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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.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Oil price break $100 on Russian ‘military operation’ in Ukraine

    According to the UN, a full-scale Russian invasion on Ukraine would have a devastating global impact that would likely spark...

    The crisis comes as governments struggle to contain runaway inflation fueled by demand as life returns after recent Covid-19 lockdowns,

    World Markets have been hammered since a week as the Kremlin recognized Ukraine's rebellion and said it would provide "peacekeepers" to the regions

  • US declares Russia’s prized Nord Stream 2 pipeline ‘dead’

    Although the pipeline is seen as an efficient way to supply energy to the European Union, which depends heavily on...

    Built to funnel Russian natural gas to Germany under the Baltic Sea, Nord Stream 2 has long been controversial

    The pipeline is completely built, but has not been put in use and for now at least it won't be

  • Qatar to recall two infant products on suspicion of contamination

    The Ministry urged all consumers to report any violations by communicating with the Consumer Protection and Anti-fraud Department.

    The decision is taken due to the possibility of contamination of these products with Salmonella and Chronobacter bacteria.

    The Ministry stated in a statement today that this move comes to ensure the immediate cessation of the use of the products.

  • ICESCO to cooperate with Qatari institutions and authorities

    The Director-General of ICESCO Salim bin Mohammed Al-Malik met with Ambassador of Qatar to Morocco Sheikh Abdullah bin Thamer

    During the meeting, they discussed ways to enhance the distinguished relations of cooperation between ICESCO and Qatar

    The officials also reviewed aspects of the success achieved during the celebration of Doha, Capital of Culture of the Islamic World 2021

  • EU to send observers to Lebanon for monitoring parliamentary elections

    The European Union will send election observers to monitor Lebanon's May 15 parliamentary polls, at the invitation of Beirut's government,...

    The team's chief observer, Gyoergy Hoelvenyi, said in a statement it will be the fourth time the EU has sent observers to Lebanon, after previous missions in 2005, 2009 and 2018.

    Lebanon is in the grip of an economic crisis that has generated public fury against its politicians, many of whom are seen as corrupt.

  • Sudan sends delegation to Russia for talks on cooperation

    A delegation of senior Sudanese officials, including the deputy leader of the country's military-led ruling body, headed to Russia on...

    Sudan has found itself increasingly isolated since an October 25 coup that has seen foreign aid cut as part of the international community's response to the military takeover.

    Sudan was militarily dependent on Russia for decades due to crippling sanctions imposed by Washington against Bashir's government.

  • Post-Covid recovery needs to be green, human centered: UN chief

    As the pandemic grinds on, poverty is rising, inequalities are widening, and household incomes are dwindling, while billionaires have seen...

    António Guterres was addressing Global Forum for Human-centered recovery, organized by the International Labor Organization.

    The three-day forum is being held online and brings together world leaders, heads of international organizations and multilateral development banks.

  • Jordan, Egypt discuss cooperation in rail transport

    Jordan Ministry of Transport spokesperson, Ali Odaibat, said the visit follows a meeting between Minister of Transport Wajih Azaizeh, and...

    Jordan Ministry of Transport spokesperson, Ali Odaibat, said the visit follows a meeting between Minister of Transport Wajih Azaizeh, and his Egyptian counterpart, Kamel Al-Wazir

    He added that the delegation will discuss the economic feasibility study for the railway between Zarqa, Amman and Queen Alia International Airport

  • UAE sends 47 tons of emergency relief to Mozambique

    The aid is expected to improve the humanitarian situation of hurricanes, drought, and terrorist attacks faced by some countries in...

    The assistance is reportedly part of provisions to support casualties and the displacement of many residents

    The unrest is said to have left families, including children and women, homeless and without basic food needs

  • UN Security Council ends Iraq invasion reparations to Kuwait

    The unprecedented panel is considered a model for reconciliation that could help resolve future conflicts if necessary.

    The United Nations Compensation Commission was created in May 1991 by Security Council Resolution 692

    It managed Iraq's financial compensation to Kuwait, which featured a 5 percent tax levied on its oil sales

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