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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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.

Complaint against Israeli President received: Swiss prosecutors

Israeli President Isaac Herzog has been targeted with a criminal complaint during a visit to Switzerland, Swiss prosecutors said, amid...
  • The Federal Prosecutor's Office said that it had received a criminal complaint against the Israeli president.
  • South Africa launched the emergency case at the ICJ, arguing that Israel had breached the 1948 UN Genocide Convention.

Strange calls may precede Israeli attacks in Lebanon

BEIRUT, LEBANON - "Good morning, madame. This is the bank calling. Are you at home?"  Since the Israel-Hamas war broke out...
  • Since the Israel-Hamas war broke out, residents of southern Lebanon have been receiving strange phone calls from Lebanese numbers.
  • Lebanese security officials and the Iran-backed Hizbollah group, a Hamas ally, believe the strange calls are in fact from Israelis.

WTO hopes to finalize fishing agreement

GENEVA, SWITZERLAND -  The head of the World Trade Organization's fisheries talks voiced optimism  on Tuesday about striking an agreement on...
  • The 164 WTO members kicked off a month of negotiations this week at the global trade body's headquarters in Geneva.
  • The draft text is intended to help members reach agreement on a so-called "clean text" for submission to ministers in Abu Dhabi.

Shell halts Red Sea shipments over attack fears, say report

WASHINGTON, US - British oil giant Shell has paused transit through the key Red Sea shipping route indefinitely, over fears of...
  • The worries of escalation grew after United States and United Kingdom strikes on scores of sites in rebel-held Yemen.
  • The Houthis have been targeting what they deemed Israeli-linked vessels, but after the strikes, they declared US and British interests "legitimate targets."

Emirates to recruit 5,000 crew members in 2024

DUBAI, UAE – Emirates will hire 5,000 people as it awaits the arrival of its fleet of Airbus A350s.The airline is...
  • The airline is inviting fresh graduates with internships or part-time jobs on their résumés.
  • It is inviting individuals keen to embark on an exciting career travelling the globe. .

Turkish strikes leaves hundreds of Syrian villages without electricity

Qamishli, Syria - Hundreds of northeast Syrian villages and towns have lost power after Turkish strikes pounded electricity stations and infrastructure,...
  • The Kurdish administration said Turkey launched a slew of strikes since Friday, mostly concentrated on infrastructure including power stations and oil refineries
  • The semi-autonomous Kurdish administration listed hundreds of villages and towns facing blackouts due to the Turkish strikes in a statement Monday

EU worried Red Sea attacks could spark inflation

European Union economy commissioner Paolo Gentiloni warned that violence in the Red Sea sparked by Houthi attacks on shipping could...
  • Gentiloni said that "what is happening in the Red Sea... is not for the moment apparently creating consequences on energy prices and inflation".
  • Tensions in the Red Sea have soared after the United States and Britain carried out strikes on Houthi rebels in Yemen.

Global personal computer shipments decline 14.8 percent in 2023

DUBAI, UAE - Worldwide PC shipments totaled 63.3 million units in the fourth quarter of 2023, a 0.3 percent increase...
  • PC shipments reached 241.8 million units in 2023, a 14.8 percent fall from 2022.
  • This is the first time that shipment volume has dipped below 250 million since 2006.

Saudi Arabia to highlight role in dealing with global challenges at WEF meet

RIYADH, SAUDI ARABIA – Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef said that the Kingdom’s participation in the...
  • Saudi Arabia’s participation in the annual meet underscores its pivotal role in the transition toward carbon neutrality.
  • The Kingdom’s engagement provides an opportunity for communication with key players in the private sector globally.

Yemen’s Houthi rebels have built a significant arsenal  

DUBAI, UAE - Yemen's Houthi rebels, who vowed to retaliate against US and British strikes early on Friday against key military...
  • Iran-backed Houthis have carried out a spate of attacks in the Red Sea, claiming to be targeting ships with Israeli links.
  • The Houthis have been steadily developing their military capabilities since 2014, when they seized the Yemeni capital Sanaa.

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

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Russia not in danger of trading oil at a loss, says Lavrov

MOSCOW, RUSSIA – Russia does not see the risk of trading oil at a loss due to the redistribution of...

S.Africa says Israel war undermining top UN court

South Africa's top diplomat accused Israel of setting a precedent for leaders to defy the top UN court, as she...

Google’s new AI for corner kick tactics gets Liverpool approval

PARIS, FRANCE – Liverpool football analysts have given their seal of approval to a new artificial intelligence tool from Google that...

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UAE investments abroad reach US$2.5trn in beginning of 2024, says UAEIIC

ABU DHABI, UAE – The United Arab Emirates has solidified its position as a leading regional and global player in...
  • This robust financial footprint positions the UAE as a significant economic force with strong potential for continued expansion.
  • The focus on emerging markets and the creation of strategic partnerships further amplifies this momentum.

Shipping service connecting India, South East Asia with Saudi Arabia comes up

RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
  • This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
  • This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.

Attack on Gaza’s Rafah inevitable, says Israeli PM

Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security...
  • Israel has repeatedly threatened to launch a ground offensive against Hamas in Rafah.
  • US has said it cannot support a Rafah operation without a "credible, achievable, executable plan" to shelter civilians.