Under Rubio, US has revoked visas of 6,000 students deemed to counter US interests
Rubio, to the delight of President Donald Trump's right-wing base, has proudly moved against students using an obscure law that...
Geostrategy
A shadowy tourism deal puts one of Egypt’s last wild shores at risk
Thousands signed a petition to "Save Hankorab" after discovering a contract between an unnamed government entity and an investment company...
Economy
Geostrategy
Algeria dismantles Syria-Europe international trafficking network
In a crackdown on organized crime, Algeria has dismantled an international network specializing in trafficking people through Algeria to Europe,...
- According to new reports, the Algerian police uncovered a network transporting the migrants to Benghazi airport in Libya during a five-month probe
- The police also reportedly impounded more than $11,000 along with almost 9,000 euros during the operation
Geostrategy
Quake-hit Syrians brace for subdued Ramadan
Now displaced in the rebel-held countryside of northern Syria, she places on the bare ground of her shelter a few...
- The conflict, which erupted in 2011 with the brutal repression of peaceful protests, cost the lives of over 500,000 people
- The United Nations warned last week that Syria faced "unprecedented levels of poverty and food insecurity".
Arts & Culture
Oldest known Hebrew Bible displayed in Israel ahead of sale
Tel Aviv, Israel -- The oldest known near-complete Hebrew Bible was presented to the press on Wednesday in Tel Aviv, where...
- The Codex Sassoon is one of only two manuscripts containing all 24 books of the Hebrew Bible to have survived into the modern era and is estimated to be 1,100 years old.
- Sotheby's pre-sale estimates put the manuscript's value at between $30 million and $50 million. It is more complete than the Aleppo Codex, dated to the same era.
Geostrategy
No plans of reviving West Bank settlements, says Israel
Prime Minister Benjamin Netanyahu's office said the parliamentary vote scraps "a discriminatory and humiliating law, that prohibited Jews from living...
- Israeli parliament had revoked a law Tuesday that banned Jewish settlers from residing in some areas of occupied West Bank.
- In 2005, the Israeli government had vacated the Gaza Strip and removed Jewish settlers from four areas of occupied West Bank.
Business
Tencent 2022 profit falls
Tencent is the owner of popular messaging app WeChat.
- Tencent's profit dropped to $27.3bn in 2022, after making a profit of $32.66bn in 2021.
- The drop in profit comes in the background of increased scrutiny on China's tech sector.
Economy
Global financial woes may hit Europe, warns ECB chief Lagarde
The ECB president insisted, however, that if the most recent forecasts were confirmed, "we will still have ground to cover...
- International financial markets went into turmoil after recent crashing of three US lending banks and takeover of Credit Suisse.
- The ECB chief Christine Lagarde said that there was "additional uncertainty" when it came to the bank's projections.
Geostrategy
Tear gas fired at Lebanon protest against economic meltdown
Lebanon's economic meltdown, described by the World Bank as one of the worst in recent global history, has plunged most...
- The Lebanese pound, officially pegged at 15,000 to the dollar, has been trading on parallel markets at more than 100,000 against the greenback.
- Some protesters shouted slogans against the political elite, widely blamed for the country's financial collapse.
Geostrategy
UN’s water report: Floods cause $650bn in damages in 19 years
UN Water forum published its report as the first major conference on the issue in nearly a half-century is set...
- Global water consumption has increased by about 1 percent per year over the past four decades.
- Warming also intensifies and raises the frequencies of droughts, which over the same period affected 1.4 billion people.
Israel missiles hit Syria’s Aleppo airport: monitor
It was the second such attack in a month on the airport in Syria's second city, which has been a major...
- The transport ministry said the Israeli strikes caused damage to the runway and to airport equipment, forcing all flights to be redirected to Damascus or to Latakia
- Since civil war erupted in Syria in 2011, Israel has carried out hundreds of strikes against its neighbor, primarily targeting positions of the Syrian army
Chip war and censorship hobble Chinese tech giants in chatbot race
A flurry of Chinese companies including Alibaba, JD.com, Netease and TikTok-parent Bytedance have rushed to develop services that can mimic...
- The popularity of ChatGPT in China - where users have to scale Beijing's internet firewall using VPNs - has left Baidu and others scrambling to regain its dominance on home turf
- China has announced ambitious plans to become a global leader in the field of AI by 2030, and McKinsey estimates the sector could add about $600 billion every year in China's GDP
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
Under Rubio, US has revoked visas of 6,000 students deemed to counter US interests
Rubio, to the delight of President Donald Trump's right-wing base, has proudly moved against students using an obscure law that...
Geostrategy
Company News
Geopolitical tensions boost oil, weigh on equities
Market Report
Latest News
Mubadala acquires KELIX bio
Business
No peak oil demand ‘on the horizon’, phaseout a ‘fantasy’: OPEC
Paris, France - OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would...
Economy
UAE’s e& bends to European Union foreign subsidy rules
Brussels, Belgium -- The European Commission gave the green light Tuesday for an Emirati group to acquire the assets of a...
Business
UN chief warns Lebanon on ‘brink’ as world leaders gather
Top United Nations officials have expressed deep concerns over the violent Lebanon-Israeli situation that has resulted in the deaths of...
Geostrategy
Most Read
Geostrategy
Nearly 500 dead in Israeli strikes on Hezbollah strongholds in Lebanon
Israeli air strikes on Lebanon killed at least 492 people on Monday, including 35 children, Lebanon's health ministry said, marking...
- Israel said it killed a "large number" of Hezbollah militants when it hit about 1,600 sites in southern and eastern Lebanon
- EU foreign affairs chief Josep Borrell warned that Israel and Hezbollah were "almost in full-fledged war"
Economy
Economy – the biggest loser in the Israeli-Arab war
The sheer scale of destruction from the deadliest war in Gaza's history has made the road to recovery difficult to...
- With bombs still raining down on Gaza, many of the Palestinian territory's 2.4 million people face re-construction challenges
- 11 months of war in Gaza has battered Israel's economy, and poverty is now threatening communities
Business
Boeing lifts wage hike to 30%
The 30% general wage hike improves upon the 25% in the earlier offer.
- The International Association of Machinists and Aerospace Workers District 751 walked out on September 13, in a strike involving 33,000 workers in the Pacific
- The 30 percent general wage increase improves upon the 25 percent in the earlier offer, which was initially endorsed by IAM leaders