Electronic Arts to be bought by PIF-led consortium for $55 bn
Washington, United States -- Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by...
Business
Netanyahu to meet Trump as Israel faces isolation over Gaza war
The meeting comes days after Trump unveiled a 21-point plan aimed at ending the war in the Palestinian territory during...
Geostrategy
Geostrategy
Palestinian state best guarantee of Israel security: EU’s Borrell
The European Union's top diplomat Josep Borrell drew this conclusion from his discussions with a range of leaders on his...
- Borrell said there was a "sense of urgency" over the desperate humanitarian situation in Gaza
- He said the situation could escalate because of increased settlers' violence against Palestinians
Geostrategy
UN protectorate in Gaza is not a solution, says Guterres
The UN chief said it was "important to be able to transform this tragedy into an opportunity" -- which, for...
- Twenty-nine premature babies arrived in Egypt on Monday, Egyptian media said, after they were evacuated from Gaza's largest hospital which has become a focal point of Israel's war.
- Palestinian officials said a field hospital sent by Jordan entered the Gaza Strip Monday, the first since the war between Israel and the territory's rulers Hamas erupted on Oct 7.
Business
Norwegian firm expects first cross-border transport of CO2 in 2025
Oslo, Norway -- Norwegian fertilizer group Yara International on Monday signed a contract to begin transporting CO2 produced at its Netherlands...
- Yara International signed a contract to begin transporting CO2 produced at its Netherlands plant to Norway so it can be buried under the seabed.
- Carbon capture and storage is aimed at helping halt climate change, involves capturing CO2 emissions at factory smokestacks and burying them underground in geological reservoirs.
Business
Messi’s World Cup jerseys up for $10m auction
If the jerseys sell for above $10m, that could make the sale the most valuable collection of sports memorabilia ever...
- He donned these shirts during the first halves of the group-stage rounds against Saudi Arabia and Mexico, as well as later games against Australia, the Netherlands and Croatia.
- The most expensive individual jersey ever sold at auction was one that basketball legend Michael Jordan wore during his NBA finals run in 1998. It sold for $10.1m.
Geostrategy
Attack in area claimed by Sudan, S. Sudan, leaves 32 dead
A government representative for Abyei condemned the attacks that occurred early Sunday in two counties by armed militias and soldiers...
- Bulis Koch Aguar Ajith, information minister for Abyei said the latest "barbaric attacks on civilians" were a continuation of deadly violence that broke out last week in the region
- Security Council this month voted unanimously to extend the 12-year-old UN peacekeeping mission in Abyei which currently comprises some 4,000 military and police personnel
Iran rejects Israel accusations over ship seized by Yemen rebels
The Iran-backed rebels in Yemen seized the Galaxy Leader on Sunday, days after they threatened to target Israeli vessels in...
- On Monday, Iran's foreign ministry spokesman said the Israeli accusations were "invalid" and "projection meant to escape from the situation they are facing"
- Iran has warned of a widening conflict, and earlier this month, Foreign Minister Hossein said the intensity of the war has rendered its expansion "inevitable"
Geostrategy
Israeli strike on hospital kills 12 people, says Gaza health ministry
Dubai, UAE--The health ministry in the Hamas-run Gaza Strip said Monday 12 people were killed in an Israeli strike on...
- According to health ministry in Gaza, 12 people were killed and dozens wounded as a result of "the Israeli occupation targeting the Indonesian Hospital"
- The UN humanitarian agency OCHA has reported the "collapse of services" at hospitals across northern Gaza, following widespread strikes by Israeli forces
World must ‘act urgently’ to stop humanitarian crisis in Gaza: China FM
Following the outbreak of the war last month, Chinese officials, including Foreign Minister Wang, called for an immediate ceasefire and...
- Foreign ministers of Palestinian Authority, Indonesia, Egypt, Saudi Arabia and Jordan are in Beijing for talks aimed at a "de-escalation" of the Israel-Palestine conflict
- "Let us work together to quickly cool down the situation in Gaza and restore peace in the Middle East as soon as possible," Wang told foreign ministers in Beijing
World’s richest 1% emit as much carbon as bottom two-thirds: report
Among the key findings of this study are that the richest one percent globally -- 77 million people -- were...
- While fighting the climate crisis is a shared challenge, not everyone is equally responsible and government policies must be tailored accordingly, co-author of the report says
- "Climate Equality: A Planet for the 99%", was based on research compiled by SEI and it examined the consumption emissions associated with different income groups
Geostrategy
Israel expands Gaza operation as hostage deal inches closer
Israel has vowed to eradicate Hamas and to free around 240 people taken hostage by the fighters during the worst...
- A Hamas health official said more than 80 people were killed in twin strikes on Jabalia on Saturday
- UN rights chief on Sunday condemned the purported strike on the school as "horrifying"
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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
Electronic Arts to be bought by PIF-led consortium for $55 bn
Washington, United States -- Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by...
Business
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Arab summit presses for end to Gaza ‘bloodshed’ as Israel launched an expanded military offensive
Arab leaders meeting Saturday at a summit in Baghdad urged the international community to press for a Gaza ceasefire, as...
Geostrategy
Moody’s downgrades US credit rating on rise in govt debt
Moody's on Friday downgraded the United States's credit rating from the top triple-A level, citing rising levels of government debt...
Economy
Trump reshapes US Mideast policy. Can deals work instead?
The Israeli military said Saturday it had launched "extensive strikes" as part of a fresh offensive in Gaza, after rescuers...
Geostrategy
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Geostrategy
Israel launches ‘initial stages’ of new Gaza operation, threatens Huthi leaders after striking Yemen ports
The operation is part of "the expansion of the battle in the Gaza Strip, with the goal of achieving all...
- The offensive, known as "Operation Gideon's Chariots", comes as Israel faces pressure to lift a sweeping aid blockade in return for a US-Israeli hostage released by Hamas
- Israel resumed its military offensive in Gaza on March 18 after a two-month truce in its war against Hamas, triggered by an attack by the Palestinian group in October 2023
Economy
Tehran says no objection to US investment in Iran
Iranian Foreign Minister Abbas Araghchi said Thursday that Tehran has no objection to US companies operating in the country, including...
- "We have no ban on the economic presence of American companies in Iran," Araghchi said, attributing the lack of US business activity to primary sanctions imposed by Washington
- His remarks come after President Donald Trump said Washington was "getting close" to a new nuclear deal with Tehran to replace the one he abandoned during his first term in 2018
Geostrategy
Gaza strikes kill 120 as Hamas says aid entry ‘minimum requirement’ for talks
Aid to Gaza has been cut off since March 2, a tactic Israel has said is intended to force concessions...
- Hamas warned that Gaza was not "for sale" hours after Donald Trump, on a visit to the region, again floated taking over the territory and turning it into "a freedom zone.'
- Israel's aid blockade preceded a resumption of military operations on March 18, ending a ceasefire that had largely halted hostilities since mid-January