Israel military says approved plan for new Gaza offensive
The approval for the expanded offensive comes days after Israel's security cabinet called for the seizure of Gaza's largest city,...
Geostrategy
Passwords under threat as tech giants seek tougher security
Paris, France -Fingerprints, access keys and facial recognition are putting a new squeeze on passwords as the traditional computer security...
Science
Geostrategy
Iran denies enriching uranium above 60 percent
Iran denied reports it has enriched uranium up to 84 percent, just below the 90 percent needed to produce an...
- The IAEA is "giving Iran the opportunity to explain because it's apparently possible that there can be so-called 'spikes' of higher levels of enrichment".
- Uranium enriched up to 90 percent purity is considered nuclear weapons-grade.
Economy
Algeria allocates $1 billion for development projects in Africa
The decision of the Algerian President was announced in a speech read by Prime Minister Aimene Benabderrahmane at the annual...
- Tebboune said the agency's approach was based on Algeria's conviction that "security and stability in Africa are linked to development
- Algerian Agency of International Cooperation for Solidarity and Development would coordinate with African nations seeking to benefit from the initiative
Business
Vietnam shoe maker for Nike, Adidas to cut 6,000 jobs
Vietnam, one of the world's largest exporters of clothing, footwear and furniture, has been badly affected by the cost-of-living crisis...
- PouYuen Vietnam will lay off 3,000 factory workers and will not renew the contracts of 3,000 others because of very few production orders in 2023
- More than 630,000 workers lost their jobs or had their hours cut in Vietnam in 2022, according to the labor ministry
Geostrategy
IAEA in talks with Iran after reported nuclear step-up
Iran was last known to enrich up to 60 percent, while a 90-percent threshold is required for use in a...
- IAEA said that it was discussing with Iran the results of recent agency verification activities and will inform the IAEA Board of Governors as appropriate
- Iran started stepping up its nuclear activities in 2019, a year after the US under then president Donald Trump pulled out of the landmark deal and reinstated sanctions
Geostrategy
Israel’s observer status at the bloc suspended: African Union
Addis Ababa, Ethiopia--The African Union said Sunday that Israel's observer status at the bloc was suspended and therefore it had...
- Israel accused Iran of orchestrating the expulsion of the diplomat from the AU summit's opening day on Saturday with help from Algeria and South Africa
- Video circulating on social media showed guards escorting the Israeli foreign ministry's deputy director general for Africa, Sharon Bar-li, out of the AU assembly hall
Business
Meta launches paid subscription, for whom and why?
And their posts, photos and videos will have a higher profile than those of non-subscribers by appearing atop search results,...
- Subscribers to Meta Verified will be able to verify their account on Facebook and Instagram by providing an official ID and getting a blue badge
- Meta told AFP it conceived of the subscription idea because of requests from creators who are on the rise in their business undertakings
Economy
Moroccans take to the streets to protest high cost of living
Defying a government ban against marches, scores of Moroccan trade union activists protested on Sunday in the capital Rabat and...
- The authorities have banned marches due to a "health state of emergency" put in place during the Covid-19 pandemic and still in force
- Prime Minister Aziz Akhannouch has promised to "strengthen market control" and lower prices in the coming days
Arts & Culture
In Old Cairo, residents reconnect with their heritage
Cairo, Egypt--For most of their lives, children from historic Cairo's Al-Khalifa district only saw the mausoleums, mosques and madrasa schools...
- The Athar Lina initiative, whose name means "the monument is ours" in Arabic, has carried out workshops, tours and summer camps in the Egyptian capital since 2012.
- Since the 1980s, the authorities increasingly protected monuments by keeping "them under lock and key", said conservation and cultural heritage expert Omniya Abdel Barr.
Geostrategy
Blinken reaches Turkey to support quake-hit country
US Secretary of State Antony Blinken arrived in Turkey to show support to the earthquake-hit country and NATO ally which...
- His visit comes after a 7.8-magnitude tremor hit southeastern Turkey and northern Syria killing nearly 45,000 people
- The top US diplomat arrived at Incirlik air base in southern Turkey through which the United States has shipped aid
Economy
Turkey’s fragile economy reels from tremors of earthquake
Turkey was already battling runaway inflation and relying on rich allies for funding to keep its economy afloat when a...
- The quake in Turkey has damaged energy facilities, infrastructure, transportation, irrigation and logistics, added Tamgac
- The UN's Food and Agriculture Organisation has warned of disruptions to basic food production in Turkey and Syria
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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
Israel military says approved plan for new Gaza offensive
The approval for the expanded offensive comes days after Israel's security cabinet called for the seizure of Gaza's largest city,...
Geostrategy
Company News
Latest News
Foxconn net profit jumps 33%
Business
Iran probe finds Raisi helicopter crash caused by weather: media
Iran's army in May similarly said it had found no evidence of criminal activity in the crash that also killed...
Geostrategy
Xiaomi posts solid quarterly sales growth
The company is Chinese smartphone and household tech giant.
Blinken presses Hamas to back Gaza truce but sees gaps with Israel
Doha, Qatar - Top US diplomat Antony Blinken appealed Tuesday to Hamas urgently to accept a ceasefire plan to ease suffering...
Geostrategy
Most Read
Business
TSMC starts work on first European plant
TSMC is investing $3.9bn in the Dresden project.
- The Dresden facility will be specialized in the production of semiconductors for Germany's flagship automotive industry, currently in the throes of transitioning to EVs.
- Some 10 billion euros has been ploughed into the flagship project in the "Silicon Saxony" region, which has an industrial heritage dating back to the communist era.
Investigation
Tech tycoon Lynch and Morgan Stanley chairman missing after yacht sinks in Sicily
The 56-meter British-flagged sailing yacht "Bayesian" was anchored with 10 crew and 12 passengers on board when it was struck...
- Tech tycoon Mike Lynch and his 18-year-old daughter Hannah were missing
- The chair of Morgan Stanley International, Jonathan Bloomer was also missing alongside his wife
Geostrategy
US says Iran responsible for Trump campaign hack
The statement from the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the...
- Trump's campaign said on August 10 that it had been hacked, blaming "foreign sources" for distributing internal communications and a dossier on running mate J.D. Vance
- Trump's campaign implied Iran was behind the move as news outlet Politico reported it had received emails with campaign material from a source who refused to identify themselves