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
Lebanon says army will begin implementing Hezbollah disarmament plan, amid opposition from the group
Responding to questions from journalists, Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the...
Geostrategy
Business
Saudi Arabia extends 1mbpd oil cut, Russia slashes exports
The cut which first took effect for July will continue in August and "can be extended", the Saudi Press Agency...
- The move leaves daily production by the world's biggest oil exporter at approximately nine million barrels per day.
- Alexander Novak, the Russian deputy prime minister responsible for energy policy said Russia will voluntarily reduce its oil supply in the month of Aug by half a million bpd.
Geostrategy
Saudi Arabia summons Swedish ambassador over Quran burning
The kingdom had already condemned Wednesday's incident in which an Iraqi citizen living in Sweden stomped on the Muslim holy...
- Momika's Quran burning triggered widespread anger among masses and strong reactions from Arab countries
- The Organization of Islamic Cooperation has called for collective measures to avoid such incidents in future
PwC culls a raft of senior execs after Australian tax scandal
PwC Australia has been mired in controversy since January this year, when it emerged that staff had leaked information from...
- Accounting giant PwC named eight partners who had "enabled poor behaviours to persist with no accountability" -- including former Australian chief executive Tom Seymour
- Australian police have been investigating the leak since late May, while the parliament's powerful finance committee is gearing up to grill executives at a series of public hearing
Yellen to visit China, raising need to ‘responsibly manage’ ties
In Beijing, Yellen will discuss how the United States views its economic relationship with China, a senior Treasury official said...
- Yellen is expected to discuss with her counterparts the importance for both countries to responsibly manage our relationship, communicate directly about areas of concern
- Yellen's planned July 6-9 trip comes just weeks after Secretary of State Antony Blinken met China's top leader President Xi Jinping and Foreign Minister Qin Gang in Beijing
Tesla nearly doubles deliveries, beats expectations
From April to June, the Texas-based electric vehicle giant produced 479,700 cars -- an 85 percent increase compared to the...
- The nearly half million deliveries represent an 83 percent increase over the same period last year, and a 10 percent rise from the previous quarter
- In the US, Tesla has also benefited from its expanded eligibility in the government's $7,500 tax credit program for electric car buyers
Geostrategy
British lawmakers call for ‘fresh approaches” to seek Egyptian dissident’s release
London, United Kingdom--Over 100 British lawmakers on Monday expressed concern at the lack of progress in the case of a jailed...
- Alaa Abdel Fattah, the rights campaigner, is serving a five-year prison sentence for "spreading false news" by sharing a Facebook post about police brutality
- The lawmakers call for fresh "approaches" as in their opinion private lobbying of the Egyptian government even at the higest levels is yet to deliver results
Israeli army kills one Palestinian in West Bank: Palestinian health ministry
The city of Jenin and its adjacent refugee camp are a regular site of confrontations between Israeli forces and Palestinian...
- Israeli army said its forces had struck a joint operations center, which it claimed served as a command post for the "Jenin Brigade", a local militant group
- The army said the early Monday operation had targeted an "observation and reconnaissance" site, as well as a weapons storage facility
Economy
Lebanon looks to recycling to rid streets of garbage
Beirut, Lebanon--Beirut motorists pull up to a drive-through counter -- not for fast-food, but to exchange empty bottles and cardboard for...
- The country has seen a decline in recycling carried out by the government agencies during its three-year-long economic turmoil
- At Drive Throw, the recyclables are sorted carefully, highlighting how recycling could be a solution to Lebanon's trash problem
Arts & Culture
Moroccan women shake up world of Gnaoua music
Originally practiced by enslaved people and dating back at least to the 16th century, Gnaoua has gone from being practiced...
- Also known as "tagnaouite", it gained worldwide recognition after it was listed by UNESCO as intangible cultural heritage in 2019.
- Gnaoua has evolved from being practiced largely in private gatherings, where therapeutic rituals accompanied the music, to public events such as concerts and festivals.
Geostrategy
Hamas let Gaza residents pose with weapons at open exhibition
Exhibitions are also scheduled to take place on Saturday in the north and center of the Gaza Strip, where people...
- Members of the Ezzedine al-Qassam Brigades mingled with young men and women at the exhibition in Gaza City's Unknown Soldier's Square
- Among the Hamas weapons on display in Gaza City on Friday were a range of locally manufactured missiles, "Shihab" drones
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
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
Company News
Latest News
Palestinian Authority suspends Al Jazeera broadcasts
The Palestinian Authority on Wednesday ordered the suspension of broadcasts by Qatar-based Al Jazeera across the Palestinian territories, accusing the...
‘Numb’ New Orleans grapples with horror of deadly truck attack
New Orleans, United States - The celebratory atmosphere of Bourbon Street in New Orleans, long an American byword for indulgence and...
Syria Foreign Minister in Saudi Arabia, hopes the visit opens ‘new, bright page’
Last week, in an interview with Saudi-owned Al Arabiya television, Sharaa said Saudi Arabia "will certainly have a large role...
Most Read
Economy
Maysa Sabreen made first woman chief of Syrian central bank
Damascus, Syria -- Syrian authorities have appointed Maysa Sabreen as interim central bank governor, a bank official told AFP on Tuesday,...
- Sabreen, a Syrian banking expert, held the position of first deputy governor since 2018. She has also served on the central bank's management committee.
- Mohammed Issam Hazime, who headed the central bank before her, was appointed in 2021 under the rule of Bashar al-Assad.
South Korea’s Yoon: from star prosecutor to president facing arrest
Yoon is under investigation for his martial law declaration and faces criminal charges of insurrection, which could result in life...
- Investigators sought an arrest warrant against Yoon which a court issued on Tuesday.
- If arrested, Yoon would become the first S.Korean president detained before impeachment procedures
Geostrategy
UN experts demand Israel face consequences for alleged Gaza war crimes and genocide claims
The experts called for urgent, independent and thorough investigations into alleged serious violations of international law, saying Israel's continued impunity...
- Israel's retaliatory military campaign has killed more than 45,500 people in Gaza, a majority of them civilians
- The experts highlighted alleged crimes against humanity committed by Israel "including murder, torture, sexual violence.'