Egypt says stolen pharoah’s bracelet melted down, sold for $4,000
Cairo, Egypt -- Egyptian police said on Thursday they arrested a museum employee and three alleged accomplices after a priceless...
Arts & Culture
AI to boost trade by nearly 40% by 2040: World Trade Report 2025
The 2025 edition of the World Trade Report reveals that, with the right enabling policies, artificial intelligence (AI) could boost...
Economy
Geostrategy
UN conference adopts plan to reduce harmful chemicals
PARIS, FRANCE - A new roadmap to reduce the environmental risks from chemicals and waste was adopted at a United Nations...
- The plan sets out 28 concrete targets and guidelines for key sectors across the entire lifecycle of chemicals, from production to waste.
- It calls for a transition to more sustainable chemical alternatives, responsible management of chemicals in industry, agriculture and healthcare.
Geostrategy
Libya resumes flights to Italy after nearly 10 years of EU ban
Tripoli, Libya - A Rome-bound aircraft departed on Saturday from Libya's capital, restarting flights to Italy after a nearly decade-long suspension...
- The European Union in 2014 halted flights operated by Libyan airlines and banned them from entering member states' airspace
- Restarting flights is "part of intensive government efforts to lift the European ban on Libyan civil aviation", said Libya's UN-recognized government
Geostrategy
Rights group urges justice an year after Iran’s ‘Bloody Friday’
Paris, France - Campaign groups on Saturday demanded the perpetrators of the killing of dozens of protesters in southeast Iran one...
- Reportedly, Iranian forces used live fire to suppress a protest on 30 September. 2022 which resulted in death of 104 people.
- Also known as "Bloody Friday", the day is considered the single deadliest day of months-long protests that erupted in Iran last year.
Geostrategy
Fourth soldier dead due to Houthi attack, says Bahrain
Manama, Bahrain - A fourth Bahraini soldier has died after an attack this week on his country's contingent in the Saudi-led...
- First Lieutenant Hamad Khalifa al-Kubaisi had on Friday "succumbed to serious injuries as a result of the treacherous Houthi attack", Bahrain said.
- Bahrain had previously announced the deaths of three of its soldiers in Monday's attack near the Saudi border with Yemen.
Geostrategy
The many ways US government shutdown affects people
WASHINGTON, US - The United States is heading toward a government shutdown this weekend with no foreseeable way out of a...
- Sharp disagreements in the Republican Party has prevented passage of the bills needed to keep the government funded and open.
- The credit ratings agency Moody's warned this week that a shutdown would be "credit negative" for US sovereign debt.
Business
Crypto fund co-founder arrested, jailed in Singapore
According to the company's liquidator, Su Zhu was detained at Singapore's Changi airport while trying to leave the city-state. He...
- Kyle Davies, his co-founder, was also committed to four months in prison but "his whereabouts remain unknown"
- The country's monetary authority had banned the pair "from conducting regulated investment activity for nine years each"
Arts & Culture
Turkish film festival canceled over censorship controversy
The festival's jury members threatened to pull out if the film was not readmitted and said they "reject the approach...
- The dispute centres on "The Decree", a documentary about the plight of a doctor and a teacher affected by Turkish President Recep Tayyip Erdogan's sweeping crackdown
- The film was initially selected for Antalya's "Golden Orange" film festival, but excluded from the competition last week, prompting an outcry from filmmakers
Geostrategy
Israel, Saudi moving towards ‘framework’ for deal: US
According to National Security Council spokesman John Kirby, a basic framework has been hammered out by all sides that could...
- The kingdom's Crown Prince Mohammed bin Salman recently said that the two sides were getting closer to a deal
- Saudi Arabia has been seeking security guarantees, including reportedly a treaty, with the United States in return
Geostrategy
US to auction three new oil and gas leases in the Gulf of Mexico
WASHINGTON, US - President Joe Biden's administration on Friday announced it would auction three new oil and gas leases in the...
- The move triggered a furious reaction from environmental groups who said the move would accelerate climate change.
- The action was denounced by advocates of the fossil fuel industry as it reduced the number of lease sales planned by previous US administration.
Geostrategy
India space chief unfazed by Moon mission’s apparent end
New Delhi, India - As hopes dim of further contact with India's Moon rover, the country's space chief has said he...
- Rover Pragyan -- "Wisdom" in Sanskrit -- surveyed the vicinity of the Moon's south pole but was powered down before the start of lunar night
- "It is OK if it does not wake up because the rover has done what it was expected to do," ISRO chief S. Somanath told reporters late Wednesday
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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
Egypt says stolen pharoah’s bracelet melted down, sold for $4,000
Cairo, Egypt -- Egyptian police said on Thursday they arrested a museum employee and three alleged accomplices after a priceless...
Arts & Culture
Company News
Latest News
Tariffs could lift Boeing and Airbus plane prices even higher
New York, United States -- Commercial plane prices, already lifted in recent years due to pandemic supply chain shocks, are...
Business
US Supreme Court intervenes to pause Trump deportations
Washington, United States - The US Supreme Court, in a dramatic nighttime intervention Saturday, paused President Donald Trump's unprecedented use...
Geostrategy
Putin announces ‘Easter truce’ in Ukraine set to last until midnight on Sunday
Russian President Vladimir Putin on Saturday announced a surprise Easter truce in Ukraine, set to last until midnight on Sunday...
Geostrategy
Most Read
Geostrategy
Tunisia opposition figures get jail terms in mass trial
A Tunisian court has handed down jail sentences of up to 66 years to multiple defendants, including prominent opposition figures,...
- The trial, decried by a defence lawyer as a "masquerade", is of unprecedented scale with around 40 defendants including vocal critics of President Kais Saied
- Among those sentenced were well-known opposition figures, lawyers and business people, with some already in prison for two years while others were in exile or still free
Economy
Norris edges Piastri as McLaren top Jeddah practice
Lando Norris drew a line in the sand after his trying time in Bahrain last weekend and bossed a second...
- The Briton led a McLaren 1-2 in the night run at the Jeddah Corniche Circuit, his best time of 1min 28.267s edging his in-form teammate Oscar Piastri by a tenth of a second
- Piastri arrived at the Red Sea track on a high, after his second win of the season in Sakhir moved him to second in the fledgling world championship standings
Science
Humanoid robots stride into the future with world’s first half-marathon
At the crack of the starter's gun, and as a Chinese pop song "I Believe" blared out from loudspeakers on...
- The 21-kilometre (13-mile) event held in the Chinese capital's E-Town is billed as a groundbreaking effort to test the limits of bipedal robots in real-world conditions