IHC profit nearly doubles to Dh8.2 billion in first quarter
Dubai: IHC reported a near doubling of first-quarter profit after tax, supported by stronger operating performance, higher investment income and gains across its diversified portfolio. Sign up for our daily business newsletter, Cheques & Balances.The Abu Dhabi-based investment company said profit a»»»
South Sudan's President Kiir Sacks Army Chief, Finance Minister in Latest Reshuffle
South Sudan's President Salva Kiir has dismissed the country's military chief and a finance minister who had been in post for less than three months, state media reported late on Wednesday. The dismissals were the latest of frequent changes in the top ranks of Kiir's government in recent years »»»
[Interview] MCC’s Frank Furedi: Polarisation is here to stay, EU should stick clear of ‘values’
The EU’s turn to American ‘identity politics’ was the product of a legitimacy crisis facing the bloc in the aftermath of the 2008-2009 financial crisis, argues Frank Furedi, executive director of MCC Brussels, a conservative think-tank. Questions about European identity are now at the heart of a cu»»»
Countries scramble to track passengers of virus-hit cruise ship
AMSTERDAM: Countries worldwide scrambled on Thursday to trace people who had left the cruise ship hit by a hantavirus outbreak before it got marooned off the coast of Cape Verde, in an effort to prevent further spread of the disease. Three people — a Dutch couple and a German national — died in th»»»
Israeli strike on Dahieh kills Hezbollah's Radwan Force commander
Israeli Prime Minister Benjamin Netanyahu said the military struck Beirut's southern suburbs on Wednesday, targeting a top Hezbollah commander. "The Israeli army has struck in Beirut to target the commander of Hezbollah's Radwan force, in an attempt to neutralize him," a joint statement issued by N»»»
Iran denies ship attack as Trump warns of renewed bombing, eyes deal
Iran denied on Thursday attacking a South Korean cargo ship in the Strait of Hormuz this week, as U.S. President Donald Trump said a deal to end the war was "very possible" but warned Washington would resume bombing if talks failed. Tehran's embassy in Seoul said it "firmly rejects and categoricall»»»
IBM CEO: Saudi Arabia enters AI implementation phase
BOSTON: At IBM Think 2026 in Boston, IBM’s bet on Saudi Arabia went beyond expanding its role in AI infrastructure. The US technology company sought to position itself as a partner in a tougher phase, turning that investment into large-scale industrial and institutional execution. That message came»»»
Dubai gold prices climb again as 24K returns near Dh570 a gram
Dubai: Dubai gold prices moved higher on Thursday morning, extending a strong rebound that has taken 24K gold back near Dh570 a gram after a sharp rise earlier in the week. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and India.) Sign up for ou»»»
Polls open in UK local elections seen as a verdict on Keir Starmer’s leadership
LONDON: British voters cast ballots Thursday in midterm local and regional elections that could shake up the country’s politics and deliver a heavy blow to embattled Prime Minister Keir Starmer.Starmer’s center-left Labour Party is bracing for big losses in polls that will choose about 5,000 local »»»
South Sudan’s President Kiir sacks army chief, finance minister in latest reshuffle
JUBA: South Sudan’s President Salva Kiir has dismissed the country’s military chief and a finance minister who had been in post for less than two weeks, state media reported late on Wednesday. The dismissals were the latest of frequent changes in the top ranks of Kiir’s government in recent years»»»
Strong gains in banks, industrials and transport lift QSE index over 140 points
Doha, Qatar: The Qatar Stock Exchange (QSE) index surged 144.63 points or 1.38 percent to close at 10,649.25 points yesterday. During yesterday’s session the volume of shares traded stood at 189,988,779 from 120,313,594 on May 5. Meanwhile the value of shares reached QR487.361m as a result of imple»»»
An in-depth analysis of US-Iran war complexities
Doha, Qatar: Prof. Khalid Mubarak Al-Shafi, Editor-in-Chief of The Peninsula has delivered a deeply informed and compelling analysis of one of the most pressing current affairs subject of the day. Written with clarity and authority, the article reflects both academic rigor and a seasoned editorial »»»
Khalifa International Stadium ready to host Amir Cup final as excitement builds
