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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.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • Kuwait’s new emir makes first foreign trip to Saudi

    Crown Prince Mohammed bin Salman, the 38-year-old de facto ruler of Saudi Arabia, greeted Sheikh Meshal at the airport in...

    Sheikh Meshal al-Ahmed Al-Sabah, who is 83, was sworn in last month following the death of his predecessor and half-brother, Sheikh Nawaf

    He is faced with the task of overcoming longstanding political paralysis and reforming a bloated public sector

  • Former Pakistan PM Imran Khan handed 10-year prison term

    Islamabad, Pakistan - Former Pakistan prime minister Imran Khan was sentenced on Tuesday to 10 years in prison, less than two...

    Tuesday's sentence for leaking classified state documents was handed down inside Adiala jail -- where Khan has been confined for much of the time since his August arrest

    Local media reported the convictions and sentences although state TV did not use Khan's name, obeying strict censorship measures that have alarmed rights monitors

  • Israeli strikes on Gaza continue as mediators push for new truce

    Heavy Israeli strikes and urban combat across the besieged Gaza Strip killed 128 more people overnight, the health ministry in...

    The World Health Organization called the row over UNRWA "a distraction from what's really going on every day, every hour, every minute in Gaza".

    Israel's top ally the United States expressed hope for a deal, with Blinken telling reporters that "very important, productive work has been done".

  • Ras Al Khaimah witnesses rise in issue of valid business licenses in 2023

    RAS AL KHAIMAH, UAE - The economic growth of the Emirate continued to accelerate in 2023, with the Department of...

    The industrial sector in Ras Al Khaimah achieved a 5.3 percent annual growth rate in valid licence capital.

    Commercial licences experienced a 14.4 percent annual increase, bringing their total capital to $1.3 billion.

  • Canada revokes ban on military exports to Turkey

    Canada will now require that Turkish importers provide assurances about the weapons' use as well as a government statement "clearly...

    Permits for military items and certain types of weapons destined for Turkey "will now be reviewed on a case-by-case basis," the Canadian government said

    The export ban affected some 30 permits, and applied to a wide variety of military goods and technologies including components for the production of aircraft

  • Israel troops to ‘go into action’ soon at Lebanon border: minister

    Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has seen near-daily exchanges of...

    Israel's army chief Herzi Halevi said earlier this month that the likelihood of war on the northern border has become "much higher"

    Gallant said Monday that Gaza fighters were running out of supplies and ammunition, but that the war against Hamas "will take months"

  • UN chief to meet donor nations after UNRWA accusations

    Several countries, including the United States, France, Britain, Germany and Japan, have announced the suspension of further funding to the...

    UNRWA said it acted promptly over allegations but that cuts in funding will affect ordinary Palestinians

    In Gaza people said the support they received from the agency amounted to a lifeline

  • Qatar says Gaza truce proposal to be sent to Hamas as war rages on

    Sheikh Mohammed confirmed that the framework -- which he said might lead to a permanent ceasefire -- includes a phased...

    Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said "good progress" had been made and the parties were "hoping to relay this proposal to Hamas

    Israeli Prime Minister Benjamin Netanyahu's office has called the Paris talks "constructive" but pointed to "significant gaps which the parties will continue to discuss"

  • Saudi envoy to US deplores Western media criticism of women rights in kingdom

    Washington D.C., US--– Saudi Arabia's ambassador to the US, Reema Bandar Al-Saud, has expressed disappointment with recent media criticism of...

    The ambassador, reacting to an opinion piece in the Washington Post, slammed the piece for relying on "outdated stereotypes and western-centric views"

    She cited inaccuracies in the portrayal of Saudi women as oppressed and devoid of rights and said that the kingdom has made substantial progress in women's rights

  • We want complete ceasefire, not temporary truce: Hamas

    Taher al-Nunu, a senior Hamas official, said his group wanted a "complete and comprehensive ceasefire, and not a temporary truce."...

    Extensive talks in Paris had resulted in a framework for a phased truce

    The framework would see women and children hostages released first