European, Iranian diplomats to meet as Trump mulls joining Israel campaign
Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to...
Geostrategy
Asian stocks drop after Fed warning, oil dips with Mideast in focus
Hong Kong, China - Asian stocks fell Thursday after the Federal Reserve warned Donald Trump's trade war would likely reignite...
Economy
Geostrategy
Arab League to meet over Ukraine war to discuss Russian invasion
A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia.
- A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia
- The UAE, a non-permanent member of the UN Security Council, abstained Friday in a vote on a resolution, vetoed by Moscow
Economy
Riyadh confirms commitment to ‘OPEC Plus’ deal with Russia
Saudi Arabia confirmed its commitment to the OPEC+ agreement with Russia Sunday, the Saudi Press Agency reported, as Moscow faces...
- Members of the OPEC+ oil producers' group will meet Wednesday to discuss loosening the taps -- just days after Russia's invasion of Ukraine sent crude soaring past $100 a barrel
- The 13 members of OPEC proper will be joined by their 10 allies in the OPEC+ group at the teleconference meeting
Business
Algeria offers to supply Europe with gas amid Ukraine crisis
Algeria's state energy firm is ready to supply Europe with more gas in view of a possible decline due to...
- Sonatrach is "a reliable gas supplier for the European market and is willing to support its long term partners in the event of difficult situations," Hakkar was quoted as saying
- The Tansmed pipeline, jointly operated with Italy's ENI, has a capacity of some 32 million cubic meters per year -- four times that of the Medgaz pipeline to Spain
Economy
Meta and UAE’s initiative for SBMs launch ‘Boost with Facebook’ program
Meta and The Entrepreneurial Nation program have launched ‘Boost with Facebook’ program in the Emirates that is aimed at attracting...
- The Entrepreneurial Nation, Ministry of Economy's initiative, helps entrepreneurs set up as well as expand their ventures through PPP.
- There are around 350,000 SMBs in the UAE, accounting for 86 percent of the labor force in the private sector and making up over 60 percent of GDP.
Geostrategy
Iran’s chief nuclear negotiator returns to Vienna
Iran's chief negotiator will fly back to Vienna on Sunday evening following consultations in Tehran, state media reported, as talks...
- The talks to restore the agreement known formally as the Joint Comprehensive Plan of Action involve Iran as well as Britain, China, France, Germany and Russia directly
- On Saturday Iranian Foreign Minister Hossein Amir-Abdollahian said Tehran was studying a rough draft of a deal to revive the nuclear deal
Business
‘Pick a side’: Ukraine invasion dilemma for US Big Tech
US Senator Mark Warner wrote to Meta, Reddit, Telegram, TikTok, Twitter and other tech giants to stop Russian disinformation spreading...
- Facebook and YouTube have curbed Russian media's ability to earn money on their platforms following Ukraine's request
- Experts have urged US companies to pick sides in geopolitical conflicts such as the one ongoing in Ukraine
Geostrategy
Arab students stranded in Ukraine desperate to go home
Among Arab countries, Morocco has the largest number of students in Ukraine, with around 8,000 enrolled in universities, followed by...
- Egyptian students tried to cross the border into Poland with no help from their native country, hoping to make it back home
- The Lebanese government plans to help nationals trapped in Ukraine as the Russian invasion continues
Geostrategy
Iran says studying draft deal to restore nuclear agreement
The EU has been mediating between negotiators from Iran and a U.S. delegation to revive nuclear deal.
- Iran's chief negotiator Ali Bagheri is back in Tehran for consultations on the rough draft of a new nuclear deal
- Iran's Foreign Minister Amir-Abdollahian said that the talks had reached on "a critical and important stage"
Economy
Sanctions seek to cripple Russian economy as Ukraine invasion continues
The sanctions came as the Russian military stepped up its bloody, multi-pronged assault against Kyiv and other Ukrainian cities.
- The measures were backed by the United States, Canada, the European Commission, Britain, France, Germany and Italy
- In a symbolic gesture likely to resonate in Moscow and the Kremlin, the stunning news was first delivered from Europe
Geostrategy
Russia invasion appears ‘frustrated’ by stiff Ukraine resistance
The United States and Western allies are still able to deliver arms into Ukraine to bolster the military, and Washington...
- According to Pentagon information, Russia now has at least 50 percent of its massive invasion force inside Ukraine
- However, the force is making slow progress on its original three-front thrust due to unexpectedly stiff resistance
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
European, Iranian diplomats to meet as Trump mulls joining Israel campaign
Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to...
Geostrategy
Company News
Latest News
UN’s IMO working ‘tirelessly’ to solve Red Sea crisis: head
Yemen's Houthi rebels, supported by Iran, have launched dozens of attacks against ships in the Red Sea since November, targeting...
Geostrategy
Climate change parches Morocco breadbasket amid policy pitfalls
Berrechid, Morocco -- Around this time every year, Moroccan wheat farmer Abderrahim Mohafid is usually preparing for his spring harvest, but...
Business
Israel offensive on Lebanon would ‘spell end’ of Netanyahu, says Iran’s FM
Amir-Abdollahian met top officials in Beirut including Hizbollah chief Hassan Nasrallah and parliament speaker Nabih Berri, a powerful ally of...
Geostrategy
Most Read
Israel PM pledges ‘safe passage’ for Rafah civilians
Israel's massive military offensive in Gaza as per the territory's health ministry has killed at least 28,064 people, mostly women...
- Gaza's authorities warned of "tens of thousands" of casualties in Rafah
- EU's Josep Borell said an offensive there "would lead to an unspeakable humanitarian catastrophe"
Geostrategy
UN agency boss should quit over Hamas ‘tunnel’: Israel
Israel's army and the Shin Bet security agency said operations in Gaza City in recent weeks had led to the...
- Israel Katz rejected UNRWA commissioner general's claim that he was unaware of its presence
- Lazzarini said the agency had not operated from the compound since October 12
Geostrategy
Three UAE soldiers, Bahraini officer killed in Somali attack
The United Arab Emirates' defense ministry said that the soldiers were "exposed to a terrorist act" while "performing their work...
- The UAE said it will cooperate with Somalia in investigation of the attack
- Somalia said the attack had targeted a military camp in the capital Mogadishu