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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.
  • Turkey says ‘terrorist attack’ took place in Ankara

    The ministry said two attackers arrived in a commercial vehicle around 9:30 am (0630 GMT) "in front of the entrance...

    The targeted district is home to several other ministries and the Turkish parliament, which was due to reopen today with an address from President

    TV channel reported gunfire in the cordoned-off district, where emergency services were in attendance, nobody immediately claimed the attack

  • Libya’s eastern govt postpones Derna reconstruction conference

    The conference was put off until November 1-2 to "offer time for the submission of effective studies and projects" for...

    The authorities later said that the conference would draw in international corporations, and on Sunday the committee said the postponed event would be held in Derna and Benghazhi.

    Libya is divided between an internationally recognized Tripoli-based administration in the west, and the one in the flood-stricken east backed by military strongman Khalifa Haftar.

  • Afghan embassy in India suspends operations

    Most foreign nations -- including India -- do not officially recognize Afghanistan's Taliban government but acknowledge them as the de...

    India will take control of the Afghanistan embassy in a caretaker capacity, said an embassy statement posted on social media

    The unsigned statement said it had been "increasingly challenging" to continue operations due to cuts in staff and resources

  • UAE and Barbados look to deepen trade, energy ties

    Bridgetown, Barbados-- The UAE and Barbados have discussed prospects for bolstering bilateral cooperation, particularly in climate action and renewable energy,...

    The UAE foreign minister and Barbados PM discussed mechanisms of joint cooperation across various sectors of economy, tourism and trade

    Sheikh Abdullah bin Zayed's tour looks to show UAE’s keenness to strengthen friendly relations with the countries of Latin America and the Caribbean,

  • Israeli forces kill Palestinian in West Bank: ministry

    Palestinian official news agency Wafa reported that Israeli forces had fired "live bullets and tear gas canisters at several young...

    The ministry identified the teenager as 16-year-old Milad Munther al-Raee who was killed at the entrance to Al-Arroub refugee camp

    The Israeli military said "terrorists hurled molotov cocktails" at soldiers who were at a military post adjacent to the camp

  • China rejects US disinformation accusations, calls Washington ’empire of lies’

    Beijing, China - China on Saturday accused the United States of being an "empire of lies", hitting back after a State...

    The report, released Thursday by the US State Department's Global Engagement Center, accused China of financing propaganda, disinformation.

    "It is the U.S. that invented the weaponizing of the global information space," a Chinese foreign ministry spokesperson said in a statement.

  • UN conference adopts plan to reduce harmful chemicals

    PARIS, FRANCE - A new roadmap to reduce the environmental risks from chemicals and waste was adopted at a United Nations...

    The plan sets out 28 concrete targets and guidelines for key sectors across the entire lifecycle of chemicals, from production to waste.

    It calls for a transition to more sustainable chemical alternatives, responsible management of chemicals in industry, agriculture and healthcare.

  • Libya resumes flights to Italy after nearly 10 years of EU ban

    Tripoli, Libya - A Rome-bound aircraft departed on Saturday from Libya's capital, restarting flights to Italy after a nearly decade-long suspension...

    The European Union in 2014 halted flights operated by Libyan airlines and banned them from entering member states' airspace

    Restarting flights is "part of intensive government efforts to lift the European ban on Libyan civil aviation", said Libya's UN-recognized government

  • ADB capital reforms unlock $100bn to support Asia and the Pacific region

    MANILA, PHILIPPINES - The Asian Development Bank (ADB) approved capital management reforms that unlock US$100 billion in new funding capacity...

    The expansion of available funds will be further leveraged by mobilizing private and domestic capital required to tackle the climate crisis.

    The reforms also create a Countercyclical Lending Buffer to support ADB developing member countries facing unexpected crises.

  • At $75bn, Saudi defense budget beats several European countries in 2022

    Last year, Saudi Arabia led the Middle East in military investments, ranking fifth globally with a defense budget of $75...

    Qatar's military expenditure reaches $15.4 billion, ranking close to the Netherlands

    The United States remains the global leader with $877 billion in military spending