Israel says Gaza-bound aid boat activists awaiting deportation after their vessel intercepted
Swedish campaigner Greta Thunberg and other activists detained aboard a Gaza-bound aid boat have been taken to a Tel Aviv...
Geostrategy
MENA Mergers & Acquisitions deal value up 66% in Q1, hits $46 Billion
Dubai, UAE -- The Middle East and North Africa (MENA) region has kicked off 2025 with a record-breaking first quarter...
Business
Arts & Culture
Morocco state schools fail students, deepen inequality
The High Council for Education has said that government schools "are not giving the majority of pupils basic skills or...
- The situation has pushed many, including middle-class families, to tighten their belts so they can scrape together fees for private schools.
- Just nine percent of students in state secondary schools pass exams in French, Arabic and mathematics
Geostrategy
Top French Diplomat visits Algeria to mend relations
Addressing journalists after meeting President Abdelmadjid Tebboune, Jean-Yves Le Drian said the countries should move past "misunderstandings" and "wounds of...
- Macron, France's first leader born after the colonial era, has prioritized forging a modern relationship with former colonies.
- Earlier this year, he recognized that French officers tortured and killed Algerian lawyer Ali Boumendjel in 1957.
Business
Half of Iran’s civil jets grounded for lack of spare parts
The shortage represented more than half of the civilian aircraft in the sanctions-hit country, he said in an interview this...
- The shortage represented more than half of the civilian aircraft in the sanctions-hit country, he said in an interview this week
- According to the Iranian economic daily Financial Tribune, national carrier IranAir currently operates a fleet of 39 planes, the majority of them Airbus jets
Coalition says record drugs haul seized near Gulf in 2021
The value of the drugs seized by the Bahrain-based Combined TCommander of CTF 150, Royal New Zealand Navy Captain Brendon...
- The value of the drugs seized by the Bahrain-based Combined Task Force 150, or CTF 150, exceeded the past four years combined
- The haul including 6,550 kilograms of heroin, 4,052 kilograms of methamphetamine and 56,834 kilograms of hashish was all destroyed
Business
UAE biggest trading partner of Australia, relations between two growing
The UAE is Australia’s largest trading partner and the second-largest source of investment in the Middle East, said Justin McGowan,...
- Annual trade between the two countries is valued approximately at AU$9.8 billion ($7.1 billion).
- More than 250 Australian companies are based in the UAE, said Justin McGowan, Commissioner General of Australia at Expo 2020 Dubai.
Economy
Qatar and Turkey to extend currency swap deal between their central banks
Qatar and Turkey have announced they agreed to extend a currency swap deal between their central banks, as Ankara’s lira...
- The swap deal came during Turkish President Recep Tayyip Erdogan’s visit to Doha.
- The agreement in 2018 was extended for the first time in May 2020, with the overall limit increased from $5 bn equivalent of Turkish lira and Qatari riyal to $15 bn.
Business
Iraqi fishermen caught in net of water frontiers
Iraqi fishermen at Al-Faw, such as Tareq Ziad, complain of "being harassed" by both Iran and Kuwait.
- Iraqi fishermen at Al-Faw, such as Tareq Ziad, complain of "being harassed" by both Iran and Kuwait
- The head of the fishermen's union in Al-Faw, Badran al-Tamimi, said they have "no support from the (Iraqi) government"
Business
Google shuts cybercrime ring
The ring had infected 1 million devices to carry out its work.
- Google says it has shut down a network of about 1 million hijacked electronic devices used to commit online crimes worldwide
- The so-called botnet of infected devices was cut off at least for now from the people wielding it on the internet
Geostrategy
ICJ orders Armenia and Azerbaijan to resolve dispute
Tensions have simmered for years over Nagorno-Karabakh, an ethnic Armenian region of Azerbaijan that broke away from Baku's control in...
- International court of Justice tells Azerbaijan to treat all Armenian prisoners lawfully
- Azerbaijan welcomed the ruling of ICJ, which was first formed to resolve the disputes of World War II
Science
WHO allays Omicron fears, says it may not dodge all vaccines
According to WHO, the existing vaccines might prove less effective against the new Omicron variant as it counts more than...
- Omicron is better at infecting those who are vaccinated or those earlier had Covid-19
- According to the South African data, the new variant of Covid-19 is likely more transmissible than previous variants
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
Israel says Gaza-bound aid boat activists awaiting deportation after their vessel intercepted
Swedish campaigner Greta Thunberg and other activists detained aboard a Gaza-bound aid boat have been taken to a Tel Aviv...
Geostrategy
Company News
Latest News
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...
Business
ECB to urge patience on rate cuts in battle against inflation
The central bank is tipped to leave rates unchanged for a third consecutive meeting, keeping the benchmark deposit rate at...
Economy
Clean energy largest driver of Chinese GDP growth in 2023: report
China is the world's biggest emitter of greenhouse gases driving climate change, but it is also the top producer of...
Most Read
Business
Nokia sees ‘challenging’ 2024
Last year, the company reported a profit of $739 million.
- Nokia and its Swedish rival Ericsson have launched cost-cutting programmes as their customers have reduced spending amid a slowing global economy.
- Nokia said last year it could cut its workforce by up to 14,000 people, reducing costs by up to 1.2 billion euros by 2026
Business
SK Hynix posts US$259.4m profit
The chip maker said the profit was boosted by strong sales.
- The company said it returned to profit after four consecutive quarters of losses driven by demand for chips used in AI
- The chip maker posted a quarterly profit in Q3 of 2022, after which it was hammered by an industry-wide downturn
Geostrategy
Qatar ‘appalled’ at alleged criticism by Netanyahu
Israeli prime minister accused Qatar of financing Hamas at a meeting this week with the families of hostages held in...
- Qatar was one of the mediators of a truce deal in November that led to the release of 105 hostages
- Its foreign ministry spokesman said his country was "appalled by the alleged remarks"