Updates: President Biden says ‘discussing’ possible Israeli strikes on Iran oil facilities
Oil prices shoot up as Biden suggests that Israel might target Iranian oil facilities, while GCC Arab states, including Qatar, Saudi Arabia, and the UAE, reassure Iran of neutrality in the conflict between Tehran and Israel.
geopolitics
‘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.
