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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.
  • Lebanon forces rescue 27 Syrian migrants in sinking boat

    The navy, with support from the civil defense, "was able to rescue 27 illegal migrants aboard a rubber boat that...

    Also on Saturday, security forces said they arrested a Lebanese people smuggler and 42 Syrians as he was in a vehicle "filled with a large number of Syrians".

    Migrants seeking to reach Europe from Lebanon generally head for the east Mediterranean island of Cyprus 175 kilometers (110 miles) away.

  • Ethiopia resumes Nile dam talks with Egypt and Sudan

    Nairobi, Kenya - Ethiopia said Saturday that it has begun a second round of negotiations with Egypt and Sudan over a...

    Ethiopia this month announced the completion of the fourth and final filling of the Grand Renaissance Dam.

    Egypt and Sudan fear the massive $4.2-billion dam will severely reduce the share of Nile water they receive.

  • Pope says migrants not invaders, urges ‘wise foresight’ on issue

    Migration is "a reality of our times, a process that involves three continents around the Mediterranean and that must be...

    The pope's forceful interventions came as the migration debate has been stoked by mass arrivals on the Italian island of Lampedusa earlier this month.

    A French presidential official said that Macron and the pope had discussed migration in bilateral talks earlier.

  • Chinese President Xi Jinping declares biggest-ever Asian Games open

    Chinese President Xi Jinping opened the 19th Asian Games in a colourful ceremony in Hangzhou, launching a two-week sporting extravaganza...

    In front of Syrian President Bashar al-Assad and other visiting leaders, Xi officially opened the Games at the 80,000-capacity Hangzhou Olympic stadium.

    The theme of the ceremony was water and it also celebrated Hangzhou's ancient history and landscape.

  • Iraqi PM planning to visit Moscow in coming weeks: Foreign Minister

    Baghdad, Iraq -- Iraq is working to complete the necessary preparations for the visit of Prime Minister Muhammad Shiaa Al-Sudani...

    Foreign Minister Fuad Hussein met with his Russian counterpart Sergey Lavrov on the sidelines of UN General Assembly.

    "The two sides discussed prospects for joint cooperation and developing bilateral relations between the two countries," Iraqi foreign ministry said.

  • World must understand AI, curb its risk, says UK Deputy PM

    NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can...

    UK Deputy PM said that a summit, set for November, will aim to preempt the risks posed by frontier AI and explore how it can be used for public good.

    One of the concerns highlighted by the Deputy Prime Minister is the unprecedented speed at which AI is evolving having far-reaching implications.

  • UAE, Armenia ink 4 MoUs at joint business forum

    YEREVAN, ARMENIA  - Chairman of the Federation of UAE Chambers of Commerce and Industry (FCCI) Abdullah Mohamed Al Mazrouei and...

    A UAE delegation of around 100 representatives of government and private entities took part in the forum.

    In the first seven months of 2023, trade between UAE and Armenia was valued at US$870 million.

  • Six or seven more Muslim nations to make peace with Israel after Saudis: minister

    New York, United States - Following the historic normalization deal with Saudi Arabia, six or seven additional Muslim nations are...

    The revelation comes on the heels of Prime Minister Benjamin Netanyahu's address to the UN General Assembly, in which he hailed the emergence of a "new Middle East."

    Cohen stressed the significance of the peace agreement with Saudi Arabia, saying peace with Saudi Arabia is also peace between Jews and the Muslim world

  • GCC and UK foreign ministers exhort Iraq to uphold international agreements

    New York, US-- The GCC foreign ministers and the UK foreign minister have exhorted Iraq to uphold international agreements and...

    The ministers in a joint statement issued from New York on Friday called on Iraq to recognize and respect Kuwait's sovereignty and territorial integrity

    The Iraqi government was urged to address the domestic legal situation and continue upholding the 2012 agreement between Kuwait and Iraq

  • Netanyahu optimistic about Israel-Saudi relations

    This comes after Saudi Crown Prince Mohammed bin Salman hinted at the ongoing efforts to establish ties between the two...

    He told Fox News in an interview that he was delighted to hear what Saudi Arabia's Crown Prince Mohammed bin Salman had to say on peace with Israel

    He praised Mohammed bin Salman as "quite a visionary" and expressed confidence in the combined efforts of the U.S., Saudi Arabia, and Israel to achieve peace