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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.
  • Saudi-African Summit calls for peace in Middle East

    The Summit held in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's...

    The Summit in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's humanitarian crisis.

    Marking a significant step in Saudi-African relations, Riyadh Declaration vows to enhance cooperation across defense, economic, cultural, and environmental sectors.

  • Blinken ends marathon tour warning ‘more needs to be done’ on Gaza

    New Delhi, India - US Secretary of State Antony Blinken wrapped up a marathon diplomatic push on Friday in India after...

    Blinken arrived in New Delhi on Thursday seeking to bolster India as a regional counterweight to China and win backing for its position on Israel's war with Hamas.

    The conflict in Gaza poses a major challenge to hopes of a key trade and transport route linking Europe, the Middle East and India, unveiled during the G20 talks in September.

  • Egypt and Qatar to discuss ceasefire efforts in Gaza

    The high-level meeting in Cairo comes ahead of Saturday's summits in Saudi Arabia, where Arab and Muslim leaders are expected...

    "The two leaders discussed the best ways to protect innocent civilians in Gaza and to stop the bloodshed," said a statement

    The two also explored the steps required for ceasefire and sustaining the delivery of humanitarian aid in Gaza

  • Gaza health system has reached point of no return, says ICRC

    The Red Cross called for medical facilities and workers in war-ravaged Gaza to be protected, warning the health system there...

    Medical facilities and personnel across Gaza have repeatedly come under attack since Israel's war with Hamas erupted just over a month ago.

    Such attacks have dealt "a heavy blow to the healthcare system in Gaza, ICRC said.

  • Iran says expansion of Israel-Hamas war has become ‘inevitable’

    President Ebrahim Raisi has said Iran sees it as "its duty to support the resistance groups" but insisted that they...

    "Due to the increasing intensity of the war against the civilian residents of Gaza, the expansion of the scope of the war has now become inevitable", Amir-Abdollahian said

    The Islamic republic of Iran, which supports Hamas financially and militarily, has hailed the militant group's attack on Israel as a "success" but denied any involvement

  • UN agency for Palestinian refugees says Gaza carnage ‘simply must stop’

    "The present course chosen by the Israeli authorities will not bring the peace and stability that both Israelis and Palestinians...

    "Razing entire neighborhoods to the ground is not an answer for the egregious crimes committed by Hamas," said the United Nations official.

    "To the contrary, it is creating a new generation of aggrieved Palestinians who are likely to continue the cycle of violence. The carnage simply must stop," he said.

  • NGOs say full Gaza ceasefire needed to provide care

    About 10 non-governmental organizations told a press conference on the sidelines of a humanitarian summit hosted by France that a...

    Several Western governments have called for a "humanitarian pause" in Israel's offensive, but not for an immediate ceasefire

    About 500 aid trucks have been allowed into the territory from Egypt over the past month, a number that had been the daily average before the war

  • Roadside blast hits global coalition troops in Iraq

    The forces encountered an IED (improvised explosive device) blast near the Mosul dam, the military official told AFP, speaking on...

    United States and coalition forces in Iraq and Syria have been targeted by drone or rocket attacks at least 40 times since October 17

    The coalition had troops at the site until October 20, according to a statement from the counter-terrorism services in Iraqi Kurdistan, in northern Iraq

  • Israel agrees pauses in fighting but rules out ceasefire

    Tens of thousands of civilians have streamed out of devastated northern Gaza in recent days, with men, women and children...

    US President Joe Biden welcomed the pauses, which formalise an arrangement that has already seen tens of thousands of Palestinians flee devastation in northern Gaza

    Netanyahu said Israeli troops were performing "exceptionally well" in the offensive launched after Hamas fighters poured across the border on October 7

  • US won’t hesitate to defend its troops in Middle East: Pentagon

    Washington, United States - Over the last three weeks, Iran-backed militia groups have attacked US bases and facilities in Iraq...

    The department's commitment to Israel's right to defend itself from terrorism is "ironclad," and the department is working daily to help Israel do that, Stroul told lawmakers

    "We also placed over 2,000 personnel and a range of units on a heightened state of readiness, some of which [were] subsequently deployed," she said