QIC delivers resilient net profit of QR365m in H1 2026
Doha, Qatar: Qatar Insurance (QIC, or ‘the Group’), the leading insurer in Qatar and one of the largest across the Middle East and North Africa, reported a resilient performance for the first half of 2026, with net profit of QR365m. The Group absorbed the impact of an exceptional regional geopoliti»»»
Gemini AI system surpasses 1 billion users
Washington, USA: Google's Gemini artificial intelligence (AI) system has surpassed one billion users, according to an announcement by CEO Sundar Pichai. Pichai said in a social media post that Gemini is the company's fastest-growing product and its fourteenth to reach one billion users, explaining »»»
QIC posts net profit of QR365 mn in H1
Tribune News Network Doha Qatar Insurance Company (QIC), Qatar’s leading insurer and one of the largest insurance groups in the Middle East and North Africa, reported a resilient performance for the first half of 2026, with net profit of QR365 million, despite the impact of an exceptional regional »»»
China Takes 97% of H1 Humanoid Robot Shipments as Supply Chains Drive Global Scale-Up
China's cutting-edge industrial upgrade witnessed two major landmarks on Monday, marking the country's full-fledged global lead in humanoid robotics and further solidifying the rise of its "new new three" strategic sectors — robotics, artificial intelligence and innovative medicine. Industry data s»»»
Elena Roșca, Electro-Alfa: Romania does not need to imitate global industrial champions. It has the capabilities to build its own
Electro-Alfa International entered a new chapter in 2026, completing an IPO that was approximately 60 times oversubscribed and marking its debut on the Bucharest Stock Exchange after 35 years of building expertise in the energy industry. For Elena Roșca, Chief Marketing Officer at Electro-Alfa Inte»»»
Don Nelson, the visionary who saw the NBA’s future, dies at 86
DUBAI: Hall of Fame coach Don Nelson, one of basketball’s great innovators whose ideas helped shape the modern NBA, has died at the age of 86. Nelson died peacefully on Sunday surrounded by family, bringing to a close a remarkable life in basketball that stretched across more than six decades as a »»»
Seha Virtual Hospital performs 11 remote robotic surgeries
RIYADH: Saudi Arabia’s Seha Virtual Hospital has performed 11 consecutive remote robotic surgeries, enabling patients to receive care without traveling. According to the hospital, the surgical team in Riyadh performed the procedures remotely on patients in Hail and other locations across Riyadh, as»»»
‘Spider-Man: Brand New Day’ keeps record pace, ‘The Odyssey’ sets new high for Nolan
NEW YORK: “Spider-Man: Brand New Day” continued its blistering pace in theaters, collecting $144.5 million domestically over its second weekend, according to studio estimates Sunday, while Christopher Nolan’s “The Odyssey” set a new high for the director. The Sony-Marvel release has accrued $1.67 b»»»
Oman’s Sohar Industrial City secures $557m in H1 investments
JEDDAH: Oman’s Sohar Industrial City attracted more than 214 million Omani rials ($557 million) in investments during the first half of 2026, reinforcing the sultanate’s manufacturing expansion and economic diversification drive. The signed agreements comprised 22 new contracts, 12 expansion agreem»»»
97-year-old breaks own world record as oldest female wing walker
Doha, Qatar: A 97-year-old British woman has broken her own Guinness World Record to become the oldest female wing walker. Elizabeth “Betty” Bromage, from Cirencester in Gloucestershire, UK, successfully completed a wing walk on Tuesday, August 4, 2026, at the main base of wingwalking company AeroS»»»
Yemen's Houthis Say Carried Out Drone Strike on Saudi Aramco's Refinery in Jazan
BEIRUT (Sputnik) - Yemen's Ansar Allah movement, also known as the Houthis, carried out a drone attack on Saudi Aramco's oil refinery in Jazan in southwestern Saudi Arabia, Houthi military spokesman Yahya Saree said on Sunday. "The Yemeni armed forces successfully carried out a drone strike on the »»»
Fire Breaks Out at Saudi Aramco's Refinery in Jazan - Energy Ministry
BEIRUT (Sputnik) - A fire broke out early on Sunday at a facility at Saudi Aramco's Jazan oil refinery in southwestern Saudi Arabia, the kingdom's energy ministry said. "Saudi Aramco firefighting teams extinguished a fire that broke out early on Sunday at a facility belonging to the company's refin»»»
UAE renews call to protect freedom of navigation and international trade routes
