First India-Pakistan match since conflict fires up Asia Cup
New Delhi, India -- A blockbuster between India and Pakistan headlines the Asia Cup starting on Tuesday as they face...
Geostrategy
Turkey opposition calls extraordinary congress for Sept 21
Turkey's main opposition party has announced it will hold an extraordinary congress on September 21 after a court ousted its...
Geostrategy
Geostrategy
Libyan rival leaders to work together for oil income
TRIPOLI, LIBYA- Rivals in politically divided Libya have agreed to form a committee on sharing oil revenues, a move welcomed on...
- The UN Support Mission in Libya said the financial oversight committee's "inclusive approach" will help enable "a level-playing field for candidates in the polls.
- Ballots in Libya had been due in December 2021 but disputes including who should stand in the polls meant they were never organized.
Geostrategy
EU official denounces Israel for attacking West Bank refugee camp
A European envoy blasted Israel over the "proportionality" of the force it uses, as international envoys toured Jenin refugee camp...
- European Union representative to the Palestinian territories Sven Kuehn von Burgsdorff led a delegation of UN officials and diplomats from 25 countries to the West Bank.
- "If there is no political solution to the conflict, we are going to stand here in a week's time, in a month's time... with nothing changed," Kuehn von Burgsdorff said.
Business
Ant Group to buyback shares
Share buyback plan values Ant Group at $78.5 billion.
- The China Securities Regulatory Commission (CSRC) on Friday slapped a $984 million fine on Ant and its subsidiaries "in view of... illegal and irregular acts".
- Ant operates Alipay, the world's largest digital payments platform, which boasts hundreds of millions of monthly users in China and beyond.
Geostrategy
Four attackers, Iran policeman killed in clash
TEHRAN, IRAN - Four assailants were killed on Saturday after blasting their way into an Iranian police compound, leaving one officer...
- "Four unidentified armed individuals attacked and entered police station Number 16 of Zahedan", the capital of Sistan-Baluchistan province.
- The attackers used grenades to blast open the gates of the police station and an exchange of fire occurred.
Geostrategy
Three Palestinians killed in violence at West Bank
NABLUS, PALESTINIAN TERRITORIES - Three Palestinians were killed on Friday in the occupied West Bank, a day after the United Nations...
- Israeli forces killed two Palestinian fighters when a firefight erupted during a raid on the northern West Bank city of Nablus, officials from both sides said.
- The army said it had entered Nablus to arrest two individuals wanted over a shooting earlier this month targeting Israeli police.
Science
AI robots at UN say they could run the world in a better way
GENEVA, SWITZERLAND - A panel of AI-enabled humanoid robots told a United Nations summit on Friday that they could eventually run...
- Some of the most advanced humanoid robots were at the UN's two-day AI for Good Global Summit in Geneva.
- They were assembled for what was billed as the world's first press conference with a packed panel of AI-enabled humanoid social robots.
Geostrategy
HRW urges Tunisia to stop expelling African migrants to desert
Hundreds of migrants from sub-Saharan Africa have been left stranded in dire conditions in the south of Tunisia since being...
- Sfax, the North African country's second-largest city, is a departure point for many hoping to reach Europe by sea.
- Tunisian security forces have collectively expelled several hundred Black African migrants and asylum seekers, HRW said.
Market Report
Asian markets decline as US data spark interest rate fears
Asian stocks tumbled again after another round of strong US data reinforced expectations the Federal Reserve will resume its interest...
- Minutes from the Federal Reserve's last meeting showed officials plan to ramp up borrowing costs again this month.
- Equity-buying sentiment was hammered again by news that US private firms created twice as many jobs as expected in June.
Geostrategy
Facebook hands US users controls over fact-checked content
For years, Facebook's algorithm automatically moved posts lower in the feed if they were flagged by one of the platform's...
- Fact-checked posts can be made less visible with an option called "reduce more", which means the posts "may be moved even lower in feed so you may not see them at all".
- Another option labeled "don't reduce" triggers the opposite effect, moving more of this content higher in their feed, making it more likely to be seen.
Samsung Q2 profit may drop 95%
Global glut of semiconductors hurts company's core memory sector.
- The tech giant Samsung Electronics said in a regulatory filing that April-June operating profits were expected to drop 95.7 percent to 600 billion won ($458 million)
- The announcement comes as securing supplies of advanced chips has become a crucial issue internationally, with US and China locked in a fierce battle to control the market
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
First India-Pakistan match since conflict fires up Asia Cup
New Delhi, India -- A blockbuster between India and Pakistan headlines the Asia Cup starting on Tuesday as they face...
Geostrategy
Company News
Latest News
Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid
The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...
Geostrategy
Jordan king set for tense Trump talks as Gaza truce under strain
The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both...
Geostrategy
Chinese auto giant BYD to integrate DeepSeek, broaden self-driving tech
BYD will install its "God's Eye" autonomous driving system in at least 21 models, including the Seagull budget hatchback priced...
Business
Most Read
Geostrategy
Under US takeover plan, Palestinians will have no right of return to Gaza: Trump
Trump told Fox News Channel’s Bret Baier that "I would own it" and that there could be as many as...
- Arab League chief Ahmed Aboul Gheit said on Sunday that the thinking behind Netanyahu's remarks "is unacceptable and reflects a complete detachment from reality"
- The Saudi foreign ministry stressed its "categorical rejection to such statements that aim to divert attention from the continuous crimes in Gaza
Geostrategy
Egypt to host emergency Arab summit on Palestinians: foreign ministry
Cairo, Egypt -- Egypt will host a summit of Arab nations on February 27 to discuss "the latest serious developments" concerning...
- The "emergency Arab summit" comes as Egypt has been rallying regional support against US President Donald Trump's plan to relocate Palestinians from Gaza to Egypt and Jordan.
- The remarks have prompted global backlash, and Arab countries have firmly rejected the proposal, insisting on an independent Palestinian state alongside Israel.
Geostrategy
Iran ready to negotiate with US but not under ‘maximum pressure’: minister
In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its...
- In 2015, Iran struck a landmark deal with the United States, France, Germany, Britain, China and Russia to regulate its nuclear programme in return for the easing of international
- However, in 2018, during his first term, Trump unilaterally withdrew the United States from the agreement and reinstated heavy sanctions on Tehran, despite European opposition