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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.
  • Egypt to host emergency Arab summit on Palestinians: foreign ministry

    Cairo, Egypt -- Egypt will host a summit of Arab nations on February 27 to discuss "the latest serious developments" concerning the Palestinian territories, its foreign ministry said in a statement on Sunday.The "emergency Arab summit" comes as Egypt has been rallying regional support against US President Donald Trump's plan to...
  • Arab leaders adopt plan for 2023-2027 to push GCC-China partnership

    "China will continue to firmly support the GCC countries in maintaining their own security... and build a collective security framework for the Gulf," Chinese President Xi said at the start of the China-GCC summit.
  • Xi Jinping meets Saudi Arabia’s crown prince on high-stakes visit

    About $30 billion in agreements will be signed on Thursday, Saudi state media said, as China seeks to shore up its Covid-hit economy and as the Saudis, long-term US allies, push to diversify their economic and political alliances.
  • Morocco, the last Arab nation left standing, reach World Cup quarters

    Achraf Hakimi struck the decisive penalty to send Spain crashing out and Morocco into the World Cup quarter-finals for the first time, winning 3-0 in a shoot-out on Tuesday after a 0-0 draw.
  • Qatar’s Dr cool says air conditioned marathon possible in Gulf state

    There are already air-conditioned streets in the Katara cultural district and Qatar has a 1.1 kilometer air-conditioned jogging track in one city park. Media reports have said an Olympic marathon could also be specially cooled.
  • UAE moon rover launch put off, to run more ‘pre-flight checks’

    Dubai, UAE— The UAE’s moon rover launch has been delayed by one day in order to run more pre-flight checks, according to a statement released by SpaceX. Rashid Rover, the Arab world’s first lunar mission, is now scheduled to launch at 8:37 a.m. (GMT) on Thursday, Dec.1, from Cape Canaveral...
  • Qatar steps up diplomatic, media offensive against rights criticism

    In an interview with AFP, Qatar's Labor Minister Ali bin Samikh Al Marri said "racism" was behind the onslaught on his country's record. "They don't want to allow a small country, an Arab country, an Islamic country, to organize the World Cup," he said.
  • Handshakes, coffee cups: Qatar etiquette essentials

    Here are some of the cultural conventions football fans should know when visiting the emirate, which, like other Arab nations, prides itself on its hospitality.
  • S&P says GCC economies to get a boost from Qatar World Cup

    Dubai, UAE—  The economies of the Gulf Cooperation Council will likely receive a boost from the FIFA 2022 World Cup, as more than 1.2 million fans are expected to attend the event. According to a survey conducted by S&P Ratings, the influx of football fans from around the world will...
  • UAE, Jordan ministers discuss global, regional issues

    Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi met with UAE Minister of Foreign Affairs and International Cooperation, Sheikh Abdullah bin Zayed Al Nahyan.
  • Algeria hosts first Arab summit since Israel normalization deals

    Algeria mediated a reconciliation deal in October between rival Palestinian factions Fatah and Hamas. While few believe the deal will last, it was seen as a public relations coup for Algeria, which has been seeking an enhanced regional and international role, on the back of its growing status as a...
  • Jordan to host renewable energy investment forum

    AMMAN, JORDAN - Amman is scheduled to host the Seventh International Investment Forum for Renewable Energy and Energy Efficiency in MENA on Sunday, organized by the Arab Renewable Energy Commission(AREC), with Arab and international participation. In a statement Saturday, AREC's Secretary-General, Mohammed Taani, said the forum will discuss over three...
  • S. Korea, Arab nations to hold new round of FTA talks

    SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul's trade ministry said Sunday. South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free...
  • Forum to discuss state of translation in Arab world at Cairo varsity

    Riyadh, Saudi Arabia--The 10th Scientific Forum of translation themed “Time Differences between Composition and Translation in the Arab World” will begin tomorrow at Cairo University. The forum is being held on the occasion of the awarding ceremony of the King Abdullah bin Abdulaziz International Prize for Translation. It aims to...
  • Qatar denounce ‘smear campaigns’ against its human rights record

    European newspapers and rights groups have put a spotlight on Qatar's record in the runup to the tournament that starts November 20 and is expected to attract more than one million fans.
  • After long renovation, Qatar reopens Museum of Islamic Art

    Looking to showcase Islamic culture and art and history, Qatar has unveiled its landmark Museum of Islamic Art after an 18-month renovation ahead of the World Cup. The five-story building has redesigned its collections, with some two-thirds of the thousand exhibits new to the museum.
  • Qatar wealthiest, UAE happiest in Arab world

