Oil prices gain, as equities extend record run higher
Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...
Business
‘Tuna King’ pays record $3.2 mn for bluefin at Tokyo auction
Tokyo, Japan -- A Japanese sushi entrepreneur paid a record $3.2 million for a giant bluefin tuna Monday at an...
Business
Geostrategy
Suspect in Charlie Kirk killing caught, widow vows to carry on fight
The widow of prominent right-wing activist Charlie Kirk pledged Friday to carry on her husband's work, after US authorities announced...
- Investigators had appeared to be making slow progress in the hunt for whoever gunned down Donald Trump's close ally, until they released security camera images of a young man
- The 31-year-old Kirk was hit by a single bullet while addressing a large crowd at Utah Valley University in the town of Orem on Wednesday
Geostrategy
Russia says Ukraine peace talks with Kyiv on pause as NATO bolsters defences
Russia said Friday that peace talks with Kyiv were on "pause" as President Volodymyr Zelensky warned that his Russian counterpart...
- Despite Trump forcing the warring sides to hold direct talks and hosting Putin in Alaska, there has been no significant progress towards ending the war
- Russia's army has gained territory and Putin has vowed to carry on fighting if his peace demands -- including Ukraine ceding yet more land -- are not met
Geostrategy
Fifty reported dead in Gaza as Israel steps up attacks to capture main city
Israel has said it intends to capture the territory's largest urban centre, which it describes as one of the last...
- Israel has said it intends to capture the territory's largest urban centre, which it describes as one of the last strongholds of the Palestinian militant group Hamas
- The United Nations and members of the international community have warned against the assault for fear it will worsen the already dire humanitarian situation in Gaza City
Geostrategy
Jailed Istanbul mayor in court over ‘falsified degree’
Istanbul's jailed opposition mayor Ekrem Imamoglu went on trial Friday on charges of falsifying his university degree.
- The mayor is a popular figure, regarded as the only politician capable of beating President Recep Tayyip Erdogan at the ballot box
- He was detained on March 19 and jailed several days later as part of a corruption investigation, a move that sparked Turkey's worst street protests in over a decade
Business
Market value of camels at Crown Prince Festival reaches $66 million
Taif, Saudi Arabia -- The market value of the camels competing in the final rounds of the 2025 Crown Prince...
- The seventh edition of the festival, organized by Saudi Camel Sports, began on September 2 under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud.
- The competition featured a total of 249 rounds, with prize money exceeding SAR50 million. The final four rounds, covering a distance of 24 kilometers, will be held on Friday.
Geostrategy
China urges ‘dialogue’ with US over TikTok: ministry
Beijing, China -- China urged the United States on Friday to address their TikTok dispute through dialogue, as top leaders...
- The deadline for the popular app to find a non-Chinese buyer or be banned in the United States is September 17, after President Donald Trump extended it for the third time.
- A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's January inauguration.
Geostrategy
UN General Assembly votes for Hamas-free Palestinian state
The text was adopted by 142 votes in favor, 10 against -- including Israel and key ally the United States...
- It also calls for "collective action to end the war in Gaza, to achieve a just, peaceful and lasting settlement of the Israeli-Palestinian conflict based on the effective implement
- The New York Declaration includes discussion of a "deployment of a temporary international stabilization mission" to the battered region.
Geostrategy
UAE summons Israel envoy over ‘cowardly’ Qatar attack, condemns Netanyahu’s statements
The UAE, along with Bahrain, was the first Gulf country to normalize ties with Israel in 2020 and has been...
- Friday's rare summoning was the strongest in a chorus of condemnations as anger boils in the Gulf over Israel's strike on a region long shielded from Middle Eastern conflicts.
- The rebuke comes amid a diplomatic frenzy over the attack with an emergency Arab-Islamic summit planned in Doha to discuss a regional response to the attack.
Geostrategy
Iran says enriched nuclear material ‘under rubble’ of facilities hit during Israel war
Tehran, Iran - Iranian Foreign Minister Abbas Araghchi said Thursday that enriched nuclear material remained "under the rubble" of facilities...
- "All of our material is... under the rubble of the bombed facilities," said Araghchi in an interview, adding that Iran's Atomic Energy Organization was assessing the condition
- The remarks came after Iran and the International Atomic Energy Agency (IAEA) agreed a new cooperation framework on Tuesday
Economy
Turkey cuts interest rate again as inflation eases
Turkey's central bank on Thursday cut its policy interest rate for a second meeting in a row as the country's...
- Turkey's central bank had raised its key interest rate to 46 percent in April after protests over the jailing of Istanbul's powerful opposition mayor
- The bank decided to reduce it again on Thursday to 40.5 percent -- a bigger cut than the two-percentage-point reduction expected by analysts
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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
Oil prices gain, as equities extend record run higher
Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...
Business
Company News
Latest News
Trump optimistic after Ukraine talks as Rubio says ‘more work’ needed to end war
US President Donald Trump said Sunday there was a "good chance" of a deal to end the war in Ukraine...
Geostrategy
Pope urges Lebanese to stay in their country despite difficulties
Leo emphasized the need for peace, using the word more than 20 times during the address, without mentioning any specific...
Geostrategy
‘Dinosaur tartare’ and holograms: Dubai AI chef sparks awe and ire
Dubai, United Arab Emirates -- A Dubai restaurant has opened that prides itself on having the world's "first AI chef",...
Arts & Culture
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Arts & Culture
Crowd braves rain to flock to Pope Leo’s mass in Istanbul
After two days of blue skies and sunshine, the heavens opened, but the downpour did little to dampen the enthusiasm...
- Earlier, the leader of the world's 1.4 billion Catholics visited Istanbul's Blue Mosque, huddled with local church leaders and met Orthodox Ecumenical Patriarch Bartholomew I
- Ahead of the ceremony, the streets were filled with umbrellas as people walked through the rain towards the stadium, the crowd giving off a palpable buzz of excitement
Geostrategy
Hezbollah says has ‘right’ to respond to Israel’s killing of military commander
Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...
- In a televised speech, Naim Qassem called the killing of Haytham Ali Tabtabai "a blatant aggression and a heinous crime", adding that his group had "the right to respond."
- Qassem insisted that the Iran-backed group has respected the November 2024 ceasefire that sought to end over a year of hostilities with Israel
Geostrategy
Negotiations under way on Hamas fighters trapped in Gaza tunnels: sources close to talks
An Israeli government spokesperson told AFP earlier this month that Prime Minister Benjamin Netanyahu "is not allowing safe passage for...
- Israeli media has reported that for weeks that between 100 and 200 Hamas militants have remained trapped in a network of tunnels under the city of Rafah
- A prominent Hamas member in Gaza told AFP that the group estimated their number to be between 60 and 80, and said they were "under siege" but would not surrender