Search Site

Trends banner

free

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.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.
  • Hamas accepts mediators’ latest Gaza ceasefire proposal

    The outline of the new potential deal was revealed as Israel ramped up its offensive in the Palestinian territory, and follows previous rounds of talks that have failed to reach a breakthrough.
  • World’s longest diamond necklace set to break Guinness record at Sharjah show

    Sharjah, UAE – Exhibitors at the 55th Watch and Jewelry Middle East Show, scheduled from May 28 to June 1, are set to unveil impressive curation of luxury gold jewellery and diamond collections, aiming to achieve Guinness World Records. Organized by Expo Centre Sharjah with support from the Sharjah Chamber...
  • Due to war, under 5 percent of Gaza cropland useable for farming: UN

    Paris, France -- Under five percent of Gaza's farmland is useable due to war, further exacerbating the risk of famine in the devastated Palestinian territory, the United Nations' Food and Agriculture Organization said Monday. Israel has stepped up a renewed offensive to destroy Hamas in Gaza, drawing international condemnation as...
  • ADNOC’s listed companies post over $2.3 billion net profit in first quarter

    Abu Dhabi, UAE -- ADNOC Group's publicly traded portfolio companies combined to deliver over $2.3 billion (AED8.4 billion) in first quarter net profit. Each of the six companies delivered strong financial results in the first quarter, alongside clear progress on strategic priorities aimed at driving profitable growth. ADNOC Distribution delivered...
  • Trump slams ‘crazy’ Putin as Russia pummels Ukraine with massive drone attack

    US President Donald Trump called his Russian counterpart Vladimir Putin "crazy" on Sunday after Moscow launched a deadly barrage of drones against Ukraine, even as the warring countries completed a large-scale prisoner exchange.
  • OPEC+ expected to open taps more despite price slump

    The Organization of the Petroleum Exporting Countries and their allies - collectively known as OPEC+ - have justified their change in strategy by citing "current healthy market fundamentals, as reflected in the low oil inventories".
  • Turkey, PKK must both change for peace: former militant

    "When you try and explain peace to people, there is a very serious lack of trust," said Yuksel Genc, a former fighter with the PKK, which recently ended its decades-long armed struggle against the Turkish state.
  • Israel’s US ambassador called home over interview remarks

    Jerusalem, Undefined - Israel's ambassador to Washington is being summoned home on the instructions of a government disciplinary body to discuss comments he made in a podcast interview, the foreign ministry said Sunday. Ambassador Yechiel Leiter had made an appearance on a podcast run by the right-wing US online media...
  • Syria’s new authorities to help locate missing Americans: US envoy

    Damascus, Syria -- Syria's new authorities have agreed to help the United States locate and return Americans who went missing in the war-torn country, a US envoy said on Sunday. "The new Syrian government has agreed to assist the USA in locating and returning USA citizens or their remains," US...
  • Spain hosts European, Arab nations to pressure Israel on Gaza

    Madrid will host 20 countries as well as international organizations with the aim of "stopping this war, which no longer has any goal", Spanish Foreign Minister Jose Manuel Albares told France Info radio. Humanitarian aid must enter Gaza "massively, unimpeded, neutrally, so that it is not Israel who decides who...
  • Iraq’s water reserves lowest in 80 years after a dry rainy season

    Baghdad, Iraq -- Iraq's water reserves are at their lowest in 80 years after a dry rainy season, a government official said Sunday, as its share from the Tigris and Euphrates rivers shrinks. Water is a major issue in the country of 46 million people undergoing a serious environmental crisis...
  • 22 killed in Israeli air strikes across Gaza

    The Israeli military has stepped up its Gaza offensive in recent days in what it has described as a renewed push to destroy Hamas.
  • Iraq’s first ever director in Cannes wins best feature debut

    Hasan Hadi won the top prize for his childhood adventure under economic sanctions in "The President's Cake".
  • United Kingdom renationalizes first train operator under Labor reforms

    London, United Kingdom -- Britain's South Western Railways on Sunday becomes the first private train operator to be returned to public ownership under the Labor government's plans to renationalize the country's much-maligned railways. Renationalizing all of the UK's rail operators is among the key policies launched by Prime Minister Keir...
  • Syria revamps interior ministry to reassure West

