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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.
  • Sanctions on Iran’s revolutionary guards to stay despite nuke deal: US

    Iran has been engaged in negotiations to revive the accord with Britain, China, France, Germany and Russia directly and the...

    The Guards are on the list because of Iran's action supporting the Syrian government and Yemen's Houthi rebels.

    The United States designated the Guards as a "foreign terrorist organization" under then-president Donald Trump in April 2019.

  • Qatar signs Global Methane Pledge, to lower emissions by 30 percent

    Rapidly reducing methane emissions is the most effective strategy to limit global warming in the near term and keep 1.5...

    A total of 111 country endorsements have now signed the Global Methane Pledge.

    The signatories represent 70 percent of the global economy and nearly half of global anthropogenic methane emissions.

  • Iran hits back at US criticism over arms display at Qatar show

    Iran on Sunday said it has the "right" to showcase its military equipment, after it was criticized by the US...

    Iran had a large display of models of its aircraft, missiles and other military equipment at the show, which also featured a visit by naval vessels of different countries.

    Qatar is a close US ally, hosting the regional headquarters of the Pentagon's Central Command at the Al-Udeid Air Base.

  • EU envoy holds talks in Iran to bridge nuclear deal gaps

    The EU's coordinator for talks to restore the 2015 nuclear deal met Iran's chief negotiator Sunday in Tehran, state media...

    European Union diplomat Enrique Mora, who coordinates talks between Iran and the US, arrived in Tehran late Saturday and on Sunday met Iran's chief negotiator Ali Bagheri

    His visit comes as EU foreign policy chief Josep Borrell on Sunday saw a renewed accord within "days"

  • Dubai saves 329MW of electricity during Earth Hour 2022

    Dubai Electricity and Water Authority (DEWA) said about 329 megawatts (MW) of electricity were saved in the emirate during Earth...

    The power saved is equal to a reduction of 132 tons of carbon emissions.

    These savings are 13 percent higher than the 291 mw savings recorded during Earth Hour 2021.

  • US top diplomat in Israel for landmark Arab talks

    According to US officials, discussion over the nuclear deal with Iran and global wheat shortage caused by the Ukraine war...

    Antony Blinken will visit Algeria and Morocco to hold talks with Abu Dhabi Crown Prince Mohammed bin Zayed to support Ukraine

    Blinken is also expected to meet the Palestinian president in West Bank, where the US consulate issue 'will certainly be a topic of discussion'

  • New world order? Pandemic and war rattle globalization

    According to a professor at Ghent Institute, the pandemic did not bring radical changes in terms of reshoring but the...

    The Ukraine crisis has highlighted Europe's and especially Germany's heavy dependence on gas supplies from Russia

    The US warned China that if it provided material support to Russia against Ukraine, it would would face 'consequences'

  • Russians can do business in Turkey, says minister

    Turkey’s Foreign Minister Mevlut Cavusoglu has said Russia's oligarchs can continue to do business in his country so long as...

    The measures targeting the possessions of Russia's oligarchs were not approved by the UN but by western countries

    They have imposed measures against Russia like placing oligarchs and other individuals close to Putin on sanctions lists

  • Qatar, Saudi Arabia decry lack of attention to Middle East conflicts

    As the world talks about the Ukraine crisis, Qatar and Saudi Arabia have called out the world about its reaction...

    Qatar hopes that Ukraine conflict would be 'a wake-up call for international community to respond Middle East's issues same as the world respond to Ukraine issues'

    Ukraine President Volodymyr Zelensky has meanwhile urged Qatar through video message in Doha Forum to increase natural gas production

  • US steps up pressure as Russia continues Ukraine attack

    In an impassioned speech from the Royal Castle in Warsaw, delivered after meeting top Ukrainian ministers in Poland and earlier...

    Russian President Vladimir Putin sent troops into Ukraine on February 24 in what he called was a ‘special military operation’

    But his army has made little progress on capturing key cities, and it has hit hospitals, residential buildings, and schools

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