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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

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.
  • 4th batch of Saudi oil derivatives grant arrives in Aden

    Aden, Yemen - The fourth batch of the Saudi Oil Derivatives Grant, consisting of 150,000 metric tons of diesel and...

    This initiative is part of Saudi Arabia's ongoing efforts to support the Yemeni people

    The grant was provided to help Yemen operate over 70 power generation plants

  • China to end Taiwan military exercises with live-fire drills

    China's war games involved sending planes, ships and personnel into "the maritime areas and air space" around all four sides...

    Chinese fighter jets and warships simulated strikes on the self-ruled in exercises that sparked condemnation from Taipei and calls for restraint from Washinghton

    Dubbed "Joint Sword", the three-day operation has included rehearsing an encirclement of Taiwan, the People's Liberation Army's (PLA) Eastern Theatre Command said

  • Manaf Al Hajri named finance minister in new Kuwait cabinet

    Dubai, UAE -- Kuwait's Prime Minister Sheikh Ahmad Nawaf al-Sabah has named Manaf Abdulaziz Al Hajri as minister for finance...

    Most of the ministerial portfolios remain unchanged in the new cabinet, such as Bader Al Mulla, who stays the oil minister.

    Sheikh Talal Al-Khaled Al-Sabah re-appointed as minister of interior and acting minister of defense, and Sheikh Salem Abdullah Al-Jaber Al-Sabah continues to be foreign minister.

  • Saudi delegation arrives in Yemen for peace talks with Houthis

    The delegation's arrival comes roughly a month after China helped broker a surprise rapprochement between Saudi Arabia and Iran, fuelling...

    Saudis and Houthis are believed to have agreed in principle on a six-month truce to pave the way for three months of talks on establishing a two-year "transition" for Yemen.

    The deal is expected to fulfil key Houthi goals, including paying salaries of civil servants in Houthi-controlled areas and lifting restrictions on Houthi-controlled airports.

  • Iran officials to visit Saudi Arabia on April 14 ahead of reopening diplomatic missions

    Iran's foreign ministry said a delegation will visit Saudi Arabia by April 14 to pave the way for reopening its...

    "We are expecting a foreign ministry delegation to visit Saudi Arabia" by Friday (April 14), Deputy Foreign Minister Alireza Enayati said.

    "Two separate delegations will go to Riyadh and Jeddah", ahead of the reopening of Iran's embassy and consulate respectively, he said.

  • Pope deeply concerned as Israel-Palestine violence escalates

    VATICAN CITY, HOLY SEE - Pope Francis underlined his "deep concern" over a flare-up in tensions between Israel and Palestinians, as...

    Fresh violence "threatens the climate of trust and mutual respect needed to resume dialogue between Israelis and Palestinians," the Pope said.

    Israel launched artillery strikes on Syria in retaliation for rockets the army said were fired from there onto Israeli territory.

  • Oman issues order to regulate consumer cooperatives

    MUSCAT, OMAN  -   Oman Ministry of Commerce, Industry and Investment Promotion on Sunday  issued an order to regulate the activities...

    The order aims at promoting Omani products, establishing new supply chains, supporting national industries.

    The ministry pointed out that consumer cooperatives operate under a legal framework to sell goods.

  • Antony Blinken urges Israelis, Palestinians to deescalate tensions

    In a telephonic conversation with UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan, Blinken...

    “The United States will continue to consult closely with partners on how to advance regional security, stability, and prosperity,” Patel said.

    The UAE was the first Arab state to open diplomatic relations with Israel in almost three decades in a US-brokered deal.

  • Rocket debris falls in Jordan after blast near Syria border

    Amman, Jordan--Jordan's army announced that a rocket exploded Saturday evening and its debris fell in Jordanian territory near the border with...

    The explosion in the air coincided with the Israeli army announcing the launch of artillery strikes in Syria in response to rocket from there

    The Jordanian army statement said the debris did not cause any casualties or damage and that officials were examining the site of the incident

  • US Justice Dept launches investigation into secret US documents leak

    US officials told that some documents appeared to be manipulated but many were consistent with CIA World Intelligence Review reports...

    The breach appears to include assessments and secret intelligence reports that touch not only on Ukraine and Russia but also highly sensitive analyses of US allies

    US media said, the leak would prove valuable to Moscow by showing how deep US intelligence has penetrated parts of the Russian military apparatus