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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.
  • OPEC+ meets under pressure from Biden and Omicron

    The meeting "is shaping up to be one of the most significant since the pandemic demand recovery began, and the...

    Biden called it a "major initiative", with analysts estimating the injection at between 65 and 80 million barrels, including 50 million from the United States alone.

    The group said earlier this month it planned to boost output by 400,000 barrels per day in December, despite a room for manoeuvre that is 10 times greater

  • Pressure mounts on Syria, Russia over chemical weapons

    Syria denies the use of chemical weapons and insists it has handed over its weapons stockpiles under a 2013 agreement...

    Syria denies the use of chemical weapons and insists it has handed over its weapons stockpiles under a 2013 agreement with the US and Russia

    Syria was stripped of its OPCW voting rights in April after a probe blamed it for further poison gas attacks

  • WHO calls for treaty to shield against next pandemic

    WHO director-general Tedros Adhanom Ghebreyesus said another disastrous pandemic was bound to happen unless countries strengthened global defenses.

    WHO member states reached a consensus Sunday on kick-starting the process towards a pandemic treaty.

    The draft decision was secured after countries agreed to compromise, notably, the US which is lukewarm on whether the outcome needs to be a legally-binding treaty.

  • Iran says ‘firmly determined’ to salvage nuclear deal

    The government has shown its willingness and seriousness by sending a quality team known to all. If the other side...

    The 2015 agreement offered a lifting of some of the array of economic sanctions in return for strict curbs on its nuclear program.

    But the deal began falling apart in 2018 when then US president Donald Trump pulled out and began reinstating sanctions.

  • An assembly of Global Public Diplomacy kicks off in Qatar

    The seventh General Assembly of Global Public Diplomacy Network will get underway in Katara, chaired by Qatar.

    The meeting is scheduled to witness modifications in the development of the network's structure, and to lay out a vision for its strategy in expanding the areas of cooperation

    It will also witness the joining of seven new countries (Bulgaria, Albania, Romania, Tajikistan, Ghana, Rwanda, and Palestine)

  • ‘Cold will kill us’ – Yemen’s fleeing families face desert winter

    More than 45,000 people have been displaced by the fierce fighting in Marib province in the past two months.

    More than 45,000 people have been displaced by the fierce fighting in Marib province in the past two months

    The UN children's agency said it was supporting more than 7,500 people in the camp by providing clean water, hygiene kits and portable toilets

  • Morocco halts incoming passenger flights over Covid variant

    Morocco will halt incoming passenger flights for two weeks starting Monday night amid concern over the spread of a new,...

    The announcement came hours after Israel said it would be closing its borders to foreign tourists from Sunday evening.

    Morocco has officially recorded around 950,000 Covid-19 cases and more than 14,500 deaths.

  • $1.03 billion Dubai housing project unveiled by Sheikh Mohammed bin Rashid

    A total of 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas under AED3.8...

    Sheikh Mohammed said providing quality housing for the public remained key to the UAE's plans.

    A total of 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas.

  • Turkey and Turkmenistan to scale up bilateral trade to $5bn

    Turkey and Turkmenistan have set themselves the target of scaling up the bilateral trade to $5 billion, as two countries...

    The official visit came just weeks after Turkey hosted Berdimuhamedow as an observer at an Organization of Turkic States summit in Istanbul

    The two countries agreed to accelerate their relations in such fields as education, culture, youth, and sports

  • US Navy rescues Iran seamen from Gulf of Oman

    A US Navy arrived also helped the Iranian seamen with food, water, and medical care.

    The two men were transported to an Omani coastguard vessel near the capital Muscat

    The mariners were in good health and spirits at the time of the transfer, said the US Navy

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