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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.
  • ‘Historic’ EU-Middle East-India trade plan launched

    At the G20 Summit in New Delhi, the US, EU, Saudi Arabia, and UAE have launched an ambitious trade initiative...

    At the G20 Summit in New Delhi, the US, EU, Saudi Arabia, and UAE have launched an ambitious trade initiative to connect railways, ports, and energy networks globally

    The initiative could bypass the Suez Canal to accelerate India-Europe trade and has broader geopolitical implications, including fostering relations between Israel and Saudi Arabia

  • Deadliest quake in decades kills over 2,000 in Morocco; rescue bid is on

    Following the devastating earthquake in Morocco on Saturday that killed more than 2,000 people so far, the UAE, Iran, Iraq,...

    Tremors felt in major cities including Marrakesh, Rabat, and Casablanca.

    Remote mountain villages severely affected, many victims feared trapped.

  • Three dead as violent clashes renew in Lebanese Palestinian camp

    Sidon, Lebanon - Two fighters and a civilian were killed on Saturday in clashes at a south Lebanon Palestinian camp, official...

    The Lebanese army, which by long-standing convention does not enter the camps, called on "all relevant parties in the camp to stop the fighting".

    It said it was taking the "necessary measures and making the required contacts to stop the clashes, which endanger the lives of innocent" people.

  • Airspace open for aid flights to quake-hit Morocco, says Algeria

    ALGIERS, ALGERIA - Algeria will allow aircraft carrying humanitarian aid to quake-hit Morocco to pass through its airspace, the president's office...

    Algerian authorities "have decided to open the airspace to flights transporting humanitarian aid and injured" from the quake.

    Algeria closed its airspace to all Moroccan aircraft in September, 2021 after having cut diplomatic ties with its longtime foe.

  • Six arrested in Iran over planned rioting on Amini death anniversary

    Tehran, Iran - Authorities in Iran's southwest have arrested six people accused of "organizing riots" on the first anniversary of Mahsa...

    Amini, an Iranian Kurd, died on September 16, 2022, after her arrest in Tehran for alleged breach of the Islamic republic's strict dress rules for women

    Islamic Revolutionary Guard Corps in Kohgiluyeh and Boyerahmad province suspended five social media pages and arrested the six individuals behind them

  • Countries must cooperate to battle sandstorm threat, say UN, Iran

    Countries in the Middle East, Africa and Asia must work together to combat sand and dust storms made increasingly severe...

    According to meteorologists, sand and dust storms are expected to increase in countries most vulnerable to climate change.

    Iran, co-organizer of the two-day gathering, is one country where such storms are increasingly numerous.

  • G20 treads lightly on Ukraine war, climate issues

    The African Union joined the G20, boosting Africa's voice, while a new initiative aims to connect Europe, the Middle East,...

    The African Union joined the G20, boosting Africa's voice, while a new initiative aims to connect Europe, the Middle East, and India through infrastructure

    G20 nations lacked a unified pledge to end fossil fuels but committed to tripling renewable energy sources by 2030, emphasizing sustainable alternatives

  • G20 adopts Leader’s Summit declaration, says Indian PM Modi

    NEW DELHI, INDIA- Indian prime minister and G20 host Narendra Modi said on Saturday the body had reached consensus on...

    "Because of our team's hard work, and with your support, there is a consensus on the New Delhi G20 Leaders' Summit declaration," the Indian Prime Minister said.

    Finding consensus among members has been increasingly difficult in recent years, with key G20 members deeply divided over Russia's war in Ukraine.

  • UAE President, Indian Prime Minister discuss strengthening bilateral, trade ties

    NEW DELHI, INDIA - UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met to...

    The meeting was held on the sidelines of the 18th Group of 20 (G20) Heads of State and Government Summit in New Delhi.

    The two sides also exchanged views on various regional and international developments of mutual interest.

  • Jordan-ASEAN Economic Forum to be held in March 2024, says ACC

    AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...

    ACC will host the forum, in cooperation with Malaysia, Indonesia, the Philippines, Thailand and Sultanate of Brunei.

    Trade exchanges between Jordan and ASEAN grew by 42 percent during 2022, compared to 2021, ACC's statistical data said.