Search Site

Trends banner

Global

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Turkey says Erdogan to meet Joe Biden at White House on May 9

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan will meet with US counterpart Joe Biden at the White House on May...
  • The Biden administration in January approved $23 billion in F-16 warplanes for Turkey swiftly after it ratified Sweden's stalled NATO membership bib
  • Some analysts additionally linked Turkey's continued delays to Erdogan's anger at Washington for its support of how Israel is pursuing its war against Hamas

US census to include Middle Eastern or North African category

The next US census and federal government forms will include new options for race and ethnicity including a category for...
  • "These updated standards will help create more useful, accurate and up-to-date federal data on race and ethnicity," US Chief Statistician Karin Orvis said.
  • These revisions will enhance the ability to compare data across federal agencies, and to understand how federal programs serve a diverse America.

US Federal Reserve’s preferred inflation gauge ticks up as fuel costs rise

WASHINGTON, US – The US central bank's favored measure of inflation edged higher last month on the back of rising fuel...
  • The personal consumption expenditures price index rose at an annual rate of 2.5 percent in February.
  • Much of the February increase in the cost of goods came from energy prices, which rose 2.3 percent from January.

Russia says ‘evidence’ links Ukraine to Moscow attack

MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...
  • Russian officials alleged the suspects had received "significant amounts of money and cryptocurrency from Ukraine".
  • The officials said that said another man "involved in financing the terrorists" had been identified and detained.

Rise in remittances hikes demand for Jordanian dinar, says chamber of commerce

AMMAN, JORDAN – Rising remittances from the Kingdom’s citizens working abroad has contributed to increasing demand for Jordanian dinar.Exchange companies...
  • There are positive indicators suggesting a stabilization in Jordan’s economy.
  • Presently the currency exchange sector comprises 250 firms across Jordan.

US defense chief tells Israeli counterpart that Gaza toll is ‘too high’

US Defense Secretary Lloyd Austin told his Israeli counterpart Yoav Gallant that civilian casualties in Gaza are "too high". A...
  • A senior Pentagon official said that US Defense Secretary had discussed his hopes that negotiations would "soon produce the release of all hostages."
  • The United States has backed Israel with both military and diplomatic support.

Trump tells Israel media ‘you’re losing support’ over Gaza war

Former US president Donald Trump warned Israel in an interview that it was losing support over the war in Gaza....
  • Trump frequently touts himself as a devoted ally of Israel, pointing to his decision to move the US embassy to Jerusalem.
  • The former US President said he would have responded to Hamas's attack "very much the same way" Israel did.

World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City

RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
  • Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
  • Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.

EU imports US$120.5bn worth of energy products in Q4 2023

BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...
  • Compared with the same period in 2022, imports decreased both in value (-34.2 percent) and in net mass (-11.7 percent).
  • Comparing 2023 with 2022, the value of energy products dropped by 35 percent, while the volume dropped by 9.4 percent.

Putin vows retribution on Moscow concert hall attacks, as toll rises

Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
  • It is the deadliest attack on Russia in almost two decades and the deadliest in Europe to have been claimed by the Islamic State.
  • Russian officials expect the death toll to rise further, with more than 100 injured in hospital.

Money, mining and marine parks: The big issues at UN ocean summit

Nice, France -- France is hosting world leaders this week to confront what the United Nations calls a global "emergency"...

Latest News

Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner

Davos, Switzerland – Mark Elsner, Head, Global Risks Initiative, World Economic Forum sat with TRENDS during WEF’s summit in Davos...

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...

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Most Read

Hajj pilgrimage ends amid deadly Saudi heat spike

Crown Prince Mohammed bin Salman said on Sunday that Saudi officials had committed "to provide everything that will serve those...
  • One of the world's largest religious gatherings unfolded during the oven-like Saudi summer again this year
  • Authorities recorded more than 2,700 cases of "heat exhaustion" on Sunday alone, the Saudi health ministry said

Pulitzer Prizes honor coverage of war in Gaza

New York, United States - The war in Gaza featured prominently in Monday's Pulitzer Prizes, which included a special citation for...
  • The New York Times won a Pulitzer in international reporting for its "wide-ranging and revelatory coverage of Hamas's lethal attack in southern Israel on Oct. 7
  • Reuters meanwhile won the award for breaking news photography for its "raw and urgent" coverage of the October 7 attack and Israeli response

Trump increasingly ambiguous on Israel amid Gaza war

At the start of Israel's war with Hamas in October, Donald Trump loudly presented himself as the key US ally's...
  • In an exchange with Israeli media, Trump warned that videos "of bombs being dropped into buildings in Gaza" offer "a very bad picture for the world."
  • Despite allusions to his concerns, Trump has not explicitly mentioned the humanitarian crisis in Gaza, where experts warn a famine is looming.