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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.
  • Death toll from IS twin bombings rises to 91, says Iran

    TEHRAN, IRAN - A bombing attack in southern Iran claimed by the Islamic State group has killed 91 people, state media...

    The attack is the deadliest in Iran since 1978, when arson killed more than 370 people trapped in a cinema in Abadan.

    The Iranian intelligence ministry said on Friday that "one of the suicide bombers" was "of Tajik nationality".

  • France and Jordan airdrop seven tonnes of aid to Gaza

    The French leader posted a photograph of an airman standing on the cargo ramp of a military plane, with parachutes...

    Jordan and France sent C-130 transport plane with mixed French-Jordanian crews, bringing a total of seven tonnes of "humanitarian and health" aid, the presidency said

    At least 22,600 people have been killed in Gaza in Israel's response to the October 7 attack by Hamas, according to the territory's Hamas-run health ministry

  • Iraq PM says determined to end presence of US-led coalition

    Sudani, whose government relies on support from Tehran-aligned parties, has repeatedly said in recent weeks he would like to see...

    A US drone strike on Thursday killed a military commander and another member of Harakat al-Nujaba, a faction of Hashed al-Shaabi

    Washington labelled the attack in Iraq's capital an act of self-defence, while Sudani's government decried it as an act of "blatant aggression"

  • Blinken to tackle Gaza, NATO expansion with Turkey’s Erdogan

    Turkish President Recep Tayyip Erdogan has turned into one of the Muslim world's harshest critics of the scale of death...

    US Secretary of State Antony Blinken arrived in Istanbul late Friday for the first leg of a trip that includes visits to Israel and West Bank, along with five Arab states

    Blinken's fourth crisis tour since the start of the Israel-Hamas war three months ago comes with fears mounting that the conflict will engulf swathes of the Middle East

  • West Bank sees ‘unmatched surge’ in Israeli settlements since Gaza war

    Peace Now said in the report published on Thursday there had been an increase in the activities of some settlers...

    The Israeli group Peace Now said in a report that nine outposts had appeared in the occupied West Bank since the start of the Israel-Hamas conflict

    About three million Palestinians live in West Bank, which is also populated by 490,000 Israelis living in settlements deemed illegal under international law

  • Houthis hold mass rally for Gaza in Yemen capital

    Sanaa, Yemen - Thousands rallied in support of Gaza in the rebel-controlled Yemeni capital Sanaa on Friday, chanting anti-US and anti-Israeli slogans.The...

    The Houthis have launched more than 20 attacks on merchant ships in the Red Sea in recent weeks, saying they are acting in solidarity with Palestinians in the face of Israel's war

    Since the outbreak of the war on October 7, the Iran-backed rebels have organised weekly protests in Sanaa but Friday's demonstration was the "largest."

  • Response to Aruri killing inevitable, says Hizbollah chief

    BEIRUT, LEBANON - The head of Lebanon's Iran-backed Hizbollah group warned Israel on Friday that it will respond swiftly "on the...

    Saleh al-Aruri, who was killed in a missile strike widely attributed to Israel, is the most high-profile Hamas figure to be killed during the war.

    Israel has not claimed responsibility for the strike but a US defense official said on Wednesday that Tel Aviv had carried it out.

  • Dubai Center for Family Businesses issues guidelines

    DUBAI, UAE –  The Dubai Center for Family Businesses, which operates under the Dubai Chambers umbrella, has released a ‘Sample...

    The ‘Sample Article of Association for Family Businesses’ outlines a set of options for companies to update their contracts.

    The Article of Association takes into account the requirements of family businesses who are registered as limited liability companies (LLCs).

  • Gaza focus of German foreign minister’s upcoming Middle East tour

    Annalena Baerbock will hold talks with Israel's new Foreign Minister Israel Katz, as well as President Isaac Herzog, foreign ministry...

    Baerbock will subsequently travel to Egypt to meet with her counterpart Sameh Shoukry and also planned to visit Lebanon.

    US Secretary of State Antony Blinken also left Thursday on a diplomatic tour of the Middle East, including Israel, his fourth since the war began.

  • Saudi Arabia releases 132 animals in NEOM Nature Reserve

    RIYADH, SAUDI ARABIA  - The National Center for Wildlife, in collaboration with NEOM, has released a total of 132 animals...

    This initiative aims to rehabilitate and ensure the adaptation of these animals to their new environment before releasing them into the wild.

    The released animals consist of 80 Arabian sand gazelles, 12 mountain gazelles, 12 ibexes, and 28 Arabian Oryx.