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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.
  • Money-laundering, terror financing penalties fetch UAE $1bn

    UAE authorities have collected AED3.848 billion ($1 billion) in penalties from anti-money laundering and terrorism financing offenders in 2021. The...

    UAE is currently amending the anti-money laundering law’s executive regulation.

    The Office for Anti-Money Laundering and Counter-Terrorist Financing was established in Feb 2021.

  • SFD postpones Pakistan debts for development projects

    The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33...

    The fund signed an agreement with Pakistan’s Undersecretary of the Ministry of Economic Affairs Mian Asad Hayauddin in this regard

    The signing took place in the presence of Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki and senior officials from both sides

  • 800 Iraqi refugees return home from Syria, more to follow

    Eight hundred Iraqi refugees returned home from northeast Syria on Thursday and hundreds more are to follow, a Syrian official...

    The Syrian Observatory for Human Rights said the first group left on buses via the Al-Yarubiyah border crossing.

    Relatives of IS militants, including children, are held in Kurdish-controlled camps in Syria's northeast, the largest of which is Al-Hol with around 56,000 displaced people.

  • Jordanian-German corporate partnership program launched

    Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany.

    Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany

    The program is an opportunity to exchange expertise to promote exports to German counterparts, she added

  • Saudi Crown Prince opens up on every little thing

    Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important...

    The crown prince said he was leaning towards taking Saudi Arabia towards the ‘real teachings’ of Islam

    He also said the country was working towards codifying Islamic law as had been handed down directly by the Prophet

  • UAE sends 46 tons of food supplies to Malawi

    Over the past 10 years, the UAE has reportedly sent relief supplies to Malawi amounting to AED85.3 million ($23.23 million).

    The aid is expected to support efforts to meet children's needs for food and nutritional supplements in several villages and regions

    The UAE has reiterated its commitment to a humanitarian approach that supports emergency relief for countries in need

  • US lawmakers seek to halt Russian oil imports

    US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil.

    US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil

    But the White House later warned that such a step could cause further jumps in oil prices

  • Saudi Arabia offers to mediate between Russia and Ukraine

    Prince Mohammed bin Salman called for a "political solution" after the Russian invasion and also reiterated his support for the...

    Arab countries in the Gulf, including Saudi Arabia, have mostly refrained from criticizing the invasion by Russia

    On Wednesday, however, they voted for a UN General Assembly resolution urging Russia to withdraw from Ukraine

  • US says Iran nuclear deal ‘close’ but not certain

    Negotiators meeting in Vienna to try and salvage the 2015 nuclear deal, which is meant to prevent Tehran from acquiring...

    The agreement was between Iran on one side and Germany, China, the United States, France, Britain, and Russia on the other

    It unraveled when former US president Donald Trump, with Israeli encouragement, unilaterally withdrew from it in 2018

  • Fire at Ukrainian nuclear plant after Russian forces attack

    Russian troops attacked Europe's largest nuclear plant on Friday, starting a fire at the Ukrainian facility, with the country's leader...

    President Volodymr Zelensky accused Moscow of trying to "repeat" the Chernobyl nuclear disaster

    Images on a live feed from the site earlier showed blasts lighting up the night sky and sending up plumes of smoke

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