Less tax, more luxury: millionaires flock to Dubai for its zero income tax policy
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy...
Economy
Boeing in talks to sell up to 500 planes to China: Bloomberg
New York, United States -- US aviation giant Boeing is in talks to sell up to 500 aircraft to Chinese...
Business
Geostrategy
Saudi delegation arrives in Yemen for peace talks with Houthis
The delegation's arrival comes roughly a month after China helped broker a surprise rapprochement between Saudi Arabia and Iran, fuelling...
- Saudis and Houthis are believed to have agreed in principle on a six-month truce to pave the way for three months of talks on establishing a two-year "transition" for Yemen.
- The deal is expected to fulfil key Houthi goals, including paying salaries of civil servants in Houthi-controlled areas and lifting restrictions on Houthi-controlled airports.
Geostrategy
Iran officials to visit Saudi Arabia on April 14 ahead of reopening diplomatic missions
Iran's foreign ministry said a delegation will visit Saudi Arabia by April 14 to pave the way for reopening its...
- "We are expecting a foreign ministry delegation to visit Saudi Arabia" by Friday (April 14), Deputy Foreign Minister Alireza Enayati said.
- "Two separate delegations will go to Riyadh and Jeddah", ahead of the reopening of Iran's embassy and consulate respectively, he said.
Geostrategy
Pope deeply concerned as Israel-Palestine violence escalates
VATICAN CITY, HOLY SEE - Pope Francis underlined his "deep concern" over a flare-up in tensions between Israel and Palestinians, as...
- Fresh violence "threatens the climate of trust and mutual respect needed to resume dialogue between Israelis and Palestinians," the Pope said.
- Israel launched artillery strikes on Syria in retaliation for rockets the army said were fired from there onto Israeli territory.
Economy
Small US banks use enlarged deposit guarantee to compete with giants
Federal data shows that some depositors at small banks did head for the exits, moving some $120 billion in a...
- US banking rules guarantee deposits of up to $250,000, meaning that customers with larger holdings face losses if the bank goes under
- Leader Bank can guarantee up to $100 million in deposits from individuals through a technology platform run by fintech company IntraFi
Arts & Culture
Photographer tricks Instagram with AI images
Jos Avery, an engineer and lawyer by training, used AI program Midjourney to create images with brief text instructions and...
- "At the beginning, I don't think many people thought the images were photographs," he said. "The eyes and skin were unrealistic."
- He fixed these glitches with a dose of Adobe Photoshop, eventually populating his Instagram feed with stunning and stark portraits of beautiful -- but unreal -- people.
Geostrategy
Rocket debris falls in Jordan after blast near Syria border
Amman, Jordan--Jordan's army announced that a rocket exploded Saturday evening and its debris fell in Jordanian territory near the border with...
- The explosion in the air coincided with the Israeli army announcing the launch of artillery strikes in Syria in response to rocket from there
- The Jordanian army statement said the debris did not cause any casualties or damage and that officials were examining the site of the incident
Economy
Credit Suisse takeover prevented Swiss economy collapse: minister
Swiss Finance Minister said that the government had acted in the country's best interests in swiftly arranging the takeover of...
- The bank takeover talks were hastily conducted at Keller-Sutter's finance ministry in Bern and the $3.25 billion deal was announced on March 19
- The minister said the government would have to analyse what happened in full, and then adapt the regulations on banks considered too big to fail
Geostrategy
US Justice Dept launches investigation into secret US documents leak
US officials told that some documents appeared to be manipulated but many were consistent with CIA World Intelligence Review reports...
- The breach appears to include assessments and secret intelligence reports that touch not only on Ukraine and Russia but also highly sensitive analyses of US allies
- US media said, the leak would prove valuable to Moscow by showing how deep US intelligence has penetrated parts of the Russian military apparatus
Geostrategy
Iran police to deploy ‘smart’ technology to nab unveiled women
Tehran, Iran--Police in Iran said on Saturday they plan to use "smart" technology in public places to identify and then penalise...
- A police statement warned that action would be taken against "norm-breaking people" by using tools and smart cameras in public places
- Since the death in custody of Mahsa Amini last year , the number of women defying the compulsory dress code has increased
Geostrategy
Thousands protest in Tel Aviv against Netanyahu plan to reform judiciary
Continuing with their protests against Prime Minister Benjamin Netanyahu's plans to reform the judiciary, tens of thousands of demonstrators filled...
- Tensions have surged in the region since the storming of Al-Aqsa mosque on Wednesday by Israeli forces, forcibly removing Palestinian worshippers from the mosque
- Israel has been hit by protests for many weeks now since the reform plans were announced in January by Netanyahu's government, which was formed in December
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
Less tax, more luxury: millionaires flock to Dubai for its zero income tax policy
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy...
Economy
Company News
Latest News
Saudi Crown Prince holds talks with Iranian foreign minister in Riyadh
Saudi Arabia and Iran hold discussions on bilateral and regional issues, especially on peace efforts in Lebanon and Gaza. Also,...
Geostrategy
Nobel-winning physicist ‘unnerved’ by AI technology he helped create
Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence...
Science
Israel continues to tear apart Gaza and parts of Lebanon; Hamas-Hezbollah alive and kicking
While Israel continues to attack Gaza and Lebanon, the situation is "very scary" in Gaza Strip according to a Red...
Geostrategy
Most Read
Fleeing Israeli bombs, Lebanon’s displaced met with suspicion
Lebanon remains split over the group's decision to open a front against Israel in solidarity with Gaza and drag the...
- For weeks, Israeli strikes have widened in pursuit of Hezbollah members, causing civilians from the Iran-backed group to be shunned, as people fear they could draw further attacks
- After nearly a year of cross-border clashes, Israel intensified its bombing campaign on September 23, killing more than 1,110 people, according to an AFP tally of official figures
Saied re-elected Tunisia president with 90.7% of the vote
Tunis, Tunisia - Kais Saied has been re-elected president of Tunisia with 90.69 percent of votes cast, electoral authority ISIE said...
- Three years after Saied made a sweeping power grab, rights groups fear his re-election will entrench his grip on the only democracy to emerge from the 2011 protests
- His imprisoned rival Ayachi Zammel received just 7.3 percent, and third candidate Zouhair Maghzaoui only 1.9 percent, ISIE head Farouk Bouasker said on national television
Geostrategy
HRW: Israeli strikes endanger civilians on Lebanon-Syria border
Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations", adding: "The situation places...
- Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations"
- Lebanese authorities said Friday that more than 370,000 people had crossed from Lebanon into Syria