Amazon’s Starlink rival lands first major airline deal
Washington, United States -- JetBlue Airways will become the first airline to use Amazon's Project Kuiper satellite network to power...
Business
Israel security agency says foiled Hamas plot to kill far-right minister
srael's internal security service said on Wednesday it had foiled a plot by Palestinian militant group Hamas to kill far-right...
Geostrategy
Geostrategy
Iran blames US, France and many others for fomenting Amini protests
Kazemi alleged that the United States, the United Kingdom, France, Germany, Canada, Belgium, Italy and Iran's arch-foe Israel were among...
- Many of the countries Kazemi has listed had publicly expressed their support for the protests and imposed sanctions against Iran
- Britain, the US and the European Union have imposed several rounds of sanctions on Iran over its response to the protest movement
Geostrategy
France to provide Tunisia with financial aid to curb migrant flows
The financial assistance would allow Tunisia to "acquire the necessary equipment and organize useful training, in particular for Tunisian police...
- French Interior Minister Gerald Darmanin announced the "bilateral aid of 25.8 million dedicated to migration issues" during a visit to Tunis
- During a meeting with Darmanin and German Interior Minister, Tunisian President warned that Tunisia will not "guard borders other than its own"
Nearly US$1.5bn pledged to fend off Sudan humanitarian crisis
UN chief Antonio Guterres has warned that Sudan is descending into death and destruction at unprecedented speed as he urged...
- Qatar's PM Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani told the conference there was "no military solution" to the conflict, as he pledged $50 million
- United States pledged the most at $550 million, followed by Germany with $162 million and the European Commission on $151 million, according to the United Nations
Economy
Oman’s economic growth to reach 2.7 percent in 2024, says IMF
MUSCAT, OMAN - Oman’s economic growth is expected to rebound to 2.7 percent in 2024 but will slip in 2023...
- The projections reflect the oil production cuts by OPEC+, moderate growth in the non-hydrocarbon sector and a slowdown in global economic activity.
- Oman's real GDP rose by 4.3 percent in 2022, basically on an expansion of the hydrocarbon sector.
Science
Historic achievement: UN adopts first treaty to protect high seas
Following more than 15 years of discussions, UN member states finally agreed on the text for the treaty in March...
- The landmark treaty will establish a legal framework to extend swathes of environmental protections to international waters, which make up more than 60% of the oceans.
- The treaty is seen as crucial to countries protecting 30 percent of the world's oceans and lands by 2030, as agreed by world governments.
Business
India’s IndiGo places record order for 500 Airbus A320
Indian carrier IndiGo said it had ordered a 500 A320 airliners from European manufacturer Airbus at the Paris Air Show....
- Airbus boss Guillaume Faury said the signing was "an enormous milestone, to our knowledge and recollection no-one has ever ordered" so many planes at a stroke.
- With an order book now at over 1,300 aircraft, the contract also makes IndiGo Airbus' largest customer for the A320 family.
Business
Europe world’s fastest warming continent, says EU climate report
The report by the World Meteorological Organization and the European Union's Copernicus Climate Change Service said the continent was some...
- The continent, which has been warming at twice the global average since the 1980s, saw its warmest summer on record last year.
- Severe heat left more than 16,000 people dead last year, the report said, while floods and storms accounted for most of the $2 billion in damages from weather and climate extremes.
Geostrategy
Israeli forces kill four Palestinians in West Bank raid
"Two martyrs and 28 injured as a result of the ongoing (Israeli) aggression on Jenin," a statement from the Palestinian...
- Jenin's deputy governor, Kamal Abu al-Rub, told AFP the Israeli forces had launched the raid at around 04:00 am (0100 GMT)
- The Israeli army did not immediately provide any information on the raid in the northern West Bank city when contacted by media
Geostrategy
Xi says China, US ‘made progress’ in Blinken visit
Blinken opened the day by meeting China's top diplomat, Wang Yi, whose position in the Communist Party ranks above the...
- Blinken's visit is the highest-level trip by a US official to China in nearly five years with ties severely strained between the world's two largest economies
- Xi, China’s most powerful leader in decades, met Blinken at the capital’s Great Hall of the People just after 4:30 pm (0830 GMT)
Asian, European markets drop as China stimulus hopes fade
Equities enjoyed a strong run-up last week, partly on the back of hopes that Beijing would unveil a raft of...
- Tokyo, Hong Kong, Shanghai, Seoul, Mumbai, Singapore, Taipei, Manila, Jakarta, Bangkok and Wellington were all down, though Sydney rose
- Pound will be in view this week as the Bank of England holds its latest policy meeting, with expectations for another hike to battle persistently high inflation
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
Amazon’s Starlink rival lands first major airline deal
Washington, United States -- JetBlue Airways will become the first airline to use Amazon's Project Kuiper satellite network to power...
Business
Company News
Fire at Iraqi oil refinery injures 13
Geostrategy
Latest News
Biden cancels $4.28 bn more in student debt before leaving office
Washington, United States -- US President Joe Biden said Friday he was canceling student loans for an additional 55,000 Americans, which...
Geostrategy
Honda and Nissan in merger talks as electric vehicle competition intensifies
Tokyo, Japan --Japanese auto giant Honda and its struggling rival Nissan will reportedly begin talks on a merger to boost their...
Business
Turkey, Iran leaders at Cairo summit urge action to address Gaza, Syria crises
Cairo, Egypt -- The leaders of Turkey and Iran were in Egypt on Thursday for a summit of eight Muslim-majority countries,...
Geostrategy
Most Read
HRW accuses Israel of ‘acts of genocide’ for restricting Gaza water access
Human Rights Watch (HRW) accused Israel of committing "acts of #genocide" in the Gaza Strip by damaging water infrastructure and...
- "Systematic nature" to deprive Gazans of water has "likely caused thousands of deaths"- HRW
- Israel also cut electricity supplies, attacked repair workers and blocked imports of repair materials
Geostrategy
UN urges ‘free and fair’ elections in Syria post-Assad ouster amid ongoing challenges
Turkey's Foreign Minister warned Syria's new government to address Kurdish militancy, signaling potential intervention if unresolved with tensions rising with...
- UN humanitarian chief Tom Fletcher called for a massive aid boost by donor countries to respond to "this moment of hope" for Syria
- Years of civil war have also left the country heavily dependent on aid, deeply fragmented and desperate for justice and peace
UN envoy warns Syria conflict not over yet
United Nations' special envoy for Syria, Geir Pedersen, referring to fighting between the US-backed, Kurdish-led Syrian Democratic Forces (SDF) and...
- Israel has carried out hundreds of strikes on Syrian military assets since Assad's overthrow
- Large-scale returns of refugees to Syria could destabilize the country further