Search Site

Trends banner

‘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.
  • UAE makes $5m donation to UN’s Humanitarian Plan for Ukraine

    The United Arab Emirates has offered $5 million in assistance to Ukraine to tide over problems suffered by civilians in...

    The contribution is made to the United Nations’ Humanitarian Flash Appeal and the Regional Refugee Response Plan for Ukraine

    The UAE has underscored the importance of focusing on the deteriorating humanitarian situation for civilians

  • Lebanese long for IS-linked relatives stuck in Syria camps

    Lebanese families are lobbying authorities to return their relatives held in Syria.

    Hundreds of Lebanese joined IS since the war began in 2011 for 'financial motives'

    UN has warned of deteriorating security conditions in Al-Hol shelters in Syria which shelters around 56,000 displaced people

  • World Bank preparing $3 bn emergency aid package for Ukraine

    The IMF and the World Bank have promised to provide financial support to Ukraine, saying that they are saddened by...

    The World Bank will provide $350 million immediately to alleviate Ukraine's humanitarian crisis

    The IMF has said it will consider Ukraine's latest request for emergency financing 'as early as next week'

  • Israelis, Arabs, Iranians in harrowing exodus from Ukraine

    More than 10,000 Arab students have also attended university in Ukraine, drawn to the former Soviet republic by its low...

    The evacuees had been forced to make harrowing escapes through the war zone to board flights in neighboring countries

    They had to do this after Ukraine closed its airspace to civilian traffic at the start of the invasion by Russia last week

  • World Bank announces more than $1bn in aid for Afghanistan

    The objective of the new aid provided by World Bank is to "protect vulnerable Afghans and help preserve human capital...

    The World Bank has redirected the funds to UN and UNICEF in response to the humanitarian crisis in Afghanistan

    Multi-donor fund ARTF has coordinated international aid to improve the lives of millions of Afghans until the Taliban took over

  • Biden slams ‘dictator’ Putin and his war in Ukraine

    US President Joe Biden on Tuesday branded his Russian counterpart Vladimir Putin a "dictator" facing withering economic and diplomatic isolation...

    Biden made clear there would be no US boots on the ground in the week-old war on Europe's doorstep

    "A Russian dictator, invading a foreign country, has costs around the world," Biden said

  • Egypt’s Suez Canal Authority announces hike in passage tolls

    Egypt's Suez Canal Authority announced Tuesday additional tolls for transiting vessels including fuel tankers, as oil prices soar in the...

    Petroleum gas tankers will see a 10 percent hike on passage fees while liquefied natural gas carriers and general cargo ships will incur a seven percent increase.

    Ships carrying petroleum products will be hit with a five percent rise under the new tolls, which are effective immediately.

  • Arabs decry ‘racist’ double standard in Ukraine media commentary

    Arabs noted that while the toll of war may be similar in the respective conflicts, the media treatment is not....

    The Arab and Middle Eastern Journalists' Association condemned "examples of racist news coverage that ascribes more importance to some victims of war than others".

    For Syrians, the disparity in media treatment is particularly striking as Russia launched a bloody intervention to prop up Bashar al-Assad's regime more than six years ago.

  • Cyprus president arrives in Riyadh to discuss bilateral cooperation

    Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region.

    Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region

    The two countries will discuss bilateral cooperation and the regional situation

  • Italy looks to Algeria to cover possible gas shortage

    Italy imports around 95 percent of the gas it uses, and around 45 percent of that comes from Russia.

    Russia last week invaded Ukraine, causing the United States and its allies to impose sanctions on Moscow

    The conflict also sparked alarm among countries like Italy, which depend on Russia for their energy needs

In Brief

Most Read