‘Unidentified’ drone hits Baghdad base: Iraq security officials
An "unidentified" drone struck a military base in Baghdad early Tuesday while another fell in the west of the capital,...
Geostrategy
Oil prices spike after US strikes on Iran nuclear sites
Economists at MUFG warned of "high uncertainty of the outcomes and duration of this war", giving a "scenario analysis" of...
Economy
Business
Qatar blasts Netherlands coach for World Cup criticism
Qatar's top World Cup organizer has hit back at Louis van Gaal for criticizing the decision to hold the event...
- Van Gaal said this week that it was "ridiculous" for the World Cup to be held in Qatar and that FIFA had only been motivated by money
- Hassan al-Thawadi, chief executive of the World Cup Supreme Committee, said Arab fervor for football was "unparalleled"
Business
IATA shifts Annual General Meeting from Covid-hit China to Qatar
The International Air Transport Association (IATA) on Friday said its annual general meeting in June would be held in Qatar instead...
- China is experiencing its worst coronavirus outbreak since the start of the pandemic more than two years ago, with Shanghai posting record-high case counts.
- The IATA comprises some 280 airlines and air companies, accounting for 83 percent of global air travel.
Business
Dubai basks in sparkle of giant diamond
A giant diamond nicknamed "The Rock" went on display for the first time in Dubai on Friday ahead of an...
- The 228.31-carat pear-shaped gem, which was mined and polished in South Africa more than 20 years ago, is the largest white diamond ever to come to auction
- After making its debut at Christie's Dubai, where it will be displayed from March 26-29, The Rock will travel to Taipei, New York and Geneva, where it will be auctioned on May 11
Business
How European rulings imperil flagship Google product
Lax laws and sweetheart deals are becoming a thing of the past for big tech firms, particularly in Europe where...
- More than half of the world's websites use Google Analytics to help their owners understand the behaviour of users
- Regulators in several countries agree with activists and have ruled Google Analytics incompatible with European data privacy regulation
Geostrategy
US indicts 4 Russians who targeted energy sector, including Saudi facility
The Russian hackers tried their exploits on thousands of computers at hundreds of companies in 135 countries between 2012 and...
- The hackers were employed by a Russian Ministry of Defense research institute and Russia's Federal Security Service
- The four Russians were the subject of two separate indictments, both predating the Russian invasion of Ukraine
Business
EU negotiators agree landmark law to curb Big Tech
The "Digital Markets Act" (DMA) has sped through the bloc's legislative procedures and is designed to protect consumers.
- The "Digital Markets Act" (DMA) has sped through the bloc's legislative procedures and is designed to protect consumers
- "The gatekeepers -- they now have to take responsibility," said the EU's competition supremo Margrethe Vestager
Economy
Canada torn between economy, climate in deciding oil project
Environment Minister Steven Guilbeault will soon face his first major test in deciding on a new offshore oil project.
- Norwegian firm Equinor is seeking to develop oil discoveries in the Flemish Pass Basin, generating $2.8 billion in royalties
- However, exploiting an estimated 300 million barrels of oil over 30 years would set back efforts to curb climate change
Geostrategy
US announces new sanctions after North Korea ICBM test
The targeted persons and organizations are accused of “transferring sensitive items to North Korea’s missile program,” the State Department said...
- The targeted persons and organizations are accused of “transferring sensitive items to North Korea’s missile program,” the State Department said in a statement
- Thursday’s launch was the first time Pyongyang has fired the country’s most powerful missiles at full range since 2017
Business
Banks break pledges with fossil fuel billions: Report
The analysis by London-based think tank InfluenceMap found the world's 30 biggest listed finance groups provided $740 billion to fossil...
- The analysis by London-based think tank InfluenceMap found the world's 30 biggest listed finance groups provided $740 billion to fossil fuel producers in 2020 and 2021
- The biggest providers of fossil fuel financing were JP Morgan with $81 billion, Citigroup with $69 billion, and Bank of America with $55 billion
Geostrategy
Blinken to travel to Israel, West Bank, Morocco, Algeria
US Secretary of State Antony Blinken will travel to Israel, the West Bank, Morocco, and Algeria over March 26-30 to...
- Blinken will meet separately Israeli Prime Minister Naftali Bennett and Palestinian president Mahmoud Abbas in Ramallah
- While in Morocco, he will meet Abu Dhabi Crown Prince Mohammed bin Zayed, besides other regional politicians
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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
‘Unidentified’ drone hits Baghdad base: Iraq security officials
An "unidentified" drone struck a military base in Baghdad early Tuesday while another fell in the west of the capital,...
Geostrategy
Company News
Latest News
‘Oppenheimer’ dominates BAFTAs in major Oscars boost
London, United Kingdom - "Oppenheimer", Christopher Nolan's epic movie about the creation of the atomic bomb, swept the board at Sunday's...
Arts & Culture
US strikes Houthi weapons’ systems in latest attack
According to a statement from CENTCOM, the five strikes included targeting "the first observed Huthi employment of a UUV (unmanned...
Geostrategy
Prospects dim for truce as Israel rejects calls to spare Rafah
Mediator Qatar acknowledged that separate ceasefire talks had also hit an impasse after Israeli Prime Minister Benjamin Netanyahu rejected some...
Geostrategy
Most Read
Geostrategy
West Bank situation an obstacle between Israel-Palestine peace, says EU
EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding...
- Around 490,000 Israelis live in the West Bank, which Israel has occupied since 1967, in dozens of settlements that are deemed illegal under international law.
- The settlers live alongside around three million Palestinians in the territory.
Geostrategy
UAE seeks maximum penalty in ‘terror’ trial against 84 people
The United Arab Emirates has accused the defendants of forming a "terrorist" organization called the "Committee for Justice and Dignity"...
- Most of the defendants were previously convicted more than a decade ago on similar charges and had completed or were about to complete their sentences.
- Public prosecutors concluded their arguments and confirmed that the case was distinct from that in 2012 and "not about re-trying the accused," reported WAM.
Arts & Culture
‘Addicted to winning’: Sabalenka returns to action in Dubai
Dubai, United Arab Emirates -- World number two Aryna Sabalenka said on Sunday she was "addicted to winning" and hungry for...
- The Belarusian returns to action this week at the WTA 1000 in Dubai to contest her first tournament since her second Grand Slam triumph at Melbourne Park.
- Meanwhile, top-seeded Iga Swiatek has touched down in Dubai, a day after pulling off an impressive threepeat in Doha.