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
Flydubai inks $13bn Boeing deal for 75 jets as city’s airlines build up
State-owned flydubai and its long-haul partner airline, Emirates, have been the chief deal-makers at this week's Dubai Airshow, the largest...
Business
Geostrategy
Israeli settler attacks, Gaza conflict ruin Palestinian olive harvest
UN experts said recently that Palestinian farmers in the occupied West Bank are facing "the most dangerous olive season ever".
- The ongoing war has reduced vast areas of Gaza to rubble, with about 68 percent of the territory's agricultural areas damaged by the conflict.
- This year's harvest in Gaza is expected to net just 15,000 tons, sharply down from around 40,000 tons in the years before the war.
UN biodiversity conference in Colombia: what’s at stake?
Paris, France - The world's pledges to halt humankind's destruction of nature will be put to the test when the 16th...
- The COP16 is the first meeting of the international community since the adoption two years ago of an unprecedented roadmap to stop humankind's destruction of nature
- But putting that agreement into practice risks not moving fast enough to stop the destruction of land, oceans and species by a 2030 target date
Geostrategy
Israeli attack kills 73 in north Gaza as Netanyahu says Hezbollah tried to kill him
War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says...
- "Our civil defense crews recovered 73 martyrs and a large number of wounded as a result of the Israeli air force targeting a residential area."
- "The attempt by Iran's proxy Hezbollah to assassinate me and my wife today was a grave mistake," Netanyahu said in a statement.
Geostrategy
Updates: Israeli attack kills 33 people in Gaza refugee camp as Hamas mourns Sinwar
As Israel continues to pound Gaza, Lebanon, and West Bank, Turkey's Erdogan conveys his condolences to Hamas officials over Sinwar's...
- Families in northern Gaza are trying to survive in atrocious conditions, and under heavy bombardment, says United Nations
- We (are) afraid that Netanyahu does not intend on stopping the war, nor does he intend to bring the hostages back: relative of Israeli hostage
Geostrategy
States helping Israel’s occupation may be ‘complicit’: UN experts
"Israel's internationally wrongful acts give rise to state responsibility, not only for Israel, but for all states," said Navi Pillay,...
- It also examines the implications of last month's UN General Assembly vote demanding the occupation end within a year.
- Pillay, a former UN rights chief, said all countries are "obligated not to recognize territorial or sovereignty claims made by Israel over the occupied territories".
Drought forces Big Tech to rethink thirsty LatAm data centers
A prolonged drought in much of South America has forced tech giants Google and Amazon to rethink their plans for...
- Plans for a US$200 million data center project needed a cooling system that would consume 1.85 billion gallons of water yearly
- Google said the new facility would use air cooling technology, reducing its water use to a minimum
Economy
Gold breaks above $2,700 to record high as geopolitical uncertainty heightens
Hong Kong, China - Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity...
- Bullion hit an all-time high of $2,704.89 in early Asian trade, up from its previous record of $2,688.83 touched on Thursday
- Markets have been on edge over the crisis in the Middle East as Israel battles Hamas in Gaza and, more recently, Hezbollah in southern Lebanon
Business
Netflix adds millions of subscribers but growth slows
San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...
- The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion
- Netflix shares rose nearly five percent to $720.75 in after-market trades, trading at slightly more than double the price from a year earlier
‘Starvation tactics’ being used against 25 million people in Sudan
UN experts on Thursday accused the two sides in Sudan's civil war of using "starvation tactics" against 25 million civilians,...
- The world must pay attention to the largest modern famine taking shape in Sudan today, says UN
- Experts say "the volume of aid currently being delivered through this corridor is not enough to meet the population's needs"
Geostrategy
Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation
Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...
- Israel and the United States government officials express "relief" at the death of Hamas leader Yahya Sinwar
- Iran's Revolutionary Guards chief Hossein Salami warned that Tehran would hit Israel "painfully" if it attacks Iranian targets
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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
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
Company News
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Qatar ready to invest $21 bn in DR Congo: Kinshasa
Kinshasa, DR Congo -- Qatari investment firm Al Mansour Holding hopes to invest $21 billion in the Democratic Republic of...
Business
Global bond selloff spreads to Japan, gold hits record high
Wall Street stocks opened mostly higher, with shares in Google parent-company Alphabet shooting up nearly seven percent after winning a...
Business
Israel expecting one million Gazans to flee new offensive, planning “humanitarian area” for them
The Israeli military has been gearing up to seize Gaza City, the Palestinian territory's largest urban centre, with the United...
Geostrategy
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Geostrategy
Turkey court ousts leadership of opposition’s Istanbul branch
Turkey's main opposition CHP party on Tuesday vowed to fight after a court dismissed the leadership of its Istanbul branch...
- The Republican People's Party (CHP) won a huge victory over President Recep Tayyip Erdogan's AKP party in the 2024 local elections and has been rising in the polls
- The cases began in earnest in March with the jailing of Istanbul's popular mayor Ekrem Imamoglu, who was seen as the sole candidate with a realistic chance at beating Erdogan
Geostrategy
Iran says open to US nuclear talks, rejects missile curbs
Security chief Ali Larijani said Tuesday that Iran was open to nuclear talks with the United States but ruled out...
- "The path for negotiations with the US is not closed; yet these are the Americans who only pay lip service to talks; and they wrongly blame Iran for it," said Larijani
- The remarks came days after the United States welcomed a move by European powers to reimpose UN sanctions on Iran but said it remained "available for direct engagement with Iran".
Geostrategy
Gaza mother hopes Venice film about final moments of slain child helps end war
The mother of Hind Rajab, a five-year-old Palestinian girl killed by Israeli forces in Gaza, hopes that a film about...
- Rajab's body was recovered from a car riddled with bullets in Gaza City days after she was last heard from, in a desperate, hours-long phone call to the Palestinian Red Crescent
- She had made the emergency call after her family's car came under fire during an attempt to flee Gaza City amid an Israeli advance in the Palestinian territory's north