Yemen separatists say Saudi air strikes will not deter them
A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...
Geostrategy
Iran Guards seize foreign-crewed oil tanker in Gulf: state media
Iran's Revolutionary Guards on Wednesday seized an oil tanker in the Gulf carrying more than a dozen foreign crew members,...
Geostrategy
Business
Famed Jerusalem stone still sells despite West Bank economic woes
Sair, Palestinian Territories - Despite the catastrophic state of the Palestinian economy, Faraj al-Atrash, operator of a quarry in the...
- The war in Gaza, triggered by Hamas's October 2023 attack on Israel, dealt a severe blow to a Palestinian economy that was already in poor shape
- Israel, which has occupied the West Bank since 1967, has recently set up hundreds of new checkpoints across the territory, paralysing commercial transport
Business
Netflix boss promises Warner Bros films would still be seen in cinemas
Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful,...
- "We're going to continue to operate Warner Bros. studios independently and release the movies traditionally in cinema," chief executive Ted Sarandos said
- In early December, Netflix announced that it had reached an agreement with Warner Bros. Discovery (WBD) to acquire most of the group for $83 billion
Economy
US unemployment rises further, hovering at highest since 2021
A deteriorating jobs market could nudge the central bank to lower rates further to boost the economy, despite some policymakers'...
- The report underscoring a labor market cooldown in the world's biggest economy said the economy lost 105,000 jobs in October.
- Hiring picked up again in November to 64,000, but this was still a slower pace than before.
Geostrategy
First European Union airline flight in 35 years lands in Baghdad
Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
- European airlines have not operated direct flights to Baghdad International Airport for security reasons since the early 1990s, when Saddam Hussein invaded Kuwait.
- But, after decades of turmoil, Iraq has recently begun to regain a sense of stability and the government is striving to attract foreign investment to bolster the country's economy.
Geostrategy
Israeli army to demolish 25 residential buildings in West Bank camp: local authorities
The Israeli army is to demolish 25 residential buildings in the north West Bank's Nur Shams refugee camp later this...
- In early 2025, Israel's military launched an operation it says is aimed at rooting out Palestinian armed groups from refugee camps
- During the operation, Israel has destroyed hundreds of houses in the dense network of alleys that make up the refugee camps
Geostrategy
Ukraine hails ‘real progress’ in Zelensky’s talks with US envoys to end the war with Russia
Kyiv's negotiator Rustem Umerov wrote on social media that the marathon diplomacy in the German capital had been "constructive and...
- Ukraine hopes to convince Washington that a ceasefire must be agreed without prior territorial concessions to Russia
- Trump has pushed strongly for an end to the war but an initial 28-point plan last month was seen as favouring Moscow's position
Economy
Deja vu? Trump accused of economic denial and physical decline
Washington, United States -- An aging president faces poor poll numbers and suspicions about his health but insists that America...
- According to a poll by the University of Chicago for the Associated Press, published Thursday, only 31 percent of Americans are satisfied with Trump's economic policy.
- Like his predecessor, Trump today is trying to steer some of consumers' discontent toward big corporations suspected of inflating prices.
Geostrategy
Hamas says weapons are ‘legitimate right’, open to proposals that preserve it
"Resistance and its weapons are a legitimate right guaranteed by international law and are linked to the establishment of a...
- "We are open to studying any proposals that preserve this right while guaranteeing the establishment of a Palestinian state."
- The US-sponsored ceasefire, in effect since October 10, remains fragile as Israel and Hamas accuse each other almost daily of violations.
Geostrategy
Gunmen kill 11 at Jewish festival on Australia’s Bondi Beach, one of the biggest tourist draws
Police declared the shooting a "terrorist incident" and said they had found suspected "improvised explosive devices" in a vehicle near...
- The shooting took place during an anncual "Hanukkah by the Sea" event at Bondi Beach which police said was attended by over a thousand people
- Prime Minister Benjamin Netanyahu accused Australia's government of having fuelled anti-Jewish sentiment in the period leading up to the shooting
Economy
Algeria include son of Zinedine Zidane in AFCON squad
Goalkeeper Luca Zidane, a son of France football icon Zinedine Zidane, was named on Saturday in the Algeria squad for the...
- The 27-year-old plays for Spanish second-tier club Granada and represented France at youth level before switching his international allegiance to Algeria
- "I'm sure the players will arrive highly motivated and ready to play in this AFCON," said Algeria coach and former Switzerland coach Vladimir Petkovic after announcing the squad
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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
Yemen separatists say Saudi air strikes will not deter them
A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...
Geostrategy
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.
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
Pressure on Morocco to deliver as Africa Cup of Nations kicks off
Morocco carry a huge weight of expectation into their opening game at the Africa Cup of Nations on Sunday as...
Economy
As diplomats gather in Miami, Kremlin denies three-way US-Ukraine-Russia talks in preparation
The Kremlin on Sunday denied that three-way talks between Ukraine, Russia and the United States were on the cards, as...
Geostrategy
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Geostrategy
Macron meets UAE leaders to deepen strategic partnership, discuss defense, AI, trade and drug trafficking
Macron is due to meet with UAE President Mohamed bin Zayed Al Nahyan to discuss "strengthening the strategic partnership" between...
- The French president traditionally celebrates the end-of-year holidays with troops deployed abroad, of whom there are more than 900 in the UAE.
- France cooperates with the UAE on areas including artificial intelligence and trade, and now wants to secure the Gulf state's support in its war on drug trafficking.
Geostrategy
China’s rare earths El Dorado gives strategic edge
Ganzhou, China -- Buried in the reddish soil of southern China lies latent power: one of the largest clusters of...
- The hills of Jiangxi province are home to most of China's rare earth mines, with the materials used in a range of products, including smartphones and missile guidance technology.
- The flourishing industry is closely protected by Chinese authorities and media access is seldom granted.
Geostrategy
Gazans mourn six killed in Israeli shelling on shelter
Gaza's civil defence agency, which operates as a rescue force under Hamas authority, initially said on Friday that the Israeli...
- Agency spokesman Mahmud Bassal updated the toll to six, including children, on Saturday, adding that two people were unaccounted for under the rubble.
- The director of Gaza City's Al-Shifa Hospital, Mohammed Abu Salmiya, told AFP the victims were a four-month old infant, a 14-year-old girl, two men and two women.