Gold, silver prices tumble as investors soothed by Trump’s Fed pick
Gold and silver prices dived Friday, European stock markets ended the week up while Wall Street fell slightly with investors reassured...
Economy
Trump says Iran wants talks and ‘make a deal’ as US aircraft carrier deploys
A US naval strike force led by an aircraft carrier was in Middle Eastern waters on Tuesday as Iran vowed...
Geostrategy
Geostrategy
US deploys aircraft carrier as Iran warns against attack, says ready to hit back
A US naval strike group led by an aircraft carrier has deployed to Middle Eastern waters, the United States said Monday,...
- Iran's foreign ministry warned on Monday of a "comprehensive and regret-inducing response to any aggression".
- Rhe United Arab Emirates, which hosts a US airbase, said it would not allow attacks on Iran to be launched from its territory.
Economy
Qatar announces $430 mn in support for Lebanon
A visiting Qatari official on Monday announced a multi-million dollar aid package for Lebanon, primarily to support the country's crumbling...
- In a separate statement, the Qatar Development Fund said the package was valued at about $430 million, the majority of it to support the energy sector
- "The support includes a contribution of up to $400 million to support the energy sector," of which 10 percent would be allocated as a grant, it added
Business
Gold tops $5,000 for first time on Trump policy unrest
While turbulence over Trump's ambitions for Greenland and pressure on the Federal Reserve have provided the most recent support for...
- The precious metal's price has risen also owing to the wars in Ukraine and Gaza, as well as Washington's intervention in Venezuela.
- Gold demand by value jumped 44 percent year-on-year to a record $146 billion in the third quarter of last year, the World Gold Council has said in its latest report.
Geostrategy
Netanyahu, US envoys discuss opening Rafah crossing: Israeli media
US envoys Steve Witkoff and Jared Kushner urged Israeli Prime Minister Benjamin Netanyahu to reopen the Rafah crossing between Gaza and...
- Reopening Rafah forms part of a Gaza truce framework announced by Trump in October, but the crossing has remained closed
- Ali Shaath, appointed to head a committee of 15 Palestinian technocrats, said at the World Economic Forum that the gateway would reopen next week
Geostrategy
Next round of Russia, Ukraine talks to begin in Abu Dhabi on February 1: US official
A next round of trilateral talks between Ukraine, Russia and the US to halt the war will continue in Abu Dhabi...
- This was the first time the warring sides have talked about a plan being pushed by Trump to end the nearly four-year war
- Ukrainian and Russian delegations held their first direct talks in months in Abu Dhabi even as Russia launched a barrage of drones
Geostrategy
Saudi Arabia’s UAE ‘mudslinging’ threatens new Gulf crisis
The United Arab Emirates is "investing in chaos and supporting secessionists" from Libya to Yemen and the Horn of Africa,...
- The two neighbors are traditional allies with deeply intertwined economies, and the UAE's president, Sheikh Mohamed, was considered a mentor to Crown Prince Mohammed bin Salman.
- Now, commentators in Saudi Arabia accuse the UAE of growing too bold, backing forces at odds with Saudi interests in conflicts including Yemen, while also aligning with Israel.
Geostrategy
US pitches glitzy New Gaza rebuild at Davos, drawing outrage amid ongoing humanitarian crisis
Trump's son-in-law Jared Kushner said the so-called National Committee for the Administration of Gaza (NCAG) had enlisted help from Israeli...
- Kushner said the so-called National Committee for the Administration of Gaza (NCAG) had enlisted help from Israeli real estate developer Yakir Gabay
- Notably absent from Kushner's presentation was Egypt's President al-Sisi, whose country had spearheaded in 2025 a reconstruction plan for Gaza supported by Arab nations
Business
Saudi’s Humain secures $1.2 bn to expand AI, digital infrastructure
Riyadh, Saudi Arabia -- Saudi Arabia's Humain artificial intelligence company has secured up to $1.2 billion in financing to expand...
