UAE says will invest up to $50 billion in Canada
The fresh North American investment pledge came after UAE President Mohamed bin Zayed Al Nahyan promised in May to pump...
Geostrategy
AMD, Cisco, and HUMAIN partner to build 1 GW AI infrastructure in Saudi
Washington, DC., US – AMD, Cisco, and HUMAIN, a PIF-backed company delivering full-stack AI solutions, have announced plans to establish...
Business
Geostrategy
UN probe says women, children comprise the majority of Gaza war dead
In a fresh report, the United Nations Human Rights Office (OHCHR) detailed a raft of violations of international law. Many...
- "Civilians in Gaza have borne the brunt of the attacks, including through the initial 'complete siege' of Gaza by Israeli forces," the UN said.
- "Conduct by Israeli forces has caused unprecedented levels of killings, death, injury, starvation, illness and disease."
Geostrategy
Who will staff Trump’s Govt? A look at top contenders, with Elon Musk among the likely picks
Tesla CEO Elon Musk could head a new "Department of Government Efficiency," promising $2 trillion in federal budget cuts and...
- "There are some people that will be returning (from Trump's first term)," senior Trump aide Jason Miller told Fox Business. "And there'll be some new people joining the mix."
- Linda McMahon, a former CEO of World Wrestling Entertainment, and Howard Lutnick, the founder of the brokerage firm Cantor Fitzgerald, are leading the transition process
Business
Emirates half-year profit $2.5bn
The record profit is subject to new 9% corporate tax for the first time.
- The airline group, operating from the world's busiest airport for international traffic, has faced regional disruptions due to the conflicts, but has expanded its network elsewhere
- Group revenue rose 5.0 percent to $19.3 billion on "consistently strong customer demand across business divisions, and across regions", the statement said.
Geostrategy
Lebanon MPs demand UN protection of heritage sites from Israel attacks
The Lebanese MPs called on Azoulay to "urgently prioritize the protection of these historic sites by mobilizing UNESCO’s authority.
- "During the devastating war on Lebanon, Israel has caused grave human rights violations and atrocities," the lawmakers said
- Lebanon is home to six UNESCO World Heritage sites, including Roman ruins in Baalbek and Tyre
Trump victory reflects Arab-American support, Netanyahu discusses Iran with him amid lingering regional conflict
In a unique campaign twist, Trump captured Muslim voters by pledging diplomacy, promising to end prolonged conflicts and promote stability,...
- His new Muslim supporters are celebrating his victory and confident he will deliver despite Israel, led by his close ally Benjamin Netanyahu
- But during this campaign, Trump touted his status as Israel's strongest friend, saying Biden should let Israeli Prime Minister Netanyahu "finish the job" against Hamas in Gaza
Economy
US Fed expected to look beyond Trump win and cut rates again
The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a...
- Fed policymakers are expected to focus instead on the health of the US economy
- Their favored inflation gauge eased to 2.1 percent in the 12 months to September
Geostrategy
What impact will Donald Trump have on the world economy?
Paris, France -- Donald Trump's return to the White House with his protectionist policies poses threats for the global economy, with...
- During his first term in office from 2017 to 2021, Trump often resorted to punitive tariffs in disputes with trade partners.
- Donald Trump's policies could also rekindle inflation, which cooled following a series of interest-rate hikes that the Federal Reserve began to unwind this year.
Geostrategy
Trump wins White House in stunning comeback
The polarizing Republican's win, following one of the most hostile campaigns in modern US history, was all the more remarkable...
- As supporters chanted "USA!", the 78-year-old added that his "magnificent" win would "allow us to make America great again
- World leaders swiftly pledged to work with Trump, led by Israel and Ukraine where the course of raging conflicts could depend on the new presiden
Geostrategy
Republicans seize control of US Senate: networks
Republicans wrested the US Senate from Democratic control, ending four years in the minority, in its quest to dominate every...
- Republicans reversed the Democrats' 51-49 Senate advantage with at least 51 seats and counting
- If Republicans win all of the toss-up races, they'll end the election with 55 of the 100 seats
Geostrategy
Netanyahu sacks defense minister Gallant over differences on Gaza
Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...
- Netanyahu and Gallant have frequently clashed over Israel's military offensive against Hamas following the Palestinian militant group's attack on Israel on October 7 last year
- Israel's campaign has killed 43,391 people in Gaza, a majority of them civilians, according to Gaza health ministry figures which the United Nations considers to be reliable
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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
UAE says will invest up to $50 billion in Canada
The fresh North American investment pledge came after UAE President Mohamed bin Zayed Al Nahyan promised in May to pump...
Geostrategy
Company News
Latest News
Tourists drawn to Oman’s giant sinkholes
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...
Geostrategy
Lebanon says army will begin implementing Hezbollah disarmament plan, amid opposition from the group
Responding to questions from journalists, Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the...
Geostrategy
Tesla proposes package for Musk that could top $1 trillion
New York, United States -- Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1...
Business
Most Read
Geostrategy
After his call with Zelensky, European leaders, Trump says will speak with Putin soon
US President Donald Trump said Thursday he would speak soon with Russia's Vladimir Putin, after his call earlier in the...
- "I will be, yeah," Trump told a reporter asking if he would speak with the Russian leader in the near future, on the sidelines of a dinner with prominent US tech executives
- Trump's call with European leaders came after a summit in Paris aimed at firming up plans for security guarantees for Ukraine if or when there is a ceasefire
Geostrategy
Amid Israeli strikes, Lebanon debates disarming Hezbollah under ceasefire deal, risking political turmoil and mass protests.
The Lebanese government is set to discuss on Friday an army plan to disarm Hezbollah, which the Iran-backed group opposes,...
- In August, under heavy US and Israeli pressure, Lebanon's government ordered the army to draw up a plan for disarming Hezbollah by the end of the year
- Hezbollah reiterated its opposition to the move on Wednesday, with its parliamentary bloc calling on Lebanese authorities to "reverse their... unpatriotic decision."
Arts & Culture
‘God’s Influencer’ to become first millennial saint
Computer whiz Carlo Acutis, who died of leukemia in 2006 aged 15, will be raised to sainthood by Pope Leo...
- Computer whiz Carlo Acutis, who died of leukemia in 2006 aged 15, will be raised to sainthood by Pope Leo XIV in a solemn ceremony in St Peter's Square at the Vatican
- The teenager's body, dressed in jeans and a pair of Nike trainers, lies in a glass-walled tomb in Assisi, visited by hundreds of thousands of people a year