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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.
  • Ladun to list on Nomu

    The Saudi firm's IPO was priced at $4.8 per share.

    The company’s initial public offering was priced at SR18 ($4.8) per share, with 20.97 times oversubscription

    The Riyadh-based firm sold 5 million shares, representing 10 percent of its capital

  • Jordanian army seizes big haul of drugs on border with Syria

    Jordan has foiled an attempt to smuggle drugs into the kingdom from its border with Syria, seizing 900,000 Captagon pills...

    Jordanian army has ramped up operations against drug smuggling from Syria which, it said, has been increasing dramatically

    Director of JAF Military Media Department Col. Mustafa Hiyari recently accused Iran and Syria of sponsoring drug dealers operating in Syria

  • Google pays $118m in settlement to underpaid female workers

    Google said on Sunday that it was "very pleased" to be settling, without admission of wrongdoing, a class-action lawsuit that...

    The company also agreed for a third party to analyze its hiring and compensation practices as part of the settlement

    Google previously agreed in 2021 to pay $3.8 million to the US Department of Labor over accusations it had discriminated against women and Asians

  • TotalEnergies warns consumers to ‘turn down heating’ to ease crisis

    TotalEnergies chief Patrick Pouyanne hailed a deal to expand production in the world's biggest natural gas field in Qatar but...

    The deal for a 6.25-percent stake in the North Field East project was announced Sunday barely two months after TotalEnergies said it would pump no more money into Russia

    According to the chief of Totalenergies, the new natural gas complex is part of a "success story" with Qatar which will be ready at the end of 2025 or early 2026

  • Islamic crypto gains currency in Muslim world

    ISLAMICOIN, which adheres to strict Sharia audit, is one of the most popular digital currencies in the Islamic world, says...

    ISLAMICOIN follows recommendations issued by the Office of Crypto Halal for the supervision and Shari’a audit of the work of cryptocurrency markets

    Crypto Halal will keep checking ISLAMICOIN project every three months for compliance

  • Qatari, Swiss firms discuss investment prospects in medical tourism

    The two countries will celebrate 50 years of diplomatic relations in 2023, which includes organizing events like car exhibitions, and...

    Ambassador of Switzerland to Qatar, Edgar Dorig, said there are various opportunities to enhance Qatari-Swiss cooperation in multiple sectors.

    He noted that the volume of trade between the two countries rose to more than QR 5 billion in 2021, witnessing an increase compared to 2020.

  • Qatar Economic Forum highlights country’s role

    The forum reflects the strategic position of Qatar as an influential economic player and as a bridge for communication and...

    Qatar Economic Forum reflects the country's status as an influential economic player

    The forum reflects Qatar's keenness to enhance international cooperation to achieve a just economic recovery

  • A ballet with machines: Is Artificial Intelligence the future of art?

    To many they are art's next big thing -- digital images of jellyfish pulsing and blurring in a dark pink...

    The field has begun to attract huge interest among art collectors -- and even bigger price tags at auction.

    Artists in Germany and the United States blazed a trail in computer-generated art during the 1960s.

  • TotalEnergies takes $2bn share in Qatar’s giant gas expansion plan

    Qatar's Energy Minister Saad Sherida al-Kaabi called the joint venture "a marriage more than an engagement" as it will last...

    TotalEnergies will take a 6.25 percent share of the North Field East Project in its joint venture with QatarEnergy

    Exxon Mobil, Shell, ConocoPhilips are all in line to take part in giant expansion that Qatar originally wanted to finance alone

  • End of an era as Russia’s McDonald opens in new avatar

    The US fast-food giant announced on May 16 that it would exit Russia in the wake of its Ukraine offensive.

    The restaurant, on the spot where the very first McDonald's opened its doors to long queues and great fanfare in January 1990, is among the first 15 to welcome customers.

    McDonald's Russian restaurants had accounted for around nine percent of the US group's turnover.