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‘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.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.
  • Travel and tourism sector contributes 11.4 percent to Gulf’s GDP

    Muscat, Oman -- Travel and tourism sector's contribution to the Gulf's GDP by the end of 2024 reached approximately 11.4 percent, with a value of $247.1 billion. The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicated that the growth rate...
  • Global warming raises risk of heat-related deaths among workers

    The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard that tens of thousands of workers around the world have died from chronic kidney disease and other illnesses linked with extreme heat over recent decades.
  • Inter-Arab investments low, need favorable conditions to grow: Hanafi

    Dubai, UAE -- The UAE had become a center for foreign investments, leading Arab, regional and global rankings in attracting investments, said Dr. Khaled Hanafi, Secretary-General of the Union of Arab Chambers on the on the sidelines of the Annual Investment Meeting (AIM) 2023.Hanafi stressed that business owners in the...
  • Air strike kills drug trafficker in Syria, says war monitor  

    BEIRUT, LEBANON -  An air strike killed a major drug smuggler and his family in southern Syria on Monday, a war monitor said, attributing the strike to Jordan though Amman did not immediately confirm.Drug dealer "Marai al-Ramthan, his wife and six children were killed in a Jordanian air force strike" in...
  • Amman Chamber exports rises to US$565m in January- March 2023

    AMMAN, JORDAN  -  The Amman Chamber of Commerce (ACC)'s export of goods and commodities to Arab and other countries increased during the first three months of 2023 by 58.2 percent compared to the same period last year.According to the chamber's statistical data obtained by Petra, "ACC's exports during the January-March...
  • Iran puts to death Swedish-Irani man over ‘terrorism’ charge

    TEHRAN, IRAN- Iran executed Swedish-Iranian dissident Habib Chaab for "terrorism" on Saturday, according to the judiciary."The death sentence for Habib Chaab... nicknamed Habib Asyud, the head of Harakat al-Nidal terrorist group... was executed today, Saturday morning," the judiciary's Mizan Online website reported.Chaab had been held in Iran since October 2020 after...
  • Qatar’s Q1 private sector exports hit $2.49 billion, up 17.5%

    Doha, Qatar -- Qatar's private sector exports hit QR 9.1 billion ($2.49 billion) in the first quarter of 2023, representing a 17.5 percent growth year-on-year (YoY) compared to QR 7.73 billion in Q1 of 2022.According to Qatar Chamber's quarterly report issued Tuesday, exports through the General Model amounted to QR...
  • UAE’s Sultan AlNeyadi achieves groundbreaking milestone as first Arab to perform spacewalk

    The mission objectives included crucial tasks such as routing power cables and retrieving a Radio Frequency Group unit, contributing to the station's operational capabilities.
  • Syrians in rebel-held Idlib rally against Arab-Assad detente

    "We came to send a message to the whole world that with this normalization, you will gain Bashar al-Assad the criminal, and you will lose the Syrian people," said Abdel Salam Mohammed Yussef, who heads a camp for displaced people.
  • Syrian Kurds ready for talks with Damascus, sharing resources

    "We affirm our readiness to meet and talk with the Syrian government and with all Syrian parties to hold discussions and present initiatives for a solution," the Kurdish authorities said.
  • Sound Saudi-Syria relations should be norm, says Bashar al-Assad

    The Syrian president met with Saudi Arabia's Foreign Minister Faisal bin Farhan in Damascus. This is the first visit to Syria's capital by a Saudi official since the start of the country's civil war in 2011, marking a new era in ties betwee the two countries.
  • Syrian foreign minister visits Algeria to boost ties

    Algiers, Algeria-- Syrian Foreign Minister Faisal Mekdad arrived in Algeria on Saturday, Algerian state radio reported late on Friday, a visit that reinforces Damascus' openness to the Arab world after it was isolated for more than a decade.The Algerian foreign minister, Ahmed Ataf, received the visiting minister, state radio said.It...
  • Jeddah meeting: Call for Arab role in resolving Syrian crisis, easing Asad’s isolation

