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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.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • Iraq join Egmont Group of financial intelligence units

    BAGHDAD, IRAQ -   Iraq joined the Egmont Group of Financial Intelligence Units, the Supreme Judicial Council announced."The efforts made by...

    The membership, "concerns the exchange of information between the financial investigation units for combating money laundering and financing terrorism."

    Egmont Group provides support to member states by enhancing secure communication between financial investigation units

  • Operator of Titanic sub that imploded suspends all expeditions

    The Titan sub was reported missing on June 18 and the US Coast Guard said on June 22 that the...

    US-based OceanGate said on its website that it had "suspended all exploration and commercial operations" after the tragedy, in which company CEO Stockton Rush was among the dead.

    Also on board were British explorer Hamish Harding, French submarine expert Paul-Henri Nargeolet, and Pakistani-British tycoon Shahzada Dawood and his son Suleman.

  • France unrest: Macron’s waning popularity could enable far-right surge

    France could very well walk into the embrace of far-right politics, if Macron doesn’t hew his governance closer to what...

    France could very well walk into the embrace of far-right politics, if Macron doesn’t hew his governance closer to what French people had bargained for

    Le Pen's party is already in line to take over from Macron in 2027. if the latter fails his promise in his second term also

  • Turkish Foreign Minister, Blinken discuss NATO expansion, Black Sea grain initiative

    Ankara,Turkey - Turkish Minister of Foreign Affairs Hakan Fidan discussed, in a phone call on Wednesday with US Secretary of...

    Earlier last month, NATO chief Jens Stoltenberg called on Ankara to drop its opposition to Sweden's bid to join NATO, saying Stockholm has addressed Turkey's security concerns

    As for Black Sea grain deal, Russia has restated a demand for its state agricultural bank to be reconnected to the global SWIFT payments system to avert the collapse of the deal

  • Families of Israelis missing in Gaza seek UN, Red Cross help

    Israeli soldiers Oron Shaul and Hadar Goldin were killed during Israel's 2014 invasion of the Gaza Strip, and their remains...

    The Israeli authorities say both the missing citizens are mentally unstable, and both are presumed alive

    Various attempts to release them in exchange for Palestinian prisoners have failed in recent years

  • MSF suspends ‘vital’ medical aid from Iraq’s Mosul

    Mosul, Iraq -- Medical charity Doctors Without Borders announced Wednesday the suspension of "vital" medical activities in two hospitals in the...

    Doctors Without Borders blamed Iraq's bureaucracy of delaying the delivery of supplies to two health facilities.

    The group's activities are crucial for the major city in northern Iraq, where the healthcare sector is struggling to recover from years of war and neglect.

  • All voices must be heard in transition, sustainability debates: OPEC

    Secretary-General of OPEC Haitham Al Ghais, speaking at the 8th OPEC International Seminar in Vienna, reiterated the organization's keenness to...

    Ghaith said the concept of sustainability relates to how we fulfil the needs of current generations without compromising the needs of future generations.

    He asserted the importance of oil in the global energy mix and the industry's primary role in reducing carbon emissions.

  • Israeli army calls off operation that killed 12 Palestinians in Jenin

    The raid, Israel's biggest military operation in years in the West Bank, employed hundreds of troops as well as drone...

    The Israeli military launched the raid on the Jenin refugee camp early on Monday under the orders of Prime Minister Benjamin Netanyahu's hard-right government

    Israeli military said its forces had dismantled six explosives manufacturing facilities and three operational situation rooms in Jenin, and confiscated large quantities of weapons

  • Violence in Israel, West Bank ‘must stop’: UN rights chief

    "The recent operation in the occupied West Bank and car ramming attack in Tel Aviv worryingly underscore an all too...

    Turk said some of the methods and weapons used in the Jenin raid "are more generally associated with the conduct of hostilities in armed conflict, rather than law enforcement"

    Christian Lindmeier, spokesman for the UN's WHO, said that the destruction of infrastructure, including roads in Jenin, was restricting access for medical teams

  • Iraqi president presses for closer trade and energy ties with Iran

    Baghdad, Iraq-- Iraqi President Abdul Latif Rashid has emphasized the need for reinforcing partnership with Iran in the fields of...

    Iraq's president highlighted the importance of forging closer ties with Iran in a meeting with an Iranian delegation visiting Baghdad

    He applauded Iran for the restoration of ties with countries in the Middle East and the resumption of diplomatic relations with Saudi Arabia