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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.
  • Top Iran and Russia diplomats hold talks, voice concern at ‘confrontation’ in Gaza

    Moscow, Russia-- Iran and Russia have held talks over the ongoing Israel's war on the Gaza Strip, expressing "concern over...

    According to the Russian foreign ministry, the top diplomats of the two countries voiced concern over the ongoing "confrontation" in Gaza

    During the talks both the sides underscored the need for an immediate ceasefire and emergency relief aid to be rushed to the civilian population

  • Israel has suffered defeat in its war against Hamas: Khamenei

    Speaking at an Islamic Revolutionary Guard Corps aerospace force centre in the capital Tehran, Khamenei said "the defeat of the...

    The Islamic republic, which supports Hamas, has hailed the October 7 attacks a "success"

    Khamenei exhorted Muslim countries to "cut off" ties and halt trade with Israel

  • Elon Musk’s X supports US student in trouble over posts

    Dubai, UAE--Elon Musk’s X has made good on its promise to back users who are being punished for statements they...

    The student, Juan David Campolargo, was found to be violating the university's student code of conduct, according to Campolargo's lawyers

    Musk voiced his support for the college student in a brief post on X, "We will do whatever it takes to support your right to free speech!"

  • Yemen rebels say seized vessel owned by Israeli businessman

    A Yemeni maritime source said the Huthis had "seized a commercial vessel" and took it to the port of Salif...

    The announcement came days after the rebel group threatened to target Israeli vessels in the waterway over Israel's war with Hamas in the Gaza Strip

    The office of Israeli Prime Minister Benjamin Netanyahu said the vessel was owned by a British company and operated by a Japanese firm

  • Dubai Customs logs 13% growth in transactions in first nine months of 2023

    DUBAI, UAE – Dubai Customs has experienced a robust 13 percent increase with 21.6 million transactions during the first nine...

    The upswing aligns with the targets of Dubai’s economic agenda D33, which seeks to double foreign trade.

    By the end of the third quarter of 2023, Dubai Customs had processed approximately 18.8 million customs declarations.

  • Israel police claim Hamas was not aware of a music festival on October 7

    DUBAI - An investigation carried out by Israeli police has concluded that Hamas, involved in the October 7 attack, had...

    The police probe revealed that an Israeli military helicopter arrived at the scene and opened heavy fire.

    The development comes as Israel revised the official death toll of the October 7 attacks, lowering the figure to around 1,200 people.

  • ‘Horrendous events’ in Gaza in past days ‘beggar belief’: UN rights chief

    "The killing of so many people at schools turned shelters, hundreds fleeing for their lives from Al-Shifa Hospital, amid continuing...

    All 31 premature babies at Al-Shifa hospital had been evacuated Sunday from the facility which the WHO has described as a "death zone".

    A deal to free hostages Hamas seized in its October 7 attack on Israel now hinges on "minor" practical issues, Qatar's prime minister said.

  • FMs from Palestinian Authority, Muslim nations to visit China

    Officials will include the foreign ministers of the Palestinian Authority in the West Bank, Saudi Arabia, Jordan, Egypt and Indonesia,...

    Following the outbreak of war last month, Chinese officials including Foreign Minister Wang Yi have called for an immediate ceasefire and a "cooling down" of the situation.

    China has historically been sympathetic to the Palestinians and supported a two-state solution to the Israeli-Palestinian conflict.

  • Climate action slowed in 2022, severe weather events increased

    Paris, France -- National climate policy action across the countries that produce nearly two-thirds of total greenhouse gas emissions only...

    National climate policy action across the countries that produce nearly two-thirds of total greenhouse gas emissions only increased by 1% in 2022, lowest since 2000.

    In contrast, between 2000 and 2021, national climate policy action increased by an average of 10 percent a year, according to a new OECD analysis of policy adoption.

  • Big tech firms have been fined billions, but not paid them

    PARIS, FRANCE - Rarely a month goes by without big tech companies getting fined for price fixing, squashing competitors or misusing...

    Ireland's data regulator confirmed that Meta has not paid any of the US$2.2 billion in fines issued since last September.

    Amazon is still appealing against a US$812 million fine from 2021, Luxembourg's data regulator said.