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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.
  • In Bahrain, Russia’s Lavrov wants Ukraine, West to resolve food crisis

    Russian Foreign Minister Sergei Lavrov said Tuesday it was up to the West and Kyiv to resolve a growing global...

    Western countries "created a lot of artificial problems by closing their ports to Russian ships, disrupting logistics and financial chains," Lavrov told reporters

    Lavrov also called on Ukraine to de-mine its territorial waters to allow the safe passage of ships through the Black and Azov seas

  • US warns Yemen truce talks in ‘trouble’ as it pushes for extension

    The United States warned Tuesday that talks on Yemen's two-month truce were in "trouble" as it pushed for an extension...

    Yemen's Saudi-backed government and Iran-aligned Houthi rebels on April 2 entered a UN-brokered truce, the first since the brutal war broke out in 2016

    Secretary of State Antony Blinken also raised "efforts to strengthen and extend the truce in Yemen" during talks Monday with his Saudi counterpart

  • Nabih Berri elected Lebanon parliament speaker for seventh term

    Berri's candidacy went largely unchallenged but the 84-year-old clinched only the bare minimum number of votes needed for a win...

    An ally of Hezbollah, Berri has weathered decades of turbulence and shifting political tides, including the current economic crisis and a 2019 protest movement.

    Even after parliamentary elections in May yielded modest but unprecedented gains for independent candidates, Berri's position remained largely unchallenged.

  • Jordan, UAE review cooperation in improving quality higher education

    Jordan and the United Arab Emirates (UAE) have discussed exchanging expertise between them, especially in the field of accreditation and...

    A meeting was held between the education ministers of both the countries for exchanging expertise in higher education.

    The mechanism of quality assurance procedures at the institution and program level was also discussed in the meeting.

  • 700-year-old samurai sword smuggled into Switzerland

    Valued at $700,000, the Katana sword was discovered in a car with Swiss plates during a routine search near Zurich.

    Several other objects were also found in the car, including an antique book, a contract and the sales invoice.

    Customs experts consulted found the import of the antique sword should be considered a violation of Switzerland's Cultural Asset Transfer Act (KGTG).

  • Iran says IAEA report on undeclared nuclear sites ‘not fair’

    Iran said Tuesday a report by the UN nuclear watchdog on undeclared nuclear material found at three sites was "not...

    The latest report came as talks to revive a landmark 2015 nuclear deal between Iran and major powers remain deadlocked after stalling in March

    the IAEA said it still had questions which were "not clarified" regarding undeclared nuclear material previously found at three sites - Marivan, Varamin and Turquzabad

  • Iraq seeks to enhance global trade relations: official

    Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the...

    Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the Council of Ministers

    Spanish ambassador Pedro Martinez said his government will support Iraq in all fields, especially in climate change

  • Israel signs free trade deal with UAE; its first in GCC, third in Middle East

    The UAE has signed a Comprehensive Economic Partnership Agreement (CEPA) with Israel. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister...

    The agreement builds on the strong foundations laid by the Abraham Accords, says UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi

    Talks for a free trade agreement began in November and concluded after four rounds of negotiations

  • GCC, Pakistan launch 3rd round of free trade negotiations

    The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan.

    The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan

    Free trade negotiations with Pakistan are part of GCC countries' effort to strengthen cooperation with their international partners

  • Iran’s uranium pool exceeds nuclear deal limit: UN nuclear watchdog

    The International Atomic Energy Agency said in its latest report on Iran's nuclear program that it "estimated that, as of...

    The report also says that Iran is continuing its enrichment of uranium to levels higher than the 3.67 percent limit in the deal.

    Enrichment levels of around 90 percent are required for use in a nuclear weapon. Iran has always insisted its nuclear program is peaceful.

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