Erdogan hails Eurofighter jets deal as ‘new symbol’ of strategic ties with Britain
"We regard this step as a new symbol of the strategic relations between our two close allies," he said after...
Geostrategy
Nigeria refinery aims to be world’s biggest with expansion
Lagos, Nigeria -- Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world...
Geostrategy
UN says 5 million at risk of starvation in Sudan
The war between army chief Abdel Fattah al-Burhan and his former deputy, Mohamed Hamdan Daglo, has since April last year...
- Some five million Sudanese could face calamitous food insecurity in coming months as a nearly yearlong war between rival generals continues to tear the country apart, UN said
- UN humanitarian chief Martin Griffiths noted that nearly 730,000 Sudanese children - including more than 240,000 in Darfur - are thought to suffer from "severe" malnutrition
Geostrategy
Hamas, Houthis hold rare meeting: Palestinian sources
According to sources from Hamas and Islamic Jihad, leaders from the two Palestinian groups, as well as the Marxist Popular...
- The Houthis have attacked Red Sea shipping for months since the Israel-Hamas war broke out on October 7, saying they are targeting vessels in solidarity with Palestinians
- Hamas and the Houthis belong to the "axis of resistance", a collection of Iran-backed movements hostile to Israel and the United States that also includes Lebanon's Hizbollah
Geostrategy
G7 vows ‘significant’ new sanctions if Iran sends missiles to Russia
Washington, US - G7 countries warned Iran on Friday that they will impose "significant" new sanctions if Tehran transfers ballistic missiles...
- Among the steps that have been discussed is ending national airline Iran Air's flights to Europe, the official added.
- A senior US administration official told journalists that if Iran decides to sell ballistic missiles to Russia, the costs will far outweigh the benefits.
Geostrategy
Seven children among 22 dead as boat capsizes off Turkish coast
Istanbul, Turkey - Twenty-two migrants including seven children have drowned after a boat capsized off the Turkish coast, local officials said...
- "The Turkish coastguard found the bodies of 22 people including seven children," the local governor's office said in a statement.
- Officials said the boat began sinking overnight and on Friday many ambulances were standing by at the port of Kabatepe near Gokceada.
Arts & Culture
Europe’s largest art fair reports ‘record’ prices for Van Gogh, Picasso
THE HAGUE, NETHERLANDS – Europe's largest art fair closed its doors on Friday with organizers saying that sales, including a rare...
- Top ticket items for sale this year included a rare early Van Gogh, painted when the artist was living in southern Netherlands around 1884.
- The US-based gallery selling the Van Gogh, titled "Tete de paysanne a la coiffe blanche" confirmed a buyer, with Dutch media.
Geostrategy
European Union to sanction violent Israeli settlers and Hamas
Britain and the United States have already imposed sanctions on a small number of Israeli settlers accused of committing human...
- A high-ranking EU official said that he expected foreign ministers from the bloc's 27 member states to give political backing to the moves.
- The 27-nation EU has struggled for a unified position in the face of the Hamas attack and Israel's subsequent devastating military operation in Gaza.aZ
Science
Nervous system disorders surpass heart ailments as top cause of illness
Paris, France - Conditions affecting the nervous system -- such as strokes, migraines and dementia -- have surged past heart disease...
- More than 3.4 billion people -- 43 percent of the global population -- experienced a neurological condition in 2021, far more than had previously been thought, the analysis found.
- The researchers looked at how 37 different neurological conditions affected ill health, disability and premature death across 204 countries and territories from 1990 to 2021.
Geostrategy
First aid boat unloads in Gaza as Hamas proposes new truce
During the proposed truce, Gaza militants would release about 42 hostages seized during the October 7 attack that triggered the...
- Spanish vessel Open Arms meanwhile was seen towing a barge loaded with 200 tons of food for Gazans threatened with famine after more than five months of war.
- The United Nations has repeatedly warned of looming famine, with only a fraction of the supplies needed to sustain Gaza's 2.4 million people being let in.
Business
Eyes on Bank of Japan as unions announce big wage hikes
Tokyo, Japan -- Japan's largest trade union said Friday it had secured the highest wage hikes since 1991 in preliminary data...
- The Rengo union said that in spring wage talks so far, its members had secured pay rises of nearly 5.3% on average, compared with 3.8% at this point last year.
- Wage growth has been sluggish in Japan for decades, and the government partly blames this for the economy's woes.
Business
Vodafone sells Italian unit to Swisscom
British telecoms giant sold the business for US$8.7 billion.
- Vodafone has been on a cost-cutting campaign that has included layoffs and the offloading of divisions abroad
- Its CEO said the deal with Swisscom marked the "third and final step in the reshaping of our European operations"
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
Erdogan hails Eurofighter jets deal as ‘new symbol’ of strategic ties with Britain
"We regard this step as a new symbol of the strategic relations between our two close allies," he said after...
Geostrategy
Company News
Latest News
Saudi investors’ delegation arrives in Syria, aims to invest billions
Riyadh, Saudi Arabia -- A Saudi delegation of over 100 investors arrived in Damascus on Wednesday ahead of a conference...
Geostrategy
Trump admin unveils AI strategy to maintain US dominance
The 25-page "America's AI Action Plan" outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. Overall, the...
Geostrategy
Trump claims Obama ‘coup’ as Epstein questions mount
Washington, United States - President Donald Trump sought Tuesday to distract from the growing furor over his administration's handling of...
Geostrategy
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Geostrategy
More than 100 NGOs warn ‘mass starvation’ spreading across Gaza
The UN said on Tuesday that Israeli forces had killed more than 1,000 Palestinians trying to get food aid since...
- Israel is facing mounting international pressure over the catastrophic humanitarian situation in the Palestinian territory
- More than two million people face severe shortages of food and other essentials after 21 months of Israeli invasion
Geostrategy
Top Palestinian official meets US ambassador to Israel in Ramallah
Hussein al-Sheikh, vice-president of the Palestinian Liberation Organization (PLO), on Tuesday said he met the US ambassador to Israel, Mike...
- Sheikh, a close aide to Palestinian president Mahmud Abbas and seen as a potential successor, said the meeting took place in his office
- "Discussions were held regarding support for efforts to stop the war in the Gaza Strip, release the hostages and deliver urgent aid to the Palestinian people there," he wrote on X
Business
AstraZeneca to invest $50bn in US
Bulk of funds to go into a Virginia manufacturing center.
- "Today’s announcement underpins our belief in America’s innovation in biopharmaceuticals," the statement quoted CEO Pascal Soriot as saying.
- The company said it expects 50 percent of its revenue to come from the United States by 2030.