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...
Economy
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...
Geostrategy
Economy
“New Suez Canal on rails”: Egypt high-speed trains to connect Red Sea, Mediterranean
Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
- The Green Line, as it is known, is the latest of a long list of megaprojects undertaken by El-Sisi's government in the past decade
- The Green Line will run across the country's north, from Ain Sokhna on the Red Sea to Marsa Matrouh on the Mediterranean
Geostrategy
Gazans fear renewed displacement after Israeli strikes
Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...
- Earlier this month, Israeli army chief Lieutenant General Eyal Zamir described the Yellow Line as the "new border line" with Israel.
- For Palestinian officials, the line is seen as a tool for permanent displacement.
Business
Kuwait signs $4.1 billion deal with China to build port
Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
- Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah project would "enhance Kuwait's share in the regional and international trade and global supply chain".
- Chinese acting charge d'affaires Liu Xiang said the deal "constitutes participation in the 'belt and road' initiative".
Geostrategy
Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides
Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...
- Bennet's remarks followed a report which purportedly revealed conversations between Netanyahu's advisers in connection with the case
- In April 2025, Netanyahu declared that Qatar was "not an enemy" of Israel, defending his two advisers who had been taken into custody
Business
Tech stocks lead Wall Street higher, gold hits fresh record
Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
- Gold, which benefits from expectations of lower US interest rates, hit a fresh record of $4,442.19, while silver also struck a new peak.
- The precious metals, which are go-to assets in times of crisis, also benefited from geopolitical worries as Washington steps up its oil blockade against Venezuela.
Business
Billionaire Ellison offers personal guarantee for son’s Warner Bros bid
Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile...
- Netflix shocked the industry December 5 by announcing it had sealed an agreement to buy the film and television studio and HBO Max streaming business for nearly $83bn.
- Three days later, Paramount launched an all-cash tender offer valuing the entertainment giant at $108.4 billion.
Economy
Pressure on Morocco to deliver as Africa Cup of Nations kicks off
Morocco carry a huge weight of expectation into their opening game at the Africa Cup of Nations on Sunday as...
- Senegal, Ivory Coast, Mohamed Salah's Egypt and a Nigeria side led by Victor Osimhen are the biggest rivals for Morocco at the AFCON
- Morocco, Africa's best team in the FIFA rankings in 11th place, kick off the tournament on Sunday against minnows Comoros
Geostrategy
As diplomats gather in Miami, Kremlin denies three-way US-Ukraine-Russia talks in preparation
The Kremlin on Sunday denied that three-way talks between Ukraine, Russia and the United States were on the cards, as...
- Russian envoy Kirill Dmitriev arrived in Miami, where Ukrainian and European teams have also been gathering for the negotiations
- The top Kremlin aide also told Russian journalists Sunday that he had "not seen" the revised US proposal to end the conflict
Geostrategy
Israel’s security cabinet approves 19 new settlements in West Bank, a move to scuttle ‘a Palestinian state’
The decision brings the total number of settlements approved over the past three years to 69, according to a statement...
- The latest approvals come days after the UN said the expansion of Israeli settlements in the West Bank had reached its highest level since at least 2017.
- Excluding east Jerusalem, which was occupied and annexed by Israel in 1967, more than 500,000 Israelis live in the West Bank.
Geostrategy
Macron meets UAE leaders to deepen strategic partnership, discuss defense, AI, trade and drug trafficking
Macron is due to meet with UAE President Mohamed bin Zayed Al Nahyan to discuss "strengthening the strategic partnership" between...
- The French president traditionally celebrates the end-of-year holidays with troops deployed abroad, of whom there are more than 900 in the UAE.
- France cooperates with the UAE on areas including artificial intelligence and trade, and now wants to secure the Gulf state's support in its war on drug trafficking.
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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...
Economy
Company News
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Yemen presidential council says Saudi coalition to lead all southern forces
The announcement comes a few days after Yemeni forces supported by Saudi Arabia recaptured large swathes of territory from the...
Geostrategy
AI toys look for bright side after troubled start
Las Vegas, United States -- Toy makers at the Consumer Electronics Show were adamant about being careful to ensure that...
Business
Palestinian VP meets diplomat expected to serve on Trump’s Gaza peace board
Palestinian vice president Hussein al-Sheikh met on Friday with former UN Middle East envoy Nickolay Mladenov, who is expected to...
Geostrategy
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Geostrategy
Defiant Khamenei insists ‘won’t back down’ in face of growing Iran protests
Iran's supreme leader Ayatollah Ali Khamenei on Friday insisted the Islamic republic would "not back down" in the face of...
- The demonstrations represent one of the biggest challenges yet to the Islamic republic in its over four-and-a-half decades of existence
- But Khamenei struck a defiant tone in his first comments on the escalating protests since January 3, calling the demonstrators "vandals"
Geostrategy
Israel president meets diplomat expected to serve on Trump’s Gaza peace board
Israel's President Isaac Herzog on Thursday met with former UN Middle East envoy Nickolay Mladenov, whom media reports say is...
- A spokesman from Herzog's office said the president met with Mladenov on Thursday, without providing further details
- The Times of Israel reported that Mladenov was expected to meet Israeli Prime Minister Benjamin Netanyahu later on Thursday
Geostrategy
US could run Venezuela, tap its oil for years, Trump says less than a week after toppling Maduro
The United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an...
- Venezuela's state oil firm PDVSA said it was discussing oil sales with the United States for the "sale of volumes of oil"
- Trump and his advisors are considering a plan for the US to exert control over PDVSA, the Wall Street Journal reported