Jobs and investment top MENA expectations from multinational firms, Ipsos finds
As geopolitical turbulence grows, companies are increasingly at the mercy of forces beyond corporate leadership’s control.
Economy
Iran says defence capabilities ‘never’ up for negotiation as US seeks end to nuclear enrichment
Iran's top diplomat said Friday that his country's missile and defence capabilities would "never" be on the negotiating table, as US...
Geostrategy
Geostrategy
Trump says ‘time running out’ as Iran threatens response to any attack “like never before”
In his latest post on Truth Social, Trump did not mention the protests but said Iran needed to negotiate a...
- A US naval strike group that Trump described as an "armada" led by aircraft carrier the USS Abraham Lincoln is now lurking in Middle East waters
- In his latest post on Truth Social, Trump said Iran needed to negotiate a deal over its nuclear programme, which the West believes is aimed at making an atomic bomb
Geostrategy
Hamas tells AFP ready to transfer Gaza governance to Palestinian committee
"Protocols are prepared, files are complete, and committees are in place to oversee the handover, ensuring a complete transfer of...
- The 15-member National Committee for the Administration of Gaza (NCAG) is a team of Palestinian technocrats created as part of the US-sponsored ceasefire agreement.
- It is charged with managing the day-to-day governance of post-war Gaza and will work under the supervision of the "Board of Peace", which US President Donald Trump will chair.
Geostrategy
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...
- Washington has not ruled out new military intervention against Tehran over its crackdown on protests, which according to rights groups saw thousands of people killed within days
- A strike group led by the USS Abraham Lincoln has now arrived in Middle Eastern waters, US Central Command said, without revealing its precise location
Geostrategy
Jury selection begins in landmark social media addiction trial
Los Angeles, United States -- Jury selection begins Tuesday for a landmark trial that could establish a legal precedent on...
- Defendants in the suit are Alphabet, ByteDance and Meta, the tech titans behind YouTube, TikTok and Instagram.
- Meta co-founder and Chief Executive Mark Zuckerberg is slated to be called as a witness during the trial.
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.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Jobs and investment top MENA expectations from multinational firms, Ipsos finds
As geopolitical turbulence grows, companies are increasingly at the mercy of forces beyond corporate leadership’s control.
Economy
Company News
Latest News
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,...
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
Jury selection begins in landmark social media addiction trial
Los Angeles, United States -- Jury selection begins Tuesday for a landmark trial that could establish a legal precedent on...
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,...
Geostrategy
Most Read
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