    The interior ministry restructure includes reforms and creating "a modern civil security institution that adopts transparency and respects international human rights standards".
  • Kuwait strips tens of thousands of citizenship since August 2024

    The latest campaign abolishes naturalization by marriage, which only applied to women, and revokes citizenship granted to wives since 1987. Official data shows 38,505 women were naturalized by marriage from 1993 to 2020.
  • Syria hails US lifting of Assad-era sanctions

    The move was formalised Friday after being announced by Trump on a Gulf tour this month during which he shook hands with Syria's interim President Ahmed al-Sharaa
  • Iran-US nuclear talks: key points of contention hampering progress

    Tehran, Iran - Long-time adversaries Iran and the United States held a fifth round of Oman-mediated nuclear talks on Friday in Rome, but with no breakthrough reported. However, both sides still described the meeting as constructive and expressed a willingness to continue the discussions. Here are some of the main...
  • Syrian leader meets Turkish president in Istanbul

    Syria's interim leader met with Turkey's president in Istanbul on Saturday, in an unannounced visit amid efforts by the new rulers in Damascus to rebuild the war-torn country.
  • Real estate transactions in five UAE emirates reach $65 billion in Q1

    Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65 billion) in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed. More than 94,719 sales, purchase, and mortgage deals were recorded...
  • Trump expands Apple tariff threat to all smartphones

    Washington, United States -- US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent tariff unless their devices are built in the United States. Trump initially said the tariff would apply only to Apple -- an unusual move to single out a specific company...
  • Anthropic’s Claude AI gets smarter — and mischievious

    San Francisco, United States -- Anthropic launched its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set new standards for reasoning but also building in safeguards against rogue behavior. "Claude Opus 4 is our most powerful model yet, and the best coding model in the world," Anthropic...
  • Palestinian faction chiefs quit Damascus amid pressure

    The leaders of pro-Iran Palestinian factions close to former ruler Bashar al-Assad have left Syria under pressure from the new authorities, Palestinian sources said Friday, a key US demand for lifting sanctions.
  • Doubt cast on claim of ‘hints’ of life on faraway planet

    Paris, France - When astronomers announced last month they might have discovered the most promising hints of alien life yet on a distant planet, the rare good news raised hopes humanity could soon learn we are not alone in the universe. But several recent studies looking into the same data...
  • UAE tops 50C in highest May temperature on record

    The United Arab Emirates registered a sizzling 50.4 degrees Celsius on Friday, the highest on record for May, following weeks of sweltering temperatures in the desert nation acutely vulnerable to climate change.
  • Trump fires new 50% tariff threat at EU, drawing stiff response

    Washington, United States - President Donald Trump rekindled the US trade war on Friday, threatening to impose a 50 percent tariff on the European Union -- and drawing a strong response from European politicians. If they come into effect, the new duties on Brussels would dramatically raise Washington's current baseline...
  • Antonio Guterres denounces ‘cruelest phase’ of Gaza conflict

    "For nearly 80 days, Israel blocked the entry of life-saving international aid," Guterres said. "The entire population of Gaza is facing the risk of famine.
  • TOURISE 2025: Riyadh to host premier summit for sustainable tourism

    Riyadh, Saudi Arabia -- Saudi Arabia's Minister of Tourism, Ahmed Al-Khateeb, has officially unveiled TOURISE, a groundbreaking global platform set to transform the future of the tourism industry. The inaugural TOURISE 2025 event will take place in Riyadh from November 11-13, bringing together public and private sector leaders, experts, and...
  • Trump administration refocuses US-China chip war on AI and Huawei

    Beijing, China -- The United States has taken aim at China's Huawei over the cutting-edge chips powering artificial intelligence (AI), part of a shifting technology dispute between the two largest economies. AFP looks at how the US-China chip war is evolving under US President Donald Trump: Focus back on China...
  • Global anti-malware crackdown leads to 20 arrest warrants, Europol says

    Authorities took down more than 300 servers worldwide, neutralized 650 domains and seized 3.5 million euros ($3.9 million) in cryptocurrency, they said. The coordinated crackdown has dealt "a direct blow to the ransomware kill chain", breaking it "at its source", said the European Union's criminal police agency.
  • Israeli embassy staffers shot in Washington: how it unfolded

