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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.
  • Drone which killed three Kurdish officers came from Turkey: Iraq

    Turkish military action has principally targeted the Kurdistan Worker's Party (PKK) and its Syrian Kurdish ally, the People's Defence Units...

    Three members of the counterterrorism forces of Iraq's autonomous Kurdish region were killed and three wounded in Monday's drone strike on Arbat airfield

    Turkey has stepped up its drone strikes on Kurdish targets in both Iraq and Syria in recent months, although deaths among the Iraqi Kurdish security forces remain rare

  • Canada and India expel diplomats as row over killing heats up

    The diplomatic spat has grown fierce in the hours since Canada blamed India for being behind the killing of a...

    Trudeau called on the Indian government to cooperate in clearing up the matter

    Relations between India and Canada have been tense over the unsolved slaying

  • UAE, Egypt presidents meet, discuss ties, regional issues

    Abu Dhabi, UAE - The UAE President Sheikh Mohamed bin Zayed Al Nahyan of the UAE and President Abdel Fattah...

    The two presidents deliberated on economic, investment, and development collaborations between the two countries

    They exchanged views on regional and global developments, emphasizing the importance of peaceful resolutions to regional conflicts

  • Biden pledges to extract ‘costs’ from Iran despite prisoner swap

    NEW YORK, US- President Joe Biden said the United States would keep piling "costs" on Iran despite a prisoner swap deal...

    Biden confirmed that he was imposing new sanctions on Iran's intelligence ministry and former president Mahmoud Ahmadinejad.

    His statement did not mention the granting of clemency to five Iranians jailed or awaiting trial for non-violent crimes.

  • $15m paid in compensation to passengers in 2021-22 in Saudi Arabia, says GACA

    RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) said that national airlines in the Kingdom have issued...

    These compensations were given primarily to deal with issues such as delays, loss of luggage, flight cancellations.

    GACA aims to ensure that passengers are well-informed about their rights and can easily obtain refunds as per the regulations.

  • 14 pro-Turkish fighters killed in Syria attack by Kurdish group

    Beirut, Lebanon - A Syrian Kurdish armed group attacked an area controlled by pro-Turkish fighters in rebel-held northern Syria on Monday,...

    The Kurdish Afrin Liberation Forces took advantage of factional fighting that broke out after midnight on the outskirts of Al-Bab in Aleppo province.

    With artillery support, the Kurdish group infiltrated the area, leaving "at least 14 dead" and others wounded in the attack, all pro-Turkish fighters.

  • Italy to restrict migrants after record entrants from Africa

    Meloni, who won the election last year on a vow to stop immigration, said Sunday the defense ministry would also...

    Prime Minister Giorgia Meloni said the cabinet would sign off on new measures on Monday, including increasing the time migrants due to be expelled from Italy.

    The time limit for detentions used to be 18 months between 2011 and 2014, before being reduced under a center-left government led by Matteo Renzi.

  • UAE progresses in countering financial crimes in H1 2023, says official

    ABU DHABI, UAE – Director-General of the Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AMLCTF) Hamid AlZaabi...

    The UAE confiscated over US$356 million from March 2023 to mid-July 2023, thereby strengthening its financial system.

    The country continues to prioritize international cooperation to combat financial and organized crime.

  • Five freed US detainees leave Iran in prisoner swap

    The five, who include a businessman and a conservationist, and who left Iran on a Qatari plane accompanied by two...

    Biden also granted clemency to the five Iranian ex-detainees. The US insists Iran will only be allowed to use the money to buy food, medicine and other humanitarian goods.

    The five Americans -- all considered Iranian nationals by Tehran, which rejects dual nationality -- were released to house arrest when the deal was agreed last month.

  • UN agencies warn of disease threat in Libya’s Derna city

    UN agencies warned that Libya's flood-stricken city of Derna, where thousands were killed a week ago, faces the threat of...

    The massive flash flood that killed over 3,000 people and left thousands more missing came as Libya was lashed by the hurricane-strength Storm Daniel.

    “Teams from nine UN agencies have been on the ground delivering aid and support,” said the UN Support Mission in Libya.