Search Site

Trends banner

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.
  • Oman’s Sultan Haitham and Egypt’s el-Sisi review bilateral ties in Cairo

    Cairo, Egypt--Egypt's President Abdel Fattah el-Sisi and Oman's Sultan Haitham bin Tareq reviewed bilateral relations and regional issues in talks...

    The talks between the two leaders are expected to yield several agreements in defense, trade and economic sectors

    Earlier Egypt's president received Sultan Haitham upon his arrival in Cairo, beginning a two-day official visit, his first to Egypt

  • Dubai Customs seizes over 200 samples of endangered animal, plant species since 2020

    DUBAI, UAE - Dubai Customs (DC) successfully seized, over the past three years, nearly 330 tons and over 200 samples...

    Dubai Customs plays a vital role in combating attempts to smuggle prohibited materials.

    It conducts public awareness campaigns on protecting endangered animals and plants.

  • Sharjah Chamber to send India bound trade group on 29 May

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to...

    The initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between Sharjah and India.

    The upcoming trade mission is expected to support the chamber's strategic goals of driving foreign expansion and exploring new markets.

  • Capable of safeguarding Gulf waters in coordination with neighbors: Iran

    Iran said it is capable of ensuring the safety of the vital Gulf waters in cooperation with neighboring countries. Iran...

    The Gulf waters, which carry at least a third of the world's seaborne oil, have witnessed a spate of incidents since 2018.

    Recently the commander of the US Navy's Fifth Fleet transited through the Strait of Hormuz in a guided-missile destroyer.

  • Biden denounces Republican demands on debt ceiling as ‘unacceptable’

    President Joe Biden slammed Republican demands in negotiations to resolve the US debt ceiling standoff as "unacceptable" but said a...

    The Treasury Department says that the US government could run out of money and default on its $31 trillion debt as early as June 1.

    The default can happen if Congress, where Republicans control the House of Representatives, does not authorize more borrowing.

  • Hezbollah carries out military exercise, mock-raids

    AARAMTA, LEBANON - Lebanon's Hezbollah movement simulated cross-border raids into Israel on Sunday in a show of its military might, using...

    Around 200 Hezbollah fighters took part in the raids, part of large-scale military exercise in Aaramta, around 12 miles north of the Israeli border.

    One simulated raid involved a drone attack against a target inside Israel, while in another, fighters attacked vehicles across a mock border.

  • Five Iranian border guards killed in Sistan-Baluchistan province

    Five Iranian border guards were killed during clashes with an armed group in the restive southeastern province of Sistan-Baluchistan, state...

    Iran foreign ministry spokesman Nasser Kanani condemned the attack saying Tehran expects Pakistan to "crack down on terrorist groups".

    The attack was carried out by "a group that was seeking to infiltrate the country" but whose members "fled after suffering injuries, state media said.

  • Erdogan: Turkey’s irresistible force nears final election test

    Known to his inner circle as "beyefendi" (sir) and to admirers as "reis" (the chief), Erdogan prides himself on being...

    The ultimate political survivor, Erdogan, has overcome jail and a bloody 2016 coup attempt to emerge as Turkey's most important leader since Mustafa Kemal Ataturk.

    Next Sunday's runoff is turning into a referendum on Erdogan's rule, with its result likely to leave the sharply polarized nation of 85 million deeply divided.

  • Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

    Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...

    Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"

    He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

  • Bahrain to resume diplomatic relations with Lebanon

    The Bahraini decision comes the day after the Arab League summit in Saudi Arabia against a backdrop of unexpected rapprochement...

    Bahrain followed Saudi Arabia in recalling their diplomats towards the end of 2021 after a Lebanese minister criticized Riyadh's military intervention in the war in Yemen.

    Lebanon's prime minister Najib Mikati said the country "appreciated this decision and welcomes it". Saudi Arabia returned its envoy to Lebanon in April last year.