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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 to withdraw diplomats’ families from Ukraine

    "The foreign ministry also recommends that Israeli citizens planning to come to Ukraine consider refraining from doing so at this...

    "The foreign ministry also recommends that Israeli citizens planning to come to Ukraine consider refraining from doing so at this time," the ministry said

    It advised Israeli citizens residing in Ukraine to "avoid approaching hotspots" in view of the "worsening situation"

  • Morocco, Finland sign MoU to fortify cooperation in energy sector

    The agreement was signed on Wednesday in Rabat by Morocco's Minister of Energy Leila Benali, and Finland's Minister of Economic...

    The agreement was signed on Wednesday in Rabat by Morocco's Minister of Energy Leila Benali, and Finland's Minister of Economic Affairs, Mika Tapani Lintilä.

    The two parties will work together closely to implement cooperative actions in the sectors of renewable energy, clean technologies and energy efficiency

  • US warns Russia could attack Ukraine ‘any day’

    The United States dramatically raised the alarm Friday over Ukraine, warning that a Russian invasion starting with civilians caught under...

    Sullivan made clear that the United States was bracing for the worst, including a "rapid assault" on the capital Kyiv

    Russian naval forces and troops, including units brought in from all over the vast country, now surround Ukraine to the south, east and north

  • UN chief calls on ‘all parties’ to preserve stability in Libya

    UN chief Antonio Guterres called Friday on "all parties to continue to preserve stability in Libya as a top priority,"...

    The UN chief's statement did not mention by name either Libya's interim Prime Minister Abdelhamid Dbeibah or the new prime minister appointed on Thursday, Fathi Bashagha

    Guterres also did not repeat what his spokesman had said a day earlier, namely that the UN has continued to support Dbeibah as interim prime minister

  • Israel, UAE invite joint research proposals from varsities, research institutes

    The UAE and Israel are inviting universities and research institutes in both countries to submit joint research proposals based on...

    Successful proposals will be selected by a joint UAE-Israel committee, which will choose one project to be funded.

    The selected research project will receive $200,000 of funding from the UAE Space Agency and Israel Space Agency.

  • IEA warns of ‘chronic’ OPEC+ failure to meet 2022 oil demand

    The 13 members of the Saudi-led Organization of the Petroleum Exporting Countries (OPEC) and their 10 allies, including Russia, had...

    The group began to increase output last year, renewing every month a target of 400,000 barrels per day, as demand and prices recovered.

    But analysts have said some members, such as Angola and Nigeria, have been unable to scale up their production and others are unwilling to do so.

  • ‘Difficult talks’ over Ukraine to resume again in March

    German, Russian, Ukrainian and French representatives have agreed to meet again in March after "difficult talks" in Berlin, sources close...

    The meeting in the so-called four-way "Normandy" format late Thursday lasted more than nine hours

    Mediation between Russia and Ukraine by Berlin and Paris led to the Minsk agreement of 2015, but Kyiv and Moscow regularly accuse each other of violating its terms

  • Iranians get behind wheel to mark 43rd anniversary of Islamic revolution

    Thousands of Iranians drove through Tehran on Friday to mark the 43rd anniversary of the country's Islamic Revolution, staying in...

    Due to the pandemic, state television said this year, as the previous year, there should be "no gathering or marching" by those celebrating the 1979 overthrow of the shah's regime.

    Instead, people travelled by car, motorcycle and bicycle, to converge on the capital's iconic Azadi Square, despite chilly temperatures.

  • Algeria’s Sonatrach signs deal to restart Libya operations

    The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar.

    The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar

    The Sonatrach statement said the oil and gas giant planned to “redouble efforts for a swift return” to its activities in Libya

  • EU chief unveils 150-bn-euro investment plan for Africa

    The scheme is the first regional plan that seeks to mobilise up to 300 billion euros ($340 billion) for public...

    The scheme is the first regional plan that seeks to mobilise up to 300 billion euros ($340 billion) for public and private infrastructure around the world by 2027

    Seen as a response to China's Belt and Road initiative, the strategy will use funding from EU institutions and member countries to leverage private-sector investment

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