GB Corp’s consolidated revenues leap 35.2% YoY in H1 2026 Arab Finance For Information Technology
Arab Finance: GB Corp recorded a 24.54% year-on-year (YoY) drop in consolidated net profits after tax attributable to the shareholders for the first half (H1) of 2026, reaching EGP 1.262 billion from EGP 1.672 billion, according to the financial results. Operating revenues jumped by 35.2% to EGP 48»»»
Old Political Model Office Seekers Used by Prime Minister Radev to "Eliminate Oligarchy"
After 100 days in office, Prime Minister Rumen Radev claimed to have "eliminated oligarchy" from political power, by filling it with office seekers from the old political model, the assessment of Continue the Change (CC) of the cabinet’s performance said. In healthcare, Ivanka Dineva was reinstated»»»
US official says Hezbollah 'bears sole responsibility for Israel's presence' in Lebanon
A U.S. State Department spokesperson has said that Hezbollah "bears sole responsibility for Israel's presence on Lebanese soil," following the latest deadly Israeli strikes in south Lebanon. "This is precisely why Hezbollah must be disarmed and dismantled," the spokesperson said. "The pilot zone pr»»»
'Everyone lives in fear': Yemenis worry about return to all-out war
Yemen's years-long civil conflict killed tens of thousands of people, uprooted millions and drove the country to the brink of famine before a 2022 truce restored relative calm. Now, renewed hostilities between the Houthi rebels and the government have many fearing the return of all-out war. Hodeida»»»
Israel vows to go after Hezbollah as it names another killed
Israel vowed Sunday it would hit Hezbollah again if threatened, as it identified what it described as a commander killed in strikes a day earlier that also left several children dead. Israeli strikes on Saturday killed 11 people in southern Lebanon, according to authorities, in the deadliest attack»»»
Firefighters battle second day of blaze on Greek island
ATHENS: Firefighters battled for a second day on Sunday to contain a forest fire on the Greek Aegean island of Skyros, as the local mayor voiced hope it could soon be brought under control. “Within the day I believe the fire will be fully extinguished,” Skyros mayor Kyriakos Antonopoulos told state»»»
Iran accuses Qatar of thwarting probe into fate of pilots
Iran accused Qatar on Sunday of thwarting efforts to work out what happened to three pilots Tehran says were captured during the Middle East war, though the Gulf state has denied detaining them. The Islamic republic had previously reported one pilot killed and others missing after a sortie to Qatar»»»
Record Belgium wildfire doubles in size in 24 hours: authorities
Brussels, Belgium: A wildfire raging in a nature reserve in eastern Belgium, the biggest to hit the country in recent history, has more than doubled in size in 24 hours to affect some 3,000 hectares (7,500 acres), authorities said Sunday. An update from the Wallonia regional government said more th»»»
Israeli Enemy Proceeds Attacks on Ali Al-Taher in Southern Lebanon - Al-Manar TV Lebanon
Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Israeli Enemy Proceeds Attacks on Ali Al-Taher in Southern Lebanon 16-08-2026 12:07 PM Smoke rises after Israeli strike on the area between»»»
Sukuk liquidity nears pre-war levels as recovery remains uneven: Fitch
RIYADH: Liquidity among most Fitch-rated sukuk is edging closer to pre-war levels despite ongoing geopolitical tensions in the Middle East, although the recovery remains uneven, an analysis showed. As of Aug. 4, just over 75 percent of Fitch-rated sukuk had a liquidity score above 50, up from 64 pe»»»
Thousands of evacuees await aid after deadly quake on Indonesia's Flores island
Thousands of evacuees on Indonesia's Flores island began receiving aid on Sunday after a 7.7-magnitude quake killed 48 people, injured dozens and damaged hundreds of houses and buildings. Some 5,000 people fled their homes and in some areas people were left without electricity and telecommunic»»»
UAE scholarships: 15 reasons students could lose their funding
Scholarship students in the UAE could have their scholarships cancelled for reasons including poor academic performance, unauthorised employment, prolonged absence or providing forged academic documents, under rules set by the Ministry of Higher Education and Scientific Research (MoHESR). The minis»»»
Museum of Illusions Dubai shuts its Al Seef home after 8 years
You could stand in the same room with a friend, but on opposite ends, one would look like a towering giant while the other looked tiny. By playing on perspective, angles, shadow and light, the Museum of Illusions Dubai created rooms that made for fun Insta shots and interesting learning. Today, how»»»
