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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.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Israel strikes near Damascus presidential palace over Druze violence that kills over 100 people

    Israel has since then attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to...

    Israel has attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to the area of the palace" in the capital Damascus

    Israel sees the new forces in Syria as jihadists and has warned them to protect the Druze minority, with Defence Minister Israel Katz saying his country could otherwise respond."

  • How much blood is enough to satisfy ‘political objectives’: WHO on Gaza

    "We are breaking the bodies and the minds of the children of Gaza. We are starving the children of Gaza,...

    Israel strictly controls all inflows of international aid vital for the 2.4 million Palestinians in the Gaza Strip.

    It halted aid deliveries to Gaza on March 2, days before the collapse of a ceasefire that had significantly reduced hostilities after 15 months of war.

  • Slower growth expected in MENA region in 2025: IMF

    "Growth is still projected to increase in 2025 and 2026, but at a considerably slower pace than anticipated last October,"...

    The lender lowered growth projections from 4 percent to 2.6 percent for 2025, and from 4.2 percent to 3.4 percent for 2026.

    In 2024, average growth in the region slowed to 1.8 percent -- from 2.1 percent the year before -- due to "ongoing conflicts and extended voluntary oil production cuts".

  • UAE to lift three-year Lebanon travel ban: statement

    Dubai, United Arab Emirates -- The United Arab Emirates will lift a ban on its citizens travelling to Lebanon that...

    The decision was announced a day after Lebanese President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi.

    In 2021, the UAE imposed a travel ban on its citizens and withdrew diplomats from Beirut in solidarity with Riyadh after a Lebanese minister criticized Saudi intervention in Yemen.

  • Two-State solution nearing point of no return: UN chief

    He renewed calls for an immediate and lasting ceasefire, the unconditional release of all hostages, and full humanitarian access. He...

    Guterres expressed deep concern over the worsening crisis in Gaza, where nearly 2,000 Palestinians have been killed since the ceasefire collapsed in March

    He renewed calls for an immediate and lasting ceasefire, the unconditional release of all hostages, and full humanitarian access

  • US imposes sanctions to curb Iran oil despite talks

    The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite...

    The United States said it was targeting five trading companies -- four based in the United Arab Emirates and one in Turkey

    The move comes just after Iran announced a fourth round of talks with President Donald Trump's administration to take place Saturday in Rome

  • UAE says foils bid to transfer weapons to Sudan army

    "The security services succeeded in preventing the transfer of a quantity of military equipment to the Sudanese Armed Forces following...

    The UAE statement said members of the cell included former Sudanese intelligence chief Salah Gosh an ex-adviser to the finance minister and political figure close to army chief.

    It said the arrests were made "during an inspection of ammunition in a private aircraft" loaded with around five million machine gun rounds.

  • Syria FM says wants to ‘strengthen relations’ with China

    Syrian Foreign Minister Asaad al-Shaibani expressed on Monday his government's willingness to build a "strategic partnership" with China, a key...

    A foreign ministry statement said that Shaibani met with the Chinese ambassador to the United Nations, Fu Cong, at UN headquarters in New York

    In the meeting with Beijing's envoy, Shaibani said the two countries "will work together to build a long-term strategic partnership in the near future

  • Abu Dhabi launches $500mn maternal health fund for Africa

    Nairobi, Kenya -- A $500-million fund aimed at improving maternal and neonatal health in sub-Saharan Africa was launched Tuesday in...

    The Beginnings Fund brings together philanthropists including the Gates Foundation and the Mohamed bin Zayed Foundation for Humanity, run by the UAE president.

    It set a deadline of 2030 to reach the $500-million target and has already reached $450 million in pledges, organizers said in a statement.

  • UN rights chief demands world act to stop Israel’s Gaza ‘catastrophe’

    "As the complete blockade of assistance essential for survival enters its ninth week, there must be concerted international efforts to...

    It halted aid deliveries to Gaza on March 2, days before the collapse of a ceasefire that had significantly reduced hostilities after 15 months of war.

    Supplies are dwindling and the UN's World Food Programme last Friday said it had sent out its "last remaining food stocks".