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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.
  • Erdogan’s visit: Qatar and Turkey seek to deepen strategic partnership

    Qatar’s emir Sheikh Tamim bin Hamad Al-Thani praised Turkey's efforts to improve the country's financial situation and reduce inflation rates...

    Erdogan and Sheikh Tamim also discussed important regional and international developments and witnessed the signing of a joint statement

    Erdogan recognized Qatar's inherent economic potential and its balanced growth rates, saying it was one of the most robust economies in the region

  • Leaks, repairs, stress: how skeleton crew stopped Red Sea oil disaster

    The sinking of the vessel, or an on-board explosion, would have unleashed a thin slick of oil across the Red...

    "Any oil ship needs regular maintenance... to keep the ship safe," said Ebrahim al-Moshki, head of Hodeida's maritime affairs authority

    The UN has said half a million people work in the area's fishing industry, and that 200,000 livelihoods "would be instantly wiped out"

  • Chinese president vows solid ties with Algeria, eyes energy supply

    China's President Xi Jinping has pledged stronger ties with Algeria, highlighting the importance of their comprehensive strategic partnership. Algeria, Africa's...

    President Xi Jinping emphasized the readiness of China to work with Algeria in strengthening strategic communications and deepening exchanges and cooperation

    Algerian President Tebboune is on a five-day official visit to China, his inaugural trip to China since being elected as the premier of Algeria

  • Saudi Arabia’s exports to Turkey hit $13.93 billion in three years

    Riyadh, Saudi Arabia -- Saudi Arabia’s exports to Turkey during the past three years amounted to SAR 52.280 billion ($13.93 billion),...

    Saudi exports largely comprised plastics, metal products, organic chemical products, steel, precious metals and stones.

    A total of 1,140 companies Saudi companies have invested in several sectors in Turkey, with investments surpassing $18 billion.

  • Dubai issues law to regulate urban planning for sustainable development

    Dubai, UAE -- Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has issued a law (No. 16 of 2023) to...

    The law seeks to create an integrated and effective urban planning system that promotes investment, sustainable development, prosperity, and an improved quality of life.

    To oversee the implementation of this law, a 'Supreme Committee for Urban Planning' will be formed, comprising representatives from authorities responsible for urban planning.

  • Energy security and supplies dominate Qatar Emir-Japan PM talks

    Kishida and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "developments related to energy security and supplies," the Qatari leader said...

    The Doha visit comes as Japanese companies are negotiating new long-term LNG supply contracts with Qatar, according to Bloomberg.

    Japan's LNG importers have not signed a contract with Qatar since 2014, and that Qatari LNG deliveries to Tokyo dropped by more than 60 percent last year.

  • Israelis stage ‘day of resistance’ against judicial overhaul

    Demonstrators holding Israeli flags and chanting "democracy, democracy" also entered the stock exchange building in Tel Aviv and staged a...

    Weekly rallies across Israel have drawn tens of thousands of protesters aiming to prevent what they believe could open the way to more authoritarian government

    Crowds gathered in the coastal city of Tel Aviv, Israel's commercial hub, early on Tuesday after organisers had called for a "national day of resistance" ahead of a planned vote

  • Turkey’s ‘biggest ever’ defense deal inked during Erdogan’s Saudi visit

    Haluk Bayraktar, CEO of the drone manufacturer which is co-run by one of Erdogan's sons-in-laws, in a tweet called the deal...

    Erdogan, who in May elections won another five-year term, was in Saudi Arabia to kick off a Gulf tour seeking to drum up support for Turkey's faltering economy.

    After attending a Saudi-Turkish business forum in Jeddah on Monday, Erdogan and Prince Mohammed discussed "prospects for joint cooperation" in their meeting.

  • Ukraine to continue grain exports despite Russia’s exit from deal

    Putin has been threatening to pull out of the arrangement, arguing that elements of the deal allowing the export of...

    The agreement, which has enabled the export in cargo of more than 32 million tonnes of Ukrainian grain over the last year, is due to expire at 2100 GMT on Monday

    In his evening address, Volodymyr Zelensky said: "Ukraine, the UN and Turkey can jointly ensure the operation of the food corridor and the inspection of ships

  • Erdogan seeks foreign investment on Gulf tour, begins with Saudi Arabia

    Turkish President Recep Tayyip Erdogan has embarked on a three-state Gulf tour, beginning with Saudi Arabia, as he seeks to...

    Nine MoUs -- covering energy, real estate, education, and more -- were signed at the Saudi-Turkish business forum

    Turkish government aims to increase its trade volume with Gulf countries, which currently stands at $22 billion