UN conference on Palestinian statehood delayed: Macron
Paris, France - French President Emmanuel Macron said on Friday that next week's UN conference on a two-state solution for...
Geostrategy
Iran calls Israeli strikes ‘declaration of war’ amid international calls for restraint
Trump warns Tehran that the "next planned attacks" will be "even more brutal" and said Iran should cut a deal...
Geostrategy
Geostrategy
11 die in air-strikes on Yemen, a day after Abu Dhabi attack
Eleven people were killed in air strikes on Yemen's rebel-held capital, a witness and medical sources told AFP on Tuesday,...
- Residents were combing the rubble for survivors after the strikes leveled two houses in Sanaa
- The UAE, part of the Saudi-led coalition fighting the Iran-backed rebels, had vowed a tough response to Monday's attack
Geostrategy
Putin to host Iran’s President Ebrahim Raisi in Moscow on Wednesday
Russian President Vladimir Putin will host his Iranian counterpart Ebrahim Raisi in Moscow on Wednesday, the Kremlin said, amid talks aimed at...
- The meeting will be Raisi's most important official visit abroad since he took office, and the first visit by an Iranian president to Russia since 2017.Â
- Moscow and Tehran have strong political, economic and military ties, and are key allies of Syrian President Bashar al-Assad in his country's decade-long civil war.
Geostrategy
US vows to hold Houthi rebels accountable for UAE attack
The United Arab Emirates of which Abu Dhabi is the capital is part of a Riyadh-led military coalition that supports...
- The US expressed condolences to the victim families and reiterated their unwavering commitment to the UAE's security
- The Houthis have claimed responsibility for Monday’s attack which was the first deadly assault acknowledged by the UAE
Science
US airlines once again warn against 5G deployment near airports
The heads of the largest US airlines warned of a "catastrophic disruption" to travel and shipping if telecom firms rolled...
- Verizon and AT&T have already twice delayed the launch of their new C-Band 5G service
- They were heeding warnings from airlines and aircraft manufacturers that the new system might interfere with certain devices
Economy
Libya’s parliament speaker calls for new government
A presidential election was due to take place on December 24, followed by legislative polls, but the UN-sponsored electoral process...
- Speaker Aguila Saleh said during a parliamentary session, in the eastern port city of Tobruk, that a new government must be formed
- The call comes as the UN urged Libya's political factions and parties to hold safe, inclusive, and credible polls as soon as possible
Business
Black diamond worth $5m goes on display in Dubai
The world's largest known cut diamond went on public display for the first time Monday ahead of its sale, when...
- The Enigma, the name of the rare black carbanado diamond, was put on display in Dubai, in the United Arab Emirates
- The diamond is believed to have been created when a meteorite or an asteroid hit the Earth more than 2.6 billion years ago
Geostrategy
Iran says diplomats in Saudi for Organization of Islamic Cooperation posts
Iranian diplomats are in Saudi Arabia to start work at a global organization representing Muslims, a first since the two...
- The two regional rivals have so far held four rounds of talks since April aimed at improving relations.
- Iran said it is "ready to open its embassy" but that depends on what "practical steps" Saudi Arabia takes.
Geostrategy
UAE warns of reprisals for ‘Houthi attack’ on Abu Dhabi
The United Arab Emirates threatened reprisals against Yemen's Houthi rebels after suspected drone strikes killed three people in Abu Dhabi...
- Preliminary investigations suggest that the cause of the fires are small flying objects
- The competent authorities have launched an extensive investigation into the cause of fire
Business
Unilever eyes GSK-Pfizer unit despite $64bn bid rebuff
Unilever has revealed ongoing interest in a consumer healthcare unit owned by GlaxoSmithKline and Pfizer after a bid of £50...
- GSK said it had received three unsolicited offers from Unilever for GSK Consumer Healthcare, but they were rejected for being too low
- The unit's products include Sensodyne toothpaste, pain-relief drug Panadol, and cold treatment Theraflu
Geostrategy
UN’s new envoy of W.Sahara meets with Polisario head in Algeria
The Polisario Front took up arms in the 1970s to seek independence in the disputed Western Sahara while demanding an...
- The Polisario chief explained to Mistura that his organization 'guarantees the Sahrawi people's right to self-determination and full national independence'
- Algiers broke off diplomatic ties with Rabat in August, citing 'hostile' actions by Morocco, which the kingdom denies
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
UN conference on Palestinian statehood delayed: Macron
Paris, France - French President Emmanuel Macron said on Friday that next week's UN conference on a two-state solution for...
Geostrategy
Company News
HSBC Q3 profit up
Business
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US to sell drones worth $4bn to India to bolster its defenses against China
The United States approved a $4 billion sale of state-of-the-art drones to India, offering a new edge to the growing...
Geostrategy
Indian authorities tear down 600 year-old mosque in Delhi
New Delhi, India - Bulldozers have knocked down a centuries-old mosque in India's capital, a member of the building's managing committee...
Geostrategy
WHO warns new cancer cases will rise to 35 million by 2050
Geneva, Switzerland - The number of new cancer cases will rise to more than 35 million in 2050 -- 77 percent...
Research
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Business
OPEC+ panel reaffirms cartel’s current output reduction strategy
In an effort to shore up prices, the OPEC+ oil alliance of 23 nations has implemented supply cuts of more...
- In a statement following a meeting via videoconference, the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ stopped short of making any recommendations on its output policy.
- However, the panel said it "reviewed the crude oil production data for the months of November and December 2023", noting the "high conformity" among participating nations.
Business
Shell annual profit drops to US$19.4bn
Its revenue dived almost a fifth percent to US$316.6 billion.
- Revenue of the British energy major dived almost a fifth percent to $316.6 billion, Shell will nevertheless return $3.5 billion to shareholders
- "Shell delivered another quarter of strong performance, concluding a year in which we made good progress," said chief executive
Geostrategy
Creeping war threatens Sudan’s eastern border
Sudan's nine-month-old war has so far largely spared the country's east. But with the frontline inching ever closer, and reports...
- In recent months, the RSF's push into Al-Jazira state, southeast of the embattled capital Khartoum, has given it access to roads leading further east
- The port city is Sudan's lifeline for crucial aid during the war that, according to the United Nations, has uprooted around 7.6 million people