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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.

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

Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...
  • With Kyiv and European capitals still stunned by Trump's surprise call with Putin, the US president also said he would "love" to have Russia back in the G7
  • Trump - who has cast himself in his second term as a global peacemaker - also said he would consider a summit with Putin and China's Xi Jinping "when things calm down."

Israel says could fulfil Trump’s Gaza displacement plan if hostages not freed, Hamas says truce deal ‘fragile’

Hamas has said it would postpone the release citing Israeli violations, and hours later, Trump warned that "hell" would break...
  • The remarks by Israeli Defence Minister Israel Katz came shortly after Palestinian group Hamas said it would not bow down to US and Israeli threats
  • The truce has largely halted more than 15 months of fighting and seen Israeli captives released in small groups in exchange for Palestinians in Israeli custody

At least $53 billion needed to rebuild Gaza, UN estimates

United Nations, United States - More than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that...
  • The global body said in a report that a "political and security framework" must also be put in place so that recovery and rebuilding can begin
  • Much of Gaza -- including schools, hospitals and other civic infrastructure -- has been reduced to rubble by a withering Israeli military offensive

Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid

The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...
  • The foreign ministry said Egypt "hopes to cooperate" with Trump's administration on the matter, with the goal of "reaching a fair settlement of the Palestinian cause"
  • It said its plan would provide for the reconstruction of Gaza "in a clear and decisive manner that ensures the Palestinian people stay on their land

Jordan king set for tense Trump talks as Gaza truce under strain

The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both...
  • King Abdullah is a key US ally but last week rejected "any attempts" to take control of the Palestinian territories and displace its people.
  • Every year, Jordan receives around $750 million in economic assistance from Washington and another $350 million in military aid.

Israeli director Nadav Lapid decries ‘blindness’ over Gaza

Cannes, France - Director Nadav Lapid said his new film "Yes" about a musician asked to re-write the Israeli national...

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Turkey, Israel must ease tensions in Syria: analysts

Six months after Bashar al-Assad's fall, Turkey and Israel are both operating in Syria with starkly opposing agendas, stoking fears...

Indian PM vows to stop waters key to rival Pakistan

New Delhi, India - Prime Minister Narendra Modi said Tuesday that water from India that once flowed across borders will...

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...

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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...
  • It comes as the United Nations and aid organisations have repeatedly warned of the humanitarian catastrophe on the ground, with famine looming again
  • The Israeli official said the expanded operations "will include, among other things, the conquest of the Gaza Strip and the holding of the territories

Trump eyes Erdogan’s help to end Ukraine war

NATO member Turkey has sought to maintain good relations with both of its Black Sea neighbors since the Russian invasion...
  • Trump said on his Truth Social network that Erdogan had also invited him to visit Turkey and that the Turkish leader would be meeting him in Washington
  • "I look forward to working with President Erdogan on getting the ridiculous, but deadly, War between Russia and Ukraine ended -- NOW!" Trump posted

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