Search Site

Trends banner

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

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.

Arab League rues decline in Lebanese-Gulf ties

The Arab League is confident Lebanese President Michel Aoun and Prime Minister Najib Mikati would act quickly to ease the crisis.
  • The Arab League Secretary-General Ahmed Aboul Gheit has appealed to Gulf countries "to reflect on the measures proposed to be taken
  • The statement came a day after Saudi Arabia ordered the Lebanese ambassador to the kingdom to leave within 48 hours

The Arab League has expressed strong disappointment at a decline in relations between Lebanon and Gulf states, after an adverse comment by a Lebanese minister about the Saudi-led military intervention in Yemen.

The Arab League Secretary-General Ahmed Aboul Gheit has appealed to Gulf countries “to reflect on the measures proposed to be taken…in order to avoid further negative effects on the collapsing Lebanese economy”.

“…Aboul Gheit expressed his deep concern and regret over the rapid deterioration in Lebanese-Gulf relations…,” the statement said. It added he was confident Lebanese President Michel Aoun and Prime Minister Najib Mikati would act quickly to ease the crisis.

The statement came a day after Saudi Arabia ordered the Lebanese ambassador to the kingdom to leave within 48 hours and banned all Lebanese imports in response to remarks by the Lebanese minister.