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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.
  • Trump warns of military option; Iran threatens to end UN nuclear inspections before Oman talks

    Last month, Trump sent a letter to Khamenei, who has the final say in matters of state in Iran, calling...

    A senior adviser to supreme leader Ayatollah Ali Khamenei warned that Iran could expel UN nuclear watchdog inspectors over "threats."

    US Secretary of State Marco Rubio voiced hope Thursday that the US-Iran nuclear talks in Oman this weekend could lead to "peace."

  • European Union and UAE agree to launch trade deal negotiations

    Emirati President Mohammed bin Zayed Al Nahyan "and I just decided to launch negotiations on an EU-UAE free trade agreement,"...

    Sheikh Zayed said that the CEPA would create new avenues for cooperation between the UAE and EU, increase trade and investment flows.

    The EU is the UAE’s second-largest trading partner, accounting for 8.3 percent of the UAE’s total non-oil trade, which hit $67.6 billion in 2024.

  • Turkey opposition to fight Erdogan ‘until the end’: leader tells AFP

    The Turkish opposition will fight "until the end" against President Recep Tayyip Erdogan, the leader of the opposition CHP party...

    Republican People's Party (CHP) leader Ozgur Ozel demanded snap polls that would show the "biggest no confidence vote in history" against Erdogan

    Imamoglu's arrest sparked the biggest opposition protests to grip Turkey since 2013 although the rallies have dipped in intensity over the past 10 days

  • US reiterates support for Morocco on Western Sahara

    Secretary of State Marco Rubio on Tuesday renewed US support for Morocco's sovereignty and political plan for Western Sahara, a...

    Trump, during his first term in office, in 2020 recognized Morocco's claim to the vast desert territory after the kingdom normalized relations with Israel

    Morocco mostly controls the former Spanish colony but has been challenged for decades by the Algeria-backed Polisario Front

  • Israel seizes Gaza territory as Macron signals imminent French recognition of Palestinian statehood

    French President Emmanuel Macron meanwhile said that France plans to recognise a Palestinian state in the "coming months", a move...

    Israel's Defence Minister Katz said that "large areas are being seized and added to Israel's security zones, leaving Gaza smaller and more isolated."

    Katz emphasised that Israel would keep increasing pressure on Gaza "until the hostages are freed and Hamas is defeated."

  • Saudi foreign minister in US to prepare for Trump visit

    Riyadh, Saudi Arabia -- Saudi Arabia's top diplomat is in Washington to lay the groundwork for US President Donald Trump's...

    Last month, Trump said he may visit Saudi Arabia as early as April in a reprisal of 2017, when the kingdom was the first destination of his first term in office.

    Foreign Minister Prince Faisal bin Farhan arrived in Washington on Tuesday, aiming to "prepare for Trump's visit to Riyadh", the source close to the Saudi government said.

  • Iraq signs deal with US firm to produce 24,000 MW of electricity

    Prime Minister Mohammed Shia al-Sudani oversaw "the signing of a Memorandum of Understanding as part of a strategic cooperation framework...

    The signing comes at the conclusion of a visit to Iraq by a high-level US delegation comprising of representatives from 60 private firms.

    Despite sitting on large reserves of petrol and natural gas, decades of conflict and instability have ravaged Iraq's energy infrastructure.

  • Hamas official says ‘necessary to reach a ceasefire’ in Gaza

    A Hamas official told AFP on Tuesday that it was "necessary to reach a ceasefire" in the Gaza Strip, three...

    "This war cannot continue indefinitely, and it is therefore necessary to reach a ceasefire," Hossam Badran, a member of Hamas's political bureau, told AFP

    US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu a day earlier said that new negotiations were in the works aimed at getting more hostages freed

  • Amid Israeli warning of military action, Iran says deal can be reached if US shows goodwill

    Trump made the surprise announcement that his administration would open talks with Iran during a White House meeting on Monday...

    Foreign Minister Abbas Araghchi said Iran's principal aim remained the lifting of sweeping US sanctions

    Their reimposition by President Donald Trump in 2018 has dealt a heavy blow to the Iranian economy

  • After Instagram restrictions, Meta to introduce teen accounts for Facebook

    Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...

    The accounts were brought in for 13- to 15-year-old Instagram users last September as part of moves to shield underage internet users from online harms.

    Teens are immediately placed in such accounts, with those under 16 unable to change settings without parental permission.