Mediator Qatar says ‘still waiting’ for Israeli response to Gaza truce proposal
Qatar and Egypt, along with the United States, have been mediating indirect ceasefire negotiations throughout the Gaza war, but despite...
Geostrategy
Syrian religious leader demands ‘separate’ region for Druze
A prominent Druze leader in southern Syria demanded on Monday the creation of a separate region for his minority community,...
Geostrategy
Business
Twitter to permit publishers to charge users on a per-article basis
The announcement came as Musk has struggled, amid frequent controversy, to make Twitter profitable. The per-article approach, some Twitter users...
- Musk said the plan would begin next month, but provided no details on exact pricing or what cut Twitter would take
- It raises questions about how exactly he hopes to make the micro-payment approach work when others have failed
Geostrategy
Saudi evacuation party brings 65 Iranians from Sudan
JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah,...
- Saudi Arabia has so far organized evacuations of about 5,000 people from 96 countries, according to the foreign ministry.
- More than 510 people have been killed since fighting erupted on April 15 between the Sudan's army and its paramilitary forces.
Geostrategy
Iran’s president criticizes US presence in Middle East
Iran's President Ebrahim Raisi slammed the United States' presence in the Middle East, as he hosted his counterpart from neighboring...
- The US has 2,500 non-combat troops in Iraq to provide it with advice and training.
- About 900 US troops remain in Syria, most in the Kurdish-administered northeast.
Geostrategy
Three civilians wounded in Israel air strikes in Syria, says state media
Three civilians were wounded in Israeli air strikes near the Syrian city of Homs, state media reported, with a war...
- Israel has repeatedly said it will not allow its arch-foe Iran to extend its footprint in Syria.
- "The Israeli enemy carried out an air attack with missiles, from the direction of north Lebanon," state media reported.
Man Utd bidding war: Sheikh Jassim, Ratcliffe make their final offers
While Sheikh Jassim's latest offer is reported to be over £5 billion ($6.2 billion), the size of Ratcliffe's improved bid...
- Sheikh Jassim is in a bidding war with Ratcliffe after the pair emerged as the main contenders to buy the Premier League club from the Glazer family
- Sources said Sheikh Jassim's bid for 100 percent control of the club comes with the promise of significant additional funding for transfers and infrastructure
Iranian president Raisi to visit Syria ‘in the near future’
Raisi's planned trip comes against the backdrop of a rapprochement between regional rivals Iran and Saudi Arabia, and increased Arab...
- The planned visit comes in the context of "multidimensional" cooperation between Tehran and Damascus
- Iran is a major ally of President Bashar al-Assad and has given financial and military support to his regime
Geostrategy
European probe officials to question Lebanon central bank audit firms
European investigators probing Lebanese central bank chief Riad Salameh's wealth will question officials from two international firms previously tasked with...
- Visiting European investigators plan to question officials from the Lebanon offices of Deloitte, Ernst and Young, and a local firm.
- The European investigators arrived in Beirut this week on their third trip to Lebanon in connection with the probe.
Business
US Fed accepts supervision failed in Silicon Valley Bank
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a report published into...
- Silicon Valley Bank's management failed to adequately manage risk prior to the bank's swift collapse.
- Federal Reserve supervisors failed to take forceful action after they had identified issues at the bank.
Geostrategy
Libya green group battles to save country’s remaining forests
The "Friends of the Tree" group works to raise awareness about green areas around Tripoli that are quickly disappearing because...
- The group meets weekly to launch media campaigns and carry out activities to confront "the dangers facing Tripoli and other coastal cities", said Ramadan.
- Rainfall is scarce in the largely desert country, which is only starting to recover from the years of bloody conflict that followed the 2011 uprising.
Business
Swiss central bank says tough rules needed for sector
BERN, SWITZERLAND - Switzerland's central bank said Friday that the country's banking regulations needed toughening up after the implosion of Credit...
- Credit Suisse's share price plunged on March 15, causing the central bank to step in with a $54-billion lifeline for the second-biggest bank in Switzerland.
- The Swiss government, Swiss National Bank and the financial market regulator strongarmed UBS into a $3.25-billion takeover on March 19.
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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
Mediator Qatar says ‘still waiting’ for Israeli response to Gaza truce proposal
Qatar and Egypt, along with the United States, have been mediating indirect ceasefire negotiations throughout the Gaza war, but despite...
Geostrategy
Company News
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Netanyahu sacks defense minister Gallant over differences on Gaza
Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...
Geostrategy
Saudi Aramco’s quarterly profit drops 15% on low oil prices
Riyadh, Saudi Arabia -- Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third-quarter profit on Tuesday, citing prices...
Business
Most Asian markets rise ahead of toss-up US election
Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing...
Economy
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Geostrategy
Israel escalates strikes in Lebanon, Gaza as Netanyahu visits Northern Border, and Hezbollah claims missile attack
Israel intensifies airstrikes across Lebanon and Gaza, escalating cross-border violence as Netanyahu urges troops to push Hezbollah back and prevent...
- Netanyahu's visit came after an air strike killed at least three people near the southern Lebanon city of Sidon,, and as more bombs hit the country's east
- Iran's President Masoud Pezeshkian on Sunday said a potential ceasefire with its allies Hamas and Hezbollah "could affect the intensity and type of our response."
Geostrategy
B-52 bombers arrive in Middle East: US military
Washington, United States -- American B-52 bombers have arrived in the Middle East, the US military said Saturday, a day after...
- "B-52 Stratofortress strategic bombers from Minot Air Force Base's 5th Bomb Wing arrived in the US Central Command area of responsibility," the military said.
- The United States announced on Friday evening that it was sending the bombers, fighter and tanker aircraft and ballistic missile defense destroyers to the Middle East.
Geostrategy
Pro-Palestinian protesters take Israel sculptures from UK university
London, United Kingdom -- A pro-Palestinian group took two sculptures of Israel's first president from a UK university in a protest marking...
- "Today, Palestine Action have marked 107 years since the Balfour Declaration, by taking two sculptures of Israel's first president, Chaim Weizmann," the protest group said.
- Palestine Action also sprayed the London office of charity Jewish National Fund (JNF) with red paint.