G20 summit opens in South Africa without Trump
The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...
Geostrategy
Iran says no access to bombed nuclear sites without IAEA deal
Iran's Foreign Minister Abbas Araghchi said that the UN's nuclear watchdog would not be given access to Iranian nuclear sites...
Geostrategy
DEWA profit after tax $789m
Business
HRW accuses Israel of ‘war crime’ with ‘forcible transfer’ in Gaza
Human Rights Watch said in a report released Thursday that Israel's repeated evacuation orders in Gaza amount to the "war...
- "Israel's actions appear to also meet the definition of ethnic cleansing"- HRW
- 1.9 million Palestinians were displaced in Gaza as of October 2024
Geostrategy
Nations far apart in COP29 climate finance talks
According to the latest draft of the long-sought climate finance pact, most developing countries favor an annual commitment from wealthy...
- A new agreement to boost money for climate action in developing countries is the top priority
- COP29 runs until November 22 but climate talks often run into overtime
Geostrategy
UN nuclear chief heads to Iran for crucial talks
International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear...
- Israel has warned Iran it was "more exposed than ever" to strikes on its nuclear facilities
- Tehran has deactivated surveillance devices needed to monitor the nuclear program
Saudi Arabia appoints new CEO to drive NEOM’s mega-city project forward
In a big move, Saudi Arabia appoints Aiman al-Mudaifer as NEOM’s interim CEO, a strategic choice to advance the futuristic...
- The company said that Mudaifer brought with him a "deep and strategic understanding of NEOM" after serving as head of a property arm of the Saudi sovereign wealth fund since 2018
- NEOM is a planned futuristic megacity in northwestern Saudi Arabia meant to feature a ski resort and twin skyscrapers 170 kilometres (105 miles) long
Lebanon says 11 killed in Israel strikes across the country
Lebanon said Israeli strikes killed 11 people across the country Tuesday
- "The Israeli enemy strike on Baalshmay killed five people," the health ministry said
- Israeli strikes outside Hezbollah strongholds have often targeted buildings where displaced civilians have sought refuge
Geostrategy
Saudi-hosted summit says Mideast peace requires end to Israeli occupation
The summit's closing statement said that "a just and comprehensive peace in the region... cannot be achieved without ending the...
- The international community should "launch a plan with specific steps and timing under international sponsorship" to make a sovereign Palestinian state a reality, it added.
- The leaders also condemned "horrific and shocking crimes" by Israel's army, saying they occurred "in the context of the crime of genocide".
Business
Avia to buy 40 Boeing aircraft
The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.
- Avia's first firm order with the aviation giant comes with an option to add another 40 jets later, Boeing and Avia said in a statement.
- The purchase announcement came shortly after striking workers at Boeing last week approved a new contract proposal, ending a more than seven-week stoppage that cost it billions
Economy
World leaders meet for climate talks, but big names missing
Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate...
- Heads of some of the most powerful and polluting economies are not attending
- Top priority at COP29 is boosting funding for climate action in developing countries
World leaders meet for climate talks, but big names missing raising concerns over global climate commitment
The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich...
- More than 75 leaders are expected in Baku over two days but the heads of some of the most powerful and polluting economies are not attending this year's summit
- Just a handful of leaders from the G20 -- which accounts for nearly 80 percent of planet-heating greenhouse gas emissions -- are expected in Azerbaijani capital
Geostrategy
Donald Trump ramps up transition moves with key appointments
President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...
- Trump has promised to carry out the "biggest deportation operation in the history of our country"
- New York congresswoman Elise Stefanik got the nod for UN ambassador, while Stephen Miller might serve as deputy chief of staff
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
G20 summit opens in South Africa without Trump
The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...
Geostrategy
Company News
Latest News
DEWA profit after tax $789m
Business
Key OPEC+ members to boost oil production again
Oil ministers in the V8 grouping -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and...
Geostrategy
AI giant Anthropic to pay $1.5 bn over pirated books
San Francisco, United States - Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over...
Science
Turkey opposition calls extraordinary congress for Sept 21
Turkey's main opposition party has announced it will hold an extraordinary congress on September 21 after a court ousted its...
Geostrategy
Most Read
Arts & Culture
From hotels to high fashion, Armani’s luxury empire
Milan, Italy - Giorgio Armani's death leaves a vacuum at the top of his billion-dollar luxury business, an independent empire...
- Born into a modest family in northern Italy, Armani, who died on Thursday aged 91, became one of the richest men in the world and the fourth richest in Italy
- From his historic headquarters in Milan, Armani led an empire employing more than 9,000 staff at the end of 2023, and with revenues of 2.3 billion euros ($2.7 billion) in 2024
Geostrategy
Arab bloc says no peace without a Palestinian state and end to ‘hostile’ Israel actions
The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of...
- The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of the occupying power" remain obstacles to "peaceful coexistence'
- The resolution was part of a wider meeting in Cairo where foreign ministers endorsed a "Joint Vision for Security and Cooperation in the Region".
Geostrategy
Gaza film at Venice targeted by hate campaign, director says
Venice, Italy - At its premiere, a powerful new Gaza film at the Venice Film Festival sparked 23 minutes of...
- "The Voice of Hind Rajab" from French-Tunisian director Kaouther Ben Hania is a strong contender for the festival's Golden Lion to be awarded Saturday
- The film covers the last minutes of the life of a five-year-old Palestinian girl who was killed by Israeli fire last year while trying to escape Gaza with her family