Unexploded bombs haunt Gazans, posing deadly risk as fragile truce halts demining efforts in ruins
After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million...
Geostrategy
Backed by its sovereign wealth fund, Saudi chases AI ambitions with homegrown firm pitched to global investors
The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in...
Economy
Business
Apple explores making personal robots
It is working on a robot that may be helpful to people.
- Apple is reported to have transferred employees from the shuttered car division to generative artificial intelligence projects
- The robot project is being overseen by Apple’s hardware engineering division and its AI and machine learning group
Gold hits fresh record above $2,300 as Fed hints at easing monetary policy
On Thursday, bullion touched $2,304.96 per ounce, according to Bloomberg News, after Fed boss Jerome Powell said it would likely...
- Gold has chalked up multiple records over recent weeks as the US Federal Reserve indicates it is about to begin easing monetary policy which makes it more attractive to investors
- Its popularity as a safe haven in times of turmoil has also provided plenty of support, with traders fretting over the Middle East crisis and the ongoing war in Ukraine
Geostrategy
Israel will ‘be slapped’ for consulate strike, says Khamenei
The Supreme leader said in a speech to officials in Tehran that the defeat of "the Zionist regime in Gaza...
- Some 13 people were killed in the strike in which Israeli F-35 jets fired six missiles
- Iran's official media said the funeral ceremony of the IRGC members would be held on Friday
Geostrategy
Bodies of slain foreign aid workers taken out of Gaza
Israel's armed forces chief Herzi Halevi called the attack a "grave mistake", which he blamed on night-time "misidentification", adding in...
- The Israeli military killed seven staff of the US-based food charity World Central Kitchen on Monday in an attack that UN chief Antonio Guterres labelled "unconscionable."
- The seven deaths piled more pressure on Israel, whose war since the Hamas attack of October 7 has brought devastation and mass civilian casualties to Gaza
Turkish Airlines profits soar
In December, the airline ordered 230 Airbus planes.
- The airline posted revenues of $20.9 billion last year, up 13.6 percent on 2022's figure
- The airline is controlled by the country's wealth fund, which owns 49.1 percent of shares
Geostrategy
Pope expresses ‘deep sorrow’ over killing of Gaza aid workers
Vatican City, Holy See - Pope Francis expressed his "deep sorrow" on Wednesday for the deaths of seven charity workers killed...
- "I express my deep sorrow for the volunteers killed while they were distributing humanitarian aid in Gaza," the 87-year-old pontiff said.
- He renewed his appeal for access to humanitarian aid for the "exhausted and suffering civilian population" of Gaza.
Geostrategy
From polar bears to groundwater, nature is riddled with ‘forever chemicals’
Paris, France - They didn't exist a century ago but today PFAS "forever chemicals" contaminate the environment from groundwater to Antarctic...
- On Thursday, a French legislator will introduce a bill to address what he calls the health "emergency" posed by exposure to PFAS in the environment
- Widely used in everyday items, highly durable, and very slow to break down, PFAS have been detected in water, air, fish and soil in the remotest corners of the globe
Geostrategy
Taiwan suffers from biggest earthquake in 25 years
NEW TAIPEI CITY, TAIWAN - Liu watched intently as rescuers carefully picked their way through the remains of a warehouse that...
- The quake was felt across Taiwan, with more than 100 aftershocks unnerving the island of around 23 million.
- Its epicentre was in eastern Hualien county, a mountainous region known for its picturesque trails and seascape views.
Geostrategy
UN rights council to consider call for Israel arms sales halt
The UN Human Rights Council on Friday is set to consider a draft resolution calling for a cessation of arms...
- The draft resolution condemns the "use of starvation of civilians as a method of warfare in Gaza".
- It demands that Israel "uphold its legal responsibility to prevent genocide".
Geostrategy
Israel blames Hizbollah for blast that wounded UN peacekeepers
Jerusalem, Undefined - Israel's military said Wednesday it had obtained information that indicated a Hizbollah explosive charge caused the blast that...
- Israeli army spokesman said the explosion occurred after a UNIFIL patrol passed over a charge previously placed by Hizbollah in the area
- Lebanon's state-run National News Agency reported an "enemy (Israeli) drone" raided the Rmeish area of southern Lebanon where the incident is said to have occurred.
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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
Unexploded bombs haunt Gazans, posing deadly risk as fragile truce halts demining efforts in ruins
After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million...
Geostrategy
Company News
Latest News
Dormant Russia volcano erupts for first time in 450 years
Moscow, Russia -- A volcano erupted for the first time in 450 years in Russia's eastern Kamchatka region, the nation's...
Geostrategy
Chaos, Israel-aided gangs and gunfire: Gaza aid fails to reach most needy
Nearly 1,400 Palestinians have been killed in the Gaza Strip while waiting for aid since May 27, the majority by...
Geostrategy
Eight OPEC+ countries raise production by 547,000 bpd to regain market share
Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, along with the Saudis and Russians currently produce about 41-42 mbd.
Geostrategy
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Geostrategy
Turkey starts supplying Azerbaijani gas to boost Syria’s power output
Istanbul, Turkey - Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was...
- Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can last for more than 20 hours a day
- A first phase of the Qatari scheme to fund gas supplies for power generation in Syria rolled out in March via Jordan and provided 400 megawatts of electricity per day
Geostrategy
US envoy meets Israeli hostage families in Tel Aviv
US envoy Steve Witkoff on Saturday met the anguished families of Israeli hostages still held in Gaza, as fears for...
- Witkoff was greeted with some applause and pleas for assistance from hundreds of protesters gathered in Tel Aviv, before going into a closed meeting with the families
- The visit came one day after Witkoff visited a US-backed aid station in Gaza, to inspect efforts to get food into the devastated Palestinian territory
Economy
Qatar to expand scheme to boost Syria power supply
Qatar is to expand its scheme to boost the power supply in Syria by paying for deliveries of Azerbaijani gas...
- The deliveries, aimed at alleviating chronic power outages in Syria, will increase the Qatari scheme's generating capacity to 800 megawatts per day
- A first phase of the Qatari scheme to fund gas supplies for power generation rolled out in March via Jordan and provided 400 megawatts of electricity per day