Trump’s Gaza plan wins Netanyahu backing, but hinges on Hamas disarmament
The plan calls for a ceasefire, release of hostages by Hamas within 72 hours, disarmament of Hamas and gradual Israeli...
India, Pakistan trade accusations after Asia Cup trophy debacle
Dubai, United Arab Emirates - Pakistan captain Salman Agha said India had "disrespected cricket" while Indian counterpart Suryakumar Yadav complained...
Economy
Norway nears 100% goal of all-electric cars
Geostrategy
Geostrategy
Son of senior MP among five dead in south Lebanon: Hizbollah
The group, in a statement, said that Abbas Raad, son of the head of Hizbollah's parliamentary bloc Mohammed Raad, was...
- Israel said it had hit a number of Hizbollah targets and "sources of fire from Lebanon"
- At least 107 people have been killed on the Lebanese side since the cross-border exchanges began
US intercepts multiple attack drones launched from Yemen: Pentagon
The Huthis have declared themselves part of the "axis of resistance" of Iran's allies and proxies and have launched a...
- On Sunday, Huthi rebels seized an Israel-linked cargo vessel and its 25 international crew at the entrance to the Red Sea
- Israel's military said the seizure was a "very grave incident of global consequence", and US said it was "a flagrant violation of international law"
Geostrategy
Israel, Hamas truce and hostage release delayed
The delay is a hammer blow to families desperate to see their loved ones return home, and to two million-plus...
- Israeli national security adviser Tzachi Hanegbi indicated the release of at least 50 Israeli and foreign hostages held by Hamas was on track
- For every 10 additional hostages released, there would be an extra day's "pause" in fighting, an Israeli government document said
Two people killed in car explosion at US-Canada border
Two people have been killed as a result of a car explosion at the Rainbow Bridge at the US-Canada border...
- A car exploded at the major Rainbow Bridge crossing near Niagara Falls
- The White House said that President Joe Biden had been briefed.
Geostrategy
As Qatar World Cup glory fades, Arab legacy remains
Experts say Saudi Arabia's successful bid to host 2034 World Cup might not have been possible if there had not...
- Tiny Qatar was transformed for the tournament, with a new metro, airport expansion, upgraded roads and new hotels, plus eight world-class stadiums, at a cost of $220 billion.
- It was billed as the most expensive World Cup in history but organizers reject that tag, saying much of the infrastructure expedited for the tournament was already budgeted.
Business
US markets up after Nvidia reports $9.2 billion in third-quarter profit
New York, United States - Wall Street stocks resumed their upward climb early Wednesday following strong results from artificial intelligence player...
- The broad-based S&P 500 gained 0.6 percent to 4,566.85, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 14,337.20
- Nvidia said it made a profit of $9.2 billion on revenue of a whopping $18.1 billion, compared with $5.9 billion in the same quarter a year earlier
Business
Crude prices slip 4% after OPEC+ reschedules Vienna meeting
The current output strategy by OPEC+ that saw nine members led by Riyadh to cut production in recent months to...
- The 13 OPEC members led by Saudi Arabia and their ten partners led by Russia were due to decide on their output policy amid slumping crude prices
- Traders worry that crude demand will slump, with concerns about the health of the global economy as China's post-Covid rebound stutters
Geostrategy
Qatar burnishes role as specialist hostage negotiator with Israel-Hamas deal
Paris, France -- The emirate of Qatar has further boosted its status as a specialist power in resolving delicate hostage situations...
- In its work Qatar has now largely overshadowed Egypt, which helped secure the 2011 release of Israeli soldier Gilad Shalit after more than five years being held by Hamas.
- The emirate had also invited the Taliban to open an office in Doha with the approval of the US, making it possible to negotiate the withdrawal of American forces from Afghanistan.
Geostrategy
Turkey to ask UNSC, IAEA: Verify whether Israel possesses nukes
Erdogan went on to reiterate his claim that Israel was a “terrorist state”: “We need to know this once and for all....
- Erdogan stressed that Turkey will not allow the issue of nuclear weapons and atomic bombs, whose existence is denied by Israeli ministers, to be forgotten
- Israeli Minister of Heritage Amihai Eliyahu’s had remarked earlier this month about the option of launching a nuclear strike on the Gaza Strip
Science
Copenhagen’s frozen library of ancient ice tells tales of climate’s past
Copenhagen, Denmark - How was the air breathed by Caesar or Christopher Columbus? A giant freezer in Copenhagen holds the answers,...
- The Ice Core Archive, housing 25 kilometers (15 miles) of ice collected primarily from Greenland, is helping scientists understand changes in the climate
- The most recent ones date from this summer, when scientists hit the bedrock on eastern Greenland at a depth of 2.6 kilometers, gathering the oldest ice possible
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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
Trump’s Gaza plan wins Netanyahu backing, but hinges on Hamas disarmament
The plan calls for a ceasefire, release of hostages by Hamas within 72 hours, disarmament of Hamas and gradual Israeli...
Company News
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UAE-Morocco consortium sign $14 billion worth of energy, water infrastructure projects
Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of...
Economy
China’s Xiaomi to invest nearly $7 bn in chips
Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm's founder said...
Business
Microsoft strikes deal with Elon Musk to host Grok AI
Seattle, United States - Microsoft on Monday said its business cloud servers will now host technology from xAI, days after...
Science
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Economy
China factory output beats forecasts, weathering tariffs
Beijing, China - Factory output in China grew at a faster rate than expected last month, official data showed Monday,...
- Industrial production in the export powerhouse grew 6.1 percent on-year in April, according to figures published by the National Bureau of Statistics (NBS)
- The reading was higher than the 5.7 percent forecast in a Bloomberg survey, but still lower than the 7.7 percent jump recorded for March
Geostrategy
Trump to hold call with Putin in push for Ukraine truce
Trump also said he would speak to Ukrainian President Volodymyr Zelensky and NATO officials, expressing hope that a "ceasefire will...
- Trump had vowed during the US election campaign to halt the conflict within a day of taking office, but his diplomatic efforts have so far yielded little progress
- Delegations from Russia and Ukraine held direct negotiations in Istanbul last week for the first time in almost three years, but the talks ended without a commitment to a ceasefire
Geostrategy
Israel to allow food into Gaza after two month blockade
The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in...
- The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in Gaza
- Last week US President Donald Trump, a critical ally, acknowledged that "a lot of people are starving", adding "we're going to get that taken care of."