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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.
  • Nations start negotiations over global plastics treaty at Nairobi meet

    Nairobi, Kenya -- Nations grappling with the plastic "suffocating" nature and leaching into food and the human body began fresh...

    Around 60 so-called "high ambition" nations have called for binding rules to reduce the use and production of plastic

    Kenyan President William Ruto described plastic pollution as "an existential threat to life, to humanity and everything in between."

  • UN flag at half mast in remembrance of 100 staff killed in Gaza

    In Geneva, the second-largest UN headquarters after New York, the UN flag on Monday flew at half-mast and none of...

    The blue and white United Nations flag was first lowered at 9:30 am local time at offices in Bangkok, Tokyo and Beijing, and later, other UN offices followed suit

    The UN agency for supporting Palestinian refugees (UNRWA) announced on Friday that 101 of its employees had died in the Gaza Strip since the war erupted

  • US strikes Iran-linked locations in eastern Syria

    US Defense Secretary Lloyd Austin said that his country's forces carried out precision strikes on facilities in Syria used by...

    Austin said the strikes were conducted against a training facility and a safe house

    There are nearly 2,500 American troops based in Iraq and some 900 in Syria

  • Netanyahu tells NBC ‘there could be’ potential deal to free hostages

    "We heard that there was an impending deal of this kind or of that kind and then we learned that...

    But he stopped short of providing specifics about any plan that might be coming together to free some or all of the 239 hostages that Israel says are being held captive.

    A source close to Hamas said this week that negotiations have occurred over a possible three-day ceasefire in exchange for the release of a dozen hostages.

  • Erdogan calls for pressure on US to stop Israel’s Gaza onslaught

    Erdogan returned from a summit on Saturday of Arab and Muslim leaders in the Saudi capital Riyadh, which condemned Israeli...

    "The most important country that needs to be involved is the United States, which has influence on Israel," Erdogan said. But he said he would not call Biden.

    "We cannot agree with Biden if he approaches (the conflict) by seeing Gaza as the land of occupying settlers or Israel, rather than the land of the Palestinian people," he said.

  • Wall Street, Hollywood billionaires plan $50m anti-Hamas campaign

    Real-estate tycoon Barry Sternlicht has initiated this campaign and sought $1million donations from various affluent business figures, including David Geffen...

    News website Semafor reported that Sternlicht expressed concern about the potential shift in public opinion against Israel due to the portrayal of Palestinian civilian suffering.

    The funds will be used for a media blitz to define Hamas as an enemy not only of Israel but also of the United States, the report said.

  • Gazans fleeing devastating Israeli bombing live in dust, fear and hunger

    Perched on trucks, crammed into cars, pulled by donkeys on carts, and on foot, tens of thousands of Palestinians are...

    In southern Gaza, overflowing with displaced from the north, rents of $150 a month are now up to $500 to $1000.

    Before the war, a little over 80 per cent of Gazans lived in poverty and almost two-thirds were dependent on international aid, especially for food, according to the UN.

  • Algeria names new prime minister one year from elections

    Algerian news website TSA said the change came after Tebboune publicly criticised "the management of tensions connected to the availability...

    Tebboune named Ennadir Larbaoui, currently serving as director of the presidential cabinet, to replace PM Aimene Benabderrahmane

    The nomination of Larbaoui, 74, came just over a year before presidential elections due to be held in December 2024

  • Concern grows for thousands trapped in Gaza hospital

    Crowds of people have crammed into the corridors of Al-Shifa to escape the fighting in Gaza between Israel and Hamas,...

    OCHA said Israeli bombardments around hospitals in Gaza City intensified on Friday

    MSF denounced the intense battles as the "death warrant of civilians currently trapped in Al-Shifa hospital"

  • Ukraine officer had key role in Nord Stream sabotage: reports

    Mystery has surrounded who was behind the blasts that damaged the pipelines, cutting off a major route for Russian gas...

    A joint investigation by The Washington Post newspaper and German outlet Der Spiegel singles out Roman Chervinsky who served in Ukraine's Special Operations Forces

    He oversaw logistics and support for a six-person team, which rented sailing boat using false identities and diving equipment to place explosive charges on pipelines, said reports