    The world's richest countries have the highest happiness scores, which probably explains why Lebanon, facing its worst-ever economic crisis, ranks low in the MENA region.
  • Arab Parliament reelects Al-Asoumi as speaker for two years

    During the session, Jordanian MP Khalil Attia was elected as second deputy speaker of the parliament, Iraqi MP Shaalan Abdul-Jabbar Al-Karim as third deputy speaker, and Egyptian MP Alaa Abed as fourth deputy speaker.
  • UAE’s mobile internet fastest in Arab world

    According to the Digital Quality of Life Index by VPN provider Surfshark, Denmark has the best digital quality of life in the world.
  • Arab youth prefer UAE over home country to live, work

    Key attractions in the UAE include economy, secure environment, rewarding salary packages, a wide range of job opportunities, and the wise leadership, says a survey.
  • Arab democratization slides further in 2021

    Tunisia, the only democracy to remain a democracy after the Arab Spring, may turn authoritarian if a draft constitution published recently is approved.
  • UAE solar energy leader in Arab world

    Arab countries are constructing solar and wind energy plants with a total capacity of 73.4 gigatons, which is nearly five times the region's current renewable energy production.
  • Qatar private sector exports up 21 percent in second quarter: Chamber

    Qatar’s private sector exports during the second quarter of 2022 amounted to QAR 8.92 billion ($2.44 billion), a 21 percent growth on annual basis compared to QAR 7.73 billion in Q2-2021, said Qatar Chamber in its quarterly report. On a quarterly basis, it also surged 15.4 percent compared to QR...
  • UAE meets 42% of Japan’s crude oil needs in July

    Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries.
  • UAE Arab world’s best paymaster

    The lowest average monthly salary is paid in Sri Lanka (US$143.62) and the highest in Switzerland (US$6142.1), according to a latest survey.
  • New type of proton aurora around Mars observed by UAE mission

    Dubai, UAE: The Emirates Mars Mission, the first interplanetary exploration undertaken by an Arab nation, has made first observations of a new type of proton aurora around Mars. The spatially variable ‘patchy’ proton aurora potentially triggers new insights into unexpected behaviors in the Martian atmosphere, an official statement said. The...
  • UAE offers low-risk business climate

    Unstable political conditions in several Arab countries make them high- or extreme-risk places for businesses.
  • India’s Adani becomes world’s third-richest person

    The self-made billionaire has seen his net worth more than double to $137.4 billion in the last year, rising 20 spots on the index to now rank just behind Elon Musk and Jeff Bezos, Bloomberg News reported. Adani, 60, made his fortune in ports and commodities trading and now operates...
  • Qatar World Cup to start a day early to allow host play opening game

    The opening match is scheduled to be held at the 60,000-capacity Al Bayt stadium, one of seven new venues purpose-built for the tournament since Qatar was awarded the World Cup in 2010.
  • Dubai most transparent Arab real estate market

    The emirate was ranked 31st in the world on the Global Real Estate Transparency Index 2022, which is based on a global survey.
  • Egyptian pound plunges to near all-time low as inflation surge

    In late March, inflation-hit Egypt also devalued its currency, which lost around 18 percent of its value overnight.
  • Iraq seeks to boost relations with Algeria in multiple sectors

    Prime Minister Mustafa Al-Kadhimi affirmed Saturday Iraq aspires to strengthen the relations with Algeria in various fields. "PM Al-Kadhimi received the Minister of Foreign Affairs of the People's Democratic Republic of Algeria, Ramtane Lamamra, and the accompanying delegation," local media reported. They discussed bilateral relations between the two nations, including...
  • Global medical and recovery tourism worth $100bn annually: Official

    The revenues of the medical and recovery tourism, globally, is around $100 billion annually, said Bandar Al Fihaid, President of the Arab Tourism Organization (ATO). He noted the revenue is expected to double over the next 10 years, while saying the Arab tourists expenditure amounts to nearly $30 billion. It indicates...
  • Biden to focus on oil at summit with Arab leaders in Jeddah

    US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia, the final stop of his Middle East tour. The meeting in Jeddah will bring together leaders of the six-member Gulf Cooperation Council as well as Egypt, Jordan and...
  • Qatari private exports value surge by 46 percent in Q1 2022

    Qatar Chamber (QC) said in its quarterly report that the export value of private sector in Q1 2022 hiked to QAR 7.7 billion($2.11bn) with a 46 percent growth compared to QAR 5.3 bn($1.46bn) in Q1 2021. The report also mentioned the impact of the certificates of origin on the exports'...
  • Arab, Israeli countries deepen cooperation ahead of Biden visit

