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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.
  • Russia, Turkey to sign new S-400 missile contract

    Turkey's initial purchase of S-400s from Russia soured relations with the US and its NATO allies

    Turkey's initial purchase of S-400s from Russia soured relations with the US and its NATO allies

    The United States sanctioned Ankara and has threatened to impose more sanctions if the country bought more major military systems from Moscow

  • Iran to get $300m Japanese loan to upgrade oil refinery

    Japanese Foreign Minister Toshimitsu Motegi said this assistance would be in the form of low-interest loans.

    The pledge was made during Motegi’s trip to Baghdad, the first by a Japanese foreign minister since 2006

    The financial aid will be used to expand one of Iraq’s major refineries in Basra

  • Iraq seeks role as mediator with regional summit

    The meeting in Baghdad on Saturday seeks to give Iraq a "unifying role" to tackle the crises shaking the region

    The meeting in Baghdad on Saturday seeks to give Iraq a "unifying role" to tackle the crises shaking the region

    Leaders from Iran, Saudi Arabia and Turkey have also been invited

  • UAE, Philippines explore space sector collaboration

    To this end, the UAE Space Agency hosted the Philippines Ambassador to the country along with a virtual delegation from...

    To this end, the UAE Space Agency hosted the Philippines Ambassador to the country along with a virtual delegation from the Philippines Space Agency

    Meeting comes as UAE and Philippines recognise 47-years of bilateral relations

  • Taliban inherit $1 trn trove of minerals

    China could take lead to tap the untapped minerals including some that could power the world’s transition to renewable energies.

    Endless wars and poor infrastructure have prevented the country from getting its hands on the metals that could brighten its economic fortunes.

    The resources include bauxite, copper, iron ore, lithium and rare earths, according to a January report by the US Geological Survey.

  • Tunisian president takeover sparks fears for freedoms

    Several politicians, businessmen and judges, as well as members of parliament have said they were banned from travelling abroad or...

    President Kais Saied sacked the government on July 25 and suspended parliament for one month.

    An anti-graft NGO said at least 14 members of parliament face legal proceedings or have been sentenced over a range of crimes.

  • Morocco to keep Algeria-Spain gas pipeline open

    The operating contract for the Moroccan section of the Maghreb-Europe Gas Pipeline, which links fields in Algeria with Spain, runs...

    The operating contract for the Moroccan section of the Maghreb-Europe Gas Pipeline, which links fields in Algeria with Spain, runs out in October

    There was concern its renewal might fall foul of the latest spat between the two countries

  • Bahrain allows use of airport for Afghan evacuees

    Bahrain has announced that it is “allowing flights to make use of Bahrain’s transit facilities” amid the evacuations of Afghanistan.

    Kingdom made the announcement in a statement released early Saturda

    Bahrain, in the Arabian Gulf off Saudi Arabia, is home to the US Navy’s 5th Fleet

  • Russia may supply 120kt wheat to Algeria soon

    Russia, the largest exporter of wheat in the world, has been looking to enter the market for quite some time.

    This is expected to mark the first entry of Russian wheat in the Algerian market

    Algeria has so far imported wheat mostly from France

  • UAE agrees to temporarily host 5,000 Afghans

    The move comes following a request from the United States to help out Afghan evacuees.

    The evacuees will travel to the UAE from Kabul on US aircraft in the coming days

    These are people who are on their way to a different country

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