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‘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.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.
  • Saudi Arabia, Azerbaijan sign MoU to boost accounting services

    The MoU aims to enhance cooperation between the two countries in the areas of financial auditing and performance control.

    For Saudi Arabia, the MoU was signed by Saudi General Bureau for Auditing president Hossam bin Abdul Mohsen Al-Angari

    The other signatory was Vugar Gulmammadov, chairman of the Chamber of Accounts of Azerbaijan

  • Saudi-US cooperation to spur growth of digital content market in KSA

    Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the...

    Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the US met the president and COO of Omnicom Media Group Daryl Simm

    The meeting also included several specialized technological companies in the fields of FinTech, software, and administrating alternative investments

  • UN attempts rescue as Russia pummels Mariupol

    The Russian military had announced a three-day ceasefire at the site starting on Thursday, but a Ukrainian commander said there...

    Since failing to take Kyiv early on in its invasion, which began February 24, Russia has focused its efforts on Ukraine's east and south

    Seizing Mariupol would allow it to link the pro-Russian regions in eastern Ukraine to Crimea, which it annexed in 2014

  • Yemen’s war-weary Taez choked by siege despite truce

    Overloaded trucks and cars packed with families ply narrow, bumpy mountain roads surrounding this Yemeni city long-besieged by Huthi rebels...

    In normal times, one such road, known as "Al-Aqroudh", should allow drivers to reach the village of Al-Hawban east of Taez in just 15 minutes

    Yemen's war pits the Iran-aligned Huthis against the Saudi-led military coalition backing the country's internationally recognised government

  • Israel launches manhunt after attack kills three

    Israeli forces launched a manhunt Friday for attackers who killed three people in the central city of Elad as the...

    No details on the alleged assailants had emerged, but Defence Minister Benny Gantz announced measures to stop the attackers from escaping

    Israel's Foreign Minister Yair Lapid said "the joy of independence day had been interrupted in an instant"

  • 1,000 Palestinians face eviction after Israeli court ruling on Hebron land

    Israeli civil rights groups denounced a High Court decision that approved the eviction of roughly 1,000 Palestinian villagers to make...

    In the early 1980s the army declared the 3,000-hectare (30 square kilometer) territory a restricted military area and claimed it was uninhabited.

    The roughly 1,000 Palestinians living there said it was their people's home long before Israeli soldiers set foot in the West Bank, which the Jewish state has occupied since 1967.

  • Financial institutions exposed to high risk by global water crisis: Report

    Financial institutions are exposed to significant risks posed by depleted and contaminated water supplies, a report released by non-profit Carbon...

    A first-of-its-kind report by CDP and Planet Tracker shows how global companies in key industries are already losing billions as a result of the global water crisis.

    By focusing on oil & gas, electric utilities, coal and metals & mining sectors, the report found that $13.5 bn in assets are already stranded and $2 bn at risk due to water issues.

  • EU eyes Russian oil import ban amid new bid to evacuate Mariupol

    State Department spokesman voiced skepticism about the ceasefire, saying that Moscow has repeatedly resumed shelling after announcing pauses.

    European Union vowed to "significantly increase" its support for Moldova which has been targeted by a Moscow-backed separatist region

    Ukrainian Foreign Minister said that EU countries would be "complicit" in Russia's crimes in Ukraine if they block an oil embargo against Moscow

  • Drone swarms can now fly autonomously through thick forest

    It's only a matter of a few years before we see such drones deployed in real-life work, said a roboticist...

    Swarms could be used during natural disasters as they do not rely on any outside infrastructure, such as GPS

    Pentagon expressed interest in carrying out its own tests on swarms that shows, it could be weaponized by militaries

  • Russia practises nuclear-capable missile strikes: ministry

    The announcement came on the 70th day of Moscow's military action in the pro-Western country.

    The announcement came on the 70th day of Moscow's military action in the pro-Western country

    Russian President Vladimir Putin has made thinly veiled threats hinting at a willingness to deploy Russia's tactical nuclear weapons

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