Israeli strikes shake quiet Qatar, strain US ties
It also cast serious doubt on Qatar-mediated Gaza ceasefire talks and undermined security reassurances to the Gulf from key ally...
Geostrategy
Israel forum says concerned for Gaza hostages after Doha strikes
The main Israeli group campaigning for the release of hostages held in Gaza expressed "deep concern" following an Israeli attack...
Geostrategy
Lebanon marks 3 years since catastrophic Beirut blast
The main activist group representing families of those killed has called for a protest march on Friday afternoon, converging on...
- On August 4, 2020, the massive blast at Beirut's port destroyed swathes of the Lebanese capital, killing more than 220 people and injuring at least 6,500
- Authorities said the disaster was triggered by a fire in a warehouse where a vast stockpile of industrial chemical ammonium nitrate had been haphazardly stored for years
Amazon, Apple beat earnings forecasts
Apple views AI as integral to its growth.
- Profits for Apple's third fiscal quarter were $19.9 billion, up 2.3 percent from the year-ago period, revenues again declined, this time by 1.4 percent to $81.8 billion
- Bright spots for the tech giant included an "all-time high" in services revenue, comprised of the App store, Apple pay and Apple TV and other subscription services
US aims to deploy troops on tankers to deter seizures by Iran
The US military says Iran has either seized or attempted to take control of nearly 20 internationally flagged ships in...
- The US security forces would provide a further layer of protection for the tankers in addition to the warships and planes operating in the strategically vital area
- Pentagon spokesman Brigadier General Pat Ryder and National Security Council spokesman John Kirby both declined to confirm reports of the planned deployment
Dozens of court cases in Morocco tied to online activity: Rights group
The Moroccan Association for Human Rights said proceedings were launched "on the basis of political opinions, investigations, press articles published...
- The group said rights activists, as well as ordinary people, have been jailed on charges ranging from "attacking Islam or the monarchy" to "insulting civil servants."
- The authorities say they are battling defamation and "attacks against individual freedoms" on social networks, calling these "crimes" punishable by imprisonment
Sad day for America, says Trump after court appearance
Former US president Donald Trump pleaded not guilty on Thursday to criminal charges that he conspired to overturn the results...
- Trump says he was a victim of "persecution of a political opponent" after pleading not guilty.
- The former president faces four federal charges stemming from Special Counsel Jack Smith's investigation into 2020 election and the Capitol Hill riots.
Business
Adidas posts $92m Q2 profit
Adidas now expects to end the year with an operating loss of $492m.
- The German sportswear giant reported a net profit of 84 million euros ($92 million) from April to June.
- Adidas shares were up 1.4 percent on the Frankfurt Stock Exchange after the results were released.
Geostrategy
Lebanon hands over alleged Italian mafia member, says judicial official
BEIRUT, LEBANON - Lebanon on Thursday handed over to Italian authorities an alleged member of Italy's notorious 'Ndrangheta mafia wanted for...
- Lebanese authorities handed over Bartolo Bruzzaniti, 48 ... to an Italian security delegation.
- Bruzzaniti was arrested in early July in a restaurant in Jounieh, north of the capital Beirut.
Arts & Culture
Gaza open-air cinema a breath of fresh air for Palestinians
Cinemas were forced to close in the late 1980s during the first Palestinian uprising, or intifada. They reopened following the...
- The first film screenings in Gaza date to the 1940s, with the opening of the Samer Cinema, whose building now houses a car dealership.
- Cinemas were forced to close in the late 1980s during the first Palestinian uprising, or intifada.
Business
AI anxiety: workers fret over uncertain future
Legal assistants, programmers, accountants and financial advisors are among those professions feeling threatened by generative AI.
- Goldman Sachs analysts see generative AI impacting, if not eliminating, some 300 million jobs, according to a study published in March.
- AI is bringing with it a level of apprehension matched by climate change and the Covid-19 pandemic, a therapist said.
Geostrategy
Russian oil price cap under growing scrutiny as prices rise
The mechanism, a price ceiling of $60 per barrel on Russian oil, was agreed and introduced by the European Union,...
- It aims to restrict Russia's revenue as punishment for its invasion of Ukraine, while making sure Moscow keeps supplying the global market.
- With oil prices on the rise after months in the doldrums, the cap's impact -- and limits -- could now come into clearer focus.
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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
Israeli strikes shake quiet Qatar, strain US ties
It also cast serious doubt on Qatar-mediated Gaza ceasefire talks and undermined security reassurances to the Gulf from key ally...
Geostrategy
Company News
Explosions reported near two ships off Yemen
Geostrategy
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Turkey braces for fourth night of protest as mayor arrives in court
Turkey was headed for a fourth straight night of protests late Saturday, as the biggest street unrest the country has...
Geostrategy
Tens of thousands in France protest against racism and far-right
Tens of thousands of people in Paris and other French cities on Saturday rallied against racism and the rise of...
Geostrategy
Israel conducts deadly strikes on Lebanon after ‘cross-border rocket fire’ denied by Hezbollah
Israeli defence chiefs said they held the Lebanese government responsible for all hostile fire from its territory regardless of who...
Geostrategy
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Business
Perplexity eyes TikTok buy
TikTok faces a deadline to divest from its Chinese owner or be banned in the US.
- TikTok temporarily shut down in the United States and disappeared from app stores as the deadline for the law approached, to the dismay of millions of users.
- Trump suspended its implementation for two-and-a-half months after beginning his second term in January, seeking a solution with Beijing.
Geostrategy
Russia hopes for ‘progress’ at upcoming Saudi talks: negotiator
Moscow has rejected a joint US-Ukraine proposal of a full and unconditional 30-day ceasefire, instead suggesting just to halt aerial...
- US negotiators will meet separately with Ukrainian and Russian delegations in Riyadh, in what US envoy Keith Kellogg described as "shuttle diplomacy" between hotel rooms.
- Despite the flurry of diplomacy and push from US President Donald Trump, a breakthrough has so far proved elusive.
Geostrategy
Istanbul Bar Association board dismissed over ‘terror propaganda’
The Istanbul Bar Association's executive board was dismissed Friday on grounds of "terrorist propaganda" and "publicly spreading false information", according...
- The Turkish military insists it never targets civilians but only terror groups
- The bar association issued a statement saying "targeting members of the press in conflict zones