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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.
  • Saudi prince ends GCC tour with Kuwait

    Saudi Arabia and Kuwait pledged to enhance bilateral cooperation and coordination in security, military, and economy.

    The two countries agreed to boost all means of cooperation on international climate policies

    They are expected to do this by implementing the Green Middle East Initiative launched by the Saudi crown prince

  • Qatar and ExxonMobil sign Cyprus gas deal despite Turkey opposition

    US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided...

    It is the second gas exploration contract that the consortium has signed for Block 5 in the island's Exclusive Economic Zone.

    In February 2019, the consortium discovered a huge natural gas reserve off Cyprus in Block 10, the island’s largest find to date.

  • UAE elected to Council of International Maritime Organization for third time

    The UAE has been re-elected to the Council of the International Maritime Organisation (IMO) in the Category B membership for...

    The results of the election were announced during the 32nd session of the IMO Assembly in London.

    UAE ranks fifth as a key competitive maritime hub and 13th globally in Port Performance and Efficiency Index.

  • Egypt pledges support to Lebanon after Sisi-Mikati meeting

    Egypt has pledged support to Lebanon "at all levels" and stressed that it needs "political accord" to reawaken from the...

    Egyptian President said 'he gave directions to the relevant ministries to take care of all Lebanon’s demands'.

    Sisi stresses on the need for political accord in Lebanon to reawaken from the setbacks.

  • Saudi Arabia, Singapore to enhance cooperation in digital economy

    The Kingdom and Singapore seek to activate the partnership by signing a memorandum of understanding for digital cooperation.

    The Kingdom and Singapore seek to activate the partnership by signing a memorandum of understanding for digital cooperation

    The two countries also aim to improve bilateral relations in the field of communications, information technology and the digital economy

  • ICANN looks to break language barriers on the internet

    In the long-run universal acceptance of all languages on the internet is expected to be good for business by allowing...

    Large parts of the internet remain incompatible with writing systems other than the Latin alphabet

    Many US websites, for example, would not allow a purchase or subscription if you entered an email address in Tamil or Hebrew

  • Saudi Arabia, Bahrain review ways to boost ties

    The two countries are seeking to establish a regional complex for the extraction, use, and storage of carbon.

    The two sides agreed to enhance cooperation on international climate policies

    They will also look to focus on emissions rather than sources through the application of the Circular Carbon Economy approach

  • Iraq bombing targeted officer who was probing activists’ deaths

    At least four civilians were killed and four others wounded in Tuesday's motorcycle bombing near a hospital in central Basra....

    Iraq has seen protests since October 2019, over allegations of rampant corruption and high unemployment rates

    Since then, dozens of activists and protesters have been targeted in assassinations or attempted killings

  • Iraq holds funeral for Yazidi mass grave victims of IS

    After Iraqi authorities declared victory over the jihadists in 2017, scores of mass graves were discovered across the country, including...

    After Iraqi authorities declared victory over the jihadists in 2017, scores of mass graves were discovered across the country, including in the Sinjar town of Kojo

    The first of several mass grave was exhumed in Kojo in mid-March 2019, followed by a long and painstaking process of identifying the remains

  • Biden rings the alarm on state of democracy worldwide

    "Make no mistake, we're at a moment of democratic reckoning," said Uzra Zeya, the Under Secretary of State for Civilian...

    The two-day event was billed by the White House as US leadership in an existential struggle between democracies and powerful autocracies or dictatorships

    The two-day event was billed by the White House as US leadership in an existential struggle between democracies and powerful autocracies or dictatorships

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