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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.
  • Europe extends sanctions against Russia for six more months

    They have been routinely extended for six-month periods over the past eight years. The EU has imposed nine rounds of...

    The sanctions, originally imposed when Moscow annexed Crimea from Ukraine in 2014, were significantly ramped up after the start of the all-out invasion in February.

    The measures have included hitting Russia's key oil exports, cutting off its banks from the SWIFT global payment system, and targeting President Vladimir Putin personally.

  • Emergency phase of Covid not over as 170,000 die in two months

    In terms of monitoring how the virus is evolving, surveillance and genetic sequencing has dropped sharply, making it harder to...

    WHO emergency panel's 14th meeting on the crisis comes nearly three years to the day since it first sounded the WHO's highest emergency alarm.

    Last time the committee met in October it concluded that the pandemic still constitutes a public health emergency of international concern-- the WHO's highest level of alert.

  • Anger among Palestinians spreads after Israel raid that killed nine

    The operation, which Israel said targeted Palestinian fighters planning an attack, killed nine people and for Palestinians recalled the bloodshed...

    Analysts have warned of more violence to come, after the deadliest year in the West Bank since the UN started tracking the death toll in the occupied territory in 2005.

    The PA announced late Thursday that it was severing security coordination with Israel for the first time since 2020.

  • EU mission to Armenia will fuel confrontation, says Russia

    The mission has been launched during what Armenia describes as a "humanitarian crisis" ravaging the breakaway region of Nagorno-Karabakh. Since...

    Moscow has sought to maintain its role as a powerbroker between the ex-Soviet republics despite being bogged down in its offensive in Ukraine

    On Monday, the EU launched a civilian mission to help monitor Armenia's border with Azerbaijan, bolstering the bloc's role in a region

  • Egypt, India launch ‘strategic partnership’ to boost trade

    The two leaders agreed to increase Indian investments in Egypt, which currently stand at "over $3.15 billion" according to their...

    India is Egypt's seventh-largest trading partner, according to Cairo's central bank's data, with a joint statement touting record high of $7.26 billion during the last fiscal year

    Modi hosted Sisi on Thursday as "guest of honor" for a Republic Day ceremony, marking the anniversary of the adoption of India's post-independence constitution

  • Beirut blast probe suspended, restarted, now stalled again

    Since its early days, the probe has faced a slew of political and legal challenges, with high-level officials who had...

    The deadly August 4, 2020 blast was one of history's biggest non-nuclear explosions, destroying much of Beirut's port and surrounding areas and injuring thousands

    Authorities said that tons of ammonium nitrate fertilizer haphazardly stocked in a port warehouse since 2014 had caught fire, causing the explosion

  • Lebanon central bank says freezes accounts of US-sanctioned individuals

    The central bank "took a decision to freeze all the accounts" of Hassan Moukalled as well as those of his...

    Moukalled has previously acknowledged having acted as an intermediary in indirect negotiations between the central bank and Hezbollah.

    The United States has also slapped sanctions on two of his business interests: the Lebanese Company for Information and Studies (LCIS), and CTEX, a money exchange company.

  • Beirut blast victims’ relatives rally for probe judge

    Families of victims killed in the 2020 Beirut blast rallied to support the judge probing the disaster, after he was...

    The August 4, 2020 blast destroyed much of the Lebanese capital's port and surrounding areas, killing more than 215 people and injuring over 6,500.

    Relatives of the victims and rights groups have blamed the disaster on an entrenched political class.

  • Israeli forces kill nine Palestinians in West Bank raid: Ministry

    The bloodiest violence in months in the Palestinian territories erupted during a raid on the crowded refugee camp in the...

    Palestinian health ministry said the death toll from the clashes rose to "nine martyrs, including an elderly woman" and that 20 people were wounded before Israeli forces withdrew.

    Palestinian health minister Mai al-Kaila charged that "occupation forces stormed Jenin Government Hospital and intentionally fired tear gas canisters at the pediatric department".

  • UAE astronaut says not required to fast during Ramadan on ISS

    Asked at a press conference Wednesday how he will observe the holy month of Ramadan, when Muslims typically fast from...

    Sultan al-Neyadi will become the first Arab astronaut to spend six months in space when he blasts off for the International Space Station next month aboard a SpaceX Falcon 9

    Neyadi, NASA's Stephen Bowen and Warren Hoburg and Russia's Andrey Fedyaev are scheduled to fly to the ISS on February 26 as members of SpaceX Dragon Crew-6