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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.
  • Qatar FM leaves for Moscow to talk Iran nuclear deal, Ukraine

    Qatar's foreign minister headed for Moscow on Sunday for talks on Russia's obstruction of a new Iran nuclear deal and...

    Sheikh Mohammed bin Abdulrahman Al-Thani was to meet Russia's Foreign Minister Sergei Lavrov and other top officials on Monday

    Qatar, a neighbor of Iran with close ties to Washington, has been stepping up efforts to encourage the United States and Iran to move towards a new deal

  • Inside Germany’s secret Cold War cash bunker

    During the Cold War, the German central bank stashed away almost 15 bn marks' worth of an emergency currency in...

    A closely guarded state secret, the currency was codenamed "BBK II" and intended for use if Germany was the target of an attack on its monetary system.

    After the Cold War, the bunker passed into the hands of a regional cooperative bank and then a real estate fund. In 2016, it was bought by German couple.

  • Iran hits Israeli ‘strategic center’ in Iraq’s Arbil with missiles

    Iran claimed responsibility for a missile strike Sunday on the northern Iraqi city of Arbil, saying it targeted an Israeli...

    There was no immediate reaction from Israel to Sunday's missile attack and Kurdish authorities insisted that the Jewish state has no sites in or anywhere near Arbil

    Kurdish authorities said the target of the attack was the Arbil consulate of the United States

  • Palestinian National Authority urges EU to resume financial support

    Palestinian National Authority has urged the European Union to overcome technical and other obstacles and resume financial support for the...

    Minister of Foreign Affairs and Expatriates Riyad Malki stressed the importance of financial aid in providing basic necessities to Palestinian people.

    European Union affirmed the importance of continuing joint cooperation between the European Union and Palestine.

  • Jordan to receive $1.65bn in US aid in 2022

    Jordan has seen several factors affect its economy, such as the conditions brought on by the Covid-19 and the Syrian...

    The US Congress has approved a new aid package for Jordan for 2022, estimated at $1.65 billion

    The aid is expected to support Jordan’s development and reform programs during 2022

  • Ballistic missiles from outside target Arbil in Iraq

    US interests and coalition troops in Iraq have regularly been targeted in rocket and armed drone attacks. They have never...

    Kurdistan Prime Minister and US state department have condemned the attack, which did not lead to any casualty

    A news channel channel has posted photos on social media showing its damaged offices, with a collapsed false ceiling and broken glass

  • Rising food prices shake North Africa as Ukraine war rages

    Tunisia, Morocco, and Libya, along with several other Arab countries, import much of their wheat from Ukraine and Russia.

    Tunisia imports almost half of the wheat used to make bread from Ukraine, and authorities say it has enough supplies to last three months

    Oil-rich Libya gets about 75 percent of its wheat from Russia and Ukraine, and Morocco too relies heavily on the same source for supplies

  • Russia bears down on Ukraine as talks signal progress

    As Russia continues to attack cities across Ukraine in general and Kyiv in particular, talks between the two countries are...

    Mayor Vitali Klitschko said Kyiv, described by a senior Ukrainian official as a ‘city under siege’, was reinforcing defenses and stockpiling food and medicine

    Buses were continuing to bring refugees into the city from the hard-hit suburbs, Klitschko said in a video message, adding: ‘We will not give up’

  • Saudi Arabia executes 81 in a single day over terrorism

    Saudi Arabia said Saturday it executed 81 people in one day on a variety of terrorism-related offenses, exceeding the total...

    All had been "found guilty of committing multiple heinous crimes", the official Saudi Press Agency (SPA) reported

    SPA said all those executed were tried in Saudi courts, with trials overseen by 13 judges over three separate stages for each individual

  • Iran mocks US failure to stop exports of oil cargo

    Iran said that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject...

    The comments by Iran's oil minister, Jawad Owji, came after US court documents showed the United States had seized the cargo of two tankers accused of carrying Iranian crude

    The United States had previously issued a number of warrants to seize the cargo of tankers carrying Iranian oil to different countries

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