Taliban regime has itself become a proxy trying to destabilize the region, Pakistan’s UN envoy tells Arab News
NEW YORK CITY: Five years after the Taliban swept into Kabul, Pakistan’s ambassador to the UN, Asim Iftikhar Ahmad, is not walking back Defense Minister Khawaja Asif’s February declaration that the two countries are in “open war.” “The trends are posing grave concern,” Ahmad told Arab News in an in»»»
5 shot, 1 killed after downtown Lexington shooting
Local police are investigating a shooting at Charles Young Park that killed one person and injured four others in Lexington, Kentucky, on Saturday evening. A 4-year-old, a 14-year-old, and two adults were taken to hospital with injuries that were not considered life-threatening, local police chief »»»
AD Ports expands UAE trade routes to keep goods moving during Hormuz disruption
Dubai: AD Ports Group expanded alternative sea, road, rail, and air cargo routes across the UAE during the second quarter of 2026 to keep goods moving amid disruptions around the Strait of Hormuz, including critical shipments such as food and pharmaceuticals. Sign up for our daily business newslett»»»
'Something we dreamed of': Bangladesh celebrates historic cricket win
Dhaka: Former players and fans hailed Bangladesh's first-ever Test win in Australia on Sunday as the country's biggest achievement in the five-day game, saying it could be a turning point for their cricketing ambitions. Bangladesh sealed a historic nine-wicket thrashing inside four days in Darwin, »»»
BREAKING: 12 killed in devastating bus crash on Hungary’s M3 motorway
Twelve people have been killed and dozens injured after a Polish-registered tourist bus crashed on Hungary’s M3 motorway near Mezőkeresztes early on Sunday morning. According to police, the accident happened at around 1 AM on 16 August on the motorway’s carriageway towards Nyíregyháza, shortly afte»»»
Indian sailor, wife and kids found dead in Mumbai home
An Indian sailor and his family – wife and two children aged three and two months – have been found dead in their Mumbai home. Times of India reported that the sailor is suspected to have died by suicide by hanging at his home in Navy Nagar. Get updated faster and for FREE: Download the Gulf News a»»»
Space42 share buyback gets ADX approval, giving shareholders a fresh signal on value
Dubai: Space42 shareholders could see the company buy back up to 2.5% of its issued share capital after the UAE-based SpaceTech company secured approval from the Abu Dhabi Securities Exchange for the programme. Sign up for our daily business newsletter, Cheques & Balances.The buyback, which receive»»»
How Iran War Turned China Into a Global Oil-Price Stabilizer
When the Iran war effectively shut the Strait of Hormuz, energy markets braced for the worst. Analysts warned of prices soaring past $150 a barrel and a global recession. Instead, Brent crude has remained remarkably stable, hovering below $90. The main reason for this unexpected reprieve is China's»»»
South Korea president proposes talks with Pyongyang to formally end Korean War
South Korean President Lee Jae-myung proposed on Saturday that Pyongyang engage in dialogue to formally end the Korean War, which has technically been ongoing for more than 70 years due to the lack of a peace treaty. South Korean President Lee Jae-myung proposed talks with North Korea to formally e»»»
Bangladesh make history with first-ever Test win in Australia
Darwin, Australia: A dominant Bangladesh stunned Australia to win the opening Test by a crushing nine wickets in Darwin on Sunday for a historic first-ever Test victory on Australian soil. After bowling Australia out for 284 and needing 57 to win, the visitors cruised past the total when Mominul Ha»»»
Flood in rural northwestern Spain kills two, injures two babies
Two women were killed and two babies were injured when torrential rain sparked a flood and a landslide in rural northwestern Spain on Saturday, authorities said. The flood comes after weeks of heatwaves and wildfires in the country. A flood and a landslide triggered by torrential rain killed »»»
Iran War Proves US Air Defenses Inefficient Against Modern Threats
Arab states using US air defenses against Iranian drones is "shooting sparrows with cannons" as the interceptor missiles are very costly, experts of the Center for Analysis of World Arms Trade (CAWAT) say in an analytical article. "Combat experience shows that the modern air offensive strategy is a»»»
