Mamdani confirmed as Democratic candidate for New York mayor
Rising star of the American left Zohran Mamdani is now officially the Democratic candidate for mayor of New York City,...
Geostrategy
Meta’s AI talent war raises questions about strategy
New York, United States -- Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates...
Business
Geostrategy
Sheikh Khalifa, who helped UAE boom despite crises
The country will observe a 40-day state mourning with the flag flown at half-mast starting today, the ministry announced, adding...
- The leader ushered in the UAE's first-ever elections in December 2006, when electoral colleges chose half of the 40 members of an advisory Federal National Council.
- And in a historic first, the Gulf country in 2015 sent ground troops to Yemen as part of a Saudi-led coalition against Iran-backed Houthi rebels.
UAE President Sheikh Khalifa passes away at 73
The UAE has announced 40 days of mourning with flags at half-mast from Friday, with work suspended in the public...
- "The Ministry of Presidential Affairs condoles the people of the UAE and the Islamic world... on the passing of Sheikh Khalifa bin Zayed Al-Nahyan on Friday, May 13"
- Sheikh Khalifa took over as the UAE's second president in November 2004, succeeding his father as the 16th ruler of Abu Dhabi
Business
Emirates posts $1.1 billion annual loss despite $954million capital injection
Losses came in at 3.9 billion dirhams ($1.1 billion) in the 2021-2022 financial year to March, with revenues up 91...
- The carrier said it received a capital injection of $954 million from its owner, the government of Dubai, to help it survive the crisis.
- Over the fiscal year, Emirates carried 19.6 million passengers, up by 197 percent from the same period the previous year.
Business
Twitter executives exit, hirings halt
Kayvon Beykpour, a general manager, said he was ousted from the company.
- Musk's $44-billion deal to buy Twitter was announced last month but still needs the backing of shareholders and regulators.
- Musk's endorsement of a Trump return triggered fears among activists that Musk would "open the floodgates of hate."
Geostrategy
Tunisian president rejects foreign election observers
Saied in July last year sacked the government and suspended parliament, prompting fears for democratic gains a decade after Tunisia’s...
- Saied in July last year sacked the government prompting fears for democratic gains a decade after Tunisia’s revolution which sparked the Arab Spring uprisings
- He has since taken control of the judiciary and on April 22 gave himself powers to name three out of seven members of the electoral commission, including its chief
Geostrategy
Finland poised for NATO membership as Ukraine war crimps Russian gas
Finland took a step Thursday towards fast-track NATO membership, triggering a blunt warning from the Kremlin, as the war in...
- Finland's leaders declared their nation must apply to join NATO "without delay" -- a seismic change in policy since Russia invaded its neighbour in February
- "As a member of NATO, Finland would strengthen the entire defence alliance," President Sauli Niinisto and Prime Minister Sanna Marin said in a joint statement
Economy
Russian embargo won’t result in global oil dearth : IEA
The IEA said "steadily rising" output from the United States and Middle Eastern members of the OPEC+ oil cartel will...
- The IEA had previously warned that Moscow's invasion of Ukraine could spark a global supply "shock".
- World oil demand growth, meanwhile, is forecast to slow to 1.9 million barrels per day in the second quarter.
Business
Tourism recovering, but not back to pre-pandemic levels
Global tourism is roaring back to life despite Covid travel headaches and the effects of the war in Ukraine, but...
- International tourist arrivals worldwide have more than doubled, up 130 percent in Jan 2022 on the same period last year, according to UN World Tourism Organization data.
- In 2019, global tourism revenues reached $1.48 trillion. That figure dropped by almost two thirds due to the pandemic the following year.
Geostrategy
Arab nations at UN seek probe of killing of Al Jazeera reporter
Arab countries at the United Nations called Wednesday for an independent, international probe into what they called the assassination of...
- The demand for an independent international probe was contained in three identical letters send to the UN Secretary General
- The Qatar-based TV channel charged that Israeli forces deliberately and "in cold blood" shot Abu Akleh, 51, in the head
Business
Russian gas to Europe via Ukraine down by almost a third
Ukraine is a major supply route for Russian gas to Europe and the two sides have kept flows going even...
- Ukraine's pipeline operator GTSOU said that it was halting gas transport at the Sokhranivka transit point
- Germany said Wednesday that it saw a 25 percent drop in supplies of Russian gas flowing through Ukraine
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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
Mamdani confirmed as Democratic candidate for New York mayor
Rising star of the American left Zohran Mamdani is now officially the Democratic candidate for mayor of New York City,...
Geostrategy
Company News
Latest News
SpaceX launch taking crew to ISS delayed again by weather
Hours before Saturday night's scheduled launch, SpaceX posted on X that "elevated winds" forced the delay. It was the latest...
Science
Israelis take to streets to demand release of hostages
As the peaceful demonstration was underway in Jerusalem, a senior US official said a truce deal which may see hostages...
Geostrategy
Israel accepts ceasefire deal with Hamas: US official
A senior US official told reporters that the framework agreement envisages a six-week cessation of hostilities, which could begin immediately...
Geostrategy
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Geostrategy
Hamas team heads to Cairo for new truce talks
Palestinian Territories - A Hamas delegation was expected to fly to Cairo on Saturday for talks on a truce in...
- The source said the delegation would submit Hamas's "official answer" to a proposal thrashed out with Israeli negotiators in Paris late last month.
- A Hamas source told AFP that under the proposal, a truce would last for six weeks, with Hamas releasing 42 hostages in exchange for Palestinian prisoners.
Business
Apple’s changes contradicts European rules, 34 firms complain
Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...
- Companies have expressed doubts about how much Apple's changes would ultimately broaden consumer choice and digital competition.
- Apple in January announced it was modifying how its iOS operating system, Safari browser and App Store operate in the 27-nation EU.
Geostrategy
Conservatives tipped to win in Iranian elections as counting begins
Tehran, Iran - Iran began counting ballots on Saturday after a vote for parliament and a key clerical body, with local...
- State TV reported early Saturday the "start of vote counting" after polling stations closed at midnight.
- The present parliament is dominated by conservatives and ultra-conservatives