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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.
  • UN agency for Palestinian refugees needs $1.6 bn for vital works in 2023

    The agency warned that most Palestinian refugees now live below the poverty line and a growing number are dependent on...

    The agency, which counts nearly 30,000 staff -- most of them Palestinian refugees -- runs more than 700 schools.

    UNRWA chief Philippe Lazzarini said the agency played "an indispensable role" for millions of Palestinian refugees.

  • Jordan’s king meets Israeli PM Netanyahu in Amman

    Jordan's King Abdullah II hosted Israeli Prime Minister Benjamin Netanyahu in Amman in a rare meeting after years of strained...

    Jordan in 1994 became the second Arab country to recognize and sign a peace treaty with neighboring Israel, after Egypt.

    Prime Minister Benjamin Netanyahu's office said the Israeli leader discussed "regional issues" and bilateral ties with the Jordanian king.

  • Lebanese prosecutor general charged in Beirut port blast

    Ghassan Oueidat had in 2019 overseen a security services investigation into cracks in the warehouse where the ammonium nitrate was...

    Judge Tarek Bitar charged Lebanon's top prosecutor Oueidat and the three judges, with "homicide, arson and sabotage".

    One of history's biggest non-nuclear explosions destroyed most of Beirut port and surrounding areas on August 4, 2020.

  • Israel doubts remain despite UAE Holocaust education

    Dubai's Holocaust Gallery is the only permanent exhibition on Arab soil about Nazi Germany's genocide of European Jews.

    Arab nations generally have generally been reluctant to tackle Holocaust as it was a key factor leading to the 1948 creation of Israel and expulsion of Palestinians.

    "Those who had suffered injustice should protect those who suffer injustice -- and not act unjustly," reads a message in the visitors' book in Dubai gallery.

  • Quran desecration: Turkey, Indonesia summon Swedish, Dutch envoys

    Swedish-Danish politician Rasmus Paludan on Saturday torched a copy of the Islamic holy book in front of Turkey's embassy in...

    Turkey on Tuesday summoned the Dutch ambassador to express its deep displeasure with an anti-Islam protest in The Hague targeting the Quran.

    The high representative of the United Nations Alliance of Civilizations has condemned the burning of the holy book as a “vile act”.

  • France repatriates 15 women, 32 children from Syrian jihadist camps

    The children returned to France on Tuesday were at the Roj camp in northeast Syria under Kurdish administration, about 15...

    Rights groups have been pressing for years for France to take back the wives and children of fighters held in the camps since the IS group was ousted from the country in 2019

    The lawyer who published the UN torture committee ruling, Marie Dose, said 150 French women and children were being held in the Syria camps before Tuesday's repatriation

  • Iran vows response to new EU, UK sanctions over protests

    The EU and Britain on Monday slapped another round of sanctions on Iran which has been rocked by protests since...

    Iran's warning of tit-for-tat measures comes after relations deteriorated sharply, with the EU and Britain ramping up sanctions over the country's response to the protests

    The EU imposed its fourth round of sanctions against Tehran since the protests started, placing 37 more Iranian officials and entities on an asset freeze and visa ban blacklist

  • UN faults climate change for jump in human trafficking risks

    The UN drugs agency noted that an increase in cases of human trafficking had been observed in Bangladesh and the...

    The continuing war in Ukraine is also another risk factor for increased human trafficking, UNODC said

    The UN report is based on data from 141 countries collected from 2017 to 2020, and the analysis of 800 court cases

  • Morocco votes to review ties with European Parliament

    Morocco's Parliament "decided to reconsider its relations with the European Parliament and submit them for an overall evaluation," said Rachid...

    Members of both houses of Morocco's parliament met in the capital Rabat for a joint session in response to the non-binding European text adopted on Thursday

    In a statement later, they called the European resolution "an unacceptable attack against the sovereignty, dignity and independence of judicial institutions in the kingdom

  • Kuwait’s government resigns, three months after taking power

    Three months after it was sworn in, Kuwait's government tendered its resignation in the wake of disputes with lawmakers, plunging...

    The official news agency said that the prime minister submitted the cabinet's resignation to Crown Prince Sheikh Meshal al-Ahmad al-Jaber Al-Sabah,

    The government was sworn-in in October with fighting corruption among its priorities, after the opposition reaped major gains in parliamentary elections