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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.
  • Netanyahu removes interior minister after Supreme Court order

    Jerusalem, Undefined - Israeli Prime Minister Benjamin Netanyahu removed a top minister from office Sunday following a Supreme Court ruling against...

    Leader of the ultra-Orthodox Jewish party Shas, Deri was appointed health and interior minister last month.

    On Wednesday, the Supreme Court ruled that Netanyahu "must remove Deri from his position" due to a tax evasion conviction.

  • Arab states boycott meeting hosted by Libya’s unity government

    The snub underlines Arab divisions over the Tripoli-based government, whose legitimacy is contested by a rival administration in the war-torn...

    Four members sent lower-ranking ministers or ambassadors while Arab League chief Ahmed Aboul Gheit was also absent.

    The unity government was the product of a United Nations-mediated peace process following the country's last major battle in 2020.

  • Iranian women political prisoners urge end to protester executions

    PARIS, FRANCE - Thirty women political prisoners in Iran, including a Franco-Iranian academic and the daughter of a former president, on...

    The signatories included Franco-Iranian researcher Fariba Adelkhah.

    Another is former lawmaker Faezeh Hashemi, the daughter of former president Akbar Hashemi Rafsanjani.

  • CBUAE, Egyptian Banking Institute discuss training, cooperation

    ABU DHABI, UAE - The Central Bank of the UAE (CBUAE) and the Egyptian Banking Institute (EBI) which is under...

    CBUAE and Egyptian Banking Institute reviewed the prospects to enhance cooperation and exchange information.

    They also discussed supporting professional capabilities-building and expertise development.

  • Iran warns of ‘reciprocal’ action after EU labels Guards terror group

    Members of the European Parliament voted on Wednesday to include the Guards on the 27-nation bloc's terror list in "light...

    Iran's parliament speaker Mohammad Bagher Ghalibaf said that parliament would "recognize the armies of the European countries... as terrorist groups".

    The Guards, formed shortly after the 1979 Islamic Revolution, answer to Iran's supreme leader Ayatollah Ali Khamenei and boast their own ground, naval and air forces.

  • King Charles III coronation to be a star-studded event

    The coronation traditionally takes place some months after a new sovereign has ascended to the throne, following a period of...

    The palace said the three days of ceremonial, celebratory and community events in early May will be a chance for "people to come together in celebration of the historic occasion"

    Several thousand pairs of tickets will be made available through a public ballot, while volunteers from charities supported by Charles and Camilla will also be able to attend

  • Sweden’s NATO bid hits roadblock as row heats up with Turkey

    President Recep Tayyip Erdogan's objections to Sweden's NATO membership rest largely on Stockholm's refusal to extradite Turkish nationals Ankara wants...

    Erdogan wants more action from Stockholm against the Kurdistan Workers' Party, listed as a terror group by Turkey and its Western allies

    Earlier this month, Ankara called in Sweden's ambassador after pro-Kurdish activists hung an effigy of Erdogan from its feet, comparing him to Benito Mussolini

  • Former PM Yair Lapid joins mass rally against Israel govt

    The demonstration was the largest so far since Lapid's successor Benjamin Netanyahu returned to power last month at the head...

    The Tel Aviv demonstration also drew opponents to Israel's occupation of the Palestinian territories, as many ministers are ardent supporters of settlement expansion

    Judicial revamp has been met with rare public criticism from Supreme Court president Esther Hayut, who branded it an "unbridled attack" earlier this month

  • Egypt sets free businessmen detained on terrorism charges

    Authorities in Egypt released two noted businessmaen after some two years in pretrial detention on terrorism-related charges, according to the...

    Safwan Thabet was arrested in December 2020 and charged with joining and financing the banned Muslim Brotherhood, branded a terror group in 2013

    Egypt released hundreds of political prisoners last year, though rights groups estimate some 60,000 remain in detention,

  • Iraq finalizes fresh air deals with Gulf countries

    BAGHDAD, IRAQ - The Civil Aviation Authority announced the work to conclude new air agreements with the Gulf states. A spokesman...

    A spokesman for the Civil Aviation Authority said We have agreements with all Gulf countries and all Gulf national carriers that land in Iraqi airports

    He added that in the future, there may be air agreements with Kuwait as well.