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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.

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.
  • Lebanon parliament approves changes to banking secrecy law

    Beirut, Lebanon -- Lebanon's parliament on Thursday approved amendments to banking secrecy legislation, a key reform demanded by the International...

    The international community has long demanded major fiscal reforms to unlock billions of dollars in aid to restart the Lebanese economy in the wake of a five-year economic collapse

    The crash since 2019 has seen the local currency lose most of its value against the US dollar and has pushed much of the population into poverty.

  • Abbas urges Hamas to free Gaza hostages as Israeli strikes kill 25

    "Hamas has given the criminal occupation excuses to commit its crimes in the Gaza Strip, the most prominent being the...

    Senior Hamas official Bassem Naim called Abbas's remarks "insulting". "Abbas repeatedly and suspiciously lays the blame for the crimes of the occupation on our people."

    Hamas's armed wing the Ezzedine Al-Qassam Brigades later issued footage it said was of an Israeli hostage alive in a Gaza tunnel. He identified himself as 48-year-old Omri Miran.

  • Germany, France, UK say Israel’s Gaza aid blockade ‘must end’

    Germany, France and Britain on Wednesday called on Israel to stop blocking humanitarian aid into Gaza, warning of "an acute...

    After 18 months of devastating war and an Israeli blockade on aid since March 2, the UN has warned of a dire humanitarian situation for the 2.4 million inhabitants

    The heads of 12 major aid organisations warned last Thursday that "famine is not just a risk, but likely rapidly unfolding in almost all parts" of the coastal territory

  • Trump to visit Saudi, Qatar, UAE in May amid tensions over Iran, trade, and security

    Saudi Arabia's top diplomat held talks in Washington earlier this month to lay the groundwork for a visit by Trump...

    It will be his second foreign trip since returning to office, following his planned attendance at the Vatican for Pope Francis's funeral on Saturday

    Saudi Arabia's Crown Prince Mohammed bin Salman, promised in January to pile $600 billion into US trade and investments

  • Iran says technical nuclear meeting with US postponed to Saturday

    A technical, expert-level nuclear meeting between Iran and the United States will be held on Saturday, coinciding with the third...

    Iran's foreign ministry spokesman Esmaeil Baqaei said the decision to reschedule the meeting was made following Oman's proposal and the agreement of the Iranian and US delegations

    Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons -- an allegation Tehran has consistently denied

  • Trump tariffs have increased financial stability risks: IMF report

    The IMF's Global Financial Stability Report (GFSR) was published as world financial leaders gather for meetings in Washington under the...

    GFSR's authors found that "global financial stability risks have increased significantly, driven by tighter global financial conditions and heightened economic uncertainty."

    The Fund also warned that geopolitical risk -- including military conflicts -- could raise risks to financial stability.

  • US envoy to Israel urges Hamas to sign deal so aid can enter Gaza

    The new US ambassador to Israel on Monday called on Palestinian militant group Hamas to accept a deal that would...

    Huckabee's message comes after Hamas on Thursday signalled its rejection of Israel's latest truce proposal, which proposed a hostage-prisoner swap and the entry of aid

    The militants' chief negotiator said the group rejected any "partial" agreements and sought a comprehensive deal including "halting the war" and an Israeli withdrawal from Gaza

  • Davos meet founder Klaus Schwab steps down from WEF board

    Geneva, Switzerland -- The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the...

    Schwab told the WEF's board that "as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.

    The WEF said Vice Chairman Peter Brabeck-Letmathe was appointed board chairman in the interim and that a search committee for replacement had been appointed.

  • Pope Francis is dead at 88, world leaders pay tributes to the energetic reformer

    "Today, we lost a faithful friend of the Palestinian people and their legitimate rights," Palestinian president Mahmud Abbas said, noting...

    His death sets in motion centuries-old traditions that will culminate in the gathering of a conclave of cardinals to choose a successor.

    In the next four to six days the Vatican's cardinals will decide on the pope's funeral date, at which point his coffin will be transferred to St Peter's Basilica.

  • West Bank campus a dystopian shelter for Palestinians uprooted again

    Jenin, Palestinian Territories - On deserted university grounds in the occupied West Bank, Palestinian children run outside nearly empty buildings,...

    Tens of thousands of Palestinians have been displaced from the northern West Bank since Israel launched the offensive dubbed "Iron Wall" on January 21 in the area

    The United Nations agency, UNRWA, provides aid but recent Israeli legislation barring coordination with Israeli military authorities has complicated its work