Musk to exit US government role after rare break with Trump
Washington, United States - Billionaire Elon Musk on Wednesday announced he was leaving his role in US government, intended to...
Business
UN says 70% chance that 2025-2029 average global warming will exceed 1.5C threshold
The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in...
Science
Despite economic crisis, Lebanon to reopen schools
Rights groups have decried an “education catastrophe”, with more than a million children in Lebanon out of school since the...
- Rights groups have decried an “education catastrophe”, with over a million children in Lebanon out of school since the country’s Covid-19 outbreak began in February last year
- Other students are at risk of never returning due to a financial downturn that has seen poverty rates soar to reach 78 percent of the population
Russia, Turkey to sign new S-400 missile contract
Turkey's initial purchase of S-400s from Russia soured relations with the US and its NATO allies
- Turkey's initial purchase of S-400s from Russia soured relations with the US and its NATO allies
- The United States sanctioned Ankara and has threatened to impose more sanctions if the country bought more major military systems from Moscow
US oil prices soar
At 1355 GMT a barrel of WTI, the main US contract, for October delivery was 5.0 percent higher at $65.26...
- At 1355 GMT a barrel of WTI, the main US contract, for October delivery was 5.0 percent higher at $65.26 dollars
- The main international contract, Brent for October delivery was up 4.7 percent at $68.25
Graft, security issues feed the trade in Iraq’s past
The boom in looted objects from antiquity is a real problem in Iraq, where corruption is prevalent and archaeological sites...
- The boom in looted objects from antiquity is a real problem in Iraq, where corruption is prevalent and archaeological sites are poorly protected
- Sumerians, Assyrians and Babylonians all trod on the ancient land that is now Iraq, and that makes it a land of choice for smugglers.
Bitcoin jumps above $50,000 for first time since May
Bitcoin has been on a rollercoaster this year. After hitting $65,000 in April it tumbled below $29,000 in June, and...
- Bitcoin has been on a rollercoaster this year. After hitting $65,000 in April it tumbled below $29,000 in June, and is now back above $50,000
- In April, PayPal-owned mobile payments service Venmo began letting users in the US buy, hold or sell cryptocurrency using its app
Iraq seeks role as mediator with regional summit
The meeting in Baghdad on Saturday seeks to give Iraq a "unifying role" to tackle the crises shaking the region
- The meeting in Baghdad on Saturday seeks to give Iraq a "unifying role" to tackle the crises shaking the region
- Leaders from Iran, Saudi Arabia and Turkey have also been invited
Business
Bitcoin jumps above $50,000
The unit climbed around two percent to $50,249.15, its highest since mid-May.
- The cryptocurrency has now risen more than 70 percent from the six-month lows below $29,000 touched in June
- Bitcoin was tumbling on a range of issues including China's crackdown on cryptocurrencies since mid-May
Arts & Culture
Graft, security issues feed trade in Iraq’s past
Do you want to buy a more than 3,000-year-old Sumerian tablet, listed as the property of a gentleman from Sussex...
- The purchased antiquity may not be handed down but handed on, via smugglers and middlemen
- Also, the ownership history of some such objects can be harder to prove
Currency war in Yemen opens up a gulf in riyal values
Alongside a grinding seven-year military conflict, Yemen's government and the Huthi rebels are locked in battle on another front --...
- Both the government and the Iran-backed Huthis used the same notes until late 2019 when the rebels banned new banknotes printed in government-run Aden
- The resulting difference in money supply has since seen the riyal's value plummet to around 1,000 to the dollar in government areas
Prices at pump soar in Lebanon after new subsidy cut
The cost of hydrocarbon fuels in Lebanon has now roughly tripled in the two months
- The cost of hydrocarbon fuels in Lebanon has now roughly tripled in the two months
- Dire shortages have seen Lebanon's people struggle to find enough fuel to drive to work
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
Musk to exit US government role after rare break with Trump
Washington, United States - Billionaire Elon Musk on Wednesday announced he was leaving his role in US government, intended to...
Business
Company News
Latest News
Libya declares ‘force majeure’ at major oilfield amid protests
Tripoli, Libya -- Libya's state-owned energy firm said on Sunday it had declared a state of "force majeure" at Al-Sharara oilfield...
Geostrategy
Turkish Airlines grounds Boeing 737 MAX 9 jets amid inspection orders
Turkish Airlines said that it would stop flying five Boeing 737 MAX 9 jets in its fleet even as the...
Geostrategy
Gaza war rages into fourth month as Blinken tours Middle East
Jordan's king urged Blinken to push for a ceasefire in Gaza and an end to the humanitarian crisis brought by...
Geostrategy
Most Read
Geostrategy
UK announces Europe’s first high-tech uranium fuel plant
HALEU fuel is needed to power many of the next generation of advanced nuclear reactors, including so-called small modular versions...
- UK government said it would invest $382 million building a high-assay low-enriched uranium programme that would help "displace" Moscow from global energy mar
- The British investment is part of plans to deliver up to 24 gigawatts of electricity from nuclear power by 2050, a quarter of the United Kingdom's electricity needs
Geostrategy
Palestinians rebury bodies exhumed from Gaza cemetery
The footage from the cemetery in Al-Tuffah neighbourhood in Gaza City showed bodies wrapped in bags and laid out on...
- Hamas on Saturday accused the Israeli military of "destroying 1,100 graves"
- Israeli brutal bombardment in Gaza has killed at least 22,722 people
Geostrategy
US military shoots down another drone over Red Sea
The Houthis say they are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in Gaza....
- Maersk said Friday that it would divert all vessels around Africa instead of using the Red Sea
- The rebels have launched more than 100 drone and missile strikes in Red Sea