UN to vote on calling for unconditional Gaza ceasefire
Like the text blocked by Washington to protect its Israeli allies, the draft resolution before the General Assembly calls for...
Geostrategy
Turkey to export 48 fighter jets to Indonesia, deal valued at 10 billion dollars
Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues.
Geostrategy
Geostrategy
Gaza rockets fall into sea off Tel Aviv: Israel army
It was unclear who fired the projectiles as Hamas, the Palestinian Islamist group that controls Gaza, did not claim responsiblity.
- It was unclear who fired the projectiles as Hamas, the Palestinian Islamist group that controls Gaza, did not claim responsiblity
- No sirens were sounded and Israel's Iron Dome rocket interception system did not deploy, the army added.
Economy
Global stocks end strong year with losses
On Wall Street, the broad-based S&P 500 had its best December in over a decade, and scored a third straight...
- On Wall Street, the broad-based S&P 500 had its best December in over a decade, and scored a third straight year of double-digit gains with a 27.1% jump
- In Asia, Hong Kong's main stocks index finished with gains Friday, on surging Chinese tech shares
Iraqi minister sacks local police chief after deadly operation
The operation took place Thursday when rapid intervention units and intelligence forces sought to storm a house in the village...
- The operation took place Thursday when rapid intervention units and intelligence forces sought to storm a house in the village of Al-Rashayed in the central Iraqi province
- In a brief initial statement, security forces said they had "pursued two individuals accused of terrorism" who "opened fire indiscriminately" once surrounded
Science
Israel ‘leads the way’ with 4th Covid jabs for vulnerable
According to researchers at Jerusalem's Hebrew University, new daily infections could rise to 15,000 or even 20,000 within the next...
- Israel's health ministry on Thursday approved giving a fourth shot for immunocompromised people
- The effort comes almost exactly one year after Israel began a massive vaccination drive on the back of a data-sharing accord with US pharmaceutical firm Pfizer
Economy
Tunisia in ‘uncertainty’ as president pushes new constitution
Tunisian President Kais Saied is preparing to ask the public for their thoughts on a new constitution.
- President Kais Saied sacked the government, suspended parliament, and seized wide-ranging powers on July 25
- The former law professor has long called for an overhaul of the country's post-revolution political system
Economy
Libya PM back in position after election postponed
The election, set for December 24, was meant to be the culmination of UN-led efforts to drag Libya out of...
- Libya's interim Prime Minister Abdulhamid Dbeibah chaired a cabinet meeting on Thursday, marking his return to the post
- This happened despite concerns that postponing of the country's presidential election could jeopardize his position
Business
Ikea to hike prices by 9%
The hike is due to pandemic-fueled supply-chain snarls.
- Ikea faced higher operating costs in North America and Europe
- It is now passing on that cost burden to its customers
Research
Palestinians raise alarm over Facebook content ‘suppression’
Allegations of pro-Israeli bias at Facebook were renewed in October when Human Rights Watch said the platform had "suppressed content...
- Allegations of pro-Israeli bias at Facebook were renewed in October when Human Rights Watch said the platform had "suppressed content posted by Palestinians
- A spokesperson for Facebook's parent company Meta said its policies "were designed to give everyone a voice while keeping them safe on our apps"
Economy
Bitcoin faces uncertain 2022 after record year
Having more than trebled in value to $60,000 between December 2020 and April, bitcoin has lost some shine to trade...
- Having more than trebled in value to $60,000 between December 2020 and April, bitcoin has lost some shine to trade at under $50,000 heading into the new year
- The record high in April occurred with the stock market debut of cryptocurrency exchange Coinbase.
Geostrategy
Armenia to lift ban on Turkish imports as envoys set to meet
Earlier this month Turkey and Armenia named special representatives to work on the normalisation of ties.Turkey will be represented by...
- Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations
- Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations
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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
UN to vote on calling for unconditional Gaza ceasefire
Like the text blocked by Washington to protect its Israeli allies, the draft resolution before the General Assembly calls for...
Geostrategy
Company News
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General Motors Q3 profit surge
Business
Stora Enso posts loss again
Business
We want complete ceasefire, not temporary truce: Hamas
Taher al-Nunu, a senior Hamas official, said his group wanted a "complete and comprehensive ceasefire, and not a temporary truce."...
Geostrategy
Hong Kong court orders liquidation of China’s Evergrande
Evergrande's demise has been closely watched as it was once a pillar of China's economy, with the construction and property...
Business
Israeli troops bulldoze, desecrate Palestinian graves in Gaza
Palestinian Territories - Even the dead are not spared by the Hamas-Israel war raging in Gaza, with bodies dug up...
Geostrategy
Most Read
Geostrategy
Residents of Gaza lament suspension of UN agency funding
Gazans lamented the suspension of funding to the UN agency for Palestinian refugees by several donor countries after Israel charged...
- Several countries, including the United States, France, Britain, Germany and Japan, have announced the suspension of further funding to the agency.
- In Rafah, where 1.5 million displaced people have taken refuge, Gazans said that the support they received from the agency amounted to a lifeline.
Business
Toyota to suspend shipments of 10 models due to testing irregularities
Tokyo, Japan - Toyota said Monday it was suspending shipments of 10 models that use engines linked with testing irregularities at...
- The affiliate, Toyota Industries, did not conduct proper horsepower output testing for the certification of three diesel engine models, the parent group said
- Toyota Industries said in a separate statement that its workers adjusted the fuel injection amounts to make the data "better-looking"
Geostrategy
Gaza bombing continues amid fears of wider regional conflict
Israel's relentless military offensive has since killed at least 26,422 people in Gaza, most of them women and children, according...
- 140 Palestinians were killed by Israeli bombing overnight, including 20 members of one family, said the health ministry in the Palestinian territory.
- In the latest efforts to broker a new ceasefire, CIA chief William Burns met top Israeli, Egyptian and Qatari officials in Paris on Sunday, but no breakthrough was reported.