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.

Norway warns of consequences over UNRWA funding cut

The heads of several UN organizations also warned that defunding UNRWA risked a "catastrophic" humanitarian collapse in Gaza. (AFP)
  • Thirteen countries, including major donors such as the United States, Germany, Britain and Sweden, have suspended funding to the UN agency
  • The funding is suspended over accusations that 12 on its staff members were involved in the October 7 attack by Hamas members against Israel

Oslo, Norway – Norway, one of the few major donors to have maintained aid to the embattled UN Palestinian refugee agency UNRWA, warned other donors Wednesday of the consequences of suspending funding.

“We urge fellow donor countries to reflect on the wider consequences of cutting their funding to UNRWA,” Norwegian Foreign Minister Espen Barth Eide said in a statement to AFP.

“UNRWA is a vital lifeline for 1.5 million refugees in Gaza,” he said, adding that “to avoid collectively punishing millions of people, we need to distinguish between what individuals may have done and what UNRWA stands for”.

Thirteen countries, including major donors such as the United States, Germany, Britain and Sweden, have suspended funding to the UN agency over accusations that 12 on its staff members were involved in the October 7 attack by Hamas members against Israel.

The attack resulted in the deaths of around 1,140 people, mostly civilians, according to an AFP tally based on official figures.

Members also seized about 250 hostages. Israel says 132 of them remain in Gaza including at least 29 people believed to have been killed.

Following the deadliest attack in Israel’s history, its military launched a withering air, land and sea offensive that has killed at least 26,900 people in Gaza, most of them women and children, according to the territory’s health ministry.

The heads of several UN organizations on Wednesday also warned that defunding UNRWA, which has around 30,000 staff members, risked a “catastrophic” humanitarian collapse in Gaza.