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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.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • Salem AlMarri promoted as Director of Mohammed Bin Rashid Space Centre

    Salem Humaid AlMarri, Deputy Director General of Mohammed Bin Rashid Space Centre (MBRSC), has been promoted as the Director General...

    The decision was issued by Dubai Crown Prince and President of the Mohammed Bin Rashid Space Centre, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

    With over 15 years of experience, AlMarri has been responsible for ensuring the success of various programs within the UAE National Space Program.

  • Aid cuts threaten hospitals in the last enclave opposing Syrian regime

    The crowded hospital in Darkush in Syria's rebel-held northwest treats around 30,000 patients every month, for free -- but now...

    Dwindling funds have caused dire shortages of medicine and equipment in this and other clinics in the Idlib region, the last Syrian enclave to oppose the regime in Damascus.

    Last year, the UN and its partners already fell short of raising even half of the $4.2 billion requested for Syria's humanitarian needs.

  • ‘Not time to give up’, says Biden on Iran nuclear talks

    President Joe Biden is still bullish on being able to revive the 2015 nuclear deal with Iran.

    US Secretary of State Antony Blinken earlier said there were only "a few weeks left" to save the Iran nuclear deal

    The talks look to restore the 2015 accord between Iran and the United States, France, Britain, Russia, China, and Germany

  • Islamic Development Bank keen to cooperate for achieving SDGs

    The Islamic Development Bank (IsDB) affirmed that it would work together with all Multilateral Development Banks, International Finance Institutes, and...

    IsDB Group actively pursues counter-cyclical financing to its 57 member countries when they need it most, said its President Muhammad Al Jasser.

    To boost the economy and recovery of the member countries, the Bank has approved development programs and projects amounting to $1.6 billion.

  • US agency designates three Hezbollah-linked financial facilitators

    The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Hezbollah-linked financial facilitators and their Lebanon-based...

    This action comes at a time in which the Lebanese economy faces an unprecedented economic crisis.

    OFAC designated Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company, Dar Al Salam for Travel & Tourism.

  • UN confirms 2021 among seven hottest years on record

    The past seven years have been the hottest on record, the United Nations confirmed Wednesday, adding that 2021 temperatures remained...

    The warmest seven years have all been since 2015, the UN's World Meteorological Organization said.

    2021 also marked the seventh consecutive year that global temperatures were more than 1C above pre-industrial levels.

  • Most UAE consumers believe natural is healthier, says a survey

    UAE consumers show a growing interest in natural foods, backed by the understanding that natural produce is the healthier choice,...

    Nearly 60 percent of the participants agreed that the naturalness of the product influences their grocery choices, the highest of all markets.

    84 percent of UAE consumers confirmed making an effort to limit their consumption of artificial additives in the last 12 months.

  • Israel police demolish Palestinian home in east Jerusalem eviction

    Israeli police demolished the home of a Palestinian family and arrested at least 18 people as they carried out a...

    The looming eviction of other families from Sheikh Jarrah in May last year fueled an 11-day war between Israel and armed Palestinian factions in Gaza.

    Hundreds of Palestinians face eviction from homes in Sheikh Jarrah and other east Jerusalem neighborhoods. Circumstances surrounding the eviction threats vary.

  • Two day long Water-Food-Energy Summit concludes in Dubai

    In order to explore solutions for water, food, and energy challenges, the UAE, Jordan, and the Netherlands wrapped up the...

    The UAE, Jordan, and the Netherlands issued a trilateral declaration affirming their commitment to supporting a nexus approach that optimizes resource use

    The joint statement encouraged governments to incorporate practical solutions to water, food, and energy challenges into policy-making

  • Turkey looks to revive frozen ties with Israel

    Turkey's Erdogan said he was resurrecting talks with Israel on an old idea to bring Mediterranean gas to European clients...

    Turkish President Recep Tayyip Erdogan has signaled that his country is ready to mend its ties with Israel

    Turkey and Israel's relations froze after the death of 10 civilians in an Israeli raid on a Turkish flotilla in 2010

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