Tehran readies counter-proposal as Iran-US nuclear talks set to resume Sunday in Muscat
Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing...
Geostrategy
Volkswagen revenue up
Business
IBM claims ‘real world’ edge in quantum computing race
San Francisco, United States -- Technology veteran IBM on Tuesday laid out a plan to have a "practical" quantum computer...
Science
Geostrategy
Saudi exempts Iran Yemen envoy from air blockade for Covid treatment
Iran's ambassador flew out of the rebel-held Yemeni capital to receive Covid treatment Saturday in a rare exemption from an...
- The Irani envoy flew out of the rebel-held Yemeni capital to receive Covid treatment.
- Oman has frequently mediated with the rebels and remained neutral in Yemen conflict.
Business
Masses gearing up as NFTs enter video games
Non-fungible tokens are digital items whose certificates of authenticity and ownership are registered on blockchains, the technology behind cryptocurrencies.
- From art to fashion, the creative industries have been quick to experiment with this innovation
- NFTs, meanwhile, have sparked excitement and skepticism alike in the tech sector
Business
Here’s why FIFA wants a biennial World Cup
A controversial proposal of staging the FIFA World Cup championship every two years rather than the current four-year cycle is...
- FIFA is to hold an online global summit to discuss the feasibility of biennial world cups
- An association of 54 of FIFA's 211 members, the Confederation of African Football' supports the idea
Business
How do NFTs work? Here’s a peek
An NFT by digital artist Beeple was auctioned at Christie's in March for $69.3 million in March this year.
- Non-Fungible Tokens or NFTs are digital items that can be bought and sold using this blockchain technology
- However, they are not fungible, meaning an NFT cannot be exchanged for another NFT
Business
Morocco may see its its waste problem blow up as recycling lags
Morocco’s official recycling aim is 20 percent garbage by 2022 which has been moved to 2030.
- No domestic organic waste is treated at the factory because “it’s too expensive”
- Official data shows that 66 illegal rubbish dumps in Morocco have been regularized or closed
Geostrategy
Pentagon documents reveal ‘deeply flawed’ US air war in Middle East
Poor or inadequate surveillance footage often contributed to deadly targeting failures.
- The NYT obtained the Pentagon documents for its report through Freedom of Information requests beginning in March 2017
- The documents were also sourced from lawsuits filed against the Defense Department and the Central Command
Recyclers try to conquer mountains of waste in Tunisia
Tunisian authorities are scrambling to find new sites as most of the country's 11 official dumping grounds will close by...
- Tunisia produces 2.6 million tones of waste each year, 85 percent of which ends up in landfills, while the rest goes into informal dumps
- National waste management agency of Tunisia recently admitted that it lacks resources to control the situation
Economy
Turkey faces medicine crisis as currency loses value
Turkey has been rattled by a currency collapse that accelerated by President Recep Tayyip Erdogan’s last-month steps that defy conventional...
- The Turkish lira has lost more than 40 percent of its value since the start of November alone
- A lira could buy 13 US cents in January, but was worth less than half that this month
Arts & Culture
Algeria beat Tunisia to win Arab Cup in Qatar
Amir Sayoud scored a goal in the ninth minute of extra-time while Yacine Brahimi scored with the final kick of...
- Algeria made the breakthrough in extra time and were crowned Arab champions
- Both countries played without their European-based players in the finals of the Arab Cup
Geostrategy
After trade push, Turkey pledges 15m Covid-19 vaccines for Africa
Turkey has invested heavily in developing trade and diplomatic ties with Africa under Recep Tayyip Erdogan since 2003.
- Turkey is developing its own vaccine, known as Turkovac, which is in the process of receiving emergency use approval
- Following any authorization, it will be shared with Africa, President Recep Tayyip Erdogan has said
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
Tehran readies counter-proposal as Iran-US nuclear talks set to resume Sunday in Muscat
Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing...
Geostrategy
Company News
Volkswagen revenue up
Business
Latest News
‘Game changer’: Gene therapy offers hope for children born deaf
Paris, France - A gene therapy that has allowed several children born deaf to hear for the first time is being...
Science
End to war: World reacts to Gaza-Israel ruling
The reactions to the top UN court's ruling Friday in the Israel-Gaza case were split along the lines of the...
Geostrategy
Yemen’s Houthis claim attack on British oil tanker
US and British forces have launched two rounds of joint strikes aimed at reducing the Houthis' ability to target vessels...
Most Read
Business
Airbus and Tata to build helicopter assembly line in India
Paris, France - Airbus will build a helicopter assembly line in India with Indian conglomerate Tata, the European aircraft manufacturer said Friday....
- Airbus said the facility -- which will take two years to set up -- would be the first such operation to be run by a private group in India.
- Airbus CEO Guillaume Faury said making the helicopter in India would "unlock the true potential of the helicopter market in the country".
Business
Telegraph boss quits as UK investigates UAE-backed takeover
London, United Kingdom - The head of Britain's Telegraph Media Group has stepped down, the company announced on Friday, as the...
- TMG and parent company Press Acquisitions Limited said that chief executive officer Nick Hugh, in the post since 2017, had left his role with immediate effect
- The announcement came on the day the regulators were due to submit a review to the government laying out the potential impact of the attempted takeover by RedBird IMI
Market Report
Paris stocks hit record thanks to luxury
Europe's main stock markets shot higher, with Paris closing at a record high as shares in LVMH surged on record...
- Hong Kong stocks slumped after rallying for much of the week, as traders awaited guidance on more Chinese stimulus.
- Oil prices fell as traders banked profits from a strong week for crude.