Warner Brothers Discovery will split company to build streaming
The move, which reallocates assets such as HBO Max and CNN, is the latest reflection of how streaming is remaking...
Arts & Culture
Qualcomm to Alphawave for $2.4 bn
The deal makes Alphawave the latest tech company to depart London.
Business
Business
A big haul of captagon shipments seized in Lebanon, Syria
Security forces in Lebanon and Syria said Saturday that they had seized two separate shipments of the banned stimulant captagon,...
- The pills were confiscated following raids this week on a storage facility in Bir Hassan, a neighborhood near Beirut's southern suburbs
- It said it arrested two men behind the operation, including one who was trying to flee the country through Beirut's airport
Geostrategy
Hamas says short circuit caused fire in oxygen depot
An electrical short circuit in a store containing oxygen supplies for Covid patients caused the blast that rocked a Palestinian...
- One man died of his injuries in Friday night's explosion that left a few people wounded
- The explosion, which blackened the walls and shattered windows of a nearby mosque, was caused by an electrical short circuit
Business
Stolen Maradona watch found in India
Indian police have recovered a stolen watch customized for star footballer Diego Maradona and arrested a suspect behind the alleged...
- Police said they detained Wazid Hussain in the northeastern state of Assam and recovered a Swiss-made Hublot watch
- The 37-year-old had been working as a security guard since 2016 at a Dubai-based firm where memorabilia relating to the Argentinian footballer were stored
US hits Chinese, North Korean firms with sanctions
Timed for International Human Rights Day and supported in part by Britain and Canada, the sanctions took aim at officials...
- The US Treasury Department said China's artificial intelligence company SenseTime took part in the sweeping oppression of Uyghurs
- The sanctions and blacklisting can prevent individuals from obtaining visas to the United States and block assets under US jurisdiction
Business
African migrants fuel recycling in Turkey capital Istanbul
Afghans have joined Kurds, the Laz, Roma and other ethnic minorities and undocumented migrants in doing work others snub. For...
- Diving headfirst into dumpsters, these migrants dig up plastic bottles, glass, and other waste they then sort and sell in bulk
- This is a self-organized, unregulated business that keeps the city clean, and these impoverished people fed
Geostrategy
Palestinians in West Bank villages hold municipal polls
No legislative or presidential election has been held in the Palestinian territories for 15 years.
- No legislative or presidential election has been held in the Palestinian territories for 15 years
- Of the 367 villages in the West Bank, 60 had no candidates standing and another 162 had a single list
Turkey pledges to protect Mediterranean Sea
Turkey, the last G20 country that ratified the Paris climate agreement, faces criticism for how it treats its water.
- Microplastics pollution in the Mediterranean Sea poses a threat to marine life
- Turkey’s southern shores on the Sea of Marmara has witnessed the largest outbreak of ‘sea snot’
Geostrategy
France to open classified Algerian War archives
The files cover criminal investigations during the 1954-1962 war of independence and are likely to confirm the widespread use of...
- The files cover criminal investigations during the 1954-1962 war of independence and are likely to confirm the widespread use of torture and extra-judicial killings by French force
- The announcement comes as France seeks to defuse a major diplomatic crisis between the two countries
Economy
S&P lowers Turkey outlook to negative, citing ‘rising risks’
Turkey's annual inflation has surged above 20 percent to its highest level in three years after President Recep Tayyip Erdogan...
- The move was part of Erdogan's strategy to revive his sagging approval numbers ahead of an election due by 2023
- In justifying its outlook downgrade, S&P pointed to both price increases and the lira currency's loss in value as risks
Business
Qatar and ExxonMobil sign Cyprus gas deal despite Turkey opposition
US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided...
- It is the second gas exploration contract that the consortium has signed for Block 5 in the island's Exclusive Economic Zone.
- In February 2019, the consortium discovered a huge natural gas reserve off Cyprus in Block 10, the island’s largest find to date.
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
Warner Brothers Discovery will split company to build streaming
The move, which reallocates assets such as HBO Max and CNN, is the latest reflection of how streaming is remaking...
Arts & Culture
Company News
Nokia to slash 14,000 jobs
Business
Latest News
French court censures parts of controversial immigration law
PARIS, FRANCE - France's top constitutional authority on Thursday rejected parts of a controversial immigration bill adopted under pressure from the...
Geostrategy
US economy defy expectations to grow stronger in Q4 2023
Washington, US - US economic growth was stronger than expected in the final months of 2023, government data showed Thursday, offering...
Economy
Libya requires $1.8bn to rebuild flood-devastated areas, says report
TRIPOLI, LIBYA - The flood that devastated Libya's eastern port city of Derna last year has impacted up to 1.5 million...
Geostrategy
Most Read
Geostrategy
UN says Israel army orders Gazans to leave shelter hit by tank fire
"The army called the UNRWA official through the loudspeaker, she went over to them next to the tanks, and they...
- Twelve people were killed Wednesday when two tank shells struck the shelter, where thousands had taken refuge, UNRWA said.
- The health ministry said Israeli forces on Thursday killed 20 people waiting for humanitarian aid to be distributed on the outskirts of Gaza City.
Israel far-right minister slams Qatar over Hamas attack
Finance Minister Bezalel Smotrich commented after Prime Minister Benjamin Netanyahu was caught on tape allegedly telling hostages' families this week...
- Qatar is the "patron of Hamas and is largely responsible for the massacre committed by Hamas of Israeli citizens", Finance Minister Bezalel Smotrich said on X
- Smotrich's remarks come as Biden's Middle East envoy was in the region for talks aimed at brokering a new deal to free the remaining captives in exchange for a pause in fighting
Business
US approves inspection program to return Boeing 737 MAX to service
The FAA announcement is a major step after the agency grounded 171 MAX 9 planes after the January 5 incident...
- Shortly after Federal Aviation Administration announced inspection protocols on Boeing 737 MAX 9, United Airlines said it expects grounded aircraft to return to service starting
- "We will only return each MAX 9 aircraft to service once this thorough inspection process is complete," said a statement from Toby Enqvist, United's chief operations officer