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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.
  • 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.

  • Saudi Arabia, France ink MoU on energy cooperation

    The MoU encourages cooperation between the two countries in the fields of electricity, renewable energy, energy efficiency, energy storage, smart...

    The MoU encourages cooperation between the two countries in the fields of electricity, renewable energy, energy efficiency, energy storage, smart grids

    It also promotes cooperation in digital transformation, localization of materials, products and services in the energy supply chain

  • Sudan, Israel agree to move forward with ‘normalisation’

    Sudan in January 2021 formally agreed to normalize relations with Israel in a quid pro quo for the United States...

    Sudan had for decades maintained a rigid anti-Israel stance under longtime autocratic president Omar al-Bashir, who was ousted in April 2019

    Israeli Foreign Minister said he expects relations to be formalized by the end of 2023, but not before Sudan appoints a civilian government

  • After Netanyahu talks, Macron warns of Iran nuclear ‘consequences’

    France agrees that "firmness" is needed in dealings with Iran, a diplomatic source told earlier, saying the nuclear program had...

    In a statement released after a dinner meeting with Nenyahu in the Elysee Palace, Macron warned that Tehran continuing with the atomic project "would inevitably have consequences"

    Israeli Prime Minister Benjamin Netanyahu's visit came after a weekend drone attack on a defense ministry facility in the Iranian city of Isfahan, which Tehran has blamed on Israel

  • In Morocco, Spain PM reinforces ties after crisis

    The visit comes less than a year after the Spanish leader drew a line under a year-long diplomatic crisis by...

    Around 20 deals were signed on Thursday to bolster Spanish investments in areas including renewable energy to education

    Both countries said they were progressing in preparations to open customs offices in Ceuta and Melilla, Spain's two North African enclaves

  • Iraq hopes talks can resolve hitches in US$10bn Total deal

    Iraq admitted it had differences with France's TotalEnergies over a US$10-billion contract, including over the distribution of investments, but expressed...

    The French energy giant had signed the US$10-billion contract with Iraq in September 2021.

    The partnership has struggled to materialize amid reported signs of discord between the two sides.

  • France to host international meet on crisis-hit Lebanon

    The Paris gathering is to be attended by representatives from France, the United States, Saudi Arabia, Qatar and Egypt. Lebanon...

    The political impasse has hampered efforts to lift the Mediterranean country out of its worst-ever financial crisis.

    The currency has lost more than 95 percent of its market value to the dollar since 2019, and more than 80 percent of the population lives in poverty.

  • Israel PM in France, hopes to gain support on Iran

    Israeli Prime Minister Benjamin Netanyahu will hold talks with French President Emmanuel Macron hoping to gain support against Iran's nuclear...

    Netanyahu hopes that Iran's role supplying drones to Russian troops in Ukraine will prompt Western allies to drop ideas of a revival of the 2015 nuclear deal.

    Iran holds several foreign nationals who Western governments see as political hostages.

  • Israel hits Gaza Strip, hours after intercepting rocket fire

    Gaza City, Palestinian Territories--Israel conducted air strikes on the central Gaza Strip early Thursday, according to AFP journalists and witnesses, hours...

    According to local security sources and witnesses, the first strikes hit a training centre of the Ezzedine al-Qassam Brigades

    Gaza, densely populated with 2.3 million people, has been under an Israeli blockade since Hamas took power in 2007

  • Right educational system crucial to help students become an active partners in shaping UAE’s future

    “Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity,” adds Sheikh...

    The educational system must help students earn their university degrees in areas that are suited for their inclinations, skills, and abilities, says Sheikh Abdullah bin Zayed

    Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity, he adds