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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.
  • Armenia to lift ban on Turkish imports as envoys set to meet

    Earlier this month Turkey and Armenia named special representatives to work on the normalisation of ties.Turkey will be represented by...

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

  • Saudi boosts pandemic measures at Makkah’s Grand Mosque

    Saudi Arabia on Thursday reimposed social distancing measures at the Grand Mosque in Makkah, after recording the highest number of...

    Workers have returned floor markings removed on October 17 to guide people to social distance in and around the Grand Mosque.

    The kingdom has recorded 8,874 Covid deaths, the highest number of fatalities among the Gulf Arab countries.

  • Critics of Turkish lira slide threatened with lawsuit

    Finance Minister Nureddin Nebati urged citizens to sue economists who comment on social media about the lira's slide. His remarks...

    Lira entered a tailspin that saw it lose nearly half its value from the start of November to the moment President Erdogan announced new currency support measures last week.

    Nebati accused the commentators of using "psychological warfare" by urging Turks to buy gold and dollars in order to preserve their savings against further lira declines.

  • Iran making efforts to ease travel of expats to country: Ebrahim Raisi

    Iranian expats are free to travel to and from the country and the government's plans and decisions should ensure that...

    President Raisi said "ill-wishers of the Iranian nation" were intimidating Iranian expatriates so that they will not come back to their country.

    Iranian laws recognizes even the second and third generation Iranians abroad as Iranian citizens.

  • Saudi king asks Iran to end ‘negative behavior’ in the region

    King Salman said, ‘We hope (Iran) changes its policy and negative behavior in the region, and it heads towards dialogue...

    Saudi Arabia and Iran have had bitter ties for decades, taking opposing sides in a range of regional conflicts

    This includes Yemen, where Saudi Arabia leads a military coalition against Iran-backed Huthi rebels

  • Jordan signs pact with Germany, EU to build water projects

    The project will improve wastewater treatment and environmentally friendly sludge disposal.

    The project will improve wastewater treatment and environmentally friendly sludge disposal.

    The value of the EU’s bilateral support to the water and sanitation sector in Jordan is over 150 million euros

  • Iran federation defends footballer in jersey row

    Mehdi Mahdavikia recently wore a jersey featuring the flags of all FIFA member countries, including Israel, during a friendly match...

    Mehdi Mahdavikia ‘must apologize to the Iranian people for his act and must stand trial because he has betrayed the Iranian nation’ an MP has said

    ‘He is one of the greats of Iranian football’ and ‘a symbol of pride for the Islamic Republic of Iran’, the federation has said

  • Years after war, health sector ailing in Iraq’s Mosul

    Apart from the hospitals, the rest of Mosul is also struggling to regain a sense of normalcy. Residents crowd into...

    The former stronghold of the Islamic State group, Mosul was devastated by the battle to oust the jihadists that ended in summer 2017

    More than four years on, the northern metropolis remains a patchwork of gutted concrete carcasses interspersed between buildings under construction

  • Finland provides $2.27m to fund Palestinians’ hospital referrals

    Finland will give €2 million ($2.27 million) to the Palestinian Authority to support the payment of medical referrals to East...

    This contribution will be channeled through the EU Program of Direct Financial Support to the Palestinian Authority’s PEGASE mechanism

    The aid will help the Palestinian Authority meet its obligations towards East Jerusalem hospitals

  • WHO says Omicron risk ‘very high’ after Covid cases rise by 11 percent

    Omicron is behind rapid virus spikes in several countries, including those where it has already overtaken the previously-dominant Delta variant,...

    Further data was needed to understand Omicron's severity in terms of clinical markers, including the use of oxygen, mechanical ventilation and death, WHO said.

    The highest numbers of new cases were reported from the United States, Britain, France and Italy.

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