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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.
  • Ireland wants to be a gateway for UAE, Gulf states to EU market: Irish minister

    Abu Dhabi, UAE--Ireland wants to become a gateway for the UAE and other Gulf states to the European Union (EU)...

    The minister said that Ireland wants the UAE, and indeed others in this region like Saudi Arabia and Kuwait, to see it as a gateway into the EU market

    Close to16,000 Irish citizens work in the GCC, mostly in the UAE, across various sectors such as education, healthcare, business, banking and hospitality

  • China sets ambitious 5 percent growth target for 2024

    Premier Li Qiang formally announced the growth objective, alongside the overall budget and key government policies for 2024, at China's...

    Last year's NPC saw President Xi Jinping anointed for a historic third term, cementing his rule as the most powerful Chinese leader since Mao Zedong

    This year's gathering will focus on a litany of economic and security challenges, including a protracted property sector crisis, and soaring youth unemployment

  • Vision 2030 empowers women in Saudi legal sector

    "The progressive momentum generated in the past decade fills us with positivity and reassurance in the Kingdom, where we have...

    Saudi Arabia's Vision 2030 accelerates female participation in the workforce, surpassing targets ahead of schedule.

    The Kingdom boasts milestones like its first female international referee, astronaut, and train drivers , among others.

  • Saudi Arabia takes the lead in global road connectivity rankings: minister

    Riyadh, Saudi Arabia - Saudi Arabia has earned the distinction of being the world's most connected country in terms of...

    Al-Jasser highlighted a remarkable decrease of over 50 percent in serious accidents, deaths, and injuries in recent years

    The ongoing campaign, now in its fourth year, seeks to enhance the efficiency and safety of the extensive road network, the minister added

  • China’s annual political conclave starts as economy sputters

    Proceedings kick off Monday at 3:00 pm with the opening ceremony of China's People's Political Consultative Conference (CPPCC), which will...

    Armed police are ubiquitous on Beijing streets as delegates arrive for the gathering

    The meetings are not expected to see the unveiling of big-ticket bailouts

  • Swiss central bank posts 2023 loss

    The bank has raised its interest rates to tame inflation..

    SNB said it recorded a loss of 8.5 billion francs on national currency positions last year, following a loss of one billion francs in 2022

    The bank made a profit of four billion francs on foreign currency positions following a loss of 131.5 billion francs in the previous year

  • Turkey’s inflation rises to 67.1% in February

    On a monthly basis, inflation rose 4.5 percent in February, slower than the 6.7 percent rise logged in January. Erdogan...

    The Turkish central bank held its key interest rate at 45 percent last month, pausing after eight straight increases aimed at taming consumer prices

    Inflation remains a pressing issue for President Recep Tayyip Erdogan's government ahead of local elections in March

  • Iran and Russia to sign new contracts to develop oil, gas fields

    Tehran, Iran-- Iran and Russia have agreed to sign new contracts on developing oil and gas fields, according to the...

    The two ministers discussed creating a gas hub in the Eurasian region in the SCO framework, the development of oil and gas fields

    They also discussed the process of implementing the agreements over the connection of the power grids between Iran and Russia

  • UAE vital to enhancing global economic growth: Officials

    Abu Dhabi, UAE-- The UAE has expanded its network of trading partners around the world through comprehensive economic partnerships, contributing...

    Officials from the UAE have highlighted the role of the country in supporting the free flow of trade and investment to drive global economic growth

    They said the UAE's endeavours have been to expand its base of trading partners around the world through comprehensive economic partnerships

  • Saudi labor market booms amid economic shifts

    Employers in the Kingdom anticipate workforce expansions and salary hikes, though grappling with talent shortages and evolving work models, says...

    Employers in the Kingdom anticipate workforce expansions and salary hikes, though grappling with talent shortages and evolving work models, says a report.

    Increased investment in skills development and mentorship is crucial, while diverse perspectives on AI's impact call for strategic preparation of future workforce.