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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.
  • Israel’s economy minister visits Morocco to cement trade ties

    The minister is visiting Rabat, economic capital Casablanca, and tourist hub Marrakesh as well.

    Israel Economy Minister Orna Barbivai arrived in Morocco for a visit aimed at developing economic and trade ties

    Rabat purchased Israeli defense technology after an a visit by the Israeli defense minister in November 2021

  • Moscow, Kyiv call for talks amid intense shellfire

    Ukraine and Russia called for intensified diplomatic efforts Sunday to avert all-out war, each blaming the other for a sharp...

    Macron and Putin then spoke for a second time late Sunday, the French presidency said

    Macron and Putin then spoke for a second time late Sunday, the French presidency said. Washington is warning a Russian invasion of Ukraine is imminent

  • Qatar Red Crescent Society project in Kurdistan benefits thousands

    QRCS Warm Winter campaign this year aims at meeting the food and winterization needs of around 42,040 families.

    The purpose of the project is to empower the displaced Iraqis and Syrian refugees at camps and beyond.

    This will help them to withstand the harsh conditions during the cold winter and improve their living conditions.

  • 461m Dubai riders used taxis, public and shared transport in 2021

    Nearly 461 million riders in Dubai used public transport, shared transport and taxis, which include metro, tram, public buses, marine...

    Dubai’s Roads and Transport Authority (RTA) said the number compares well with the number announced in 2020: about 346 million riders.

    The daily average of riders using mass transit means and taxis last year reached 1.3 million riders, compared to about 948,000 in 2020.

  • Jordan apprises US delegation of trade opportunities in kingdom

    A workshop held by the JCC and working meetings with a number of ministers and representatives of official entities, universities...

    The joint cooperation is to support economic cooperation, scientific research and joint business development

    The delegation met King Abdullah, and was briefed on trade and investment opportunities in the Kingdom

  • Iran MPs demand Western guarantees in nuclear talks

    Iranian MPs urged the government Sunday to secure Western guarantees at Vienna talks to restore the 2015 nuclear deal, state...

    In a letter addressed to President Ebrahim Raisi and read at parliament, 250 MPs out of the 290-strong assembly, set out several conditions for reaching a deal.

    It came amid growing signs over the weekend that a deal could be struck between Iran and world powers, including the United States.

  • Saudi Arabia looks to start fifth round of direct talks with Iran

    Saudi Arabia may initiate another round of direct talks with Iran despite a “lack of substantive progress” in previous rounds.

    Prince Faisal said if the 2015 nuclear pact was revived that should be “a starting point, not an end point” in order to address regional concerns

    Iranian Foreign Minister Hossein Amir Abdollahian said his country was “ready to achieve a good deal at the earliest possible time"

  • Israel sees Iran nuclear deal ‘shortly,’ warns it will be weaker

    Israeli Prime Minister Naftali Bennett , who has been a staunch opponent of the 2015 deal, said his country will...

    The 2015 Iran nuclear agreement offered Tehran sanctions relief in exchange for curbs on its nuclear program.

    But the United States unilaterally withdrew in 2018 under then-president Donald Trump and reimposed heavy economic sanctions.

  • Bahrain government launches scheme to extend health services to citizens

    Bahrain government has launched a health scheme, “Medic in Every Home”, aimed at extending health services and reaching out to...

    The project aims to enhance Bahrain’s rating on the third and fourth Sustainable Development Goals and increase the survival rate of the injured.

    Medic in Every Home was one of the three innovative ideas which were declared winners of the third edition of the Government Innovation Competition (Fikra).

  • UAE warns of drone threat as Abu Dhabi conference starts

    The UAE warned Sunday of the rising threat of drone attacks, such as those launched against it by Yemen's Houthi...

    The Unmanned Systems Exhibition (UMEX) kicked off in Abu Dhabi, with regional and Western military and industry representatives

    The UAE is part of a Saudi-led military coalition that has been fighting in Yemen since 2015 to support the government against Iran-backed Houthi rebels

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