Iran says killed six ‘terrorists’ linked to Israel in Sistan-Baluchistan province
Iranian forces have killed six militants in a raid in the restive southeast, state media reported Saturday, saying they were...
Geostrategy
Trump, Intel announce deal giving US a 10% stake in chipmaker
Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald...
Business
Geostrategy
WFP stops Sudan operation after three members killed in violence
The UN's food agency said it was suspending work in Sudan after three staff were killed in the Darfur region,...
- "While we review the evolving security situation, we are forced to temporarily halt all operations in Sudan," said a WFP official.
- Fighting in Sudan raged for a second day in battles between rival generals who seized power in a 2021 coup.
Geostrategy
Ukrainian foreign minister to discuss ‘bolstering ties’ during Iraq visit
In February this year, the Iraqi foreign minister reiterated Baghdad's support for a ceasefire and negotiations to end the war...
- Ukrainian minister Kuleba is due to hold talks with Iraqi Foreign Minister Fuad Hussein as well as Prime Minister Mohamed Shia al-Sudani.
- Iraq maintains good economic ties with both Kiev and Moscow, and has adopted a neutral stance since Russia invaded Ukraine.
Business
Europe’s largest nuclear reactor begins operation in Finland
The most powerful nuclear reactor in Europe, with a capacity of generating 1,600 megawatts, Olkiluoto 3 reached full power in late...
- Olkiluoto 3, now producing around 14 percent of the country's electricity, is expected to remain operational for "at least the next 60 years".
- Built by Areva-Siemens consortium, the reactor was first started up in December 2021 and connected to the Finnish power grid in March 2022.
Geostrategy
Iran seals 150 businesses for ‘disrespecting’ headscarf obligation
The closures were announced a day after police said they have now implemented a plan to deal with women who...
- The crackdown comes after the number of women defying the code has risen since a protest movement triggered by the death in custody last year of Kurdish-Iranian Mahsa Amini.
- Last week, police chief Ahmad-Reza Radan said those who remove their headscarves would be identified using "smart equipment".
Business
Qatar Tourism head says country expects over 5m visitors in 2023
DOHA, QATAR - Qatar expects more than five million people to visit the Gulf state in 2023 despite a post-World Cup...
- The head of Qatar Airways and Qatar Tourism admitted that hotels had fallen quiet after the World Cup final on December 19.
- He insisted that every World Cup host has the same lull after the tournament and that hotels were still 65-70 percent full.
Saudi Arabia transfers more Aramco shares to wealth fund in bid to ‘diversify’ economy
Prince Mohammed said the latest transfer will "solidify PIF's strong financial position". Authorities did not give a value for the...
- The move, part of a campaign to open up the oil-rich kingdom's economy, follows a transfer of four percent of Aramco shares, estimated at the time to be worth $80 billion
- The Saudi crown prince billed the move as part of a push "to boost and diversify the national economy and expand investment opportunities", according to the report
Geostrategy
Houthi rebels and Yemen government complete prisoner exchange
Sanaa, Yemen-- Yemeni rebels and government forces freed scores of prisoners Sunday on the last of a three day exchange of...
- Planes carrying detainees took off at the same time from the capital of Sanaa and the government-controlled northern city of Marib, ICRC said
- Three other flights during the day were to complete the deal reached in Switzerland last month to exchange 181 government forces for 706 rebels
Geostrategy
Two killed in Iraqi Kurdistan in strikes blamed on Turkey
The PKK, which Ankara and its Western allies classify as a "terrorist" organisation, operates rear bases in Iraq's north. Since...
- The strikes late Saturday near the town of Penjwen, close to the Iranian border, targeted a vehicle carrying Turkish Kurdish fighters from the Kurdistan Workers' Party
- Haval Abubaker, regional governor of Sulaimaniyah, expressed his "concern" about the "attacks" in a telephone call with Masrour Barzani, PM of Iraq's autonomous Kurdistan
Geostrategy
Thousands fill up Tel Aviv to protest against government’s judicial reforms
The 15th consecutive week of protest came after Prime Minister Benjamin Netanyahu on March 27 announced a "pause" to allow...
- Smaller protests also took place in the northern port of Haifa and outside the home of Justice Minister Yariv Levin in Modiin
- Saturday's demonstration came a day after US rating agency Moody's announced it was lowering Israel's rating from "positive" to "stable"
Business
Microsoft’s move to buy games giant faces triple anti-trust threat
Brussels, Belgium--Depending on which side you're on, tech giant Microsoft is either the hero fighting to bring some of the most...
- The company has set itself the task to convince all three EU, UK and US regulators to back its $69 billion bid to take over Activision Blizzard
- Sony, the PlayStation owner, says the deal will give Microsoft the power to limit rivals' access to the popular franchise
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
Iran says killed six ‘terrorists’ linked to Israel in Sistan-Baluchistan province
Iranian forces have killed six militants in a raid in the restive southeast, state media reported Saturday, saying they were...
Geostrategy
Company News
Latest News
Netflix adds millions of subscribers but growth slows
San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...
Business
‘Starvation tactics’ being used against 25 million people in Sudan
UN experts on Thursday accused the two sides in Sudan's civil war of using "starvation tactics" against 25 million civilians,...
Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation
Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...
Geostrategy
Most Read
“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures
Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle...
- New measures to fight sextortion, a form of online blackmail where criminals coerce victims, often teens, into sending sexually explicit images of themselves
- In some countries, Instagram will show teens a video in their feeds about how to spot sextortion scams
Economy
UN report says 1.1 billion people in acute poverty
More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday,...
- 455 million live in the shadow of conflict, while 584 million people under 18 were experiencing extreme poverty
- India was the country with the largest number of people in extreme poverty which impacts 234 million of its 1.4 billion population
Geostrategy
Escalating Conflict: Israel strikes Hezbollah in Lebanon killing mayor war
Hezbollah claimed it destroyed an Israeli tank using a guided missile, while Israel reported killing Hezbollah leader Jalal Mustafa Hariri...
- The latest exchanges came as Israel faced increasing international pressure after UN peacekeepers in Lebanon were wounded
- The region is braced for Israel's promised retaliation against its arch-foe Iran for launching around 200 missiles at Israel on October 1