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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.
  • Rights group urges justice an year after Iran’s ‘Bloody Friday’

    Paris, France - Campaign groups on Saturday demanded the perpetrators of the killing of dozens of protesters in southeast Iran one...

    Reportedly, Iranian forces used live fire to suppress a protest on 30 September. 2022 which resulted in death of 104 people.

    Also known as "Bloody Friday", the day is considered the single deadliest day of months-long protests that erupted in Iran last year.

  • Fourth soldier dead due to Houthi attack, says Bahrain

    Manama, Bahrain - A fourth Bahraini soldier has died after an attack this week on his country's contingent in the Saudi-led...

    First Lieutenant Hamad Khalifa al-Kubaisi had on Friday "succumbed to serious injuries as a result of the treacherous Houthi attack", Bahrain said.

    Bahrain had previously announced the deaths of three of its soldiers in Monday's attack near the Saudi border with Yemen.

  • IMF approves $1.3bn for Morocco to help transition to a greener economy  

    WASHINGTON, US - The International Monetary Fund (IMF) Executive Board approved a Resilience and Sustainability Facility (RSF) for Morocco of...

    The arrangement will help Morocco strengthen its preparedness and resilience against natural disasters, including from climate change.

    The 18-months arrangement, "Will help Morocco address climate vulnerabilities, bolster its resilience against climate change,” the IMF said.

  • The many ways US government shutdown affects people

    WASHINGTON, US - The United States is heading toward a government shutdown this weekend with no foreseeable way out of a...

    Sharp disagreements in the Republican Party has prevented passage of the bills needed to keep the government funded and open.

    The credit ratings agency Moody's warned this week that a shutdown would be "credit negative" for US sovereign debt.

  • Iran proposes to Saudi Arabia to set up working group for visa cancellation

    Riyadh, Saudi Arabia--Iran has proposed to Saudi Arabia to set up a working group to look into the idea of...

    The idea of visa cancellation was put forward by Iranian deputy tourism minister while visiting Saudi Arabia

    Iran and Saudi Arabia in March agreed to a Chinese-brokered deal to revive relations after years of hostility

  • Israel, Saudi moving towards ‘framework’ for deal: US

    According to National Security Council spokesman John Kirby, a basic framework has been hammered out by all sides that could...

    The kingdom's Crown Prince Mohammed bin Salman recently said that the two sides were getting closer to a deal

    Saudi Arabia has been seeking security guarantees, including reportedly a treaty, with the United States in return

  • BRICS group poised to shape global economy’s future

    “This potential is further amplified by its vast human resources, and cutting-edge technological and industrial capabilities,” he adds, emphasizing that...

    BRICS, representing one-third of the world's total GDP, has immense potential to tackle global challenges like climate change and energy security

    The UAE prioritizes diplomatic efforts for regional and global stability, with initiatives such as the Abraham Accords and Human Fraternity Document

  • US to auction three new oil and gas leases in the Gulf of Mexico

    WASHINGTON, US - President Joe Biden's administration on Friday announced it would auction three new oil and gas leases in the...

    The move triggered a furious reaction from environmental groups who said the move would accelerate climate change.

    The action was denounced by advocates of the fossil fuel industry as it reduced the number of lease sales planned by previous US administration.

  • 1bn tons of food wasted every year while 783m people face hunger: FAO

    Rome, Italy - The UN Food and Agriculture Organization (FAO) and the UN Environment Program (UNEP) said one billion tons...

    The agencies said that stopping food loss and waste boosts food security, saves resources and helps reduce our carbon footprint.

    Both the bodies called for urgent action from the public and private sector as well as consumers to save and preserve food

  • India space chief unfazed by Moon mission’s apparent end

    New Delhi, India - As hopes dim of further contact with India's Moon rover, the country's space chief has said he...

    Rover Pragyan -- "Wisdom" in Sanskrit -- surveyed the vicinity of the Moon's south pole but was powered down before the start of lunar night

    "It is OK if it does not wake up because the rover has done what it was expected to do," ISRO chief S. Somanath told reporters late Wednesday