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
Lost for 50 years, Nobel patents found in Swedish summer home
Stockholm, Sweden -- A dozen patents belonging to Swedish inventor and philanthropist Alfred Nobel and lost for almost 50 years...
Geostrategy
EU lawmakers to back world’s first rules on AI systems like ChatGPT
The EU's plans date back to 2021, the draft rules took on greater urgency when ChatGPT exploded onto the scene...
- Once adopted by the EU parliament, officials say negotiations for a final law with the bloc's 27 member states will begin almost immediately, starting later Wednesday
- The EU law will regulate AI according to the level of risk: the higher the risk to individuals' rights or health, for example, the greater the systems' obligations
US judge pauses Microsoft’s $69 billion buyout of Activision
Judge Edward Davila said in a ruling that it "is necessary to maintain the status quo" while the court considers...
- The ruling came a day after the FTC asked a federal court to prevent Microsoft from completing its blockbuster buy of Activision Blizzard as it considers regulatory action
- An FTC hearing is set for August to argue the merits of the deal, and a restraining order would block the accord before that process has run its course
Economy
Iraq seizes big haul of captagon pills headed for local market
Continuing with its crackdown against drug traffickers in the country, Iraq security forces on Tuesday said they had taken into...
- A few months back, Iraqi authorities impounded three million captagon tablets at the border with Syria, a big producer of the drug
- In May, the country's security forces said they had seized 12 million benzhexol pills, a pharmaceutical drug also taken recreationally
Economy
US consumer inflation drops 11th straight month
WASHINGTON, US - Consumer inflation in the United States cooled for an 11th straight month in May, the Labor Department said...
- The consumer price index (CPI) jumped 4.0 percent from a year ago, in line with analyst expectations and down from a 4.9 percent rise in April.
- On a monthly basis, the CPI rose 0.1 percent in May, decelerating from 0.4 percent in April, the Labor Department said.
Geostrategy
Saudi Arabia announces international conference on Sudan aid
Saudi Arabia announced that it would jointly lead a conference on the humanitarian response to the war in Sudan next...
- Saudi Arabia and the United States have been mediating in the eight-week conflict.
- The kingdom played a leading role in evacuating thousands of foreigners from Sudan early in the war.
Geostrategy
Iranian nuke expert, EU officials review Tehran’s atomic program
A landmark deal in 2015, formally known as the Joint Comprehensive Plan of Action (JCPOA), gave Iran sanctions relief in...
- Germany's foreign ministry said the meeting took place on Monday and that discussions broached topics concerning Iran's nuclear program.
- Iran's nuclear program has long been the subject of scrutiny from Western powers, resulting in sanctions that have hit the country's economy.
Geostrategy
Palestinian dies as fresh violence hits West Bank
Israeli forces killed a Palestinian in a West Bank raid while four Israelis were injured in a separate shooting incident,...
- Israel's Magen David Adom emergency service said it had treated five Israelis wounded by gunfire close to the northern West Bank city of Jenin.
- Since the start of the year, at least 158 Palestinians, 21 Israelis, a Ukrainian and an Italian have been killed in Israel-Palestine violence.
Business
Stock markets rise globally on cooling US inflation
Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...
- The dollar fell against other major currencies as the greenback usually benefits from higher interest rates.
- The US central bank has raised interest rates 10 straight times in efforts to combat elevated inflation.
Geostrategy
UN calls on Libya to treat migrants, asylum seekers with dignity
War-torn Libya is regularly criticised for its handling of migrants, with rights groups alleging horrific treatment by smuggling gangs and...
- Libyan authorities have arrested thousands of men, women and children from the streets and their homes or following raids on alleged traffickers' camps
- Libyan authorities must grant United Nations agencies and aid organizations "unimpeded access to detainees in need of urgent protection", UNSMIL added
Economy
UN working to renew Ukraine grain export deal
That crucial accord granting safe passage for Ukrainian grain to be exported via Black Sea ports despite Moscow's invasion was...
- Grain deal helped alleviate food shortages triggered by the Russian invasion of Ukraine, a major grain exporter, and its blockade of Ukrainian ports
- The resumption of Russia's ammonia exports through the pipeline is one of Moscow's conditions to continue with the grain export deal
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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
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
Company News
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US contacts Syria’s HTS, Turkey reopens embassy, as Assad allies Iran and Russia face setbacks
The United States said Saturday it had made contact with Syria's victorious Hayat Tahrir al-Sham rebels, despite previously designating the...
Geostrategy
Family-friendly ‘Astro Bot’ wins highest award at Oscars of video games
Los Angeles, United States -- Video game "Astro Bot" -- a family-friendly sci-fi adventure -- was named 2024's Game of the...
Business
Boeing to boost 787 production
The firm will invest$1bn to ramp up production in South Carolina.
Business
Most Read
G7 meeting to address Syria’s challenges following Assad’s ouster
Damascus, Syria - G7 leaders will meet virtually Friday to discuss the momentous changes underway in Syria, where the interim government...
- Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir al-Sham (HTS) group and its allies
- The UN humanitarian agency OCHA said Thursday that 1.1 million people, mostly women and children, had been displaced since the rebels took over
UNRWA warns of ‘apocalyptic’ conditions as Israeli airstrikes target aid, refugee camps, kill 58
The latest bloodshed came despite growing optimism that negotiations for a ceasefire and hostage release deal might finally succeed, with...
- The UN and aid agencies have repeatedly warned about the acute humanitarian crisis in the besieged Gaza Strip, exacerbated by the war that has persisted for over 14 months
- Families of the 96 hostages still in Gaza since the Hamas attack that triggered the war, including 34 the Israeli military says are dead, are pressing for their release
Arts & Culture
‘A matter of pride’: Saudis rejoice as World Cup bid approved
Riyadh, Saudi Arabia -- Fireworks and drones depicting the iconic golden World Cup trophy lit up the sky in Saudi Arabia's...
- Sports are a major component of the Vision 2030 reform agenda overseen by Crown Prince Mohammed bin Salman, which aims to diversify the economy of the world's top oil exporter.
- Sports Minister Prince Abdulaziz bin Turki Al-Faisal said Saudi Arabia was "opening up to the world" and could help football grow globally.