Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

US orders carrier group to hasten Middle East arrival

Iranians attend a memorial ceremony for slain leader of the Palestinian Hamas group Ismail Haniyeh (portrait L) at the Mosallah mosque in Tehran, on August 9 2024. AFP
  • US Defence Secretary Austin ordered the aircraft carrier strike group led by the USS Abraham Lincoln, and equipped with F-35 fighters, to "accelerate its transit" to the region
  • The United States announced last week that it was deploying the strike group, as well as additional ballistic missile defense-capable cruisers and destroyers

Washington, United States – US Defense Secretary Lloyd Austin ordered an aircraft carrier group to hasten its arrival in the Middle East, the Pentagon said Sunday, as mounting tensions raise fears of a region-wide war.

It is a show of support for key US ally Israel after Iran and the Lebanese Hizbollah group vowed to avenge last month’s killings of Hamas political chief Ismail Haniyeh and Hizbollah commander Fuad Shukr.

Austin ordered the aircraft carrier strike group led by the USS Abraham Lincoln, and equipped with F-35 fighters, to “accelerate its transit” to the region, said Pentagon spokesman Major General Pat Ryder.

He said Austin, who spoke with his Israeli counterpart Yoav Gallant on Sunday, had also ordered the USS Georgia guided missile submarine to the area.

Ryder said the pair discussed “the importance of mitigating civilian harm, progress towards securing a ceasefire and the release of hostages held in Gaza,” and efforts to deter aggression by Iran-aligned groups in the region.

The United States announced last week that it was deploying the strike group, as well as additional ballistic missile defense-capable cruisers and destroyers, and a fighter squadron.

Israel’s military offensive in Gaza has killed at least 39,790 people, according to the Palestinian territory’s health ministry, which does not provide details on civilian and fighter deaths.