Israel to ban 37 organizations operating in Gaza, aid flow under threat
Apart from MSF, some of the 37 NGOs to be hit with the ban are the Norwegian Refugee Council, World...
Geostrategy
Netanyahu to meet Trump in Florida for talks on Gaza peace plan, Iran
Israeli Prime Minister Benjamin Netanyahu will meet Donald Trump in Florida on Monday, with the US president pushing to move...
Geostrategy
Geostrategy
UN, media groups condemn Israel’s deadly strike on Al Jazeera team in Gaza
Dozens of Gazans stood amid bombed-out buildings in the courtyard of Al-Shifa Hospital in Gaza City to pay their respects...
- Hospital director Mohammed Abu Salmiya said a sixth journalist, freelance reporter Mohammed Al-Khaldi, was killed in the strike that targeted the Al Jazeera team.
- Mourners including men wearing blue journalists' flak jackets carried their bodies, wrapped in white shrouds with their faces exposed, through narrow alleys to their graves.
Business
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...
- Globally, there are approximately 90,904 AI companies as of 2024, which places Abu Dhabi’s AI company count as a notable concentration within the global landscape.
- Abu Dhabi Chamber has revealed that over 58 percent of all AI firms in the emirate are dedicated to innovation, research, and consultancy.
Business
Nvidia, AMD to pay US 15% of AI chip sales to China: reports
Washington, United States -- US semiconductor giants Nvidia and Advanced Micro Devices have agreed to pay the United States government...
- Investors are betting that AI will transform the global economy, and last month Nvidia became the first company ever to hit $4 trillion in market value.
- The US has been restricting which chips Nvidia can export to China on national security grounds.
Geostrategy
Norway sovereign fund drops investments in 11 Israeli companies
Oslo, Norway -- Norway's sovereign wealth fund, the world's largest, said Monday that it was selling its investments in 11...
- Nicolai Tangen, chief of Norges Bank Investment Management (NBIM), which manages the fund, said the decision was taken "in response to extraordinary circumstances".
- Norway's wealth fund is the biggest in the world with a value of around $1.9 trillion, with investments spanning the globe.
Arts & Culture
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...
- The overwhelming majority of Omanis speak Arabic, but in the mountainous coastal region of Dhofar bordering Yemen, people speak Jibbali, also known as Shehri
- Sitting under a tent, poet Khalid Ahmed al-Kathiri recites the verses, while men clad in robes and headdresses echo back his words in the vast expanse
Economy
Trump says to move homeless people ‘far’ from Washington
President Donald Trump said Sunday that homeless people must be moved "far" from Washington, after days of musing about taking...
- The Republican billionaire has announced a press conference for Monday in which he is expected to reveal his plans for Washington
- "I'm going to make our Capital safer and more beautiful than it ever was before," the president posted on his Truth Social platform Sunday
Geostrategy
Netanyahu announces plan to allow foreign reporters into Gaza
Israeli Prime Minister Benjamin Netanyahu announced on Sunday a plan to allow more foreign journalists to report inside Gaza with...
- Israel has blocked most foreign correspondents from independently accessing the territory since it launched its campaign there
- "We have decided and have ordered, directed the military to bring in foreign journalists, more foreign journalists, a lot," Netanyahu said
Geostrategy
Netanyahu says new Gaza plan ‘best way to end the war’ as criticism intensifies
UN says 'if these plans are implemented, they will likely trigger another calamity in Gaza, reverberating across the region and...
- The premier has faced regular protests over the course of the war, with many rallies calling for the government to strike a ceasefire and hostage-release deal.
- Netanyahu, however, has also come under pressure from the far right to go harder on Hamas, with Finance Minister Bezalel Smotrich slamming the new plan as half-hearted.
Business
Dubai records over 4,000 new-real estate activities in H1 2025
Dubai, UAE -- Dubai’s real estate market recorded 4,049 new activities in the first half of this year, reflecting the...
- Real estate brokerage services for property sales topped the list with 2,301 activities.
- This was followed by leasing brokerage services, accounting for 1,279 activities, reflecting the sector’s expanding broker network.
Business
SEC H1 net profit $1.67bn
Revenue grew by 24% to $7.38 billion.
- Revenue for Q2 grew by 24 percent to reach SAR 27.7 billion ($7.38 billion), while gross profit rose by 42 percent to SAR 7.4 billion.
- Operating profit increased by 21 percent to SAR 6.8 billion, and net profit reached SAR 5.3 billion-marking a 22 percent year-on-year increase.
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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 to ban 37 organizations operating in Gaza, aid flow under threat
Apart from MSF, some of the 37 NGOs to be hit with the ban are the Norwegian Refugee Council, World...
Geostrategy
Company News
Latest News
The armed groups clashing with Hamas in Gaza
Geostrategy
Picasso portrait of Dora Maar sells for $37 mn
Arts & Culture
Trump heads for Asia and Xi trade talks
Geostrategy
Palestinians recount ‘black hole’ of Israeli detention
Jerusalem, Undefined -- Denied contact with his lawyer for months, now freed Palestinian prisoner Shady Abu Sedo said he lost...
Geostrategy
Ukraine scrambles for energy with power generation at ‘zero’
Kyiv, Ukraine -- Ukraine was scrambling to turn lights and heating back on Sunday after Russian attacks targeting energy infrastructure...
Geostrategy
China’s consumer prices rose in Oct, reversing stagnation
Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
Economy
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Geostrategy
Turkey issues genocide arrest warrant against Netanyahu, senior officials in his govt
The announcement was met with a firm rebuttal from Israel. Foreign Minister Gideon Saar said Israel "firmly rejects, with contempt"...
- The Istanbul prosecutor's office said in a statement that a total of 37 suspects were targeted by the arrest warrants, without providing a full list
- The announcement was met with a firm rebuttal from Israel. Foreign Minister Gideon Saar said Israel "firmly rejects, with contempt" the charges
Geostrategy
Chinese ship scouts deep-ocean floor in South Pacific
Beijing, China -- A Chinese research vessel docked in the Cook Islands Saturday as it probed the Pacific nation's deep-sea...
- Huge areas of seabed around the Cook Islands are carpeted in polymetallic nodules, lumpy rocks studded with rare earths and critical minerals such as cobalt, nickel and manganese.
- Fringed by sparkling lagoons, South Pacific nation the Cook Islands has opened its vast ocean territory for deep-sea mining exploration.
Geostrategy
At COP30, nations target the jet set with luxury flight tax
Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global...
- Diplomats from the coalition of more than 10 countries are pushing for more to come aboard.
- Countries that do not yet have such a tax would commit to imposing levies on business and first-class tickets as well as private jets.