Trade war worsens foreign investment outlook: UNCTAD World Investment Report
Presenting the annual report at a press conference, UNCTAD chief Rebeca Grynspan said it contained a "clear and urgent" message...
Economy
Syrians watch Iran-Israel crossfire as government stays silent
For days, Syrians have watched as Iranian missiles and Israeli interceptors light up the skies over their territory, but the...
Geostrategy
Science
Covid tears through Iraq as vaccinations lag
In the stores and buses of Iraq masks are rare even as Covid-19 spreads widely, vaccines are viewed with suspicion...
- "More than 95 percent of those sick with Covid-19 in intensive care are unvaccinated," said Ali Abdel Hussein Kazem, assistant director of the facility
- Since January, Iraq's 40 million people have been confronted with a fourth coronavirus wave but -- unlike other countries -- the government has not imposed any restrictions
Geostrategy
Russia says ready for talks if Ukraine ‘lays down arms’
Russian Foreign Minister Sergei Lavrov told a press conference in Moscow that Russian President Vladimir Putin "took the decision to...
- The comment suggested that Moscow intends to overthrow the Ukrainian authorities with its invasion.
- Lavrov denied Ukrainian claims that Russian forces had hit civilian infrastructure, despite widespread evidence of residential areas being damaged.
Arts & Culture
Iraq unveils restoration at ancient city ravaged by IS
Three monumental sculptures in the ancient city of Hatra were restored after being vandalized by the Islamic State group during...
- A Roman-style sculpture of a life-size figure and a series of reliefs of faces on the side of the great temple were among the restored pieces shown off to journalists.
- The restoration work at Hatra is being carried out by Iraqi experts in collaboration with Italy's International Association for Mediterranean and Oriental Studies.
Geostrategy
Libya rival PM says cabinet line-up ready
Libya's prospective prime minister, appointed by the war-torn country's parliament as it seeks to oust interim premier Abdulhamid Dbeibah, said...
- "Prime minister-designate Fathi Bashagha announces that his government is ready and will be presented to the House of Representatives" for a vote of confidence
- Libya's parliament had picked Bashagha earlier this month in a move against Dbeibah, whose rivals argue his mandate ended after elections set for December 24 were postponed
Infographics
SWIFT: The Russia sanctions threat for Ukraine invasion
Ukrainian President Volodymyr Zelensky called on world powers on Thursday to cut Russia off from SWIFT, after Russian forces invaded...
- Founded in 1973, the Society for Worldwide Interbank Financial Telecommunication, actually doesn't handle any fund-transfers itself
- But its messaging system, developed in the 1970s, provides banks the means to communicate rapidly, securely, and inexpensively
Ukraine crisis challenges oil industry caution at high prices
As oil prices have risen over the last year companies ranging from giants like Chevron to mid-sized players such as...
- As oil prices have risen over the last year companies ranging from giants like Chevron to mid-sized players like Devon Energy have chosen to only lift capital investment modestly
- That approach has reflected the clear preference within the investment community for producers to steer extra cash to debt reduction and shareholder givebacks
Geostrategy
European nations sign 7-bn-euro drone contract
Baptised Eurodrone, the twin-motor aircraft with a 30-metre wingspan similar to some commercial planes, will be able to carry out...
- Baptised Eurodrone, the twin-motor aircraft with a 30-metre wingspan similar to some commercial planes, will be able to carry out intelligence-gathering and surveillance.
- The remotely-piloted 10-tonne drone, to be built by a consortium lead by Airbus, will be capable of operating for 20 hours and help provide round-the-clock surveillance
Geostrategy
Egypt vows to look after stranded Russians, Ukrainians
The decision followed a flurry of flight cancellations after Russia early Thursday sent troops across the border into Ukraine.
- The decision followed a flurry of flight cancellations after Russia early Thursday sent troops across the border into Ukraine
- Flights from 11 airports in southern Russia and one airport in Moscow-annexed Crimea have been canceled, Russia's main aviation authority has said
Economy
US Fed official sees big hike at March meeting, warns of Ukraine impact
Russia’s invasion of Ukraine threatens to drive up global commodity prices and disrupt the US recovery at a time of...
- Russia’s invasion of Ukraine threatening to drive up global commodity prices and disrupt the US recovery at a time of high inflation
- The central bank typically increases by a quarter percent, but Waller said an increase at the March 15-16 meeting of half a percentage point
Geostrategy
North Africa-Europe migrant deaths at sea up 155%: UN
The surge in deaths came alongside evidence of both increased arrivals in at least one key destination and rising interceptions.
- The central Mediterranean route, running from Tunisia and Libya to Italy and Malta, has claimed more than 18,000 migrant lives since 2014
- The Western Africa-Atlantic crossing to Spain's Canary Islands was the second most deadly during the first half of last year, with 250 fatalities
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
Trade war worsens foreign investment outlook: UNCTAD World Investment Report
Presenting the annual report at a press conference, UNCTAD chief Rebeca Grynspan said it contained a "clear and urgent" message...
Economy
Company News
Latest News
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...
Geostrategy
Yemen-based Houthis say 17 fighters killed in US strikes
A total of 17 Houthi fighters were killed in US strikes, the Iran-backed Yemeni rebel group said through its official...
Geostrategy
Six-year-old Gaza girl found dead days after seeking help
Palestinian Territories - Six-year-old Hind Rajab pleaded to be rescued, after her family's car came under fire in war-ravaged Gaza...
Geostrategy
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Geostrategy
Hamas, Saudi warn of calamity if Israeli troops attack Rafah
Prime Minister Benjamin Netanyahu this week said he had ordered troops to prepare to go in to the city, crowded...
- Hamas said any military action would have catastrophic repercussion that "may lead to tens of thousands of martyrs and injured if Rafah... is invaded".
- Saudi Arabia said that Israel's planned army operation in overcrowded Rafah would cause a "humanitarian catastrophe".
Geostrategy
Israel’s AI-enabled tech usage in Gaza sparks new fears
New defense technologies including artificial intelligence-powered gunsights and robotic drones form a bright spot in an otherwise dire period for...
- In a first, the army has used an AI-enabled optic sight, made by Israeli startup Smart Shooter, which is attached to weapons such as rifles and machine guns.
- A senior defense official said the technology was destroying enemy drones and mapping Hamas's vast tunnel network in Gaza.
Gaza medics say Israeli forces raid Khan Yunis hospital
Hospitals are granted special protection under the laws of war, but they have been repeatedly hit in Gaza over the...
- PRCS said Israeli forces had arrested eight of its team members at Al-Amal hospital, including "four doctors, as well as four wounded individuals and five patients' companions
- The medical organization has in recent days made repeated pleas for supplies and protection, reporting severe shortages of oxygen, medicines and fuel to power the hospital