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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.
  • GCC wants to expand strategic partnership with India

    The remarks were made during the GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi...

    The remarks were made during GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi Arabia Dr. Ausaf Sayeed

    Al-Hajraf praised the level of bilateral relations between the GCC and India in light of the framework agreement for economic cooperation signed between the two sides in 2004

  • Jordan king meets with US CENTCOM commander

    The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the...

    The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the United States

    Discussions also addressed regional and international efforts to fight terrorism, within a holistic approach

  • Must conclude Iran nuclear talks this week, says France

    The negotiations to revive the deal involve Iran as well as France, Germany, Britain, Russia and China directly, and the...

    All sides have signaled progress in the talks, but Iran has said that the West still needs to decide on some key issues

    Parties to the 2015 deal saw it as the best way to stop the Islamic republic from building a nuclear bomb

  • Ukraine: Trudeau announces Canada ban on Russian oil imports

    “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President...

    “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President Putin and his oligarchs greatly,” Trudeau told a news conference

    Canada, with the fourth largest reserve in the world, is a net oil exporter, but still imports significant amounts from countries including the United States and Saudi Arabia

  • Turkey blocks warships from Bosphorus, Dardanelles

    "We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister...

    "We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister Mevlut Cavusoglu said

    The 1936 Montreux Convention governs the free movement of commercial ships in peacetime through the Bosphorus and the Dardanelles straits

  • US expels 12 Russian UN staff for ‘espionage activities’

    The announcement of the expulsion came on the last day of Russia's presidency of the UN Security Council and it...

    The US deputy ambassador to the UN said the 12 members of Russia's UN mission had engaged in non-diplomatic activities

    A Russian diplomatic source later said the expulsion decision did not target either the ambassador or his two senior deputies

  • Bangladesh to partner with UAE to boost trade in Middle East

    The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to...

    Bangladesh’s Prime Minister Sheikh Hasina is likely to launch the business council

    The business council is expected to strengthening the trade relations with the UAE

  • Bahrain eyes cooperation with Germany in aviation, tourism

    Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...

    Bahrain's Minister stressed the importance of attracting more expertise and investments.

    He also highlighted the incentive packages provided by Bahrain for overseas investors.

  • Arab League plays safe, calls for diplomatic solution in Ukraine

    The Arab League on Monday expressed its worry over Russia's invasion of Ukraine and called for a "diplomatic solution," as...

    Most Arab countries so far have not come down on one side or the other in the war

    Middle East and North African governments are cautious in their response to Russia, a major supplier of the region's wheat and weapons.

  • UN Security Council extends Yemen arms embargo to all Houthi rebels

    The UN Security Council voted Monday to extend to all of Yemen's Houthi rebels an arms embargo that until now...

    Yemen has been embroiled since 2014 in a civil war between the Iran-backed Houthis and the internationally recognized government supported by a Saudi-led military coalition.

    Russia, which is close to Iran, voted in favor of the resolution targeting the rebels.

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