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Business

Section
Shell beats estimates with $5.58 billion Q1 profit despite 28% drop
Shell profit beats expectations, buybacks kept steady

LONDON, U.K.: Shell reported a better-than-expected first-quarter profit of US$5.58 billion on May 2, down 28 percent from a year earlier...

Thailand cuts 2025 tourist forecast to 36.5 million
Thailand says it expects 36.5 million foreign tourists this year

BANGKOK, Thailand: Thailand's finance ministry has revised its projection for foreign tourist arrivals this year, lowering the estimate...

U.S. stocks in retreat, Nasdaq Composite slides 155 points
U.S. stocks close sharply lower, Dow Jones drops 390 points

NEW YORK, New York - U.S. stock markets retreated on Tuesday, with major indices posting losses amid renewed economic concerns, while...

US pending home sales jump sharply in March as mortgage rates fall
US pending home sales post biggest gain in more than a year

WASHINGTON, D.C.: More people signed contracts to buy previously owned homes in the U.S. in March than in any month in over a year,...

Chinese homeowners slash prices amid resale glut
China's April resale home prices fall as more properties put on sale

BEIJING, China: Homeowners in China are slashing prices to attract buyers as a growing number of resale properties flood the market....

Toyota partners with Waymo to advance self-driving car tech
Toyota, Waymo explore collaboration to speed up self-driving tech

TOKYO, Japan: Toyota is taking a fresh step toward autonomous driving by teaming up with Waymo to co-develop new vehicle platforms...

Middle East

Section
Netanyahu welcomes Ecuador's President Daniel Noboa
Israeli PM meets with Ecuadorian president on eve of Gaza escalation

JERUSALEM - Despite a looming escalation of the war in Garza with tens of thousands of reservists being called up for a major ground...

Germany cements longtime military ties with Israel
 German Air Force Chief Makes Farewell Visit to Israel

TEL AVIV, Israel -  Lieutenant General Ingo Gerhartz, Chief of the German Air Force, visited Israel this week in his final official...

Forced disappearances continue to haunt Syrian families
Syrian doctor's plea for people of Syria

I will never forget that fateful moment when I was just 11 years old, walking back home from school with my friend. Unfortunately,...

Egypt's President reaffirms ongoing ceasefire efforts in Gaza, Egypt's rejection of displacement
Egypt's President reaffirms ongoing ceasefire efforts in Gaza, Egypt's rejection of displacement

ATHENS, 7th May 2025 (WAM) -- President Abdel Fattah El-Sisi of Egypt reaffirmed Egypt's continued intensive efforts to secure an immediate...

Oman advances 5 ranks in Government AI Readiness Index 2024
Oman advances 5 ranks in Government AI Readiness Index 2024

MUSCAT, 7th May 2025 (WAM) -- The Sultanate of Oman is spearheading a package of executive programmes centreed on AI-recognised as...

UAE hailed as role model for Africa's integrated development: Tunisia Africa Business Council
UAE hailed as role model for Africa's integrated development: Tunisia Africa Business Council

TUNIS, 7th May, 2025 (WAM) -- Nadia Yaich, Secretary-General of the Tunisia Africa Business Council, said that the UAE plays a pioneering...