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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.
  • Israeli ministers join thousands at rally for Gaza settlement

    The firebrand politician Itamar Ben-Gvir said Israel should "encourage voluntary emigration" of Palestinians from Gaza, echoing past remarks that drew...

    Sunday's rally aimed at pressuring the government to "return to the Gaza Strip and establish communities right away", said settler leader Daniella Weiss

    The Israeli military campaign, according to the Gaza health ministry, has killed at least 26,422 people, most of them women and children

  • Houthi rebels open seized cargo ship to sightseers

    For about a dollar per trip, male-only groups of visitors can board wooden boats five times a week to the...

    On board the ship, some visitors performed a traditional dance featuring the daggers that many Yemenis carry tucked into their belts, accompanied by chants glorifying the Houthis

    A Yemeni visitor Hamada al-Baydani, said he had travelled 400 kilometers (250 miles) from Al-Bayda, to see the seized ship, which he labelled "a source of pride for Yemenis

  • US vows to respond after troops killed in Jordan

    US President Joe Biden held Iran-backed fighters responsible for the killing of US troops and vowed to hold the perpetrators...

    In South Carolina, the president held a moment of silence for the slain troops

    CENTCOM said that the attack had hit a logistics support base in northeast Jordan

  • Oil rises on fresh Middle East fears after attack on US base

    "The news of three US troops being killed by a drone attack, and President Biden saying 'we shall respond', will...

    The attack - which came two days after Yemen's Huthi rebels struck a vessel in the Red Sea - ramped up tensions in the region

    Both main crude contracts rose more than one percent in early trade - hitting levels not seen since November - before paring the gains slightly

  • Dubai RTA awards US$95m contract to upgrade ticketing system   

    DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing...

    The aim is upgrade the existing card-based ticketing system to an account based ticketing system, aligning with the top global practices.

    It seeks to develop a flexible and 100 percent scalable digital infrastructure, ensuring 100 percent fintech integration in mobility solutions.

  • US, Egypt, Qatar and Israel officials in Paris talks for Gaza ceasefire

    French authorities were also in touch with these four countries with the aim of negotiating a halt to hostilities between...

    Negotiators were getting closer to an agreement under which Israel would suspend its war in Gaza for about two months in return for the release of more than 100 hostages.

    Qatar is playing a key role in the latest talks after brokering a hostage release deal in November.

  • UN chief calls for continuity in aid as battle rages in Gaza

    Heavy fighting raged in Gaza amid a row over the UN agency for Palestinian refugees that has called its future...

    The Israeli army said special forces were continuing to engage in "intensive battles" in Gaza's main southern city of Khan Yunis.

    UNRWA said it had fired several employees over Israel's accusations of its staff

  • Turkey earthquake survivors seek justice one year on

    The disaster, which killed more than 50,000 people in all, was Turkey's deadliest in many centuries. President Recep Tayyip Erdogan...

    More than 200 contractors and developers were arrested in the immediate aftermath of the quake, some tried to flee abroad and were detained at Istanbul airports

    But lawyers representing victims' families fear that numerous contractors may escape blame because much of incriminating evidence disappeared when bulldozers cleared the debris

  • Trump stokes opposition to Biden border plan

    With immigration one of the hottest electoral issues in what increasingly looks like a Trump-Biden rematch for the White House,...

    Joe Biden threw his weight behind the proposed bill on Saturday

    Donald Trump has instead continued to castigate Biden over "open borders"

  • Iran puts three satellites simultaneously into orbit

    Western governments including the United States have repeatedly warned Iran against such launches, saying the same technology can be used...

    The Mahda satellite, which weighs around 32 kilograms and was developed by Iran's Space Agency, is designed to test advanced satellite subsystems

    The other two, Kayhan 2 and Hatef, weigh under 10 kilograms each and are aimed to test space-based positioning technology and narrowband communication