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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.

Iran’s navy says repulses pirate attack in Gulf of Aden

The Iranian warship Alborz was escorting two oil tankers in the Gulf of Aden when they were attacked by five pirate ships. AFP
By TRENDS Desk AFP
October 17, 2021 2:35 pm
  • Iranian destroyer Alborz was escorting two oil tankers when they were attacked by five pirate ships
  • The attack was carried out against an Iranian commercial convoy

An Iranian warship on Saturday repulsed an attack by pirates against two oil tankers that it was escorting in the Gulf of Aden, the country’s naval chief said.

“Navy commandoes were successful in repulsing this morning the attack by pirates against an Iranian commercial convoy in the Gulf of Aden,” said navy commander Admiral Shahram Irani, quoted on Saturday by the official IRNA news agency. 

“The destroyer Alborz was escorting two oil tankers when they were attacked by five pirate ships,” he said, noting that Iranian shots were fired, forcing “the attackers to leave the area”.

 

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