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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.
  • Israeli apartheid against Palestinians worse than in S.Africa: Pretoria

    "We as South Africans sense, see, hear and feel to our core the inhumane discriminatory policies and practices of the...

    The South African representative said, "It is clear that Israel's illegal occupation is also being administered in breach of the crime of apartheid."

    He said South Africa had a "special obligation" to call out apartheid wherever it occurs and ensure it is "brought to an immediate end"

  • 26 EU states demand ‘immediate’ halt in Gaza fighting: Borrell

    The European Union has struggled for a united response on Israel's military operation following the October 7 attack by Hamas....

    EU countries also reiterated their calls for Israel not to launch an assault on the Gaza city of Rafah, which has become the main shelter zone in the stricken territory.

    Israel has warned that, unless Hamas frees all hostages, it will push on with its offensive during the Muslim holy month of Ramadan, including in Rafah

  • Sudan refugees face agonizing wait in overcrowded camps

    Renk is just 10 kilometers (six miles) from Sudan, where fighting broke out in April last year between army chief...

    Nearly 560,000 displaced people have taken refuge in South Sudan, according to the UN, which estimates that around 1,500 new arrivals turn up in the country every day

    UN says 25 million people in Sudan need humanitarian assistance, while around 3.8 million children under the age of five are suffering from malnutrition

  • UN agencies warn of ‘explosion’ in Gaza child deaths

    Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...

    At least 90 percent of children under five in Gaza are affected by one or more infectious diseases, according to a joint assessment by the UN agencies

    Seventy percent children had had diarrhea in the two weeks prior to the assessment, marking a 23-fold increase compared to the 2022 baseline

  • Brazil summons Israeli ambassador as Gaza row escalates

    The Brazilian foreign ministry said it has also recalled its own ambassador from Tel Aviv for consultations, after Israel summoned...

    Israeli Prime Minister Benjamin Netanyahu said Lula had "crossed a red line"

    The leftist leader has also faced backlash at home over his statements

  • ‘Israeli army tortures and rapes Palestinian girls’

    The experts have expressed concern that an unknown number of Palestinian women and children, including girls, have reportedly gone missing...

    Palestinian women and girls have reportedly been arbitrarily executed in Gaza, often together with family members, including their children, a UN press statement said

    Experts have called for an independent, impartial, prompt, thorough, and effective investigation into the allegations and for Israel to cooperate with such investigations.

  • Israel says Brazil’s Lula ‘persona non grata’ for Holocaust remarks

    Lula's remarks on Sunday sparked outcry in Israel after the Brazilian leader said the ongoing conflict in the Gaza Strip...

    Brazilian president on Sunday said the ongoing conflict in the Gaza Strip "isn't a war, it's a genocide" and compared it to "when Hitler decided to kill the Jews"

    "He's persona non grata in the state of Israel so long as he doesn't retract his remarks and apologize," Israeli foreign minister Katz said of Brazilian leader

  • Construction in China-Saudi Arabia ethylene project begins

    FUZHOU, CHINA - Construction of the main complex of a joint-investment ethylene project, which involves petrochemicals giant Saudi Basic Industries...

    The project is being built in the Gulei petrochemicals base in Zhangzhou city, in eastern China’s Fujian Province.

    The project entails a total investment of $6.3 billion from SABIC and Fujian Energy Petrochemical Group Co. Ltd.

  • Iran-EU trade surpasses US$5bn in 2023, says Eurostat

    TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...

    Trade between Iran and member states of the EU recorded a decrease of 9 percent from January to December 2023.

    During that period, the exchange of products between Iran and the EU member states was valued at US$5 billion.

  • Gaza war effect: Israel’s GDP shrinks by 20% in the last quarter of 2023

    Overall, Israel's GDP grew by 2.0 percent in 2023, short of the 2.3 percent projection made by the Bank of...

    It was the single worst quarter for the Israeli economy in terms of GDP per capita since the opening quarter of the Covid pandemic in early 2020.

    The country has seen massive labor shortages and the collapse of the tourism industry since the outbreak of war.