European leaders vow ‘unflinching’ response to Trump’s plans to annex Greenland
The US president, who will address the annual gathering of global elites on Wednesday, has put the transatlantic alliance to...
Geostrategy
Saudi, Qatar, Oman convinced Trump to ‘give Iran a chance’: senior Saudi official
Two diplomatic sources told AFP on Thursday that the security posture at Qatar's Al-Udeid Airbase had been lowered after a...
Geostrategy
Economy
Syria reveals new post-Assad banknotes
Syrian leader Ahmed al-Sharaa unveiled on Monday new banknotes replacing those showing ousted ruler Bashar al-Assad and his family, hoping...
- Since the start of Syria's civil war in 2011, the pound has plunged from 50 to around 11,000 against the greenback
- The removal of the zeros, which does not impact the currency's value, was done to make transactions easier
Geostrategy
“Hell to pay”: Trump warns Hamas after Netanyahu talks, threatens Iran with fresh strikes
US President Donald Trump warned Iran of fresh strikes and said Hamas would have "hell to pay" if it fails...
- Speaking at a news conference with Netanyahu, Trump threatened to "eradicate" any attempt by Tehran to rebuild its nuclear program
- Trump also downplayed reports of tensions with Netanyahu over the Gaza ceasefire, saying Israel had "lived up" to its commitments
Business
Meta buys China-founded AI agent Manus
Singapore, Singapore -- Facebook owner Meta has agreed to acquire Manus, an artificial intelligence agent created by a company founded...
- However, analysts warned the deal could fall foul of regulators at a time of fierce technological rivalry between Washington and Beijing.
- Exceeding the capabilities of AI chatbots like ChatGPT, AI agents can autonomously perform complex tasks for users, and are seen as having huge potential.
Geostrategy
Saudi Arabia condemns ‘dangerous’ UAE moves in Yemen after striking shipment
Riyadh also backed a demand from Yemen's presidential council for Emirati forces to withdraw from the country within 24 hours,...
- In recent weeks, separatists backed by the UAE seeking to revive the formerly independent state of South Yemen have made sweeping territorial gains in a lightning offensive.
- The UAE said "the shipment in question did not contain any weapons, and the vehicles unloaded were not intended for any Yemeni party."
Geostrategy
Netanyahu to meet Trump in Florida for talks on Gaza peace plan, Iran
Israeli Prime Minister Benjamin Netanyahu will meet Donald Trump in Florida on Monday, with the US president pushing to move...
- Netanyahu is also expected to try to shift some focus onto Iran, amid reports he will call for more US strikes on the Islamic republic
- He will bring up the "danger Iran poses not only to the region of the Middle East, but the United States as well," Israeli spokeswoman said
Geostrategy
Somali president to visit Turkey after Israeli recognition of Somaliland
Somalia's president is to visit close ally Turkey on Tuesday following Israel's recognition of the breakaway territory of Somaliland, Turkey's...
- Turkey denounced Israel's recognition of Somaliland, a self-proclaimed republic, calling it "overt interference in Somalia's domestic affairs"
- Ankara, a close ally of Somalia, provides military and economic assistance to the country that has been devastated by civil war
Economy
China says to launch digital currency action plan
Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...
- The "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivize broader adoption of the currency.
- The plan also includes a proposal to establish an international digital yuan operations centre in the eastern financial hub of Shanghai, the report said.
Business
Emirates mining company challenges Guinea license withdrawal
Dakar, Senegal -- Mining company Axis International said Monday it was seeking World Bank arbitration against Guinea for withdrawing its...
- Guinea, which has been run by a junta since a coup in 2021, has cancelled dozens of licences for international and domestic companies mining bauxite, gold, iron ore or diamonds.
- had operated Guinea's second-biggest bauxite mine with estimated reserves of more than 800 million tons since 2010.
Arts & Culture
France’s screen siren Brigitte Bardot dies at 91
Saint-Tropez, France - French film sensation Brigitte Bardot, a symbol of sexual liberation in the 1950s and 1960s who reinvented herself...
- Tributes were paid to the star who was known as "BB" in her home country, with Macron calling her a "legend" of the 20th century
- Bardot became a global star after appearing in "And God created Woman" in 1956, and went on to appear in about 50 more movies
Geostrategy
Israel’s recognition of Somaliland ‘threat’ to regional stability: Somali president
Somaliland declared independence from Somalia in 1991 and has for decades pushed for international recognition. A self-proclaimed republic, it enjoys...
- But it has been diplomatically isolated since its unilateral declaration of independence.
- Egypt, Turkey, the six-nation Gulf Cooperation Council and the Saudi-based Organisation of Islamic Cooperation all condemned the decision.
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
European leaders vow ‘unflinching’ response to Trump’s plans to annex Greenland
The US president, who will address the annual gathering of global elites on Wednesday, has put the transatlantic alliance to...
Geostrategy
Company News
Latest News
Palestinian VP meets diplomat expected to serve on Trump’s Gaza peace board
Palestinian vice president Hussein al-Sheikh met on Friday with former UN Middle East envoy Nickolay Mladenov, who is expected to...
Geostrategy
Russia joins Chinese, Iran warships for military drills off South Africa
A Russian warship arrived off South Africa's main naval base Friday to join Chinese and Iranian vessels for military exercises that...
Geostrategy
Defiant Khamenei insists ‘won’t back down’ in face of growing Iran protests
Iran's supreme leader Ayatollah Ali Khamenei on Friday insisted the Islamic republic would "not back down" in the face of...
Geostrategy
Most Read
Geostrategy
US could run Venezuela, tap its oil for years, Trump says less than a week after toppling Maduro
The United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an...
- Venezuela's state oil firm PDVSA said it was discussing oil sales with the United States for the "sale of volumes of oil"
- Trump and his advisors are considering a plan for the US to exert control over PDVSA, the Wall Street Journal reported
Research
Some food preservatives linked to higher cancer, diabetes risk
Paris, France -- Eating some common food preservatives is linked to a slightly higher risk of eventually developing cancer and...
- The preservatives included nitrites and nitrates, which are often used to cure ham, bacon and sausages.
- The second study, published in Nature Communications, also found a link between eating some food additives and developing type 2 diabetes.
Geostrategy
Yemen separatist leader fled to UAE: Saudi-led coalition
Aidaros Alzubidi was accused of high treason and removed from Yemen's Presidential Leadership Council on Wednesday, while the coalition bombed...
- Last month's STC offensive brought fresh turbulence to fractured Yemen and exposed deep rifts between Gulf allies Saudi Arabia and the UAE.
- The oil-rich neighbors formed the backbone of the coalition fighting Iran-backed Houthi rebels in Yemen, who overran the capital Sanaa in 2014 and still control much of the country