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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.
  • US, Iran chief negotiators to start nuclear talks in Qatar

    US special envoy Robert Malley and Iran's Ali Bagheri have landed in Doha and met officials after more than a...

    The Doha talks come just two weeks before US President Joe Biden visits the region for the first time since taking office.

    The deal has been hanging by a thread since 2018, when then US president Donald Trump unilaterally withdrew from it.

  • Israel to dissolve parliament, hold new elections

    The Israeli parliament unanimously approved early Tuesday a draft bill to dissolve parliament, a key legislative step that pushes the...

    The Bennett coalition said it wanted quick approval of the law after he announced last week that his year-old alliance was no longer tenable

    Netanyahu and his allies have been holding talks seeking to form a new Netanyahu-led government within the current parliament

  • Indian police arrest journalist, a critic of Modi

    Indian police on Monday arrested the co-founder of a top fact-checking website who has been a vocal critic of Prime...

    Mohammed Zubair was arrested in Delhi after being called in for questioning in an earlier case

    Most government critics however see Zubair's arrest as part of a crackdown on free-speech and rights activists

  • Iran signals approval for Turkey’s military operation in Syria

    Iran's foreign minister signaled that Tehran would not oppose a new proposed Turkish military operation targeting outlawed Kurdish militants in...

    Erdogan has said he expects Turkey's allies to "understand and respect" the proposed military campaign

    Turkish president has confirmed that the offensive on Syria would begin "as soon as our preparations are finished"

  • Turkey supplies combat drones to Ukrainian army

    Turkish drone-manufacturer Baykar, which has President Recep Tayyip Erdogan's son-in-law as one of its directors, offered three of its drones...

    Turkey has never announced any military aid to Ukraine, but this delivery could hardly take place without Erdogan's endorsement

    Ukraine has already said that the Turkish drones it had at the start of the war had proved their worth against the Russian forces

  • Iran says indirect nuke deal talks with US to resume this week

    Talks to revive the nuclear deal began in Vienna in April last year but hit a snag in March this...

    The negotiations will be separate from broader talks in Vienna between Iran and major powers that are mediated by the EU.

    The nuclear deal has been hanging by a thread since 2018, when then US president Donald Trump unilaterally withdrew from it.

  • Saudi-Italian space agencies ink pact on cooperation

    The Saudi Space Commission and the Italian Space Agency sign a memorandum of understanding for enhancing cooperation in the field...

    Saudi Space Commission, Italian Space Agency sign an MoU to enhance cooperation in space-related activities for peaceful purpose

    Federation of Saudi Chambers and General Confederation of Italian Industry ink an MoU to establish a joint Italian-Saudi business council

  • MENA nations make some ‘genuine progress’

    Several MENA countries have fared well on all three domains of the Genuine Progress Indicator, which has been hailed as...

    The GPI nets the positive and negative results of economic growth to examine whether or not it has benefited people overall.

    GPI incorporates environmental and social factors which are not measured by GDP.

  • UAE’s Ministry of Energy and Infrastructure wins DACA Awards

    The UAE Ministry of Energy and Infrastructure received the 'Sustainability Leader in Shipping' award and a 'Decarbonization Champion in Power...

    The UAE Ministry of Energy and Infrastructure was received the Sustainability Leader in Shipping award

    The ministry also got a Decarbonization Champion in Power Sector award during the Decarbonization and Climate Action Awards

  • Arab, Israeli countries deepen cooperation ahead of Biden visit

    The United States, Israel and four Arab countries agreed to closer cooperation and annual foreign ministers' meetings on Monday, two...

    Bahrain, host of the six-way talks, the United Arab Emirates and Morocco all opened ties with Israel under the US-brokered Abraham Accords in 2020.

    Monday's meeting follows a foreign ministers' summit in the Negev desert in March, and comes ahead of Biden's visit to Israel.