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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.
  • UAE leads humanitarian efforts in Gaza, seeks truce

    "The Gulf country will continue its efforts to achieve peace through tangible steps and a roadmap for a two-state solution....

    The UAE strongly condemns Israel’s collective punishment and displacement policies.

    The country remains committed to Palestinian humanitarian aid and medical support.

  • Moroccan officials questioned in EU graft probe

    BRUSSELS, BELGIUM - Several Moroccan officials have been questioned as part of a high-profile investigation into alleged bribery by the north...

    The interviews in Morocco were conducted by local authorities in the presence of Belgian investigators.

    The questionings were the first in the country since Brussels launched a sprawling graft probe in 2022.

  • UAE, Turkey explore ways to enhance bilateral relations

    Abu Dhabi, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed bilateral ties with Recep Tayyip Erdogan, President...

    UAE President Al Nahyan and Turkish president Erdogan also exchanged views on various regional and international issues of mutual interest.

    The two leaders emphasized the importance of an immediate ceasefire in the Gaza Strip, ensuring the protection of civilians .

  • UK shoots down ‘suspected’ drone attack in Red Sea

    London, UK - A UK destroyer has brought down a suspected attack drone in the Red Sea, defense minister Grant Shapps...

    Britain announced last month that it was sending HMS Diamond, one of its most advanced naval vessels, to the Gulf to shore up its presence in the region.

    The deployment followed the outbreak of conflict between Israel and Hamas and the seizure of an Israeli-linked cargo vessel by Iranian-backed Yemeni Houthi rebels

  • Kuwait, world mourn passing of Emir Sheikh Nawaf; welcome Sheikh Meshal as successor amid challenges

    The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh...

    The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh Nawaf, amidst global condolences and internal challenges.

    Public offices in Kuwait will close for three days, and a 40-day mourning period is declared following Sheikh Nawaf's death, who was hospitalized in November.

  • Kuwait emir Sheikh Al-Sabah dead at 86, says royal court

    "With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait,"...

    "With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait," said a statement

    State television had cut its regular programming and switched to a broadcast of Quranic recital before the announcement.

  • NCSC seeks to regulate Jordan’s cybersecurity market

    AMMAN, JORDAN - National Cyber Security Center (NCSC) seeks to regulate the Kingdom's cybersecurity market by outlining and endorsing the...

    One of the NCSC's key measures focuses on issuing Cybersecurity Services Licensing System, its director said.

    This would "effectively" contribute to strengthening and supporting Jordanian companies to enter the cybersecurity market.

  • Volunteers offer help to Arab-Israeli farmers amid Gaza war

    Baqa al-Gharbiya, Israel--In Baqa al-Gharbiya, an hour's drive from Haifa, city folk have temporarily traded pens for boots to aid farmers...

    Many people, lawyers or teachers, have joined hands to help Arab-Israeli farmers in the harvest as there is a shortage of labor force because of the war

    Volunteers were picking cucumbers, placing seedlings on stakes, and were preparing for the strawberry harvest when the rains interrupted them

  • Iran executes man convicted of spying for Israel: judiciary

    According to human rights groups, including Amnesty International, Iran executes more people per year than any other nation except China....

    He was also found guilty of "collecting and providing classified information to the Mossad spy service with the aim of disrupting public order."

    Iran has previously announced the arrests of alleged agents working for foreign countries, including Israel, its regional arch-foe

  • Israel troops kill 3 hostages mistaking them for ‘threat’

    The Israeli army said that it had mistakenly identified three Israeli hostages as a threat, and fired, killing three of...

    The army identified the hostages as Yotam Haim and Alon Shamriz and Samer El-Talalqa

    Its spokesman said the military "bears responsibility for everything that happened"