Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
Oil prices jumped and Asian shares were mostly lower Monday after the U.S. carried out airstrikes and Iran retaliated. The price of Brent crude, the international standard, gained 3.6% to $78.76 per barrel, while U.S. benchmark crude added 3.5% to $73.97 per barrel. Prices for both types of crude o»»»
Qatar, Iran, Oman discuss full opening of 'median lane' in Strait of Hormuz
Qatari officials are participating in talks between Iran and Oman in Muscat over the strait of Hormuz, a diplomat with knowledge told U.S. news portal Axios on Saturday. A regional source told Axios that the parties are discussing a potential statement on full opening of the "median lane" in the st»»»
US and Iran vie for Strait of Hormuz, waterway key to global energy supplies
The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East, further threatening any diplomacy to end the war. The attacks, sparked by Iran striking a container ship Sunday in the strait off the coast of Oma»»»
Syrian Petroleum chief touts investment opportunities at Syrian-American Forum
Damascus, July 13 (SANA) Syrian Petroleum Company CEO Youssef Qablawi said on Monday that Syria’s oil and gas sector offers significant investment opportunities and is ready to expand cooperation with international energy companies, as the country seeks to attract foreign investment and support rec»»»
Self-driving vehicles in Abu Dhabi get special 'Auto Drive' and 'Test' plates
Abu Dhabi has introduced the emirate's first dedicated licence plates for autonomous vehicles, marking another step in its drive to expand smart mobility and regulate the deployment of self-driving technology. The new licensing system was introduced by the Integrated Transport Centre (Abu Dhabi Mob»»»
Economy minister tells Syrian-American Forum new chapter opening in U.S. economic ties
Damascus, July 13 (SANA) Syrian Economy and Industry Minister Nidal al-Shaar said on Monday that Syria was opening “a new chapter” in its economic relationship with the United States, following recent U.S. decisions that would help revive trade, investment and financial cooperation. Speaking at the»»»
Gulf Egypt unveils EGP 20B integrated hospitality destination in Sharm El Sheikh Arab Finance For Information Technology
Arab Finance: Gulf Egypt for Hotels and Tourism, a subsidiary of United Real Estate Company, has launched a landmark integrated lifestyle hospitality destination in Sharm El Sheikh, with planned investments exceeding EGP 20 billion, according to a press release. The project marks a new model of col»»»
Parking at Dubai Harbour just got easier: Pay through your Salik account
Dubai: Motorists using Dubai Harbour's newest multi-storey car park can now pay for parking automatically through their Salik accounts, removing the need for cash, cards, or parking machines. Sign up for our daily business newsletter, Cheques & Balances.Dubai's toll operator announced on Monday tha»»»
Naguib Sawiris denies plans for stadium and events area at Pyramids plateau
Businessman Naguib Sawiris Businessman Naguib Sawiris on Sunday denied media reports about the construction of a sports stadium and events area on the Giza Pyramids plateau. Sawiris said via his official X platform account that these statements were not made by him or any of his company’s represent»»»
World leaders salute Father Amir, architect of Qatar’s renaissance
Doha, Qatar: The passing of Father Amir H H Sheikh Hamad bin Khalifa Al-Thani prompted an outpouring of condolences and tributes from heads of state, royal families, and senior leaders across the world, who praised his enduring legacy and extended heartfelt sympathy to the leadership, people, and g»»»
Ukrainian drone strikes kill at least 3, wound 5 in Moscow region
Drone attacks killed at least three people and injured five others in the Moscow region, governor Andrey Vorobyov said on Telegram Monday. Ukraine has been intensifying its strikes on Russia's energy targets in response to Moscow's barrages. Drone attacks killed three people and wounded five in the»»»
Top UN official accuses Hamas of Gaza aid obstruction
JERUSALEM: A senior UN official on Monday accused Hamas of interfering with humanitarian deliveries in Gaza and intimidating aid workers, warning that the group’s actions were making relief operations increasingly dangerous. Palestinian Islamist movement Hamas continues to control parts of Gaza, ev»»»
Saudi housing ministry signs $1.22bn in H1 contracts, offers 13k opportunities
