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Edge and Safran sign pact to develop next-generation smart weapons | The National

Abu Dhabi's Edge Group and France's Safran Electronics & Defence have signed a strategic agreement to explore the development, production and commercialisation of advanced air-to-ground weapons systems, as the UAE defence conglomerate expands its international partnerships and export ambitions.

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Is Lebanon included? Country hopeful for US-Iran ceasefire, despite doubts

Beirut, Lebanon – On Monday morning, people in Lebanon woke up to yet another ceasefire agreement. An agreement announced between the United States and Iran includes Lebanon – according to Iranian and Pakistani officials – but statements from Israeli officials cast doubt over whether the war that has been ravaging s…

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An intercepted oil tanker and a ‘Frankenwrap’: photos of the day – Monday

View image in fullscreenLondon, UKThe prime minister, Keir Starmer, appears on the ITV show This Morning to talk about the new social media ban for under-16sPhotograph: Ken McKay/ITV/ShutterstockShareView image in fullscreenDorset, UKA military vessel patrols around the detained oil tanker Smyrtos outside Portland h…

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Key Events This Week: First Warsh FOMC, Iran Deal Signing, Retail Sales And More

After 107 days and a seemingly endless number of false dawns, we finally have a deal between the US and Iran to end the war and open the Strait of Hormuz. It was announced on Sunday afternoon - Trump's birthday, shortly before futures opened for trading and ahead of today's Iran game in the World Cup - and the MoU w…

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Trump says ships starting to move out of Strait of Hormuz following Iran deal

WASHINGTON, June 15 (Yonhap) -- U.S. President Donald Trump said Monday ships waiting to transit the crucial Strait of Hormuz are starting to move out of the chokepoint, after he announced the previous day that the United States and Iran have reached a peace deal aimed at ending their monthslong war.

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US Futures, Global Stocks Surge, Oil Tumbles On Iran Deal

Global markets soared in a risk-on rally following the announcement of a US-Iran deal Sunday night. Stocks and bonds rallied while oil tumbled to a three-month low after the US and Iran said they have reached an interim agreement to reopen the Strait of Hormuz and halt the war. This will provide a 60-day window for …

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Shipping companies welcome Hormuz reopening, so long as safety is guaranteed | The National

Navigational safety and security will be central to the restoration of shipping activity along the Strait of Hormuz, shipping operators and experts said on Monday while welcoming the announcement from the US and Iran to reopen the waterway in the Arabian Gulf and end the three-month-old war.

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