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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.
  • Russia agrees to grain export deal extension for 60 days

    Russia has agreed to extend the Ukraine grain export deal following talks with the United Nations - but only for...

    The grain export deal has helped ease the global food crisis triggered by Russia's full-scale invasion of Ukraine in February 2022.

    The invasion saw Ukraine's Black Sea ports blocked by warships until a deal signed in July allowed for the safe passage of exports of critical grain supplies.

  • Enforcement alone is no fix for cross-channel migration woes: UN

    British Prime Minister Rishi Sunak and French President Emmanuel Macron last Friday agreed a new pact worth over 500 million...

    More than 3,000 migrants have arrived in Britain in small boats across the Channel so far this year, and the backlog of asylum claims now exceeds 160,000.

    The deal will see Britain step up funding to France to allow hundreds more French police to patrol the Channel and also establish a new detention cent as a further deterrent.

  • Tunisia swears in new parliament with truncated powers

    Tunisia inaugurated a new parliament largely stripped of its powers, after a vote that saw a paltry turnout amid boycotts...

    The new parliament was elected after a new constitution was passed in a July 25, 2022 referendum granting President Kais Saied unchecked powers.

    The referendum was held exactly a year after he froze the previous legislature and dismissed Tunisia's government, before assuming wide-ranging powers.

  • Would welcome restoration of ties with Bahrain, says Iran

    Iran said it would welcome restoring ties with Bahrain to end seven years of ruptured relations, following the China-brokered deal...

    Iran and Saudi Arabia support rival sides in several conflict zones including Yemen.

    Some of Saudi Arabia's Gulf Arab allies have already sent envoys back to Iran.

  • UN investigators hit out at lackluster help for Syria quake victims

    GENEVA, SWITZERLAND - The world failed to act quickly enough to rush life-saving aid to Syrians in desperate need following the...

    Almost 6,000 people were killed in Syria by the 7.8-magnitude tremor that struck the country and neighboring Turkey.

    The UN estimates that five million people need basic shelter and non-food assistance in the quake-hit part of Syria.

  • UNHCR urges more support for Turkey, Syria earthquake survivors

    ISTANBUL, TURKEY - United Nations High Commissioner for Refugees (UNHCR) president Filippo Grandi concluded a five-day visit to earthquake-devastated areas...

    UNHCR president reviewed and discussed the immediate humanitarian response with authorities in Turkey and Syria.

    UNHCR has delivered tens of thousands of tents, beds, mattresses, thermal blankets to the quake survivors in the two countries.

  • Belarus, Iran vow to boost ties amid Russia’s Ukraine war

    Lukashenko said he had observed "with great respect the perseverance with which the (Iranian) people resist external pressures, attempts to...

    Ex-Soviet state Belarus serves as a rear base for Russian troops, and Iran is accused of supplying Moscow with armed drones

    Iranian President Ebrahim Raisi hailed three decades of close ties with Belarus after talks with his counterpart Alexander Lukashenko

  • Video: Leaders find ways to unite fragmented world

    Efforts were made to bring together a divided world and find solutions to the ongoing global crises during the World...

    Efforts were made to bring together a divided world and find solutions to the ongoing global crises during the World Economic Forum's Annual Meeting held in Davos earlier this year

    Despite the ongoing pandemic and continuing restrictions, the meeting in Davos garnered heightened interest due to the conflict in Ukraine, and its economic repercussions

  • Boat capsizes off Libya, nearly 30 migrants feared drowned

    Italy's coastguard said the boat in distress was in Libya's search-and-rescue zone, and that the deadly episode laid bare "the...

    Seventeen migrants were saved and a search was underway for the missing after the early-morning attempted rescue in Libya's search-and-rescue zone, the coastguard said

    On Saturday, the Italian coastguard brought more than 1,300 rescued migrants safely to Italian ports after three packed boats ran into bad weather

  • UAE-Israel ties solid despite clashes in Palestine

    The Israeli-UAE trade is likely to get an added boost in the next few weeks as an anticipated signing of...

    The Israeli-UAE trade is likeiy to get an added boost in next few weeks as an anticipated signing of a customs agreement will enable the FTA signed last year to go into effect

    Israel imports diamonds, electronic equipment, IT, and communications equipment from the UAE and mainly exports diamonds, electronic equipment and cosmetics