RIYADH: Saudi Arabia’s Ministry of Municipalities and Housing announced the offering of over 13,000 investment opportunities through the “Fursah” portal for investment in Saudi cities during the first half of 2026. The total value of contracts signed through the portal exceeded SR4.6 billion ($1.22»»»
Philippine peso weakens against UAE dirham as Dh1 reaches 16.78
Dubai: Filipinos sending money home from the UAE are getting the strongest exchange rate in a month after the peso weakened to 16.78 against the dirham on Monday morning. Sign up for our daily business newsletter, Cheques & Balances.One dirham bought 16.78 pesos at 9.51 am, placing the rate close t»»»
Real estate trading tops QR565m last week
Doha, Qatar: The value of real estate traded through sale contracts registered with the Real Estate Registration Department at the Ministry of Justice totaled QR 482,772,733 during the period from June 28 to July 2. The total value of sale contracts listed in the real estate bulletin for residentia»»»
Ukraine war fatigue laid bare by anti-conscription riot in Lviv
Tensions are approaching boiling point in Ukraine after citizens rioted in a protest against Ukrainian President Volodymyr Zelenskiy’s compulsory conscription programme in the western city of Lviv on July 9. An anti-mobilisation demonstration turned violent after a large crowd of people attacked re»»»
Central Asia battles to stop fuel squeeze turning into supply shock
Central Asia is battling to prevent a fuel squeeze caused by sustained Ukrainian attacks on Russian refineries from becoming a regional supply shock. The situation worsened on July 8 as Russia, facing domestic fuel shortages and price spikes in some regions, banned exports of diesel until the end o»»»
England, Argentina to renew bitter rivalry in semi-final
Los Angeles: England and Argentina will meet on Wednesday in a blockbuster World Cup semi-final infused with decades of bitter rivalry after they battled past Norway and Switzerland respectively in the quarter-finals. The South Americans and their talisman Lionel Messi must defeat England in Atlant»»»
Norway coach says ball hit camera cable for crucial England goal
Miami: Norway coach Stale Solbakken said Saturday he was convinced the ball struck an overhead camera cable before England scored a crucial equaliser in their World Cup quarter-final victory. While FIFA swiftly issued a statement after Norway’s 2-1 defeat in Miami to say that a chip sensor embedded»»»
On This Day, July 13: Live Aid concerts raise $125M for famine relief - UPI.com
On July 13, 1985, musicians and celebrities gathered at arenas in London and Philadelphia to hold a 16-hour Live Aid concert, raising more than $125 million in famine relief for Africa. 1 of 5 | Singer Bob Geldof, pictured in 2005 at the Live 8 Concert in Hyde Park in London, organized the benefit »»»
First Syrian-American Business Forum opens in Damascus to boost economic cooperation
Damascus, July 13 (SANA) The first Annual Syrian-American Business Forum opened in Damascus on Monday, bringing together government officials, business leaders and investors from Syria and the United States to explore opportunities to expand bilateral economic cooperation and attract investment. Th»»»
Saudi Arabia’s Royal Commission for Makkah draws 17.5 million visitors to historical sites
RIYADH: The Royal Commission for Makkah City and Holy Sites is implementing an integrated strategy to conserve historical and enrichment sites and transform them into sustainable cultural destinations, enhancing Makkah's position as a city of ancient heritage in line with Saudi Vision 2030. The com»»»
Who is Anna Menon? The astronaut married to NASA’s Anil Menon with a remarkable SpaceX journey
Before Dr Anil Menon prepares to make his first journey beyond Earth, his family already has a place in space history, thanks to his wife Anna Menon. The SpaceX engineer and astronaut became one of the few women to complete a commercial spacewalk when she flew aboard the historic Polaris Dawn missi»»»
‘Father Amir’s contributions will continue to shape nation’s journey and progress’
Doha: Qatar’s senior leadership paid heartfelt tributes following the passing of Father Amir H H Sheikh Hamad bin Khalifa Al Thani, remembering him as the architect of the nation’s modern renaissance whose vision, leadership and lasting achievements transformed the State of Qatar and strengthened i»»»
Audit Office Refers Four Conflict-of-Interest Cases for Asset Checks
The Bulgarian National Audit Office (BNAO) is referring four cases involving established conflicts of interest to the Anti-Corruption Commission and the Unlawfully Acquired Assets Forfeiture Commission (UAAFC) for further checks, the BNAO press office said on Monday. The cases concern Andriyana Tat»»»