Search Site

Trends banner

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.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • Saudi Arabia’s PIF to buy 10 percent stake in London’s Heathrow airport  

    Saudi Arabia's sovereign wealth fund is to buy 10 percent of London's Heathrow airport from Spanish infrastructure giant Ferrovial, whose...

    Heathrow, which is one of the world's busiest airports, is owned by the consortium FGP Topco Limited.

    Ferrovial bought its stake in Heathrow in 2006 and initially held 56 percent of the hub, before reducing its interest.

  • Sweden says Turkey promised NATO approval ‘within weeks’

    NATO's other 29 allies, outside of Turkey and Hungary, had hoped to formally welcome Sweden into the alliance at the...

    Turkey and Hungary are the only NATO members yet to ratify Sweden's bid, more than 18 months after it applied for membership

    Turkish parliament this month started to debate Sweden's application to join after Erdogan launched the process following a deal at a NATO summit in July

  • US military Osprey with 8 crew crashes off Japan

    Tokyo, Japan--A US Osprey military aircraft with eight crew on board crashed on Wednesday off a Japanese island, the coastguard said,...

    The coastguard said one unconscious person had been found at the scene and transported to a nearby port

    The Osprey, developed by Bell Helicopters and Boeing, has suffered a string of fatal crashes over the years

  • UNGA resolution calls upon Israel to withdraw from the occupied Golan Heights

    United Nations - The UN General Assembly adopted a resolution calling upon Israel to withdraw from the occupied Golan Heights,...

    A total of 91 countries voted in favor of the document, including Russia, Brazil, India, China and Saudi Arabia

    Eight countries, including the United States and the United Kingdom, voted against. 62 countries abstained

  • G7 calls on Houthis to stop threats to shipping

    On November 19, Huthis seized Israeli-linked cargo vessel the Galaxy Leader and its 25 international crew at the entrance to...

    Huthis have launched a series of drone and missile strikes targeting Israel since Hamas fighters poured over the border into Israel on October 7

    Gaza's Hamas government says that almost 15,000 people, mostly civilians, have been killed in Israel's retaliatory ground and air operation

  • 12 more Gaza hostages freed as mediators seek lasting truce

    So far, 60 Israeli hostages have been freed from Gaza under the terms of the deal, with a Russian-Israeli, 20...

    The final 24 hours of the extended agreement begins later Wednesday, with one more exchange of hostages for civilians expected

    On Tuesday, Hamas and Israel traded accusations of truce violations, but Qatar's Ansari said the "minimal breaches" did not "harm the essence of the agreement."

  • US, Israel intel chiefs in Qatar to explore ‘next phase’ of Gaza truce

    The leaders of the US Central Intelligence Agency and Israel's Mossad were scheduled to meet Qatari Prime Minister Mohammed bin...

    "The director of the CIA and the director of the Israeli National Intelligence Agency are in Doha to meet with the Qatari prime minister," a source told AFP

    Qatar has been engaged in intense negotiations, with support from Egypt and the United States, to further extend the truce in Gaza

  • Mass displacement of civilians should not take place in southern Gaza, says US

    WASHINGTON, US -  US President Joe Biden has warned Israel that its expected offensive in southern Gaza must avoid the kind...

    Israel has said it will continue its war on Hamas after an ongoing temporary truce expires.

    US has strongly backed ally Israel but it has increasingly warned that too many Palestinians are being killed.

  • There is a high risk of famine in Gaza, says UN

    ROME, ITALY - The population of Gaza, especially women and children, risk famine if humanitarian food supplies do not continue, the...

    The World Food Program said that six days was "not enough to make any meaningful impact".

    The World Food Program said that six days was "not enough to make any meaningful impact"

  • Dubai Future Forum calls for creation of global framework

    DUBAI, UAE: Governments and the United Nations should create an internationally adopted framework specifically designed to help solve global challenges,...

    The event examined the proliferation of AI and the future dynamics between humans and machines.

    It also discussed as to how the people and societies can adapt to rapid technological advancements.