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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.
  • Malaysia bans Israeli-flagged ships over Gaza war

    Prime Minister Anwar Ibrahim in a statement said that ships bound for Israel will also be barred from loading cargo...

    The Prime Minister said Malaysia was confident its trade would not be affected by the decision

    Pressure is mounting on Israel to agree to a new truce that could ramp up aid to the Gaza Strip

  • Strong Russia ties a strategic choice, says Xi Jinping

    The Chinese president called for deeper bilateral cooperation during a meeting with Russia's Prime Minister Mikhail Mishustin in Beijing. The...

    Xi said developing China-Russia relations is a strategic choice made by both sides

    Russian PM said that ties between Moscow and Beijing had reached an "all-time high"

  • UN Security Council due to vote on delayed Gaza resolution

    This week's back and forth comes after an impasse earlier this month, when the United States, despite unprecedented pressure from...

    The humanitarian situation in Gaza was rapidly deteriorating, with a senior UN official saying Israel's steps to allow in aid were "far short" of mounting need

    Members of the council had grappled for days to find common ground on the resolution, a vote on which was pushed back throughout Tuesday, after being postponed Monday

  • Hamas chief to visit Egypt for Gaza ceasefire talks

    According to a source close to the Palestinian Islamist group, Hamas chief Ismail Haniyeh is set to visit Egypt on...

    The talks will focus on ending "aggression and the war" and the release of prisoners

    Haniyeh's visit will be his second to Egypt since the start of the war on October 7

  • ‘Qatar plays crucial role in enhancing transparency’

    "Uzbekistan is eager to strengthen its cooperative relationship with Qatar, particularly in anti-corruption efforts. Qatar has achieved advanced rankings and...

    Uzbekistan's Deputy Minister Ilkhom Norkulov commends Qatar's leadership in anti-corruption, applauding its efforts to enhance transparency and uphold the rule of law.

    The Sheikh Tamim Bin Hamad Al-Thani ACE Award, hosted by Uzbekistan in its 7th edition, symbolizes Qatar's dedication to combating corruption globally, Norkulov adds.

  • GCC in the crossfire amid growing US-China tech war

    Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.

    Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.

    The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.

  • Israeli army strikes renders Gaza’s Al-Ahli hospital non functional

    TEL AVIV, ISRAEL - One of the last remaining hospitals in the northern Gaza Strip stopped operating on Tuesday after...

    An official told AFP Israeli troops attacked the Al-Ahli hospital and arrested doctors, medical staff and patients, destroying part of the building's grounds

    At least four people who were wounded by Israeli fire on Monday died on Tuesday after being injured in the Al-Ahli assault, he said

  • UNICEF terms Gaza world’s ‘most dangerous place’ for children

    Geneva, Switzerland - Gaza is "the most dangerous place in the world" for a child, the UN children's agency spokesperson said...

    "I'm furious that those with power shrug at the humanitarian nightmares unleashed on a million children," UNICEF spokesperson James Elder said

    He spoke of children having undergone amputations and who were then "killed in those hospitals" as the Israeli army bombardment of the Gaza Strip continues

  • Hyundai to sell Russian plant

    Sales of Hyundai cars have tumbled in Russia.

    The war in Ukraine has sparked an exodus of foreign companies from Russia, including many major car manufacturers.

    Sanctions by the European Union, the United States and others have made it increasingly difficult to do business with Russia.

  • UNSC stumbles for common ground on Gaza, delaying ceasefire vote

    Israel -- backed by its ally Washington, a veto-wielding permanent Security Council member -- has opposed the term "cease-fire." This...

    The current struggle comes after an impasse earlier this month, when the US, despite unprecedented pressure from UN chief Antonio Guterres, blocked the adoption of UNSC resolution.

    Last week, the General Assembly adopted the same nonbinding resolution by 153 votes to 10, with 23 abstentions, out of 193 member states.