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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.

Another Trump indictment looms as grand jury hears election case

Atlanta, United States - Prosecutors investigating Donald Trump's efforts to overturn the 2020 election in the US state of Georgia were...

Israel PM says FBI won’t quiz troops over journalist’s death

Outgoing Prime Minister Yair Lapid said Israeli soldiers "will not be interrogated" by the US' Federal Bureau of Investigation (FBI)...

Dubai-based Swvl to go public through $1.5bn SPAC deal

The company has signed a merger deal with Queen’s Gambit Growth Capital, the first special purpose acquisition company (SPAC) led...

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...

Another Trump indictment looms as grand jury hears election case

Atlanta, United States - Prosecutors investigating Donald Trump's efforts to overturn the 2020 election in the US state of Georgia were...

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Dubai Police carries out region’s largest drug bust

The Dubai Police have arrested a man they say had smuggled 500 kg of pure cocaine, which has a street...

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...

Most Read

Five cities poised to become GCC tech hubs

As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as...
  • The UAE has become a technological leader in hosting the world's largest event, Expo 2020 Dubai.
  • In February 2021, 24 global firms had signed agreements to open regional offices in Riyadh.

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