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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.
  • IMF chief: another ‘challenging year’ ahead, risks to financial stability up

    Even with a better outlook for 2024, global growth will remain well below its historic average of 3.8 percent, she...

    Policymakers have acted decisively in response to financial stability risks, and advanced economy central banks have enhanced the provision of U.S. dollar liquidity, she said.

    IMF research shows that productivity-enhancing reforms in China could lift real GDP by as much as 2.5 percent by 2027, and by around 18 percent by 2037.

  • Israeli defence minister calls for pause to reforms as protests continue

    The latest demonstration to hit Israel's commercial hub came days after Prime Minister Benjamin Netanyahu vowed to press on with...

    Galant called for the halt before lawmakers are due to vote next week on a central part of the government's proposals, which would change the way judges are appointed

    Demonstrations erupted in January after the coalition announced its reform package, which the government says is necessary to rebalance powers between lawmakers and the judiciary

  • Russia to deploy tactical nuclear weapons in Belarus: Putin

    Moscow, Russia--Russian President Vladimir Putin said Saturday he would deploy tactical nuclear weapons in neighbour and ally Belarus, bringing the arms...

    The Russian president has openly spoken about using nuclear weapons in Ukraine if Russia were threatened

    Voicing fears that Russia could use nuclear weapons if it feels defeat coming on the battlefield, the US officials have warned Russia against the use

  • Death toll in US strikes on Iran-linked groups in Syria rises to 19

    The Britain-based Observatory, which has a wide network of sources on the ground, said 19 people were killed in the...

    Further rocket attacks by Iran-backed militias took place late Friday, prompting more strikes by coalition warplanes, the Syrian Observatory for Human Rights reported

    The Syrian government, which is closely allied with Iran, accused the United States of lying about the targets of its air strikes to justify its "act of aggression"

  • Violent scenes in France as protests begin against reservoir construction

    SAINTE-SOLINE, FRANCE - French security forces again clashed with protesters Saturday as campaigners sought to stop the construction of reservoirs for...

    Multiple projectiles and improvised explosives were thrown by protesters, with police responding with tear gas and water cannon.

    Eleven people were already detained after police seized cold weapons, including petanque balls and meat knives, as well as explosives.

  • UAE highlights food, energy insecurity at G20 Finance Track meeting

    CHENNAI, INDIA - The UAE spoke on food and energy insecurity and their implications in the second Framework Working Group...

    The UAE delegation highlighted emerging uncertainties in the finance sector.

    The delegation discussed effective ways to promote global financial stability.

  • EU, Germany reach deal on fossil fuel car phaseout

    BRUSSELS, BELGIUM - The European Union and Germany on Saturday said they had struck a deal after a dispute over the...

    A landmark deal to prohibit new sales of fossil fuel cars from 2035 is key to the bloc's ambitious plan to become a "climate-neutral" economy by 2050.

    Germany demanded that the EU provide assurances the law would allow the sales of new cars with combustion engines that run on synthetic fuels.

  • Muharrem Ince, a combative spoiler enters Turkey’s election campaign

    Six disparate parties have built an anti-Erdogan alliance and -- after a year-long debate -- rallied around the candidacy of...

    Ince's last-minute entry into the election race that was shaping opposition's best chance yet to defeat Erdogan has ruffled feathers across the political spectrum

    Eurasia Group analyst Emre Peker said Muharrem Ince's ability to draw votes away from Kilicdaroglu will make his position crucial in the likely runoff on May 28

  • Qatar brokers release of ‘Hotel Rwanda’ hero Paul Rusesabagina

    His detention sparked criticism in the West and among rights groups, and highlighted Rwanda's record of crushing political dissent and...

    Shortly before midnight on Friday, Rusesabagina arrived at the Qatari ambassador's residence in Kigali, a US official said

    He will likely stay there for "a couple of days" before flying to Qatar, which helped broker his release, and then to the United States

  • China has not yet delivered arms to Russia: US President

    Ottawa, Canada--US President Joe Biden on Friday said he believed China has not sent arms to Russia after President Vladimir Putin's...

    The president told reporters in Canada that he had been hearing that China will provide weapons to Russia, but they haven't yet

    While maintaing that he didn't take China or Russia lightly, he added that reports of their rapprochement were "exaggerated"