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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.

Iran president in Oman as nuclear talks progress

Iranian President Masoud Pezeshkian on Tuesday began a two-day visit to Oman, which is mediating ongoing nuclear talks between Tehran...

Syrian President’s first foreign trip to Saudi Arabia signals Syria’s shift away from Iran’s influence.

Syrian President Ahmed al-Sharaa met Saudi Crown Prince Mohammed bin Salman in Riyadh, marking his first foreign visit and signaling...
  • Al-Sharaa’s visit signals Syria’s pivot away from Iran and closer ties with the Gulf states
  • Saudi Arabia is leading efforts to reintegrate Syria into the regional fold and push for sanctions relief

Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...
  • Peter-Lucas Jones, a Time100 AI 2024 List honoree, discussed AI's role in preserving the Te Reo Maori language at the World Economic Forum in Davos.
  • His team at Te Hiku Media developed Te Reo Maori natural language processing tools and an automatic speech recognition model.

Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling

Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...
  • The key report findings highlighted that there will be 78 million new job opportunities by 2030 but urgent upskilling is needed to prepare workforces.
  • The fastest-growing skills by 2030 will include technological skills alongside human skills, such as cognitive skills and collaboration.

Davos25: Working in silos can’t resolve systemic issues, says Catalyst Now’s Galtung

Davos, Switzerland -- Some of the biggest problems in the world today are systemic problems, which cannot be resolved with...
  • From 200 organizations in 2020, Catalyst Now has grown to 3,800 organizations working in 140 countries.
  • It's for the first time that there's a Social Innovation House in Davos. There is a commitment to do it again next year.

Trump pledges historic tax cuts, investment growth, oil price action, and Ukraine peace effort at Davos 2025

The newly inaugurated president remarked that he would “like to meet with President Putin soon” and “get the war ended,”...
  • The newly inaugurated president said he would reduce the US corporate tax rate from 21% to 15%, with foreign companies manufacturing goods in the US benefiting directly
  • Trump also indicated that lowering oil prices could be a key step towards ending the Ukraine-Russia war, urging Saudi Arabia and OPEC to reduce the cost of oil

Workers should have a say in AI implementation, says TUAC general secretary

Davos, Switzerland -- The transformation seen in the labor market brought about by green transition and new technologies has raised...
  • Nilsson said that in the green transition, the new jobs that have been created are of lower quality and workers are less protected.
  • AI can reduce discrimination in hiring but the technology itself can be rigged to increase discrimination, she warns.

EXCLUSIVE: ILO chief urges action on job gap and reskilling at Davos 2025

Davos, Switzerland -- The world labor market is nearing the pre-Covid levels but gender gap and other concerns remain, International...
  • Houngbo said he saw the unemployment gap between young women and young men to the disadvantage of women.
  • The most important thing is that the private and public sectors need to step up investment in reskilling, he said.

Nations retreating inward making global cooperation harder, Dr Masood tells TRENDS at Davos

Davos, Switzerland - The world is grappling with challenges that demand collective action, but rising nationalism and geopolitical tensions are...
  • The world faces problems that can only be solved if people and countries come together, Dr. Masood said
  • He pointed to US-China tensions as a major barrier to addressing shared global challenges

UNRWA: Reconstructing Gaza Strip exceeds agency’s capabilities due to severe damage

Gaza, Palestine - The United Nations Relief and Works Agency for Palestine Refugees (UNRWA), confirmed today that the reconstruction process...
  • UNRWA said that the agency can contribute to rehabilitating the infrastructure in the camps and returning employees to work inside them, and operating their wells.
  • The agency emphasized that locating the missing—numbering in the thousands beneath the rubble—requires meticulous planning and the expertise of specialized teams

Trump’s second term begins: Highlights Middle East hostage return, promises diplomacy over conflict among top priorities

Trump vowed to be a “peacemaker and unifier,” citing the Israel-Hamas ceasefire and hostage release as key steps toward peace,...
  • "My proudest legacy will be that of a peacemaker and unifier. That’s what I want to be," Trump declared after taking the oath of office
  • He highlighted the ceasefire and hostage release agreement between Israel and Hamas as a significant step toward peace

Islamic State claims first attack on new Syria forces since Assad fall: monitors

The Islamic State (IS) group on Thursday claimed its first attack on Syria's new government forces since the fall of...

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Rubio urges India, Pakistan to communicate to ‘avoid miscalculation’

Washington, United States - US Secretary of State Marco Rubio urged India and Pakistan to restore direct communication to "avoid...

Israel not part of Gaza food aid plan: envoy

Israel would not be involved in food distribution under a US-led plan for the Gaza Strip but would provide "necessary military...

Pakistan says India has brought neighbours ‘closer to major conflict’

Pakistan charged India Friday with bringing the nuclear-armed neighbours "closer to a major conflict", as the death toll from three...

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Kurdish PKK says held ‘successful’ meeting on disbanding

The outlawed Kurdistan Workers' Party (PKK) held a "successful" meeting this week with a view to disarming and disbanding, a...
  • On February 27, Ocalan urged his fighters to disarm and disband, ending a decades-long insurgency against the Turkish state
  • Turkey's President Recep Tayyip Erdogan has warned there will be harsh consequences "if the promises are not kept"

US says new foundation to spearhead Gaza aid

Israel has imposed a blockade for two months on Gaza, leading UN agencies and other humanitarian groups to warn of...
  • State Department spokeswoman Tammy Bruce said the foundation was non-governmental and would make an announcement "shortly," without offering further details
  • "We welcome moves to quickly get urgent food aid into Gaza... in a way that the food aid actually gets to those to whom it's intended," Bruce told reporters

First responders in Gaza say running out of supplies

Gaza City, Palestinian Territories - First responders in Gaza said Thursday that their operations were at a near standstill, more...
  • Over 20 independent experts mandated by the UN's Human Rights Council demanded action on Wednesday to avert the "annihilation" of Palestinians in Gaza
  • The UN's agency for children, UNICEF, warned that Gaza's children face "a growing risk of starvation, illness and death" after UN-supported kitchens shut down