    Syria was suspended from the Arab League in 2011 over Assad's brutal crackdown of pro-democracy protests. But on Wednesday, in the latest sign of an easing in tensions with Damascus, Syrian Foreign Minister Faisal Mekdad arrived in Jeddah, the first such visit since the war began.
  • Arab nations gather to discuss ending Syria’s long isolation

    Arab countries gathered in Jeddah on Friday to discuss ending Syria's long spell in the diplomatic wilderness as regional relations shift following Saudi Arabia and Iran's decision to resume ties.
  • Medical tourists spent $270m in Dubai during 2022: DHA

    Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its growth as an Arab, regional and international healthcare destination.
  • 9 Arab nations to discuss Syria ties at Saudi Arabia meet on Friday

    Syria's President Bashar al-Assad, diplomatically isolated since the start of the Syrian war in 2011, has visited the UAE and Oman over the past two months. An Arab League summit is expected to be held in Riyadh in May.
  • UAE, Vietnam begin process for economic partnership pact

    Abu Dhabi, UAE - The UAE and Vietnam signed Thursday a declaration of intent to start negotiations for a comprehensive economic partnership agreement (CEPA).The document was signed by Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Nguyen Hong Dien, Minister of Industry and Trade of Vietnam,...
  • Man killed by police in old Jerusalem, says Israel

    Israeli police said they shot dead an Arab Israeli who grabbed a gun from an officer and fired it in a scuffle in the Old City of Jerusalem. Police said the attack took place around midnight near the Chain Gate, an access point to the Al-Aqsa mosque compound in Israeli-annexed...
  • UAE-Israel free trade deal to take effect on April 1

    The customs deal is viewed as the concluding phase of a free trade agreement following the normalization of relations between the two countries. Netanyahu describes it as historic.
  • Time for Syria to return to Arab fold, Sheikh Mohamed tells Assad

    Abu Dhabi, which normalized relations with Assad's government in 2018, has led aid efforts in the aftermath of the February 6 earthquake that struck southeastern Turkey and northern Syria, killing tens of thousands. A diplomatic momentum generated by aid efforts in the quake's aftermath could bolster Damascus's relations with Middle...
  • Dubai’s tech sector gains greater popularity

    Dubai boasts a thriving community of startup incubators and accelerators, as well as regulatory sandbox schemes for the development and testing of new tech business models.
  • TRENDS poll reveals women in GCC not paid less salaries than men

    While many women still believe they are not adequately compensated, men, in contrast, have a different view, with many saying women are paid the same as men.
  • Israel lawmakers inch closer to pass judicial reform law

    JERUSALEM- Israel's parliament took another step Tuesday to push forward a legal reform package that has sparked mass protests against the hard-right government of Prime Minister Benjamin Netanyahu.Lawmakers in a 3:00 am (0100 GMT) vote approved a bill in first reading that would, among other things, allow the Knesset to...
  • UAE, Qatar least corrupt Arab nations

    The 2022 Corruption Perception Index says corruption is undermining democratic processes and fueling violence in the Middle East and North Africa region.
  • Jordan Senate, Arab Parliament speakers discuss regional issues

    AMMAN,  JORDAN -   The Speaker of Jordan's Senate Faisal Fayez met with Arab Parliament Speaker Adel Abdulrahman Al-Asoomi and discussed the ways and means to activate parliamentary work and diplomacy to address the region's common interest.During the meeting, attended by Jordan's ambassador to Egypt Amjad Adaileh, the two sides underscored...
  • Tunisian star Ons Jabeur calls for ‘dignity’ amid row over migrants

    A week after President Kais Saied ordered "urgent measures" against irregular sub-Saharan migrants, Tunisian tennis star Ons Jabeur has spoken out against "discrimination". In a tweet Jabeur said that as a proud Tunisian, Arab and African woman she celebrates the right of everyone to live with dignity.
  • Egypt’s FM to visit Syria and Turkey to show ‘solidarity’