Jaipur: Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, participated in the 2026 BRICS Trade Ministers Meeting (TMM), held at Maharani Mahal, Hotel Sawai Man Mahal, in Jaipur, India. Hosted by India under its BRICS Chairmanship, the meeting brought together trade ministers and senior offi»»»
Australian outbreak of H5N1 bird flu surpasses 200 cases
Canberra: The number of H5N1 bird flu cases in Australia on Saturday surpassed 200 as the southeastern state of Victoria introduced new measures to stop the deadly strain from spreading to poultry. The federal Department of Agriculture, Fisheries and Forestry (DAFF) said in an update that there had»»»
Liberty Tower sales top PLN 250 million in six months
Warsaw's premium residential market continues to gather momentum as Liberty Tower by Cavatina has surpassed PLN 250 million in apartment sales just six months after launching. The 140-meter residential skyscraper on Grzybowska Street has sold 122 apartments—more than one-fifth of its 587-unit inven»»»
UN’s Agricultural Development Fund aims to attract Saudi investors in sustainable bonds, says special envoy
RIYADH: The UN’s International Fund for Agricultural Development is working to attract Saudi investors as part of its sustainable bond initiative, building on more than $1 billion in bonds issued in capital markets since 2022 to generate social and environmental impact. Dina Saleh, IFAD’s special e»»»
How the Houthis built a parallel economy in Yemen
Building an economy often takes decades of patient labour. Yet the collapse of political institutions, or the eruption of conflict in the aftermath of revolutions and coups, can cancel out years of growth with startling speed, condemning nations to a long and punishing struggle to recover what they»»»
UN peacekeepers record worst Israeli escalation in Lebanon since June ceasefire deal
NEW YORK CITY: UN peacekeepers in Lebanon this week observed the sharpest surge in Israeli military activity since the announcement of a trilateral framework agreement for a ceasefire brokered by the US on June 26. Between midnight and 4 p.m. local time on Thursday, the UN Interim Force in Lebanon »»»
SoftBank logs $8.4 b investment gain on Intel shares
TOKYO — Japanese tech investor SoftBank reported Thursday a 1.3 trillion yen ($8.4 billion) return on its investment in Intel thanks to the US chip giant's increased share price.SoftBank posted a nearly 18 per cent year-on-year fall in first-quarter net profit, but the figure still beat expectation»»»
Kingdom's exports reach JD4.5b in seven months with 7% increase — ACI
AMMAN — Exports from the Amman Chamber of Industry (ACI) surpassed the JD4 billion mark during the first seven months of 2026, registering a 7 per cent growth compared with the same period in 2025, according to statistical data released by the chamber.The ACI reported that exports rose to JD4.506 b»»»
Unlocking pension capital crucial to sustaining Romanian PE growth
Andrei Gemeneanu, ROPEA president, talked to BR about Romania’s private equity market, which saw investment values quadruple to EUR 433.6 million in 2025. Gemeneanu discusses the drivers behind this surge, the record-breaking exit activity, and the need to unlock domestic pension funds to reduce re»»»
Parasitic illness: 15 states now linked to iceberg lettuce cyclospora outbreak, CDC says
NEW YORK: Parasitic illness cases in 15 states have been linked to iceberg lettuce, U.S. health officials said Wednesday. Cyclospora cases have been reported in at least 47 states this year, and investigators have continued to probe how many could be linked to a common contaminated source. The Cent»»»
Qatar's LNG Crisis Deepens: Why Europe's Gas Market Faces Another Shock
Qatar's LNG Crisis Deepens: Why Europe's Gas Market Faces Another Shock - Institute of Energy for South-East Europe About UsMission and VisionBackgroundAnnual ReportArticles of AssociationBoard of GovernorsOrganizationExecutive CommitteeScientific CommitteesResearchInternational Advisory GroupCo-op»»»
Higher-value developments lift One United Properties’ selling prices by 24% in H1 2026
One United Properties (BVB: ONE) recorded residential transactions worth EUR 106.1 million in the first half of 2026, including sales, pre-sales and reservations. The transactions covered 229 residential and commercial units with a total surface of 25,221 sqm, as well as 396 parking and storage spa»»»
SpaceX rocket segment to leave crater when it slams into the Moon
The upper stage of a SpaceX rocket will crash into the Moon on Wednesday, an unintentional collision that poses no danger to Earth but will leave behind a lunar crater. A mixture of solar activity and gravitational forces put the rocket's second stage on its path towards the Moon, scientists said.&»»»
