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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.
  • GCC slams Islamophobic remarks by top officials of India’s ruling party

    Gulf countries, including Saudi Arabia, on Sunday condemned remarks about the Prophet Mohammed made by top officials in India's ruling...

    Saudi Arabia becomes the latest Gulf country to condemn the controversial remarks made by BJP spokesperson Nupur Sharma

    Kuwait, like Qatar, also summons India's ambassador amid widespread calls for a boycott of Indian goods in the Gulf

  • Huge Europe-Morocco migration begins after Covid hiatus

    Morocco on Sunday begins welcoming an influx of its citizens living in Europe after the pandemic led to a halt...

    The last such effort in the summer of 2019 saw 3.3 million people and more than three quarters of a million vehicles cross the Gibraltar Strait.

    More than 1,000 people including doctors, social workers and volunteers have signed up to help people arriving at ports and airports.

  • Saudi Arabia aims to triple foreign tourism in 2022: Minister

    Saudi Arabia aims to triple foreign tourism this year as pandemic restrictions ease, hajj pilgrims return and the first elements...

    The kingdom inaugurated tourist visas in September 2019, just months before the coronavirus pandemic decimated the industry globally.

    An uptick in domestic travel in 2020 and 2021 –- authorities tallied a record 64 million "domestic visits" last year –- helped save the nascent Saudi tourism sector from collapse.

  • What Gulf netizens searched for in 2021?

    Google's yearly report of top trending searches reveals the most popular keywords and topics across different categories, such as 'How...

    In 2021, the three top 'How to' searches were "How to help Afghan refugees", "How to help Texas" and "How to help India COVID".

    “TikTok pasta”, “Bacon jam” and “Birria tacos” were the three most searched recipes in 2021. 

  • Bosphorus sea trade remains undaunted by Ukraine war

    At the gates of the Black Sea, trade is in full swing as freighters and oil tankers sail from the...

    After an embargo on Russian imports, tankers with Greek or Maltese flags sail through Bosphorus up to the Black Sea to the Russian ports

    Russian Foreign Minister will visit Turkey to discuss establishment of "sea corridors"

  • US President delays trip to Saudi Arabia, Israel

    US President Joe Biden has pushed back a possible trip to Israel and Saudi Arabia, US media reported Saturday. The...

    Biden reportedly planned to go ahead with the long-rumored Saudi stop during an upcoming overseas tour at the end of June

    He is also widely expected to travel to Israel where, as in Saudi Arabia, he is sure to face pointed questions about slow-moving US diplomacy with the two countries' rival, Iran

  • Iran seized Greek oil tankers in retaliation: Supreme leader

    Iran's supreme leader on Saturday said that the country's seizure of two Greek oil tankers late last month was in...

    The Revolutionary Guards of Iran boarded and took control of the two vessels in the Gulf on May 27

    The oil seizure came two days after Greece confirmed it would send 115,000 tons of Iranian oil to US

  • Kuwait wants Schengen visa exemption for its citizens

    Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted.

    Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted

    Al-Ghanim said the Kuwaiti delegation responded to many questions on issues like human rights and women empowerment

  • US president confirms ‘possibility’ of Saudi Arabia trip

    US President Joe Biden confirmed Friday he was considering a trip to Saudi Arabia. The New York Times and other...

    The reported decision came shortly after Saudi Arabia addressed two of Biden's priorities by agreeing to a production hike in oil

    The trip would reportedly happen around the time Biden travels to a NATO summit in Spain and Group of Seven summit in Germany later this month

  • Fed up with war, Afghan men turn to virtual violence

    The crackle of gunfire. A gasp of a stranger. Explosions rumbling in the distance. In the Afghan capital of Kabul, such...

    Afghanistan has been wracked by four decades of very real conflict, now largely subsided since the withdrawal of US-led troops and the return of the Taliban last year

    In the capital, a few arcades and bowling alleys remain open and some sports are still being played

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