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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.
  • Israeli PM Netanyahu to visit Turkey: Erdogan

    Turkey's President Recep Tayyip Erdogan told reporters in New York that he will visit Israel too once Benjamin Netanyahu will...

    The two leaders met at the Turkish House in New York on the sidelines of the 78th session of the UN General Assembly

    The two countries also reached an agreement to raise trade volume from $9.5 billion to a minimum of $15 billion

  • Kuwait seeks support in its bid for UN Human Rights Council seat

    New York, US-- Kuwait has exhorted UN member states to back its bid for a seat on the UN Human...

    The Kuwaiti prime minister gave a peek into the "New Kuwait" vision that aims to position the country as a global financial, commercial, and cultural center

    He underscored Kuwait's resolve to bridge cooperation and offer solutions to human rights issues in keeping with international law and UN resolutions

  • Anti-Money Laundering Permanent Committee hosts meeting with Saudi Committees

    Riyadh, Saudi Arabia - The Anti-Money Laundering Permanent Committee (AMLPC) hosted a coordination meeting with relevant Saudi permanent committees on...

    The meeting was chaired by Ayman Al-Sayari, governor of the Saudi Central Bank (SAMA) and AMLPC chairman

    It also discussed mechanisms of cooperation and coordination between the permanent committees in the Kingdom

  • Man shoots multiple times in Lebanon’s US embassy, no casualty

    Beirut, Lebanon - A gunman fired more than a dozen bullets at the US embassy in Beirut, Lebanese officials said on...

    "At 10:37 pm local time (1937 GMT), small arms fire was reported in the vicinity of the entrance to the US Embassy," said embassy spokesman Jake Nelson

    Lebanese forces have cordoned off the area of the highly-secured embassy complex in the northern Beirut suburb of Awkar, a security official told AFP.

  • ITFC collaborates with Turk Eximbank for providing joint loan of US$277m

    JEDDAH, SAUDI ARABIA - The International Islamic Trade Finance Corporation (ITFC), which is a member of the Islamic Development Bank,...

    This collaboration aims to enhance trade volume among the member states of the Organization of Islamic Cooperation.

    The loan aims to support the development of small and medium enterprises' exports as well as private sector companies in Turkey.

  • Devastating Libya floods displace more than 43,000 people

    "An estimated 43,059 individuals have been displaced by the floods in northeastern Libya," the IOM said, adding that a "lack...

    A tsunami-sized flash flood broke through two ageing river dams upstream from the city after heavy rains lashed the area on September 10.

    Earlier this week, the United Nations warned that disease outbreaks could bring "a second devastating crisis" to the flood-hit areas.

  • King Charles urges joint French-English effort on climate change

    "Just as we stand together against military aggression, so must we strive together to protect the world from our most...

    He suggested that France and Britain should team up to tackle the climate and biodiversity emergencies with a new version of the 1904 Entente Cordiale pact

    Charles' latest call on the environment came a day after Britain's PM Rishi Sunak softened green policies aimed at achieving net zero carbon emissions by mid century

  • Houthis display military strength two days after Saudi talk

    Armored cars, missiles and thousands of uniformed fighters filed past Houthi dignitaries in a show of strength from the Iran-backed group,...

    The northern fighters took Sanaa in September 2014 and threatened to overrun the country, prompting a Saudi-led international military intervention from March 2015.

    The war has left hundreds of thousands dead, through direct and indirect causes, and displaced millions of people in what the UN calls one of the world's worst humanitarian crises.

  • Ajman’s exports rise 19 percent in H1 2023

    AJMAN, UAE – The Ajman Chamber of Commerce and Industry (ACCI) has revealed that the volume of exports from the...

    Ajman’s total exports reached US$1.2 billion in H1 2023, compared to US$1.1 billion during the same period in 2022.

    Ships and boats topped the list of exported products, followed by mineral oils, fish and steel products.

  • First Ukraine grain ship since Russian blockade reaches Istanbul

    Ukrainian officials said the Palau-flagged Resilient Africa vessel was carrying 3,000 tons of wheat when it left Ukraine's Chornomorsk port...

    Ukraine is testing a new sea route that avoids international waters and follows those controlled by NATO members Bulgaria and Romania.

    It had earlier successfully sent several cargo ships along that route that were not carrying Ukrainian grain.