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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.
  • MENA Brief | June 18: Oil calms after Trump’s threat rattles markets; UAE-Iran calls, Riyadh Air signs big Rolls-Royce deal

    Oil prices steadied Wednesday after Trump’s demand for Iran’s ‘unconditional surrender’ roiled markets and revived supply fears, as regional diplomacy...

    Oil surged over 4% Tuesday amid fears of US strikes on Iran after Trump’s comments but stabilised slightly Wednesday

    Analysts warn Iran could block the vital shipping lane if tensions escalate further; US refuelling jets reportedly en route to the region

  • Oil stabilises after surge, stocks drop as Middle East crisis fuels jitters

    Of particular concern is the possibility of Iran shutting off the Strait of Hormuz, through which around an estimated fifth...

    Iran and Israel exchanged missiles for a sixth day, with the US president's latest comments appearing to dent hopes that the crisis in the Middle East could be calmed

    Of particular concern is the possibility of Iran shutting off the Strait of Hormuz, through which an fifth of global oil supply traverses, according to the Commerzbank note

  • Iran says hypersonic missiles fired at Israel as Trump demands ‘unconditional surrender’

    Despite international alarm, neither side has backed off from the long-range blitz that began Friday, when Israel launched an unprecedented...

    The US president insists Washington has played no part in ally Israel's bombing campaign, but also warned Iran his patience is wearing thin as the conflict enters a sixth day

    Israeli warplanes targeted the Iranian capital before dawn Wednesday after the military issued a warning on social media for civilians in an area known as District 18 to evacuate

  • Israeli army kills 53 Palestinians and injures 200 others near Gaza aid site

    "Israeli drones fired at the citizens. Some minutes later, Israeli tanks fired several shells at the citizens, which led to...

    Bassal said that four additional people were killed by Israeli fire Tuesday near the southern Gaza city of Rafah.

    In early March, Israel imposed a total aid blockade on the Gaza Strip amid an impasse in truce negotiations, only partially easing restrictions in late May.

  • Trump says wants ‘real end’ to Israel-Iran conflict, not ceasefire

    Trump said that he wanted a "complete give-up" by Iran in return for peace, without elaborating on the outcome he...

    On Tuesday, long queues stretched outside bakeries and petrol stations as the remaining residents rushed to stock up on fuel and basic supplies.

    Security checkpoints have been set up across Tehran, adding to the atmosphere of tension as authorities monitor movement in and out of key districts.

  • MENA brief Jun 17: ADNOC Drilling appoints new CEO, Riyadh up in startup ranking

    The DMCC Crypto Centre welcomed Bitcoin.com, which is setting up its first MENA office in Dubai. The Arab Coordination Group...

    Bahrain’s Central Bank reported a 188% oversubscription of its BD 70 million Treasury Bills, reflecting sustained investor confidence.

    In aviation, AviLease, the Saudi aircraft lessor, placed an order for up to 77 Airbus aircraft, including A320neo and A350F models.

  • China’s Xi in Kazakhstan to cement Central Asia ties

    Astana, Kazakhstan - Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his...

    The summit in the Kazakh capital brings together Xi - who arrived in Astana on Monday - and the leaders of Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan

    Under Russia's orbit until the fall of the Soviet Union in 1991, the five countries of Central Asia have courted interest from major powers including China and the United States

  • Israel, Iran trade missile fire as Trump warns Tehran to ‘evacuate’

    The United States and Iran had engaged in several rounds of indirect talks on Tehran's nuclear programme in recent weeks,...

    Despite growing calls for the longtime foes to end hostilities, neither Israel nor Iran showed any signs of cutting short the missile blitz kicked off Friday

    The Chinese embassy in Tel Aviv warned its citizens to leave the country immediately, as the United States said it was deploying "additional capabilities" to the Middle East

  • G7 urges Iran de-escalation as Trump makes hasty summit exit as ally Israel pounds Iran

    The G7 statement said that Israel "has a right to defend itself" and stressed "the importance of the protection of...

    After a day of statements backing diplomacy, Trump ominously took to social media to sound a warning to the people of the Iranian capital Tehran

    But after hesitating at backing a joint statement on the crisis, Trump relented during a dinner at the forested lodge under the snow-capped mountains in Kananaskis

  • Day 4: Tehran residents flee Israeli attacks as casualties mount

    Images verified by AFP, shot by a social media user from an overpass, showed near immobile traffic on a Tehran...

    Iran's health ministry says at least 224 people have been killed and more than 1,200 wounded.

    Iran foreign ministry spokesman Esmaeil Baqaei called the strike on state TV a "war crime".