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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.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Palestinian journalist freed from Israeli custody abused: report

    Footage of the men, including Kahlout, stripped down to their underwear, with some of them appearing to hand over weapons,...

    Diaa al-Kahlout, who was among dozens of Palestinians shown detained by Israeli troops and stripped to their underwear in Gaza, had been released

    Paris-based media watchdog RSF has said following his arrest the journalist was briefly held in Eshel prison in Israel and was subjected to torture

  • Jordan king to host Sisi, Abbas for Gaza talks: palace

    King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press...

    The meeting will be held in the Red Sea resort of Aqaba as part of "Jordan's efforts to coordinate Arab positions to push for an immediate ceasefire in Gaza"

    The three leaders would also discuss on "the situation in the West Bank" as the region has witness deadly violence by Israeli forces and the settlers

  • International forces respond to drone reports in Red Sea: UK agency

    The Houthi rebels say they are acting in support of Hamas, targeting Israel and Israeli-linked vessels to push for a...

    The agency said the incident had taken place about 50 nautical miles west of Yemeni port

    Houthis have launched more than 100 drone and missile attacks on targets in Israel and the Red Sea

  • UAE and Azerbaijan presidents pledge to boost ties

    Baku, Azerbaijan-- The UAE and Azerbaijan have discussed ways to enhance cooperation in renewable energy, environmental protection, culture, education, and...

    The two countries resolved to ramp up ties in economics, development, renewable energy, environmental protection, culture, education, and other areas

    The meeting between the two presidents also addressed the upcoming UN Climate Change Conference (COP29) to be hosted by Azerbaijan this year

  • Hizbollah targets Israeli base in revenge attack

    In a statement, Hizbollah said that it targeted the "enemy's northern command centre" in the Israeli city of Safed with...

    Israel said that a "hostile aircraft" had crashed at one of its bases in the north

    Violence has killed more than 185 people in Lebanon, including 140 Hizbollah fighters

  • Top global leaders to attend WEF meet amid Gaza, Ukraine war

    Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World...

    Blinken and US National Security Advisor Jake Sullivan will be among 2,800 participants at the forum, including more than 60 heads of state and government.

    Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li Qiang will also participate in the forum.

  • UAE economy likely to grow by 3.8 percent in 2025, says World Bank

    WASHINGTON, US - The World Bank expected the UAE's real GDP to grow by 3.4 percent in 2023, rising to...

    The World Bank forecast the growth in the Gulf Cooperation Council countries to rise to 3.6 percent in 2024 and 3.8 percent in 2025.

    The report said that the growth rate in the Middle East and North Africa region slowed down sharply to 1.9 percent in 2023.

  • 2023 hottest recorded year as Earth nears critical threshold

    PARIS, FRANCE - The year of 2023 was the hottest on record, with the increase in Earth's surface temperature nearly crossing...

    Climate change intensified heatwaves, droughts and wildfires and pushed the global thermometer 1.48 C in 2023 above the preindustrial benchmark.

    Nearly half of 2023 exceeded the 1.5C limit, beyond which climate impacts are more likely to become self-reinforcing and catastrophic, said scientists.

  • Israel is starving Gaza residents, says NGO

    RAMALLAH, PALESTINIAN TERRITORIES - Everyone in Gaza is going hungry and about 2.2 million people are surviving day by day...

    The NGO said that Gaza Strip was already in the throes of a humanitarian crisis before the war, mainly due to Israel’s 17-year blockade.

    Given this starting point, it is clear as to why the Gaza Strip plummeted into a full-blown catastrophe so quickly.

  • Blinken returns to Israel as Gaza death toll rises to 23, 210

    The US secretary of state -- on his fourth Middle East tour since the war broke out -- was back...

    Hamas leader Ismail Haniyeh called on Muslim states "to support the resistance with weapons, because this is... not the battle of the Palestinian people alone".

    At least 23,210 people have been killed in the Palestinian territory due to relentless Israeli bombardment, 126 deaths in the past 24 hours alone.