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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.
  • AFESD signs $33m deal to fund water and electricity project in Bahrain

    The Arab Fund for Economic and Social Development (AFESD) signed a deal worth KD ten million ($33 million) with Bahrain...

    Bahrain moving ahead with advancing economic development, Finance Minister Sheikh Salman bin Khalifa said.

    The project will contribute to maintaining the service provided by the Electricity and Water Authority.

  • Iraqi delegation to visit Geneva, discuss country’s WTO accession

    Iraq is making efforts towards joining the World Trade Organization and its Minister of Trade will visit Geneva to discuss...

    The delegation is likely to reach an agreement with European trade ministers.

    Iraq needs to pass laws and legislation on many topics, including the economy and customs, a trade ministry spokesman said.

  • UK apology over Gulf War ‘human shields’ flight

    Passengers on BA flight 149 were taken off the Kuala Lumpur-bound plane when it landed in the Gulf state on...

    Some of the 367 passengers and crew spent more than four months in captivity, including as human shields at the hands of the Iraqi dictator.

    The former hostages have long sought answers about what the government in London knew and when.

  • 98 candidates register for Libya’s presidential poll

    Among the most notable hopefuls are Seif al-Islam Kadhafi, the son of slain dictator Moamer Kadhafi, and Khalifa Haftar, leader...

    Also in the running are former interior minister Fathi Bashagha and Prime Minister Abdulhamid Dbeibah of the interim, UN-brokered Government of National Unity.

    There are only two women contestants: Laila Ben Khalifa, 46, the president of the National Movement party, and Hunayda al-Mahdi, a researcher in the social sciences.

  • UAE announces updated procedures for entry through border crossings

    The UAE has announced updated procedures for citizens of neighboring countries and those living in border areas, who are repeatedly...

    GCC citizens need to present a negative PCR test that does not exceed 14 days.

    The non-vaccinated persons must present a negative PCR test conducted no more than 72 hours before the date of arrival.

  • Qatar Fund for Development donates $10m for vaccination in poor countries

    Qatar Fund for Development (QFFD) has signed a five-year agreement with Gavi, the Vaccine Alliance, and donated $10 million between...

    The money will be used to increase access to vaccination in low-income countries.

    The Fund will work with the Vaccine Alliance to ensure vaccination for yet-to-be-vaccinated children.

  • King Abdullah arrives in UAE, accorded warm welcome

    King Abdullah of Jordan, accompanied by his wife, Queen Rania Al Abdullah, arrived in the UAE on a state visit.

    He was received at Al Bateen Executive Airport by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi

    Among other dignitaries who received the king were Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Mohammed bin Hamad

  • Israel ‘formalizing’ defense ties with Morocco on minister’s visit

    The trip comes less than a year after Morocco normalized ties with Israel in a deal brokered by former US...

    Morocco normalized ties with Israel in December last year

    It came soon after similar announcements by the UAE and Bahrain

  • GCC Unified Military Command’s headquarters opens in Riyadh

    The opening was also attended by GCC defense ministers, and GCC Secretary General Dr. Nayef Falah Mubarak Al-Hajraf.

    The opening was also attended by GCC defense ministers, and GCC Secretary General Dr. Nayef Falah Mubarak Al-Hajraf

    Al-Hajraf said the opening of the UMC comes as a message of peace and determination to protect the GCC security and stability

  • Morocco says it rescued 147 African, Asian migrants

    In May, around 8,000 North African migrants swam to Spanish from Morocco which resulted diplomatic crisis between these two countries.

    Morocco became a transit country for African migrants trying to reach Spain

    Migrants were traveling in inflatable boats to cross the Strait of Gibraltar

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