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Verizon forecasts upbeat annual profit

Gulf Today

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February 01, 2026

Verizon forecast annual profit and free cash flow above market expectations on Friday, after aggressive promotions during peak holiday period fueled its highest quarterly wireless subscriber additions in six years.

Shares of the US wireless carrier jumped 9.2% after the company unveiled a new share buyback programme - its first in nearly six years - authorizing up to $25 billion in repurchases over the next three years.

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Gulf Today

Rwanda's CB hikes lending rate by 50 basis points

Rwanda’s central bank hiked its key lending rate by 50 basis points to 7.25 per cent after inflation rose beyond its target band.

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1 min

February 20, 2026

Gulf Today

Bangladesh PM vows price stability during Ramadan

Bangladesh's new Prime Minister Tarique Rahman has pledged to stabilise prices during the holy month of Ramadan, restore the rule of law and advance economic and infrastructure reforms following his party’s landslide victory in parliamentary elections.

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1 mins

February 20, 2026

Gulf Today

Rahul Gandhi to lead UDF election campaign

Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, the lower house of India’s Parliament, will lead the Congress-led United Democratic Front (UDF) campaign for the upcoming Kerala legislative assembly elections.

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1 min

February 20, 2026

Gulf Today

Gulf Today

GCAA, Abu Dhabi Aviation Group sign MoU

ABU DHABI: The General Civil Aviation Authority (GCAA) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Aviation Group to strengthen cooperation in implementing practical aircraft maintenance experience programmes under the Al Jeer Practical Maintenance Experience Programme.

time to read

1 min

February 20, 2026

Gulf Today

Gulf Today

Modi pitches India as global AI hub at summit

Indian Prime Minister Narendra Modi on Thursday pitched India as a central player in the global artificial intelligence ecosystem, saying the country aims to build technology at home while deploying it worldwide.

time to read

2 mins

February 20, 2026

Gulf Today

NAS Sports tourney opens with record 11,000 athletes

Sheikh Mansoor Bin Mohammed Bin Rashid Al Maktoum, President of the UAE Olympic Committee and Chairman of the Dubai Sports Council (DSC), has reiterated that Dubai is committed to the growth of the sports sector, investing in the development of sports infrastructure, enhancing the appeal of sports, and expanding its reach among all segments of society.

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1 mins

February 20, 2026

Gulf Today

Sharjah Police launch anti-begging campaign

The Sharjah Police, through the Security Media Department and in collaboration with the Anti-Begging Committee, initiated the campaign \"Begging is a Crime and Giving is a Responsibility.

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1 min

February 20, 2026

Gulf Today

Partnership to deliver computing solutions

EHC Investment L.L.C., Phoenix Technologies Ltd., and AAA Commercial Enterprises LLC have signed a binding Memorandum of Understanding to establish a joint venture (JV) focused on delivering next-generation sovereign cloud infrastructure, secure data platforms, and advanced Al computing solutions across the region.

time to read

1 min

February 20, 2026

Gulf Today

Gulf Today

UAE ranks third globally in growth of AI apps' usage

The UAE has secured the third place globally for its annual growth rates in adopting artificial intelligence applications.

time to read

2 mins

February 20, 2026

Gulf Today

Gulf Today

UAE pledges $1.2b to Gaza relief and reconstruction

Sheikh Abdullah Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, announced that the United Arab Emirates will provide $1.2 billion in support of Gaza through the Board of Peace.

time to read

3 mins

February 20, 2026

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