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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.
  • Syria reservoir dries up for the first time in 27 years

    The reservoir formed by Al-Duwaysat Dam in Idlib province, a key irrigation source for thousands of farmers, is littered with...

    The reservoir has a capacity of 3.6 million cubic meters (38.8 million square feet) and is mainly used for irrigation and water supply.

    Around 800 families depended on the reservoir to irrigate 150 hectares (370 acres) of farmland.

  • President Xi Jinping warns of Cold War in Indo-Pacific region

    Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a...

    Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a summit in Glasgow

    The US, Britain and Australia announced in September that they had formed a new alliance, AUKUS, under which Australia will acquire nuclear-powered submarines using US technology

  • Despite dangers, Iraqi Kurds crossing borders to reach Europe

    About 3,000 Kurds have left the region in the past three months, of whom 1,600 have gone to Belarus on...

    About 3,000 Kurds have left the region in the past three months, of whom 1,600 have gone to Belarus on tourist visas, according to the Kurdistan Refugee Association

    Kurdistan, an autonomous region in northern Iraq, presents itself as a haven of relative stability, but is regularly criticised for restricting freedom of expression

  • Cyprus seeks to suspend asylum applications

    In the first 10 months of the year, 10,868 irregular migrants arrived in Cyprus, 9,270 having illegally crossed the island's...

    Data showed European Union member Cyprus was facing "demographic change" and "acute socio-economic effects" as a result the migrant crisis

    The Republic of Cyprus says it has the highest number of first-time asylum applications among all 27 EU members relative to its population of roughly one million.

  • UAE calls for inclusive climate agenda for COP28

    Investing in low-carbon solutions in the energy sector will drive economic prosperity, says UAE Special Envoy for Climate Change Sultan...

    The UAE has offered to host COP28 in 2023. The Asia Pacific Group of nations had endorsed the UAE's bid.

    Investing in low-carbon solutions in the energy sector will drive economic prosperity, says UAE Special Envoy for Climate Change Sultan bin Ahmed Al Jaber.

  • COP26 draft urges boost to emissions cutting goals by 2022

    The text called for nations to "revisit and strengthen" their decarbonisation plans by next year and said that limiting heating...

    Countries' latest decarbonization plans submitted under the Paris Agreement are likely to see Earth warm 2.7C this century.

    The 2015 accord contains a "ratchet" mechanism requiring countries to update emissions plans every five years.

  • Belarus says West ‘provoking’ migrant crisis

    Hundreds of desperate migrants are trapped in freezing temperatures on the Belarus-Poland border and the presence of troops from both...

    Western critics accuse the Belarusian regime of luring migrants from the Middle East to Belarus to send them across the border to the EU in retaliation for sanctions.

    Western countries have imposed a range of sanctions on Belarus and say they are considering new action over the migrant crisis.

  • Iran Guards say released seized Vietnamese tanker

    Tanker had been seized last month in the Sea of Oman in a tense incident also involving the US Navy.

    Tanker had been seized last month in the Sea of Oman in a tense incident also involving the US Navy

    While Iran's Guards claimed they thwarted an attempt by the US ship to seize the MV Sothys carrying Iranian oil, US rejected that account

  • A range of new exhibitors to join Dubai Airshow 2021

    The Airshow will be held on 14-18 November 2021 at Dubai World Central (DWC), Dubai Airshow Site.

    The Airshow will be held on 14-18 November 2021 at Dubai World Central (DWC), Dubai Airshow Site

    New exhibitors will be joining from a wide range of countries, including Belgium, Ukraine, the United Kingdom (UK), the USA, Greece, Israel, Switzerland, Brazil etc

  • Morocco to turn page on W.Sahara conflict but won’t cede rights

    Morocco controls 80 percent of the largely desert territory, which has mineral reserves and access to rich Atlantic fisheries, as...

    Tensions have flared over the past few months between Morocco and its regional rival Algeria over the former Spanish colony which Rabat sees as its own sovereign territory

    Last year, the US administration of then president Donald Trump recognised Morocco's claim over the territory in a quid pro quo for Rabat's normalisation of ties with Israel

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