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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.
  • UN censures Israel for banning Palestinian groups

    Israel's designation of six leading Palestinian civil society groups as outlawed "terrorist organizations" is an unjustified attack, the UN human...

    The Jewish state said its move last week was due to their alleged financing of the Popular Front for the Liberation of Palestine

    "The crucial work they perform for thousands of Palestinians risks being halted or severely restricted"

  • Iraq blames Iran for river flow decline that hit power generation

    The drop in the water levels of the Sirwan river, which begins in Iran and flows through the Darbandikhan dam...

    The Darbandikhan dam in Iraq has this year received 900 million cubic meters of water, well below the annual average of 4.7 billion cubic meters

    The decline had led to a 30 percent fall in electricity production from the dam

  • ‘Facebook Papers’ hit as platform earns billions

    Facebook executives say the profits could have been even more if not for Apple updating its iPhone operating system to...

    Facebook has been hit by a crisis after a former employee leaked papers showing the company prioritized profit over users interest.

    A report said teenage users of the Facebook app in the US had declined by 13 percent since 2019 and were projected to drop 45 percent over the next two years.

  • Qatar says won’t muzzle F1 drivers over human rights

    The country has been the target of protests by several football teams over its treatment of foreign workers. Its motorsports...

    We are happy to support the drivers to speak their minds on their platforms, said Abdulrahman Al Mannai, president of the Qatar Motor and Motorcycle Federation.

    Qatar has removed rules that barred workers from changing employers, scrapped exit permit requirements and introduced a minimum wage of $1.30 an hour.

  • Qatar pledges ‘equal citizenship’ after vote controversy

    Sheikh Tamim bin Hamad Al-Thani told lawmakers that he had instructed the authorities to give voting rights to those excluded...

    Only descendants of Qataris who were citizens in 1930 were eligible to vote and run for 30 of the 45 seats in the Shura Council polls

    This effectively disqualified members of families naturalized since 1930

  • Jordan, UAE, Saudi Arabia call for calm in Sudan after coup

    In the wake of the military coup in Sudan, many countries of the Middle East have called for peace and...

    General Abdel Fattah Al-Burhan, the head of the military, announced the dissolution, on Monday, of the government and the Sovereign Council

    Burhan said quarrels among political factions prompted the military intervention

  • EU and Iran to revive nuclear talks this week

    The EU and world powers are scrambling to try to get negotiations in Vienna back on track.

    The agreement between Iran and world powers was to find a long-term solution to the now two-decade-old crisis over its nuclear program

    It has been moribund since former US president Donald Trump walked out of the deal in May 2018 and imposed sweeping sanctions

  • Israel welcomes agricultural workers from Lebanon

    Agricultural workers from Lebanon are being allowed into Israel as a ‘gesture of goodwill’ through the borders at Al Jabal,...

    Lebanon has for the past two years been mired in economic, political, and social crisis

    Its residents are subject to banking restrictions preventing easy access to money

  • Israel holds largest-ever air force drill with UAE visit

    Amir Lazar, chief of Israeli air force operations, told reporters the drills "don't focus on Iran", but army officials have...

    Israel has held the "Blue Flag" exercises every two years since 2013 in the Negev desert

    Other nations taking part this year include France, the United States and Germany, as well as Britain

  • Prince Charles to visit Jordan, Egypt to discuss climate crisis

    The royal couple's November 16-19 visit will start in Jordan, a UK ally whose King Abdullah II has come under...

    "Indeed, both visits will have a major focus on addressing the climate crisis," Fitzgerald, deputy private secretary to Prince Charles said

    In Cairo, Charles and Camilla are due to visit the top Sunni Islam cleric Sheikh Ahmed al-Yayeb

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