“New Suez Canal on rails”: Egypt high-speed trains to connect Red Sea, Mediterranean
Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
Economy
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...
Business
Geostrategy
China’s smaller manufacturers look to catch the automation wave
Yancheng, China -- In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers...
- China is already the world's largest market for industrial robots.
- The first essentially humanless factories are already in operation.
Geostrategy
Trump vows revenge after troops in Syria killed in alleged IS ambush
The deadly attack had been "an ambush by a lone ISIS gunman," who was "engaged and killed," US Central Command...
- Trump called it "an ISIS attack against the US, and Syria, in a very dangerous part of Syria, that is not fully controlled by them."
- The incident is the first of its kind reported since Islamist-led forces overthrew longtime Syrian ruler Bashar al-Assad in December last year
Geostrategy
US envoy Witkoff to meet Zelensky, Europe leaders in Berlin at weekend
US President Donald Trump's special envoy will meet with Ukraine's Volodymyr Zelensky and other European leaders in Berlin this weekend,...
- Ukrainian officials said they recently sent Washington an updated plan building on Trump's original 28-point peace proposal to end the war
- Trump's plan, publicly revealed last month, was accused of echoing Moscow's key demands, including Ukraine giving up crucial territory to Russia
Geostrategy
Erdogan pushes Putin on ‘limited ceasefire’ at ports, energy facilities in Russia-Ukraine war
Speaking on the sidelines of a summit in Turkmenistan, Erdogan told Putin that efforts to end the war were valuable,...
- Erdogan's remarks came on the heels of several attacks on Russia-linked tankers in the Black Sea, some of which were drone attacks claimed by Kyiv
- The attacks sparked harsh criticism from Ankara, which summoned envoys from both Russia and Ukraine, warning the strikes amounted to a "worrying escalation."
Geostrategy
Israel says Hamas ‘will be disarmed’ after group proposes weapons freeze
Israel said Thursday that Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top...
- Top Hamas leader Khaled Meshaal told Qatari news channel Al Jazeera that the militant group is open to a weapons "freeze", but rejects the demand for total disarmament
- Shosh Bedrosian, spokeswoman for the Israeli prime minister's office, said "Israel will continue to follow the 20-point plan. There will be no Hamas inside of the Gaza Strip."
Economy
US launches pact for AI supply chains with key Asia-Pacific allies to face China
The United States signed an agreement on the supply chains with key Asia-Pacific allies concerned about China's growing clout --...
- Dubbed the "Pax Silica," adapting the Latin terms for peace and silicon, a key material in AI, the partnership aims to secure supply chains
- China has quickly taken a dominant position in the race for resources in the fast-growing area of artificial intelligence, mining around 70 percent of key rare earths
Business
Trump demands CNN get new owners in Warner bidding war
US President Donald Trump said Wednesday that he wants to ensure CNN gets new ownership as part of the Warner...
- Warner Bros Discovery has become the center of a bidding war between Paramount — led by CEO David Ellison, son of Trump ally Larry Ellison — and streaming giant Netflix
- "I think any deal should — it should be guaranteed and certain that CNN is part of it or sold separately," Trump told business leaders Wednesday at the White House
Geostrategy
Hamas proposes weapons ‘freeze’ in return for long-term truce: leader to Al Jazeera
A top Hamas leader told Qatari news channel Al Jazeera on Wednesday that the militant group is open to a...
- "This is the idea we're discussing with the mediators, and I believe that with pragmatic American thinking... such a vision could be agreed," top Hamas leader Khaled Meshaal said
- As for the international peacekeeping force, Meshaal said the group was open to its deployment along Gaza's border with Israel, but was against its operation inside Gaza
Business
Trump says US will allow sale of Nvidia AI chips to China
Washington, United States - President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow...
- "President Xi responded positively! $25% will be paid to the United States of America," Trump wrote, without providing details on how the payment mechanism would work
- "We applaud President Trump's decision to allow America's chip industry to compete to support high paying jobs and manufacturing in America," an Nvidia spokesperson told AFP
Geostrategy
UNRWA chief denounces Israeli police’s seizure of agency’s Jerusalem assets
The compound in Israeli-annexed east Jerusalem has been empty of UNRWA staff since January, when the law banning its operations...
- "Today in the early morning, Israeli police accompanied by municipal officials forcibly entered the UNRWA compound in East Jerusalem," Philippe Lazzarini said on X
- Lazzarini has been declared persona non grata by Israeli authorities, who banned his agency from operating inside the country early this year
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
“New Suez Canal on rails”: Egypt high-speed trains to connect Red Sea, Mediterranean
Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
Economy
Company News
Latest News
10 killed in Aleppo building collapse: Syria state media
The five-story building collapsed in the Ferdaws neighbourhood of Aleppo. Civil defence and local authorities evacuated residents from nearby buildings...
Sudanese journalists form union to safeguard press freedom
The journalists' syndicate held elections on Saturday, the first since ousted president Omar al-Bashir dissolved independent unions after rising to...
Morocco bus crash leaves 23 dead, scores injured
An average of 3,500 deaths and 12,000 injuries have been recorded annually in Morocco, according to the National Road Safety...
Tunisia train accident leaves nearly 100 passengers injured
A head-on collision between two passenger trains injured 95 people on Monday morning in the south of the Tunisian capital,...
Iranian jet fighter crashes, three killed, reports state TV
Jet fighter crashed in a residential area of the northwestern city of Tabriz.
Hamas official says Miami talks must end Israel’s truce violations in Palestinian territory
A top Hamas official said Friday that talks in Miami to advance the next phase of the Gaza ceasefire must...
Geostrategy
Lebanese, Israeli officials discuss Hezbollah disarmament, security in border areas: PM office
Israel said a Friday meeting involving civilian and military representatives from both Lebanon and Israel was part of broader efforts...
Geostrategy
Netanyahu says to visit New York despite Mamdani arrest threat in compliance with ICC warrant
Israeli Prime Minister Benjamin Netanyahu said Wednesday he still planned to visit New York despite incoming mayor Zohran Mamdani's threats...
Geostrategy
Most Read
Geostrategy
US, Qatar, Turkey, Egypt to hold talks on next phase of Gaza truce in Miami
Under the second stage, Israel is supposed to withdraw from its positions in Gaza, an interim authority is to govern...
- But progress has so far been slow in moving to the following phase of October's agreement between Israel and Hamas.
- Turkey said Foreign Minister Hakan Fidan would attend the talks.
Geostrategy
Putin says Russia will ‘certainly’ achieve its goals in Ukraine including seizing the territories
Russian President Vladimir Putin said on Wednesday Moscow would "certainly" achieve its goals in the offensive in Ukraine, including seizing...
- "The goals of the special military operation will certainly be achieved," Putin told a meeting with defence ministry officials in Moscow
- His hawkish comments come as Ukraine on Monday hailed "progress" made on the question of future security guarantees for Kyiv
Geostrategy
Trump imposes full travel bans on seven more countries, Palestinians
Other countries newly subjected to the full travel ban came from some of Africa's poorest countries -- Burkina Faso, Mali,...
- The Trump administration has promised to let in athletes for football's signature competition, but has made no such promises for fans of blacklisted countries.
- Global Refuge, a Christian-based group that supports refugees, warned that the travel ban would push vulnerable people further into harm's way.