US toughens terrorism ban of Pakistan separatist fighters
The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind...
Geostrategy
With poetry and chants, Omanis strive to preserve ancient language
Against the backdrop of southern Oman's lush mountains, men in traditional attire chant ancient poems in an ancient language, fighting...
Arts & Culture
Geostrategy
Hamas slams Sudan agreement to move ahead with Israel ties
During the three-decade rule of Islamist general Omar al-Bashir, Sudan was one of the staunchest supporters of Hamas and other...
- Hamas called on the Sudanese leadership to backtrack on this decision that contradicts the interests of the brotherly people of Sudan and would only serve the Israeli agenda
- On Thursday, during the first visit to Khartoum by an Israeli foreign minister, the two governments agreed to move forward with the normalisation process agreed in January 2021
‘Honor killing’ of YouTube star by father sparks outrage in Iraq
Touching off a wave of outrage across the country, the death of a young YouTube Iraqi star at the hands...
- Recordings of conversations between Ali and her father appeared to indicate that he was unhappy about her decision to live alone in Turkey
- Amnesty International condemned the "horrific" killing, saying "the Iraqi penal code still treats leniently so called 'honour crimes'
Economy
US sees surprise hiring surge as unemployment edges down
US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in over five decades, government data...
- The figure, which could prove concerning to policymakers, defied expectations of a further decline in job gains.
- The Federal Reserve has also been monitoring wage growth on concerns that elevated salaries could feed into services inflation.
Business
Sanofi 2022 net profit at $7.3bn
Dupixent drug has been a huge success for the firm.
- Sanofi is aiming for US$10.9 billion in sales of Dupixent this year.
- The company's net profit rose by eight percent in 2022.
Science
Europe looks to geothermal energy as gas alternative
MUNICH, GERMANY - The heating plant in Munich's southern Sendling neighborhood has been run for more than a century on gas,...
- Munich is pouring in US$1.1 billion through 2035 to develop the geothermal energy and make the city's heating carbon neutral.
- Reliable and sustainable geothermal energy seems like the perfect alternative to gas.
Business
Egyptians hope to bag bargains at Arab world’s largest book fair
Cairo, Egypt---Thousands of Egyptian bibliophiles weave through a labyrinthine display of books, reviving an annual tradition at the Arab world's largest...
- The 54th Cairo International Book Fair was overshadowed by a punishing economic crisis that has seen Egypt's currency halve in value and prices skyrocket in the past year.
- To incentivize readers, Egypt's publishers' association has encouraged sellers to give the option of buying books in instalments through popular buy-now-pay-later services.
Economy
China expected to boost global growth but uncertainties remain: IMF
After almost three years of stringent health restrictions, Beijing in December abruptly ended the zero-Covid policy that had battered the...
- The IMF on Monday revised its 2023 growth forecast for China up to 5.2 percent, after upgrading its global growth forecast partially based on the country's reopening.
- China's population shrank last year for the first time in more than six decades and seen birth rates plunge to record lows as its workforce ages.
Sudan, Israel agree to move forward with ‘normalisation’
Sudan in January 2021 formally agreed to normalize relations with Israel in a quid pro quo for the United States...
- Sudan had for decades maintained a rigid anti-Israel stance under longtime autocratic president Omar al-Bashir, who was ousted in April 2019
- Israeli Foreign Minister said he expects relations to be formalized by the end of 2023, but not before Sudan appoints a civilian government
Google, Apple disappoint as tech earnings hit by gloom
Google parent Alphabet's revenue of $76 billion in its fourth quarter and profit of $13.6 billion were below what it...
- Google saw a slump in its crucial advertising sales, which were slightly better than analysts had projected, according to data compiled by Factset
- Apple's revenue was $117.1 billion, down 5.4 percent from a year ago for the same quarter a year earlier, missing what analysts had forecast
Adani Enterprises shares suspended as price slumps again
Adani himself has seen his fortune plummet by tens of billions of dollars, dumping him out of the real-times Forbes rich...
- Adani Enterprises fell 10 percent at the open, while Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission were also suspended when they hit their trading stops
- The conglomerate's combined market capitalization has plummeted by more than $100 billion since US short-seller Hindenburg Research released an explosive report last week
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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
US toughens terrorism ban of Pakistan separatist fighters
The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind...
Geostrategy
Company News
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Aramco profit down in 2023
Business
Hamas names Sinwar new chief as region braces for Iran retaliation against Israel
Iran blames Haniyeh's death on Israel and has vowed to avenge him, while Hamas's Lebanese ally Hizbollah has also pledged...
Geostrategy
Bangaldesh Nobel winner Yunus ready to lead after Hasina flees
Dhaka, Bangladesh -- Bangladesh Nobel winner Muhammad Yunus said Tuesday he is ready to head a caretaker government, a day after...
Geostrategy
Palestinian officials say 12 dead in Israel West Bank raids
Aqaba residents said Israeli troops arrived at dawn and surrounded the house of Amid Ghanam, leading to clashes between troops...
Geostrategy
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Geostrategy
US personnel injured in rocket attack on Iraq base
US President Joe Biden and Vice President Kamala Harris were briefed on the attack, the White House said. "They discussed...
- The rocket fire is the latest in a series of attacks targeting Ain al-Assad base in western Iraq, which hosts American troops as well as personnel from the US-led coalition
- An Iraqi military source had earlier said that multiple rockets were fired at the base, with some landing inside it and another hitting a nearby village but not causing damage
Geostrategy
Biden to meet national security chiefs as Mideast war fears grow
US Secretary of State Antony Blinken told his counterparts from the G7 nations that any attack could happen within 24...
- The United States has deployed extra fighter jets and warplanes to the region to support Israel
- The tensions also appeared to have torpedoed US hopes of any immediate ceasefire
Jordan FM meets Iran president as Middle East tensions soar
The political head of Palestinian group Hamas was killed early on Wednesday in Tehran, where he had attended the inauguration...
- The Jordanian foreign ministry said Safadi would deliver a message from King Abdullah II to the Iranian president
- Iran has held talks with multiple Arab countries including Jordan, Egypt, Oman and Qatar among others since Haniyeh's killing