Amazon tycoon Jeff Bezos, his fiancee Lauren Sanchez arrive in Venice for lavish wedding
Bezos, 61, and Sanchez, 55, are said to have booked out the city's finest hotels for a star-studded guest list...
Business
Zohran Mamdani stuns political veteran in NYC mayoral primary
New York City Democrats chose 33-year-old Muslim socialist Zohran Mamdani as their mayoral candidate in Tuesday's elections, stunning his opponent,...
Geostrategy
Geostrategy
Palestinian lawyer sues Israel’s spyware firm in France
Palestinian lawyer Salah Hamouri, who is in Israeli detention, filed a complaint in France Tuesday against surveillance firm NSO Group...
- He is one of several Palestinian activists whose phones were hacked using the Pegasus malware made by the Israeli company NSO
- The rights groups have filed a complaint alleging offences -- such as the violation of privacy and correspondence against NSO
Business
Amazon inks satellite deals
Satellites in low orbit to provide internet service to people below.
- Amazon said that its contracts with Arianespace, Blue Origin and United Launch Alliance (ULA) are the largest commercial procurement of launch vehicles in history.
- The overall cost and timing of launches booked to make Amazon's Project Kuiper a reality were not disclosed.
Kuwait government resigns amid dispute with parliament
Kuwait's government resigned on Tuesday, three months after it was sworn in, state media reported, amid escalating disputes with parliament....
- The Gulf emirate's prime minister, Sabah Khaled Al-Sabah, submitted the cabinet's resignation to Crown Prince Sheikh Meshal al-Ahmad al-Jaber Al-Sabah
- Oil-rich Kuwait has been shaken by disputes between lawmakers and successive governments dominated by the ruling Al-Sabah family for more than a decade
Geostrategy
Yemen truce struggles to hold as charges of violations grow
Yemen's warring parties on Tuesday traded accusations of violating a ceasefire agreement, three days after it went into effect at...
- Yemen's foreign minister, Ahmed bin Mubarak, in a Twitter post accused the Houthis of ceasefire violations
- While the insurgents did not directly respond to the claims, their media channels also reported alleged "breaches", but by pro-government troops, on Sunday and Monday
Geostrategy
US, Iran spar over stalled nuclear talks and demands
Iranian foreign ministry spokesman Saeed Khatibzadeh said that the country's negotiators would not return to Vienna, the site of the...
- Tehran has been engaged in long-running negotiations in the Austrian capital of Vienna to revive the JCPOA
- It has engaged with Britain, China, France, Germany, and Russia directly, and the United States indirectly
Business
Elon Musk buys 9.2% Twitter stake
The investment is worth $2.9 billion based on Friday's share price.
- Musk became Twitter’s largest shareholder following the purchase of 73.5 million shares or 9.2 percent of common stock
- The Tesla founder is currently the world's richest man, with a net worth of $287.6 billion, according to various sources
Business
Captagon trade tops $5b in MENA, raises health risk concerns
Exponential growth in the trade of the amphetamine-type stimulant captagon poses an increasing health and security risk to the region
- The figure is a jump from an estimate of around $3.5 billion in 2020 and only reflects the retail value of the pills seized last year
- The real amount of seized pills is likely higher and still only a fraction of the total amount of captagon produced
Economy
Iran says oil production back to pre-sanctions level
Iran's oil production capacity has returned to the same level as prior to the reimposition of sanctions in 2018, when...
- "Oil production has reached pre-sanctions figures, despite economic pressures," said Mohsen Khojastehmehr, CEO of the National Iranian Oil Company
- In a monthly report, the OPEC group of oil-producing countries estimated that Iran produced 2.54 bpd of oil in February
Geostrategy
Iran says will return to Vienna only to finalize nuclear deal
Iran said Monday it will only return to Vienna in order to finalize an agreement to revive its landmark 2015...
- If Washington answers the outstanding questions, we can go to Vienna as soon as possible, Iran's foreign ministry spokesman Saeed Khatibzadeh said.
- Iranian and US delegations in Vienna do not communicate directly but through other participants and the European Union, the talks' coordinator.
Arts & Culture
Sweet smell of Ramadan in South Asia
The region is home to around a third of Islam's adherents. Festive Iftar meals traditionally bring families together and there...
- More subdued evening gatherings are underway in Afghanistan, where people are still reckoning with an acute humanitarian crisis.
- The centuries-old Chawkbazar market in Bangladesh is a traditional center for evening meet-ups during Ramadan.
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
Amazon tycoon Jeff Bezos, his fiancee Lauren Sanchez arrive in Venice for lavish wedding
Bezos, 61, and Sanchez, 55, are said to have booked out the city's finest hotels for a star-studded guest list...
Business
Company News
Grim cycle of death at a hospital in Gaza
Geostrategy
Latest News
Israeli air attack kills two in Damascus, says state media
An Israeli strike on a residential area of Damascus killed at least two people, Syrian state media reported, the latest...
Geostrategy
Israelis unsure of ‘absolute victory’ in Gaza, finds poll
Jerusalem - Despite Prime Minister Benjamin Netanyahu's insistence the Gaza war will end with Israel achieving "absolute victory", a majority...
Geostrategy
As truce talks resume in Cairo, people in Gaza suffer from hunger
Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...
Geostrategy
Most Read
Geostrategy
Gaza a death zone, its humanitarian situation inhumane: WHO chief
"What type of world do we live in when people cannot get food and water, or where people who cannot...
- "What type of world do we live in when hospitals must close because there is no more power or medicines to help save patients, and they are being targeted by military forces?"
- "We need a ceasefire now. We need hostages to be released. We need the bombs to stop dropping and we need unfettered humanitarian access. Humanity must prevail," Tedros said.
Market Report
Stock markets diverge before Nvidia results, Federal Reserve minutes
Stock markets diverged as traders awaited earnings from US tech darling Nvidia, in addition to minutes from the Federal Reserve...
- In the eurozone, the Frankfurt and Paris stock markets edged higher in afternoon deals.
- Hong Kong and Shanghai bourses jumped after Beijing's latest measures to boost China's stuttering economy.
Geostrategy
US urges UN court not to order Israel out of Palestinian lands
The International Court of Justice is holding a week of hearings after a request from the UN, with an unprecedented...
- "The court should not find that Israel is legally obligated to immediately and unconditionally withdraw from occupied territory," said Richard Visek, US State Department advisor.
- "Any movement towards Israel withdrawal from the West Bank and Gaza requires consideration of Israel's very real security needs," he argued