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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.
  • Syrians lose life-saving care as Turkey halts medical visits

    Seriously ill Syrians in the country's last rebel bastion of Idlib used to be able to access life-saving care across...

    Doctors in Idlib refer most heart and cancer patients to Turkey, where they can receive free treatment under an agreement between local authorities and Ankara

    But after the quake ravaged health facilities on Turkish side of the border, Ankara halted medical visits through the Bab al-Hawa crossing, the sole access point for Idlib

  • Iran envoy to Saudi Arabia: Israel out to disrupt Tehran-Riyadh detente

    Riyadh, Saudi Arabia - Israel is not happy with the restoration of diplomatic relations between Tehran and Riyadh and is...

    Alireza Enayati said that “when cooperation between all regional countries is reinforced, no element can disrupt it”

    Enayati praised the role of China in facilitating the resumption of Tehran-Riyadh ties following high-stakes talks between the two sides in Beijing

  • Tajikistan, Qatar seek to bolster bilateral relations

    "Undoubtedly, since both countries have opportunities to establish mutually beneficial cooperation by using Qatar's investments to process Tajik raw materials...

    Tajikistan official Kodirzoda Sadi Sanginmurod highlights major prospects for enhancing trade and economic collaboration with Qatar, following the Emir's recent visit

    Tajikistan seeks Qatari investment to transform raw materials into high-value exports, targeting rapid industrialization, with potential collaboration in various sectors

  • Tunisia visit: EU chief to discuss economic and migration concerns

    "Discussions will focus on the bilateral relations between the EU and to Tunisia," Commission spokesman Eric Mamer said. "An agreement...

    The European leaders will meet Sunday with Tunisian President Kais Saied, whose country is going through a dire financial crisis.

    Tunisia's coastline is less than 90 miles from the Italian island of Lampedusa, and has long been a stepping stone for migrants.

  • Swiss group to enquire about Lebanon’s central bank chief in Beirut

    The delegation will meet a local judge and might seek to question individuals over the wealth of Salameh and his...

    Lebanon "was informed by the Swiss authorities that a Swiss judicial delegation will visit Lebanon soon" over Riad Salameh's case.

    Salameh, who denies all accusations against him, continues to serve as central bank governor as his mandate ends in July.

  • Saudi Arabia’s relations with US, China ‘not zero-sum game’

    Foreign Minister Prince Faisal bin Farhan, in a joint press conference with Blinken, played down talk that the oil-rich kingdom...

    China's growing role in the Middle East was demonstrated when it brokered a surprise rapprochement between Saudi Arabia and Iran in March.

    Prince Faisal also defended the controversial decision to lift Syria's Arab League suspension, which came shortly after the start of the country's civil war 12 years ago.

  • GCC, US vow to work jointly for regional stability

    The strategic partnerships between the two sides seek to focus on peace, security, stability, integration, and economic prosperity in the...

    The strategic partnerships between the two sides aim at focusing mainly on peace, security, stability, integration, and economic prosperity in the Middle East.

    Beside supporting Yemeni peace efforts and humanitarian needs, the US and GCC also make a commitment to freedom of navigation and maritime security in the Gulf region.

  • Eurozone in recession after two successive quarters of shrinking GDP

    The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second...

    The worse-than-expected figures come as inflation and higher interest rates have curbed demand in Europe's largest economy.

    Two consecutive quarters of shrinking gross domestic product is the threshold for a technical recession.

  • US remains invested in Gulf partnerships, Blinken tells diplomats

    Blinken spoke during a Gulf Cooperation Council ministerial meeting in the capital Riyadh following talks with Saudi Foreign Minister Prince...

    The meetings came a day after Blinken flew into Jeddah, kickstarting a visit aimed at boosting ties with Saudi Arabia, which has begun forging closer ties with Washington's rivals.

    "The GCC is the core of our vision for a Middle East that is more stable, more secure, more prosperous," Blinken said at the opening of the US-GCC ministerial meeting.

  • Ruling Fatah party faces decline in West Bank, says official

    His comments were a rare acknowledgement by a senior Abbas ally of waning fortunes for the party which has dominated...

    "I can tell you there is something of a decline in Fatah's presence among the masses," Mahmud Aloul, official of President Mahmud Abbas' Fatah party said.

    At 72, Aloul is one of the most senior figures in the Palestinian movement and is often mentioned as a possible successor to 87-year-old Abbas.