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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.
  • Saudi crown prince kicks off regional tour in Egypt

    Saudi Crown Prince Mohammed bin Salman began a two-day visit to Egypt on Monday evening, the presidency in Cairo said,...

    Several agreements will be penned during the Saudi crown prince's regional tour, says an official

    The crown prince's regional tour comes weeks ahead of a visit to Saudi Arabia by US President Joe Biden

  • Another UN led deal to resolve Libya’s elections dispute fails

    Representatives of the Tripoli-based High Council of State and of the parliament, based in eastern Libya, began meetings in Cairo...

    The presidential and parliamentary elections, originally set for December 2021, were meant to cap a UN-led peace process.

    The voting never took place due to the presence of contentious candidates and deep disagreements over the polls' legal basis.

  • Saudi Arabia Leader

    Saudi Arabia lets citizens visit Turkey as bilateral relations improve

    At the beginning of the pandemic, Saudi Arabia imposed a rule against all foreign travel, and as of last month...

    The move comes two days before Crown Prince Mohammed bin Salman is expected to visit Turkey.

    In May, national flag carrier Saudia resumed flights to Turkey, but citizens were unable to travel there.

  • ‘Autonomous universities offer advantages for Saudi Arabia’

    A publication aims to explore trends and critical factors for future success in an autonomous higher education system in Saudi...

    University leaders in Saudi Arabia will be held accountable for adopting new policies and regulations

    A publication illustrates the issues from supply to demand-led, digital ways of working, age of the learner as a customer.

  • China’s zero-Covid policy leaves a long trail of medical waste

    Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that...

    From Beijing to Shanghai, Shenzhen to Tianjin, cities are now home to an archipelago of temporary testing kiosks

    Mass testing appears set to stay as Chinese authorities insist zero-Covid has allowed the world's most populous nation to avoid Covid spread

  • EU terms blockade of Ukraine grain by Russia ‘real war crime’

    EU foreign policy chief Josep Borrell said Monday that Russia should be held "accountable" if it keeps blocking the export...

    Western countries have demanded Moscow to stop blockading Ukraine's Black Sea ports to allow grain export

    French Foreign Minister insisted that "Russia must stop playing with global hunger" as it seeks leverage on the West

  • UAE-India trade to rise 120% to US$100bn in 5 years

    The agreement is the first of its kind that the UAE has signed with any country, and it is India's...

    The agreement is the first of its kind that the UAE has signed with any country, and it is India's first with any country in the Middle East and the Gulf region

    The UAE’s foreign trade in 2021 recorded nearly AED1.9 trillion, growing 27 percent compared to 2020, and 11 percent compared to 2019

  • Jordan King holds trilateral meeting with Egypt president, Bahrain monarch

    The leaders underscored the need to expand trilateral cooperation across all sectors and to enhance regional security and stability.

    The leaders underscored the need to expand trilateral cooperation across all sectors and to enhance regional security and stability

    They stressed the need to support the Palestinians as they seek their legitimate rights, leading to the establishment of an independent Palestinian state

  • Israel warns citizens to leave Turkey amid threat of Iran attacks

    Israeli Foreign Minister Yair Lapid will visit Turkey next week, his office said Sunday, days after he urged Israelis to...

    Lapid will visit Turkey on Thursday and meet his counterpart Mevlut Cavusoglu, an Israeli foreign ministry statement said

    The stark warning came amid the latest surge in tensions between bitter rivals Iran and Israel, with Tehran blaming the Jewish state for a series of attacks in Iran

  • Russia eyes improved ties with Saudi Arabia, UAE

    Putin and Arab leaders focus on boosting relations in various fields -- including technology, food security and energy -- during...

    Russia President Vladimir Putin and several Arab leaders stress on the importance of strengthening relations

    Relations in various fields -- including technology, food security and energy -- remain in focus during SPIEF 2022