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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.
  • UAE and US discuss regional, defense issues at annual Joint Military Dialogue

    Top UAE and US military officials discussed regional and defense issues in Washington as part of the annual Joint Military...

    Top military officials of the two countries also discussed counterterrorism and international maritime security.

    The discussion was part of the annual Joint Military Dialogue.

  • Plan to support 1.6 million Palestinians in 2022 in Gaza and West Bank launched

    A $510 million Humanitarian Response Plan was launched on Thursday to support 1.6 million of the most vulnerable people in...

    The plan was launched by the Humanitarian Coordinator for the occupied Palestinian territory, Lynn Hastings.

    The needs analysis on which the Plan is based estimates two in every five Palestinians will require some sort of humanitarian assistance in 2022.

  • US hits China with new trade curbs, sanctions over Uyghur rights

    The United States on Thursday unleashed a volley of actions to censure China's treatment of the Uyghur minority, with lawmakers...

    The US Senate unanimously voted to make the United States the first country to ban virtually all imports from China's Xinjiang region over forced labor concerns

    Rights experts, witnesses and the US government say more than one million Uyghurs and other Turkic-speaking Muslims are incarcerated in camps

  • Deadline set for Iran reparations for downed Ukraine flight

    The Canada-led International Coordination and Response Group had repeatedly asked Iran to meet in November to negotiate redress, but got...

    The Canada-led International Coordination and Response Group had repeatedly asked Iran to meet in November to negotiate redress, but got no reply

    Nearly two years after the crash, the group said Iran continues to demonstrate an "apparent reluctance" to come to the table

  • OPEC Fund announces $352m for global development operations

    The OPEC Fund for International Development has approved $352 million for sustainable development operations globally at the organization’s 178th Session...

    Members of the Governing Board also reviewed several milestones achieved as part of the OPEC Fund Strategic Framework 2030, including inaugural credit ratings.

    The Strategic Framework 2030 is designed to diversify the OPEC Fund’s financial resources and deliver greater development impact

  • Google celebrates Bahrain’s national day with a dedicated animated doodle

    The modern state of Bahrain was founded by Ahmed Al Fateh in 1783 and on 16 December 1971, Isa Bin...

    Bahrain was founded by Ahmed Al Fateh in 1783 and on 16 December 1971, Isa Bin Salman Al Khalifa became the first emir of the country, marking the national day.

    Traditionally, Bahrain’s historic achievements and culture are celebrated over two days with entertainment such as magic and laser shows.

  • Tunisia’s speaker Ghannouchi rejects extension of parliament freeze

    President Kais Saied recently announced the extension of a suspension until Tunisians vote for a replacement assembly in December 2022. Saied said...

    On December 13, President Saied said he would call a constitutional referendum next July and that parliamentary elections would follow.

    In September this year, Saied brushed aside most of the 2014 democratic constitution to say he could rule by decree.

  • Iran-linked hackers attack Israeli targets, says Tel Aviv firm

    An Iran-linked hacking group attacked seven Israeli targets over a 24-hour period this week, an Israeli cyber-security firm said, in...

    The targets of the attack by the group called "Charming Kitten" included the Israeli "government and business sector", the firm said.

    Israel has been blamed for a series of cyber-attacks on Iranian infrastructure, including the country's fuel distribution system in October.

  • Saudi Arabia sends humanitarian aid to Afghanistan, first after Taliban takeover

    Saudi Arabia sent two aircraft carrying humanitarian aid to Afghanistan Thursday, state media reported, its first such initiative since the...

    The kingdom's state-run King Salman Humanitarian Aid and Relief Center (KSRelief) sent more than 65 tons of aid, including 1,647 food baskets.

    More than half of Afghanistan's 38 million people face "acute" food shortages, according to the United Nations.

  • Nearly 14,000 Bahraini nationals invested in UAE companies in 2020

    A total of 13, 978 Bahraini nationals have invested in UAE public shareholding companies in 2020 and 331 licenses for...

    Trade between the UAE and Bahrain in 2020 was valued at AED20.1 billion and more Bahraini nationals were entering the Emirates real estate market.

    In 2020, the value of real estate deals signed by Bahraini citizens in the UAE reached AED228 million.

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