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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.
  • 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

  • Sheikh Mohamed, Pakistan PM call for boosting bilateral ties

    Rahim Yar Khan, Pakistan---UAE President Sheikh Mohamed bin Zayed Al Nahyan and Pakistan Prime Minister Shehbaz Sharif reviewed the ties...

    Mohamed bin Zayed arrived in the Pakistani city of Rahim Yar Khan during his visit to country that is battling major foreign exchange crisis.

    The UAE on Jan 12 agreed to roll over $2 billion owed by Pakistan and provide the country with an extra loan of $1 billion.

  • Lebanon top prosecutor charges Beirut blast judge

    Investigative judge Tarek Bitar crossed all red lines earlier this week by daring to charge several powerful figures over the...

    The judicial arm-wrestling is the latest of crisis-torn Lebanon's mounting woes, as the value of the national currency hit a new record low against the US dollar on Wednesday.

    Bitar resumed work on the investigation this week after a 13-month hiatus, charging eight high-level officials over the blast, including Prosecutor General Ghassan Oueidat.

  • Iraqi PM to visit France for energy and security talks

    BAGHDAD, IRAQ -  Iraqi Prime Minister Mohammed Shia al-Sudani will travel to France on Thursday for energy and security talks with...

    Sudani said he wants to "activate the agreements" between oil-rich Iraq and France "particularly in the transport, energy and investment sectors".

    French giant TotalEnergies in 2021 signed a $10 billion contract with Baghdad, but work on the multiple projects is yet to begin.

  • Israel forces kill Palestinian in alleged knife attack

    Israeli forces shot dead a Palestinian in the West Bank, the Palestinian health ministry said, in what the army described...

    The Israeli army said that the Palestinian "attempted to carry out a stabbing attack" near the Jewish settlement of Kdumim.

    Last year, 150 Palestinians were killed in the West Bank, the highest annual toll since United Nations records began in 2005.

  • Chris Hipkins replaces Jacinda Ardern as New Zealand PM

    Ardern said last week she no longer had "enough in the tank" after steering the country through natural disasters, its...

    The 44-year-old is now tasked with reversing the government's sagging popularity, which has been hampered by a deteriorating economy and a resurgent conservative opposition.

    Ardern, a global figurehead of progressive politics, has been credited with raising New Zealand's profile on the world stage.

  • Lebanese protest as local currency hits new low

    Lebanese protesters blocked roads and burnt tires near the central bank in Beirut as the local currency plummeted to a...

    Lebanese banks have imposed draconian restrictions on withdrawals since the country's economy collapsed three years ago.

    Dozens of protesters gathered Wednesday near the central bank headquarters amid heavy deployment of security forces.

  • Sweden wants to resume ‘dialogue’ with Turkey on NATO

    "Our collective message is that we want to call for calm, for reflection, for calm in the process so that...

    Turkey earlier in the day said it had postponed upcoming NATO accession talks with Sweden and Finland originally scheduled for February

    The Swedish PM said there were provocateurs who wanted to spoil Sweden's relations with other countries and foil its bid to join the NATO

  • UN nuclear head to travel to Iran next month to restart talks

    Brussels, Belgium--The head of the UN's nuclear watchdog said Tuesday he plans to go to Iran next month for "much needed"...

    Rafael Grossi said that he may go to Tehran "for a much needed political dialogue, or reestablishment thereof, with Iran"

    He noted that the big stockpile of enriched uranium "doesn't mean they have a nuclear weapon"

  • India, Pakistan came close to nuclear war in 2019: Mike Pompeo

    Nearly four years after India and Pakistan used fighter planes to bomb targets in divided Kashmir, former US secretary of...

    India launched airstrikes inside Pakistani territory after blaming a militant group there for a suicide bombing that killed 41 Indian paramilitary soldiers

    Pakistan shot down an Indian warplane, capturing the pilot