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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

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.
  • Musk says Starlink internet to support Gaza’s ‘recognized’ aid groups

    Paris, France - Billionaire Elon Musk said on Saturday that his Starlink satellite service would support internet access for "internationally recognized...

    "Starlink will support connectivity to internationally recognized aid organizations in Gaza, "Elon Musk wrote on X, formerly Twitter, which he also owns.

    Starlink is a network of satellites in low Earth orbit that can provide internet to remote locations, or areas that have had communications infrastructure disabled.

  • Israeli settler kills a Palestinian in West Bank

    Nablus, Palestinian Territories - One Palestinian was killed on Saturday by an Israeli settler near the northern city of Nablus in...

    Bilal Abu Salah, 40, was "shot in the chest by a settler" in the village of Sawiya near Nablus, a Palestinian health ministry statement said.

    An official told AFP that Abu Salah was killed while he was harvesting olives with other members of his family.

  • Scene is worse than an earthquake, say residents as Israel hammers Gaza

    After air strikes and artillery fire rained down for hours overnight, much of the Gaza Strip has become an indistinguishable...

    The destruction followed an announcement from the Israeli military that its forces had expanded operations in Gaza.

    A food rations distribution center in Gaza run by the UN agency for Palestinian refugees was looted.

  • Hamas seeks to let go Russian-Israeli hostages, says Russian media

    Hamas is trying to locate eight Russian-Israeli dual citizens among nearly 230 taken hostage during its members' attack on Israel...

    "From the Russian side, via the foreign ministry, we received a list of citizens that have dual citizenship," senior Hamas representative Moussa Abu Marzook said.

    The Kremlin admitted earlier this week it had not succeeded in freeing Russian hostages and that it did not know how many of its citizens had been taken.

  • Iran, Russia to invest $38bn in developing INSTC

    TEHRAN, IRAN – The Iranian head of Solyanka Port in Russia said that the International North-South Transport Corridor (INSTC) is a...

    The Iranian head of Solyanka Port spoke of the measures taken by the Islamic Republic of Iran Shipping Line (IRISL ) to develop the INSTC route.

    The IRISL group purchased 30 rail wagons, 5,400 containers and ordered the construction of 21 equipped vessels for strengthening maritime routes.

  • 32 killed in fire at ArcelorMittal mine in Kazakhstan

    KARAGANDA, KAZAKHSTAN - A fire at a mine in Kazakhstan owed by steel giant ArcelorMittal killed 32 people on Saturday, with...

    The fire was Kazakhstan's worst mining accident since 2006, when 41 miners died at an ArcelorMittal site.

    The company said 252 miners have been brought out from underground and that rescue operations were ongoing.

  • Skirmishes on Israel-Lebanon border displace thousands

    The International Organization for Migration said in an update that 28,965 people have been displaced, mainly in the country's south,...

    Many displaced people are living in makeshift shelters in the southern Lebanon's larger towns

    Some 58 people have been killed in the cross-border exchanges of fire, most of them Hizbollah fighters

  • US, China agree to work towards Biden-Xi meeting next month

    With the Israel-Hamas conflict raging in the Middle East, Biden also "underscored that the United States and China must work...

    Biden has invited Xi Jinping to San Francisco in November for the Asia-Pacific Economic Cooperation (APEC) summit, amid tense relations with China

    A senior administration official said the White House was leaving it to Beijing to confirm that Xi would come but "we are making preparations for just such a meeting."

  • US supports ‘humanitarian pauses’ to let aid into Gaza

    White House National Security Council spokesman John Kirby said the US supports pauses in Israel's war against Hamas in order...

    His comments came after EU leaders demanded "humanitarian corridors and pauses" in the conflict

    In the meantime the Israeli army said it would extend ground operations in the Gaza Strip on Friday

  • AI revolutionizes real estate across GCC countries

    Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler...

    Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.

    AI helps tenants find perfect homes, introducing dynamic pricing based on various factors, while data privacy concerns persist in its real estate integration, he adds.