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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

US President orders military to set up a port in Gaza for aid, say officials

President Joe Biden will tell Congress that he has ordered the US military to set up a port in Gaza...
  • US officials said the "significant capability will take a number of weeks to plan and execute".
  • US officials were careful to stress that American troops would not be on the ground in Gaza.

UN agency exhorts Israel to allow port for Gaza aid transfer

Rome, Italy - The UN's food agency on Thursday said it was pressing Israel to allow it to use the Ashdod...
  • "We have several requests with the Israelis," World Food Program (WFP) Deputy Executive Director Carl Skau told AFP in Rome.
  • "We want to use the Ashdod port, which would be much more efficient than going through Jordan or even Egypt," Skau said.

Hamas expresses dissatisfaction over Israel’s stance on Gaza truce

A senior Hamas official confirmed that the group's delegation in talks seeking a Gaza truce left Cairo for consultations in...
  • Hamas has been insisting on a complete withdrawal of Israeli forces from Gaza, the return of displaced people to their homes.
  • Israel has been asking for a list of all hostages still alive in Gaza, a task Hamas says it is unable to complete.

Scientists launch hub to channel quantum power for good

GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a...
  • Quantum computing combines advances in scientific understanding of the subatomic world with leaps in information theory.
  • The first commercial quantum computers are still believed to be up to a decade away.

European Union slaps $1.9bn fine on Apple over violation of rules

Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...
  • The $1.9 billion penalty is the third-biggest antitrust fine ever imposed by the European Commission
  • The iPhone maker immediately vowed to appeal the first ever antitrust fine slapped on Apple by Brussels

Western countries shelve plans to censure Iran at UN nuclear meet

Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of...
  • The issues include expanding its nuclear work, deactivating agency surveillance devices for monitoring Iran's nuclear program and barring senior inspectors.
  • The so-called E3 group -- France, Germany and the United Kingdom -- initially planned to censure Iran for its lack of cooperation with the agency.

UNRWA head seeks General Assembly support after backlash

The head of the UNRWA is set to defend his organization's work at the General Assembly, after crippling backlash over...
  • The UNRWA's ability to carry out its mandate is "seriously threatened," Lazzarini said.
  • The agency has been at the center of controversy since Israel accused about a dozen of its employees of involvement in the October 7 attack.

Dubai International Boat Show helps in marine business

DUBAI, UAE – Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important...
  • The exhibition is recognized as one of the most influential boat shows in the world.
  • The exhibition has wrapped up following a hugely successful week of boat sales.

US military begins dropping aid into war-torn Gaza

Israel's top ally the United States said it began air-dropping aid into war-ravaged Gaza, as the Hamas-ruled territory's health ministry...
  • It also comes as negotiations continue for a ceasefire between Israel and Hamas in the Gaza Strip.
  • US Central Command said the operation was conducted together with Jordan and saw planes drop “over 38,000 meals along the coastline of Gaza.”

Hamas team heads to Cairo for new truce talks

Palestinian Territories - A Hamas delegation was expected to fly to Cairo on Saturday for talks on a truce in...
  • The source said the delegation would submit Hamas's "official answer" to a proposal thrashed out with Israeli negotiators in Paris late last month.
  • A Hamas source told AFP that under the proposal, a truce would last for six weeks, with Hamas releasing 42 hostages in exchange for Palestinian prisoners.

Top Europe rights court to issue landmark climate verdicts

STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...

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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...

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...

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...

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OPEC Fund provides US$50m loan to support agriculture in quake-hit Türkiye

VIENNA, AUSTRIA – The OPEC Fund for International Development (OPEC Fund) is extending a US$50 million loan to Türkiye to...
  • The Development and Investment Bank of Türkiye (TKYB) will on-lend the funds to small and medium-sized enterprises.
  • This will help efforts to overcome the calamity’s impact and to promote a more resilient and sustainable agriculture sector.

Iraqi PM to visit Washington for troop talks

Washington, US – President Joe Biden will welcome Iraq's prime minister on April 15 for talks on the US troop presence,...
  • The visit will mark the first trip to Washington by Prime Minister Mohamed Shia al-Sudani, who took office in October 2022.
  • Sudani in the past has called for an exit of US forces, redeployed nearly 10 years ago as part of a campaign to defeat the Islamic State

US, Israel hold talks as Gaza truce plan fails at UN

Israel plans to send troops into Gaza's Rafah even without US support, Prime Minister Benjamin Netanyahu told Antony Blinken, as...
  • US has repeatedly blocked ceasefire resolutions at the UN Security Council but tried to pass a text mentioning an "immediate ceasefire as part of a hostage deal".
  • World leaders including staunch allies of Israel backed the renewed diplomatic push.