- The non-binding framework agreement with Saudi Arabia's National Infrastructure Fund outlines the development of up to 250 megawatts in data center capacity.
- Humain, backed by Saudi's nearly trillion-dollar sovereign wealth fund, launched last May as the world's biggest oil exporter bets on AI to help diversify its economy.
Geostrategy
Trump launches ‘Board of Peace’ at Davos after Greenland u-turn
A group of leaders and senior officials from 19 countries -- including Trump allies from Argentina and Hungary -- gathered...
- Trump -- who is the chairman of the Board of Peace -- said they were "in most cases very popular leaders, some cases not so popular. That's the way it goes in life."
- Originally meant to oversee peace in Gaza after the war between Hamas and Israel, the board's charter envisions a wider role in resolving international conflicts, sparking concerns
Geostrategy
Saudi Arabia, Qatar, six others accept Trump ‘Board of Peace’ invite: statement
Saudi Arabia and seven Muslim-majority countries including Gaza mediators Qatar and Turkey have agreed to join US President Donald Trump's "Board...
- Invites were sent to dozens of world leaders with a request for one billion dollars for a permanent seat on the board
- Although originally meant to oversee Gaza's rebuilding, the board's charter does not seem to limit its role to the Strip
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Gold, silver prices tumble as investors soothed by Trump’s Fed pick
Gold and silver prices dived Friday, European stock markets ended the week up while Wall Street fell slightly with investors reassured...
Economy
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Air India probe of Boeing 787 fuel control switches finds no issues
Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787...
Israeli airstrike kills five Palestinians in West Bank
Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...
Dubai roads, airport reel from floods after record rains
Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...
Heavy storms soak Gulf as Oman toll rises to 18
Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...
Number of journalists killed on job in 2023 declines despite Gaza: RSF
In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...
Gold tops $5,000 for first time on Trump policy unrest
While turbulence over Trump's ambitions for Greenland and pressure on the Federal Reserve have provided the most recent support for...
Business
Netanyahu, US envoys discuss opening Rafah crossing: Israeli media
US envoys Steve Witkoff and Jared Kushner urged Israeli Prime Minister Benjamin Netanyahu to reopen the Rafah crossing between Gaza and...
Geostrategy
Next round of Russia, Ukraine talks to begin in Abu Dhabi on February 1: US official
A next round of trilateral talks between Ukraine, Russia and the US to halt the war will continue in Abu Dhabi...
Geostrategy
Most Read
Geostrategy
US pitches glitzy New Gaza rebuild at Davos, drawing outrage amid ongoing humanitarian crisis
Trump's son-in-law Jared Kushner said the so-called National Committee for the Administration of Gaza (NCAG) had enlisted help from Israeli...
- Kushner said the so-called National Committee for the Administration of Gaza (NCAG) had enlisted help from Israeli real estate developer Yakir Gabay
- Notably absent from Kushner's presentation was Egypt's President al-Sisi, whose country had spearheaded in 2025 a reconstruction plan for Gaza supported by Arab nations
Business
Saudi’s Humain secures $1.2 bn to expand AI, digital infrastructure
Riyadh, Saudi Arabia -- Saudi Arabia's Humain artificial intelligence company has secured up to $1.2 billion in financing to expand...
- The non-binding framework agreement with Saudi Arabia's National Infrastructure Fund outlines the development of up to 250 megawatts in data center capacity.
- Humain, backed by Saudi's nearly trillion-dollar sovereign wealth fund, launched last May as the world's biggest oil exporter bets on AI to help diversify its economy.
Geostrategy
Trump launches ‘Board of Peace’ at Davos after Greenland u-turn
A group of leaders and senior officials from 19 countries -- including Trump allies from Argentina and Hungary -- gathered...
- Trump -- who is the chairman of the Board of Peace -- said they were "in most cases very popular leaders, some cases not so popular. That's the way it goes in life."
- Originally meant to oversee peace in Gaza after the war between Hamas and Israel, the board's charter envisions a wider role in resolving international conflicts, sparking concerns