Search Site

Trends banner

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.
  • Wagner crisis shows Ukraine war is ‘cracking’ Russian power: EU

    EU foreign ministers were scrambling to digest the fall-out from the uprising at their regular meeting in Luxembourg. Sweden's Foreign...

    What has happened during this weekend shows that the war against Ukraine is cracking Russian power, EU foreign policy chief said

    He added that war against Ukraine launched by Putin and the monster that Putin created with Wagner, the monster is biting him

  • In deadliest attack this year, Russian strikes kill 13 in rebel-held Syria

    Russian forces which back President Bashar al-Assad's regime were responding to rebel drone strikes over the past week that killed...

    At least nine civilians, including two children, were among the dead, with most killed at a fruit and vegetable market in the Idlib region

    At least 30 civilians were wounded in Sunday's strikes, said Abdel Rahman, who added that the death toll was likely to rise

  • Future of Iran-UAE relations promising: Reza Ameri

    Tehran, Iran-- The future of relations between Iran and the United Arab Emirates is promising and in line with the...

    Reza Ameri, Iran's new ambassador to the UAE, noted progress in relations between the two countries after a period of downturn

    The UAE and Iran have had discussions to cooperate in political, economic, commercial, consular, cultural and scientific fields

  • Mitsotakis wins second term with clear majority in Greece polls

    Conservative leader Kyriakos Mitsotakis won Greece's national elections on Sunday with a clear majority, securing a second term during which...

    Kyriakos Mitsotakis's New Democracy party achieves over 40.5 percent of votes, surpassing Syriza

    The Conservative party leader plans rapid major reforms to transform Greece in his new term

  • Extended reality: XR tech transforms GCC businesses

    XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region,...

    XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region, including academic, entertainment, and gaming

    The new XR technologies are also reshaping retail and remote work, blurring the lines between the virtual and physical realms, says Raed Mikail, Founder and CEO of AVR Labs

  • China supported Russia to counter Wagner mutiny, says Moscow

    MOSCOW, RUSSIA - Russia's foreign ministry said on Sunday that Beijing had backed Moscow's efforts to counter a short-lived armed uprising...

    Russia said China expressed for the efforts of the leadership of the Russian Federation to stabilize the situation in the country.

    It came after a meeting in Beijing between China's deputy foreign minister Ma Zhaoxu and Russian deputy foreign minister Andrey Rudenko.

  • India’s Modi, Egypt’s Sisi pledge to deepen strategic partnership

    Indian Prime Minister Narendra Modi met Egypt's President Abdel Fattah al-Sisi in Cairo on a rare visit during which both...

    New Delhi and Cairo have pledged to boost bilateral trade as India is also stepping up investment in Egypt, particularly in renewable energy.

    India is already Egypt's seventh-largest trading partner, according to data from Cairo's central bank, with trade reaching $7 billion last year.

  • Lebanon’s main Druze party choses Taymur Jumblatt as new leader

    Almost 2,000 supporters gathered in Ain Zhalta, in the Druze heartland of the Chouf mountains, where members of the Progressive...

    He takes up the mantle at a time when Lebanon has been reeling from three years of gruelling economic crisis, widely blamed on the governing elite.

    The Druze are a secretive offshoot of Islam that make up around five percent of Lebanon's population but who have wielded political clout under Taymur's father.

  • Mitsotakis’s conservatives set for landslide Greece election win

    Mitsotakis's New Democracy party obtained over 40 percent of the vote, well ahead of the leftist Syriza party led by...

    Mitsotakis, 55, who steered Greece from the coronavirus pandemic back to two consecutive years of strong growth, had already a scored a thumping win in an election just a month ago

    But having fallen short by five seats in parliament of being able to form a single-party government, he declined to form a coalition, forcing voters back to ballot boxes.

  • UAE discusses tourism with India, UK, Indonesia and Japan

    NEW DELHI, INDIA - UAE Minister of Economy and Head of the Emirates Tourism Council Abdullah bin Touq Al Marri...

    The UAE is keen on developing tourism ties with countries and building partnerships in fields that supports economic, social growth and prosperity.

    The UAE had adopted a forward-looking vision to develop a distinguished tourism sector at the regional and global levels.