Mediators Egypt, Qatar, others ‘concerned’ about Israel opening one-way Gaza exit
The countries voiced "their absolute rejection of any attempts to expel the Palestinian people from their land" and said they...
Geostrategy
US private sector lost 32,000 jobs last month in surprise drop
President Donald Trump has been touting the economy's health, and forecasts had incorrectly predicted the monthly data would show a...
Geostrategy
Geostrategy
UN watchdog chief says Iran ‘not far’ from nuclear bomb
The United Nations nuclear watchdog chief Rafael Grossi warned on Wednesday that Iran was "not far" from possessing a nuclear...
- Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons, an allegation Tehran has consistently denied
- The UN watchdog was tasked with overseeing Iran's nuclear programme and its compliance with a 2015 nuclear deal which collapsed three years later
Economy
F1 on Jeddah’s streets – talking points ahead of the Saudi Arabian GP
Jeddah, Saudi Arabia - This weekend's Saudi Arabian Grand Prix is the final leg of the first 'triple header' of...
- Red Bull's problems in Bahrain were well documented, and they will be desperate to bounce back on one of their favourite hunting grounds
- The fastest street circuit on the calendar offers multiple chances for overtaking, in stark contrast to the most famous street circuit of them all, Monaco
Geostrategy
Israel says 30% of Gaza now buffer zone, escalates offensive and maintains aid blockade
Prime Minister Benjamin Netanyahu also ordered security chiefs and negotiators to keep pressing for the release of hostages held by...
- Prime Minister Netanyahu also ordered security chiefs and negotiators to keep pressing for the release of hostages held by Hamas in Gaza
- The Israeli military said that it had "achieved full operational control over several key areas and routes throughout the Gaza Strip."
Business
Meta to start using Europeans’ data for AI training May 27
Paris, France -- Meta will start using public posts and comments by its European users to train generative artificial intelligence...
- Meta, the owner of Facebook, Instagram and Threads, said earlier it would develop its AI models with European users' public content and conversations with the Meta AI chatbot.
- That means anything from Instagram photo captions to Facebook comments could soon be fair game for Meta AI, though private conversations via WhatsApp will be excluded.
Economy
Global economy under pressure could slow to 2.3 percent: UNCTAD
UNCTAD report '"Trade and Development Foresights 2025 – Under pressure: Uncertainty reshapes global economic prospects” cited mounting threats including trade...
- Rising trade tensions are impacting global trade, with UNCTAD noting that recent tariff measures are disrupting supply chains and undermining predictability.
- The slowdown will affect all nations, but UNCTAD remains concerned about developing countries and especially the most vulnerable economies.
Geostrategy
US approves $825 mn Stinger missile sale to Morocco
The United States on Tuesday announced the approval of an $825 million sale of up to 600 Stinger anti-air missiles...
- The proposed sale will improve Morocco's capability to meet current and future threats, the US Defense Security Cooperation Agency (DSCA) said in a statement
- This will contribute to the Moroccan Army's goals of updating capability and further enhancing interoperability with the US and other allies, the statement added
Science
War against elite universities: Trump ramps up conflict against defiant Harvard
Cambridge, United States - President Donald Trump escalated his war against elite US universities Tuesday with a threat to strip...
- Harvard stands out for defying Trump, in contrast to several other universities and a string of powerful law firms that have folded under intense pressure
- The impacts are already being felt on a campus that has produced 162 Nobel prize winners and whose alumni range from Facebook co-founder Mark Zuckerberg to 8 US presidents
Business
Nvidia expects $5.5 bn hit as US targets chips sent to China
Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing...
- US officials last week told Nvidia it must obtain licenses to export its H20 chips to China because of concerns they may be used in supercomputers there
- Shares of Nvidia, which have already seen high volatility since Trump's April 2 tariffs announcement, were down over six percent in after-market trades
Geostrategy
Netanyahu visits Gaza as Hamas warns hostages may die amid continued Israeli offensive
Israeli Prime Minister Benjamin Netanyahu visited northern Gaza Tuesday, his office announced, as the military kept up the offensive it...
- Hamas said on Monday it had received a new truce offer from Israel that foresees the release of 10 living hostages in exchange for a 45-day ceasefire
- Another Hamas official said Israel had also demanded that the Palestinian militants disarm to secure an end to the Gaza war, but said this crossed a "red line."
Business
Denmark’s Royal Unibrew adds AI colleagues into workforce
Fakse, Denmark -- They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only...
- Royal Unibrew in Denmark has introduced five virtual AI colleagues with names and backstories to assist human employees with routine tasks and information retrieval.
- The company reports increased engagement since adding photos to the AI agents, and employees interact with them through chats and emails for enhanced efficiency.
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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
Mediators Egypt, Qatar, others ‘concerned’ about Israel opening one-way Gaza exit
The countries voiced "their absolute rejection of any attempts to expel the Palestinian people from their land" and said they...
Geostrategy
Company News
Latest News
Meta activates Facebook ‘teen accounts’ worldwide
Paris, France -- Meta said Thursday it was activating so-called "teen accounts" with additional protections for adolescent Facebook and Messenger...
Geostrategy
UAE raises $299 million in Islamic Treasury Sukuk auction
Abu Dhabi, UAE — The UAE Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE, has...
Business
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Geostrategy
‘A child killed every hour’: UN humanitarian chief slams impunity in face of Gaza ‘horror’
After nearly two years of war, Israeli military operations have killed at least 65,419 Palestinians, mostly civilians, according to the...
- In recent weeks Israel has launched a major air and ground offensive on Gaza City in a bid to root out Hamas, exacerbating already dire humanitarian conditions there
- Large parts of Gaza have been laid to waste, and last month a body backed by the United Nations officially declared famine in part of the territory
Geostrategy
Yemen drone attack wounds 22 in Israeli resort town: army, rescuers
Israel's military said a drone launched from Yemen struck the southern resort town of Eilat on Wednesday, with rescuers reporting...
- A military statement said the drone "fell in the area of Eilat" on the Red Sea coast after air defences had failed to intercept it, in the second such incident within days
- Israel's Magen David Adom emergency medical service said its teams had treated 22 casualties, including two men, aged 26 and 60, who were in serious condition with shrapnel wounds
Business
WhatsApp, Twitch among sites that could face Australia under-16s social media ban
Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more...
- The head of Australia's eSafety Commissioner, Julie Inman Grant, has written to 16 more companies to "self-assess" whether they fall under the ban's remit
- Companies will need to make a case if they believe their platform should be exempt from the ban, the national broadcaster ABC said