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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.

Seera, Kaden to launch hotels across Saudi Arabia

The result of the deal is a joint venture that will manage and set up hotels in various projects by...

Jassim Transport set for Boursa Kuwait listing

JTC is one step closer to being listed on Boursa Kuwait, the country’s stock market It said it was in...

Saudi suspends UAE flights due to virus variant

Saudi Arabia has suspended flights to three countries, including the neighbouring United Arab Emirates, to protect against a coronavirus variant,...

Work permits for Golden Residency holders

The Ministry of Human Resources and Emiratisation has announced the start of issuing work permits for Golden Residency holders. The...

ADSB wins $952-million UAE Navy contract

Abu Dhabi Ship Building (ADSB), a leader in the new build, repair, maintenance, refit and conversion of naval and commercial...

DP World acquires US-based logistics provider

DP World has announced the acquisition of 100 percent of syncreon for an enterprise value of US$1.2 billion. This transaction...

UAE, Austria to avoid double taxation

As part of its endeavours to strengthen cooperation frameworks in tax matters, protect taxpayers from double taxation, and avoid impeding...

DP World acquires US logistics firm sycreon for $1.2b

Deal expected to close in the second half of 2021  World says it continues to make progress on its capital...

Aramco awards East-West Pipeline compounds contract to special-purpose vehicle

Saudi Aramco has signed a deal for the construction of six residential compounds along the 1,200-km East-West pipeline The contract...

GE to develop Iraq’s power infrastructure, promote clean energy

GE will help Iraq develop power infrastructure It will also promote clean energy in the country General Electric (GE) will...

‘Most APEC members condemn war in Ukraine’

Asia-Pacific leaders added their voices to international pressure on Russia over its invasion of Ukraine, issuing a summit statement saying...

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Sterling rises with UK finance minister set to unveil spending plans

Jeremy Hunt was put in place on Friday after Prime Minister Liz Truss sacked Kwasi Kwarteng as she battles to...

Iranian jet fighter crashes, three killed, reports state TV

Jet fighter crashed in a residential area of the northwestern city of Tabriz.

Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai

Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....

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Emirates to provide extra baggage for Lebanon-bound customers

Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well...
  • Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents
  • The baggage allowance applies to both inbound and outbound travel from Beirut

UK moves UAE from red list to amber, eyes boost in travel sector

The UK government announced on Thursday that the UAE will be moved from the red to the amber list, as...
  • The UK government's announcement comes as the situation in the country has improved
  • The country remains committed to opening up international travel safely, says official

Etihad: Flight ban from India, Pakistan may stretch beyond Aug 7

Etihad extends suspension of passenger travel from India, Pakistan, Bangladesh, Sri Lanka from Aug 2 to Aug 7.
  • Etihad extends suspension of passenger travel from four South Asian countries from Aug 2 to Aug 7.
  • Emirates said on Friday it was reviewing plans to resume flights from India, Pakistan from Aug 8.