Global oil supply hit record high in August: IEA
Paris, France -- Global oil supply hit a record high in August as OPEC+ and other countries ramped up production,...
Economy
Russian drones in Poland put NATO to the test
The intrusion of Russian drones into Poland -- whether deliberate, as Ukraine's European allies contend, or accidental -- is a...
Geostrategy
Geostrategy
Clashes between rival factions in Libya capital kill 27: medics
Some 234 families were evacuated from front line areas in the capital's southern suburbs, along with dozens of doctors and...
- The clashes erupted over the detention of the head of the 444 Brigade by the rival Al-Radaa Force
- Social council in Soug el-Joumaa said a ceasefire would follow the transfer of the force's commander
Business
Saudi Arabia lures football stars with big money
From Cristiano Ronaldo to Neymar, the kingdom is offering eye-watering salaries to international football stars to bring them over from...
- Ronaldo's arrival in January to play for Al-Nassr drew global attention to ongoing efforts to boost the Saudi Pro League
- The signing up of Neymar, Brazil forward who quit Paris Saint-Germain after six seasons, for Al-Hilal is another coup for the Saudis
Geostrategy
Nearly 40 migrants rescued, others found dead off Cape Verde
The boat was spotted on Monday almost 200 miles from the island of Sal by a Spanish fishing boat, which...
- Media reported that the "pirogue" style boat common in the region left Senegal a month ago
- Senegal's foreign ministry said that 38 people were rescued from the migrant boat off the Cape Verde coast
Tunisian interfaith procession urges tolerance for immigrants
During the Feast of the Assumption ceremony in Tunis' La Goulette suburb on Tuesday, Catholic and Muslim participants marched behind...
- Archbishop of Tunis said the procession aimed to show how La Goulette and Tunisia could offer a model for coexistence between different religions and nationalities
- Humanitarian sources say at least 2,000 sub-Saharan Africans have been expelled or forcibly transferred by Tunisian security forces to desert regions bordering Libya or Algeria
Arts & Culture
Iran sentences film-maker over Cannes-selected movie
The film-makers will only serve one-twentieth of their sentence, about nine days, while the remainder "will be suspended over five...
- "Leila's Brothers", a rich and complex tale of a family struggling with economic hardship in Tehran, has been banned in Iran since its release last year
- Saeed Roustaee and the movie's producer Javad Noruzbegi were found guilty of "contributing to propaganda of the opposition against the Islamic system"
Arts & Culture
Brazil footballer Neymar to join Saudi Arabia’s Al-Hilal
Paris, France - Brazil forward Neymar has signed for Saudi Arabia's Al-Hilal from Paris Saint-Germain, the clubs announced on Tuesday, joining...
- "I am here in Saudi Arabia, I am Hilali," the star Brazil and PSG player Neymar said in a video posted to Al Hilal's social media accounts.
- Neymar, 31, scored 118 goals in 173 matches for PSG in six injury-plagued seasons. He won five Ligue 1 titles and three French Cups
Business
Flights halted at Tripoli’s only civilian airport after clashes
The fighting between the 444 Brigade and the Al-Radaa Force, or Special Deterrence Force, erupted on Monday night and carried...
- Plumes of smoke were seen in Tripoli and gunfire was heard in the densely populated suburb of Ain Zara before it spread to areas near the airport and Tripoli University
- Libya has been plagued by divisions fueled by the proliferation of armed groups with shifting allegiances since the 2011 overthrow of Moamer Kadhafi.
Economy
Lebanon freezes former central bank governor’s bank accounts
Seen as a key culprit in the country's dramatic economic crash, former governor Riad Salameh's bank accounts were ordered to...
- He is wanted in France and Germany, and Interpol has issued a Red Notice for his arrest
- Lebanon's fractious political class has failed to name a replacement for Salameh
Geostrategy
Another Trump indictment looms as grand jury hears election case
Atlanta, United States - Prosecutors investigating Donald Trump's efforts to overturn the 2020 election in the US state of Georgia were...
- The case would be the fourth brought against Trump this year -- it could lead to the first televised trial of a former president
- Donald Trump posted a number of messages to his Truth Social platform, and called the matter "ridiculous"
Geostrategy
Baghdad zoo animals suffer 50C heat
Underfunded and run down by years of unrest, the zoo's dilapidated facilities make matters worse for its 900 animals, including...
- In an attempt to lower the temperature, air coolers have been installed in front of the lion cages, and pools are provided for the bears and tigers
- The veterinarian said the zoo has lost bears, lions and birds in recent years, some of them because of the soaring temperatures caused by climate change.
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
Global oil supply hit record high in August: IEA
Paris, France -- Global oil supply hit a record high in August as OPEC+ and other countries ramped up production,...
Economy
Company News
Latest News
Lawyer complains Turkish student held in US ‘abducted’
A lawyer representing a Turkish university student detained in the United States and facing deportation said Thursday that his client...
Geostrategy
Palestinian sources say Hamas, mediators in new talks to revive Gaza truce, hostage release deal
Negotiations between Hamas and Israel, mediated by Egypt along with Qatar and the United States, have been deadlocked for weeks...
Geostrategy
Firms and researchers at odds over superhuman AI
The belief that human-or-better intelligence -- often called "artificial general intelligence" (AGI) -- will emerge from current machine-learning techniques fuels...
Science
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Geostrategy
From cars to champagne: Trump’s expanding tariffs trigger trade war fears
Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...
- In early March, Trump imposed a 20 percent tariff on products from China, which has a huge trade surplus with the United States and was already his top target during his first term
- Trump announced earlier he would slap 25-percent tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India.
Geostrategy
Lebanon cabinet appoints Karim Souaid central bank governor
Born in 1964, Souaid officially takes over after embattled former chief Riad Salameh's term expired in July 2023 with no...
- First vice-governor Wassim Manssouri had been acting head of the bank, a post that is traditionally reserved for a Maronite Christian in Lebanon's sectarian power-sharing system.
- Souaid is the founder and managing partner at Gulf-based Growthgate, according to his biography on the private investment firm's website.
Geostrategy
Israel PM threatens to seize parts of Gaza over fate of hostages
Prime Minister Benjamin Netanyahu threatened Wednesday to seize parts of Gaza if Hamas did not release hostages, while the militant...
- Israel's resumption of intense bombardment and ground operations across Gaza shattered weeks of relative calm brought by a fragile ceasefire
- According to the health ministry in Hamas-run Gaza, 830 people have been killed in the territory since Israel restarted its strikes on March 18