Israel admits to supporting anti-Hamas armed group in Gaza led by Yasser Abu Shabab
Prime Minister Benjamin Netanyahu admitted that Israel is supporting an armed group in Gaza that opposes the militant group Hamas,...
Geostrategy
Israel army issues evacuation warning for parts of Gaza City
"This is a final and urgent warning ahead of an impending strike,"Â army spokesman Avichay Adraee said. The army "will strike...
Geostrategy
Geostrategy
G7 calls for Belarus to end migrant crisis immediately
G7 foreign ministers urged Belarus Thursday to end a migrant crisis on its border with Poland, accusing it of callously...
- Several thousand migrants, most of them from the Middle East, are camping in freezing conditions along the Polish border in the hope of getting into the EU
- The West accuses Belarus of having deliberately created the surge
Geostrategy
‘Hundreds’ of fake Lebanese degrees sold to Iraqis
Iraq has summoned its cultural attache in Beirut for an investigation into the alleged sale of fake Lebanese university degrees...
- Higher education degrees are often a prerequisite for coveted government posts in Iraq.
- The fake degrees, numbering in their hundreds, cost "between $5,000 for a master's degree and $10,000 for a PhD, an official said.
Business
Alibaba’s profit falls 81% as China cracks down on big tech
Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter tumbled 81 percent as...
- Alibaba said profit came in at 5.37 billion yuan ($833 million) for the July-September period, falling from 28.77 billion yuan earned over the same stretch last year
- However, its revenue for the period also slightly missed forecasts by analysts polled
Geostrategy
Erdogan calls for ‘continued dialogue’ with Israel
President Recep Tayyip Erdogan on Thursday spoke by phone with Israeli counterpart Isaac Herzog, in a rare exchange between the...
- The phone call came a few hours after an Israeli couple held in Turkey for a week on suspicion of espionage were released
- Erdogan told Herzog during the phone call that the continuation of contact and dialogue between Turkey and Israel was in their "mutual interest"
Geostrategy
Lebanon imposes curbs for Belarus-bound air passengers
All airlines operating from Beirut must limit passengers departing on direct or indirect flights to Belarus to Belarusian citizens, Lebanese...
- Thousands of migrants, mainly from the Middle East, are staying on the Belarus-Poland border in what the West says is a crisis engineered by Minsk.
- The number of flights between Beirut -- home to Lebanon's only international airport for commercial flights -- and Minsk has also been cut back recently.
Economy
Turkish lira sinks as central bank cuts interest rate
The Turkish lira sank further on Thursday as the central bank slashed interest rates for the third consecutive month following...
- The bank cut its policy rate from 16 to 15 percent despite rising inflation and a fast-depreciating currency
- The lira, the worst performing emerging market currency in 2021, sank to an all-time low of 10.98 against the dollar ahead of the announcement
Geostrategy
Israel couple accused of spying in Turkey back home after release
Mordi and Natali Oknin were detained last week after visiting the newly opened Camlica Tower -- Istanbul's tallest building.
- Mordi and Natali Oknin were detained last week after visiting the newly opened Camlica Tower -- Istanbul's tallest building
- A court in the city charged them with "political and military espionage" for allegedly taking a photograph of Turkish President Erdogan's home
Arts & Culture
Turkish band recycles rubbish into sounds
A percussionist who specialises in Latin jazz, Artuc bangs on discarded plastic mannequins to produce various sounds for Fungistanbul.
- A percussionist who specialises in Latin jazz, Artuc bangs on discarded plastic mannequins to produce various thumping sounds for Fungistanbul
- The focus on garbage is especially poignant in a city that last summer saw a thick layer of muck cover patches of the Sea of Marmara
Geostrategy
Lebanon restricts Belarus-bound air passengers
Lebanon has said only foreigners with Belarusian residency permits would be allowed to fly from Beirut to the ex-Soviet country....
- Thousands of migrants, mainly from the Middle East, are staying on the Belarus-Poland border
- The West says this is a crisis engineered by Belarus to try to divide the EU and hit back against sanctions
Geostrategy
Iran has again boosted uranium stockpile, IAEA reports
An IAEA report, which said Iran's stockpile of highly enriched uranium is in excess of the limit laid down in...
- A spokesman for Iran's atomic agency said on Wednesday that IAEA chief Rafael Grossi would arrive in Tehran on Monday.
- Britain, China, France, Germany and Russia will join the talks on Nov. 29 while the United States will participate indirectly.
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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
Israel admits to supporting anti-Hamas armed group in Gaza led by Yasser Abu Shabab
Prime Minister Benjamin Netanyahu admitted that Israel is supporting an armed group in Gaza that opposes the militant group Hamas,...
Geostrategy
Company News
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UAE foreign investment projects second highest in world: UNCTAD
Abu Dhabi, UAE -- The UAE recorded the second-highest increase in the number of new foreign investment projects around the...
Business
AI and death: Sundance films grapple with our digital afterlife
Park City, United States -- Artificial intelligence promises to make death "optional," as the technology learns to perfectly emulate our personalities,...
Arts & Culture
ArcelorMittal wants ‘amicable solution’ on Italy steelworks
ROME, ITALY - ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome...
Business
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Geostrategy
Hamas says Gaza deaths top 25,000 as Israel pushes offensive
"Dozens are still under the rubble," the Hamas government's media office said, adding that the dead and injured "could not...
- The UN agency for Palestinian refugees says about 1.7 million people have been displaced in Gaza, with about one million crowded into the Rafah area.
- Rising tensions and violence across the Middle East have also stoked fears of a wider conflagration involving Iran-backed groups in Lebanon, Iraq, Syria and Yemen.
Geostrategy
Hamas chief holds talks with Turkish FM: sources
Istanbul served as a base for Hamas political leaders before the October 7 attacks. Turkey asked the Hamas chiefs to...
- The two sides discussed increasing humanitarian aid, and a two-state solution
- The Turkey's foreign minister and Hamas's chief last had official contact in a phone call in October
Economy
Turkey’s central bank chief denies nepotism allegations
In a statement posted Friday on X, formerly Twitter, Erkan denounced the reports as "unfounded allegations" designed to undermine confidence...
- Hafize Gaye Erkan, 44, the first woman to be appointed president of the bank, granted her father Erol Erkan special favors, according to recent press reports
- He enjoyed an office, an official car and bodyguards, former bank employee turned whistle-blower Busra Bozkurt told the daily newspaper Sozcu, which is close to the opposition