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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.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Iran, Saudi Arabia, UAE, Iraq, other regional powers plan naval coalition

    Iranian Navy Commander Rear Admiral Shahram Irani has declared the formation of a new naval coalition. This alliance, encompassing regional...

    The move reflects the region's understanding of the need for synergy and cooperation in establishing security

    Iran, Russia, and China's annual naval exercises pointed to as a model for this regional coalition

  • Erdogan commences third term today amid economic crisis, West tensions

    Turkey's Recep Tayyip Erdogan has been sworn in for a third term as president, promising to serve "impartially" after winning...

    Despite the devastating February earthquake and economic crisis, Erdogan secures 52.18 percent of the vote

    Erdogan's economic policy, including his unconventional approach to interest rates, is under scrutiny

  • Human fraternity, climate change among top priorities for UAE as president of UNSC

    The UAE will host three high-level Council meetings in June, aiming to promote interfaith dialogue, address climate change impacts on...

    The UAE will host three high-level Council meetings in June, aiming to promote interfaith dialogue, address climate change impacts on worldwide conflicts

    The UAE also seeks to host a high-level briefing on cooperation between the UN and the League of Arab States will take place on June 8

  • Saudi Foreign Minister meets with Iranian counterpart on BRICS sidelines

    Cape Town, South Africa -- Saudi Arabia Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, met Friday with...

    The two ministers reviewed bilateral relations in various fields, in addition to following up the steps to implement the agreement between the two countries signed in Beijing

    Iran, Saudi Arabia and the United Arab Emirates foreign ministers attended the BRICS meeting in South Africa this week, as the bloc seeks to expand its membership

  • US secretary of state Antony Blinken to visit Saudi Arabia

    Blinken's June 6-8 trip comes as both the United States and Saudi Arabia are seeking to broker a durable cease...

    He will participate in a ministerial meeting on Wednesday with the Gulf Cooperation Council, and on Thursday in a meeting in Riyadh of the coalition of countries fighting the ISIS.

    Blinken's trip follows a recent visit to Saudi Arabia by White House National Security Advisor Jake Sullivan and nearly a year after President Joe Biden visited the country.

  • Danish, two Austrian-Iranian citizens freed by Iran

    Iran released one Danish and two Austrian-Iranian citizens it had been holding after mediation by Oman, and they are being...

    Thanking Belgium, Austrian Foreign Minister Alexander Schallenberg said, "Our years of diplomatic efforts to secure their release have borne fruit."

    The Danish man, who was not immediately identified, had been arrested in Iran in November 2022 on the sidelines of a demonstration for women's rights.

  • UN evokes ‘specter of food inflation’ as Ukraine grain exports slow down

    "In May, 33 vessels departed Ukrainian ports, half of the number compared to April. Only three of those departed from...

    UN says Russia "has informed of its decision to limit registrations to the port of Yuzhny/Pivdennyi as long as ammonia is not exported"

    Moscow is calling in particular for a resumption of operations on the Togliatti-Odessa pipeline for deliveries of ammonia

  • Morocco to teach Berber language in more schools

    Morocco has the largest population of Berbers in North Africa, and Thursday's decision responds to a long-standing demand by activists...

    The decision will affect some four million children in 12,000 schools between now and the end of the decade, Chakib Benmoussa told reporters

    Last month, King Mohamed VI declared that the Berber new year's day on January 13 would be an official public holiday from next year

  • Will tax the rich to avoid IMF ‘diktats,’ says Tunisia’s Saied

    Despite reaching an agreement in principle last October on a bailout package worth nearly $2 billion, talks with the IMF...

    "Instead of lifting subsidies in the name of rationalisation, it would be possible to introduce additional taxes on those who benefit from them without needing them," Saied said

    Tunisian president did not say how such a plan might operate as employees' taxes are deducted at source and many Tunisians in the private sector do not declare their full income

  • UAE and Switzerland to enhance cooperation between judiciaries

    Abu Dhabi, UAE - The UAE and Switzerland have discussed opportunities for cooperation between the Abu Dhabi Public Prosecution Office...

    The two sides highlighted the significance of direct communication between the judicial authorities to simplify procedures.

    They also shed light on the importance of concluding judicial agreements and exchanging relevant experiences.