Iran security chief meets officials in Iraq before Lebanon visit
Ali Larijani, the head of Iran's top security body, met with senior officials in Iraq on Monday, ahead of a...
Geostrategy
Abu Dhabi’s AI sector expands 61% in one year: Abu Dhabi Chamber
Abu Dhabi, UAE -- Abu Dhabi’s artificial intelligence (AI) sector witnesses a 61 percent increase between June 2023 and June...
Business
Business
Google to release Bard in showdown with Microsoft’s ChatGPT
Media reports said the overnight success of ChatGPT was designated a "code red" threat at Google with founders Sergey Brin...
- Google's announcement came on the eve of an AI-related launch event by Microsoft in yet a further sign that the two tech giants will do battle over the technology
- Before the emergence of ChatGPT, Google had been reluctant to launch its own language-based AI fearing the reputational risk of releasing technology that wasn't ready
Business
SoftBank posts US$5.9bn loss
The group's Q3 loss coincides with a slump in the tech sector.
- SoftBank said that tts two Vision Fund investment vehicles alone lost 660 billion yen ($5 billion) in October-December
- Its CEO Masayoshi Son has regularly defended his strategy of making major bets on high-tech firms and start-ups
Geostrategy
Israeli troops kill Palestinian teenager in West Bank raid: Ministry
Nablus, Palestinian Territories---Israeli troops shot dead a Palestinian teenager in the occupied West Bank city of Nablus Tuesday, the Palestinian health...
- The ministry said Hamza Amjad al-Ashqar, 17, was "killed by a bullet in the face fired by the occupation (Israeli) soldiers during the aggression on Nablus".
- There has been a mounting death toll from a spate of Israeli raids in West Bank towns and cities in recent months.
Economy
World rushes to offer humanitarian aid to Turkey, Syria
The European Union has mobilized 10 search and rescue teams for Turkey after the stricken country requested EU assistance, EU foreign policy...
- US national security spokesman said his country was sending two search-and-rescue teams of 79 people each, while Pentagon and USAID were coordinating with their Turkish counterpart
- United Arab Emirates pledged humanitarian assistance worth around $13.6 million to Syria, including search and rescue teams, urgent relief supplies and emergency aid
Business
BP posts loss on Russia exit
The company posted annual loss of $2.5 billion.
- The company posted annual losses after tax totalling $2.5 billion, compared with net profit of $7.6 billion in 2021
- Oil and gas prices soared last year after the attack by major energy producer Russia on Ukraine triggered massive supply constraint
India’s Adani Enterprises shares rocket 25%
The group owned by tycoon Gautam Adani lost around $120 billion in value after claims of accounting fraud were levelled...
- Adani said Monday it was repaying early loans worth $1.1 billion, in a move meant to reassure investors
- Hindenburg accused Adani of "brazen stock manipulation and accounting fraud scheme" in "the largest con in corporate history"
At least 20 escape Syria prison holding IS inmates after quake
The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...
- The military police prison in the town of Rajo near the Turkish border holds about 2,000 inmates, with about 1,300 of them suspected to be IS fighters
- The 7.8-magnitude quake - which was followed by dozens of aftershocks in the region - caused damage to the prison, with walls and doors cracking
Economy
UAE to send humanitarian aid worth US$13.6m to Syria
Hours after the earthquake killed at least 1,000 people and caused massive level of destruction in Syria, the UAE has...
- According to the official media, Emirati Prime Minister Sheikh Mohammed bin Rashid Al Maktoum "directed urgent humanitarian aid to those affected in Syria"
- The UAE said it was planning to establish a field hospital in Turkey and will also send search and rescue teams to Syria, along with urgent relief supplies and emergency aid
Business
Iraqi Kurdistan suspends oil export via quake hit Turkey
"The Kurdistan Regional Government confirms the halt of oil exportation through #Turkey's Ceyhan due to the #earthquake that struck several...
- The autonomous Kurdish region of northern Iraq usually exports around 450,000 barrels of oil a day through Turkey.
- A 7.8-magnitude earthquake hit southern Turkey and neighboring Syria on Monday, killing more than 1,800 people.
Arts & Culture
France set to bar minors from accessing porn websites
France's data protection and media regulators Cnil and Arcom are set to announce their latest proposals to rein in porn...
- "I plan to put an end to this scandal," Digital Affairs Minister Jean-Noel Barrot told the Parisien newspaper on Monday.
- Previous attempts have been held up by privacy and technical concerns, as well as court action by the websites.
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 security chief meets officials in Iraq before Lebanon visit
Ali Larijani, the head of Iran's top security body, met with senior officials in Iraq on Monday, ahead of a...
Geostrategy
Company News
Latest News
Flood of ‘junk’: How Artificial Intelligence is changing scientific publishing
Paris, France - An infographic of a rat with a preposterously large penis. Another showing human legs with way too many...
Israel agrees to resume Gaza truce talks next week
A prospective cessation of hostilities also involving the release of hostages held in Gaza and scaled-up aid deliveries has centred...
Apple makes changes to App Store after EU warning
From the autumn, Apple said developers in the EU "can communicate and promote offers for purchases" wherever they want, for...
Business
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Geostrategy
Gaza civil defence says Israel strikes on two schools kill more than 18
Senior civil defense official Mohammad al-Mughayyir said 60 people were also wounded and more than 40 still missing in the...
- "This is a clear targeting of schools and safe civilian facilities in the Gaza Strip," he said.
- Turkish President Recep Tayyip Erdogan and the emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, meanwhile call for greater international efforts to stop conflict escalation.
Business
Qantas scraps non-stop UK flight due to Middle East unrest
Sydney, Australia - Australian airline Qantas scrapped its non-stop Perth to London flight Thursday, saying the decision was taken as a...
- The flight, usually a non-stop 17-and-a-half hour journey, will now refuel in Singapore, allowing it to carry a full load of passengers on a route that avoids contested air space
- The region is bracing for a military retaliation from Iran against Israel, following the killing of Ismail Haniyeh, the political leader of the Palestinian group Hamas
Saudi taekwondo star edged out in historic Olympic women’s medal pursuit
Abu Taleb had qualified for the Games by bagging gold at the 2020 Arab Taekwondo Championship and bronze medals at...
- Abu Taleb was defeated by Mobina Nematzadeh of Iran in the bronze medal play-off in the -49kg division of the taekwondo competition played out inside Paris' Grand Palais
- The 27-year-old had won her last 16 clash against Israel's Abishag Semberg before losing her quarter-final against Panipak Wongpattanakit of Thailand