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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.
  • Erdogan arrives in UAE after a decade to revive bilateral relations

    Turkish President Recep Tayyip Erdogan reached Abu Dhabi on Monday for his first visit to the UAE in nearly a...

    Turkey and the UAE have backed opposing sides in the Libyan civil war and in a Gulf diplomatic crisis

    But those tensions eased after Abu Dhabi Crown Prince Mohammed bin Zayed traveled to Ankara in November

  • US discusses transfer deal with Afghans in UAE

    US officials in the United Arab Emirates met with Afghans after a protest in Abu Dhabi this week and discussed...

    The UAE was one of several Arab Gulf countries that assisted with the evacuation of Afghans fleeing the Taliban after the group seized power in August last year

    The US embassy said that it was aware of the "peaceful demonstration" to express "concerns about future resettlement and processing for onward travel"

  • Iran says Vienna nuclear deal talks ‘complicated’ but ‘no impasse’

    Iran is engaged in negotiations with Britain, China, France, Germany and Russia directly and with the United States indirectly to...

    But the US unilaterally withdrew from deal in 2018 under then-president Donald Trump and reimposed economic sanctions.

    Sanctions prompted Tehran to begin rolling back on its commitments. The drive to salvage the 2015 nuclear deal resumed in late November.

  • Germany leader heads to Kyiv to calm ‘critical’ Russia war threat

    Scholz has warned Russia it should "not underestimate our unity and determination."

    Scholz has warned Russia it should "not underestimate our unity and determination"

    Russian President Putin has surrounded Ukraine from nearly all sides with more than 100,000 soldiers

  • Clashes as Israeli lawmaker visits Jerusalem flashpoint, teen killed

    Scuffles had broken out Sunday as Itamar Ben Gvir of the far-right Religious Zionism alliance set up a tent "office"...

    Scuffles had broken out Sunday as Itamar Ben Gvir of the far-right Religious Zionism alliance set up a tent "office" in Sheikh Jarrah

    More than 200,000 Jewish settlers live in east Jerusalem, in communities widely regarded as illegal under international law

  • Ukraine leader invites Biden to visit Kyiv in ‘coming days’

    Ukrainian leader Volodymyr Zelensky on Sunday invited US President Joe Biden to visit Kyiv to show Washington's support in the...

    Washington made no mention of an invitation in its readout of the 50-minute call

    The White House said "Biden reaffirmed the commitment of the United States to Ukraine's sovereignty and territorial integrity.”

  • Saudi coalition hits Yemen capital after drone attack

    "We have destroyed a communication system used to operate drone control stations," the coalition was quoted as saying by the...

    "We have destroyed a communication system used to operate drone control stations," the coalition was quoted as saying by the SPA

    Riyadh intervened in the Yemeni civil war in 2015 to support the government against the Houthi rebels

  • Bangladesh aiming at direct shipping line to UAE for faster connectivity

    Bangladesh wants to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two...

    Foreign Minister of Bangladesh AK Abdul Momen, on a four-day official visit to the UAE, said Bangladesh is keen to utilize the UAE’s expertise in port management.

    The bilateral trade between two countries in 2021 stood at $1.8 billion, Momen said, adding that a direct shipping line would help multiply it several times.

  • Bahrain and Egypt share solid relations: Fawzia bint Abdulla Zainal

    Bahrain and Egypt share solid long-standing brotherly relations, and there is steady progress in it due to their deep partnership...

    The two sides discussed ways to enhance parliamentary relations between the two countries, in addition to the mechanisms to develop joint action.

    They also exchanged points of view on regional and global issues of mutual interest affirming the importance of cooperation between the two.

  • Former Iraq foreign minister Zebari ruled out of presidential race

    Iraq's supreme court on Sunday ruled out a bid by veteran politician Hoshyar Zebari to run for president after a...

    Zebari had already been suspended temporarily from the contest on February 6, the eve of the scheduled presidential vote in parliament.

    The complaint against Zebari said his participation would have been "unconstitutional" because of the outstanding corruption charges.

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