Teens Murder a Man in Plovdiv: The Known Facts, Claims and AllegationsOpinions
The death of 37-year-old Georgi Kuzev after an attack involving a group of teenagers in Plovdiv has triggered widespread public reaction and a flood of conflicting information. Established facts, the prosecution’s allegations, defense arguments, witness accounts and unverified claims have increasin»»»
Bulgaria: 18 Detained in Plovdiv Over Suspected Neo-Nazi Group TiesOpinions
Eighteen people have been detained in Plovdiv as part of a joint operation by Bulgaria’s State Agency for National Security (DANS) and police targeting a group allegedly linked to the international neo-Nazi organization Blood & Honour. Police said objects and symbols associated with ideologies »»»
US State Department to Asharq: “Pilot Zones” are the only path to peace for Lebanon and Israel
WASHINGTON DC: A US State Department spokesperson told Asharq on Saturday that the “pilot zones” process remained “the only viable path towards achieving long-term peace and security for Lebanon and Israel”. The spokesperson added that Washington was looking forward to the Lebanese army completing »»»
Rain holds up India on day two of Sri Lanka Test
Galle, Sri Lanka: Rain prevented play in the morning session on the second day of the first cricket Test between Sri Lanka and India in Galle on Sunday. The heavy downpour in the coastal town denied India an opportunity to build on their good start in the country's 600th Test. The tourists ended th»»»
12 killed as bus overturns in Hungary
A Polish-registered bus overturned on a Hungarian highway early Sunday killing 12 people and leaving at least 10 with serious injuries, Prime Minister Peter Magyar and the police said. The Polish coach crashed at 1am (2300 GMT Saturday) on the M3 highway near Mezokeresztes, east of Budapest, accord»»»
On This Day Aug. 16: West Caribbean Airways crash kills 160 in Venezuela - UPI.com
On Aug. 16, 2005, a West Caribbean Airways flight from Colombia crashed in a remote area of northwest Venezuela, killing 160 people. 1 of 5 | On August 16, 2005, a West Caribbean Airways flight from Colombia crashed in a remote area of northwest Venezuela, killing 160 people. File Photo courtesy of»»»
Independence Day celebrations bring Pakistanis together in Sharjah
Independence Day celebrations bring Pakistanis together in Sharjah Pakistani community gathers at Pakistan Social Centre Sharjah for cultural performances, national songs and celebrations Sharjah: National pride and cultural spirit filled the Pakistan Social Centre Sharjah as the community gathered»»»
51 killed, thousands evacuated after rarthquake strikes Indonesia
Jakarta: Indonesian authorities announced on Sunday that at least 51 people were killed and about 5,000 were evacuated after a 7.7 magnitude earthquake struck off the coast of Flores Island in eastern Indonesia. Indonesian Deputy Health Minister Benjamin Paulus Octavianus reported that 36 people we»»»
Al Sadd beat Mouloudia to retain Al Ahrar Cup
Doha, Qatar: Qatar Stars League champions Al Sadd retained the Al Ahrar Cup after defeating Algeria’s Mouloudia 2-0 at Jassim Bin Hamad Stadium yesterday. The friendly match, organised by Al Sadd as part of their preparations for the new season, was held for the second consecutive year. Al Sadd als»»»
Russia demands answers from US, Turkey over cluster bombs for Ukraine
Turkey wants to hand Ukraine a stockpile of American cluster bombs that has been sitting in its depots since the 1980s. Moscow has asked Washington and Ankara to explain themselves. Any such transfer would do "serious harm ... to our bilateral relations with Washington and Ankara," Russian foreign »»»
HBKU students explore World Cup legacy in Canada
Doha, Qatar: Graduate students from the Sport and Entertainment Management programme at Hamad Bin Khalifa University’s (HBKU) School of Economics and Management have completed a ten-day academic exchange in Canada, examining how major sporting events can create lasting social, institutional, and ed»»»
Oil climbs over $1 on tanker attacks, no progress on peace
Doha, Qatar: Crude oil futures climbed over $1 a barrel on Friday amid tanker attacks and a lack of progress on a peace agreement between the Trump administration and Iran’s leadership, stated Al Attiyah Foundation in its Weekly Energy Market Review. Brent crude futures settled at $88.52 a barrel, »»»
Erdogan says Egypt could join Turkiye-Saudi-Pakistan defence pact
DOHA: Turkish President Recep Tayyip Erdogan has said Egypt could become the next country to join a newly established mutual defence pact between Turkiye, Saudi Arabia and Pakistan. In an interview with Al Jazeera, Erdogan described Cairo’s possible accession as one of several options being conside»»»
