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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.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

Iran, EU diplomatic heads meet at Jordan summit

SWEIMEH, JORDAN - Iran's Foreign Minister Hossein Amir-Abdollahian met Tuesday with EU foreign policy chief Josep Borrell on the sidelines of...
  • The meeting comes at a time when negotiations in Vienna aimed at reviving the 2015 Iran nuclear deal are stalled.
  • EU foreign policy chief Josep Borrell tweeted that the meeting was "necessary... amidst deteriorating Iran-EU relations".

After hosting World Cup, Qatar looks to secure 2036 Olympics

During the tournament, Qatar was awarded the 2025 world table tennis championships and the opening race of the world endurance...
  • The 2036 Olympics is the next big prize. The emir, Sheikh Tamim bin Hamad Al-Thani, is an IOC member and Qatar has already bid for the 2016, 2020 and 2032 Games.
  • The IOC has a declared policy of rotating the Games, and the Olympics have never been held in the Middle East. Qatar could face competition from Saudi Arabia and Turkey.

UAE takes part in 17th Asia Pacific Regional Meeting of ILO

SINGAPORE -   The UAE has participated in the 17th Asia Pacific Regional Meeting of the International Labor Organization (ILO) in...
  • Over 500 representatives of governments, labor organizations and companies from 33 countries took part in the meeting.
  • The meeting discussed labor priorities and ways to promote employment in the Asia Pacific.

Argentina beat France on penalties to win World Cup

Argentina defeated France 4-2 in a penalty shoot-out to win the World Cup for the third time on Sunday. Argentina...
  • France had fought back from 2-0 down and 3-2 down in extra-time to make it 3-3 and take the game to penalties.
  • Messi had given Argentina the lead from the penalty spot in the first half before Angel Di Maria made it 2-0.

UN nature deal calls to protect 30% of planet by 2030

MONTREAL, CANADA - A UN nature deal proposed Sunday calls to protect at least 30 percent of the planet by 2030...
  • It called on wealthy countries to increase financial aid to the developing world to $20 billion annually by 2025.
  • Developing countries, spearheaded by Brazil, were seeking the creation of a new fund to signal the global north's commitment to the cause.

Croatia beat Morocco to finish third at World Cup

Croatia defeated Morocco 2-1 in the World Cup third place play-off on Saturday, with Mislav Orsic curling home the winner....
  • Orsic's terrific curling strike late in the first half ensured Croatia took home the bronze medal.
  • Walid Regragui, the Morocco coach, said there was a lot for his team to proudly reflect on after they became the first African semi-finalists in World Cup history.

UAE participates in First Framework Working Group meeting within G20 Finance Track

BENGALURU, INDIA - The UAE participated in the first Framework Working Group (FWG) meeting within the G20 Finance Track, which...
  • Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the work plan for FWG in 2023.
  • The meeting was also attended by G20 members, invited countries and representatives from international organizations.

Climate change fuelling cholera surge, says WHO

GENEVA, SWITZERLAND - Climate change is fueling a global cholera upsurge, the WHO said Friday, warning the situation was compounded by...
  • Fatality rates are extremely high for most of the countries for which the UN health agency has data.
  • Cholera outbreaks can be prevented by ensuring access to clean water and improving surveillance.

UN force in Lebanon calls for probe into Irish peacekeeper’s death

The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting...
  • Lebanon's caretaker Prime Minister Najib Mikati and army chief Joseph Aoun visited the UNIFIL headquarters in the border town of Naqura.
  • It is the first death of a UNIFIL member in a violent incident in Lebanon since January 2015,

Morocco to host Club World Cup in February, expanded event to start in 2025

DOHA, QATAR - Morocco will host the next Club World Cup in February, FIFA president Gianni Infantino announced on Friday, while...
  • The Club World Cup will take place from February 1 to 11, 2023.
  • The competition is set to continue in its existing format featuring the champions of the six continental federations along with the top team from the host nation.

Four space station crew members leave for Earth

WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...

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Asian countries score high in keenly watched PISA education survey

Paris, France - Asian countries dominated the top spots in a keenly watched survey of education capabilities published Tuesday, while levels...

We respect climate science, says COP28 head

DUBAI, UAE - The Emirati president of the UN's COP28 talks said on Monday he respects climate science, after a leaked...

MENA region can create 10m jobs by 2050 via climate action, says ILO

DUBAI, UAE - International Labor Organization (ILO) Deputy Regional Director for the Arab States Peter Rademaker has confirmed that the...

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US pledges $3bn to a global climate fund at COP28 meet

Developing countries least responsible for climate change are seeking support from richer polluting nations to adapt to the increasingly ferocious...
  • The amount, which must be approved by the US Congress, will go into the Green Climate Fund (GCF), which was created in 2010
  • The last US contribution to the fund for developing countries was made under then President Barack Obama, who committed $3 billion in 2014

UAE President attends Group of 77 and China meeting at COP28

DUBAI, UAE – At the UN Climate Change Conference (COP28) here, UAE President Sheikh Mohamed bin Zayed Al Nahyan attended...
  • The UAE President expressed the country's commitment to enhancing global cooperation to achieve the ambitious goals set for COP28.
  • These include accelerating the shift to a sustainable, low-carbon and economically robust model to deal with climate change.

Mumtalakat, Investcorp ink pact

The firms have jointly launched a climate investment platform.
  • The platform will make investments in businesses where they have matured past many of the risks that face earlier stage ventures.
  • They must manage and minimize the execution risks associated with expansion in middle-market investments.