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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.
  • Moscow ‘captures’ Bakhmut ahead of Kyiv counteroffensive

    Bakhmut, which once had a population of 70,000 people, has been the scene of the bloodiest battle in Moscow's more...

    Ukrainian president Volodymyr Zelensky has warned that the fall of the city would open the way for Russian troops to capture more parts of Donbas.

    Russia's announcement that the city had fallen came hours ahead of Zelensky's meeting Sunday with US President Joe Biden in Japan, during the G7 summit.

  • Saudi astronauts to conduct 11 experiments at Space Station

    Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...

    Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom

    The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

  • Air strikes hit Khartoum as factions agree Saudi-US mediated ceasefire

    The ceasefire "may be extended with the agreement of both parties," a joint statement issued after talks in Jeddah said....

    The power struggle between regular army chief Abdel Fattah al-Burhan and his former deputy turned rival Mohamed Hamdan Daglo, who heads the paramilitary RSF, erupted on Apr 15.

    On Saturday, Qatar's embassy was the latest diplomatic mission to be attacked, after similar attacks on the embassies of Jordan, Turkey and Saudi Arabia.

  • Qatar embassy attacked in Sudan as civil war rages

    Air strikes and artillery exchanges shook the Sudanese capital and armed men ransacked the Qatari embassy as the country's warring...

    "The embassy staff had previously been evacuated and... none of the diplomats or embassy staff were subjected to any harm," Qatar foreign ministry said.

    The attack came a day after Arab leaders meeting at a summit in Saudi Arabia urged Sudan's feuding generals to halt the fighting.

  • WHO unveils network to minimize spread of infectious diseases

    The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and...

    The network will rely on pathogen genomics to analyze the genetic code of viruses, bacteria and other disease-causing organisms.

    The data gathered will feed into a broader disease surveillance system used to identify and track diseases, in a bid to contain outbreaks.

  • US debt ceiling issue keeps Biden, aides busy at G7

    President Joe Biden may be on the other side of the world but his political fight back home over the...

    The Group of 7 meeting in Japan is an important stage for Biden's goal of restoring US leadership among the world's democracies.

    "It is definitely a subject of interest here at the G7," National Security Advisor Jake Sullivan told reporters.

  • G7 to focus on ‘responsible’ use of artificial intelligence

    The world must assess the impact of generative artificial intelligence, G7 leaders said, announcing they will launch discussions this year...

    Text generation tools such as ChatGPT, image creators and music composed using AI have sparked delight, alarm and legal battles.

    European Parliament lawmakers this month also took a first step towards EU-wide regulation of ChatGPT and other AI systems.

  • UAE to implement support scheme for low-income farm owners

    DUBAI, UAE -   The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the...

    The support aims to reduce the financial burden related to electricity bills, as part of an integrated and holistic approach to help low-income families in UAE.

    Beneficiaries can check the monthly support amount by referring to their farms’ consumption bill through Etihad Water & Electricity’s service channels.

  • UAE discusses clean energy partnerships with Germany, Netherlands

    ABU DHABI, UAE -  A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the...

    Over 11,500 decision-makers, energy ministers and CEOs from over 100 countries participated in the World Hydrogen Summit 2023 in Netherlands.

    A senior UAE official provided an overview of the country's energy transition, with a focus on its hydrogen industry.

  • Sudan’s de facto leader sacks rival general as war rages on

    The sacking of the general made no difference to the fighting on the ground in both Khartoum and Darfur even...

    Saudi Arabia, hosting an Arab summit on Friday, has been seeking to hammer our a humanitarian ceasefire, while representatives of the warring generals are at present in the kingdom

    UN aid chief said he was "allocating $22 million to support relief efforts in Chad, the Central African Republic, Egypt and South Sudan," where Sudanese have sought refuge