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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.
  • Israeli-Palestine war: US president calls Saudi Crown Prince

    Riyadh, Saudi Arabia - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and US President Joe Biden discussed...

    Prince Mohammed underlined the necessity of immediate work to explore means of halting the military operations

    He highlighted rejection of the targeting of civilians in any form as well as the targeting of infrastructure and vital facilities

  • 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

  • UN chief denounces Israel, calls Gaza shelling as violation of law

    United Nations, - UN Secretary-General Antonio Guterres on Tuesday alleged violations of international law as Israel pounds Gaza, and urged...

    Guterres, who personally traveled to the crossing between Egypt and Gaza in a push to let in assistance, welcomed the crossing of three aid convoys

    "But it is a drop of aid in an ocean of need. In addition, our UN fuel supplies in Gaza will run out in a matter of days. That would be another disaster," Guterres said

  • ‘They treated us gently’: freed Israeli hostage recounts Gaza captivity

    Tel Aviv, Israel - Yocheved Lifshitz "went through hell" when abducted by Hamas, the 85-year-old Israeli said Tuesday, recounting her experience...

    Lifshitz said she had been left in a hall with about 25 other hostages and then taken to a separate room with four other people from Nir Oz

    "They treated us well," she told reporters, saying a doctor visited the hostages every two to three days and provided medicine

  • Iran’s Raisi says Muslim disunity enabled Israeli ‘aggression’

    "A united and unified position in the Muslim world could have prevented the oppression and aggression of the Zionist regime...

    He made the remarks while receiving the credentials of the new Saudi ambassador to Tehran, Abdullah bin Saud al-Anazi.

    Iran and Saudi Arabia broke off diplomatic ties seven years ago, amid an escalating geopolitical rivalry, but in March they signed a China-brokered deal to restore relations.

  • Saudi exports, services grow by 135% in Q2: Economy Minister at FII7

    Riyadh, Saudi Arabia -- Saudi Arabia's Minister of Economy and Planning, Faisal F Alibrahim said Tuesday the Kingdom saw a...

    Speaking at the seventh Future Investment Initiative forum in Riyadh, Alibrahim said Saudi Arabia is seeing a diverse range of sectors fueling non-oil activity growth.

    He said the Kingdom provided one of the most investment-friendly environments in the form of cost-effective and clean energy, legislations and manpower.

  • China’s top diplomat to pay rare US visit ahead of potential Xi trip

    Wang "will conduct in-depth exchanges of views with US leaders on China-US relations and international and regional issues of common...

    A senior US official said the trip was part of efforts between the world's two largest economies to "responsibly manage our competition."

    Beijing Tuesday confirmed the dates of the visit and expressed the hope it would help put strained ties "back on track."

  • Gaza war sparks Arab fears of new Palestinian displacement

    "That's how the Nakba started," says the Gaza-based rights group Al Mezan, reflecting regional suspicions that Israel is planning to...

    Egypt fears that throwing open the gates could facilitate Israeli plans for a forced mass eviction of Palestinians, many of whom are now homeless, sleeping in the open

    Egyptian President Abdel Fattah al-Sisi has stressed that Israel as an occupying force has responsibility for Palestinian civilians under international law

  • French President Macron arrives in Israel on solidarity visit

    The French head of state was also due to meet Israeli President Isaac Herzog, as well as opposition leaders Benny...

    Macron was due to meet Israeli Prime Minister Benjamin Netanyahu to express France's "full solidarity" with Israel after that attack, the French presidency said

    He is expected to call for the "preservation of the civilian population" in Gaza, amid Israel's relentless bombardment, and as it prepares for a ground invasion

  • UN General Assembly to discuss Israel-Hamas war on Thursday

    Many states including Jordan on behalf of an Arab group of nations, Russia, Syria, Bangladesh, Vietnam and Combodia formally requested...

    Five of the 15 member states had supported the text, which condemned all violence against civilians

    US vetoed a second resolution put forward by Brazil as the text did not mention Israel's right to defend itself