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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.
  • Why Israel gets support from central, eastern Europe

    Their solidarity came to the fore on Wednesday, when Austria and Germany broke ranks with European Union peers to argue...

    EU diplomats have said 17 of the bloc's 27 nations wanted to re-examine the pact, which has been in force for 25 years, to pressure Israel over its war in Gaza.

    But Austria and Germany broke ranks with European Union peers to argue against a review ordered by Brussels of an EU-Israel cooperation deal

  • Iran, US to hold new round of nuclear talks in Rome

    The talks, which began in April, are the highest-level contact between the foes since the United States quit the 2015...

    Since returning to office, Trump has revived his "maximum pressure" campaign on Iran, backing talks but warning of military action if diplomacy fails

    US envoy Steve Witkoff said Washington "could not authorise even one percent" enrichment -- a position Tehran called a red line, citing its rights under the NPT

  • Turkey says increasing energy exports to war-torn Syria

    Damascus, Syria -- Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports...

    Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the country's infrastructure and economy after almost 14 years of civil war.

    The conflict badly damaged Syria's power infrastructure, leading to cuts that can last for more than 20 hours a day.

  • Iran-US nuclear talks set for Rome this week: Oman mediator

    Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome...

    The arch-foes have held four rounds of nuclear talks since April 12, the highest-level contact between them since US President Donald Trump abandoned the 2015 nuclear deal

    Western countries, including the United States, have long accused Iran of seeking to acquire atomic weapons, while Iran insists its nuclear programme is for peaceful purposes

  • Gazans mourn at dawn after night of intense Israeli strikes

    Gaza's civil defence agency said that more than 20 air strikes hit Khan Yunis and its surroundings overnight, with the...

    First responders have reported dozens of deaths daily since Israel intensified its attacks in the coastal territory, home to 2.4 million Palestinians

    Every morning, the civil defence agency has provided death tolls for overnight air strikes that often hit houses in rural areas or apartment buildings

  • Rubio sees more Arab states normalizing with Israel this year

    US Secretary of State Marco Rubio suggested Wednesday that more Arab nations could forge ties with Israel this year, as...

    Saudi Arabia was in advanced talks on normalization, backed by then-president Joe Biden's administration, before the October 7, 2023 attack by Hamas on Israel

    Saudi Arabia is considered the ultimate prize by Israel considering the kingdom's role as the guardian of Islam's two holiest shrines and its influence within the Arab and Islamic

  • US accepts Boeing jet from Qatar for use as Air Force One

    US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald...

    "The Secretary of Defense has accepted a Boeing 747 from Qatar in accordance with all federal rules and regulations," Pentagon spokesman Sean Parnell said in a statement

    The US Constitution prohibits government officials from accepting gifts "from any King, Prince or foreign State," in a section known as the Emoluments Clause

  • Israeli ‘warning’ fire at diplomats sparks outcry amid Gaza pressure

    EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a...

    The Palestinian foreign ministry accused Israel of having "deliberately targeted by live fire an accredited diplomatic delegation".

    The incident came as international pressure intensified over the war in Gaza, where Palestinians were desperate for supplies after a two-month aid blockade was eased.

  • An output cut of one million barrels per day (bpd) was being discussed at OPEC+, sources said before the announcement. Credit: Pixabay

    Oil prices jump on report of Israel prepping Iran strike

    Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...

    There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.

    While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.

  • Iran says talks with US unlikely to ‘lead to any outcome’

    US Secretary of State Marco Rubio said that Iran could have civilian nuclear power while importing enriched uranium but that...

    "We don't think it will lead to any outcome. We don't know what will happen," said Khamenei during a speech, adding that denying Iran's right to enrich uranium was "a big mistake".

    Iran currently enriches uranium to 60 percent, far above the 3.67-percent limit set in the 2015 deal and close though still short of the 90 percent needed for a nuclear warhead