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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.
  • 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

  • EU to lift all economic sanctions on Syria to help the war-torn country

    EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn...

    The move from the European Union comes after US President Donald Trump announced last week that Washington was lifting its sanctions against Syria.

    The country's new rulers have been clamouring for relief from the crushing international punishment imposed after Assad's crackdown on opponents

  • US asking countries for ‘voluntary’ Palestinian relocation: Rubio

    Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...

    President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.

    Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."

  • UK halts trade talks with Israel, summons envoy over Gaza

    Foreign Secretary David Lammy accused Israeli Prime Minister Benjamin Netanyahu's government of "egregious actions and rhetoric" over its expansion of...

    Lammy said Britain "cannot stand by in the face of this new deterioration" in Gaza and was pausing negotiations with Israel on a new free-trade agreement.

    Israel was the country's 44th-largest trading partner last year, with the two countries exchanging 5.8 billion pounds ($7.8 billion) in goods and services.

  • Israel will ‘take control of all’ of Gaza, says Netanyahu as WHO warns of famine risk

    After more than two months of a total blockade, the World Health Organization issued a stark warning on the humanitarian...

    In southern Gaza, the Israeli military issued an evacuation call to Palestinians in and around Khan Yunis city ahead of what it described as an "unprecedented attack".

    Two million people are "starving" in the Gaza Strip, with the deliberate blocking of aid driving up the risk of famine, the World Health Organization chief warned.

  • Joe Biden diagnosed with aggressive prostate cancer

    Former US president Joe Biden has been diagnosed with an "aggressive" form of prostate cancer that has spread to his...

    US President Donald Trump, who has long derided political rival Biden over his cognitive abilities, said he was "saddened" by the news

    Prostate cancer is the most common form of cancer in men, with the American Cancer Society reporting one in eight men in the US are diagnosed with it

  • Trump to hold call with Putin in push for Ukraine truce

    Trump also said he would speak to Ukrainian President Volodymyr Zelensky and NATO officials, expressing hope that a "ceasefire will...

    Trump had vowed during the US election campaign to halt the conflict within a day of taking office, but his diplomatic efforts have so far yielded little progress

    Delegations from Russia and Ukraine held direct negotiations in Istanbul last week for the first time in almost three years, but the talks ended without a commitment to a ceasefire

  • Israel to allow food into Gaza after two month blockade

    The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in...

    The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in Gaza

    Last week US President Donald Trump, a critical ally, acknowledged that "a lot of people are starving", adding "we're going to get that taken care of."