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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.
  • Palestinians in Gaza living in utter, deepening horror: UN rights chief

    "Civilians in Gaza continue to be relentlessly bombarded by Israel and collectively punished -- suffering death, siege, destruction and deprivation...

    The UN official said 1.9 million of the Palestinian enclave's 2.2 million people had been displaced and were being pushed into overcrowded and unhealthy conditions of South Gaza

    The official added he was gravely concerned by "dehumanizing and inciteful statements" made by current and former Israeli officials, as well as Hamas figures

  • Russia, UAE boost energy relations, explore new JVs

    The two countries strengthen their partnership, discussing the use of Russian equipment in UAE's energy projects during Putin's significant visit...

    Russia and UAE strengthen their partnership, discussing the use of Russian equipment in UAE's energy projects during Putin's significant visit to Abu Dhabi.

    The Russian President praises the UAE's successful hosting of COP28 and the strengthening of cultural and humanitarian connections.

  • Blinken, Wang discuss Gaza war in phone call

    Beijing, China - The US Secretary of State Antony Blinken and China's Foreign Minister Wang Yi on Wednesday spoke over the...

    Blinken discussed his recent travel in the Middle East and US diplomatic efforts in the region with Wang

    He also underscored that the recent Houthi attacks against commercial vessels in the Red Sea

  • Got to have faith: religion finds its moment at COP28

    Organizers say the Faith pavilion is supporting progress toward an ambitious pact to limit global warming, that also ensures financial...

    Organizers say more than 300 faith leaders from all major religions and traditional beliefs are expected to participate in the pavilion during the two-week-long conference

    Faith leaders issued an interfaith statement in support of reducing and eventually exiting fossil fuels - a flashpoint issue at the conference overseen by an Emirati oil executive

  • EU seeks agreement on world’s first AI law

    European Commission, the EU's executive arm, first proposed an AI law in 2021 that would regulate systems based on the...

    Negotiators from EU Parliament and EU member states will meet on Wednesday from 1400 GMT, with talks expected to last into the evening

    Although there is no real deadline, senior European Union figures have repeatedly said the bloc must finalize the law before the end of 2023

  • Israeli attack on Lebanon kills soldier, wounds three

    The Lebanese army in a statement said that its position was targeted by the "Israeli enemy" on the southern border....

    Acknowledging the attack on Lebanon, Israel said that it had targeted a Hizbollah position

    At least 110 have been killed on the Lebanese side since October, mostly Hizbollah fighters

  • Putin senses reviving fortunes as front holds, West frays

    Warsaw, Poland - As Vladimir Putin touches down in the Middle East later on Wednesday for visits to the UAE...

    A much-touted Ukrainian counteroffensive that was once expected to carve through Russian lines has stalled, oil revenue is rebounding

    Russia's front line has largely repelled Ukraine's counter-offensive, launched with billions of dollars worth of Western arms

  • Investments strengthen Türkiye-GCC economic ties

    The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to...

    The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to significantly boost bilateral trade.

    Türkiye-GCC relations are revitalized through billion-dollar deals and support for Turkey's post-earthquake recovery, aiming to triple trade with the Gulf by 2030.

  • Russian oil price cap partially successful

    LONDON, UK - A Western price cap imposed a year ago on Russia's oil has had limited success with Moscow increasingly...

    The cap was jointly imposed on December 5, 2022 by the European Union, Australia and the Group of Seven rich countries.

    Initially successful, it lost its impact once President Vladimir Putin's Russia found new buyers for its oil and new tankers to deliver it.

  • Qatari emir denounces ‘shameful’ global inaction in Israel-Hamas war

    Doha, Qatar - Qatar's ruler hit out at "shameful" international inaction over the Israel-Hamas war in Gaza as he opened a...

    Qatar emir called for a global probe into Israeli massacres in Gaza, and urged a just solution to Palestinian issue

    Qatar, a US ally which hosts a large US military base, hosts a Hamas office which doubles as the residence of its self-exiled leader, Ismail Haniyeh