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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.
  • Israel to pay housing allowance to South Lebanon Army veterans

    Israel on Sunday approved housing allowances for South Lebanon Army (SLA) veterans residing in the Jewish state, providing "historic justice"...

    Israeli army said the decision of housing allowances for South Lebanon Army had been four years in the making

    Many SLA veterans say they feel Israeli authorities have abandoned them in their adopted home, often working in low-paying jobs and unable to return to Lebanon

  • AU urges probe into deaths of Africans at Spain-Morocco border

    The African Union Commission chief has voiced his shock at the "violent and degrading" treatment of African migrants trying to...

    At least 23 migrants died and 140 police officers were wounded in the ensuing violence

    It was the heaviest toll in years of such attempts to cross the frontier at Melilla

  • UN meet aims to restore faltering health of global oceans

    A long-delayed UN conference on how to restore the faltering health of global oceans kicks off in Lisbon Monday, with...

    The conference will see a push for a moratorium on deep-sea mining of rare metals needed for a boom electric vehicle battery construction

    Microplastics found inside Arctic ice and fish in the ocean's deepest trenches are estimated to kill more than a million seabirds

  • Jordan king to Abbas: Nothing more important than Palestinian cause

    King Abdullah said the only way to end the Palestinian-Israeli conflict is through the two-state solution, which guarantees the establishment...

    King Abdullah said the only way to end the Palestinian-Israeli conflict is through the two-state solution, which guarantees the establishment of an independent Palestinian state

    He revealed Jordan is in constant touch with the US, and is working to have the Palestinian cause at the top of President Biden’s agenda during his upcoming visit to the region

  • Iraq PM visits Saudi Arabia and Iran to broker peace

    Iraq's prime minister met with leaders in rivals Saudi Arabia and Iran on Sunday, discussing regional stability as part of...

    Mustafa al-Kadhemi visited Iranian President Ebrahim Raisi in Tehran, after earlier meeting with Saudi Arabia's Crown Prince Mohammed bin Salman in the Saudi city of Jeddah

    Iran and Saudi Arabia support rival sides in several conflict zones around the region

  • Iran carries out second test launch of satellite carrier

    Iran's defense ministry said Sunday it has carried out a second test launch of a satellite carrier, ahead of the...

    The Zoljanah can put satellites in a "500-kilometre (310-mile) altitude orbit and carry a 220-kilogramme (1,100-pound)" payload

    Iran insists its space program is for civilian and defense purposes only, and does not breach the 2015 nuclear deal between Iran and world powers

  • Ukraine war could boost illegal drug production: UN

    The war in Ukraine could allow illegal drug production to flourish, while the opium market's future hinges on the fate...

    The UNODC said the number of dismantled amphetamine laboratories in Ukraine rose from 17 in 2019 to 79 in 2020

    An estimated 284 million people used a drug in 2021, or one in every 18 people worldwide aged between 15 and 64, the report found

  • Bennett at final cabinet meet: Israel will head toward polls

    Once parliament dissolves, Israel's caretaker government will be headed by Foreign Minister Yair Lapid, in accordance with a power-sharing deal...

    Naftali Bennett, the current Israeli PM took charge of an ideologically-divided eight-party alliance in June 2021.

    Israel will hold its fifth general elections in less than four years after Bennett had called off the coalition last week.

  • Sharjah a vital tourist destination, says business body

    The Sharjah Chamber of Commerce & Industry organized a business meeting with the Embassy of the Republic of North Macedonia...

    Sharjah Chamber of Commerce & Industry organizes a meeting with North Macedonia Embassy in the UAE

    In the meeting with a North Macedonia delegation, SCCI promotes the emirate’s tourism potential

  • Climate change fight a priority for COP 28 host

    From making solar energy available at 1.35 cents per kilowatt hour to building three of the world's largest solar parks,...

    Abu Dhabi has committed more than $20 billion to renewable energy programs through Masdar, which has expanded the UAE’s renewable energy portfolio 400 percent in the last 10 years.

    The UAE has three of the world’s largest solar plants and is rapidly building more.