Arab Parliament condemns Israeli West Bank annexation statements
Cairo, Egypt -- Mohammed bin Ahmed Al Yamahi, President of the Arab Parliament, has strongly condemned and rejected the dangerous...
Geostrategy
Iran ends cooperation with UN nuclear watchdog after Israel, US strikes
It came after last month's 12-day conflict between Iran and Israel, which saw unprecedented Israeli and US strikes on Iran's...
Geostrategy
Science
From ‘child of war’ to two-term WHO chief
Tedros Adhanom Ghebreyesus, the first African to head the WHO, was re-elected on Tuesday, tearfully accepting a second term as...
- The UN health agency did not provide a breakdown, but sources in the room said he had received 155 of the 160 votes cast
- The 57-year-old malaria expert has also increasingly been sounding the alarm over the heavy toll that conflicts like the war in Ukraine are taking on global health
Geostrategy
US warns Turkey against new Syria offensive
The United States on Tuesday warned Turkey against launching a new military operation in northern Syria, saying the uneasy NATO...
- "We are deeply concerned about reports and discussions of potential increased military activity in northern Syria," State Department spokesman Ned Price told reporters
- Turkey has launched three offensives into Syria since 2016 aimed at crushing Syrian Kurdish fighters who assisted the US-led campaign against the Islamic State group
Business
WHO members agree to overhaul health body’s funding
Shaken by the pandemic, the World Health Organization's member states agreed Tuesday to overhaul how they fund the UN health...
- The change will give the WHO a more stable income stream and control over a much bigger portion of the funding flowing through its Geneva headquarters
- Tedros, who was re-elected earlier Tuesday, has made overhauling the agency's finances a key plank of his leadership
Business
Tokyo stocks open lower after US stocks slide
Tokyo stocks opened lower on Wednesday after US stocks mostly retreated on concerns about growth following a profit warning from...
- The dollar fetched 126.68 yen in early Asian trade, against 126.86 yen in New York on Tuesday
- Sony Group dropped 1.19 percent to 11,235 yen, Hitachi fell 1.22 percent to 6,545 yen, and Fujitsu was off 1.45 percent at 19,330 yen
Geostrategy
Aggrieved workers drop lawsuit against Bangladeshi Nobel laureate
More than 100 lawsuits had been filed against GT by workers, along with three contempt-of-court charges against Yunus and another...
- Grameen Telecom (GT) and its senior managers were sued by workers who claimed the company had unfairly deprived them of profit shares.
- Lawyers for GT proposed the settlement after workers lodged an application to dissolve the company in the country's High Court.
Business
UAE firm inks airport deal as Afghanistan eyes international flights
A United Arab Emirates company signed a contract with the Taliban authorities Tuesday to provide ground handling services at Afghanistan's...
- UAE firm GAAC, which was previously operating in Afghanistan, signed a new 18-month contract covering three airports: Kabul, Kandahar and Herat.
- GAAC has provided ground handling services at Kabul airport since November 2020, and played a key role in rehabilitating the facility in August.
Economy
To use rather than collect, the second coming of Non-Fungible Tokens
The non-fungible token (NFT) craze, just over a year old, has given the world works that have sold for millions...
- Tens of billions of dollars have been poured into digital assets market, while also provoking discussions about how they could be useful in the real world.
- Regardless, NFTs, in conjunction with growing interest in the metaverse and a decentralized vision for the internet's future, dubbed web3, are part of building wave of growth.
Business
TikTok lets creators charge monthly subscriptions
TikTok on Monday said it will start letting some popular accounts at the video-snippet streaming star charge subscriptions for live...
- "LIVE Subscription is an extension of our efforts to build diversified creator monetization opportunities that suit a range of creator needs," TikTok said in a blog post
- TikTok said the subscription feature being introduced this week will only be available to creators by invitation for now
Young Lebanese voters shake grip of traditional parties
The Iran-backed Shiite Hezbollah group and its allies fell just short of the 65 seats needed to control the 128-seat...
- The Iran-backed Shiite Hezbollah group and its allies fell just short of the 65 seats needed to control the 128-seat parliament
- Lebanon shares power among its 18 recognised religious communities, and politics are often treated as a family business
Economy
Iconic Iran river threatened by droughts, diversions
Iran, like other nearby countries, has suffered chronic dry spells and heat waves for years.
- Iran, like other nearby countries, has suffered chronic dry spells and heat waves for years
- The reduced flow of the Zayandeh Rood is also man-made because much of its water has been diverted to supply neighbouring Yazd province.
Most Read
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
Arab Parliament condemns Israeli West Bank annexation statements
Cairo, Egypt -- Mohammed bin Ahmed Al Yamahi, President of the Arab Parliament, has strongly condemned and rejected the dangerous...
Geostrategy
Company News
Latest News
Japan’s Riken Yamamoto wins Pritzker prize for architecture
New York, United States -- Japanese architect Riken Yamamoto was awarded the Pritzker prize for architecture on Tuesday, the organizers said...
Arts & Culture
Asian markets mostly down as China sets 5 percent growth goal
Hong Kong, China - Asian markets largely fell on Tuesday after China set an ambitious five percent annual growth target and...
Business
Tesla stops production at German plant after suspected arson attack
Michael Stuebgen, interior minister for Brandenburg state, said that "if initial findings are confirmed, this is a perfidious attack on...
Geostrategy
Most Read
Business
Now more accessible, Bitcoin strikes record high above $69,000
Bitcoin has enjoyed an unbridled rise since the approval of a new type of investment indexed to the cryptocurrency. Since...
- The expected approval of the new investment product had contributed in recent months to a rise in its price.
- The industry sees the entrance of ETFs on the US market as proof of the growing interest from institutional investors in cryptocurrencies.
Food dispatch app Uber Eats launches robot deliveries in Tokyo
Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they...
- Starting Wednesday, robot deliveries will be offered in a small area of the city by the US-based food app, which hopes to eventually roll out the service more widely in Japan
- Japan changed traffic laws last year to allow delivery robots on public streets and other companies including Panasonic are also trialing cute new machines to transport goods
Geostrategy
Houthis attack ship listed as ‘Israeli-affiliated’ off Yemen
Yemen's Houthi rebels, who since November have fired drones and missiles at numerous ships in the Red Sea area vital...
- The UKMTO reported an incident in a similar location at 91 nautical miles southeast of Aden
- The British agency said the ship's master had reported two explosions