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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.
  • Turkey’s Islamic defence consultancy takes on West

    The company's manifesto says SADAT "aims to assist the Islamic world to take the role among the super global powers...

    The company's manifesto says SADAT "aims to assist the Islamic world to take the role among the super global powers as a self-sufficient global power."

    The firm was established in 2012 by Adnan Tanriverdi-- a brigadier general whose service ended during a purge of Islamic influence from the traditionally secular military in 1996

  • Renewable energy jobs reach 12 million globally

    A report by the International Renewable Energy Agency confirms Covid-19 caused delays and supply chain disruptions, with impacts on jobs...

    Off-grid solar lighting sales suffered due to Covid-19 disruptions, but companies were able to limit job losses.

    China commanded a 39 percent share of renewable energy jobs worldwide in 2020, followed by Brazil, India and the US.

  • Syria says 24 executed over starting wildfires

    Eleven others were sentenced to hard labor for life, four to temporary penal labor and five minors were handed jail...

    Their identities were not disclosed, and no details were provided on where and how the executions took place.

    The suspects were identified late last year in an interior ministry probe into wildfires in the provinces of Latakia, Tartus and Homs, the justice ministry said.

  • Oversight panel will review Facebook VIP system

    The so-called "cross-check" or "XCheck" system shields millions of elite users from rules that Facebook claims to apply equally at...

    Facebook has criticism after former employee Frances Haugen leaked internal studies showing the company knew of potential harm stoked by its sites.

    Whistleblower's revelations had prompted US lawmakers' to renew a push for regulation.

  • Turkey cuts interest rate for second successive month despite soaring inflation

    Turkey's central bank cut interest rates for the second successive month on Thursday in what economists interpreted as confirmation of...

    The central bank has blamed rising inflation on "transitory" factors that will dissipate with time.

    The lira extended its fall into record-low territory against the dollar and euro after the announcement.

  • Libya hosts international conference to drum up support ahead of elections

    Libya and the UN have been striving to turn the page on the violence that has wracked the country since...

    The conference comes two months ahead of planned presidential polls under a United Nations-led peace process that seeks to end a decade of conflict and chaos

    Tripoli has said the world body's Under-Secretary General for Political Affairs Rosemary DiCarlo and Libya envoy Jan Kubis will attend

  • UAE leader chats with Syrian President to improve relations

    Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan reviewed developments in Syria and the Middle East in a phone...

    the two leaders spoke about the relations between ‘the two fraternal nations’ and prospects of advancing cooperation across various fields

    Many countries from the Middle East have stepped up economic and diplomatic ties with Assad

  • Lebanon hikes fuel prices in de facto end to subsidies

    The end to subsidies pushes the cost of filling a vehicle's tank to more than the monthly minimum wage in...

    The price increases have mostly erased massive queues at gas pumps that clogged streets across the country.

    The energy ministry on Wednesday also raised the price of diesel and cooking gas following a drop in Lebanese pound.

  • Tehran film fest opens as Oscar-qualifying event

    The designation as Oscar-qualifying event came despite high tensions between Washington and Tehran, which have had no diplomatic relations since...

    This year's festival competition received more than 6,400 entries from 128 countries -- 2,000 more than last year.

    The festival, now in its 38th edition, has jury members from the Islamic republic as well as Italy, Japan, France and Austria.

  • ‘Torture, abuse’ await returning Syrian refugees: HRW

    Refugees in Lebanon and Jordan in particular have faced mounting direct and indirect pressure to return to Syria, in violation...

    The UN estimates that over 6.6 million Syrians have been forced to seek refuge in neighboring countries.

    Refugees in Lebanon and Jordan in particular have faced mounting direct and indirect pressure to return to Syria.

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