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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.
  • 10 injured in fire at Kuwait’s largest refinery, operations unaffected

    A fire at a gas liquefaction unit in Kuwait's largest refinery Friday left 10 people injured before it was put...

    The blaze "erupted during maintenance work" on the unit at Mina al-Ahmadi refinery, 40 kilometers south of Kuwait City.

    Five of the injured were hospitalized with severe burns. Firefighters were mobilized and had extinguished the blaze.

  • UAE and Brazil aim to boost strategic alliance

    The UAE and Brazil have reiterated their resolve to boost bilateral relations in the light of the strategic partnership between...

    Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Brazil's Minister of Foreign Affairs Carlos Franca reviewed the relations

    The two discussed the situation in the region in addition to issues of interest, including ways of supporting the international efforts to address the impact of COVID-19 pandemic

  • Morocco backs UN talks on Western Sahara as new envoy visits

    Staffan de Mistura, a former UN envoy to Syria, met the North African kingdom's top diplomat Nasser Bourita in Rabat,...

    Staffan de Mistura, a former UN envoy to Syria, met the North African kingdom's top diplomat Nasser Bourita in Rabat, the foreign ministry said

    De Mistura is later expected to visit Morocco's arch-rival Algeria, which backs the Polisario Front seeking independence in Western Sahara

  • US says only ‘a few weeks left’ to save Iran nuclear deal

    Talks to restore the 2015 accord between Tehran and world powers -- United States, France, Britain, Russia, China, and Germany...

    According to Secretary of State Antony Blinken, Tehran has made nuclear advances that "will become increasingly hard to reverse

    The 2015 deal offered Iran much-needed relief from sanctions that have crippled its economy, in return for curbs on its nuclear program

  • China wants greater GCC role in global, regional affairs

    GCC Secretary-General Naif Falah Al-Hajraf and Chinese State Advisor and Minister of Foreign Affairs, Wang Yi, also agreed on a...

    In a joint statement, the Chinese side is said to have praised the GCC’s achievements since its inception 40 years ago

    The two sides concurred on the completing negotiations on the free trade agreement between the GCC and China as soon as possible

  • DEWA invites people to live coverage of its nanosatellite launch

    The U3 nanosatellite was designed and developed at DEWA’s R&D Centre

    The satellite will be launched by SpaceX Falcon 9 rocket from Cape Canaveral Space Launch Complex (SLC-40) in Florida, USA.

    MD & CEO of DEWA Saeed Mohammed Al Tayer will attend the launch along with officials from DEWA, SpaceX, and NanoAvionics.

  • EU expects more GCC investors for its special program: Official

    On 12th October 2021, the European Commission issued its first-ever NextGenerationEU green bond

    The program is a temporary recovery instrument to help Europe repair the immediate economic and social damage brought about by COVID-19.

    Since June 2021, the European Commission has rolled out five issuances and raised around €71 billion in long-term EU-Bonds, and short-term EU-Bills

  • Iranian teachers demonstrate in several cities against pension reforms

    Hundreds of teachers on Thursday rallied in several Iranian cities to denounce the slow implementation of salary and pension reforms,...

    In Gilan province on the Caspian Sea coast, around 150 teachers marched in the city of Rasht, while another 70 did so in Lahijan, the state broadcaster reported.

    The protesters are demanding that the government move more quickly on a planned grading system for teachers based on experience and performance.

  • Tunisia’s Ennahdha urges Friday protests, defying Covid ban

    Tunisia's  Ennahdha party has reiterated calls for demonstrations on Friday marking the anniversary of the country's revolution, defying tightened coronavirus...

    Ennahdha is the biggest party in a parliament that was suspended by President Kais Saied in July 2021, and has staged a string of protests against the premier.

    The party had last week called for rallies on Friday to mark the 2011 fall of dictator Zine El Abidine Ben Ali in a revolt that sparked copycat uprisings in several Arab countries.

  • Germany convicts Syrian ex-colonel in ‘historic’ torture trial

    Anwar Raslan, 58, was found guilty of overseeing the murder of 27 people at the Al-Khatib detention center in Damascus,...

    Prosecutors had accused him of overseeing the murder of 58 people and the torture of 4,000 others at the center, but not all of the deaths could be proven.

    Presiding judge Anne Kerber said the Syrian regime had resorted to "violence" and "the heavy use of munitions" to suppress protests that erupted in March 2011.

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