Amazon shares surge as AI boom drives cloud growth
San Francisco, United States - Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail...
Business
Geostrategy
‘Grave step backwards’: Meta shuts monitoring tool in election year
Washington, US - A digital tool considered vital in tracking viral falsehoods, CrowdTangle will be decommissioned by Facebook owner Meta in...
- The tech giant says CrowdTangle will be unavailable after August 14, less than three months before the US election
- In recent election cycles, researchers say CrowdTangle alerted them to harmful activities including foreign interference
Geostrategy
Israeli troops leave behind trail of destruction at Gaza hospital
Palestinian Territories - Israeli forces on Monday pulled out of Gaza's largest hospital complex after an intensive two-week military operation,...
- The health ministry in Hamas-ruled Gaza said that "the scale of the destruction inside the complex and the buildings around it is very large".
- Israel said it had battled Palestinian fighters hiding inside Gaza City's Al-Shifa Hospital, killed at least 200 enemy fighters
Geostrategy
Sister of Hamas leader Ismail Haniyeh arrested by Israeli police
Jerusalem, Undefined - Israeli police said Monday they had arrested the sister of Hamas leader Ismail Haniyeh "as part of a...
- Police told AFP that Sabah Abdel Salam Haniyeh, who is an Israeli citizen, was taken into custody in the town of Tel Sheva
- A police spokesman, who confirmed it was Haniyeh's sister, said she is suspected of having contact with Hamas operatives
Geostrategy
Gaza’s health ministry says 32,845 killed by Israel since battle began
Palestinian Territories - The health ministry in Gaza said Monday that at least 32,845 people have been killed in the...
- The toll includes at least 63 deaths over the past 24 hours, a ministry statement said, adding that 75,392 people have been wounded in the Gaza Strip since war began
- Monday's toll update was released hours after the Israeli military withdrew from Gaza's biggest hospital, Al-Shifa, after a two-week operation that saw heavy fighting
Business
Liberty Media buy MotoGP
Formula One owners paid US$4.5 billion for the deal.
- The acquisition is expected to be completed by the end of 2024 subject to clearances and approvals.
- MotoGP said Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna.
Erdogan sees ‘turning point’ for Turkey after poll drubbing
Observers called it Erdogan's worst election defeat since his party took power in 2002. Many blamed inflations running at 67...
- Near-final results showed the main opposition Republican People's Party wresting the main cities and Anatolian provinces that were strongholds for Erdogan's party
- Turkish president Recep Tayyip Erdogan told dismayed supporters overnight that they "must not waste" the four years remaining before the next presidential vote
Geostrategy
Israeli army withdraws from Al-Shifa, Gaza health ministry
The Hamas government media office said the Israeli air strikes had provided cover for the withdrawing vehicles. The army launched...
- The Israeli military withdrew after burning down the complex buildings
- Dozens of bodies, some of them decomposed, have been recovered the site
Arts & Culture
Emiratis battle to preserve dying art of embroidery
The art of hand-weaving braided shiny ribbons to adorn traditional clothing and bags is called Al Talli, and is on...
- Accounting student Ketbi believes that young women these days "are not very interested" in learning craft techniques like Al Talli from long ago
- Official of the Department of Culture and Tourism in Abu Dhabi said authorities hope to support Al Talli by licensing certified experts to expand production and teaching
Geostrategy
Israel’s prime minister undergoes ‘successful’ surgery
The prime minister's office said in a statement that Benjamin Netanyahu was in "good shape and beginning to recover after...
- Thousands of Israelis rallied in Jerusalem on Sunday evening to call for his resignation
- Israel's war on Gaza has so far killed at least 32,782 people, mostly women and children
Geostrategy
Gaza children fly kites to escape horrors of war
RAFAH, PALESTINIAN TERRITORIES – Meters away from the concrete and steel fence separating the Gaza Strip from Egypt, 11-year-old Malak Ayad flies a...
- Despite the war and the fear that grips her, Malak seems to be happy to fly her kite and dreams of life as it was before the war broke out on October 7.
- "My kite flies to Egypt everyday while we are here trapped in Gaza," said Malak, who wears a bracelet featuring the Palestinian flag.
Most Read
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
Amazon shares surge as AI boom drives cloud growth
San Francisco, United States - Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail...
Business
Company News
Latest News
Trump orders deployment of nuclear submarines in response to ‘provocative’ Russian comments
The United States and Russia control the vast majority of the world's nuclear weaponry, and Washington keeps nuclear-armed submarines on...
Geostrategy
Israeli writer Grossman denounces Gaza ‘genocide’
Rome, Italy -- Award-winning Israeli author David Grossman called his country's campaign in Gaza "genocide" and said he was using...
Geostrategy
Most Read
Economy
World economies reel from Trump’s tariffs
The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position while...
- But the muscular approach has raised fears of inflation and other economic fallout in the world's biggest economy.
- Stock markets in Hong Kong and London slumped as they digested the turmoil.
Geostrategy
Sweden jihadist jailed for life over Jordan pilot burned alive
Stockholm, Sweden - A Stockholm court on Thursday handed down a life term to Swedish jihadist Osama Krayem over the...
- Judge Anna Liljenberg Gullesjo said "the investigation has shown that the defendant was at the execution site, uniformed and armed, and allowed himself to be filmed."
- Krayem, who is serving long prison sentences for his role in the Paris and Brussels attacks in 2015 and 2016, was given a life sentence for "serious war crimes and terrorist crimes
Geostrategy
Trump’s ‘displeasure’ at prospect of allies recognizing Palestinian state
President Donald Trump has expressed displeasure with leaders of France, the United Kingdom and Canada for saying they plan to...
- Recent announcements by some of Washington's closest allies have only hardened the US president's stance against the move
- He dismissed Macron's decision, which got the ball rolling last week for other countries to consider similar steps, saying the statement did not matter.