Oil slides, stocks rise as Iran-Israel ceasefire holds
The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...
Geostrategy
Trump announces phased ceasefire to end conflict, Iran offers to halt strikes if Israel stops
The adversaries had been swapping missile fire since Israel carried out surprise "preemptive" strikes against Iran on June 13, targeting...
Geostrategy
Germany mulling Israeli anti-missile shield purchase
An Arrow 3 would be sent in space if a rocket attack is uncovered, to intercept and to destroy the...
- Germany need anti-missile shield to protect it against the Russian threat, parliament of the country said in a an official statement
- Israeli Arrow 3 system costs $2.2 billion could be operational from 2025 in Germany
Geostrategy
Blinken, Arab officials in Israel for ‘Negev Summit’
US Secretary of State Antony Blinken and four top Arab diplomats arrived Sunday in southern Israel for a "historic" meeting...
- The gathering with officials from the United Arab Emirates, Bahrain and Morocco and Egypt comes amid rising regional concerns over a deal Washington could soon reach with Iran
- With the day of talks scheduled for Monday Israel aims to mark the success of the US-propelled "Abraham Accords" that saw the normalisation deals
Geostrategy
Two migrants drown off Morocco coast, more than 200 arrested
In total, 236 migrants were arrested by Moroccan authorities during operations in Tarfaya, located 100 kilometers from the Canary Islands.
- Two migrants died in and attempt to cross the sea to reach Spain's Canary Islands
- Over 40,000 migrants have reached in Spain through the sea in 2021, Spain's interior ministry has confirmed
Geostrategy
Abbas slams West’s ‘double standards’ on Ukraine, Palestinians
Blinken held talks with Abbas on the first full day of a trip that includes a meeting with the foreign...
- Blinken held talks with Abbas on the first full day of a trip that includes a meeting with the foreign ministers of Israel and four Arab countries
- Blinken told Abbas he wanted to revitalise US relations with the Palestinians after they collapsed under the administration of former president Donald Trump
Geostrategy
Two Israeli police killed in attack claimed by Islamic State group
Two police officers were shot dead in an attack claimed by the Islamic State group in the northern Israeli city...
- Police said "two terrorists arrived at Herbert Samuel Street in Hadera, and began shooting at a police force there," resulting in two deaths
- Dudu Boani, the police deputy commander for the region, told reporters the two victims of the attack were police officers
Geostrategy
NATO not seeking regime change in Russia: Scholz
The German chancellor's comments follow remarks by French President Emmanuel Macron, in which he warned against verbal 'escalation' with Russian...
- White House played down US President Joe Biden's comments in which he called the Russian president as a 'butcher' for invading Ukraine
- Democracy, freedom, and justice have a future everywhere, German Chancellor Olaf Scholtz has said
Geostrategy
Independents candidates dominate in Palestinian local elections
Independent candidates dominated the Palestinian local elections, winning 64 percent of seats, up from just 37 percent five years ago,...
- Independents won 64 percent of seats, up from just 37 percent five years ago, according to official results released on Sunday.
- The polls came after president Mahmud Abbas called off last year's planned presidential and legislative elections, after Israel barred voting from taking place in east Jerusalem.
Geostrategy
French FM says world powers must ‘keep talking’ with Putin
International powers must keep talking with Russia's President Vladimir Putin until he is ready to end his invasion of Ukraine,...
- Le Drian told a conference in Doha that Putin had not achieved any of his aims, but that there had to be a ceasefire around the bombarded Ukrainian city of Mariupol
- Le Drian said the Russian invasion had united Ukraine and given a new impetus to the European Union and NATO, while Russia was losing major markets for its energy exports
Geostrategy
Libyans want peace and elected government: UN official
The Libyan people want to end a decade of violence and elect a government, showing "zero appetite" for further conflict...
- Libya was meant to hold elections last December, as part of a UN-guided peace process aiming to draw a line under a complex conflict
- The polls were indefinitely postponed as political factions wrangled over their legal basis and the eligibility of controversial candidates
Geostrategy
Yemen faces ‘extremely troubling outlook’, says UNDP chief
War-torn Yemen faces an "extremely troubling outlook" after a serious escalation between Iran-backed Houthi rebels and Saudi Arabia, the head...
- Achim Steiner, the UNDP's administrator, also told AFP the impoverished country is at risk of being "forgotten" as Russia's war on Ukraine grabs the world's attention
- The war has killed hundreds of thousands directly or indirectly and left millions on the brink of famine in what the UN calls the world's worst humanitarian catastrophe
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
Oil slides, stocks rise as Iran-Israel ceasefire holds
The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...
Geostrategy
Company News
Latest News
UN agencies warn of ‘explosion’ in Gaza child deaths
Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...
Brazil summons Israeli ambassador as Gaza row escalates
The Brazilian foreign ministry said it has also recalled its own ambassador from Tel Aviv for consultations, after Israel summoned...
Geostrategy
Israel says Brazil’s Lula ‘persona non grata’ for Holocaust remarks
Lula's remarks on Sunday sparked outcry in Israel after the Brazilian leader said the ongoing conflict in the Gaza Strip...
Geostrategy
Most Read
Geostrategy
‘160-year-old story’: Abraham Lincoln pardoned Joe Biden’s ancestor
The "slender sheaf of 22 well-preserved pages of his trial transcript, unobtrusively squeezed among many hundreds of other routine court-martial...
- A record detail the trial of Moses J. Robinette after a fight with fellow Union Army civilian employee John J. Alexander on March 21, 1864
- The two men scuffled, and Robinette drew his pocketknife, leaving Alexander with several cuts before others intervened, according to the documents
Geostrategy
Gaza war effect: Israel’s GDP shrinks by 20% in the last quarter of 2023
Overall, Israel's GDP grew by 2.0 percent in 2023, short of the 2.3 percent projection made by the Bank of...
- It was the single worst quarter for the Israeli economy in terms of GDP per capita since the opening quarter of the Covid pandemic in early 2020.
- The country has seen massive labor shortages and the collapse of the tourism industry since the outbreak of war.
Business
Passenger traffic could exceed earlier figures, says Dubai Airports’ CEO
DUBAI, UAE – The airport here has "every chance" of breaking its record for passenger traffic this year after surpassing pre-pandemic...
- Dubai International, the world's busiest airport for international passengers for nearly a decade, hit 87 million visits in 2023.
- Dubai Airports' official forecast for 2024 stands at 88.8 million passengers, despite the Israel- Hamas war which began in October.