Syria announces plan with Jordan, US to restore calm in Druze-majority Sweida
Syrian foreign minister Asaad al-Shaibani announced on Tuesday a plan backed by Jordan and the United States to restore calm...
Geostrategy
UN investigators: Israel committing genocide in Gaza to ‘destroy the Palestinians’
This is the first time a UN-mandated investigative body has concluded the country is committing genocide and it might prompt...
Geostrategy
Geostrategy
Israel congratulates Saudi Arabia on national day
JERUSALEM - Israel offered its congratulations to Saudi Arabia on the kingdom's national day on Saturday as the two countries...
- "We send our sincere congratulations to the king, government and people of Saudi Arabia on the occasion of the 93rd national day," the Israeli foreign ministry said.
- "May Allah bring you goodness and blessings, security and prosperity with our wishes for an atmosphere of peace, cooperation and good neighborliness," it added in the statement.
Geostrategy
Israeli, Lebanese clash with tear gas on Golan border
JERUSALEM - Israeli and Lebanese troops exchanged tear gas fire on Saturday on a disputed and highly militarised section of...
- The Israeli army said its troops used "riot dispersal means" to turn around a Lebanese earthmover that had strayed into Israeli-held territory.
- The Lebanese army said it was the Israeli "enemy" which had violated the demarcation line and fired smoke bombs at its troops escorting the bulldozer.
Geostrategy
Lebanon forces rescue 27 Syrian migrants in sinking boat
The navy, with support from the civil defense, "was able to rescue 27 illegal migrants aboard a rubber boat that...
- Also on Saturday, security forces said they arrested a Lebanese people smuggler and 42 Syrians as he was in a vehicle "filled with a large number of Syrians".
- Migrants seeking to reach Europe from Lebanon generally head for the east Mediterranean island of Cyprus 175 kilometers (110 miles) away.
Geostrategy
Ethiopia resumes Nile dam talks with Egypt and Sudan
Nairobi, Kenya - Ethiopia said Saturday that it has begun a second round of negotiations with Egypt and Sudan over a...
- Ethiopia this month announced the completion of the fourth and final filling of the Grand Renaissance Dam.
- Egypt and Sudan fear the massive $4.2-billion dam will severely reduce the share of Nile water they receive.
Geostrategy
Pope says migrants not invaders, urges ‘wise foresight’ on issue
Migration is "a reality of our times, a process that involves three continents around the Mediterranean and that must be...
- The pope's forceful interventions came as the migration debate has been stoked by mass arrivals on the Italian island of Lampedusa earlier this month.
- A French presidential official said that Macron and the pope had discussed migration in bilateral talks earlier.
Arts & Culture
Chinese President Xi Jinping declares biggest-ever Asian Games open
Chinese President Xi Jinping opened the 19th Asian Games in a colourful ceremony in Hangzhou, launching a two-week sporting extravaganza...
- In front of Syrian President Bashar al-Assad and other visiting leaders, Xi officially opened the Games at the 80,000-capacity Hangzhou Olympic stadium.
- The theme of the ceremony was water and it also celebrated Hangzhou's ancient history and landscape.
Geostrategy
Iran criticizes US statement on islands dispute with UAE
Iran said it had called in the Swiss envoy to deliver a protest over a “provocative” US statement on its...
- The islands of Abu Musa and Greater and Lesser Tunb lie near the Strait of Hormuz.
- Iran gained control of the islands under the rule of the Western-backed shah in 1971.
Geostrategy
US and China seek improved ties via new working groups
Chinese state broadcaster CCTV also announced the launch of an "Economic Working Group" and "Financial Working Group," saying both will...
- The formation of the groups was agreed during talks in July between US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng in Beijing.
- The Economic Working Group will discuss macroeconomic issues, while the Financial Working Group will focus on regulatory and financial stability issues.
Geostrategy
India cancels sports minister’s trip to Asian Games in visa row
China had discriminated against some of the Indian athletes "in a targeted and pre-meditated manner", India's foreign ministry spokesman Arindam...
- Three women martial arts fighters from the Indian state of Arunachal Pradesh were approved to take part in Hangzhou Asian games.
- But the wushu fighters were unable to download their accreditation cards, which act as visas to enter China, local media reports said.
Business
Microsoft to acquire Activision Blizzard
Activision Blizzard makes popular games like "Call of Duty".
- The transaction faced scrutiny from regulators in the United States as well as Britain, where the CMA blocked a similar deal in April.
- Activision Blizzard CEO Bobby Kotick said the UK regulator's announcement was "a significant milestone for the merger".
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
Syria announces plan with Jordan, US to restore calm in Druze-majority Sweida
Syrian foreign minister Asaad al-Shaibani announced on Tuesday a plan backed by Jordan and the United States to restore calm...
Geostrategy
Company News
Latest News
US approves $825 mn Stinger missile sale to Morocco
The United States on Tuesday announced the approval of an $825 million sale of up to 600 Stinger anti-air missiles...
Geostrategy
War against elite universities: Trump ramps up conflict against defiant Harvard
Cambridge, United States - President Donald Trump escalated his war against elite US universities Tuesday with a threat to strip...
Science
Nvidia expects $5.5 bn hit as US targets chips sent to China
Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing...
Business
Most Read
Business
Denmark’s Royal Unibrew adds AI colleagues into workforce
Fakse, Denmark -- They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only...
- Royal Unibrew in Denmark has introduced five virtual AI colleagues with names and backstories to assist human employees with routine tasks and information retrieval.
- The company reports increased engagement since adding photos to the AI agents, and employees interact with them through chats and emails for enhanced efficiency.
Business
Hermes overtakes LVMH as world’s most valuable luxury group
Paris, France -- French group Hermes overtook LVMH as the world's most valuable luxury company on Tuesday after shares in...
- The market capitalization of Hermes reached 248.6 billion euros ($280.5 billion) at the close of trading in Paris, topping LVMH's 244.4 billion euros.
- LVMH shares sank 7.8 percent a day after the group owned by Europe's wealthiest man, Bernard Arnault, reported a two percent drop in first-quarter sales to 20.3 billion euros.
Geostrategy
Trade war to cut global oil demand: International Energy Agency
Paris, France -- Global oil demand will be lower than previously forecast this year as rising trade tensions weigh on...
- It lowered its forecast for growth in oil demand by 300,000 barrels per day (bpd) -- down from just over one million bpd in its March report to 730,000.
- Trump imposed global tariffs of 10 percent this month but paused higher levies on scores of countries for 90 days.