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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.
  • Egypt, Israel to allow US citizens to leave Gaza via Rafah crossing

    Riyadh, Saudi Arabia - Egypt and Israel have agreed to let US citizens leave the Gaza Strip through the Rafah crossing...

    The official said that 500-600 US citizens in the Gaza Strip had reached out for information on leaving the hemmed in territory.

    US officials earlier had voiced interest in letting people flee to Egypt but backtracked after seeing limited support in the region.

  • Israel refuses to give more time for Gaza evacuation

    Jerusalem - The Israeli military said on Saturday that Gaza City residents must not delay their departure before a military...

    Israel has faced calls from the United Nations, United States and European Union to delay an expected full offensive to give civilians time to leave.

    The Israeli military has indicated that Gaza city will be the focus of its operations because this is the base for the Hamas leadership.

  • WHO transports Gaza aid to Egypt, waits for humanitarian access

    Geneva, Switzerland - The World Health Organization said on Saturday enough basic health supplies to serve 300,000 people in the Gaza...

    The WHO supplies include enough medicines to treat 1,200 wounded patients and 1,500 patients suffering from various diseases.

    The supplies were ready to go in once humanitarian access could be established through the Rafah crossing from Egypt into the southern Gaza Strip.

  • IMF agrees on rise in funding, extra Africa board seat

    The IMF announced member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third...

    The quotas, which are based on the size of a country's economy, determine how much funding a nation should provide to the IMF.

    IMF chief Kristalina Georgieva and World Bank President Ajay Banga used this week's meetings to urge members to step up funding.

  • UAE, South Korea ink MoU to enhance air transport relations

    ABU DHABI, UAE - The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA), has signed a Memorandum...

    This MoU includes an agreement to increase the number of national carrier flights between the two countries to 21 flights per week.

    The signing of this MoU followed discussions held in Seoul on October 12 and 13, 2023, with representatives from both countries' aviation sectors.

  • More than 1,300 buildings destroyed in Gaza: UN

    Prime Minister Benjamin Netanyahu has said the bombardment is "just the beginning" as Israel seeks to retaliate against Hamas after...

    UN's humanitarian agency said "5,540 housing units" in those buildings were destroyed and nearly 3,750 more homes were so badly damaged they were uninhabitable

    At least 1,900 Gazans -- most of them civilians and including more than 600 children -- have been killed in missile strikes on the densely populated enclave

  • Prepared for action against Israel when time comes: Hezbollah

    Hezbollah deputy chief Naim Qassem spoke as Hamas and Israel traded heavy fire for a seventh day, after hundreds of Hamas...

    A Reuters journalist was killed and six others were wounded in southern Lebanon in cross-border shelling

    In Beirut on Friday, more than 1,000 Hezbollah supporters rallied for Gaza, carrying Palestinian flags

  • UN chief stresses ‘even wars have rules’ as Israel bombs Gaza

    Describing the situation in Gaza as having reached a dangerous new low, UN Chief Antonio Guterres said that there was...

    Close to 1,900 people in Gaza have been killed in the waves of missile strike by Israel

    The secretary general exhorted all parties to do everything possible to achieve these steps

  • Protesters in New York call for a ‘free Palestine’

    Calling for an end to "Israeli occupation" and the "liberation" of the Palestinian territories, protesters took up multiple blocks in...

    In Brooklyn, dozens of protesters were arrested on Friday night as they held a sit-in blocking traffic after demonstrating in front of the home of Chuck Schumer, a Democrat

    Called by the organization Jewish Voice for Peace, which has urged elected officials to stop genocide against Palestinians in Gaza, the protest drew a mass of protesters

  • Saudi Arabia puts normalization talks with Israel on hold: reports

    Riyadh, Saudi Arabia - Saudi Arabia has reportedly decided to suspend peace talks with Israel and the United States, Bloomberg...

    Although the talks have not been terminated, they are temporarily frozen until the violence in the region subsides, reports said

    Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman, also engaged in a conversation with Iran's president this week