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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.
  • 18 African migrants die in mass attempt to enter Spain’s Melilla

    Around 2,000 migrants approached Melilla at dawn Friday and more than 500 managed to enter a border control area after...

    Around 2,000 migrants approached Melilla at dawn Friday and more than 500 managed to enter a border control area after cutting a fence with shears

    The Spanish Civil Guard, which monitors the other side of the fence, said it had no information on the tragedy and referred enquiries to Morocco

  • Chinese leader Xi Jinping to attend Hong Kong celebration: Xinhua

    Chinese President Xi Jinping will attend a ceremony in Hong Kong celebrating 25 years of the city's handover to China,...

    In 2017, Xi and first lady Peng Liyuan stayed in Hong Kong for three days to mark the 20th handover anniversary amid an unprecedented police presence

    Xi declared "a new chapter" for the city last month, after meeting with Lee in Beijing to receive the central government's blessing

  • EU top diplomat bids to ‘reverse tensions’ on surprise Iran visit

    European Union foreign policy chief Josep Borrell was headed to Tehran on Friday for a surprise visit that could breathe...

    "Diplomacy is the only way to go back to full implementation of the deal and to reverse current tensions," Borrell tweeted

    The administration of incumbent US President Joe Biden has sought to return to the agreement, saying it would be the best path with the Islamic republic

  • Abu Dhabi officials in Canada to discuss clean energy solutions

    A delegation from the Abu Dhabi Department of Energy (DoE) is visiting Canada to meet senior government officials and stakeholders...

    Department of Energy officials in Canada showcase Abu Dhabi’s experience in promoting energy efficiency and sustainability

    The officials discuss opportunities for collaboration in energy efficiency and advanced clean energy solutions

  • UN says Israeli fire killed journalist Shireen Abu Akleh

    "We find that the shots that killed Abu Akleh came from Israeli security forces," UN Human Rights Office spokeswoman Ravina...

    Several single bullets were fired as an unarmed man attempted to approach Akleh's body and another uninjured journalist sheltering behind a tree, said Shamdasani.

    Shots continued to be fired as this individual eventually managed to carry away Abu Akleh's body, she added.

  • Saudi Arabia, Djibouti sign agreement on maritime transport

    The Kingdom of Saudi Arabia has signed a joint cooperation agreement in maritime transport with the Republic of Djibouti which...

    The maritime transport pact between Saudi Arabia and Djibouti aim to strengthen relations at the strategic level

    The agreement aims to open new horizons for cooperation in various fields between the two countries

  • EU top diplomat bids to ‘reverse tensions’ on surprise Iran visit

    European Union foreign policy chief Josep Borrell is set to travel to Tehran on Friday for a surprise visit that...

    Josep Borrel is due to meet Foreign Minister Hossein Amir-Abdollahian and other officials.

    News of his previously unannounced visit comes after Amir-Abdollahian said last week that Iran still believed the negotiations could succeed.

  • Iran says ‘serious’ about reaching revived nuclear deal

    Iran said Thursday that it remains "serious" about reaching a revived nuclear deal with major powers that end economic sanctions...

    Foreign Minister Hossein Amir-Abdollahian said his country was serious about reaching a lasting agreement and called for similar realism from the US side

    Russia was a party to the original 2015 deal the Joint Comprehensive Plan of Action, or JCPOA that gave Iran relief from international sanctions in return for UN-monitored limits

  • UN to hold Libya talks over parliamentary elections

    The world body said it will broker new talks between rival institutions from war-torn Libya next week to try to break...

    The world body said it will broker new talks between rival institutions from war-torn Libya next week to try to break a deadlock on the rules for long-awaited elections

    Presidential and parliamentary elections, originally set for December last year, were meant to cap an UN-led peace process following the end of violence in 2020

  • Tunisia ex-PM Hamadi Jebali arrested: lawyer

    Tunisian police on Thursday arrested former prime minister Hamadi Jebali, an ex-senior figure in the Ennahdha party which is the...

    The arrest comes with Saied's opponents fearing a slide back to the authoritarianism seen under long-time dictator Zine El Abidine Ben Ali

    Jebali led the Tunisian government from December 2011, a year after the start of the country's revolution, until his resignation in early 2013