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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.
  • Turkmenistan plants over 470,000 trees in a single day

    Turkmenistan is one of the most closed societies in the world, where dissent is outlawed and the Berdymukhamedov family have...

    The United Nations Food and Agriculture Organization (FAO) says water stress in Turkmenistan is "extremely high".

    Three-quarters of the country are covered by the black sands of the Karakum Desert and annual precipitation is below 100 mm in places.

  • European Union to increase Gaza humanitarian aid by $27mn

    "By doing so the European Union will spend a total of 100 million euros in humanitarian aid for the civilians...

    The EU chief Von der Leyen, a staunch supporter of Israel, said it was essential the country "strives to avoid civilian casualties" in its operation in Gaza.

    Von der Leyen told diplomats that even as conflict rages, there needs to be a "perspective" for a two-state solution.

  • 10,000 deaths raise specter of genocide in Gaza

    Some world leaders like Turkey's President Erdogan use the term genocide to describe Israeli actions in Gaza. Israel has also...

    The President of Turkey, Recep Tayyip Erdoğan, has used the term "genocide" to describe Israeli actions in Gaza.

    Pronouncements of several Israeli politicians, who openly called for extermination of Palestinians, have added to the fears of a genocide in Gaza.

  • Russia calls for collective action to end fighting between Israel, Hamas

    Russia called for "collective action" to end fighting between Israel and Hamas, including an international conference, almost a month into...

    Russia maintains ties with both Hamas and Israel and has said it can mediate the conflict.

    Russia supports calls for collective action to de-escalate the situation in the Middle East and that it was in favour of a “multilateral approach” in regulating the conflict.

  • Over 60% of employment lost in Gaza since start of current conflict

    Beirut, Lebanon -- At least 61 per cent of employment, equivalent to 182,000 jobs, has been lost in the Gaza...

    The total estimated 390,000 job losses in the two areas that comprise the Occupied Palestinian Territory translate into daily labor income losses of $16 million.

    Gazans have long grappled with persistently high rates of poverty, vulnerability and one of the highest unemployment rates in the world, which stood at 46.4 per cent in Q2.

  • Saudi Arabia launches second phase of Visiting Investor Visa

    RIYADH, SAUDI ARABIA – The Kingdom’s ministry of investment and ministry of foreign affairs launched the second phase of issuing...

    This service is offered to foreign investors as part of the Kingdom’s efforts to boost investment, consistent with Saudi Vision 2030.

    The booking platform is affiliated with the Ministry of Investment “Invest Saudi,” through which the application will be processed.

  • Diversification remains crucial for oil-rich nations

    Combating climate change demands global collaboration and collective action, European Commissioner for Cohesion and Reforms Elisa Ferreira tells TRENDS in...

    Combating climate change demands global collaboration and collective action, European Commissioner for Cohesion and Reforms Elisa Ferreira tells TRENDS in an interview

    She highlights the need for a global sustainability approach, emphasizing localized transitions, inclusivity, and the urgency of shifting to sustainable development

  • US encouraging Israel to kill and carry out cruel acts against Palestinians: Raisi

    Tehran, Iran--Iranian President Ebrahim Raisi on Monday accused the United States of "encouraging" Israel to kill and carry out "cruel...

    Raisi said crimes carried out by Israel against Palestinians are a genocide with the support of the United States and certain European countries

    The Islamic republic financially and militarily backs Hamas but insists it had no involvement in the Palestinian Islamist group's attacks on Israel

  • Heads of UN agencies urge Gaza ceasefire in rare joint statement

    The heads of 18 organizations including UNICEF, the World Food Program and the World Health Organization described the horrific toll...

    In Gaza, the UN statement said, "an entire population is besieged and under attack, denied access to the essentials for survival"

    The UN leaders said more food, water, medicine and fuel must be allowed into Gaza to help its besieged population

  • In Ankara, Blinken tries to soothe strategic ally Turkey’s anger

    Blinken's first visit since Israel went to war with Hamas in reprisal for the militants' October 7 attack comes with...

    Blinken's visit to Turkey comes amid fury at both Israel and the West boiling over on the streets of Turkey and in the palace of President Recep Tayyip Erdogan

    Police used tear gas and water cannon to disperse hundreds of protesters who marched on an air base housing US forces in Turkey's southeast