International
The Thursday Times brings the globe into focus, delivering clear, comprehensive reporting on pivotal events shaping nations and communities. With The Thursday Times‘ on-the-ground insights and expert analysis, we connect readers to the stories that matter across borders, helping make sense of our fast-changing world.
Hamas agrees to Trump peace plan with conditions
Hamas has announced conditional agreement to President Trump’s Middle East peace proposal, pledging prisoner exchanges, humanitarian access and a transfer of Gaza administration to an independent Palestinian body.
حماس نے ٹرمپ امن منصوبے کی مشروط منظوری دیدی
حماس نے صدر ٹرمپ کی امن تجویز پر مشروط رضامندی ظاہر کرتے ہوئے کہا ہے کہ وہ قیدیوں کے تبادلے اور غزہ کی انتظامیہ ایک آزاد فلسطینی ادارے کو منتقل کرنے پر تیار ہے، تاہم اس نے واضح کیا ہے کہ غزہ کے مستقبل اور فلسطینی عوام کے حقوق کا تعین قومی اتفاق رائے اور بین الاقوامی قوانین کے مطابق ہونا چاہیے۔
Alpha Dhabi’s strategic investments drive $2.04bn Q3 profit surge
Alpha Dhabi reports a record-breaking 83% profit surge in Q3 2024, driven by industrial and real estate investments; strategic acquisitions since 2022 fuel ongoing growth.
Google invests $15mn to transform AI education in Dubai
Dubai partners with Google on its largest regional AI initiative, set to empower 500,000 individuals with essential AI skills; Ruth Porat underscores Google's mission to drive MENA’s digital transformation.
PIF inks major MoUs with State Street, Brookfield, Mizuho, FII to boost Saudi asset management
Saudi Arabia’s Public Investment Fund has signed MoUs with the Future Investment Initiative and global financial firms State Street, Brookfield, and Mizuho in order to collaborate on elevating the Kingdom's wealth fund asset management portfolio.
Google slapped with staggering $2.5 decillion Russian fine, dwarfing global GDP
Russia's $2.5 decillion fine against Google exposes a growing digital sovereignty battle, sparking legal and financial tensions that test multinational resilience. Alphabet's stock, surprisingly buoyant, underscores Google's confidence amidst compounding penalties.
Dubai plans record-breaking budget with major surplus for infrastructure and services
Dubai has set a record budget with expenditures of 272 billion dirhams and 302 billion in revenue, marking a first-time surplus of 21%. Nearly half of the budget has been allocated to infrastructure projects in critical development areas.
Saudi wealth fund backs Brookfield’s $2bn push into Middle East
Saudi Arabia’s PIF partners with Brookfield on a $2 billion fund, sparking fresh investments and innovation across the kingdom, with Brookfield expanding its Riyadh footprint to boost local growth.
Saudi Aramco picks Lahore for its first branded petrol station launch in Pakistan
Saudi oil giant Aramco has launched its first branded petrol station in Pakistan's Lahore, delivering premium fuel and services to Pakistan, and sparking a fresh chapter in the country’s fuel industry, boosting Saudi investment ties.
Islamic Development Bank floats €500mn sukuk in dual Dublin and Dubai listings
The Islamic Development Bank’s €500 million sukuk, priced at mid-swaps +50 bps, finds strong demand and listings on Euronext Dublin and Nasdaq Dubai, advancing its Trust Certificate Issuance Programme.
Abu Dhabi’s CYVN moves to acquire McLaren Automotive, steer focus to EVs
Abu Dhabi’s CYVN Holdings plans to take over McLaren’s automotive division, bringing fresh capital and expertise to expand McLaren’s electric vehicle technology. This move by CYVN could redefine the luxury carmaker’s future in EVs.
UAE poised to revive AED84bn F-35 deal with US if Trump clinches return
The UAE may look to revive a $23bn F-35 and drone deal with US if Donald Trump wins the 2024 U.S. Presidential race, as negotations with Biden continue to stall. Strategic Gulf relations are already beginning to shift amidst wider security ambitions.
Saudi sovereign wealth fund pivots focus back home to fuel Vision 2030
Saudi Arabia’s PIF refocuses its strategy, pivoting from global assets to domestically driven projects in line with Vision 2030. The fund’s recalibration aligns with the kingdom’s economic diversification goals amid global fiscal shifts.
شہباز شریف کا پاکستان کی ترقی، نوجوانوں کی خود مختاری اور سعودی عرب کے ساتھ شراکت داری کا عزم
پاکستان میں معاشی استحکام سعودی عرب و دیگر دوست ممالک کے تعاون سے ممکن ہوا، نوجوان نسل قیمتی اثاثہ ہے، پاکستان میں غیر ملکی سرمایہ کاروں کا خیر مقدم کریں گے، غزہ میں قتل و غارت روکنا ہو گی، اس کے بغیر دنیا میں امن اور خوشحالی ممکن نہیں۔