    Elias Rodriguez faces murder and other charges after allegedly gunning down two Israeli embassy staffers outside the Capital Jewish Museum in Washington.
  • Israeli director Nadav Lapid decries ‘blindness’ over Gaza

    Cannes, France - Director Nadav Lapid said his new film "Yes" about a musician asked to re-write the Israeli national anthem is a response to his country's "blindness" to suffering in Gaza. Lapid has previously dissected his country's ills in "Synonyms", which won the Golden Bear in Berlin in 2019,...
  • Why Israel gets support from central, eastern Europe

    Their solidarity came to the fore on Wednesday, when Austria and Germany broke ranks with European Union peers to argue against a review ordered by Brussels of an EU-Israel cooperation deal.
  • Iran, US to hold new round of nuclear talks in Rome

    The talks, which began in April, are the highest-level contact between the foes since the United States quit the 2015 nuclear accord during President Donald Trump's first term.
  • Xiaomi launches new advanced in-house mobile chip

    Beijing, China -- Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one...
  • May 2025 Islamic Treasury Sukuk auction attracts bids worth $1.88bn

    Abu Dhabi, UAE -- The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and payment agent, announced the successful completion of the May 2025 auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to...
  • Ads pressured to evolve as AI changes Google search

    San Francisco, United States -- As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine. The internet giant is dabbling with ads in its new AI Mode for online search, a strategic move to fend off competition...
  • Turkey says increasing energy exports to war-torn Syria

    Damascus, Syria -- Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports to Syria to help boost electricity supplies as its neighbor seeks to recover after years of war. "We want to triple our current electricity exports to meet Syria's electricity needs,...
  • Iran-US nuclear talks set for Rome this week: Oman mediator

    Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome later this week, Tehran and mediator Oman said Wednesday.
  • Gazans mourn at dawn after night of intense Israeli strikes

    Gaza's civil defence agency said that more than 20 air strikes hit Khan Yunis and its surroundings overnight, with the targets including encampments for Palestinians displaced by the war, now in its 20th month.
  • Rubio sees more Arab states normalizing with Israel this year

    US Secretary of State Marco Rubio suggested Wednesday that more Arab nations could forge ties with Israel this year, as Washington presses hard for relations to normalize with Saudi Arabia.
  • US accepts Boeing jet from Qatar for use as Air Force One

    US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald Trump for use as Air Force One, the Pentagon said Wednesday.
  • Israeli ‘warning’ fire at diplomats sparks outcry amid Gaza pressure

    EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a stronghold of Palestinian armed groups and a frequent target of Israeli raids.
  • Cyberattack to cost UK retailer Marks & Spencer $404 million

    London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is set to last through to July and cost the group £300 million ($404 million). Marks last week revealed that some personal data of its customers had been stolen in a...
  • An output cut of one million barrels per day (bpd) was being discussed at OPEC+, sources said before the announcement. Credit: Pixabay

    Oil prices jump on report of Israel prepping Iran strike

    Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received intelligence indicating Israel was preparing to target Iranian atomic facilities.
  • Etihad Q1 profit $187 million

    This is a 30% YoY increase over Q1 2025.
  • Blending AI with a Human Touch: Al Rais Travel Eyes the Future of Tourism

    Executive Director Mohamed Al Rais unveils a tech-human hybrid approach to personalize travel experiences — and announces a strategic India office to tap into Dubai’s largest source market.
  • Iran says talks with US unlikely to ‘lead to any outcome’

    US Secretary of State Marco Rubio said that Iran could have civilian nuclear power while importing enriched uranium but that it wanted to keep its enrichment programme as "a matter of national pride" and "as a deterrent".
  • EU to lift all economic sanctions on Syria to help the war-torn country

    EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn country recover after the ouster of Bashar al-Assad.
  • WHO adopts landmark pandemic agreement after over 3 years of negotiations

    Geneva, Switzerland - The World Health Organization's member states on Tuesday adopted a landmark Pandemic Agreement on tackling future health crises, after more than three years of negotiations sparked by the shock of Covid-19. The accord aims to prevent the disjointed responses and international disarray that surrounded the Covid-19 pandemic...