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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.

Turkey’s 5,000-year-old bread finds new life

Round and flat like a pancake, 12 centimeters (five inches) in diameter, the bread was discovered during excavations at Kulluoba,...

AI’s impact on jobs, technology’s touchy topic sparks unease

New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where...
  • AI agents, which are supposed to make decisions that are usually made by humans, have become the latest buzzword of the AI story
  • There is little doubt that some kind of upheaval of the workplace is underway, but its precise impact remains uncertain

Russia to hold talks with US in Riyadh Monday: Kremlin

Donald Trump spoke to both Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky this week and the US is also due...
  • "From the Russian side, they will be attended by Grigory Karasin, chairman of the Senate's committee on international affairs, and Sergei Beseda, advisor to the head of FSB.
  • Ushakov said he had confirmed this after talks with US National Security Advisor Mike Waltz. Both agreed to send "expert groups" for the talks, he added.

AI to become the new internet: Kamel Al-Tawil on MENA’s tech evolution

Historically, the region was a key player in commerce through the Silk Road, and today, it has the potential to...
  • Investments in scalable infrastructure, subsea networks, and neutral digital hubs are critical for advancing global connectivity.
  • The region is also positioning itself as a major AI hub, supported by investments in AI models and sustainable energy.

Ukraine to propose sky, sea truce at US talks in Saudi: official

The talks on Tuesday will be the first Ukraine-US meeting since a White House blow-up between Zelensky and US President...
  • In Jeddah, the port city close to Islam's holiest sites in Makkah and Madinah, dozens of Ukrainian and Saudi flags flew on a main roundabout near the airport and on thoroughfares.
  • US Middle East envoy Steve Witkoff said Washington wanted to use the talks "to get down a framework for a peace agreement and an initial ceasefire as well".

Arab leaders propose Gaza reconstruction under Palestinian Authority, reject Trump’s takeover plan

The prospect of the Palestinian Authority (PA) governing Gaza remains far from certain, however, with Israel having ruled out any...
  • Tuesday's Arab League summit in Cairo offered an alternative with the adoption of a "comprehensive Arab plan."
  • It announced the establishment of a trust fund to pay for the territory's reconstruction, and urged the international community to back it

West Bank eviction film ‘No Other Land’ wins best documentary Oscar

Jerusalem -- No Other Land, a documentary about Israeli settlement in the occupied West Bank, has won the best documentary award...
  • Shot in Masafer Yatta near the West Bank city of Hebron, the documentary follows a young Palestinian struggling with forced displacement.
  • After a long legal battle with Palestinian communities, an Israeli supreme court ruling in 2022 paved the way for the eviction of the area's more than 1,000 residents.

Israel blocks humanitarian aid to Gaza as ceasefire’s first phase ends, sparking global outrage

Truce mediators Egypt and Qatar accused Israel of blatantly violating the ceasefire deal by halting the aid, a move left trucks...
  • Early on Sunday Israel had announced a truce extension until mid-April that it said United States Middle East envoy Steve Witkoff had proposed
  • But Hamas has repeatedly rejected an extension, instead favouring a transition to the truce deal's second phase that could bring a permanent end to the war.

Iran ready to negotiate with US but not under ‘maximum pressure’: minister

In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its...
  • In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its nuclear programme in return for the easing of international
  • However, in 2018, during his first term, Trump unilaterally withdrew the United States from the agreement and reinstated heavy sanctions on Tehran, despite European opposition

Trump doubles down on Gaza shock plan, says Israel will turn over the territory to US

Trump said that by the time of the handover, Palestinians "would have already been resettled in far safer and more...
  • Trump first made the stunning proposal to audible gasps during a joint press conference with Netanyahu on Tuesday, whom he was hosting at the White House for talks
  • Suggesting "long-term ownership" by the US, Trump said he would make Gaza the Riviera of the Middle East, and that "this could be something that could be so magnificient".

Morgan Stanley sees upswing in MENA M&A deal volumes and values

After a challenging year where M&A activity in the Middle East and North Africa took a tumble, Morgan Stanley forecasts...
  • 2024 saw 1,111 M&A transactions with exposure to the MENA region, totaling US$75 billion in value
  • MENA outbound M&A transactions totaled US$40.2 billion, down 3 percent

US hits back at accounts Iran moved enriched uranium before bombing

Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...

Latest News

India and Pakistan rivalry boils after Kashmir attack

India took a raft of punitive diplomatic measures against arch-rival Pakistan on Wednesday, accusing Islamabad of supporting "cross-border terrorism" after...

Israel security chief accuses PM of demanding personal loyalty

Israel's internal security chief, whom the government is trying to sack, accused Prime Minister Benjamin Netanyahu Monday of demanding personal...

US judge rules Google monopolized online ad tech market

Washington, United States -- A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology...

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Gaza rescuers say 25 killed in Israeli strike on school-turned-shelter

Gaza civil defense spokesman Mahmud Bassal told AFP more than 100 others wounded in the strike on Dar al-Arqam School...
  • The Israeli military has in recent days issued a number of evacuation orders to residents in northern neighborhoods of the Gaza Strip.
  • On Monday, it told those living in all areas of the southern city of Rafah and parts of nearby Khan Yunis to leave.

AI’s impact on jobs, technology’s touchy topic sparks unease

New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where...
  • AI agents, which are supposed to make decisions that are usually made by humans, have become the latest buzzword of the AI story
  • There is little doubt that some kind of upheaval of the workplace is underway, but its precise impact remains uncertain

Russia to hold talks with US in Riyadh Monday: Kremlin

Donald Trump spoke to both Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky this week and the US is also due...
  • "From the Russian side, they will be attended by Grigory Karasin, chairman of the Senate's committee on international affairs, and Sergei Beseda, advisor to the head of FSB.
  • Ushakov said he had confirmed this after talks with US National Security Advisor Mike Waltz. Both agreed to send "expert groups" for the talks, he added.