    For the first time in a decade, Egypt's Foreign Minister Sameh Shoukry will visit Syria and Turkey to show ""solidarity with the two countries and their brotherly peoples" after the powerful earthquake that hit the two countries earlier this month. The visit illustrates the gradual acceptance of the once-isolated Syrian...
  • FNC Speaker calls for greater coordination at Arab Inter-Parliamentary Union meet

    BAGHDAD, IRAQ - Speaker of the UAE Federal National Council (FNC) Saqr Ghobash said that Arab parliaments should are required to coordinate parliamentary work.He said that Arab parliaments should unify positions on all common issues, activate the role of parliamentary diplomacy and cooperate in order to achieve the integration which...
  • Egypt ranks globally fifth in remittances

    Although the remittances grew by an estimated 5 percent in 2022, they were lower than the 10.2 percent increase in 2021.
  • Arab Parliament ratifies Jordan’s idea on center for food security

    Cairo, Egypt--The Arab Parliament on Saturday endorsed a proposal submitted by Jordan's Lower House Speaker Ahmad Safadi, stipulating the establishment of a regional center for food security in Jordan, Speaking at the Arab Parliament fifth conference on Saturday, Safadi said Jordan can facilitate and coordinate Arab and international action, and...
  • UAE tops globally in tertiary education

    For the 12th year in a row, Switzerland leads the ranks on the Global Innovation Index. South Korea was the most innovative Asian country.
  • Egyptians hope to bag bargains at Arab world’s largest book fair

    Cairo, Egypt---Thousands of Egyptian bibliophiles weave through a labyrinthine display of books, reviving an annual tradition at the Arab world's largest book fair, but this year it comes at a steep cost.The 54th Cairo International Book Fair was overshadowed by a punishing economic crisis that has seen Egypt's currency, the pound,...
  • UAE creates a sustainable ecosystem to further enhance understanding of space, says astronaut

    He was speaking at an event hosted by Mohammed Bin Rashid Space Centre, where the details of the second crewed mission of the UAE Astronaut Programme to the ISS was revealed. Scheduled for launch on Feb 26 at 11:07, the mission will be the first long-duration Arab astronaut mission.
  • Jordan lowest bribery risk Arab nation

    North Korea, Turkmenistan, Equatorial Guinea, Syria and Venezuela present the highest commercial bribery risk, said the TRACE Bribery Risk Matrix 2022.
  • MoU signed to establish Arab Digital Foodstuff Market

    Abu Dhabi, UAE - As part of the pan-Arab efforts to implement the joint Arab digital economy vision, launched by UAE President Mohamed bin Zayed Al Nahyan, an MoU was signed to establish an Arab Digital Foodstuff Market.Ahmed Abu Al Gheit, Secretary General of the League of Arab States and...
  • 1st Arab long-duration astronaut mission to launch on Feb 26

    Key mission information, such as the launch time and launch opportunities, was announced during the NASA Crew-6 mission overview media briefing.
  • Arab states boycott meeting hosted by Libya’s unity government

    The snub underlines Arab divisions over the Tripoli-based government, whose legitimacy is contested by a rival administration in the war-torn country's east. Regional heavyweights Egypt, Saudi Arabia and the United Arab Emirates were not represented at all at the gathering -- a preparatory session ahead of a foreign ministers' meeting in...
  • Muslim world condemns burning of copy of Quran in Swedish capital

    Secretary-General of the GCC Dr. Naif Falah Mubarak Al-Hajraf has warned that the act would inflame and provoke Muslims around the world. He said the GCC stood for the importance of spreading the values of tolerance and rejecting extremism.
  • Doha Port receives Costa Toscana, marking start of cruise season

