AI-powered meet-up apps fight ‘epidemic of’ loneliness
San Francisco, United States -- On a summer evening in San Francisco, JT Mason went to dinner with five complete...
Arts & Culture
From hotels to high fashion, Armani’s luxury empire
Milan, Italy - Giorgio Armani's death leaves a vacuum at the top of his billion-dollar luxury business, an independent empire...
Arts & Culture
Geostrategy
Operator of Titanic sub that imploded suspends all expeditions
The Titan sub was reported missing on June 18 and the US Coast Guard said on June 22 that the...
- US-based OceanGate said on its website that it had "suspended all exploration and commercial operations" after the tragedy, in which company CEO Stockton Rush was among the dead.
- Also on board were British explorer Hamish Harding, French submarine expert Paul-Henri Nargeolet, and Pakistani-British tycoon Shahzada Dawood and his son Suleman.
Business
Taiwan chip giant sees no production hit from China curb on rare metals
Taipei, Taiwan -- Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest...
- China's Ministry of Commerce and Customs announced Monday that exports of gallium and germanium will require a license from Aug. 1 over security concerns.
- TSMC did not elaborate on the long-term indirect impacts but said it would monitor the situation closely.
Families of Israelis missing in Gaza seek UN, Red Cross help
Israeli soldiers Oron Shaul and Hadar Goldin were killed during Israel's 2014 invasion of the Gaza Strip, and their remains...
- The Israeli authorities say both the missing citizens are mentally unstable, and both are presumed alive
- Various attempts to release them in exchange for Palestinian prisoners have failed in recent years
Business
First Saudi at Paris Fashion Week underlines dramatic changes
Paris, France - Saudi Arabia is continuing its multi-billion-dollar entry into all aspects of global culture, hitting a new milestone on...
- Mohammed Ashi's haute couture show - his first as part of the official roster after years of dressing top celebrities - is "the peak of my career," he said at a cocktail soiree
- Ashi forged his own path, having left the kingdom three decades ago, but his promotion to the top league is neatly timed as Riyadh announces its own fashion week in October
Business
Meta launches Twitter rival Threads, 10m sign-ups in first few hours
More than 10 million people have signed up to Threads, Meta's rival to Twitter, within the first few hours of...
- Threads is the biggest challenger yet to Elon Musk-owned Twitter, which has seen a series of potential competitors emerge but not yet replace it.
- Celebrities such as Jennifer Lopez, Shakira and Hugh Jackman, as well as media outlets including The Washington Post, Reuters and The Economist join.
Business
Markets down after Chinese data flops, EU oil prices decline
London, United Kingdom - Stock markets retreated Wednesday on poorly-received Chinese data, as investors looked ahead to the reopening of Wall...
- All eyes later will be on the release of minutes from the US Federal Reserve's June policy meeting.
- The minutes will be followed Friday by closely-watched US jobs data, a key guide to the state of the world's top economy.
Geostrategy
Saudi Arabia says oil production cut not at odds with Russia
Oil producers are grappling with falling prices and high market volatility amid fears of global economic slowdown and the Russian...
- On Monday, Riyadh said that it would extend a production reduction of one million barrels per day (bpd), which began in July, to August to boost prices.
- At the same time, its ally in the OPEC+ group of oil producers, Russia, decided to slash exports by 500,000 bpd in August.
Geostrategy
MSF suspends ‘vital’ medical aid from Iraq’s Mosul
Mosul, Iraq -- Medical charity Doctors Without Borders announced Wednesday the suspension of "vital" medical activities in two hospitals in the...
- Doctors Without Borders blamed Iraq's bureaucracy of delaying the delivery of supplies to two health facilities.
- The group's activities are crucial for the major city in northern Iraq, where the healthcare sector is struggling to recover from years of war and neglect.
Economy
Turkey’s inflation rate slows to 38.2 percent in June
According to the TUIK state statics agency, the rate slowed from 39.6% in May. But a separate study released by...
- Many economists are warning that inflation will start growing faster because of the spending pledges made by President Erdogan during May's election
- Since Erdogan extended his rule into a third decade in a hard-fought runoff election on May 28, the lira has lost more than 23% of its value against the dollar
Geostrategy
Israeli army calls off operation that killed 12 Palestinians in Jenin
The raid, Israel's biggest military operation in years in the West Bank, employed hundreds of troops as well as drone...
- The Israeli military launched the raid on the Jenin refugee camp early on Monday under the orders of Prime Minister Benjamin Netanyahu's hard-right government
- Israeli military said its forces had dismantled six explosives manufacturing facilities and three operational situation rooms in Jenin, and confiscated large quantities of weapons
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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
AI-powered meet-up apps fight ‘epidemic of’ loneliness
San Francisco, United States -- On a summer evening in San Francisco, JT Mason went to dinner with five complete...
Arts & Culture
Company News
Airbus nets satellite deal
Business
Latest News
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...
Geostrategy
Israel orders negotiators to Doha after fifth hostage-captive swap completed under truce deal
Hamas official Bassem Naim warned that Israel’s "procrastination" in implementing the agreement could jeopardize the ceasefire, as negotiations began on...
Geostrategy
Israel to receive US-made bombs and Hellfire missiles worth $7.4 bn despite past curbs under Biden administration
The State Department has signed off on the sale of $6.75 billion in bombs, guidance kits and fuses, in addition...
Geostrategy
Most Read
Israel orders army to prepare Gaza exodus plan as Trump rules out US troop deployment in the territory
Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could...
- Trump proposes U.S. control of Gaza but rules out deploying American troops
- UN warns forced displacement of Palestinians would amount to ‘ethnic cleansing
Geostrategy
West Bank’s Jenin camp going in ‘catastrophic direction’: UNRWA
The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed...
- The operation has also seen troops levelling buildings in a refugee camp adjacent to Jenin, according to UNRWA spokeswoman Juliette Touma.
- "Large parts of the camp were completely destroyed in a series of detonations by the Israeli forces. It is estimated that 100 houses were destroyed or heavily damaged," she said.
Geostrategy
Trump, Netanyahu to discuss Gaza ceasefire, regional stability in White House meeting
Trump has floated a controversial plan to relocate Palestinians to neighboring countries, but Egypt, Jordan, and ceasefire mediator Qatar have...
- Netanyahu is in Washington for talks with the new Trump administration on a second, longer-term phase of Israel's fragile truce with the Palestinian group Hamas
- Trump has meanwhile repeatedly touted a plan to "clean out" Gaza, calling for Palestinians to move to neighboring countries such as Egypt or Jordan