• Ship attacked by missiles off Yemen coast: UK agency
    In the first attack "the vessel experienced an explosion in close proximity to the vessel which was felt by the crew on board", UKMTO said on X, formerly Twitter. "The second attack on the vessel consisted of what is believed to be two missiles, which resulted in damage," it added.

    There was no immediate claim of responsibility for the attacks, which the United Kingdom Maritime Trade Operations said took place southwest of the Yemeni port of Mokha.

    The latest incidents follow a lull in attacks by Yemen's Iran-backed Houthi rebels, who have launched dozens of missile and drone strikes targeting shipping since November

  • 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

  • Saudi Arabia to host top Arab, EU diplomats for Gaza talks: officials
    The two-day World Economic Forum special meeting, scheduled to begin in Riyadh on Sunday, includes in its official program appearances by the Saudi, Jordanian, Egyptian and Turkish foreign ministers. A Gaza-focused session is set to feature newly appointed Palestinian prime minister Mohammed Mustafa among others.
  • Geopolitical unrest generates an onslaught of DDoS attacks
    NETSCOUT SYSTEMS, INC. released findings from its 2H2023 DDoS Threat Intelligence Report that dissects trends and attack methodologies adversaries use against service providers, enterprises, and end-users. The information cited in the report disseminated data on DDoS attacks from 214 countries and territories.  NETSCOUT observed more than 7 million DDoS attacks in H2 of 2023, representing...

    Hacktivist Groups increase activity globally

    Over 7 million DDoS attacks in H2 2023

  • Ahead of feared Rafah invasion, Palestinians mourn bombardment dead
    Israeli government spokesman David Mencer said Israel's war cabinet was meeting Thursday "to discuss how to destroy the last battalions of Hamas". Several Israeli media outlets, citing unnamed officials, said the cabinet discussed a new plan for a truce and hostage release, ahead of a visit planned for Friday by an Egyptian delegation.
  • Saudi oil giant Aramco agrees major FIFA sponsorship deal
    The deal involves sponsorship rights for multiple events including the 2026 Men's World Cup and the Women's World Cup the following year. "We are delighted to welcome Aramco to FIFA's family of global partners," FIFA president Gianni Infantino said in a joint statement released by the energy company.

    The deal is the latest high-profile investment in global sports for Saudi Arabia who have already been confirmed as the only bid for the 2034 World Cup.

    In a joint statement it was confirmed Aramco would become FIFA's Major Worldwide Partner exclusive in the energy category.

  • 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
  • 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...
  • 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
  • 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.

    The Israeli army said Hizbollah "has established dozens of terror means and infrastructures in the area" to attack Israel

    Cross-border exchanges of fire have flared between the Israeli army and Hizbollah since Hamas's October 7 attack on Israel triggered war in Gaza

  • 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
  • "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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