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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.

Middle East children are at grave risk in cyberworld

Across the region, parents struggle to shield children from unsavory elements prowling the cyber world, as risks grow with the...

Saudi Arabia, UAE deny Pegasus spyware allegations

Saudi Arabia and the United Arab Emirates have dismissed allegations they used Israeli-supplied Pegasus malware to spy on journalists and...

Aramco confirms data breach that entails $50m ‘ransom’ demand

Aramco has acknowledged that it had seen a data breach that has a potential $50-million “ransom” demand attached to it.

Lebanon families ‘spend 5 times minimum wage’ on food

The Mediterranean country is battling what the World Bank has described as one of the planet's worst financial crises since...

Smart cards and robots: Saudi Arabia’s ‘digital hajj’

The digital system also allows the authorities to guide the tens of thousands who attend the annual event, which in...

Netflix turning to games as streaming growth slows

Analysts said the Netflix move is not aimed at disrupting the expanding gaming market but keeping its own viewers interested...

Saudi Arabia gets tougher on shadow economy

Following the introduction of an anti-concealment law early this year, Saudi Arabia has stepped up its efforts to crack down...

Turkey faces uproar by seeking shift on Cyprus

On a trip to the north of divided Nicosia on Tuesday, Turkish President Recep Tayyip Erdogan said there should be...

Powering Iraqi homes one switch at a time

Iran decided last month to cut power supplies to Iraq, saying the it owes it more than $6 billion in...

What’s in store for UAE as OPEC+ decides to increase oil output?

The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity,...

UAE, Saudi leaders meet after rift over oil policy

Two key leaders of Saudi Arabia and the United Arab Emirates met in Riyadh on Monday, emphasizing the ties between...

Middle East children are at grave risk in cyberworld

Across the region, parents struggle to shield children from unsavory elements prowling the cyber world, as risks grow with the...

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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...

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...

GCC seeks to tap green hydrogen demand

The GCC countries see hydrogen as a key factor in fuel transition and have drawn up plans to export green...

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Saudi British Bank posts $245m net profit in Q2, year after big losses

A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable...

Arab economies to grow by 2.9% in 2021, 3.6% in 2022: Report

Uneven recovery is expected as eleven Arab countries will likely recover by the end of 2022, while the recovery path...

‘Potential hijack’ of ship off UAE coast: UK maritime security agency

The MarineTraffic website, which categorises the vessel as an asphalt and bitumen tanker, said it was travelling to Sohar, a...