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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.
  • Don’t pause Mideast de-escalation over war, says UAE official

    Dubai, UAE - Middle East powers should maintain their push to de-escalate the region through trade and economic ties despite the...

    According to UAE presidential adviser Anwar Gargash, countries should maintain that strategy even though the war is sending shockwaves through the region.

    "National actors are basically trying to use economics as a way to de-escalate tension," Gargash told the World Policy Conference in Abu Dhabi,

  • Thousands rally in Berlin to support Palestinian civilians

    Berlin, Germany - Thousands took to the streets of Berlin on Saturday in solidarity with Palestinians in Gaza amid ongoing bombardments...

    "We estimate the number of demonstrators at around 3,500, but more are arriving," a police spokeswoman told AFP.

    "Save Gaza", "Stop genocide" and "Ceasefire" were emblazoned on marchers' placards, according to AFP journalists.

  • Israeli strike on UN school in Gaza kill 15 Palestinians, says Hamas

    The health ministry in Hamas-run Gaza said at least 15 people were killed when a UN school sheltering thousands of...

    There was no immediate comment from the Israeli military about hitting the school in Jabalia refugee camp

    The United Nations agency for Palestinian refugees said its school is being used as a "shelter for displaced families".

  • Erdogan says severing all contact with Israeli PM Netanyahu

    Erdogan said that Turkey was not breaking off diplomatic relations with Israel. "Completely severing ties is not possible, especially in...

    "Netanyahu is no longer someone we can talk to. We have written him off," Turkish media quoted Erdogan as saying.

    Earlier, Israel said it was "re-evaluating" its relations with Ankara because of Turkey's increasingly heated rhetoric about the Israel-Hamas war

  • QatarEnergy inks second 27-year gas supply deal with China’s Sinopec

    DOHA, QATAR - Qatar has agreed to supply Sinopec with natural gas for 27 years, the Gulf emirate's state-owned energy company said...

    Doha will supply three million tonnes of gas a year to Sinopec under the deal.

    Asian countries led by China, Japan and South Korea are the main market for Qatar's gas.

  • Israeli army targets Hizbollah post in Lebanon after cross border firing

    Jerusalem - The Israeli military said on Saturday it had struck "two cells" and a Hizbollah post in response to...

    The Israeli military said it had also responded to mortar fire from Lebanon into northern Israel, where no casualties were reported.

    The Lebanon-Israel border has also been a scene of regular cross-border shelling over the past month, with firing between the Israeli military and Hizbollah

  • Global energy meet discusses way forward to net-zero emissions

    VIENNA, AUSTRIA – High-level representatives from the member states of the United Nations Industrial Development Organization (UNIDO), international organizations, experts...

    The two-day forum showcased innovative technologies and transformative solutions to accelerate low-emission, climate-resilient development.

    The international event aimed to foster new partnerships to scale up investments and technology transfer to developing countries.

  • UN rights body head criticizes rising hate sparked by Israel-Hamas war

    The UN human rights chief said that he was absolutely "disgusted" by the "sharp rise in hatred globally" since the...

    "The impact of this crisis... has sent shockwaves across every region, dehumanising both Palestinians and Jews," the UN rights chief said.

    The world has witnessed a sharp spike in hate speech, violence and discrimination, deepening social fractures and polarization, he said.

  • Israel ‘significantly refined’ battle plans against Hamas after talks with US

    Tel Aviv, Israel - A senior Biden administration official revealed that Israel has made significant adjustments to its military strategy...

    The senior official, who spoke on the condition of anonymity, acknowledged that Israel had reworked its initial military plan

    The senior official asserted that advocating for a ceasefire might not be the most suitable policy for the United States to pursue at this stage

  • Israel Foreign Ministry denies relations with Bahrain cut off

    Dubai, UAE-- A day after Bahrain's parliament announced that its ambassador to Israel is being recalled, the Jewish state said...

    Israel has not received any “announcement or decision from the Bahraini government, according to its Foreign Ministry

    Bahrain said on Thursday that the Israeli ambassador had left Bahrain, while its ambassador has been recalled from Israel