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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.
  • Tunisia proposes national dialogue, excluding opposition

    Tunisian President Kais Saied has announced the launch of "national dialogue" to help resolve a political crisis following his controversial...

    Saied, a former law professor elected in 2019 amid public anger against the political class in the North African nation, sacked the government on July 25 last year

    In a speech late Sunday, Saied said a commission would manage "the national dialogue", a measure demanded repeatedly by the G7 nations and European Union

  • Iran summons Sweden’s envoy over trial of former official

    Iran said it had summoned Sweden's ambassador following a request by prosecutors in the Nordic country for life imprisonment for...

    The foreign ministry in Tehran late Sunday "strongly condemned" the arrest and trial of Hamid Noury, 61, as "illegal"

    Noury, who has been on trial in Stockholm since last August, faces charges including crimes against humanity

  • May Day holiday marred by clashes in Turkey, France

    Police and protesters clashed in Turkey and France during May Day rallies on Sunday, as tens of thousands marched across...

    European rallies sparked the most controversy with Turkish protesters gathering at Istanbul's Taksim Square, an area synonymous with anti-government protests

    City officials said the group refused to disperse and 164 were detained, with government-approved rallies elsewhere in Turkey passing off peacefully

  • Qatar calls on Chad to delay national peace dialogue

    Qatar, which has been leading tense mediation between Chad’s military government and opposition rebels for six weeks, on Sunday called...

    More than 40 opposition groups and the military government have had delegations in Doha since March 13 when the preliminary talks officially opened

    Opposition groups are demanding that Deby rule himself out of the elections that the military leader has said will be held this year

  • Morocco FM, Kosovo counterpart discuss ties, regional developments

    The two top diplomats stressed their keenness to continue joint action that brings together Amman and Pristina.

    The two top diplomats stressed their keenness to continue joint action that brings together Amman and Pristina

    “Respecting the historical and legal status quo is the only way to restore calm in the holy city”, Safadi said

  • Palestinians warn against plans to weaken their UN agency

    A proposal by the UN agency for Palestinian refugees to delegate some services to other United Nations agencies has sparked...

    The agency has long been a target of Israeli criticism, with accusations it has fuelled the conflict in part by teaching anti-Zionist messages at its schools

    The agency tasked with assisting Palestinians who were forced from their homes during the war surrounding Israel's creation has faced a funding crunch for years

  • Pakistan and Saudi Arabia to discuss extending term of $3 bn loan

    The latest sign of support follows a visit to Saudi Arabia by new Prime Minister Shahbaz Sharif, who has inherited...

    In recent years, Saudi has provided Pakistan with $4.2 bn of support in the form of the $3 bn loan deposited with the central bank as well as $1.2 bn in deferred oil payments.

    Saudi Arabia also pledged "to further enhance the financing of petroleum products" at a time when the South Asian country is suffering from frequent power cuts.

  • Afghan supreme leader makes rare appearance at Eid prayers

    Afghanistan's supreme leader appeared publicly for only the second time in six years on Sunday, telling worshipers celebrating Eid al-Fitr...

    Speaking just two days after a bomb ripped through a mosque in Kabul, an atmosphere of heightened security surrounded the man introduced as Hibatullah Akhundzada

    Dozens of civilians have been killed in the primarily sectarian attacks -- some claimed by the Islamic State group -- targeting members of the Shiite and Sufi Muslim communities

  • OFID to finance $14.3 million for Nigeria-Morocco Gas Pipeline’s study

    Morocco and the OPEC Fund for International Development (OFID) have signed the pact on the partial funding of the second...

    Co-funded by the Islamic Development Bank (IDB), the study consists in preparing the documentation for the implementation of the NMGP project.

    The project is intended to be a catalyst for the economic development of the North-West African region.

  • Iraq seizes more than 6 million captagon pills in drug bust

    Iraqi security forces said Saturday they had broken up a drug trafficking ring and seized more than six million pills...

    Iraq's northwestern neighbor Syria is the Middle East's main captagon producer, and its southern neighbor Saudi Arabia the main consumer.

    Trade in captagon in the Middle East grew exponentially in 2021 to top $5 billion, posing an increasing health and security risk to the region, a report said earlier this month.

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