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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.
  • GCC Secretary General hails Qatar’s role in Palestine-Israel ceasefire

    Riyadh, Saudi Arabia -- The Gulf Cooperation Council has hailed Qatar's efforts for its role in the ceasefire between Israel...

    Jassem Mohamed Albudaiwi said the Qatari diplomacy has been successful in dealing deal with international and regional issues, seeking to resolve them through peaceful means.

    Albudaiwi also appreciated the efforts of Egypt in communicating with the two sides and contributing to establishing the ceasefire.

  • Iran jails eight for asking workers to strike at gas site

    TEHRAN, IRAN - Iranian authorities have arrested eight people for "leading" a workers' strike at a key gas site in the...

    An official said intelligence services arrested eight main leaders of the workers' strike at a gas site in Iran's south.

    The gas site is also knows as having the world's largest reserve and employs around 40,000 people.

  • Three countries to get $280m for financing education programs

    A total of $280 million will be provided to Cameroon, Kyrgyzstan and Uzbekistan as innovative financing under the SmartEd initiative...

    Developed in Dec 2021 by GPE and the ACG, a grouping of Arab financial development institutions, the nitiative has generated $500m to support education in lower-income countries.

    Funds under the initiative are accessible to 37 countries that are members of the Organization of the Islamic Cooperation and collectively are home to 28m out-of-school children.

  • India Jewelry Exposition Center launches in Dubai

    DUBAI, UAE -  The Gem and Jewelry Export Promotion Council (GJEPC) has launched a first-of-its-kind India Jewelry Exposition Center (IJEX)...

    India Jewelry Exposition Center will provide a platform for the country's MSMEs to showcase their products to the Middle East market.

    The move is a reflection of the Middle East's importance to India's gem and jewelry sector which accounts for 30 percent of its exports.

  • Tehran objects to presence of anti-Iran forces at Kurd event in Iraq

    TEHRAN, IRAN- Iran has summoned Iraq's ambassador to protest over the presence of Iranian opposition groups at an official ceremony in...

    Iran reacted sharply to the invitation of what it calls as separatist groups during a function in Iraq's autonomous region of Kurdistan.

    Tehran, which refers to all Kurdish groups who oppose the Iranian government as 'terrorists', summoned the Iraqi envoy over the incident.

  • Syria extends humanitarian aid access via two border crossings: UN

    Following international pressure, Damascus agreed to let the UN use the Bab al-Salama and Al-Rai crossings, operated by Turkish-backed rebels,...

    Syrians affected by the February 6 earthquake that killed more than 55,000 people in Syria and Turkey have been relying on two border crossings for vital humanitarian deliveries

    The United Nations estimated earlier this week that Syria needs almost $15 billion to recover from the quake, and it put the total cost of damage and losses at almost $9 billion

  • Turkey’s president leads prayers on eve of fight for political life

    The president has never faced a more united opposition than the one led by retired civil servant Kemal Kilicdaroglu and...

    The president was emulating a ritual that Ottoman sultans performed before they led their men off to war as he braces for presidential polls

    A shout of "God is greatest" went up over Istanbul's old city as the sun set and news of Erdogan's arrival at the mosque filtered in

  • After five days of deadly fighting, Gaza ceasefire takes effect

    The Egypt-brokered ceasefire began in and around the Gaza Strip on Saturday after five days of violence that has killed...

    Islamic Jihad political department official Mohammad al-Hindi thanked Egypt for its efforts to bring about the ceasefire

    The fighting this week was the worst in the Palestinian-Israeli conflict since an August flare-up that killed nearly 50 Palestinian

  • Anger among people in Turkey, voters divided on election eve

    Widespread public anger at the state's slow response to the tragedy leads many believe that Hatay's electors will vote differently.

    Several people who were forced to flee their homes have returned to take part in the elections.

    Many people are annoyed that after the earthquake the Turkish state had abandoned them.

  • Clashes in Gaza continue despite truce efforts

    Israeli air strikes battered Gaza and militants fired rockets again as deadly fighting resumed after a night of relative calm,...

    Witnesses in Gaza reported that air strikes pounded uninhabited areas of the crowded enclave, while air raid sirens wailed in neighboring parts of Israel.

    The Fatah movement of Palestinian president Mahmud Abbas said the two men killed in the raid were members of its armed wing,