Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
Sydney, Australia - Abu Dhabi's state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it...
Business
‘Nothing left’: Israelis grapple with damage from Iran strike
Bat Yam, Israel -- A shocked Julia Zilbergoltz said she had never experienced anything like the Iranian missile strike that...
Geostrategy
Science
WHO warns of Covid medical waste threat
The extra waste is "threatening human and environmental health and exposing a dire need to improve waste management practices", the...
- The extra waste is "threatening human and environmental health and exposing a dire need to improve waste management practices", the UN health agency said
- As countries scrambled to get personal protective equipment (PPE) to cope with the crisis, less attention was paid to disposing of Covid-19 health care waste safely
Arts & Culture
Music industry wakes up to mental health crisis
Several studies have lately highlighted that music professionals suffer psychological distress far above average rates.
- Several studies have lately highlighted that music professionals suffer psychological distress far above average rates
- Stars like Stromae, Adele and Billie Eilish are credited with dismantling the taboos around discussing mental illness
Geostrategy
Libya parliament sets date to replace PM
Libya's parliament announced Monday it would meet next week to pick a replacement for interim Prime Minister Abdelhamid Dbeibah. The...
- The UN has been helping move the North African country past a decade of chaos following the 2011 NATO-backed uprising that toppled dictator Moamer Kadhafi
- Dbeibah's government had a mandate to lead the country to December 24 elections -- in which he was a candidate despite having committed to not running
Economy
IMF and World Bank delay annual meet again
The annual meetings set to take place in Morocco will be held in Washington.
- The 2020 meeting of IMF, World Bank was held virtually and the 2021 meeting in a hybrid format
- Marrakesh was scheduled to host in 2020, will be the site of next year's event
Business
Boeing sells 34 cargo planes to Qatar Airways
This deal with Qatar Airways should boost Boeing and its latest widebody plane the 777X.
- Qatar Airways also has purchase rights for another 16 777X cargo planes
- It also signed a letter of intent to buy 25 737 MAX planes worth $6.7 billion
Business
Sony to buy Bungie
Bungie is based not far from Microsoft headquarters in the US.
- Sony's deal comes weeks after Microsoft unveiled a landmark $69 billion pact to acquire "Call of Duty" maker Activision Blizzard
- "Halo" franchise of Bungie is considered to be among the video games that contributed to the popularity of Xbox consoles.
Business
New York Times buys ‘Wordle’
The deal was made for an "undisclosed price in the low seven figures."
- Created by engineer Josh Wardle, the game consists of guessing one five-letter word per day in just six tries
- Now millions play it daily, fueled in part by the ease of sharing spoiler-free results on social media
Geostrategy
Emir of Qatar to meet US President in Washington
US President Joe Biden will build on attempts to ensure energy back-up for European allies when he hosts Qatar's emir...
- Sheikh Tamim bin Hamad al-Thani will be the first Gulf state leader to visit Biden since he became president just over a year ago
- In addition to meeting Biden, the sheikh will meet with Defense Secretary Lloyd Austin, Secretary of State Antony Blinken, members of Congress and other officials
Economy
High gas prices to hit demand in 2022: International Energy Agency
IEA said the demand for natural gas is expected to fall sharply in Europe and slow in Asia. Gas demand...
- Consumption grew by 4.6 percent last year, more than double the decline experienced as the pandemic emerged in 2020, said the agency.
- How demand will fare in the short-term will depend on the weather during the northern hemisphere's heating season, the IEA said in a report.
Business
Top oil producers to discuss high crude prices
Analysts expect that this meeting will decide to boost output by 400,000 barrels per day in March, in line with...
- The 13 members of OPEC along with their 10 allies convened by video conference to set output
- Russian invasion of Ukraine will halt export of natural gas to Europe and prices would be much higher
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
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
Sydney, Australia - Abu Dhabi's state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it...
Business
Company News
BMW Q3 profit drops 7.7%
Business
Latest News
Hamas weighs Gaza truce as fighting nears fifth month
The Gaza health ministry said that at least 127 people were killed in Israeli strikes in the previous 24 hours...
Geostrategy
Arab Israelis let out of Gaza recount ‘terrifying’ journey
JERUSALEM - When Fatima, an Arab Israeli married to a Palestinian from the Gaza Strip, fled Israel's bombardment of the...
Geostrategy
Parisians vote in anti-SUV parking and pollution referendum
Paris, France -- Parisians were voting on Sunday in a referendum on tripling parking costs for hefty SUV-style cars, a campaign...
Geostrategy
Most Read
Geostrategy
Turkey commemorates last year’s deadly earthquake
ISTANBUL, TURKEY - Turkey on Tuesday holds pre-dawn vigils for the loss of more than 50,000 people -- and parts of...
- Grieving Turks are still coming to terms with how a 7.8-magnitude tremor could upturn the lives of millions of people in a matter of seconds.
- An updated toll released on Friday showed that 53,537 people had died across 11 southeastern provinces officially designated as the disaster zone.
Geostrategy
Houthis vow response after US, UK strike dozens of Yemen targets
Saturday's strikes hit "36 Houthi targets across 13 locations in Yemen in response to the Houthis' continued attacks against international and commercial shipping...
- The joint air raids in Yemen late Saturday followed a separate wave of unilateral American strikes against Iran-linked targets in Iraq and Syria
- It is the third time that British and American forces have jointly targeted the Houthis, whose attacks in solidarity with Palestinians have disrupted global trade
Geostrategy
Tunisia’s Jabeur supports Saudi Arabia after criticism from tennis greats
Abu Dhabi, United Arab Emirates--Tunisian tennis star Ons Jabeur on Saturday threw her support behind the potential staging of the WTA...
- She applauded the response of Saudi envoy to the US to criticism from two women tennis stars of the WTA's possible deal with the kingdom
- Jabeur said that it will be amazing to see not just women but also men to be inspired and that it is very important to support Saudi Arabia's bid