    The United States, Israel and four Arab countries agreed to closer cooperation and annual foreign ministers' meetings on Monday, two weeks before President Joe Biden's first visit to the Middle East.
  • Jordan’s FDI in 2021 reaches $622million, Arab region’s $53 billion

    The Foreign Direct Investment (FDI) in Jordan amounted to $622 million in 2021, constituting 1.2 percent of the Arab region's total FDI. The Arab Investment and Export Credit Guarantee Corporation (Dhaman) issued data Tuesday which confirmed this. The Arab region's FDI in 2021 went up by 42 percent to $53...
  • Abu Dhabi bourse records highest trading value in Arab markets: AMF

    Abu Dhabi Securities Exchange (ADX) recorded the highest increase in trading value among Arab financial markets in May 2022 at 292.64 percent while the Palestine Exchange topped the list in terms of trade volume increase, according to Arab Monetary Fund (AMF). The AMF noted in its monthly newsletter that covers...
  • Jordan’s Petra sees 86,000 visitors in May 2022

    The figures showed that 60,640 of the visitors were of foreign nationalities, while 25,670 were of Arab and Jordanian nationalities.
  • Jordan ranks first in Arab world on budget transparency survey

    Jordan ranked first in the Arab world and 32nd globally on the budget transparency, according to the Open Budget Survey (OBS) 2021, which was published by the International Budget Partnership. Jordan scored 61 out of 100, exceeding the global average of 45 out of 100, according to the International Budget...
  • Saudi presidency of ARADO Executive Council renewed for 2022-24

    The General Assembly of the Arab Administrative Development Organization (ARADO) renewed the presidency of Saudi Arabia for the organization's Executive Council for the period 2022-2024. The renewal came at ARADO's  57th session held on May 19, 2022, at the organization's headquarters in Cairo, where also the memberships of the UAE,...
  • Top film bodies part of Saudi contingent at Cannes Festival

    Saudi Arabia will participate in the 75th Cannes International Film Festival, which will be held during the period from 17 to 28 May, with a national pavilion supervised by the Film Commission. The Ministry of Investment, the Red Sea Film Festival, the Al-Ula Film, the King Abdulaziz Center for World...
  • TOP CEO

    TOP CEO 2022 Winners List: And the award goes to…

    The most transparent and credible business awards in the Arabian Gulf celebrate leaders of the stock market-listed companies in the region.
  • Arab women journalists brave war reporting challenges

    War journalism takes its toll on media persons, but the qualities that characterize women may paint their work with extraordinary colors, says Arizh Mukhammed, a reporter for Skynews and speaker at TOP CEO.
  • Arab nations at UN seek probe of killing of Al Jazeera reporter

    Arab countries at the United Nations called Wednesday for an independent, international probe into what they called the assassination of Al Jazeera journalist Shireen Abu Akleh, who was shot dead as she covered an Israeli army raid in the occupied West Bank.
  • 190k tourists visit Jordan during Eid al-Fitr, says official

    Jordan witnessed active tourist movement during the vacation, Ministry of Tourism and Antiquities spokesperson Ahmad al-Rifae said.
  • KSA converts its deposit with Central Bank of Mauritania into soft loan

    The move comes as an extension of the Kingdom’s continuous support for the people and government of the Islamic Republic of Mauritania.
  • Foreign Direct Investment into UAE reaches $20.7 billion in 2021

    UAE received $20.7 billion in Foreign Direct Investment in 2021, recording a 3.9 percent growth over 2020. The country’s FDI balance now stands at AED 630 billion ($171.6 billion) by the end of 2021, a 13.7 percent growth over 2020. Over the past ten years, FDI inflows into the country...
  • Yair Lapid says Iran wary of Israel’s alliance with Arab states

    The deepening alliance between Israel and several Arab states "intimidates and deters" Iran, Israel's Foreign Minister Yair Lapid said Monday as he hosted an unprecedented meeting with four Arab foreign ministers.
  • Qatar blasts Netherlands coach for World Cup criticism

    Qatar's top World Cup organizer has hit back at Louis van Gaal for criticizing the decision to hold the event in the Gulf state, saying the Netherlands coach has failed to understand the Arab world's passion for football. Many journalists and officials will be in the state on April 1...
  • Iran FM welcomes Arab-Syria normalization efforts

    Iran's top diplomat on Wednesday welcomed efforts to "normalize relations" between some Arab countries and Syria, days after President Bashar al-Assad made a surprise visit to the UAE. Foreign Minister Hossein Amir-Abdollahian made the remarks on a visit to Damascus during which he met Assad.