NEW YORK, US -  Cancun will host the WTA Finals October 29-November 5, the WTA announced on Thursday. The Mexican resort would stage the season ending tournament after reports that Saudi Arabia was front-runner to land the event. The WTA said in a statement that officials "weighed a number of competitive...

Arm is a world leader in designing chips that are used in smartphones.

Mixed Martial Arts became popular in the kingdom since 2014, when it hosted the regional Desert Force competition.

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support civilians affected by the crisis in Sudan, including roughly 14 million children. Ted Chaiban, Deputy Executive Director for Humanitarian Action and Supply Operations at the UN children’s agency (UNICEF), and...

New York, US - Wall Street stocks edged higher early Monday ahead of major economic reports and earnings releases later in the week, including from Apple and Amazon. After a strong first half of 2023, US equities have continued to trend higher in July behind hopes that the Federal Reserve will...

Profits fell on lower refining margins, natural gas prices.

Revenues were recorded at $44.7 billion, up 25 percent.

New York, US--Saudi Arabia and Bahrain are looking to collaborate in order to speed up the sustainable development goals, aligning them with government programs under the 2030 Agenda. In this connection, discussion took place at a joint meeting between Amna bint Ahmed Al Romaihi, Minister of Housing and Urban Planning, Noor bint Ali Alkhulaif, Minister of...

NEW YORK, US – In the last three years, poverty rates in low-and lower-middle-income countries have surged, with the number of additional individuals living on less than $3.65-a-day reaching 165 million by 2023, said a United Nations Development Program (UNDP) in a new policy brief. According to the policy brief...

Results of large US banks released underscored the boon from higher interest rates, as executives described the world's biggest economy as "resilient" but facing risks. JPMorgan Chase, Citi and Wells Fargo all enjoyed the benefits of being able to charge higher rates on loans, while not suffering much from elevated...

ExxonMobil will acquire Denbury for $4.9 billion.

New York, United States - Wall Street stocks mostly rose early Tuesday amid signs of greater broadening in the equity market beyond technology. Briefing.com analyst Patrick O'Hare pointed to greater momentum for industrials and other "cyclical" sectors tied to economic growth "suggesting that there was a rotation of money within the...

NEW YORK, US- Advisor to the UAE Minister of Foreign Affairs Salem Al Zaabi called on the international community to address the root causes of intolerance and extremism, including countering disinformation on the internet and social media. Al Zaabi, who led the UAE’s delegation to the biennial United Nations Counter-Terrorism...

New York, US--The Arab Group has welcomed the adoption by the UN General Assembly by consensus of a resolution on continuing intergovernmental negotiations on reforming the UN Security Council  during the next session. The step will allow member states to continue working collectively, in order to formulate a common understanding...

Wall Street rises as US consumer inflation moderates.

The US-based electric vehicle startup also files for bankruptcy.

NEW YORK, US - Kuwait Ministry of Foreign Affairs and the United Nations signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation in countering terrorism and exchanging experiences. "The memorandum will enhance cooperation, exchange of experiences, training of youth and those concerned with the country in combating terrorism, and...

Musk, one of the world's richest men, said that Modi was "pushing us to make significant investments in India, which is something that we intend to do, and are trying to figure out the right timing".

Albany, New York-- The UAE has reiterated its resolve to strengthen economic and cultural ties with New York and the US as both countries seek to advance the transition to clean energy. The renewal of the commitment was made during a visit by Amna Binzaal Almheiri, UAE Consul General in...

Billionaire investor George Soros had handed over control of his US$25 billion empire to his younger son Alexander Soros - aka Alex. There were doubts in the market that George Soros, who is 92, will ever give up control in his lifetime, according to a report published in the Wall...

NEW YORK,  US - Minister of State Khalifa Shaheen Al Marar chaired the first signature event of the UAE’s United Nations Security Council presidency. The UAE minister stressed on strengthening cooperation between the UN and the League of Arab States to further peace, security and stability in the region. Al...

NEW YORK, US -  US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities exchange venue exposed investors to risk. The complaint comes on the heels of Securities and Exchange Commission (SEC) charges filed on Monday against cryptocurrency exchange Binance and founder Changpeng Zhao...

NEW YORK, US -  United Nations chief Antonio Guterres said he was "shocked" by a letter from Sudanese army chief Abdel Fattah al-Burhan, reportedly requesting the replacement of special envoy Volker Perthes amid a brutal war with paramilitaries. Guterres "is proud of the work done by Volker Perthes and reaffirms his full confidence...

New York, USA - Mariam bint Mohammed Almheiri, the UAE Minister of Climate Change and the Environment, has called for urgent global action to tackle food insecurity and climate change at Security Council sessions at the United Nations headquarters in New York, USA. The minister also discussed key related topics...

