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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.
  • Around 1,500 bodies of Hamas fighters found in Israel: army

    Israel is reeling under a deadly attack by Hamas fighters who stormed the border fence under a barrage of rocket...

    The army had "nearly completed" evacuation of all the communities around the border, military spokesman Richard Hecht said

    Before dawn on Tuesday, the Israeli military struck what it said were Hamas targets in Gaza, especially in the Rimal neighborhood

  • ‘Currently no chance’ of prisoner swap with Israel: Hamas

    Potential talks on the fate of as many as 150 individuals held by Hamas gained greater urgency as the group...

    Discussions on the release of dozens of people had made "some headway," the source said

    Hamas had earlier said: "There is currently no chance for negotiation on the issue of prisoners

  • Israel-Hamas conflict sparks global economic anxiety

    With potential spikes in oil prices and uncertainty surrounding major projects like the IMEC, the world faces a complex economic...

    With the world grappling with economic challenges, the sudden escalation in the Middle East threatens to send oil prices skyrocketing

    Recent reports suggested that Saudi leaders were considering boosting oil production to foster better relations with Israel

  • Celebrities make Middle East peace appeals online

    Anguished at the horrifying images coming out of the Gaza Strip and Israel, celebrities like Madonna and Mark Ruffalo have...

    The appeal for peace from around the world comes at a time of upsurge in violence between Israel and Hamas

    Many feel only dialogue could end the dispute in the Middle East and a free homeland for Palestinians alongside Israel

  • Working to contain Israel-Gaza conflict: Saudi Arabia

    Saudi Crown Prince Mohammed bin Salman tells Palestinian President Mahmud Abbas that he was working to prevent an expansion of...

    The crown prince also spoke on the phone with Egyptian president and Jordan's king on the crisis

    According to many analysts, the Saudi-Israel normalisation deal has now been dealt a heavy blow by the fighting

  • Israel imposes total siege on Gaza after Hamas attack

    Israel imposed a total siege on the Gaza Strip and cut off the water supply as it kept bombing targets...

    Israeli Prime Minister Benjamin Netanyahu threatened that "what Hamas will experience will be difficult and terrible ... We are going to change the Middle East."

    Israel said it had called up 300,000 army reservists for its "Swords of Iron" campaign.

  • Saudi Arabia unveils roadmap to achieve 10-billion tree target

    Riyadh, Saudi Arabia -- Saudi Arabia has unveiled an ambitious roadmap to achieve its monumental goal of planting 10 billion...

    The roadmap outlines a plan for Saudi Arabia's various habitat zones to achieve maximum vegetation coverage.

    By 2030, the initiative aims to plant over 600 million trees, rehabilitating approximately 3.8 million hectares of land.

  • Saudi Arabia launches mechanism to advance global climate goals

    RIYADH, SAUDI ARABIA - The Clean Development Mechanism Designated National Authority (CDMDNA) announced on Monday the operation of Saudi Arabia's...

    Greenhouse Gas Crediting and Offsetting Mechanism will be accessible to all entities within the Kingdom.

    This step reflects the Kingdom’s role in addressing climate challenges and enabling institutions to tackle their emissions.

  • American economist Claudia Goldin awarded economics Nobel

    The 77-year-old Harvard professor, who is the third woman to be awarded the prestigious economics prize, was given the nod...

    Goldin said the prize was "important", but there are "still large" gender inequalities on the labor market.

    Goldin has "trawled the archives and collected over 200 years of data from the US," the jury said.

  • gaza, israel, oil, crude

    OPEC sees no peak in global oil demand on the horizon

    In its 2023 annual report, the Organization of the Petroleum Exporting Countries forecasts demand for crude to reach 116 million...

    According to OPEC, whose 13 member states include Saudi Arabia, the Gulf states and Venezuela, oil demand will be driven by emerging and developing nations.

    OPEC also backed developing technological solutions to reduce emissions, such as carbon capture and storage.