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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Exclusive: ‘Cheerleaders’ hired to clap during FIFA Cup

Young Arab boys and girls from countries such as Lebanon are being flown to Qatar and paid $800 to cheer...

On-campus workers must be vaccinated, say Google, Facebook

Spikes in infections due to a Delta variant of the virus have ramped up concerns in the United States, where...

Emirates NBD’s first half profit rises 17% to Dh4.8 billion

Total income of the Dubai’s largest bank has jumped 9 percent over the preceding half year due to a marked...

Rich-poor gap widening due to unequal vaccine access: IMF

Advanced nations have vaccinated nearly 40 percent of the population, compared to barely 11 percent in emerging markets and a...

Palestinian killed by Israeli forces in West Bank: Palestinian authorities

Shadi Omar Lotfi Salim, 41, was shot dead near the flashpoint Palestinian village of Beita, the Palestinian health ministry said

Egypt’s economy to grow 5.2 percent in current fiscal: IMF

Egypt’s economy is expected to grow 5.2 percent during the current fiscal, compared to a projected growth rate of 2.8%...

Automotive plastic sales to cross $9.5bn this year

Increasing demand for commercial and passenger vehicles and flourishing automotive export industry are primary factors propelling the market growth, according...

US condemns Houthi missile attack on Saudi Arabia

The US has issued a swift condemnation of the latest Houthi attack on Saudi Arabia with a ballistic missile and...

Tesla quarterly profits top $1 billion for first time

Record deliveries of electric cars during the period allowed Elon Musk's company to garner earnings of $1.1 billion in the...

Biden meets Kadhemi, calls for end to Iraq combat operations

With the Iraqi PM at his side, US president said that his country is "committed to our security cooperation" and...

Two-thirds of UAE workers loyal to their employers: Survey

Basic salary, additional benefits offered by the company and senior leadership are the top three factors perceived to impact employee...

Beirut blast victims’ relatives rally for probe judge

Families of victims killed in the 2020 Beirut blast rallied to support the judge probing the disaster, after he was...

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UAE to punish extortion demands on web with prison sentence of up to two years

Anyone guilty of making a threat to another person on the web will get a prison sentence of up to...

Money laundering rose during Covid-19 pandemic, says UAE Central Bank

The Central Bank of the United Arab Emirates has disclosed that there has been an increase in the laundering of...

Saudi gang gets 20 years in prison for laundering $4.5bn

A Saudi court sentenced twenty four Saudis and foreigners to up to 20 years in prison for laundering nearly $4.50...

Most Read

Police rescues Egyptian boy from kidnappers

The Egyptian boy snatched from his mother by two masked men while buying grocery has been reunited with parents, after...
  • Video footage captured the terrifying moment two men snatched an eight-year-old boy from his mother’s side on an Egyptian street and bundled into a car
  • his desperate mother falling to the floor as she tried to stop her son’s captors from escaping

16,000 held in five days for violating Saudi laws

In a wide crackdown against offenders violating various laws of the kingdom, Saudi Arabia has arrested 16,000 people for contravening...
  • The authorities transferred 58,317 offenders to their respective diplomatic missions to obtain travel documents
  • The Ministry of Interior said that whoever facilitates the entry of violators to the Kingdom, transports them or provides shelter or any other form of support will face imprisonmen

Drugs seized at Dammam airport

Alert officials of the Zakat, Tax and Customs Authority at King Fahd International Airport in Dammam have seized more than...
  • The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into Saudi Arabia
  • The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into the Kingdom