Search Site

Trends banner

‘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.
  • Egypt jails opposition activist ahead of next year’s presidential polls

    CAIRO, EGYPT - An Egyptian court has sentenced prominent dissident Hisham Kassem to six months in prison, his lawyer and political...

    Hisham Kassem was also slapped with about $650 fine after being found guilty of defaming a former minister.

    Kassem’s lawyer Nasser Amin wrote on Facebook that the verdict would be appealed in a court hearing on October 7.

  • Israel accounts for 46 percent of global Jewish population

    TEL AVIV, ISRAEL – The total global Jewish population rose to 15.7 million over the last year, while the number...

    Data showed that the global Jewish population grew by some 100,000 over the past year.

    The US has the second-largest Jewish population in the world, after Israel, - at 6.3 million.

  • Iran denounces new Western sanctions on Amini death anniversary

    Slamming the new sanctions imposed by the Western countries on the Islamic republic, Iran's foreign ministry spokesman Nasser Kanani termed...

    US sanctions targeted 25 Iranian officials, three media outlets and an internet censorship firm onto their sanctions blacklist

    Last year's Amini protests saw hundreds of people killed, including dozens of security forces, and thousands arrested

  • UAE and Russia look to boost ties in education, space, scientific research

    Moscow, Russia--The UAE and Russia are looking to strengthen the bilateral cooperation in higher education, scientific research, space, and engineering...

    Ahmad Belhoul Al Falasi, Minister of Education, and Valery Falkov, Minister of Science and Higher Education of Russia, held discussions to boost cooperation in many sectors

    The UAE minister visited the Moscow State Technical University, where he saw its research centres and learnt about the latest scientific and engineering tech solutions

  • Remove sanctions to restore Black Sea Grain Initiative: Russian Ambassador to US

    Washington, United States - Russian Ambassador to Washington, Anatoly Antonov, on Friday asked the United States to remove sanctions barriers...

    Antonov's statement comes in response to comments by US National Security Adviser Jake Sullivan, who expressed skepticism about a swift return to the initiative

    Ambassador Antonov stressed that Russia has consistently expressed its willingness to reopen the doors to the initiative provided its concerns were addressed

  • Blinken likely to visit Saudi, Israel, West Bank in October to discuss normalization

    Tel Aviv, Israel - US Secretary of State Antony Blinken is considering a trip to the Middle East in October...

    The US State Department has also issued a statement marking the third anniversary of the historic Abraham Accords

    US National Security Adviser Jake Sullivan and Middle East czar Brett Mcgurk have also made visits to Riyadh in July and last week

  • UAE to launch digital-response platform to aid disaster-hit countries

    New York, US--The UAE has announced the launch of a new digital response platform that will support disaster-affected countries to...

    The digital-response platform will let disaster-hit countries to communicate what aid is needed, allowing partners to accelerate aid delivery

    The UAE private sector during the last five years has made contributions to the tune of US$ 250 million to humanitarian efforts globally

  • Europe’s tussle with Big Tech involves dominance, data, disinformation

    Paris, France - Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a...

    Ireland issues the most stringent fines on this front as Dublin hosts the European offices of several big tech firms and data privacy is enforced by local regulators.

    The EU has had little success in getting tech companies to pay more taxes in Europe, where they are accused of funneling profits into low-tax economies.

  • Libya flood toll is partly due to years of division, say analysts

    TRIPOLI, LIBYA - Over a decade of bloody power battles in Libya have resulted in vital infrastructure falling into disrepair, culminating...

    Libya has been wracked by conflict and division ever since a NATO-backed uprising toppled and killed longtime dictator Moamer Kadhafi in 2011.

    Tripoli-based prime minister blamed the tragedy on the absence of adequate development plans and the "effect of the years" on the dams.

  • UAE, China’s Hainan Province ink multiple deals to boost trade, economic ties

    DUBAI, UAE - The UAE and China's Hainan Province have signed four major private-sector agreements aimed at boosting the rapidly...

    UAE Minister of State for Foreign Trade promoted the country’s unrivalled access to global markets, which have been enhanced by CEPA program.

    He highlighted the growing relationship between Hainan and the UAE, which resulted in bilateral non-oil trade doubling in 2022 to reach $900 million.