ADNOC Distribution sells record 7.75 billion litres as H1 earnings surge
Dubai: ADNOC Distribution reported a record net profit of $568 million for the first half of 2026, up 59% from a year earlier, supported by higher fuel sales, network expansion, inventory gains and growth across its non-fuel retail business. Sign up for our daily business newsletter, Cheques & Bala»»»
Thousands pay tribute to Italian football legend Baresi
Milan, Italy: Thousands of people gathered outside a Milan church Tuesday to pay tribute to Italian football great Franco Baresi, who died last week aged 66. Regarded as one of the greatest sweepers in football history, a funeral service for the former AC Milan captain was held at Milan's Sant'Ambr»»»
Oil giant Aramco's profits soar 44 pct as war boosts prices
Riyadh, Saudi Arabia: Oil giant Saudi Aramco reported a 44 percent surge in net profits on Tuesday after the Middle East war sent energy prices soaring. Aramco, the world's biggest oil exporter and engine of the Saudi economy, is the latest in a string of energy giants to report bumper profits as t»»»
Chinese investments in Egypt exceed US$ 10 billion
Egyptian Prime Minister Mostafa Madbouly confirmed that Chinese investments in Egypt have surpassed US$ 10 billion, RT reported on Monday. During the third meeting of the Ministerial Committee for China Affairs, he explained that a large number of companies operating in various economic sectors rep»»»
Chinese investments in Egypt exceed $10bn amid push to deepen economic cooperation
Egyptian Prime Minister Mostafa Madbouly said on Monday that Chinese investments in Egypt exceeded $10bn, highlighting growing confidence among Chinese businesses in Egypt’s investment climate as the government reviewed new opportunities to deepen economic cooperation with Beijing. Madbouly made th»»»
Dh110m off-market Dubai villa nearly doubles Jumeirah Golf Estates’ previous record
Dubai: A six-bedroom villa has sold for Dh110 million in the highest residential transaction recorded at Jumeirah Golf Estates, nearly doubling the community’s previous benchmark for a completed home. Sign up for our daily business newsletter, Cheques & Balances.The private transaction, completed b»»»
ASE profits surge 14.3% in H1 2026 — CEO
AMMAN — Listed companies on Amman Stock Exchange (ASE) on Sunday reported a "strong" financial performance for the first half of 2026, driven by broad-based sector expansion, surging trading volumes and robust foreign investment.Net profits attributable to shareholders for listed companies rose by »»»
Eissa reviews Metallurgical Industries Holding’s development projects, IPO preparations Arab Finance For Information Technology
Arab Finance: Deputy Prime Minister for Economic Affairs Hussein Eissa held an expanded meeting to follow up on the performance of the Metallurgical Industries Holding Company (MIH) and its subsidiaries, according to a statement. The meeting reviewed the ongoing development projects, modernization »»»
N. Korean economy grows over 3 pct for 3rd consecutive year in 2025: BOK - UPI.com
The North Korean economy grew more than 3 percent in 2025, South Korea's central bank said Friday. In this June 2025 photo, North Korean leader Kim Jong Un attends an opening ceremony for a tourist zone in Wonsan. File Photo by KCNA/EPA The North Korean economy grew more than 3 percent for the thir»»»
ADNOC changes pricing method for Abu Dhabi crude from November
Abu Dhabi: ADNOC today announced an update to the Official Selling Price (OSP) methodology for its Abu Dhabi crude grades, following a regular commercial review. Effective 1 November 2026, ADNOC will transition from the current ICE Futures Abu Dhabi-based pricing methodology, which uses the Murban »»»
First English translation of Ibn Battuta’s epic travelogue goes on show in Riyadh
RIYADH: The King Abdulaziz Public Library in Riyadh has unveiled a rare 1829 copy of the first printed English translation of Moroccan explorer Ibn Battuta’s travels. The 294-page work by British Orientalist Samuel Lee from an abridged manuscript at Cambridge University features extensive historica»»»
Biggest Crisis Since 2021: What's Going on in Spain's Ceuta and Why Migration Pressure is Rising
Spain’s North African enclave of Ceuta has been overwhelmed by an unprecedented wave of migration from Morocco, turning a long-running border problem into a major security, humanitarian and political crisis. Around 49,000 people crossed into Ceuta by land and sea in a single day, according to the l»»»
People allowed back home in southwestern France as fire weakens
