Search Site

Trends banner

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.
  • Qatar gives cash-strapped Lebanese army $60m

    Lebanon is grappling with an unprecedented financial crisis, branded by the World Bank as one of the planet's worst since...

    Lebanon is grappling with an unprecedented financial crisis, branded by the World Bank as one of the planet's worst since the 1850s

    The small Mediterranean country defaulted on its debt in 2020, the local currency has lost around 90 percent of its value

  • Europe revives Syria phosphate imports, profiting Russian firm

    Syrian phosphates used for fertiliser are being exported to Europe in bulk, benefitting a Russian firm and the sanctions-hit Damascus...

    The regime in Syria has since 2015 been heavily backed by Russia in its long-running civil war

    The trade is growing fast as the war in Ukraine drives up fertiliser and phosphate prices

  • Tunisia publishes draft constitution ahead of July vote

    Tunisia on Thursday published the draft of a new constitution giving vastly more powers to the president, a text set...

    The constitution provides for a presidential system in a split from the mixed presidential-parliamentary system under the country's 2014 constitution

    The president would be the head of the armed forces and be charged with naming judges, who would be banned from striking

  • China, Russia far from ousting US power in GCC: Vision 3 Chairman Khaled Janahi

    Are China and Russia taking over the US power in the Gulf Cooperation Council region? Khaled Janahi, chairman of Vision...

    Khaled Janahi, chairman of Vision 3, was speaking to TRENDS on the sidelines of TOP CEO Conference and Awards.

    He said China has come a long way from the perspective of economy and technological advancement .

  • Iran remains hopeful of nuclear deal with major powers

    The US, meanwhile, says it is "disappointed" that there is "no progress made" after two days of indirect talks with...

    Iranian Foreign Minister Hossein Amir-Abdollahian says he believes the talks had been "positive" and a deal could still be reached

    The US, meanwhile, says it is "disappointed" that there is "no progress made" in talks with Iran brokered by an EU envoy in Doha

  • Nuke deal revival still possible despite fruitless Qatar talks: Iran

    The talks aim to bring the United States back into a 2015 deal jettisoned by the Donald Trump administration in...

    US said the EU-brokered proximity talks in the Qatari capital Doha had concluded late Wednesday with "no progress made".

    Iranian Foreign Minister Hossein Amir-Abdollahian said he believed the talks had been "positive" and a deal could still be reached.

  • UAE, South Korea ink pact to support entrepreneurs, SMEs

    The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs. During...

    The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs

    During the 11-month program, the two sides will discuss and cooperate in entrepreneurship and SME development

  • Israel to hold fifth election in four years as Parliament dissolved

    The coalition government came apart last week after some Arab lawmakers refused to renew a measure that ensures the roughly...

    The newly called election set for November 1 marks another sign that Israel remains mired in an unprecedented era of political gridlock.

    The November vote will in part be a contest between Netanyahu and Lapid, a former TV news anchor and celebrity who has surprised many.

  • Europe’s Syria phosphate imports profiting Russian firm: Report

    Syrian phosphates used for fertilizer are being exported to Europe in bulk, benefitting a Russian firm and the sanctions-hit Damascus...

    Italy, Bulgaria, Spain and Poland are among the EU states receiving Syrian phosphates.

    International sanctions do not ban the import of Syrian phosphates but key Russian and Syrian players involved in the trade are sanctioned by the US or Europe.

  • ‘Effective steps needed to tackle situation due to Ukraine crisis’

    Jordan's Minister of Foreign Affairs and Expatriates has called for concrete and effective steps to address the effects of the...

    Jordan's foreign minister calls for concrete steps to deal with the effects of Ukraine crisis on food security, energy prices and supply chains

    The minister reviews the Kingdom's relations with NATO and Jordan's role in the 'Mediterranean Dialogue' group since 1995