Iran says to target US bases if conflict breaks out
"All its bases are within our reach, we have access to them, and without hesitation we will target all of...
Geostrategy
Sharjah’s real estate sector records $1.49bn in transactions during May
Sharjah, UAE --Â Sharjah's real-estate market during May 2025 recorded a total of 8,415 transactions worth AED 5.5 billion. Â Of...
Business
Geostrategy
France arrests man for shipping chemical components to Syria
France detained a 60-year-old French-Syrian man on suspicion of conspiracy to commit crimes against humanity.
- France has arrested a man under formal investigation on suspicion of supporting the Syrian army
- Syria denies the use of chemical weapons, insisting it handed over its stockpiles under a 2013 agreement
Business
Spider-Man first $1bn post-pandemic movie
No Way Home has grossed $467.3 million in North America and $587 million internationally since its release earlier this month.
- Spider-Man has become the first billion-dollar-grossing film of the pandemic era
- The movie took an estimated $81.5 million in North America over the Christmas weekend
Business
Evergrande vows to deliver homes
The Chinese real-estate firm has $300 billion in liabilities.
- In recent months, Evergrande has repeatedly said it will finish its unfinished projects and deliver them to buyers
- This, despite the company having missed a payment of more than $1.2 billion earlier this month
Science
Bird flu outbreak in Israel results in death of 2,000 cranes
More than 40,000 cranes are estimated to have remained in the area of northern Israel as 2000 have been dead...
- A bird flu outbreak has killed more than 2,000 wild cranes on a reserve in northern Israel
- The virus affects Israel annually, but this year's outbreak is much larger than previous years
Economy
Top 10 weather disasters cost $20bn more than last year: NGO
Each year, UK charity Christian Aid calculates the cost of weather incidents like flooding, fires, and heat waves according to...
- Christian Aid said the upward trend reflects the effects of man-made climate change
- It added that the 10 disasters in question also killed at least 1,075 people and displaced 1.3 million
Arts & Culture
Heart of Baghdad’s book trade gets makeover
Colorful fireworks lit up the sky during the festival organized by Baghdad municipality to inaugurate the renovated Al-Mutanabbi Street, which...
- The street's new look comes alongside art exhibitions, gallery openings, book fairs, and festivals reflecting a fledgling cultural renaissance.
- Al-Mutanabbi Street was first inaugurated in 1932 by King Faisal I and named after the celebrated 10th-century poet Abul Tayeb al-Mutanabbi.
Geostrategy
Saudi-led coalition intensifies anti-Huthi campaign, bombs camp
The Saudi-led coalition fighting in Yemen said Sunday it struck a Huthi rebel camp in the capital Sanaa, as it...
- The coalition says it will show evidence of involvement by Lebanon's Iran-backed Hezbollah militia in the Yemeni conflict.
- Yemen has been wracked by civil war since 2014 pitting the government against the Huthis who control much of the north.
Economy
Afghanistan’s asset freeze hurts everyone
To avoid giving the Taliban access to Afghanistan's reserves, Washington froze an estimated $10 billion held by the central bank...
- Ordinarily, the reserves could be dipped into to pay overdue government bills and development projects, but the freeze has trickled down to the rest of the economy.
- The United Nations Security Council on Wednesday unanimously adopted a US resolution to help humanitarian aid reach desperate Afghans.
Geostrategy
Israel approves $317m plan to double settlers in occupied Golan Heights
Around 25,000 Israeli settlers live in the Golan Heights, along with some 23,000 Druze, who remained on the land after...
- Prime Minister Naftali Bennett presented his one billion shekel ($317 million) program to improve housing, transportation, tourism and medical facilities in the area.
- Former US president Donald Trump, widely viewed as pro-Israeli, granted US recognition to Israeli sovereignty over the Golan in 2019.
Economy
Climate crisis puts oil in the crosshairs, but dependence persists
The International Energy Agency warned in May that an immediate halt to new investment in fossil projects is needed if...
- Fossil fuels, represent 80 percent of energy consumed, and were explicitly blamed for driving climate change at COP26
- This was not the case when the Paris climate pact was reached in 2015
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
Iran says to target US bases if conflict breaks out
"All its bases are within our reach, we have access to them, and without hesitation we will target all of...
Geostrategy
Company News
British Steel to cut 2000 jobs
Business
Latest News
Qatar Airways’ CEO to quit
Business
Chevron to acquire Hess
Business
Israeli ministers join thousands at rally for Gaza settlement
The firebrand politician Itamar Ben-Gvir said Israel should "encourage voluntary emigration" of Palestinians from Gaza, echoing past remarks that drew...
Houthi rebels open seized cargo ship to sightseers
For about a dollar per trip, male-only groups of visitors can board wooden boats five times a week to the...
Geostrategy
US vows to respond after troops killed in Jordan
US President Joe Biden held Iran-backed fighters responsible for the killing of US troops and vowed to hold the perpetrators...
Geostrategy
Most Read
Geostrategy
US, Egypt, Qatar and Israel officials in Paris talks for Gaza ceasefire
French authorities were also in touch with these four countries with the aim of negotiating a halt to hostilities between...
- Negotiators were getting closer to an agreement under which Israel would suspend its war in Gaza for about two months in return for the release of more than 100 hostages.
- Qatar is playing a key role in the latest talks after brokering a hostage release deal in November.
Geostrategy
UN chief calls for continuity in aid as battle rages in Gaza
Heavy fighting raged in Gaza amid a row over the UN agency for Palestinian refugees that has called its future...
- The Israeli army said special forces were continuing to engage in "intensive battles" in Gaza's main southern city of Khan Yunis.
- UNRWA said it had fired several employees over Israel's accusations of its staff
Economy
US Fed rate cuts become question of when, not if
Washington, United States -- The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as...
- In economic forecasts published alongside the last Fed decision, policymakers indicated that they expect as many as three quarter percentage-point rate cuts this year.
- Fed interest rate cuts can help reduce the cost of consumer loans, making everything from cars to mortgages more affordable for millions of households.