BORDEAUX, France: Thousands of people evacuated in southwestern France due to a major wildfire were gradually allowed back home on Friday after authorities said the fire, which has burned for more than a week, was contained. French authorities have ended the evacuation of 12 districts in the west a»»»
Pakistan rescuers find 4 bodies as search for remaining 6 climbers continues on Broad Peak
Rescuers searching for 10 climbers missing after an avalanche on Pakistan's Broad Peak located four bodies Friday and were continuing to search for the other six despite adverse weather that hampered helicopter flights, officials said. Efforts were underway to retrieve the bodies of the four climbe»»»
Pakistan rescuers find 4 bodies as search for 10 missing climbers continues on Broad Peak
Rescuers searching for 10 climbers missing after an avalanche on Pakistan's Broad Peak located four bodies Friday and were continuing to search for the other six despite adverse weather that hampered helicopter flights, officials said. Efforts were underway to retrieve the bodies of the four climbe»»»
Media Review: July 31
LABOUR MARKET SHIFT According to a signed commentary in Capital.bg (“The Labour Market Is Beginning to Turn”), after several years of exceptionally strong demand for workers, Bulgaria's labour market is beginning to show signs of cooling. So far, these changes have translated into fewer job adverti»»»
Legendary Italian football defender Franco Baresi has died: AC Milan
Rome: Italian defender Franco Baresi, the captain of AC Milan in the 1980s and 1990s when they won three European Cups and six Italian league titles, has died at the age of 66, the club announced on Friday. "Milan is in tears following the passing of Franco Baresi. His example and integrity will be»»»
Russian and Ukrainian children to be reunited with families – Moscow
Five children from Russia and Ukraine are about to be reunited with their loved ones under an international humanitarian initiative, Russian Children’s Rights Commissioner Maria Lvova-Belova reported. According to Moscow, the process is being coordinated by US First Lady Melania Trump and the Inter»»»
Slovak InoBat seeks Nasdaq listing through SPAC merger
Slovak battery technology company has announced a definitive business combination agreement (BCA) with special purpose acquisition company (SPAC) Cartesian Growth Corporation II (Cartesian II) aiming at US Nasdaq listing. The BCA values InoBat at $1.265bn (€1.1bn) on a pre-money, pre-merger basis, »»»
Saudi Arabia, Italy call for maritime security in Hormuz, Red Sea, condemn West Bank settler violence
ROME: Saudi Arabia and Italy on Wednesday called for the protection of commercial shipping through the Strait of Hormuz, Bab Al-Mandab and the Red Sea following a series of attacks and threats against vessels in waterways vital to global trade and energy supplies. In a joint declaration following t»»»
Ukraine's credit boom broadens as war reshapes lending
Ukrainian banks are in the middle of their longest lending expansion in 15 years, according to the National Bank of Ukraine (NBU), with state-owned PrivatBank leading a corporate-credit surge, businesses of every size turning to bank financing even as households retreat from long-term deposits, and»»»
Chinese memory-chip maker CXMT delivers blockbuster IPO
China’s largest memory-chip maker, ChangXin Memory Technologies (CXMT), has become the mainland’s most valuable listed company after its shares jumped more than five fold on their market debut. The company raised 57.9 billion yuan ($8.6 billion) in Asia’s biggest IPO of the year on Monday. Its shar»»»
Angola raises $321mn through IPO of mobile operator Unitel
Angola raised AOA300.3bn ($321mn) from the sale of a 15% stake in state-owned mobile operator Unitel, completing the country’s largest initial public offering to date. The government sold 7.5mn shares at AOA40,040 each, the top of the offer’s indicative price range, according to the Angola Debt and»»»
Israeli forces arrest 25 Palestinians across West Bank amid escalating raids
LONDON: Israeli forces arrested at least 25 Palestinians across the occupied West Bank on Tuesday, Palestinian media reported. Eight people were detained in Nablus, seven in Tulkarem and its suburbs, three south of Hebron and one in Kafr Qaddum, according to the Palestinian WAFA news agency. In Ram»»»
BVB surpasses EUR 100 billion capitalisation as investor participation grows, but liquidity remains concentrated
The market capitalisation of the Bucharest Stock Exchange (BVB), including the Regulated Market and the Multilateral Trading System (MTS), exceeded EUR 100 billion (RON 537.7 billion) for the first time at the end of 2025, with growth continuing into 2026, according to the ninth edition of PwC Roma»»»