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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.
  • Relief and concern in Sweden after NATO deal with Turkey

    The agreement, which ends Ankara's veto of their membership bids, was signed by Finland, Sweden and Turkey in front of...

    The agreement, which ends Ankara's veto of their membership bids, was signed by Finland, Sweden and Turkey in front of news cameras

    Both Stockholm and Helsinki also confirmed they considered the PKK a terrorist organization and agreed they would "not provide support to" its allies in Syria

  • Expanding NATO squares up to Russia as Putin slams ‘imperial’ alliance

    The United States vowed to reinforce Europe's defences in the wake of Russia's invasion of Ukraine, as NATO declared Moscow...

    Putin accused the alliance of seeking to assert its "supremacy", saying Ukraine and its people are "a means" for NATO to "defend their own interests."

    NATO leaders have funnelled billions of dollars of arms to Ukraine and faced a renewed appeal from President Zelensky for more long-range artillery

  • Taliban and US to discuss release of frozen funds after quake

    The United States and the Taliban plan talks Thursday in Qatar on unlocking some of Afghanistan's reserves following a devastating...

    White House said it is working "urgently" on the effort to release Afghan's frozen funds

    Washington at the time froze $7 billion in reserves and the international community halted billions in direct aid to Afghanistan

  • Jordan king to attend Sun Valley economic forum in US

    The annual forum, which King Abdullah will be attending with Queen Rania Al Abdullah, brings together foreign and US political,...

    The annual forum, which King Abdullah will be attending with Queen Rania Al Abdullah, brings together foreign and US political, economic, and media leaders

    King Abdullah will meet with top executives of major US and international companies to highlight Jordan's recently launched Economic Modernization Vision

  • Metaverse can contribute $4bn to UAE economy

    The Dubai Metaverse Strategy anticipates that 42,000 jobs will be virtualized through the metaverse by 2030 while also improving resident...

    The Dubai Metaverse Strategy, which was recently announced, aims to raise the metaverse sector's contribution to the UAE's economy to $4b by 2030

    Dubai companies like Emirates, Damac and others are already betting big on this world, and many more are expected to join the pack

  • Iran-US talks in Qatar fail to make progress on nuclear deal

    Indirect talks in Qatar's capital between Iran and the US on reviving a 2015 nuclear deal have concluded with "no...

    The negotiations in Doha were an attempt to reboot long-running European Union-mediated talks on a return to the 2015 agreement between Tehran and world powers

    But by Wednesday night, a US State Department spokesperson said the "indirect discussions in Doha have concluded"

  • Israel’s Bennett won’t run in next election as parliament set to dissolve

    Israel's Prime Minister Naftali Bennett said Wednesday he would not stand in upcoming elections, as parliament postponed a vote to...

    Bennett's motley alliance formed with Lapid in June 2021 offered a reprieve from an unprecedented era of political gridlock

    Bennett said the final straw was a failure to renew a measure that ensures the roughly 475,000 Jewish settlers in the occupied West Bank live under Israeli law

  • UAE Minister promotes trade, friendly ties during Florida visit

    UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi concluded a two-day visit to Florida which...

    The UAE minister's trip to Florida builds on recent trips to the UAE by local Florida officials

    He attended several high level business development and networking events and meetings

  • Syria seizes record 2.3 tons of stimulant captagon: Ministry

    With a kilo of captagon estimated to amount to around 6,000 pills, the cumulated number of pills seized tops 14...

    Law enforcement officers had earlier discovered 249 kilos of captagon hidden in steel machinery inside containers ready to leave the Mediterranean port of Latakia.

    The haul would be the largest recorded this year and bring the total of pills seized in the first half of 2022 to more than 145 million a across the region.

  • WHO backs Qatar to manage Covid risks well at World Cup

    The WHO voiced confidence Tuesday that hosts Qatar would successfully manage the Covid-19 risks at the 2022 football World Cup.

    Two million tickets will be sold in total, with another one million reserved for sponsors and the sport's global governing body FIFA

    The Qatari capital Doha, with a population of about 2.4 million, is bracing itself for the huge influx of visitors