Search Site

Trends banner

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘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.
  • Iraq marshlands campaigner freed from kidnappers

    Baghdad, Iraq---A leading campaigner for the preservation of Iraq's famed southern marshlands has been freed, two weeks after he was kidnapped...

    Jassim al-Assadi, 65, head of environmentalist group Nature Iraq, was seized on February 1 as he drove to the capital Baghdad on the main motorway from the south.

    A hydraulic engineer by profession, Assadi has been involved in numerous initiatives since 2006 to restore the marshlands where he was born.

  • Repsol’s profit up on high oil prices

    The oil firm posted a net profit of $4.55 billion in 2022.

    Repsol said gas and oil prices "rose sharply during the first half of 2022" due to sanctions imposed against Russia over its invasion of Ukraine

    It said the higher earnings had allowed it to boost investments in 2022 by 40 percent over the previous year to 4.18 billion euros,

  • Blinken to pledge quake support on first Turkey visit

    Blinken will visit Incirlik air base, through which the United States has shipped aid, and then hold talks in the...

    US has flown in some 200 rescuers and contributed an initial $85 million in relief for Turkey, deploying Black Hawk and Chinook helicopters to bring supplies to worst-hi

    The visit, which was being planned before the February 6 earthquake that has killed nearly 40,000 people in the country and Syria, will be the first by Blinken to Turkey

  • UN likely to vote Monday on call for Israel to stop settlements

    The 15-member council is likely to vote on Monday on the text, drafted by the United Arab Emirates in coordination...

    The 15-member council is likely to vote on Monday on the text, drafted by the United Arab Emirates in coordination with the Palestinians

    US Secretary of State Antony Blinken has already expressed deep concern over Israel’s decision to authorize nine Jewish settler outposts in West Bank

  • US condemns Tunisia arrests of president’s critics

    Washington, United States--The United States on Wednesday denounced Tunisia's arrest of critics of President Kais Saied and called for transparent legal...

    Police have arrested 10 public figures since Saturday, including the director of a popular radio station and a prominent businessman.

    The opposition National Salvation Front said that the arrests were an act of vengeance without legal basis

  • US-GCC Working Group on Iran holds 3rd meeting in Riyadh

    The meeting was co-chaired by Sheikh Ahmed bin Hashel Al-Maskari, Head of the Omani Foreign Ministry's GCC Department.

    The meeting was co-chaired by Sheikh Ahmed bin Hashel Al-Maskari, Head of the Omani Foreign Ministry's GCC Department

    The meeting comes within the framework of the strategic partnership between the GCC and the USA

  • New mechanisms to boost international cooperation in a multipower world, says WEF President Klaus Schwab

    Regarding structural transformations to be witnessed in various vital economic sectors, Schwab says there will be about 10 billion people...

    There is an urgency to develop new mechanisms that strengthen international cooperation in today’s multipower world, says WEF chief Klaus Schwab

    Technological transformation and the Fourth Industrial Revolution will impact the world for years to come, adds Schwab while speaking at WGS 23

  • UAE pledges $50 million more in assistance for quake-hit Syria

    Emirati President Sheikh Mohamed bin Zayed Al Nahyan "has ordered the provision of an additional US$50 million as relief aid...

    The announcement came more than nine days after the 7.8-magnitude quake struck Syria and Turkey.

    It also followed an appeal by the United Nations on Tuesday for $397 million to help earthquake victims.

  • War-scarred Syrian children orphaned by quake

    Last week's quake has affected more than seven million children, including 2.5 million in Syria alone, according to James Elder...

    Hanaa, an eight-year-old girl, keeps asking for news of her family, unaware she is the sole survivor among her immediate relatives.

    Disaster has piled more misery on Syrian children who have only witnessed tragedy in their lives because of the war that broke out more than a decade ago.

  • Saudi Binladin Group fined $5.33m in Makkah crane crash

    Dubai, UAE---A court in Makkah has fined Saudi Binladin Group SR20 million ($5.33 million) after the Group was convicted of...

    A total of 111 people were killed and 394 others injured in the crane crash on Sept 11, 2015 during the Haram expansion project.

    The court found seven defendants guilty of negligence and violation of safety rules, the reports said, adding three of the defendants were sentenced to six months in prison.