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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.
  • France, Qatar to strengthen strategic partnership

    "Political, economic, and energy supplies" were the main topics of our discussions, said the Qatari Foreign Minister.

    "Political, economic, and energy supplies" were the main topics of our discussions, said the Qatari Foreign Minister

    The Ukrainian war was also discussed in the light of its impact on the food supplies around the world

  • Iran to supply Russians with UAVs for Ukraine: White House

    Iran is planning to supply hundreds of drones with combat weapon capabilities to Russia for use in Ukraine, a top...

    Jake Sullivan said it was not clear whether Iran had delivered any of the drones to Russia yet

    He noted that Iran's drones have been used by the Houthi rebels in Yemen to attack Saudi Arabia

  • UAE minister discusses CEPA, investments with local companies

    Minister of Economy and Chairman of the UAE International Investors Council Abdullah bin Touq Al Marri said, in a meeting,...

    UAE International Investors Council has set up a platform to protect the interest of Emirati companies and investments abroad

    UAEIIC meeting discussed the advantages offered by the comprehensive economic partnership agreements signed with India, Israel and Indonesia

  • World population set to reach 8bn this year, says UN

    The world's population is expected to hit eight billion on November 15, the UN forecast Monday in a report that...

    The forecast by the UN Department of Economic and Social Affairs said the world's population is growing at its slowest pace since 1950

    It should hit 8.5 billion in 2030 and 9.7 billion in 2050, peaking at around 10.4 billion people in the 2080s before steadying at that level until 2100

  • Reaching out without walking back? Biden begins delicate Saudi trip

    Biden appears ready to re-engage with Saudi Arabia that has been a key strategic ally of the United States for...

    Biden appears ready to re-engage with Saudi Arabia that has been a key strategic ally of the United States for decades

    In his op-ed, Biden said Saudi Arabia was "working with (his) experts to help stabilize oil markets."

  • Diplomats seek deal to keep critical Syria aid flowing

    Diplomats at the United Nations held last-ditch discussions on extending Syrian cross-border aid Sunday, as residents of the country's rebel-held...

    The lack of an agreement threatens to upend assistance to more than two million people

    Russia on Friday vetoed a Security Council resolution that would have prolonged the mechanism by one year

  • Fear of global slowdown worries Gulf economies

    The global economic stagnation is expected to impact the GCC growth due to the decline in industrial and economic activities...

    Economic stagnation has been a concern in many countries worldwide, especially in the Gulf states

    Economic stagnation is a concern in light of the growing inflation, rise in interest rates and disruption in supply chains

  • ‘Faceless killer’: Syria landmines keep sowing death

    Since 2015, landmines and other explosive remnants have on average killed or injured five people every day, according to UN...

    Since 2015, landmines and other explosive remnants have on average killed or injured five people every day, according to UN data

    Remnants of explosives laid by all sides in the 11-year-old conflict are now claiming more lives in Syria than anywhere else in the world, says the United Nations

  • Kuwait asks its citizens to leave turmoil-hit Sri Lanka at the earliest

    Kuwait's Foreign Ministry has called on nationals who are currently in Sri Lanka to keep away from protest areas, heed...

    Kuwait also advised nationals who are planning to travel to Sri Lanka to postpone their trips.

    It encouraged Kuwaitis in Sri Lanka to call the embassy or the ministry if they seek any help.

  • Iran reports new technical advances at nuclear plant: IAEA

    The UN watchdog's director-general Rafael Mariano Grossi said the changes at the plant under mountains south of the Iranian capital...

    IAEA said Tehran had started "feeding... a cascade of... centrifuges" at the Fordow fuel enrichment plant which has recently been upgraded.

    In January 2021, Iran said it was working to enrich uranium to 20 percent at Fordow, well beyond the 3.67 percent agreed under the 2015 deal.