Vantage: Bridging Data, Innovation, and Investment in Egypt’s Real Estate Market Arab Finance For Information Technology
Arab Finance: Egypt's real estate market has remained resilient despite a challenging macroeconomic environment, with inflation, currency movements, and rising construction costs continuing to reshape property prices and buyer behavior. Official and industry data point to sustained price pressures:»»»
Beyond Tax Breaks: Can Egypt’s New Package Unlock the EGX’s Potential? Arab Finance For Information Technology
Egypt has unveiled its second tax facilitation package, a cornerstone in its broader reform agenda aimed at easing operational burdens while invigorating capital market activity. Building on the first package’s SME-focused measures, the new framework introduces incentives designed to attract influe»»»
Indian and Pakistani riders take Independence Day rides
Sunday morning, 5.30am, and the forecourt of a petrol station in Al Warsan is filling with engines. By 8am, the convoy has run out to Al Qudra, looped through Al Marmoom and pulled up at the last exit on the road to Abu Dhabi. The riders are Indian and Pakistani. Their banner reads “Proud of UAE”. »»»
Djokovic feels the heat in Cincinnati opening defeat
Cincinnati: Novak Djokovic suffered in the second set from punishing heat and humidity on Saturday but made a match of it before falling 2-6, 6-4, 6-4 to Argentine Thiago Tirante in what could be the Serb's last appearance at the ATP-WTA Cincinnati Masters. The second-round battle lasting for more »»»
Transport and ports sectors enter new phase of smart mobility, trade growth
Doha, Qatar: Qatar is moving into a new phase of transport and logistics development, with the Ministry of Transport advancing autonomous mobility and long-term public transport planning while Mwani Qatar reports strong cargo activity at the country’s commercial ports. One of the most notable devel»»»
Moscow region targeted by 600 drones overnight, 3 people wounded: mayor
Six hundred drones targeted the Moscow region in a sustained overnight assault that wounded three people, the Russian capital's mayor said on Sunday, as Ukraine steps up long-range attacks into Russian territory. Ukraine has been carrying out strikes deep inside Russia in recent weeks, with drone b»»»
FRA eases equity requirement for real estate firms converting to investment funds Arab Finance For Information Technology
Arab Finance: The Financial Regulatory Authority (FRA) has amended the requirements for real estate investment and development companies seeking to convert into real estate investment funds, as per a statement. Under the new rules, a company’s net equity must be at least EGP 500 million based on it»»»
Eastern Japan rain kills nine: report
Heavy rain that battered eastern Japan has left nine people dead, public broadcaster NHK said Sunday, after an "unprecedented" deluge that flooded over a thousand homes and snarled up roads and rail services. Torrential downpours starting late Thursday triggered landslide warnings and power outages»»»
Thousands evacuate after Indonesia quake kills 51, cuts roads
SIKKA: Around 5,000 people have been evacuated after a magnitude-7.7 earthquake smashed an area in eastern Indonesia, killing at least 51, blocking roads and causing landslides, authorities said on Sunday. Thirty-six people were seriously injured in the Saturday morning quake in East Nusa Tenggara»»»
Thousands await aid after deadly Indonesian quake
Thousands of evacuees waited for help Sunday on Indonesia's Flores island after a powerful earthquake killed 48 people, injured dozens and damaged hundreds of houses and buildings. Some 5,000 people fled their homes as the 7.7-magnitude quake hit the island early Saturday, followed by 341 aftershoc»»»
Hope fades for finding survivors of Colombia quake as rescued woman dies
A Colombian woman who was rescued after being trapped for nearly 37 hours under the rubble in the wake of a strong earthquake has died of her injuries, her family told AFP on Saturday. Along with her death comes the painful realisation that the chances of finding survivors are dwindling, as rescue »»»
Artful founders Samar and Angela on why 'play has no age'
Creativity has always been at the core of Artful founders Samar Stradi and Angela Arnaout's work. They met while working in advertising approximately 15 years ago. A shared vision and goal to spend more time with their families eventually led them to create Artful, play experiences for all ages. Af»»»