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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.
  • Gaza unrest poses risk to oil markets, global growth

    Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest...

    Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest report by Oxford Economics.

    The report predicts a quick rebound in equity markets post-conflict dip, while urging policymakers to ready economic safeguards and call for peace.

  • Iran rejects G7 calls to stop supporting Hamas

    Tehran, Iran - Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas members and taking...

    The Iranian diplomat said Tehran has engaged in "non-stop efforts to stop military attacks of the Zionist aggressor regime (Israel) on the defenseless citizens" in Gaza.

    Iran does not recognize Israel and has made support for the Palestinian cause a centerpiece of its foreign policy since the 1979 Islamic Revolution.

  • Saudi urges leniency in climate change policies for low income nations

    Riyadh, Saudi Arabia - Saudi Arabia said on Thursday that policies to address climate change should not "crush the bones" of...

    Climate change is "relevant and important" but "should not be attended to by crushing the bones and the future of the less (powerful) people," Prince Abdulaziz said.

    Prince Abdulaziz said on Thursday that attempts to provide financial support to countries affected by climate change had so far delivered poor results.

  • Israeli forces kill 10 Palestinians in West Bank

    Ramallah, Palestinian Territories - Ten Palestinians were killed on Thursday during an Israeli raid on Jenin in the north of the...

    Palestinian health ministry said the current death toll in Jenin stood at 10, up from five announced in a previous statement.

    More than 150 have been killed in clashes with Israeli forces in the West Bank since the beginning of Gaza war.

  • Israel to begin four-hour pause in Gaza, says US

    Israel has agreed to daily four-hour military pauses in northern Gaza for humanitarian purposes, the White House said. President Joe...

    White House National Security Council spokesman John Kirby said the pauses were "significant steps forward".

    "Israel will begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made three hours beforehand," he said.

  • Arab and Iranian leaders likely to attend Saudi’s dual event on Gaza

    The emergency meetings of the Arab League and the Organization of Islamic Cooperation come after over one month of Israeli...

    Saudi analysts said the Arab League meeting Saturday would do well to go beyond statements condemning attacks on Gaza's civilians

    The meeting "will be a success if it leads to any framework to pressure Israel to stop the war. Otherwise it will not be a success," said an analyst

  • GCC hails progress on implementation of unified tourist visa

    Muscat -– In a significant stride towards enhanced regional cooperation, the Gulf Cooperation Council (GCC) has announced progress on the...

    GCC Secretary General announces progress on unified tourist visa at 40th Interior Ministers meeting.

    The initiative aims to enhance regional tourism and facilitate easier travel within the GCC.

  • France to host ‘humanitarian aid’ conference for Gaza

    sraeli Prime Minister Benjamin Netanyahu has said there will be no fuel delivered to Gaza and no ceasefire with Hamas...

    Thursday's aid conference has been put together in a hurry on the sidelines of the annual Paris Peace Forum on November 10-11

    Few Arab nations are expected to send delegates, although the Palestinian Authority will send its prime minister and Egypt a ministerial delegation

  • Sharjah looks to boost economic, investment ties with Uganda and Kenya

    Sharjah, UAE-- In a groundbreaking move to strengthen ties with burgeoning markets in Africa, the Sharjah Exports Development Centre (SEDC)...

    In order to boost trade with Uganda and Kenya, the Sharjah Chamber of Commerce and Industry (SCCI) will dispatch a trade mission to the African countries

    The trade mission will explore ways to enhance development and foster stronger ties as part of the chamber's commitment to supporting the local business community

  • Putin, Erdogan and Raisi make visits in Central Asia

    Tashkent will host the Iranian and Turkish presidents, as well as Pakistani Prime Minister Anwaar-ul-Haq Kakar and Central Asian leaders....

    The talks in Tashkent summit are expected to focus on trade, humanitarian cooperation and transport

    Turkish president Recep Tayyip Erdogan is likely to bring the Gaza issue to the table