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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.
  • Saudi Arabia and Iran two most influential countries in Islamic world: Raisi

    Tehran, Iran--Iran's President Ebrahim Raisi has termed Saudi Arabia and Iran as the two most influential countries in the region...

    Iranian president in his meeting with Alireza Enayati, the new ambassador to Saudi Arabia, spoke of strengthening relations between the two countries

    In June, the Islamic republic reopened its embassy in Riyadh and then followed it up with the reopening of its consulate in Jeddah

  • UAE and Africa strengthen carbon market collaboration

    "Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access...

    The UAE Carbon Alliance has signed a Letter of Intent for a US$450 million purchase of African carbon credits by 2030

    Collaboration with Africa Carbon Markets Initiative will provide UAE with access to high-quality carbon credits from Africa

  • Saudi Arabia forms Global Water Organization to secure sustainable resources

    Jeddah, Saudi Arabia--Saudi Arabia’s Crown Prince Mohammed bin Salman has announced the establishment of Global Water Organization in order to...

    The body will seek to exchange knowledge, expertise, the advance of water technology, innovation, and share research and development experiences

    It will also press for the funding of high-priority projects to ensure the long-term sustainability of water resources while ensuring access to water for all

  • Putin says Russia will deliver free grain to six African nations

    Since pulling out of the deal, which aimed to ensure safe grain exports via the Black Sea, Russia has been...

    Turkish President Recep Tayyip Erdogan said that Ankara was against alternative proposals to last year's Ukraine grain agreement, which Moscow scuppered in July.

    Erdogan said that Turkey and the UN had prepared new proposals aimed at addressing Russia's problems with the deal, adding that he hoped to reach a workable solution.

  • UN nuclear watchdog ‘regrets’ lack of Iranian cooperation

    International Atomic Energy Agency (IAEA) director general Rafael Grossi "requests Iran to work with the agency in earnest and in...

    Tehran in March vowed to reactivate surveillance devices which were disconnected in June 2022 amid deteriorating relations with the West.

    The IAEA said Iran's total stockpile of enriched uranium was lower than in May but still more than 18 times the limit set in a 2015 accord.

  • Israel and Bahrain agree to increase trade volume, boost tourism

    "The foreign minister and I agreed that we should work together to increase the number of direct flights, the tourism,...

    Israeli Foreign Minister Cohen arrived in Bahrain on Sunday, accompanied by a business delegation of more than 30 companies.

    Earlier on Monday, he met Crown Prince Salman bin Hamad Al-Khalifa and discussed "the importance of advancing a free trade agreement".

  • Saudi and Iran to resume home-and-away matches: AFC

    The move by the two countries' football federations would contribute to "fostering closer ties between their respective footballing communities, allowing...

    Saudi Arabia and Iran severed ties in 2016 after Saudi diplomatic missions in Iran were attacked during protests over Riyadh's execution of Shiite cleric Nimr al-Nimr.

    The AFC then decided that football matches between the two countries would take place on neutral ground, an arrangement it described at the time as "most unfortunate".

  • Half of large Swiss firms have faced cyberattacks: study

    The study showed a correlation between the size of a company and the risk of cyberattacks. Based on a survey...

    A full 45 percent of companies in Switzerland counting 250 employees or more have already been hit by at least one cyberattack

    Florian Schutz, who is in charge of implementing Switzerland's national cyber protection strategy, said that "all companies are at risk"

  • Iran expects cooperation with Turkey to grow in Erdogan’s new term

    Tehran, Iran-- Iran's President Ebrahim Raisi expects cooperation between his country and Turkey to grow during the "new term" of...

    Iran's president met with the foreign minister of Turkey and other officials and hoped for an enhancement in ties between the two countries

    The Turkish foreign minister believes that the bilateral trade between Ankara and Tehran can reach US$30 billion as the overall relations grow

  • Sultan AlNeyadi is back but his mission will continue, says MBRSC

    According to MBRSC, Sultan AlNeyadi will continue his mission in order to benefit from the scientific experiments that he took...

    Once the spacecraft splashed down, the astronauts were carried out of the capsule and placed in a gurney-type transport

    Being the first Arab astronaut to do a spacewalk, Al Neyadi was seen smiling and waving to the camera after leaving the capsule