• Europe reverses course on interest rates, diverging from U.S. Fed policies
    For much of the past two years, policymakers on both sides of the Atlantic raised interest rates aggressively to fight a surge in prices, and, since last summer, they have left rates high as they assess whether inflation is under control, according to the New York Times. European Central Bank policymakers are now emphasizing how...

    The IMF recommended that the ECB cut rates quarterly in quarter-point increments until September 2025

    Monetary policy in the GCC will remain tight, deterring some private sector investment

  • Audi’s sustainable Middle East luxury drive

    The Arab countries are experiencing a significant surge in the adoption of electric vehicles (EVs), particularly favoring premium models, says Rene Koneberg, MD Audi Middle East.
    Business
  • In times of recession, understanding motivations, meticulous planning, recognizing broader benefits, and prioritizing employee well-being are vital, says Nathan Farrugia, Managing Director of Vistage International.
    "Leadership teams must recognize that the livelihoods of their employees' families hinge on the stability of the business. Understanding that the survival of the business goes beyond mere profitability can serve as a powerful motivator" he adds.
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  • Nathan Farrugia

  •
    Israel says forces carrying out ‘offensive action’ in south Lebanon
    Israeli forces are carrying out "offensive action" across southern Lebanon, Defence Minister Yoav Gallant said Wednesday without specifying whether ground troops had crossed the border. He also claimed that "half of Hizbollah's commanders in southern Lebanon have been eliminated" in months of violence.
  • Israel pummels Gaza after US approves military aid
    US-Israeli relations been strained by Israel's conduct of the war in Gaza and Israeli Prime Minister Benjamin Netanyahu's determination to send troops into the southern Gazan city of Rafah, where 1.5 million people are sheltering, many in makeshift encampments. Fears are rising that Israel will soon launch an assault on Rafah, which aid groups warn...

    Media reports said Israel was planning to move civilians from Rafah to nearby Khan Yunis over a period of two to three weeks.

    Israeli assault has left much of Gaza's medical system in ruins, with medics struggling to treat both casualties of the war and people with pre-existing conditions.

  •
    Israel thanks US Senate for approving military aid
    Israel's foreign minister on Wednesday thanked the US Senate for approving $13 billion in military aid that he said sent a "strong message" to the country's enemies. "I thank the US Senate for passing the Israel aid package tonight with an overwhelming bipartisan majority," Israel Katz posted on social media site X shortly after the...
  • Lebanon’s Hizbollah launched ‘dozens’ of rockets at Israel after civilian deaths
    Hizbollah fighters fired "dozens of Katyusha rockets" at northern Israel "as part of the response to the Israeli enemy's attacks on... civilian homes, specifically the horrific massacre in Hanin and the killing and injuring of civilians," the group said in a statement.

    The Iran-backed Hizbollah group and Israel have exchanged regular fire in the south of Lebanon since October

    Hizbollah said it launched "a combined air attack using decoy and explosive drones that targeted" two Israeli bases north of Acre

  •

    Meet Middle East tourism’s power players

    Tourism industry accounts for 9 percent of GCC region's GDP and it is expected to grow annually at 7.7 percent. Trends looks at some of the influential industry players driving this growth.
    Business
  •
    Tunisia, Algeria, Libya hold ‘advisory’ meeting to create new regional coalition
    The meeting was decided on by Algerian President Abdelmajid Tebboune, Libya's head of presidential council Mohamed Al-Menfi and Tunisian President Kais Saied when they met at an energy summit in Algeria last month. When the meeting was announced, Moroccan media outlets said it had been part of Algeria's aim to form a "Maghreb alliance" against...
  •

    30% productivity leap: Building the machinery of tomorrow

    By embracing digital tools, AI, and sustainable practices, companies can optimize production, redefine their role, and propel themselves towards a more productive and sustainable future, suggests Bain & Company's report.
    Business
  • Water, oil and security on agenda as Erdogan visits Iraq
    The Turkish leader met with Iraqi President Abdel Latif Rashid in Baghdad. He told Rashid that Turkey "had expectations of Iraq regarding the fight against the terrorist organization PKK, and that Iraq must be rid of all forms of terrorism", according to his office.

    The PKK (Kurdistan Workers Party), which has fought a decades-long insurgency against the Turkish state, has a presence in northern Iraq, as does the Turkish military.

    Also on the agenda is a $17 billion road and rail project known as the "Route of Development" which is expected to consolidate economic ties between the two neighbors.

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  • "Leadership teams must recognize that the livelihoods of their employees' families hinge on the stability of the business. Understanding that the survival of the business goes beyond...
    By Nathan Farrugia

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