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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.
  • Iran condemns IAEA censure vote in new blow to nuclear talks

    Iran already announced it had disconnected some International Atomic Energy Agency cameras monitoring its nuclear sites in anticipation of the...

    The motion -- approved by 30 members of the IAEA board of governors, with only Russia and China voting against -- was the first to criticise Iran since June 2020.

    The agency has said its questions about the three sites of Marivan, Varamin and Turquzabad were "not clarified" in its meetings with Iranian authorities.

  • European sanctions will wipe out Russia’s 15 years of economic gains

    Sanctions imposed on Moscow over the invasion of Ukraine are rolling back more than a decade of economic progress and...

    According to IIF report, Russian economy will contract by 15 percent in 2022 and another three percent in 2023

    The damage will make it more costly for Russian president Vladimir Putin to continue the war

  • Morocco ban passengers on Covid-hit liner

    Morocco has refused entry to passengers on a German cruise liner after some tested positive for Covid-19, Moroccan media reported...

    Morocco on Tuesday raised its alert level for Covid-19 from green to orange after recorded cases spiked in several major cities

    Last month, Morocco had scrapped Covid rules that ask incoming travelers to present a negative PCR test

  • Algeria breaks off treaty with Spain over W.Sahara dispute

    Algeria said Wednesday it was suspending a decades-old co-operation treaty with Spain, after Madrid backed the position of the North...

    Madrid and Algiers had signed the deal in 2002 to promote dialogue and cooperation on political, economic, financial, education and defense issues

    Algeria's move came in retaliation after Spain in March publicly recognized Morocco's autonomy plan for the disputed territory

  • Western powers call on Iran to cooperate with IAEA

    The US, Britain, France and Germany on Wednesday urged Iran "to fulfill its legal obligations, and cooperate with the IAEA",...

    The foreign ministries of the four Western nations issued a joint statement welcoming the IAEA's resolution "responding to Iran's insufficient cooperation with the IAEA

    The motion brought by the United States, Britain, France and Germany - but voted against by Russia and China -- is the first to criticize Iran since June 2020

  • Iran disconnects cameras at nuclear sites as IAEA set for censure vote

    IAEA head Rafael Grossi told reporters on Monday that it would be "a matter of just a few weeks" before...

    Iran said the disconnected cameras had been operating beyond the safeguard agreement between Tehran and the IAEA.

    European governments have expressed mounting concern over how far Iran has gone since the US reimposed sanctions.

  • One third of humanity is still totally offline: UN report

    The Global Connectivity Report 2022 argues that while easy, affordable access to fast broadband is near-ubiquitous in most rich-world nations,...

    The report advocates for putting 'universal and meaningful connectivity' at the center of global development.

    The cost of broadband subscriptions and digital devices remains a major barrier to connectivity, the report says.

  • 17 die, 37 injured in Iran’s train derailment: reports

    The disaster was one of Iran's deadliest in years and sparked a demonstrations across the country.

    The disaster was one of Iran's deadliest in years and sparked a demonstrations across the country

    Tabas is located in South Khorasan province roughly 900 kilometres by road from Tehran

  • Crown Princes of Kuwait and Jordan hold bilateral talks

    Jordanian Crown Prince Al Hussein bin Abdullah II discussed bilateral ties with Kuwaiti Crown Prince Sheikh Meshal Al Ahmad Al...

    Both sides discussed the importance of enhancing diplomatic relations to expand partnerships in all the fields between Jordan and Kuwait

    The two agreed to continue maintaining coordination and consultation between the two countries for issues of mutual interest and joint Arab action

  • US to follow facts on killing of Shireen Abu Akleh: Blinken

    US Secretary of State Antony Blinken promised Tuesday to pursue accountability over the killing of journalist Shireen Abu Akleh wherever...

    Blinken was confronted by a a question on why there have been "absolutely no repercussions" for Israel, a historic US ally

    A Palestinian probe said that an Israeli soldier shot her dead in what it described as a war crime

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