Apple under pressure to shine after AI stumble
Apple will showcase plans for its coveted devices and the software powering them at its annual Worldwide Developers Conference (WWDC)...
Business
Trump says Musk has ‘lost his mind’ as feud fallout mounts
Washington, United States - US President Donald Trump said Friday that Elon Musk had "lost his mind" but insisted he...
Economy
Geostrategy
Morocco says it rescued 147 African, Asian migrants
In May, around 8,000 North African migrants swam to Spanish from Morocco which resulted diplomatic crisis between these two countries.
- Morocco became a transit country for African migrants trying to reach Spain
- Migrants were traveling in inflatable boats to cross the Strait of Gibraltar
Geostrategy
Israel Bill to limit PM’s term passes first reading
"Continuous power in the hands of a single person is bad for democracy," Justice Minister Gideon Saar said.
- "Continuous power in the hands of a single person is bad for democracy," Justice Minister Gideon Saar said
- The vote on the Bill which was passed by 66 deputies in the 120-member Knesset would need three readings to become law
Business
Turkey turns to OECD agreement instead of digital tax
The US Treasury has said in a statement that the deal with Turkey "represents a pragmatic solution.”
- Turkey had levied 7.5 percent tax on foreign tech firms that generate at least $1.7 million per year in revenue in the country
- In response, the US had imposed, but did not collect, tariffs on Turkey, which it will do away with now
Geostrategy
Israel, Jordan agree US-brokered solar power for water deal
Ministers from the neighbouring countries inked the US-brokered agreement at a Dubai Expo event joined by John Kerry, the US...
- Jordan is one of the world's most water-deficient nations and its cooperation on water with Israel dates back to before the two established formal relations
- Israel is also a hot, dry country, but its advanced desalination technology has opened opportunities for selling fresh water
Economy
Iran says hopes for ‘constructive’ visit by IAEA chief
The landmark nuclear deal was torpedoed in 2018 by then US president Donald Trump's unilateral decision to withdraw Washington from...
- "We hope that Rafael Grossi's visit will be as constructive as the previous ones," foreign ministry spokesman Saeed Khatibzadeh told reporters.
- On Friday, the IAEA said Tehran had again increased its stockpile of highly enriched uranium, many times in excess of the limit laid down in the 2015 agreement.
Geostrategy
Bahrain claims arrest of Iran-linked armed gang of terrorists
Bahrain has been hit by waves of unrest since 2011, when security forces crushed protests demanding a constitutional monarchy and...
- The ministry gave no further details, including on how many people were arrested or their nationalities.
- Bahrain accuses Iran of provoking unrest in the Gulf kingdom, an allegation Tehran denies.
Geostrategy
Iran says hopes for ‘constructive’ visit by chief of UN’s nuclear watchdog
Rafael Grossi, head of the International Atomic Energy Agency was expected to meet Foreign Minister Hossein Amir-Abdollahian and Atomic Energy...
- On Friday, the IAEA said Iran's stockpile of highly enriched uranium was above the limit laid down in the 2015 agreement.
- Grossi was last in Tehran on Sept.12, where he clinched a deal on access to monitoring equipment at Iran's nuclear facilities.
Business
Mosul restaurant brings robot waiters to Iraq
The robots being used in the restaurant are imported but the installation, applications and their servers are managed by the...
- Guests in a restaurant in Mosul order their meal digitally, through the 15 touch-screen built into the dining table
- Electronic workers or robots are already being used in Japan, Dubai and other European countries
Economy
Imports imperil Jordanian makers of handcrafted shoes
According to the country's Shoe Manufacturers Association, there used to be over 250 shoe workshops and factories in Jordan, employing...
- According to the country's Shoe Manufacturers Association, there used to be over 250 shoe workshops and factories in Jordan, employing about 5,000 people
- The country has now around 100 workshops and less than 500 workers, according to Naser Theyabat, head of the association
Geostrategy
Sudan PM Hamdok reinstated after coup; allies cheer
Sudan's deposed prime minister Abdalla Hamdok and General Abdel Fattah al-Burhan, who ousted him a month ago, signed a breakthrough...
- The UAE, welcoming the move, said in an official statement that it “wished full success for all Sudanese parties in their next endeavors”
- The OIC also welcomed the agreement, with its Secretary-General Hussein Ibrahim Taha praising the country’s “return to the constitutional path”
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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
Apple under pressure to shine after AI stumble
Apple will showcase plans for its coveted devices and the software powering them at its annual Worldwide Developers Conference (WWDC)...
Business
Company News
JPMorgan Q3 profit at $13.2bn
Business
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Alhokair Group wins $202m contract
Alpha Facilities Contracting Company has awarded the contract.
Business
Fit at 40: the revolutionary Apple Mac in numbers
Paris, France - Forty years ago Steve Jobs revolutionised personal computing by launching the Apple Macintosh, the first PC with a...
Business
Do Kwon’s Terraform Labs files for US bankruptcy
Kwon, who co-founded Terraform in 2018, was arrested last year in Montenegro and is awaiting extradition to the United States...
Business
Most Read
Geostrategy
EU foreign ministers to meet Israeli, Palestinian diplomats
The bloc's foreign policy chief Josep Borrell risked incurring Israel's wrath by accusing it on Friday of having "created" and...
- EU ministers will first meet with Israel's FM and then with the PA's top diplomat Riyad al-Maliki
- A high-ranking EU official said there were no expectations of any breakthroughs
Wounded Gazans get medical care on French hospital ship
Israel responded with a military offensive that has killed at least 25,105 people in Gaza, mostly women and children, according to...
- French warship began treating patients in November, off the coast of the port of El-Arish, 50 kilometers (30 miles) west of the Egyptian border with Gaza
- French doctor Marine, who is serving aboard the Dixmude said the warship has so far received 120 patients, all serious cases who needed long periods of hospitalization
Business
Sony ends merger deal with Zee
It pulled out of the US$10bn merger of its Indian operations.
- According to media reports, Sony had sent a termination notice to Zee and that a formal announcement was expected soon
- The reports said that Sony cited conditions of the merger agreement not being met as the reason for the decision