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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.
  • 22 Malian migrants died in boat disaster off Libya: UN

    Twenty-two Malian migrants died in a boat disaster off the Libyan coast, the UN said Tuesday, citing survivors who reported...

    Libya has become a key route for irregular migration to Europe in the chaotic years since the 2011 overthrow and killing of dictator Moamer Kadhafi in a NATO-backed uprising

    Many have drowned at sea, thousands have been intercepted by the Libyan coastguard, which has been backed by Italy and the EU, and returned to Libya

  • Israel PM talks Iran, Lebanon with Macron on his first trip

    Iran and its influence in the Middle East took center stage on Tuesday in talks between Israeli Prime Minister Yair...

    Israel PM discussed Lebanon dispute with French president and said that he presented intelligence on Hezbollah and its activities

    Emmanuel Macron said Israel and Lebanon should "avoid any action" that could worsen relations between the two countries

  • Morocco urges return to W. Sahara roundtable talks

    Morocco called Tuesday for a return to regional roundtable talks on a peace deal over the Western Sahara, a format...

    The Moroccan officials told the UN diplomat that they remained committed to "the political process of roundtables" to reach a realistic solution

    Morocco controls some 80 percent of the Western Sahara and has long insisted it must retain sovereignty there

  • Algeria to re-open land border with Tunisia: president

    Passengers had been blocked from crossing the border since March 2020 to stop the Covid-19 illness spreading, although cargo traffic...

    Passengers had been blocked from crossing the border since March 2020 to stop the Covid-19 illness spreading, although cargo traffic had continued

    Being cut off from a neighbour of some 44 million people has dealt a serious blow to Tunisia's tourism industry

  • Tunisia freezes bank accounts of Ghannouchi, opposition figures

    A Tunisian court on Tuesday froze the bank accounts of several key opponents to President Kais Saied, including Rached Ghannouchi,...

    A court had already imposed a travel ban on Ghannouchi late last month over a probe into high-profile political assassinations that rocked the country in 2013

    Tunisia's long-running political crisis took a dramatic turn last July when Saied sacked the government, and seized far-reaching powers

  • Libya’s presidential council announces plan to end crisis

    Libya's Tripoli-based Presidential Council on Tuesday announced a plan to extract the country from its latest political crisis and hold...

    The council did not provide details, but said the plan would "preserve Libya's national unity, end the spectre of war (and) put an end to foreign intervention".

    Presidential and legislative elections were originally scheduled for December 2021 to cap a UN-sponsored peace process following the last round of large-scale fighting.

  • ‘Jordan’s industries have potential to access Algerian market’

    Jordan's industrial goods have a great opportunity to gain a foothold in the Algerian market, president of the Jordan and...

    Leather, textile, medical supplies, chemicals, food, agricultural and livestock industries can access the Algerian market

    There is a need for opening a direct maritime transport route between Jordan and Algeria

  • Doha vows to complete building work before start of World Cup

    Building work in Qatar's capital Doha, host of the 2022 World Cup, will be completed "well before the tournament", the...

    The two days seminars will brief the qualified team staff of Qatar World Cup on logistics, security, playing conditions and refereeing

    Representatives of the qualified nations can observe the preparation of stadiums for FIFA 2022 and can also visit training grounds ahead of the tournament's opening

  • Sudan’s coup leader says army stepping back for civilian govt

    The decision was taken "to make room for political and revolutionary forces and other national factions" to form a civilian...

    The decision was taken "to make room for political and revolutionary forces and other national factions" to form a civilian government

    Widespread international condemnation and aid cuts followed the putsch, the latest in the impoverished northeast African country

  • Morocco puts migrants on trial for attempt to cross into Spain

    The trial of 36 migrants accused of "illegally entering" Morocco started Monday but was immediately halted, lawyers said, days after...

    The hearing came 11 days after at least 23 migrants died during a mass attempt to enter Spain's Melilla enclave on Morocco's northern coast

    Another 29 migrants, including a minor, face a court hearing on July 13 on charges of "joining a criminal gang to organize and facilitate illegal immigration"