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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.
  • EDB commits US$350m for renewable energy projects in developing countries

    ABU DHABI, UAE - Emirates Development Bank (EDB) has committed US$350 million (AED 1.3 billion) to support the Energy Transition Accelerator...

    The ETAF platform is a global climate finance facility established by the International Renewable Energy Agency (IRENA).

    The announcement was made during the signing of a collaborative partnership agreement between EDB and IRENA.

  • US police look into ‘hate crime’ after Palestinian students shot

    The shooter, who is still on the loose, was described by police as "a white man with a handgun." The...

    A police statement said two of the victims were in stable condition, and the third suffered "much more serious injuries"

    Bernie Sanders, the independent Vermont senator, called the attack "shocking and deeply upsetting"

  • China FM to visit New York for UN talks on Israel-Hamas conflict

    Beijing, China--China's top diplomat Wang Yi will visit New York this week to hold a United Nations Security Council meeting on...

    China, according to its foreign ministry, will hold a high-level meeting on the Palestinian-Israeli issue on November 29

    Beijing welcomed a truce between Israel-Hamas, which began Friday and led to dozens of hostages being freed

  • Tens of thousands of Moroccans in pro-Palestinian demo

    The fledgling rapprochement between the North African country and Israel had made steady progress since 2020 when the two governments...

    Journalist reported Sunday that demonstrators in Casablanca waved Palestinian flags and demanded that Rabat suspend ties with Israel

    Pro-Palestinian demonstrations had declined in recent years in Morocco, but have surged since the Gaza war broke out

  • Musk to meet Israeli president, hostage families

    Musk, owner of X, formerly known as Twitter, has come under fire over what critics say is a proliferation of...

    Herzog's office said the meeting would be joined by "representatives of families of hostages held by Hamas, who will speak about the horrors of October 7"

    "In their meeting, the President Isaac Herzog will emphasize the need to act to combat rising antisemitism online," Herzog's office said.

  • Biden to miss COP28 climate summit: US official

    Some 70,000 people including national leaders and Pope Francis are expected at COP28 as it opens Thursday, in what could...

    A US official confirmed that Biden was not planning to attend COP28 this week or during a second window close

    The official said the Biden administration was still discussing whether to send a top-level official to Dubai

  • Biden, Netanyahu, Hamas positive on possible extension of truce in Gaza

    The pause that began Friday has seen dozens of hostages freed, with over 100 Palestinian civilians released by Israel in...

    Netanyahu said that he had discussed the release of another group of hostages from the Gaza Strip with the US President

    Hamas also said it was willing to extend the pause after it freed more hostages, including a four-year-old orphaned by its attack

  • Crew of Israel-linked tanker seized off Yemen ‘safe’: US official

    A US defence official told a media outlet that an unknown number of "unidentified armed individuals" seized the M/V Central...

    A US defense official said US and coalition forces responded to the emergency aboard the tanker

    The Houthis have launched a series of drone and missile strikes targeting Israel since the October 7 attack

  • Global food-security crisis nudges GCC to look inward

    Billions of dollars are being invested into ventures to grow food in the GCC to make the arid, hot region...

    The region is pouring investments into food manufacturing projects, such as dairy products, meat, poultry, fish, fruits, vegetables, and processed foods

    The GCC governments have devised measures to support local farmers, with much of the focus on local farms and investments in farms outside the Middle East

  • Hamas frees more captives in Gaza as truce extension mooted

    Hamas released a third group of hostages including a four-year-old American girl with more Palestinian prisoners set to be freed...

    The exchanges under a four-day ceasefire that started Friday have been the first relief for captives' families.

    United States President Joe Biden announced that the 13 released included a four-year old American girl..