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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 pushed Yemen’s president to step down: report

    Saudi Arabia pushed Yemen's president to step down earlier this month, and officials have confined him to his home and...

    Journal said that Riyadh's Crown Prince Mohammed bin Salman gave Hadi a written decree delegating his powers to the council

    Some Saudi officials had threatened to publicize what they said was evidence of Hadi's corruption in their efforts to convince him to step down

  • Egypt bristles at Israel-run dance festivals in Sinai

    Israeli-organized twin dance festivals in the Sinai have sparked outrage in Egypt as they come just days before the anniversary...

    The Nabia and Grounded festivals coincides with the Jewish Passover holiday, and also come as Muslims observe fasting in Ramadan

    The festivals follow events in which more than 150 Palestinian worshippers were injured on Friday in clashes with Israeli security forces

  • Yemen’s new leaders want years-long conflict to end

    Yemen's new leaders are "ready for war" should the latest push for peace with Houthi rebels fail, but a senior...

    "Our first option is peace, but we are ready for war," Abdullah al-Alimi said late Saturday in his first interview since being named to an eight-member leadership council

    The war has killed hundreds of thousands directly or indirectly, and triggered what the United Nations calls the world's worst humanitarian crisis

  • Dubai Logistics City Customs Centre clears goods worth $435m in Q1

    Dubai Logistics City Customs Centre completed 48,000 transactions and cleared goods valued at AED 1.6 billion in the first quarter...

    The Centre facilitates processes and operations of companies and traders.

    In particular, the Centre handles the shipments of the International Humanitarian City, the largest humanitarian logistics centre in the world.

  • Direct flights start between Tel Aviv and Egyptian resort Sharm el-Sheikh

    The first direct flight between the Israeli coastal city of Tel Aviv and Egypt's Red Sea resort of Sharm el-Sheikh...

    Flight 5193, operated by El-Al subsidiary Sun d'Or, departed Ben Gurion International Airport at 0715 GMT, the carrier said in a statement.

    Direct flights have long been in operation between Tel Aviv and Cairo, since Egypt in 1979 became the first Arab country to sign a peace accord with Israel.

  • 10 Palestinians injured in Al-Aqsa mosque clashes

    Clashes between Palestinian demonstrators and Israeli police wounded ten protesters on Sunday morning in and around Jerusalem's flashpoint Al-Aqsa Mosque...

    Early on Sunday morning, "hundreds" of Palestinian demonstrators started gathering piles of stones, shortly before the arrival of Jewish visitors to the site, the police said

    Jews are allowed at certain times to visit -- but not to pray -- at the site, also known as Temple Mount, the holiest place in Judaism and third-holiest in Islam

  • Russians flee Putin regime to join Ukraine refugees in Israel

    The wave of immigration from Ukraine and Russia over the past seven weeks is the largest Israel has seen since...

    Around 24,000 Ukrainians have taken refuge in Israel since Russian President Vladimir Putin invaded Ukraine on February 24

    Israel's Law of Return grants citizenship to anyone with at least one Jewish grandparent; thousands in Russia and Ukraine meet this criterion

  • Saudi Arabia wants political solution to Russia-Ukraine conflict

    Russian President Vladimir Putin on Saturday, April 16, called Saudi Crown Prince Mohammed bin Salman bin Abdulaziz.

    Russian troops entered Ukraine on February 24 to conduct what President Vladimir Putin said was a ‘special operation’

    Since then, Russia has pummeled targets across Ukraine, while suffering losses of its own, like the sinking of its flagship Moskva

  • Tunisia works to contain diesel spill after cargo ship sinks

    The tanker XELO, carrying 750 tons of diesel from Egypt to Malta, sank in the Gulf of Gabes off Tunisia’s...

    Tunisia’s Environment Ministry has said barriers will be put up and a perimeter set to contain the diesel spill from the vessel

    Divers are also expected to be mobilized to examine the extent of the spill and the infiltrated fuel will be pumped out

  • Russia hits Kyiv missile factory after flagship sunk

    Russia pounded a Ukrainian rocket factory following the sinking of its Black Sea flagship, as President Volodymyr Zelensky said his...

    Russia said it had used sea-based long-range missiles to hit the plant, which Ukraine's state weapons manufacturer says produced Neptune cruise missiles

    The Moskva had been leading Russia's naval effort in the seven-week conflict, and the fate of its crew of more than 500 was uncertain

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