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TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

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.
  • ADSB wins $952-million UAE Navy contract

    Abu Dhabi Ship Building (ADSB), a leader in the new build, repair, maintenance, refit and conversion of naval and commercial vessels, has been awarded an AED3.5 billion ($952 million) contract by the Ministry of Defense (MOD) and UAE Navy, to build four Falaj 3-class Offshore Patrol Vessels (OPVs).
  • Abu Dhabi Ship Building wins $952m UAE Navy contract

    The company will build four Falaj 3-class Offshore Patrol Vessels used to carry out a wide range of missions Chairman Khalid Al Breiki calls the order, company's biggest ever, a 'resounding vote of confidence' from the Ministry of Defense, UAE Navy Abu Dhabi Ship Building (ADSB), a leader in the...