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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.
  • India, UAE have historic friendship, partnership: Speaker of Lok Sabha

    Birla made this statement during a joint Emirati-Indian session chaired by Saqr Ghobash, Speaker of the Federal National Council.

    Birla made this statement during a joint Emirati-Indian session chaired by Saqr Ghobash, Speaker of the Federal National Council

    He also affirmed that the bilateral relations between India and the UAE have significantly improved, developing into a comprehensive strategic partnership

  • Moscow must fully comply with UN charter: Guterres

    "The principles of the UN Charter are not an a la carte menu.... Member States have accepted them all and...

    "The principles of the UN Charter are not an a la carte menu.... Member States have accepted them all and they must apply them all," Guterres told reporters

    The secretary-general called Russia's recognition of "the so-called 'independence'" of two Ukraine regions "a violation of the territorial integrity and sovereignty of Ukraine."

  • US sanctions cut Russia off from Western financing

    US sanctions against Russia announced Tuesday include steps to starve the country of financing, although they did not go as...

    In an unusual and potentially harsh step, Washington blocked Moscow from raising new money from Western banks by prohibiting trading in Russian debt as of March 1

    The measures target Vnesheconombank (VEB), Russia's state development bank, and Promsvyazbank (PSB), another state-supported institution

  • Gas prices ‘in God’s hands’, producers warn as Ukraine crisis sparks surge

    Major gas exporting nations said Tuesday they could not guarantee prices or supplies at a summit overshadowed by the worsening...

    Emir of #Qatar', which hosted a summit, said #gas producers were working to ensure "credible and reliable" supplies.

    The United States has asked Qatar to help Europe if supplies are cut, but its Energy Minister Saad Sherida al-Kaabi said that his country could not rescue Europe alone.

  • Saudi forces shoot down Houthi drone, falling debris hurts 16

    Sixteen people including foreigners were injured in Saudi Arabia when the kingdom destroyed a drone launched against an airport by...

    It is the second airport attack in less than two weeks blamed on, or claimed by, the Iran-backed Houthi insurgents

    Officials in the kingdom said 12 people were hurt on that occasion by falling debris when the Saudi military blew up a Yemeni rebel "bomb-laden" drone targeting Abha International

  • Turkey projects soft power in Syria by building homes

    Syrian mother of four Maryam al-Hussein was relieved to have a roof over her head as she moved from a...

    The housing complex built near the Turkish-held Syrian city of Al-Bab is the latest in a series of residential projects sponsored by Ankara

    Turkey and its proxies have seized control of territory inside Syria during several military operations launched since 2016

  • Oil nears $100 as Western powers prepare sanctions against Russia

    The jump in oil prices is compounding worries about inflation around the world, with the US Federal Reserve coming under...

    That has in turn battered equity markets in recent months, and the latest developments out of Europe led to another day of hefty selling on Tuesday.

    Russia's recognition of the breakaway regions of Ukraine will "strongly increase" economic uncertainty for the EU, its economy commissioner Paolo Gentiloni said.

  • World leaders congratulate Saudi Arabia on its Founding Day

    Saudi Arabia celebrated the anniversary of its founding day about three centuries ago. The anniversary of Saudi Arabia's founding day...

    The anniversary of Saudi Arabia's founding day coincides with 22 February 1727, since the era of Imam Mohammad bin Saud, the ruler of Diriyah.

    Pakistan Prime Minister Imran Khan the kingdom further progress and prosperity.

  • Iran calls for ‘restraint’ in Ukraine, blames West

    Iran urged "restraint" from both Russia and Ukraine on Tuesday while blaming the United States and NATO for the sharp...

    President Vladimir Putin announced late Monday that Russia recognized the independence of Ukraine's separatist-held Donetsk and Lugansk regions

    "The Islamic Republic of Iran calls on all parties to exercise restraint and avoid any action that could aggravate tensions," a foreign ministry statement said

  • Bags packed, Ukrainians at frontline brace for Russian invasion

    Locals residing in border area are angered at both Russian President Vladimir Putin and Ukraine's Western-backed leader Volodymyr Zelensky for...

    Some Avdiivka residents who have stayed through the worst months of Ukraine's eastern separatist war are now preparing to evacuate Aris Messinis

    The official toll now of causalities is still small as one civilian and two Ukrainian soldiers have been killed by Kyiv in last week

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