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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.
  • Towards the next 50 years between Japan and UAE

    "In education, Japan is working to promote study exchanges and internships for Emirati students and young professionals. Japan continues to...

    Japan has contributed significantly to the development of the UAE's oil industries and infrastructure since the 1960s, writes Japanese Prime Minister Fumio Kishida

    Cooperation between Japan and the UAE spans sectors such as climate change, education, science and technology, space, and defense, the Japanese PM points out

  • Tunisia and EU sign ‘strategic’ deal on economy, migration

    The deal between the two countries will include partnership on irregular migration, economic development and renewable energy. Tunisia has been...

    European Commission President Ursula von der Leyen said Sunday's accord aims to "invest in shared prosperity"

    The International Organization for Migration has said 2,406 migrants died or disappeared in the Mediterranean in 2022

  • Israeli court orders government to release seized Palestinian boat

    GAZA CITY, PALESTINIAN TERRITORIES - Israel returned a boat to a Gaza fisherman it had seized for allegedly breaching the limits...

    Israeli authorities had called for the vessel, belonging to fisherman Mohammad al-Hissi, to be permanently confiscated.

    However, a Haifa court last month ordered that the boat be returned to Hissi even as legal proceedings continued.

  • Iraq, Syria pledge to enhance cooperation, counter terrorism

    They discussed "reinforcing cooperation between the two countries in various sectors... in addition to joint efforts to fight back against...

    Despite the conflict Iraq maintained diplomatic ties with its neighbor Syria and on Sunday Assad hosted Iraqi Prime Minister Mohamed Shia al-Sudani for talks in Damascus.

    They discussed "reinforcing cooperation between the two countries in various sectors... in addition to joint efforts to fight back against terrorism".

  • Production restarts at Libya oil fields after protests end

    Tripoli, Libya - Oil production has resumed at two major Libyan oil fields, the oil ministry said Sunday, after a brief...

    Demonstrators had been protesting against the arrest of a former minister Faraj Abderrahmane Boumtari.

    Members of his Zouaya tribe on Thursday threatened to block oil terminals in the east if he was not released. He was released Saturday.

  • Iraq detects first captagon producing lab near Saudi border: Ministry

    Baghdad, Iraq -- Iraq said Sunday it has found a site in a province bordering Saudi Arabia where captagon is produced,...

    Iraq has long been a transit country for captagon, the amphetamine-like stimulant plaguing the Middle East, but officials say it has also become a consumer market for the drug.

    The vast majority of the region's captagon, which derives its name from a once legal drug use to combat narcolepsy, is produced in Syria -- another Iraqi neighbor -- and Lebanon.

  • UNDP says over US$14bn needed to mitigate global surge in poverty

    NEW YORK, US – In the last three years, poverty rates in low-and lower-middle-income countries have surged, with the number...

    UNDP has called for adaptive social protection and a debt-poverty pause to redirect debt repayments toward critical social expenditures.

    Almost all of these financially hit people live in low - and lower-middle-income economies, with the poorest 20 percent in low-income countries

  • Japanese Prime Minister Fumio Kishida arrives in Jeddah on Sunday afternoon for a three-day visit to the GCC. (SPA)

    Saudi Arabia, Japan sign 26 new cooperation deals

    The deals signed during Japanese Prime Minister Fumio Kishida's official visit to Saudi Arabia reflect the shared commitment to the...

    The deals signed during Japanese Prime Minister Fumio Kishida's official visit to Saudi Arabia reflect the shared commitment to the Saudi-Japanese Vision 2030

    The two nations' trade volume reached $47.489 billion in 2022 as Saudi Arabia continues to be a key energy partner to Japan, providing 40 percent of its oil needs

  • Fears over Syria’s proposed control on aid to rebel-held areas

    They worry over the fate of residents in Syria's last remaining rebel strongholds, in the north and northwest, after the...

    But expiry of the UN mechanism, as well as Syria's decision to change course on the delivery of aid to those areas, has sparked fears and questions among the humanitarian community

    The crossing is the main entry point for aid to rebel-held areas, though it also occasionally trickles in from areas under the control of Damascus.

  • MBRGI joins UAE delegation, takes part in UN forum on sustainable development goals

    DUBAI, UAE - Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) joined the UAE delegation to the United Nations High-Level...

    Established in 2012, the High-Level Political Forum is the UN’s central platform for the follow-up and review of the 2030 Agenda for SDGs at the global level.

    The UAE delegation discussed ways to bolster mutual collaboration, strategic partnerships and knowledge-sharing, in line with MBRGI’s mission.