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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.
  • Countries pledge to raise $12 billion to help coral

    The pledge comes with coral around the world under particularly acute stress because of record warm seas this year.

    Marine heatwaves -- episodes of abnormally high water temperatures -- have become more frequent and intense.

    Oceans have absorbed 90 percent of the excess heat produced by human activity since the dawn of the industrial age, according to scientists.

  • Turkey arrests dozens in raids after Ankara attack

    The raids across a swathe of Turkey's predominantly Kurdish southeast came two days after a branch of the PKK --...

    Interior Minister Ali Yerlikaya said security services had detained 67 "terrorist organization members" across 16 provinces

    Turkey on Sunday also launched air strikes against suspected PKK rear bases in the mountains of northern Iraq

  • ‘Left to die’: report exposes horrors at Syria army hospital

    Sick prisoners sent from detention facilities to the capital's Tishreen Military Hospital for treatment rarely received any medical attention, according...

    The latest ADMSP report is based on interviews with 32 people including former detainees, security personnel and medical staff, as well as leaked documents

    According to the report, inmates who died in custody from torture or poor conditions, particularly at Sednaya, were taken to the Tishreen hospital and then to "mass graves"

  • Growing IT outlays intensify MENA’s transformation

    The region's IT spending is set to rise by 4% to $183.8 billion in 2024, with software and IT services...

    The region's IT spending is projected to rise by 4% to $183.8 billion in 2024, with software and IT services witnessing double-digit growth

    This surge aligns with the MENA region's push for digital transformation, enhanced cybersecurity, and a focus on generative AI initiatives

  • EU seeks to protect sensitive tech from Chinese buyers

    Brussels is creating a trade armory to protect the bloc from actions by rival countries, including a tool aimed at punishing...

    EU Commission will publish a list of critical technologies it believes Europe must not make easily available to others

    MEPs will also quiz the commission about the EU's relations with China after a visit by trade commissioner to China

  • Second Israeli minister in Saudi Arabia amid talk of normalization

    Amid mounting speculation that Saudi Arabia and Israel will normalize ties, the minister traveled to Riyadh for a meeting of...

    Shlomo Karhi is heading a 14-member delegation, including lawmaker David Bitan and representatives of the foreign ministry

    The White House said last week that Saudi Arabia and Israeli were moving towards the outline of a deal to normalize ties

  • GCC FTA, tech MoU enhance Pakistan-Saudi relations

    In landmark developments, Saudi Arabia and Pakistan have taken significant strides to enhance their bilateral relations, especially in the economic...

    In landmark developments, Saudi Arabia and Pakistan have taken significant strides to enhance their bilateral relations, especially in the economic and technological arenas.

    The GCC and Pakistan signed a historic Free Trade Agreement and MoU, deepening bilateral relations between the two nations from trade to digital transformation and defense

  • Dubai must possess its distinct emblem, says new decree

    Dubai, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No....

    The law says emblem can be utilized across various government facilities, documents, websites, and during government events

    Private entities may also utilize it, provided they obtain prior approval from the Dubai Ruler or his representative

  • Oil industry is an integral part of climate solutions, says COP28 head

    President of the upcoming COP28 climate talks Sultan Al Jaber, also the head of UAE state-owned oil firm ADNOC, told...

    The president of the upcoming COP28 urged oil industry leaders to curb emissions associated with energy production.

    He also encouraged them to embrace "low carbon solutions" like carbon capture and storage,

  • mRNA COVID vaccine experts awarded Nobel Medicine Prize

    Kariko, 68, and Weissman, 64, longstanding colleagues at the University of Pennsylvania in the US, have won a slew of...

    While the prizewinning research dates back to 2005, the first vaccines to use the mRNA technology were those made by Pfizer/BioNTech and Moderna against Covid-19.

    The mRNA vaccines, together with other COVID vaccines "have saved millions of lives and prevented severe disease in many more," the jury said