Two thirds of Walmart sales originate from US.

Dubai, UAE – A roadshow led by the Abu Dhabi Securities Exchange (ADX) in collaboration with JP Morgan in New York has highlighted investment opportunities in UAE’s capital markets following the strong performance of the exchange’s equity benchmarks last year. The two-day show attracted major institutional investors in the US...

The airline's revenues were $12.2 billion, up 37 percent.

Boeing's loss in the first quarter of 2022 was $1.2 billion.

NEW YORK, US - UAE Minister of State Khalifa Shaheen Al Marar urged United Nations Security Council members to peacefully resolve conflicts by promoting dialogue and cooperation between states. Al Marar said at the UNSC,  "Our sustained commitment to effective multilateralism, grounded in international law and the principles of the...

Coca-Cola's profits came in at $3.1 billion, up 12% from 2022.

The firm was a regular on the Fortune 500 list of biggest American companies.

NEW YORK, US -  UN Secretary-General António Guterres issued a statement calling for urgent action to protect the environment and combat climate change on the occasion of International Mother Earth Day. Guterres highlighted the crucial relationship between humanity and the natural world, stating that our health and survival depend on...

JPMorgan Chase reported a rise in first-quarter profits alongside banking giants Citigroup and Wells Fargo. The first look at the sector - since the collapse of Silicon Valley Bank and two other banks - showed the industry is benefiting from the Federal Reserve's shift towards higher interest rates and from...

US consumer inflation slowed in March lessening the pressure on the Federal Reserve to maintain its aggressive posture to cool the economy. The rate of inflation year-over-year fell to 5.0 percent last month from 6.0 percent in February, the smallest 12-month increase since May 2021, as per the Bureau of...

Amid tight security in New York City, the 76-year-old former president will make an unprecedented appearance before a New York judge on Tuesday to answer criminal charges that threaten to throw the 2024 White House race into turmoil. He is the first sitting or former American president to be criminally...

On Sunday, his attorney Joe Tacopina bluntly dismissed the anticipated charges -- related to a hush-money payment to an adult film star in 2016 -- as "some twilight zone sort of scenario" in an "upside down world."

NEW YORK, US - The United Nations Security Council Friday unanimously adopted two resolutions tabled by the UAE and Japan about Afghanistan. The first resolution will extend the mandate of the United Nations Assistance Mission in Afghanistan (UNAMA) for an additional 12 months, enabling it to continue its work on...

Signature Bank was reeling from a bet on crypto banking that foundered after the sector imploded and banking regulators cracked down on lenders’ exposure to digital assets. The bank raced to find a buyer or another solution to shore up its finances before Monday morning, but failed to get a...

NEW YORK, US -  Minister of Industry and Advanced Technology and COP28 President-Designate Dr. Sultan bin Ahmed Al Jaber met UN Secretary General António Guterres and underscored  the UAE’s commitment of deepening cooperation with the world body on climate action. Guterres expressed his deep appreciation for the cooperation of the...

The deal described by many as historic is seen as key to conserving 30 percent of the world's land and ocean by 2030, as agreed by world governments in a historic accord signed in Montreal in December. Eventually, following two weeks of intense talks, delegates finalized a text that now...

NEW YORK, US - Governments agreed on a way forward to update disease outbreak regulations ahead of meetings to draft new global guidelines for tackling pandemics, the World Health Organization (WHO) said. According to United Nations News Center, the two processes are complementary. They are guided by the need of...

Washington, United States--The United States has returned 77 looted antiquities to Yemen, US authorities said Tuesday, adding the objects would be housed "temporarily" in a museum in Washington in line with an agreement with the war-torn country's government. The pieces are "64 relief carved stone heads, 11 Quran manuscript pages, a...

The council stressed that the continuation of Israeli settlement activity endangers the principle of the two-state solution.

If the deal is sealed, it would be gold sector's largest acquisition.

The United Arab Emirates, France and India have issued a joint statement announcing the establishment of a trilateral cooperation initiative and the roadmap to begin its implementation. In the statement the three countries said the initiative will promote the design and execution of cooperation projects in various fields, including energy...

NEW YORK, US - On the occasion of the International Day of Human Fraternity, the UN chief Saturday called for renewed commitment to forge an "alliance of peace" amid a surge in hate speech, sectarianism and strife. The International Day of Human Fraternity celebrates values that "are the glue that...

Results reflect higher production of oil, natural gas.

Firm confirmed its 2023 outlook amid strong aviation demand.

Google's parent company Alphabet announced about 12,000 job cuts globally citing a changing "economic reality", becoming the latest US tech giant to enact large-scale restructuring. The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Facebook owner...

Etihad Cargo currently operates 11 flights per week to John F. Kennedy International Airport, which will increase to 14 weekly flights.