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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.
  • Volkswagen to stop sale of combustion engines in EU by 2035

    The EU will unveil tougher 2030 CO2 emissions targets and regulatory proposals on July 14 The firm says it will take a little longer in South America and Africa due to the lack of infrastructure, political framework Volkswagen has said it plans to stop producing cars with internal combustion engines...
  • Europe-Gulf parliament talks soon, says top Kuwait lawmaker

    The talks expected to address 'matters of mutual concern'   The Palestinian cause is one of the key issues  Lawmakers from countries from the Gulf and Europe are slated to come together soon for talks in Kuwait that will address "matters of mutual concern," said local reports recently, quoting Kuwait’s National...
  • Insect pest eats into Lebanon’s ‘white gold’ pine nut trade

    Western conifer seed bug is believed to have reached Turkey from Europe in 2010 before entering Lebanon
  • Birla Carbon to raise rates in Europe, Middle East markets

    Hike to compensate additional costs in freight, logistics The company plans more measures to address CO2 emission costs Birla Carbon, a supplier of carbon black, is set to increase the price for all its products made in Europe, Middle East and Africa (EMEA) region by euro 97/MT starting from June...
  • GDPR: Europe entering a new era of data protection

    For weeks now, inboxes have been flooded with bizarre ensemble of companies and organizations reminding people of personal data and asking them to agree new terms of services. Enter the new year of data protection: the European Union’s General Data Protection Regulation (GDPR) is now here and will revolutionize how...
  • Competitiveness: UAE tops leading economies including Canada, Norway

    The UAE has outperformed various advanced economies such as Sweden, Norway and Canada when its comes to competitiveness and has jumped 21 ranks between the years 2011 and 2018, according to a latest report. According to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss-based Insatiate...