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Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.
  • Has Apple traded magic for profit?

    The company under Cook has delighted Wall Street: the Apple brand was worth about $350 billion ten years ago and...

    The company under Cook has delighted Wall Street: the Apple brand was worth about $350 billion ten years ago -- and is worth $2.358 trillion today

    The Californian behemoth has impacted hundreds of millions of lives since its 1976 founding in a garage

  • EU aims to cement cooperation with Gulf states, says bloc’s foreign policy chief

    DUBAI: The EU aims to cooperate with the Gulf states on climate change, global access to vaccines and supporting the...

    Josep Borrell is on a visit to Riyadh, UAE and Qatar.

    A cooperation agreement will be signed with Saudi Foreign Minister Prince Faisal bin Farhan.

  • Sharjah International Book Fair begins on Nov 3

    Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the...

    Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the world.

    Authors, publishers, creatives, and intellectuals from around the world will take part in the fair's activities over the 11-day period

  • Sharjah, Guatemala explore ways to boost trade, cultural ties

    Sharjah and Guatemala have held discussions on enhancing trade exchange relations and joint investment opportunities in vital sectors like tourism,...

    Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, hosted a high-level Guatemalan delegation

    Malouf, who is also the head of the Guatemalan delegation at the ongoing Expo 2020 Dubai, was accompanied by Lars Pira, Guatemala's Ambassador to the UAE

  • India UAE

    UAE and India resolve to strengthen ‘deep economic ties between the two countries’

    The United Arab Emirates and India have resolved to strengthen ‘the deep economic ties between the two countries,’ while noting...

    Both sides recognized the collaboration between India and UAE during this difficult period and appreciated the leadership provided by the two countries

    At the meeting, discussions were also held on exploring mutually beneficial methods and incentives to facilitate further investment from UAE sovereign investment entities

  • Iran bans LG and Samsung home appliances

    The import of home appliances made by these two South Korean companies is now banned by Iran, following an apparent...

    Iran’s Supreme Leader Ayatollah Khamenei ordered the ban in response to a call by local producers

    Their request followed Khamenei’s insistence in recent years to ramp up local production of goods and banning the import of similar products

  • Expo 2020 opens doors of hope for humanity

    With the stunning opening of Expo 2020, the UAE has proved that it can explore the future that would open...

    The opening ceremony of the Expo 2020 Dubai, which represented a harmonious and impressive mixture, brought together the whole world with its various spectrums

    The event started a new era of excellence and achievement for our dear country in light of the Year of the 50th amid unprecedented domestic, Arab and international media attention

  • Abu Dhabi lets judges work from anywhere

    The move is expected to reduce the litigation time and costs and increase the rate of disposition of cases in...

    Abu Dhabi is now allowing judges to hear cases and render judgments from anywhere, irrespective of the geographical location of registered cases

    Judges of courts in Abu Dhabi, Al Ain, and Al Dhafra are now allowed to use video-conference to hear the cases before them

  • OPEC’s crude oil reserves up 0.3% to 1,237 bn barrels in 2020

    World’s proven crude oil reserves stood at 1,549 billion barrels in 2020, increasing by 0.2 percent from the level of...

    World’s proven natural gas reserves fell by 0.4 percent to 206.7 trillion standard cu m in 2020

    OPEC natural gas reserves stood at 73.74 tr standard cu m in 2020, down 1.4 percent from 2019

  • E-Sports a billion-dollar industry in GCC

    The Middle East has 25% of the worldwide gaming audience, followed by Latin America 13.9%, the Asia Pacific 9.2%, Western...

    The Middle East has 25% of the worldwide gaming audience, followed by Latin America 13.9%, the Asia Pacific 9.2%, Western Europe 4.8%, and North America 4%

    The value of gaming in the MENA is estimated to be US$4.5 billion with over 100 million gamers in the region

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