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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.
  • Former Egypt Prime Minister Sherif Ismail dies at 67

    Ismail was sworn in as prime minister in 2015 before resigning in 2018 as Sisi began his second presidential term,...

    Ismail was sworn in as prime minister in 2015 before resigning in 2018 as Sisi began his second presidential term

    He oversaw a period of tough economic reforms that in late 2016 saw a steep currency devaluation

  • Israelis rally for fifth week against govt reform plan

    Carrying signs reading "Save Israel's democracy from Netanyahu", thousands of Israelis demonstrated in Tel Aviv on Saturday against controversial legal...

    The protests have become a weekly fixture on Saturday evenings since Netanyahu's new government took office in late December

    The judicial reforms would allow Israel's parliament to overrule any Supreme Court decision with a simple majority of 61 lawmakers in the 120-seat body

  • UAE, France, India to join hands in energy, climate change sector

    The United Arab Emirates, France and India have issued a joint statement announcing the establishment of a trilateral cooperation initiative...

    The three countries affirmed that the trilateral initiative will serve to promote the design and execution of cooperation projects in various fields

    The initiative will also serve as a platform to expand cooperation between the three countries’ development agencies on sustainable projects

  • Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head

    AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...

    Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.

    There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.

  • UN chief calls for building alliance of peace on International Day of Human Fraternity

    NEW YORK, US - On the occasion of the International Day of Human Fraternity, the UN chief Saturday called for...

    The International Day of Human Fraternity celebrates values that hold our human family together, UN Secretary-General António Guterres said.

    Let us all take inspiration and renew our commitment to stand together as one human family, the UN chief said.

  • UAE participates in G20’s sustainable finance working group meeting for 2023

    ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...

    The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.

    G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.

  • US, western allies slam Iran’s response to UN nuclear watchdog report

    Washington, United States--The United States issued a joint statement with France, the United Kingdom and Germany on Friday criticizing Iran's "inadequate"...

    The UN nuclear watchdog issued a warning to Tehran on Wednesday after it found that changes had been made without prior notification at the Fordo Fuel Enrichment Plant

    Iran said that an IAEA inspector had accidentally flagged the changes as being undeclared, and that the matter was later resolved

  • Hamas slams Sudan agreement to move ahead with Israel ties

    During the three-decade rule of Islamist general Omar al-Bashir, Sudan was one of the staunchest supporters of Hamas and other...

    Hamas called on the Sudanese leadership to backtrack on this decision that contradicts the interests of the brotherly people of Sudan and would only serve the Israeli agenda

    On Thursday, during the first visit to Khartoum by an Israeli foreign minister, the two governments agreed to move forward with the normalisation process agreed in January 2021

  • UAE, France foreign ministers discuss strategic partnership

    ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan received French...

    The UAE and French ministers discussed bilateral relations and available opportunities for expanding cooperation between the two countries.

    The two sides stressed their keenness to continue consultations and coordination on issues of mutual concern.

  • US, UAE officials discuss financial crimes

    ABU DHABI, UAE - The US Department of the Treasury’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson led...

    Officials from both the countries reiterated their commitment to the continued dialogue between the two sides.

    They agreed to exchange respective experiences on efforts pertaining to Virtual Assets and Virtual Asset Providers (VASPs), supervisory efforts.