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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.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Netanyahu commits to Trump’s Gaza plan as Rubio seeks Arab backing in Saudi talks

In a statement on Monday, Israeli Prime Minister Benjamin Netanyahu said he was "committed to US President Trump's plan for...
  • Arriving in the kingdom after talks in Israel, Secretary of State Marco Rubio - on his first visit to the Middle East - met Crown Prince Mohammed bin Salman
  • A Saudi source had earlier told AFP that Riyadh would host a regional summit later this week "to discuss Arab alternatives" to President Donald Trump's plan for Gaza

Saudi Arabia’s sports fund invests in DAZN streaming service

Paris, France - Saudi Arabian sports investment fund SURJ, linked to the kingdom's sovereign wealth fund, has acquired a minority stake...
  • SURJ, originally named SRJ, was established in August 2024 by Saudi Arabia's Public Investment Fund (PIF) "to invest in acquiring and creating new sports events
  • SURJ and DAZN will work closely to establish DAZN MENA, a joint venture that will unlock new broadcasting opportunities for Saudi Arabia's growing sports sector

War-weary Gazans reel from ‘500 days of humiliation’

Gaza City, Palestinian Territories -- For 500 days since an unprecedented Hamas attack on Israel triggered the Gaza Strip's deadliest war,...
  • The United Nations has said more than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that has gripped the territory.
  • The Israeli military campaign by land, air and sea has killed at least 48,284 people in Gaza, the majority of them civilians.

Netanyahu and Rubio align on aggressive strategies toward Hamas and Iran in Jerusalem talks.

US Secretary of State Marco Rubio and Israeli Prime Minister Benjamin Netanyahu have pledged to "open the gates of hell"...
  • The pledges came during a joint address to reporters in Jerusalem, where Rubio began his first Middle East trip as secretary of state in President Donald Trump's new administration
  • "Hamas cannot continue as a military or a government force... they must be eliminated," Rubio said of the Palestinian group that fought Israel for more than 15 months

Sisi discusses Middle East peace with World Jewish Congress chief

Cairo, Egypt -- Egyptian President Abdel Fattah al-Sisi told the head of the World Jewish Congress Ronald Lauder on Sunday that...
  • During his meeting with Lauder in Cairo on Sunday, Sisi called for starting the reconstruction of war-battered Gaza "without displacing its residents from their land".
  • "The establishment of a Palestinian state... is the only guarantee to achieve lasting peace," Sisi told Lauder on Sunday.

BRICS summit planned for July in Rio, says current chair Brazil

Rio de Janeiro, Brazil - Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in...
  • Brazilian Foreign Minister Mauro Vieira said that the summit will be held July 6-7 and feature leaders of 20 countries with full or associate status in the bloc
  • The BRICS group has expanded significantly since its inception in 2009, and now includes countries such as Iran, Egypt and the United Arab Emirates

Lavrov, Rubio pledge to restore dialogue and work on settling Ukraine conflict, says Moscow

The call came ahead of an expected summit between Donald Trump and Vladimir Putin amid mounting concern from Ukraine and...
  • The call came days after the US president's call to Putin ended almost three years of no contact between Moscow and Washington during the Ukraine conflict
  • According to Moscow, Lavrov and Rubio pledged to "maintain a channel of communication to resolve the accumulated problems in US-Russian relations".

Three Gaza hostages set for release after ceasefire crisis abates

Jerusalem, Undefined - Israel said Friday it had received the names of three hostages to be freed by militants in exchange...
  • The hostages due for release Saturday are Israeli-American Sagui Dekel-Chen, Israeli-Russian Sasha Trupanov and Israeli-Argentinian Yair Horn
  • The January 19 ceasefire has been under massive strain since US President Donald Trump proposed a takeover of the territory

Saudi Arabia to host Arab summit on Trump’s Gaza plan, Egypt, Jordan, Qatar and the UAE to attend

Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to...
  • Arab countries have come together in a rare united front, outraged by the idea of displacing the Palestinians en masse
  • For Palestinians, any forced displacement evokes memories of the mass displacement of their ancestors during Israel's creation in 1948

Hezbollah supporters protest banning Iranian planes from landing in Beirut

Beirut, Lebanon - Hezbollah supporters blocked the Beirut airport road and burned tyres on Thursday to protest a decision barring two...
  • Some of the young men raised Hezbollah's yellow flag and held pictures of Nasrallah, killed in an Israeli strike in September
  • Israel has repeatedly accused Hezbollah of using Lebanon's only airport to transfer weapons from Iran

Iran-US nuclear talks set for Rome this week: Oman mediator

Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome...

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Hamas says Gaza truce talks pointless as Israel wages ‘hunger war’

Hamas on Tuesday dismissed as pointless ceasefire talks with Israel, accusing it of waging a "hunger war" on Gaza, where...

Syria state TV relaunches, months after Assad’s ouster

Damascus, Syria - Syrian state television officially relaunched on Monday with a trial broadcast almost five months after the ouster...

Israel cabinet approves plan for Gaza ‘conquest’

Israel resumed major operations across Gaza on March 18 amid deadlock over how to proceed with a two-month ceasefire that...

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Iran says Israel’s Netanyahu dragging US into ‘disaster’ in region

Tehran, Iran - Iran's Foreign Minister Abbas Araghchi on Monday accused Israeli Prime Minister Benjamin Netanyahu of attempting to drag...
  • Araghchi also accused Netanyahu of "attempting to brazenly DICTATE what President Trump can and cannot do in his diplomacy with Iran."
  • Iran's top diplomat cited US support for Israel in its war in Gaza against Palestinian group Hamas since the unprecedented October 2023 attack by the militants

Pakistan conducts second missile test, India readies civil defence drills

Islamabad, Pakistan - Pakistan conducted a second missile test and India ordered civil defence drills in an escalating stand-off over...
  • New Delhi blames Islamabad for backing an attack on tourists last month - the deadliest against civilians on the Indian-administered side of the Himalayan territory for years
  • Pakistan rejects the accusations, and the two sides have exchanged nightly gunfire since April 24 along the de facto border in Kashmir, the militarised Line of Control

Damascus club shooting sparks fears of restriction on freedoms

A deadly shooting Monday at a Damascus club, days after another attack on the capital's nightlife, has sparked fears, adding...
  • Since the fall of longtime ruler Bashar al-Assad in December, the international community has been pressing the new authorities to respect personal freedoms
  • The Syrian Observatory for Human Rights monitor said gunmen attacked Karawan "with automatic weapons and opened fire, killing a woman and wounding others."