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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.

New standardization, metrology legislation to drive UAE’s industrial sector: Sultan Al Jaber

New UAE standardization and metrology legislation will boost its industrial sector and national economy The standardization regulations will create an...

Saudi Arabia among top 10 in terms of mobile Internet speeds

Recent reallocation of frequency spectrum likely to increase the capacities of radio networks, improve quality of services Country plans to...

Walls, floor, ceiling can store power to light up your home and office

Concrete can possibly be a source of energy, says researchers Cement has potential to produce enough power to meet energy...

New distribution company to help Sharjah publishers reach global markets

New publishing company under the Emirates Publishers Association being set up The company will operate from the EPA headquarters near...

GDPR: Europe entering a new era of data protection

For weeks now, inboxes have been flooded with bizarre ensemble of companies and organizations reminding people of personal data and...

UAE ranks 1st regionally in UNDP Human Development Report

The UAE has ranked 26th globally and first in the Arab world in the 2021/2022 Human Development Report, which is...

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Saudi economy likely to grow nearly five percent this year

Saudi economy is expected to grow 4.8 percent in 2021 from 2.2 percent last year, according to the estimates of...

UAE among world’s fastest countries in deploying 5G

The latest technology is likely to accelerate the deployment of tech solutions that enable establishment of smart cities, including smart...

Turkey battles forest fires for fourth day

The wildfires broke out on Wednesday across southern provinces, injuring more than 300

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CEOs of listed Saudi firms resign in unusual numbers

At least 26 CEOs have resigned from the listed companies of Saudi Arabia in just last six months as the...

WHO urges action to suppress Covid before deadlier variants emerge

The highly-transmissible variant, first detected in India, has now surfaced in 132 territories and is partly to blame for an...

Muammar Gaddafi’s son suggests he may run for president in Libya

He spoke in a rare interview, given to the New York Times at an opulent two-storey villa inside a gated...