Doha, Qatar: Excitement is building ahead of the highly anticipated Amir Cup final, with the Local Organising Committee (LOC) yesterday confirming full readiness to host Saturday’s showdown at the iconic Khalifa International Stadium. Record 19-time champions Al Sadd will take on defending champion»»»
Oil prices rise as investors weigh Middle East peace prospects
TOKYO: Oil prices rose over $1 on Thursday, rebounding from the previous day’s sharp losses, as investors weighed the prospects of a Middle East peace deal succeeding. Brent crude futures were up 78 cents, or 0.8 percent, at $102.05 a barrel at 07:00 a.m. Saudi time. US West Texas Intermediate gai»»»
Trump to Host Lula in Test of Fitful Relationship
US President Donald Trump will host his Brazilian counterpart Luiz Inacio Lula da Silva at the White House on Thursday -- the latest test of the ideological opposites' tenuous relationship, with security and investment topping the agenda. At the helm of the Americas' two largest economies, the lead»»»
Divers to investigate sunken freighter off Andros as questions mount
Divers are due later Thursday to try and inspect the wreck of a Turkish-operated freighter that sank off the Aegean Sea island of Andros without loss of life but raising questions over potential environmental damage. Greek authorities, including the National Intelligence Service, are also taking a »»»
Dubai drivers get more public and developer parking spaces
Dubai: Dubai’s paid parking network added about 49,000 spaces in the first quarter of 2026, taking Parkin’s total portfolio to 258,000 spaces across public, developer and multi-storey parking facilities. Sign up for our daily business newsletter, Cheques & Balances.The increase was announced in Par»»»
Emirates stays world’s most profitable airline — despite disruption
Dubai: Emirates has retained its position as the world’s most profitable airline, reporting record financial results for 2025–26 despite operational disruption in the final month of its financial year. Sign up for our daily business newsletter, Cheques & Balances.Emirates follows an April-to-March »»»
Abu Dhabi’s first world-scale methanol plant secures $2 billion financing
Dubai: TA’ZIZ has secured $2 billion in financing for the UAE’s first world-scale methanol plant, moving one of Abu Dhabi’s major industrial projects closer to production and strengthening the country’s push to build more chemicals and manufacturing capacity at home. Sign up for our daily business »»»
Hantavirus is on the rise in Argentina, where a stricken cruise ship began its journey
BUENOS AIRES: Officials and experts in Argentina are scrambling to determine if their country is the source of a deadly hantavirus outbreak that has gripped an Atlantic cruise.The health emergency aboard the ship that’s moored across the ocean comes as Argentina sees a surge of hantavirus cases tha»»»
Officials plead for change of plan to stop killer livestock disease
Regional authorities on Lesvos have appealed to the government to allow “targeted” vaccinations to stop the deadly foot-and-mouth livestock disease that’s causing havoc with the northeastern Aegean Sea island’s economy. In a letter to the Rural Development Ministry, the regional official responsibl»»»
Why Ranbir Kapoor begged Neetu Kapoor to leave Shimla during Operation Sindoor
Dubai: As anticipation builds around Daadi Ki Shaadi, Neetu Kapoor has shared an emotional memory from the film’s shoot that revealed just how protective her son Ranbir Kapoor can be. The actress was filming in Shimla when tensions between India and Pakistan intensified during Operation Sindoor in »»»
Medicine import rules strengthened to ensure patient safety, reduce waste
Doha, Qatar: Associate at the Department of Pharmacy and Drug Control at Ministry of Public Health Dr. Latifa Al Khayat has outlined the regulatory framework governing the import and circulation of medicines in the country, emphasising its role in safeguarding patient safety and reducing pharmaceut»»»
Syrian Forces Detain Uzbek Fighters in Security Sweep
Syrian forces have arrested Uzbek fighters during a security sweep in the northwest, after a dispute involving one of them escalated into protests outside a government security facility, two Syrian security officials said. The tensions began after authorities sought to detain an Uzbek fighter accus»»»
CDC Says Monitoring US Travelers on Cruise Ship after Hantavirus Outbreak
The United States is closely monitoring the situation with US travelers on board the luxury cruise ship that was hit by a hantavirus outbreak, the Centers for Disease Control and Prevention (CDC) said on Wednesday. Three people - a Dutch couple and a German national - have died in the outbreak on t»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Europe’s Russian Arctic LNG imports from Yamal hit record high in first four months of 2026
