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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

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.
  • Iraqi Prime Minister to visit Moscow for talks with Russian president

    Baghdad, Iraq - Iraqi Prime Minister Mohammed Shia Al-Sudani is scheduled to embark on a two-day visit to Moscow from...

    Prime Minister Al-Sudani is set to leave Iraq on October 9, with a planned meeting between him and President Putin on October 10

    Iraqi state media previously reported that the trip would serve as an opportunity to strengthen ties and foster collaboration between the two nations

  • Iran condemns Britain for criticism of satellite launch

    Last week, the Islamic republic said it had successfully launched the Noor-3 imaging satellite by its three-stage Qassed rocket, in...

    Britain slammed Iran for what it termed as disregard of international restrictions

    Iran hit back on Wednesday, denouncing the British statement as "interventionist"

  • Israeli minister’s historic address in Saudi Arabia marks diplomatic turning point

    Riyadh, Saudi Arabia - In a historic diplomatic event, Israeli Communications Minister Shlomo Karhi delivered a speech in Saudi Arabia...

    Karhi, dressed in a blue suit and a crocheted skullcap, addressed the audience in English from his seat, holding a handheld microphone

    US Secretary of State Antony Blinken is reportedly scheduled to visit Israel and the West Bank, indicating the continued commitment to the diplomatic process

  • Turkey threatens to expand strikes in Iraq and Syria after Ankara attack

    A branch of the Kurdistan Workers' Party (PKK) -- listed as a terror group by Turkey and its Western allies...

    Foreign Minister Hakan Fidan said that the two terrorists came from Syria and were trained there.

    Police shot dead one of the assailants while the other died in an apparent suicide blast outside Turkey's interior ministry.

  • Saudi Arabia announces bid to host World Cup in 2034

    The bid "intends to deliver a world-class tournament and will draw inspiration from Saudi Arabia's ongoing social and economic transformation...

    Sport is a major component of Crown Prince Mohammed bin Salman's Vision 2030 reform agenda, which aims to transforms Saudi Arabia into a tourism and business hub.

    In the coming weeks, the kingdom is set to host the final LIV Golf League tournament of the regular season and a boxing match featuring Anthony Joshua.

  • Iran plays down football spat with Saudi Arabia, says ties improving

    Tehran, Iran - Iran's top diplomat on Wednesday played down a spat with Saudi Arabia that prompted the cancelation of an...

    Al Ittihad had refused to take to the pitch for their away game against Iran's Sepahan FC in protest at the statue of assassinated Revolutionary Guards commander Qasem Soleimani.

    The Asian Football Confederation later confirmed that the fixture had been cancelled "due to unanticipated and unforeseen circumstances".

  • UAE and Brazil discuss boosting trade, energy, strategic ties

    Brasilia, Brazil-- The UAE and Brazil have explored opportunities to develop cooperation in trade, energy and climate issues in a...

    The two ministers touched on bilateral relations and ways to promote them as part of the strategic partnership between the two countries

    They also discussed the cooperation between the UAE and Brazil within the framework of BRICS following the UAE joining the bloc

  • Jazan City for Primary and Downstream Industries exports first shipment to US

    JAZAN, SAUDI ARABIA - The Jazan City for Primary and Downstream Industries has marked a significant milestone with the departure...

    The ship is laden with 37,000 tons of iron steel foundry product, representing the first-ever production of this commodity within the Kingdom.

    The city's port has extensive capabilities and advanced logistical transportation services, making it a hub for trade exchanges in Saudi Arabia.

  • Yemen economy tanks as peace talks make no headway, say NGOs

    "While economic challenges are rife across the country, rising inflation and the deterioration of public services are making life unbearable,"...

    Power cuts in Aden can last 17 hours a day and more than 50 percent of households in government-held areas cannot meet basic food requirements.

    The World Food Program warned in August that more than four million Yemenis would receive less food assistance from the end of September.

  • Qatar begins construction on North Field gas expansion

    RAS LAFFAN, QATAR - Qatar's state-owned energy giant began construction on Tuesday on a project to expand production from the world's...

    There has been mounting demand for Qatari gas as European consumer nations have scrambled to replace lost Russian deliveries.

    Qatari Energy Minister Saad al-Kaabi called the project a "leap towards our country's leadership in the field of energy".