Qatari firm to invest $29.7 billion in Egypt coastal development
The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of...
Economy
Long-shot socialist and Trump foe Mamdani becomes next New York mayor
The self-proclaimed socialist, who has been re-elected three times, forged an image that has become his trademark -- a progressive...
Geostrategy
Geostrategy
Israeli army claims deadly strike on ‘Hamas compound’ inside UN school in Gaza
The hospital reported an electrical generator failure earlier in the night, which risked complicating the treatment of patients. Prior to...
- Israeli "fighter jets... conducted a precise strike on a Hamas compound embedded inside an UNRWA school in the area of Nuseirat", the army said in a statement
- The Hamas media office said at least 27 people were killed and dozens injured in the strike and taken to Al-Aqsa Martyrs Hospital
Geostrategy
Qatar PM, Egypt intelligence chief meet Hamas in Doha
Qatar, with the United States and Egypt, has been engaged in months of negotiations over details for a ceasefire in...
- The lead mediators met with the Palestinian militant group to "discuss a deal for a truce in Gaza and the exchange of hostages and prisoners."
- CIA chief Bill Burns was also expected in Qatar to continue working with mediators to reach an agreement on a cessation of hostilities, the informed source had told AFP
Geostrategy
Israel ‘prepared for very intense operation’ on Lebanon border
Jerusalem, Undefined -- Israeli Prime Minister Benjamin Netanyahu said Wednesday that Israel was "prepared for a very intense operation" along the...
- Almost eight months of exchanges between Israel and Hezbollah have intensified over the past week, with Israel striking deeper into Lebanese territory.
- "We are prepared for a very intense operation in the north. One way or another, we will restore security to the north," Netanyahu said during a visit to the border area.
Business
Qatar signs 27-year gas supply deal with Chinese Petroleum Corp
Qatar will supply four million tons of gas a year under the deal, QatarEnergy said in a statement, without disclosing the...
- Qatar is one of the world's top liquefied natural gas producers alongside the United States, Australia and Russia.
- In recent months, Qatar has inked LNG deals with France's Total, Britain's Shell, India's Petronet, China's Sinopec and Italy's Eni among others.
Geostrategy
Hamas says Israel wants ‘endless’ truce negotiations
Hamas had told mediators it "cannot agree to a deal that doesn't that does not secure... a permanent ceasefire and...
- The statement came as mediator Qatar said it was awaiting a "clear position" from Israel on a proposed Gaza ceasefire and hostage release deal outlined by US President Joe Biden
- Qatar, along with the United States and Egypt, has been engaged in months of back-and-forth negotiations over details for a ceasefire
Arts & Culture
Tunisian Muslim community turns to AI to save heritage
Djerba, Tunisia - In an unassuming house on the Tunisian island of Djerba, Said al-Barouni embarked on a mission to safeguard...
- In Djerba, Tunisia, Said al-Barouni uses AI to preserve ancient Ibadi religious manuscripts against deterioration
- Ibadis, a marginalized Islamic sect, find refuge and preserve their heritage in Djerba, blending into its cultural landscape
Geostrategy
Israeli strike in South Lebanon kills one
An Israeli strike targeting a motorcycle in Lebanon killed one person and wounded another, according to the National News Agency...
- The strike targeting a motorcycle in Naqura killed one person and wounded another
- Late Monday, cross-border exchanges set off blazes in border areas of both Israel and Lebanon
Business
IATA urges Pakistan, Bangladesh to release blocked airline funds
The International Air Transport Association on Tuesday urged Pakistan and Bangladesh to remove barriers to airlines repatriating ticket revenues after...
- Pakistan and Bangladesh collectively owe $731 million in blocked airline funds
- Boeing, Airbus, face scrutiny over safety and manufacturing standards
Geostrategy
More than half of Gaza structures destroyed or damaged: UN
Geneva, Switzerland -- Some 55 percent of all structures in the Gaza Strip have been destroyed, damaged or possibly damaged since...
- The analysis showed more than 137,000 buildings affected, UNOSAT, the United Nations satellite analysis agency, said on X.
- Within Deir Al-Balah, the Nuseirat municipality suffered the greatest number of newly damaged structures during that period, at 1,216, UNOSAT said.
Business
Oil prices fall as OPEC+ plans to unwind output cuts later this year
Oil prices slipped after Saudi-led OPEC and its Russian-led allies said Sunday they would maintain output levels but begin to...
- European natural gas prices meanwhile jumped more than 10 percent after the closure of a pipeline linking key producer Norway with Britain.
- Stock markets, meanwhile, mostly rose on renewed hopes for US interest-rate cuts. Among stock markets, European indexes were broadly higher and Wall Street saw gains at the open.
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Qatari firm to invest $29.7 billion in Egypt coastal development
The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of...
Economy
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Perplexity AI offers Google $34.5 bn for Chrome browser
San Francisco, United States -- Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which...
Business
Gulf tourists say Polish mountain town is a cool place
Zakopane, Poland -- Saudi photographer Fahad Alayyash gazed over the Alpine-like panorama of the Tatras, Poland's highest mountain range --...
Business
Palestinian mother ‘destroyed’ after image used to deny Gaza starvation
Montreal, Canada - Palestinian-Canadian Faiza Najjar was able to leave Gaza last year, but could not bring her four adult...
Geostrategy
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Geostrategy
Netanyahu floats ‘allowing’ Palestinians out of Gaza as mediators renew truce push
For Palestinians, any effort to force them off their land would recall the "Nakba", or catastrophe -- the mass displacement...
- Past calls to resettle Gazans outside of the war-battered territory, including from US President Donald Trump, have sparked concern among Palestinians and global community
- Netanyahu defended his war policies in a rare interview with Israeli media, broadcast shortly after Egypt said Gaza mediators were leading a renewed push to secure a 60-day truce
Geostrategy
Zelensky says US summit in Alaska a ‘personal victory’ for Putin
Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to...
- Zelensky also ruled out withdrawing troops from Ukraine's eastern Donbas region as part of a peace deal, after Trump said he and Putin might negotiate a land swap to end the war
- The summit, set to take place in Alaska on Friday, will be the first between a sitting US and Russian president since 2021 and comes as Trump seeks to broker an end to Ukraine war
Business
China Evergrande Group says to delist from Hong Kong
Hong Kong, China -- Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange...
- The Hong Kong bourse's listing committee decided to cancel Evergrande's listing as it had failed to meet a July deadline to resume trading, according to an exchange filing.
- Once China's biggest real estate firm, Evergrande was worth more than $50 billion at its peak and helped propel the country's rapid economic growth in recent decades.