The EU imported more Russian Arctic liquefied natural gas in the first four months of 2026 than in any equivalent period since the Yamal LNG project began exporting in 2017, according to new analysis of Kpler shipping data published by campaign group Urgewald — paying an estimated €3.88bn to Moscow»»»
Rudy Giuliani moved from ICU but remains hospitalized - UPI.com
Rudy Giuliani, the former Mayor of New York City, has been removed from the ICU, his spokesman said on Wednesday. File Photo by Peter Foley/UPI | License Photo May 7 (UPI) -- Rudy Giuliani has been moved from the intensive care unit but remains hospitalized, a spokesperson for the former New York C»»»
IBM CEO to Asharq Al-Awsat: Saudi Arabia Enters AI Implementation Phase
At IBM Think 2026 in Boston, IBM’s bet on Saudi Arabia went beyond expanding its role in AI infrastructure. The US technology company sought to position itself as a partner in a tougher phase, turning that investment into large-scale industrial and institutional execution. That message came through»»»
Senior Hezbollah Commander Reportedly Killed by Israel in Beirut Suburbs Strike
A senior commander from Hezbollah's elite force was killed in an Israeli strike on Beirut's southern suburbs on Wednesday, the first on the area in nearly a month, a source close to the group said. At least 11 other people were killed in strikes across the south and east, according to the Lebanese »»»
DOJ: UCLA medical school favors Black, Hispanic applicants - UPI.com
The Justice Department announced Wednesday that University of California, Los Angeles' David Geffen School of Medicine employs admissions practices that violate a 2023 Supreme Court ruling. File Photo by Jim Ruymen/UPI | License Photo May 6 (UPI) -- The University of California, Los Angeles' medica»»»
PSG hold Bayern to reach second straight Champions League final
MUNICH, Germany: Holders Paris St. Germain drew 1-1 at Bayern Munich on Wednesday to reach the Champions League final, earning a 6-5 aggregate victory after a compelling second leg that was far cagier than their goal-laden first encounter. Ousmane Dembele’s goal after three minutes set PSG on thei»»»
How a deadly hantavirus outbreak unfolded on a cruise ship for weeks before it was identified
CAPE TOWN, South Africa: A deadly outbreak of the rare hantavirus unfolded over the course of weeks on a cruise ship that sailed from Argentina toward Antarctica and then across the Atlantic Ocean, stopping at or near remote islands on the way as passengers and crew members fell sick, according to »»»
Southern Republicans press ahead with election-year redistricting of US House despite protests
NASHVILLE, Tennessee: Republicans in several Southern states pressed ahead with an aggressive election-year redistricting effort Wednesday, undeterred by demonstrations and objections to their plans to reshape majority-Black congressional districts that have suddenly become vulnerable because of a »»»
Saudi pavilion at Venice Biennale turns fractured heritage into monumental art installation
VENICE: Saudi Arabia has unveiled a sprawling earth-and-mosaic installation at the 61st International Art Exhibition of La Biennale di Venezia, using traditional craftsmanship and references to damaged heritage sites across the Arab world to explore memory, loss and cultural continuity. The exhibit»»»
Pair back in UK from virus-hit ship advised to 'self-isolate': officials
Two people who returned to the UK from a cruise ship hit by a hantavirus outbreak have been advised to self-isolate, the UK Health Security Agency said Wednesday. "The risk to the general public remains very low," the UKHSA however stressed. UKHSA said "neither of these individuals is currently rep»»»
Study says that TikTok algorithm prioritized Republican content - UPI.com
A employees poses with a Galaxy phone during launch day in 2022 at the Samsung Harajuku store in Tokyo. A study released Wednesday in the journal Nature said that social media platform TikTok prioritized pro-Republican for many users leading up to the 2024 election. File Photo by Keizo Mori/UPI | L»»»
Support packages and logistics links are helping companies manage higher costs
Dubai: Dubai’s economic priorities have not changed despite the pressure placed on oil, shipping, business costs and investor sentiment by the US-Israel-Iran conflict, according to a senior official at the Dubai Economic Development Corporation. Sign up for our daily business newsletter, Cheques & »»»