Saudi-led coalition warns of intervention against Yemen separatists
The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...
Geostrategy
Syria to start replacing currency from Jan 1: central bank chief
Syria's central bank chief said Thursday that the country's currency would start to be replaced with a revamped version from...
Economy
Business
Kuwait signs $4.1 billion deal with China to build port
Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
- Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah project would "enhance Kuwait's share in the regional and international trade and global supply chain".
- Chinese acting charge d'affaires Liu Xiang said the deal "constitutes participation in the 'belt and road' initiative".
Geostrategy
Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides
Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...
- Bennet's remarks followed a report which purportedly revealed conversations between Netanyahu's advisers in connection with the case
- In April 2025, Netanyahu declared that Qatar was "not an enemy" of Israel, defending his two advisers who had been taken into custody
Business
Tech stocks lead Wall Street higher, gold hits fresh record
Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
- Gold, which benefits from expectations of lower US interest rates, hit a fresh record of $4,442.19, while silver also struck a new peak.
- The precious metals, which are go-to assets in times of crisis, also benefited from geopolitical worries as Washington steps up its oil blockade against Venezuela.
Business
Billionaire Ellison offers personal guarantee for son’s Warner Bros bid
Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile...
- Netflix shocked the industry December 5 by announcing it had sealed an agreement to buy the film and television studio and HBO Max streaming business for nearly $83bn.
- Three days later, Paramount launched an all-cash tender offer valuing the entertainment giant at $108.4 billion.
Economy
Pressure on Morocco to deliver as Africa Cup of Nations kicks off
Morocco carry a huge weight of expectation into their opening game at the Africa Cup of Nations on Sunday as...
- Senegal, Ivory Coast, Mohamed Salah's Egypt and a Nigeria side led by Victor Osimhen are the biggest rivals for Morocco at the AFCON
- Morocco, Africa's best team in the FIFA rankings in 11th place, kick off the tournament on Sunday against minnows Comoros
Geostrategy
As diplomats gather in Miami, Kremlin denies three-way US-Ukraine-Russia talks in preparation
The Kremlin on Sunday denied that three-way talks between Ukraine, Russia and the United States were on the cards, as...
- Russian envoy Kirill Dmitriev arrived in Miami, where Ukrainian and European teams have also been gathering for the negotiations
- The top Kremlin aide also told Russian journalists Sunday that he had "not seen" the revised US proposal to end the conflict
Geostrategy
Israel’s security cabinet approves 19 new settlements in West Bank, a move to scuttle ‘a Palestinian state’
The decision brings the total number of settlements approved over the past three years to 69, according to a statement...
- The latest approvals come days after the UN said the expansion of Israeli settlements in the West Bank had reached its highest level since at least 2017.
- Excluding east Jerusalem, which was occupied and annexed by Israel in 1967, more than 500,000 Israelis live in the West Bank.
Geostrategy
Macron meets UAE leaders to deepen strategic partnership, discuss defense, AI, trade and drug trafficking
Macron is due to meet with UAE President Mohamed bin Zayed Al Nahyan to discuss "strengthening the strategic partnership" between...
- The French president traditionally celebrates the end-of-year holidays with troops deployed abroad, of whom there are more than 900 in the UAE.
- France cooperates with the UAE on areas including artificial intelligence and trade, and now wants to secure the Gulf state's support in its war on drug trafficking.
Geostrategy
China’s rare earths El Dorado gives strategic edge
Ganzhou, China -- Buried in the reddish soil of southern China lies latent power: one of the largest clusters of...
- The hills of Jiangxi province are home to most of China's rare earth mines, with the materials used in a range of products, including smartphones and missile guidance technology.
- The flourishing industry is closely protected by Chinese authorities and media access is seldom granted.
Geostrategy
Gazans mourn six killed in Israeli shelling on shelter
Gaza's civil defence agency, which operates as a rescue force under Hamas authority, initially said on Friday that the Israeli...
- Agency spokesman Mahmud Bassal updated the toll to six, including children, on Saturday, adding that two people were unaccounted for under the rubble.
- The director of Gaza City's Al-Shifa Hospital, Mohammed Abu Salmiya, told AFP the victims were a four-month old infant, a 14-year-old girl, two men and two women.
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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
Saudi-led coalition warns of intervention against Yemen separatists
The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...
Geostrategy
Company News
Latest News
Rescue efforts begin as at least 132 die, hundreds injured in Nepal quake
The quake was felt as far away as India's capital New Delhi, nearly 500 km from the epicentre, 42 km...
100 killed in fire during wedding at Iraq event hall
At the main hospital in Hamdaniyah -- a predominantly Christian town east of Mosul that is also known as Qaraqosh...
Ailing US explorer rescued after nine days in Turkish cave
The 40-year-old explorer developed stomach problems while examining the depths of the Morca Cave, a remote complex of twisting underground...
Sad day for America, says Trump after court appearance
Former US president Donald Trump pleaded not guilty on Thursday to criminal charges that he conspired to overturn the results...
OceanGate co-founder hits back at James Cameron over Titanic sub
Soehnlein stressed it was too soon to say what happened to the Titan and that it was "tricky to navigate"...
Libyans united in grief for army chief killed in plane crash
General Mohammed al-Haddad and his four aides died on Tuesday after a visit to Ankara, with Turkish officials saying an...
Geostrategy
Why metal prices are soaring to record highs
London, United Kingdom -- Precious and industrial metals are surging to record highs as the year ends, driven by economic...
Business
Palestinian Authority says Israel tightening control over West Bank with new settlements
The Palestinian Authority condemned on Tuesday Israel's recent approval of 19 settlements in the occupied West Bank, accusing it of...
Geostrategy
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Geostrategy
Gazans fear renewed displacement after Israeli strikes
Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...
- Earlier this month, Israeli army chief Lieutenant General Eyal Zamir described the Yellow Line as the "new border line" with Israel.
- For Palestinian officials, the line is seen as a tool for permanent displacement.
Business
Kuwait signs $4.1 billion deal with China to build port
Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
- Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah project would "enhance Kuwait's share in the regional and international trade and global supply chain".
- Chinese acting charge d'affaires Liu Xiang said the deal "constitutes participation in the 'belt and road' initiative".
Geostrategy
Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides
Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...
- Bennet's remarks followed a report which purportedly revealed conversations between Netanyahu's advisers in connection with the case
- In April 2025, Netanyahu declared that Qatar was "not an enemy" of Israel, defending his two advisers who had been taken into custody