Middle East tour in the United Arab Emirates as he focuses squarely...
  • Trump will fly to the Emirati capital Abu Dhabi after a stop in Qatar, where the president hailed what he said was a record $200 billion deal for Boeing aircraft
  • He started the trip in Saudi Arabia which promised its own $600 billion in investment, including one of the largest-ever purchases of US weapons

Turkey eyes legal steps after Kurdish militant group PKK disbands

Ankara, Turkey - After the decision by the Kurdish militant group PKK to disband, Turkey was eyeing Wednesday a raft...
  • The pro-Kurdish DEM party urged Ankara on Tuesday to take "confidence-building steps" such as freeing political prisoners
  • So far, Turkish officials have said little but the government is working on a proposal that could ease prison sentences in general

Gaza rescuers say 80 killed in Israeli strikes

Gaza rescuers said at least 80 people were killed in Israeli bombardment across the Palestinian territory on Wednesday, as Israeli...
  • AFP footage from the aftermath of a strike in Jabalia, northern Gaza, showed mounds of concrete rubble and twisted metal from collapsed buildings
  • Footage of mourners in the north of the territory showed women in tears as they kneeled next to bodies wrapped in bloodstained white shrouds

Trump presses Syria leader on Israel after lifting sanctions

US President Donald Trump landed in Doha Wednesday after visiting Riyadh, where he urged Syria's president to normalise with Israel...
  • Trump became the first US president in 25 years to meet a Syrian leader -- Ahmed al-Sharaa, an erstwhile Islamist guerrilla and jihadist who had been on a US wanted list
  • Turkey and Saudi Arabia both advocated reconciliation with Syria, but the move is the latest to put Trump at odds with Israel, which has expressed deep scepticism of Sharaa

Trump welcomed grandly as Saudis invest big in US arms

Under imposing chandeliers, Trump welcomed a promise by Crown Prince Mohammed bin Salman, who effectively rules the kingdom due to...
  • The White House said that Saudi Arabia would buy nearly $142 billion in weapons in what it described as the largest-ever weapons deal
  • The US leader will also visit Qatar and the United Arab Emirates, fellow oil-rich Arab monarchies with long-standing ties to the United States, and to Trump

Ocalan: founder of the PKK who authored its end

Abdullah Ocalan, the jailed founder of the militant Kurdistan Workers' Party (PKK), is an icon to many Kurds but a...
  • After a decades-long insurgency against Turkey that resulted in tens of thousands of deaths, the PKK said on Monday it was disbanding and ending its armed struggle
  • The move came after Ocalan issued a historic call on February 27 for his fighters to lay down their arms in a major step towards ending the decades-long conflict

Al Jazeera says allowed to resume work in Palestinian territories

Ramallah, Palestinian Territories - Al Jazeera's Ramallah bureau chief said on Monday the news channel could resume working in the...
  • The Ramallah-based Palestinian Authority (PA) ordered the suspension of the Al Jazeera's broadcasts on January 1, accusing it of incitement
  • The channel had aired footage of what appeared to be Palestinian security officers entering the network's office in Ramallah and handing over the suspension orders

Israel hits Gaza hospital in raid Hamas says killed journalist

Israel's military said it struck a Gaza hospital housing militants, in a raid on Tuesday that, according to Hamas, killed...
  • The strike, which Hamas said happened at dawn, ended a brief pause in fighting to allow the release of a US-Israeli hostage
  • The Israeli military said that "significant Hamas terrorists" had been "operating from within a command and control centre" at Nasser Hospital

US asking countries for ‘voluntary’ Palestinian relocation: Rubio

Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...

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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...

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...

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...

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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...
  • The offensive, known as "Operation Gideon's Chariots", comes as Israel faces pressure to lift a sweeping aid blockade in return for a US-Israeli hostage released by Hamas
  • Israel resumed its military offensive in Gaza on March 18 after a two-month truce in its war against Hamas, triggered by an attack by the Palestinian group in October 2023

No Israel stop for Trump on Mideast tour shows shifting ties

Jerusalem, Undefined -- US President Donald Trump's decision to skip over Israel in his Middle East tour was just the...
  • The United States in early May sealed a ceasefire with Yemen's Houthi rebels that has left Israel out of the picture.
  • The deal was announced just hours after a missile fired by the rebels landed within the perimeter of Tel Aviv's international airport, leading to the cancellation of flights.

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.