NATO learns as Ukraine’s Operation Spider’s web changes battlefield: NATO Commander
Brussels, Belgium - Ukraine's "creativity", including its massive "Spider's web" drone attack deep inside Russia, holds profound lessons for Western...
Geostrategy
Israel says to block Gaza-bound aid boat carrying Greta Thunberg
I have instructed the military to prevent the Madleen flotilla from reaching Gaza," Israeli Defense Minister Israel Katz said in...
Business
European Union fines major banks 344 million euros over forex cartel
Brussels slapped fines totaling 344 million euros (390 million dollars) Thursday on Barclays, RBS, HSBC and Credit Suisse after finding...
- Barclays, RBS, HSBC and Credit Suisse were fined and UBS's fine was reduced to zero as it voluntarily came forward to cooperate with regulators.
- These fines brought to an end the third part of an investigation that has been ongoing since 2013 and which had already resulted in more than one billion euros in fines in 2019.
Geostrategy
Iran says nuclear deal ‘within reach’ if West shows goodwill
Iran's top diplomat said Thursday that an agreement to revive his country's nuclear deal with world powers was "within reach"...
- The talks resumed on Monday after Iran paused them in June after the election of ultraconservative President Ebrahim Raisi.
- European diplomats had warned that they would assess the "seriousness" of Iran's position in the next 48 hours.
Economy
World needs $41bn aid for vulnerable next year: UN
The annual appeal by UN agencies and other humanitarian organisations said that providing aid to the 183 million most vulnerable...
- The pandemic has forced 20 million people into extreme poverty, but the Omicron variant would cause more damage, said the UN
- It has asked donors for more fund as Covid-19, the climate crisis, and wars left millions of people helpless
Science
WHO warns of ‘toxic mix’ as EU chief mulls mandatory Covid jabs
Nations with high vaccination rates are also struggling to contain rising infection numbers of Covid-19.
- Dozens of countries have imposed travel restrictions mostly targeting southern African nations
- Omicron threatens the world’s recovery and lowered growth estimates from 5.7% to 5.6%
Arts & Culture
Tunisia women mix beats and break taboos
Fouchika Junior, one of Tunisia's rare female DJs is helping other women break into a male-dominated world.
- Fouchika Junior, one of Tunisia's rare female DJs is helping other women break into a male-dominated world
- Since taking a three-day DJing course five years ago, she has mastered the decks and now plays various styles of house music in clubs across Tunis
Business
Libya sends first passenger ferry to Turkey in decades
Travel links with and within Libya were severely disrupted by the 2011 revolt that overthrew dictator Moamer Gadhafi.
- The ferry left the Libyan port of Misrata and was headed to Turkey's coastal city of Izmir
- Libya has not been serviced by any international ferries for 25 years
Economy
Saudi Arabia, UAE report first Omicron cases in Gulf
Saudi Arabi on Wednesday recorded its first case of Omicron variant infection, in a citizen its health ministry said had...
- The variant was first announced by South Africa but has since been discovered to have been present earlier in Europe
- It has prompted governments around the globe to reimpose travel restrictions, despite warnings from the WHO against such a move
Science
United States is world’s biggest plastic polluter, report finds
Overall, the US contributed around 42 million metric tons in plastic waste in 2016 — more than twice as much...
- On average, every American generates 130 kilograms of plastic waste per year
- Britain is next on the list at 99 kg per person per year, followed by South Korea at 88 kg per year
Business
Armani adopts fur-free policy
The company said it would no longer use angora wool.
- The company said it would no longer use the material across all of its lines from next year's fall-winter collection
- A growing number of fashion companies are adopting policies against using materials that require cruelty towards animals
Economy
Tel Aviv residents face soaring costs in world’s priciest city
Israel's cultural capital Tel Aviv is now more expensive than Paris, Singapore, Zurich, Hong Kong and New York.
- Israel's cultural capital Tel Aviv is now more expensive than Paris, Singapore, Zurich, Hong Kong and New York
- It climbed the list partly due to the strength of the national currency, the shekel, against the dollar, as well as increases in prices for transport and groceries
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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
NATO learns as Ukraine’s Operation Spider’s web changes battlefield: NATO Commander
Brussels, Belgium - Ukraine's "creativity", including its massive "Spider's web" drone attack deep inside Russia, holds profound lessons for Western...
Geostrategy
Company News
Latest News
UN chief terms Israeli rejection of two-state solution ‘unacceptable’
In a speech to the Security Council, UN Secretary General Antonio Guterres demanded that "Israel's occupation must end." Guterres warned...
Geostrategy
Mocktail mania in Saudi, where dry January lasts all year
Riyadh, Saudi Arabia - The concept was controversial: a pop-up bar offering bellinis and spritzes that, while non-alcoholic, were served in...
Business
Houthis order all US, British UN staff to leave Yemen within a month
The expulsion followed joint strikes by the United States and Britain against the Houthis aimed at ending the group's attacks...
Geostrategy
Most Read
Geostrategy
Iranian President Raisi to discuss Gaza war during Turkey visit
Raisi will meet Turkish counterpart Recep Tayyip Erdogan in the capital Ankara, making a visit that was postponed twice --...
- Raisi will meet Turkish counterpart Recep Tayyip Erdogan in Ankara, making a visit that was postponed twice -- once in November and once earlier this month
- The visit comes amid growing fears about the regional repercussion of the war in Gaza, which Israel launched in reprisal for October 7 attacks
Business
P&G posts mixed quarterly results
Earnings per share dropped 12 percent to $1.40.
- The company behind Bounty paper towels, Gillette razors and Tide detergent saw its revenue rise three percent from a year ago to $21.4 billion in the quarter ending in December
- This was slightly lower than expected, and analysts are eyeing the performance of P&G and other consumer companies on whether they can keep prices up even as inflation cools
Geostrategy
NATO to buy ammunitions worth $1.2 billion amid Ukraine war
The latest deals -- signed with French firm Nexter and Germany's Junghans Microtec -- are estimated by officials to cover...
- The ammunition stocks of NATO have drained after sending large-scale shipments to Ukraine as it battles Russia
- "It is important that our allies refill their own stocks as we continue to support Ukraine," NATO chief Jens Stoltenberg said