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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.
  • UAE highlights efforts in space sector at UN committee meet

    ABU DHABI,  UAE - A high-level UAE delegation at the 66th session of the United Nations Committee on the Peaceful...

    The UAE highlighted the significance of the peaceful use of outer space, acknowledging the right of all member states to develop their capabilities.

    The UAE also focused on the importance of international collaboration to ensure space technologies benefit humanity in times of disaster.

  • Blinken on three-day Saudi Arabia visit to rebuild strained ties

    Blinken's trip will also focus on efforts to end conflicts in Sudan and Yemen, the joint battle against the Islamic...

    Blinken, due to land in Jeddah in the evening, is expected to meet Saudi Crown Prince Mohammed bin Salman, before heading to Riyadh on Wednesday

    On the eve of his Saudi trip, Blinken reiterated that "the US has a real national security interest in promoting normalization between Israel and Saudi Arabia"

  • Iran unveils hypersonic missile, says will boost country’s deterrence

    Iran's Revolutionary Guards unveiled an intermediate range ballistic missile capable of traveling at hypersonic speeds of up to 15 times...

    Several top military commanders were present, including Guards chief General Hossein Salami.

    Like slower ballistic missiles, hypersonic missiles can be equipped with nuclear warheads.

  • Obliterate global plastic pollution on urgent basis

    “We must work as one – governments, firms and consumers alike – to break our addiction to plastics, champion zero...

    Over 400 million tons of plastic is produced worldwide every year, a third of which is used only once, says UN Secretary-General Antonio Guterres

    2,000 garbage trucks' worth of plastic is dumped into global bodies of water daily, while microplastics have permeated our food, water, and even the air

  • Kuwait heads to polls yet again to break political deadlock

    Polls opened on Tuesday in Kuwait's seventh general election in just over a decade, following repeated political crises that have...

    Amid a persistent impasse with the executive branch that has deterred investment, Kuwait's emir called the vote last month after he dissolved parliament

    Many human rights activisits felt that it was important to cast a ballot in spite of the widespread frustration with the political elite of the country

  • Israeli soldiers to join Moroccan war games for first time

    Israel participated in the event last year, however only as international military observers, without soldiers taking part on the ground....

    A delegation of 12 soldiers and commanders from the Golani Reconnaissance Battalion" has been sent to participate alongside some 8,000 soldiers from 18 countries

    According to the Moroccan Royal Armed Forces (FAR), the war games include exercises in operational planning and fighting weapons of mass destruction

  • Qatar minister to lead ILO’s yearly decision making event

    Geneva, Switzerland - Qatar's labor minister was on Monday appointed without a vote to head the International Labour Organization's annual decision-making...

    Asian and Pacific nations, which according to a regional rotation had dibs this year on selecting the president of the two-week event, had proposed Ali Bin Samikh Al-Marri.

    Qatar has long faced harsh criticism over labor rights, especially in the lead-up to last year's football World Cup.

  • Blinken urges Saudi-Israel normalcy, pledges no nukes for Iran

    "The United States has a real national security interest in promoting normalization between Israel and Saudi Arabia. We believe we can...

    Blinken said the Biden administration has "no illusions" that bringing about a full Saudi-Israel normalization can be done quickly or easily.

    "Integration and normalization efforts are not a substitute for progress between Israelis and Palestinians, and they should not come at its expense," he said.

  • US, India agree on defense industry cooperation plan

    The United States and India agreed a roadmap for military industrial cooperation, as New Delhi seeks to reduce its reliance...

    Moscow and New Delhi have been allies for decades, with Russia by far India's biggest arms supplier.

    India is looking to diversify, both by broadening its sources of imports and ramping up domestic production.

  • Iran says will reopen embassy in Saudi Arabia on Tuesday

    Iran is set to reopen its embassy in Saudi Arabia on Tuesday following a seven year closure, Tehran and a...

    Iran's diplomatic mission will return under the leadership of Alireza Enayati, who previously served as the ambassador to Kuwait.

    Saudi Arabia has yet to confirm when it will reopen its embassy in Tehran or its pick for ambassador.