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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.
  • Saudi, UAE ‘prior’ countries for Russia’s inbound tourism push

    Moscow, Russia -- China, India, Iran, the United Arab Emirates (UAE) and Saudi Arabia will become prior countries for Russia...

    In 2024, attention will be given to five prior countries: China, India, Iran, the UAE, Saudi Arabia, said Director General of the Center for Strategic Research Pavel Smelov.

    "It is expected that by 2030 the implementation of the concept presented will result in the annual flow of 16 million foreign tourists," he said.

  • Iran starts construction on new 10MW nuclear research reactor

    Tehran, Iran -- Iran said Monday it had started building a new nuclear research reactor in Isfahan, days after it announced...

    The new 10-megawatt research reactor is being constructed to create a powerful neutron source, IRNA said.

    It would have a variety of applications, including fuel and nuclear material tests and the production of industrial radioisotopes and radiopharmaceuticals, it said.

  • Boeing spots new ‘problems’ in 737

    The fuselage problems could slow down deliveries.

    Boeing Commercial Airplanes chief executive Stan Deal said, "This past Thursday, a supplier notified us of a non-conformance in some 737 fuselages"

    Deal said employees offered suggestions on more than 1,000 improvements since a series of training events following the January 5 incident

  • EU adopts cavalier approach in its desire for primacy

    For EU leaders, it is their way or the highway as the wealthy, powerful bloc seeks to tame opposition and...

    Some reports say that Brussels had made a "confidential plan" to ruin Hungary's economy, shatter investor confidence, destroy its currency

    When non-Western countries accuse the West about their unfair trade sanctions, Western pundits dismiss the accusations as conspiracy theories

  • Russian president to make ‘imminent’ visit to Turkey

    Turkey's President Recep Tayyip Erdogan has managed to maintain trade and political relations with both Ukraine and Russia, allowing Russia...

    Turkey's media have mentioned February 12 as a likely date of Putin's visit

    The war in Gaza, energy, Black Sea trade routes and Syria will likely be discussed

  • Blinken to arrive in Middle East to press for truce

    The US secretary of state is expected to discuss a proposed truce hammered out in a Paris meeting in January...

    The US top diplomat is expected to visit Saudi Arabia, Israel, Egypt and Qatar

    He stressed the need for urgently addressing humanitarian needs in Gaza

  • UNRWA plays key role in regional security, stability

    The UAE's top diplomat reiterated the UAE's steadfast support for UNRWA, emphasizing that in light of current challenges, sustaining its...

    UAE commits to continuous support for UNRWA, highlighting the agency's role in humanitarian relief.

    The country stresses the need for a lasting ceasefire to protect civilians and support Palestinian people.

  • Hamas weighs Gaza truce as fighting nears fifth month

    The Gaza health ministry said that at least 127 people were killed in Israeli strikes in the previous 24 hours...

    Blinken will begin his trip in Saudi Arabia before visits to Israel, Egypt and Qatar

    The war has also sent regional tensions soaring, with a surge in attacks in the region

  • WEF24: Gulf cities spearhead global investment surge

    GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO &...

    GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO & Founder of Special Edition and Million.

    He attributes the Gulf's economic boom to transformative business and government practices, and inclusive policies that promote diversity and attract international talent.

  • RTA inks agreement to develop entry/exit points for Dubai Harbor

    DUBAI, UAE - The Roads and Transport Authority (RTA) of the Emirate has entered into a strategic partnership with ‘Shamal...

    The bridge extends from Sheikh Zayed Road to Dubai Harbour, an exceptional seafront district that hosts the region’s marina.

    RTA would construct a bridge of two lanes in each direction spanning 1,500 meters and accommodating 6,000 vehicles per hour.