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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.

Outgoing UN rights chief urges Putin to stop attack on Ukraine

Bachelet, who steps down at the end of the month, marked the six months since the February 24 Russian invasion...
  • Bachelet urged Moscow and Kyiv to respect international human rights and humanitarian law at all times.
  • "The fighting continues, amid almost unthinkable risks posed to civilians and the environment as hostilities are conducted close to the Zaporizhzhia nuclear power plant," she said.

EU says Iran nuclear deal meeting likely this week

A meeting on resurrecting the Iran nuclear deal could be held 'this week' after Tehran submitted its response to an...
  • Earlier this month, after more than a year of talks, the EU submitted what it called a "final" text.
  • The document aims at fully restoring the nuclear deal by bringing the United States back into it, after then-president Donald Trump had Washington withdraw in 2018.

Russian agricultural products embargo to cause food crisis, says UN

Russian fertilizers and agricultural products must be able to reach world markets "unimpeded" or a global food crisis could strike...
  • UN said it is important that all governments and the private sector cooperate to bring Russian agricultural products to market
  • The UN chief vowed that his organization would try to "step up" grain exports from Ukraine before the onset of winter

Erdogan supports Ukraine, warns of ‘another Chernobyl’

The Turkish leader met his Ukrainian counterpart Volodymyr Zelensky in Lviv just two weeks after flying to Sochi for talks...
  • Erdogan said that NATO member Turkey remained firmly on Ukraine's side in the conflict.
  • His talks with Zelensky and visiting UN chief Antonio Guterres came with global alarm rising about fighting that has raged around Ukraine's Zaporizhzhia nuclear power plant.

UAE scores high in 11 best expatriate destination parameters: Survey

The UAE has exceeded international figures in 11 indexes on the best expatriate destinations based on various factors, which include...
  • German research firm InterNations said UAE achieved advanced positions in four key pillars and 11 indexes, out of five pillars and 17 indexes.
  • About 94 percent of those surveyed felt safe in the UAE while the global rate was under 81 percent.

US, Russia explore prisoner swap including arms dealer, athlete

Last weekend Bill Richardson, a former US ambassador to the UN who has negotiated the release of several Americans held...
  • 31-year-old Brittney Griner was in Russia to play for a basketball team during her off-season, when she was charged with smuggling narcotics
  • Viktor Bout was arrested in Thailand in 2008 and extradited to US, where in 2012 he was sentenced to 25 years prison on charges of arming rebels

Russia, Ukraine blame each other for striking N-plant

Kyiv and Moscow accused each other on Saturday of striking the Zaporizhzhia nuclear plant in southeastern Ukraine, which has been...
  • The plant Zaporizhzhia is under Russian control since March, with Ukraine accusing Moscow of basing hundreds of soldiers and storing arms there.
  • Kyiv and Moscow have traded several accusations over multiple rounds of shelling on the plant this month, raising fears of a nuclear catastrophe

Saudi Arabia allows holders of all types of visas to perform Umrah

The ministry stated that those who qualify to perform Umrah also include holders of US, UK and Schengen visas
  • The ministry stated that those who qualify to perform Umrah also include holders of US, UK and Schengen visas.
  • The system allows people to obtain a tourist visa, valid for a period of 12 months, upon arrival at one of the Saudi airports

UN rights chief calls killing of Palestinian children ‘unconscionable’

Of the 360 Palestinians reported injured, nearly two-thirds were civilians, including 151 children, 58 women and 19 older people, OHCHR...
  • "Inflicting hurt on any child during the course of conflict is deeply disturbing," said Michelle Bachelet, the UN high commissioner for human rights.
  • Her office said that 19 Palestinian children had been killed in the Palestinian territories in the recent unrest, taking the total number this year to 37.

Global stock markets retreat on eve of US inflation data

If the official consumer price data Wednesday come in above analysts' forecasts, the markets could see a sharp sell-off, analysts...
  • Federal Reserve officials in recent days have stressed that more hikes are coming to tame soaring inflation
  • Oil prices reversed some of the prior day's gains and remain around six-month lows as recession fears mount

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...

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Federal Reserve likely to pause interest rate hikes

The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as it looks...

Iran, Russia to invest $38bn in developing INSTC

TEHRAN, IRAN – The Iranian head of Solyanka Port in Russia said that the International North-South Transport Corridor (INSTC) is a...

Saudi Arabia selected as member of UN’s AI Advisory Body

New York, United States-- United Nations Secretary-General António Guterres Friday announced the selection of Saudi Arabia to the UN Advisory...

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Lebanon national carrier halves flights amid fears of Israel war

BEIRUT, LEBANON -  Lebanon's national carrier on Friday said it was cutting more than half of its flights as tensions along...
  • Only eight of the Middle East Airlines company’s 22 planes would operate as of next week, with the rest of the fleet relocated to other airports.
  • Other airlines, including Swiss International Air Lines and Germany's Lufthansa have already temporarily suspended Beirut flights,

Israel army orders evacuation of northern city after Lebanon clashes

KIRYAT SHMONA, ISRAEL - The Israeli military announced plans to evacuate the northern city of Kiryat Shmona on Friday, after days...
  • Lebanon's Iran-backed Hezbollah and allied Palestinian factions have traded cross-border fire with Israel for days.
  • Israeli authorities have been steadily evacuating communities near the Gaza border and along the country's northern frontier.

Air Arabia launches non-stop flights between UAE’s Sharjah, Egypt’s Giza

SHARJAH/ ABU DHABI, UAE -  Air Arabia announced the launch of a new route operating between Sharjah and Giza city...
  • The non-stop flights will connect Sharjah International Airport with Giza and will have a frequency of five weekly flights.
  • British Airways announced that it will launch daily flights from London to Abu Dhabi next year.