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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.
  • Winter rains bring life back to Iraq’s drought-hit marshlands

    The relief of rainfall early this month was welcomed by the UN agency, which noted in a statement that in...

    A UNESCO World Heritage Site, the marshes were parched and dusty last summer by drought in the climate-stressed country and by reduced flow from the Tigris and Euphrates river

    In July, the UN Food and Agriculture Organization deplored the "unprecedented low water levels" in the marshes, highlighting "the disastrous impact" for more than 6,000 families

  • Syria bus attack leaves 15 police officers wounded

    More than 15 police personnel were wounded in an attack on a bus carrying them in the south of the...

    In 2011 the uprising against President Bashar al-Assad started from Daraa, but it returned to Damascus's control in 2018 under a reconciliation deal backed by Russia

    The Islamic State group, whose third leader was killed in Daraa in October, sometimes claims responsibility for attacks in the region

  • Abu Dhabi Global Market receives French delegation

    ABU DHABI, UAE - Abu Dhabi Global Market (ADGM) Monday received a French  delegation to strengthen bilateral relations through dialogues...

    ADGM is home to an increasing number of French companies including renowned anchor tenants such as BNP Paribas Group.

    Dialogues were exchanged through an open platform discussion along with closed-door sessions and roundtables.

  • Fight global warming without harming economic growth: COP28 chief

    The UAE is pushing the merits of carbon capture -- removing carbon dioxide as fuel is burned, or from the...

    Sultan Al Jaber, the UAE's special envoy for climate change and CEO of oil giant ADNOC, said the energy transition needed to make the planet "wealthier and healthier".

    The UAE, one of the world's biggest oil producers, argues that crude remains indispensable to the global economy and is needed to finance the energy transition.

  • Blinken in Tel Aviv to urge calm as violence escalates

    Washington's top diplomat arrived in Israel on the second leg of his Middle East tour, after meeting Egyptian President Abdel...

    Israel is reeling from an attack Friday that killed seven civilians in annexed east Jerusalem, a day after Israeli forces killed 10 Palestinians in the occupied West Bank.

    In the latest bloodshed, Israeli troops Monday killed a Palestinian driver in the West Bank, officials on both sides said.

  • ‘Israeli troops kill Palestinian driver as car speeds off’

    Israeli troops killed a Palestinian driver in West Bank, officials on both sides said, with the army saying the car...

    The Israeli army said that soldiers had "identified a suspicious vehicle" and "asked the driver to stop the vehicle in order to inspect it.

    The army said that the driver was taken from the car by Palestinian medics and "was later declared dead".

  • Tunisia opposition calls for unity after tepid election turnout

    Following a similar turnout in December's first-round vote, Sunday's poor participation was another blow to Saied, who has stripped the...

    Electoral board chief said 887,638 out of more than 7.8 million registered voters had taken part in the Sunday's poll, which followed December's widely boycotted first round

    The National Salvation Front said the low turnout exposed "the total failure" of Saied's project, and said it would not recognize the new parliament

  • Israel to penalize attacker’s family as violence rages

    Israeli government announced that the home of a 13-year-old boy who shot two Israelis would be sealed off even though...

    Israeli government is planning to rescind the rights to social security benefits of attackers' relatives and has also considered easing access to guns for Israeli civilians

    Emmanuel Macron urged all parties to avoid feeding a "spiral of violence" during a telephone call on Sunday with Israeli Prime Minister

  • Lebanon’s offshore exploration agreement supports the country’s economic development, says Qatar’s minister

    "This very important commitment gives us the opportunity to support Lebanon’s economic development, at this critical juncture. And I want...

    Qatar had entered a consortium to explore for offshore gas in waters near Israel, following a historic border deal last year between the two rivals

    The agreement green-lights Lebanon's exploration of its southern Qana, or Sidon, reservoir following the signing of the landmark accord last October

  • Air strikes hit convoy crossing into eastern Syria from Iraq

    A convoy of trucks driving into eastern Syria from Iraq on Sunday was hit by air strikes, destroying all the...

    Iran provides military support to its ally Damascus in Syria's civil war, including through armed factions

    In the past a US-led coalition fighting the remnants of the Islamic State group in Iraq and Syria has carried out strikes on pro-Iran fighters in Syria.