    Doha, Qatar--Doha Port has received the Italian cruise ship Costa Toscana of Costa Cruises, as part of the cruise's first tour in the Arabian Gulf region.The cruise ship has a capacity of about 6,500 visitors, and features a water park, 13 swimming pools and hot tubs, 13 restaurants and 19...
  • ASBU president calls for upgrading of digital content industry

    Tunis, Tunisia--The President of Arab States Broadcasting Union (ASBU) and CEO of Saudi Broadcasting Authority Mohammed bin Fahd Al-Harthi has called on media institutions in the Arab countries to develop and keep pace with changes by upgrading the local digital content industry to global standards.Speaking on the sidelines of the...
  • Iran and Iraq spar over naming of soccer event as Arabian Gulf

    Tehran, Iran -- Iran has protested to Iraq over the use of the name "Arabian Gulf" for a regional football competition held in the neighboring country, state media reported Wednesday.The Islamic republic insists the body of water should be called the "Persian Gulf" and has repeatedly raised the issue with countries...
  • UAE remains the most innovative Arab economy

    The Global Innovation Index ranks the countries on 81 indicators across seven categories, including Business Sophistication, Infrastructure and Technology Outputs among others.
  • Market cap of Arab bourses hits US$4trn at end of 2022

    Abu Dhabi, UAE--The market cap of Arab stock exchanges has vaulted to $4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF).The AMF said in a statement that the market value of the Abu Dhabi Securities Exchange reached $714.6 billion in the reference year, while that...
  • Arab-Israeli released after 40-year prison term for killing soldier

    With a black and white keffiyeh around his shoulders, 64-year-old Younis was met by a crowd singing the Palestinian national anthem in Ara in northern Israel. "Every prisoner's story is the story of an entire people and I am proud to be one of those who sacrificed for Palestine," said...
  • Palestinians mull next moves after Israel minister’s Al-Aqsa visit

    Hours after Ben-Gvir's appearance at the sensitive site, Hamas and other militant groups held emergency meetings to discuss a "proportionate" response, sources within the movement told AFP. Overnight a single rocket was fired from Gaza, though it failed to cross into Israeli territory and the launch went unclaimed by any...
  • UAE tops Arab world in exports worth US$142.5bn in 2021

    Abu Dhabi--The UAE ranked first in the Arab world in terms of the value of manufactured exports in 2021, with a total value of $142.5 billion, according to the Arab Monetary Fund (AMF).According to the AMF's Joint Arab Economic Report, the UAE's manufacturing industry exports account for 43.9 percent of...
  • Jerusalem named Permanent Arab Media Capital at info ministers meet

    Tripoli, Libya- -The Council of Arab Information Ministers chose the city of Jerusalem as the permanent capital of Arab media, in an affirmation of the centrality of the Palestinian cause, and in appreciation of the emotional status and the special historical and legal character of this holy city, media reports...
  • Morocco to deploy football World Cup exploits to make diplomatic gains

    Rabat, Morocco--Morocco is hoping its unprecedented World Cup exploits can help it win friends and influence people, especially among an Arab public opposed to its 2020 rapprochement with Israel.Support for the Atlas Lions surged as they battled their way to the semi-final of the football World Cup in Qatar -- the...
  • Morocco World Cup team arrives home to heroes’ welcome

    The team and their coach Walid Regragui waved from an open-topped bus as they were driven from the airport and around central Rabat, accompanied by dozens of police cars and motorbikes with flashing lights and wailing sirens. "I'm so proud of our team. Who knows -- maybe next time they...
  • Off a highway, Israel Bedouins rejoice in horse racing

    More than 260,000 Bedouins in Israel are part of the country's Arab minority, which is roughly a fifth of its 9.3 million population.
  • Riyadh summits bring in fresh hopes, opportunities as region sees China as ‘growth engine of global economy’

    While a UAE official in Beijing calls the China-Arab summit a key milestone in the history of relations between the two peoples, Palestine hails its outcomes as 'beyond expectations'