Ahead of Netanyahu visit, Trump vows to block Israel annexation of West Bank
Trump voiced optimism about ending nearly two years of devastating war, echoing the confidence expressed a day earlier on the...
Geostrategy
Palestinian leader to address UN as the US weighs whether to stop Israel’s Gaza annexation
Steve Witkoff, Trump's golfing friend turned roving global negotiator, said that Trump in a separate meeting with a group of...
Geostrategy
Business
Saudi Arabia emerges as only bidder for 2034 World Cup
The Saudi bid comes one year after neighboring Qatar hosted the first World Cup in the Middle East, where the...
- The full bids for 2030 and 2034 will be evaluated by FIFA and put to a vote at two separate congress meetings
- The kingdom made the bid for the 2034 event known on October 4, as soon as the procedure had been launched
Arts & Culture
In UK, tourists discover darker side of Oxford and Cambridge
Courses are not the subject of walking tour, which instead focuses on "difficult legacies" -- a burning issue brought to...
- First stop on the tour is Oriel College, outside of which sits a statue of alumnus Cecil Rhodes (1853-1902), a colonizer who dreamed of a British Africa from Cape Town to Cairo.
- A guide and student Claire McCann, originally from South Africa, read a quote of Rhodes in which he described Africans as the "most despicable specimens of human beings".
Geostrategy
Climate ‘loss and damage’ fund tops UAE talks ahead of COP28
Abu Dhabi, UAE - Setting up a "loss and damage" fund for poorer nations hit by climate change dominated preliminary talks...
- "The main focus for the moment is clearly the loss and damage fund," French Energy Minister Agnes Pannier-Runacher told AFP.
- The loss and damage fund is based on voluntary contributions and is not an "obligation", Pannier-Runacher added.
Geostrategy
Tunisian opposition leader to spend more time behind bars
Tunis, Tunisia - The leader of Tunisian opposition party Ennahdha, Rached Ghannouchi, 82, had his jail sentence on terrorism-related charges raised...
- Rached Ghannouchi, leader of Tunisian opposition, will now stay in jail for 15 months, instead of 12 months
- Ghannouchi's latest sentence came following a police union's complaint accusing the opposition leader of inciting violence
Geostrategy
Nordic countries announce deal to strengthen repatriation of refugees
COPENHAGEN, DENMARK - Nordic migration and justice ministers on Tuesday announced a deal to strengthen efforts for migrants to return to...
- Denmark has spearheaded harder lines on migrants in the Nordics and stepped up initiatives to discourage immigration.
- The first of the three initiatives was to increase collaboration between migration attaches responsible for deportation in the Nordic countries.
Business
BP rebounds with $4.9bn Q3 profit
The oil giant had posted a net loss of $2.2bn the previous year.
- However, underlying replacement cost profit excluding exceptional items more than halved to $3.3 billion.
- "This has been a solid quarter supported by strong underlying operational performance demonstrating our continued focus on delivery," said BP's official
Geostrategy
Holocaust memorial decries envoy for wearing yellow star at UN
His wearing of the badge, which has come to symbolize the oppression of Jews since its imposition in Nazi-occupied Europe,...
- Israel's Holocaust memorial Yad Vashem chairman Dani Dayan said he was "sorry to see" the move by the Israeli delegation in New York
- "This act disgraces the victims of the Holocaust as well as the state of Israel," Dayan said in a Hebrew-language post on X, formerly Twitter
Geostrategy
50 Palestinians killed in airstrike as Israel pushes deeper into Gaza
As relentless bombardment of Gaza continues, US Secretary of State Antony Blinken said that the Palestinian Authority should retake control...
- Iran said it was "natural" for Tehran-backed groups to attack Israel in light of its war on Hamas, warning of a wider spillover if no ceasefire is reached.
- The UN agency for Palestinian refugees, UNRWA, warned that the limited number of aid convoys entering Gaza were insufficient to meet the "unprecedented humanitarian needs'.
Samsung Q3 profit down 77.57%
The company's third-quarter profit was well above the first quarter's 640 billion.
- Samsung announced third-quarter operating profits of "2.4 trillion won ($1.7 billion) based on strong sales of flagship models in mobile and strong demand for displays"
- The company said net profit dropped 37.7 percent year-on-year to 5.8 trillion won -- though it represents a rebound from the second quarter's 1.7 trillion won
Business
Stocks mixed, oil subdued as traders eye Mideast and central banks
There is a sense of relief on trading floors that the Israel-Hamas conflict has been contained so far, with optimism...
- With worries about supplies from the crude-rich Middle East subsiding for now, both main oil contracts edged up slightly Tuesday
- Data showing China's factory sector activity shrank in October weighed on sentiment, dragging on Hong Kong and Shanghai
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
Ahead of Netanyahu visit, Trump vows to block Israel annexation of West Bank
Trump voiced optimism about ending nearly two years of devastating war, echoing the confidence expressed a day earlier on the...
Geostrategy
Company News
Latest News
Israel’s plan for Gaza draws international criticism
Israel drew international condemnation over its plans for an expanded Gaza offensive, as the country's far-right finance minister called Tuesday...
Geostrategy
India and Pakistan: a history of armed conflict over Kashmir
New Delhi, India - India and Pakistan exchanged heavy artillery along their contested frontier in Kashmir on Wednesday in a...
Geostrategy
India launches strikes on Pakistan, Islamabad vows to ‘settle the score’
Pakistan's Defence Minister Khawaja Muhammad Asif accused Indian Prime Minister Narendra Modi of launching the strikes to "shore up" his...
Geostrategy
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Geostrategy
Indian PM vows to stop waters key to rival Pakistan
New Delhi, India - Prime Minister Narendra Modi said Tuesday that water from India that once flowed across borders will...
- New Delhi has blamed Islamabad for backing a deadly attack on tourists on the Indian side of contested Kashmir last month
- Pakistan rejects the accusations, and the two nuclear-armed neighbours have exchanged nightly gunfire since April 24 along the de facto border in Kashmir
Geostrategy
Hamas says Gaza truce talks pointless as Israel wages ‘hunger war’
Hamas on Tuesday dismissed as pointless ceasefire talks with Israel, accusing it of waging a "hunger war" on Gaza, where...
- The comments from Hamas political bureau member Basem Naim followed Israel's approval of a military plan involving the long-term "conquest of the Gaza Strip."
- Nearly all of the Palestinian territory's 2.4 million people have been displaced at least once during the war, sparked by Hamas's October 7, 2023 attack on Israel
Syria state TV relaunches, months after Assad’s ouster
Damascus, Syria - Syrian state television officially relaunched on Monday with a trial broadcast almost five months after the ouster...
- After Syria's new authorities took power in December, state media and other television channels, radio stations affiliated with Assad's government suspended broadcasting
- The channel showcased its new branding and broadcast images of Damascus and Ummayad Square, where the Public Authority for Radio and Television headquarters are located