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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.
  • Treaty on strategic partnership between Russia and Iran 85% ready: Lavrov

    Tehran, Iran--A treaty on comprehensive strategic partnership between Russia and Iran is about 85 percent ready, Russian Foreign Minister Sergey...

    Lavrov said the work on the treaty is at an advanced stage with several issues yet to be agreed upon, and that negotiations are going on

    Iran hosted the meeting on the South Caucasus in Tehran, attended by foreign ministers of Russia, Turkey, Azerbaijan, Iran, and Armenia

  • US troops again deploy east of Mediterranean, 40 years after Beirut airport bombing

    Beirut, Lebanon - US troops have been redeployed to the eastern Mediterranean, forty years after one of the deadliest attacks...

    On October 23, 1983, a suicide bomber targeted an American military barracks at Beirut International Airport, resulting in the loss of 241 US service members, primarily Marines

    The recent deployment of US forces in the eastern Mediterranean, including the aircraft carrier USS Gerald R. Ford and other warships, is widely viewed as a message to Iran

  • UAE and Canada review bilateral ties at first joint-committee meeting

    Abu Dhabi, UAE-- The UAE and Canada have reviewed bilateral ties at the first joint committee meeting in Abu Dhabi...

    Both sides highlighted the importance of the inaugural joint committee meeting for ramping up collaboration between the two countries to achieve shared goals

    The two sides discussed cooperation across a range of fields, including defense and security, climate change, food security, trade and investment, innovation, and education

  • UN rights chief calls for ‘immediate ceasefire’ in Gaza

    Volker Turk exhorted for a ceasefire as the first step in order to save the lives of civilians through the...

    The Gaza Strip is suffering from severe shortages of water, electricity, fuel and food

    More than 5,000 people have been killed in the enclave in Israel's bombing campaign

  • Funding key challenge for Middle East innovators

    Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking...

    Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking a more supportive ecosystem

    Startups struggle to monetize intellectual property, and despite universities' support to develop IPs, the main challenge for them is achieving sustainability and profitability

  • Putin calls for ‘unhindered access’ for humanitarian aid into Gaza

    MOSCOW, RUSSIA - Russian President Vladimir Putin called on Monday for "unhindered access" for humanitarian aid to enter Gaza, in a...

    The United Nations says Gaza needs about 100 aid trucks a day to meet the needs of its 2.4 million people, nearly half of whom have been displaced.

    The US has vowed to ensure a "continued flow" of relief items into Gaza, where Israel has cut off most water as well as food, power and fuel supplies.

  • Erdogan submits Sweden’s NATO bid to Turkish parliament

    Turkey and Hungary are the only NATO members yet to ratify Sweden's membership request, which came after Stockholm dropped its...

    NATO chief Jens Stoltenberg on Monday urged a quick vote by Turkey's parliament to approve Sweden's membership.

    Erdogan has put pressure on Sweden to take measures over Quran burnings at protests in the country that have angered many in Muslim countries.

  • Total of 52 MoUs signed in Saudi-Korean Investment Forum

    RIYADH, SAUDI ARABIA – A total of 52 memorandums of understanding (MoUs) were signed at the Saudi-Korean Investment Forum here....

    The private sector inked 48 MoUs in sectors ranging from transportation, tourism, energy, technology, infrastructure and cybersecurity.

    The pacts aim to enhance investments between Saudi Arabia and South Korea which reflect the efforts towards collaboration between the two nations.

  • Over 5,000 Palestinians killed in relentless Israeli bombardments

    There have also been increasing cross-border exchanges of fire along Israel's northern border with Lebanon, between Israeli troops and Hezbollah,...

    Gaza's Hamas government said Israeli strikes overnight killed more than 60 people, including 17 in a single strike on a house in Jabaliya, in northern Gaza.

    The United States has vowed to ensure a "continued flow" of relief goods into Gaza, where Israel has cut off most water as well as food, power and fuel.

  • GCC unified tourist visa to be introduced within 2 years, says UAE minister

    ABU DHABI, UAE – Emirati Minister of Economy Abdullah bin Touq Al Marri has announced that the Gulf Cooperation Council...

    The new visa will open doors to travelers, granting them access to six countries under a single, unified tourist visa.

    The minister said the UAE is getting ready to welcome the new flow of international tourists with the new unified visa.