US Supreme Court curbs power of individual judges to block Trump
In a 6-3 ruling stemming from Trump's bid to end birthright citizenship, the court said nationwide injunctions issued by district...
Geostrategy
Spain PM Sanchez says Gaza in ‘catastrophic situation of genocide’
Spanish Prime Minister Pedro Sanchez on Thursday said Gaza was in a "catastrophic situation of genocide" and urged the European...
Geostrategy
Arts & Culture
Get this straight: Curls bounce back in Cairo
Natural curls were once looked down upon in Egypt, where Western beauty standards favored sleek, straight locks. Now, things are...
- In the early 2000s, Lebanese singer Myriam Fares was one of the first curly-haired icons in the Middle East.
- While the average monthly income in Egypt is 6,000 pounds ($325), a haircut at the Curly Studio can cost up to one-tenth of that.
Geostrategy
France urges cooperation with Algeria after Russia-Ukraine crisis
France and Algeria have been attempting to improve their ties after a diplomatic crisis.
- Algeria is a major exporter of natural gas, which covers over 11 percent of Europe's needs, compared to the 47 percent from Russia
- European countries have been trying to ramp up Algerian exports to reduce their reliance on Russia after it invades Ukraine
Geostrategy
Swiss prosecutors probe Libyan gasoil ‘looting’
"A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014...
- "A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014 and 2015," Swiss state prosecutors said
- In an investigation published in March 2020, the NGOs Public Eye and TRIAL International accused Swiss traders Kolmar Group of being linked to the allegations
Business
FBI accuses North Korea hackers of $620m cryptocurrency heist
The hack, which last month targeted players of the popular game Axie Infinity, was one of the biggest to hit...
- Axie Infinity is a game where players can earn cryptocurrency through game play or trading their avatars
- Last month's theft came just weeks after thieves made off with around $320 million in a similar attack
Geostrategy
Iran urges Iraq against hosting ‘disruptive security presence’
Iran president accused Iraq's Kurdistan region of "negligence", adding that Iran is closely monitoring the movements of Israel.
- Iran president accused Iraq's Kurdstan region of "negligence", adding that Iran is closely monitoring the movements of Israel.
- The Iranian president made the remarks in Tehran during a meeting with visiting Iraqi Foreign Minister Fuad Hussein
Geostrategy
Russian flagship sinks after Kyiv claims missile hit
Russia's Black Sea flagship sank on Thursday after an explosion and fire that Ukraine claimed was a successful missile strike,...
- "Given the choppy seas, the vessel sank," the Russian state news agency TASS quoted the ministry as saying
- On the Ukrainian side, Odessa military spokesman Sergey Bratchuk said the ship had been hit by domestic Neptune cruise missiles
Economy
Iraqis queue for fuel as stations protest government
Motorists in Iraq formed long queues for fuel Thursday after some owners of filling stations shut off their pumps to...
- Iraq is the second largest producer in the Organization of the Petroleum Exporting Countries.
- But the country, with a population of about 41 million, is also grappling with a major energy crisis
Business
Twitter board considers Elon Musk takeover bid
Twitter's board said it would carefully review what it termed Elon Musk's ‘unsolicited, non-binding’ offer and decide on a course...
- The proposal faces uncertainty on multiple fronts, including possible rejection and the challenge of assembling the cash
- Meanwhile, it could have wide-reaching impacts on the social media service if Musk manages to buy the platform
Economy
USA to ease limitations on E-15 gasoline sale as oil demand surges
In an effort to ease Americans' pain at the gas pump, President Joe Biden has announced his administration will ease...
- In 2011, the US Environmental Protection Agency approved the use of E15 following research on its pollution impact.
- According to the White House, at today's prices, E15 can save an average of 10 cents per gallon of gasoline.
Economy
Ecuador starts oil mining in protected area of Amazon rainforest
Current President Guillermo Lasso has plans to double Ecuador's oil production in spite of opposition from indigenous communities and environmentalists.
- Extraction of 3,600 barrels per day started in the Ishpingo oil field, one of the three oil fields containing more than 40 percent of country's crude.
- The three fields together hold over 1 billion of former OPEC member Ecuador's 4 billion barrels of proven oil reserves.
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
US Supreme Court curbs power of individual judges to block Trump
In a 6-3 ruling stemming from Trump's bid to end birthright citizenship, the court said nationwide injunctions issued by district...
Geostrategy
Company News
Latest News
Volkswagen to reduce workforce
Business
BAT takes shock $32bn hit
Business
UAE to provide US$10m grant to support WTO initiatives, says foreign minister
ABU DHABI, UAE – Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan has announced that the UAE...
Geostrategy
Gazans suffer from hunger, displacement as war rages
Palestinian Territories - At the Jabalia refugee camp in northern Gaza, Abu Gibril was so desperate for food to feed...
Geostrategy
Israeli strikes kill dozens in Gaza as truce talks continue in Paris
The negotiations come after a plan for a post-war Gaza unveiled by Israeli Prime Minister Benjamin Netanyahu drew criticism from...
Geostrategy
Most Read
Ratcliffe unveils electric Ineos car
Jim Ratcliffe is the co-owner of the Manchester United.
- Ratcliffe, 71, earlier this week completed a deal to become co-owner of Manchester United, with a pledge to drive the English football giants to renewed success
- On Friday, Jim Ratcliffe noted that a desire by subsidiary Ineos Automotive to produce zero-carbon cars was hampered by how far they could travel without a recharge
Bosch to cut 3,500 jobs
The company is reducing costs to safeguard competitiveness,
- The global jobs cull would affect "indirect" workers, BSH added, referring mainly to administrative positions
- BSH which employs around 60,000 people globally, said 1,000 jobs will be cut this year already
US downs three Houthi drones, strikes anti-ship missiles
Yemen's Iran-backed Houthis have been targeting shipping for months and their attacks have persisted despite repeated American and British strikes...
- CENTCOM said US forces destroyed "seven Iranian-backed Houthi mobile anti-ship cruise missiles that were prepared to launch towards the Red Sea."
- US Central Command said those strikes , carried out between 12:30 p.m. and 7:15 p.m. Sanaa time, were made in self-defense