Jordan says to host Syria-US meeting on reconstruction
The meeting, which will be attended by Syrian Foreign Minister Asaad al-Shaibani and US special envoy for Syria Thomas Barrack,...
Geostrategy
Russia cautious on Armenia-Azerbaijan deal, Iran reject border corridor
Russia cautiously welcomed a US-brokered draft deal between Armenia and Azerbaijan on Saturday, but Moscow's regional ally Iran rejected the...
Geostrategy
Business
ASML posts yearly profit of $6.1bn
The profit in year 2022 is 4.4 percent lower than in 2021.
- The maker of lithography machines that print microchips, said it expects strong growth for 2023, with net sales rising more than 25 percent.
- The United States restricted exports of semiconductor technology to China last year and wants the Netherlands and Japan to follow suit.
Business
Small businesses, big dreams: Iraq’s women entrepreneurs
The International Organization for Migration said in an October report that "prevailing customs and traditions... limit women's activities to their...
- Iraq's private sector is still embryonic, making more tedious and lengthy the steps to set up a company
- Iraq has 13 million employment-aged women yet only around one million are working
Sweden wants to resume ‘dialogue’ with Turkey on NATO
"Our collective message is that we want to call for calm, for reflection, for calm in the process so that...
- Turkey earlier in the day said it had postponed upcoming NATO accession talks with Sweden and Finland originally scheduled for February
- The Swedish PM said there were provocateurs who wanted to spoil Sweden's relations with other countries and foil its bid to join the NATO
Business
Microsoft quarterly results saved by cloud computing
Microsoft chief executive Satya Nadella last week said he was laying off about five percent of the company’s workforce, just...
- Microsoft said overall sales rose just two percent in the October-to-December period, to $52.7 billion, the slowest rise in six years
- Net profit of the tech giant landed at $16.4 billion for the quarter, down 12 percent year-on-year, according to its earnings release
Justin Bieber sells music rights for $200 mn
Contemporary stars including Justin Timberlake and Shakira have sold large stakes in their work - both also struck deals with...
- Hipgnosis did not publicly disclose terms of the deal, but a source close to the matter told AFP it was worth around $200 million
- The company said they acquired Bieber's interest in his publishing copyrights to his 290-song back catalog - all of his music released prior to December 31, 2021
Geostrategy
UN nuclear head to travel to Iran next month to restart talks
Brussels, Belgium--The head of the UN's nuclear watchdog said Tuesday he plans to go to Iran next month for "much needed"...
- Rafael Grossi said that he may go to Tehran "for a much needed political dialogue, or reestablishment thereof, with Iran"
- He noted that the big stockpile of enriched uranium "doesn't mean they have a nuclear weapon"
US sues Google over dominance of online ad market
In this latest suit, prosecutors took aim at Google's extremely profitable advertising business, asking that it be broken up to...
- The federal case follows state lawsuits against Google that have alleged it illegally dominates the markets for online search, advertising technology and apps on the Android mobile
- The recent case is the second federal lawsuit against Google over alleged antitrust violations and the first since US President Joe Biden took office two years ago
Geostrategy
India, Pakistan came close to nuclear war in 2019: Mike Pompeo
Nearly four years after India and Pakistan used fighter planes to bomb targets in divided Kashmir, former US secretary of...
- India launched airstrikes inside Pakistani territory after blaming a militant group there for a suicide bombing that killed 41 Indian paramilitary soldiers
- Pakistan shot down an Indian warplane, capturing the pilot
Geostrategy
UN agency for Palestinian refugees needs $1.6 bn for vital works in 2023
The agency warned that most Palestinian refugees now live below the poverty line and a growing number are dependent on...
- The agency, which counts nearly 30,000 staff -- most of them Palestinian refugees -- runs more than 700 schools.
- UNRWA chief Philippe Lazzarini said the agency played "an indispensable role" for millions of Palestinian refugees.
Arts & Culture
Egypt archaeologists uncover 1800-year-old ‘complete’ Roman city
Cairo, Egypt---Egyptian archaeologists said Tuesday they had discovered an 1,800-year-old "complete residential city from the Roman-era" in the heart of...
- The city, dating to the second and third centuries, is the "oldest and most important city found on the eastern bank of Luxor," said an official.
- Inside the workshops, researchers found a collection of pots, tools and "bronze and copper Roman coins."
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
Jordan says to host Syria-US meeting on reconstruction
The meeting, which will be attended by Syrian Foreign Minister Asaad al-Shaibani and US special envoy for Syria Thomas Barrack,...
Geostrategy
Company News
Latest News
US defends forcing sale of TikTok app
TikTok's suit argues this violates First Amendment rights of free speech.
Business
Gaza mediators, Israel spy chief to meet in Rome: Egypt media
"A four-way meeting between Egyptian officials and their American and Qatari counterparts, in the presence of Israel's intelligence chief, will...
Asian markets battle to recover from tech rout after reassuring US data
Asian traders struggled to fight back Friday after a tech-fuelled sell-off, taking heart from forecast-beating US growth data that reassured...
Economy
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Geostrategy
Palestinian and Jewish protesters stage rare peace march
Chanting "yes, to peace, yes, to a deal", hundreds of Palestinian and Jewish Israelis marched noisily through Tel Aviv on...
- Their agenda starts with a ceasefire in the Israel-Hamas war, but ultimately, they want to reboot Palestinian-Israeli relations,
- According to activists and watchdogs, Palestinian citizens of Israel have struggled to get authorization for anti-war protests
Geostrategy
Netanyahu, Biden to meet on elusive Gaza deal
Joe Biden will press Benjamin Netanyahu on Thursday to seal a Gaza ceasefire deal, despite the US president's shock election...
- Relations between Biden and Netanyahu are tense over Israel's conduct in the war
- Netanyahu's fiery speech to Congress sparked rowdy protests
Business
World’s richest 1% gained $40 trn in a decade: Oxfam
Paris, France - The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade,...
- Despite this windfall, taxes on the rich had plummeted to "historic lows", the NGO added, warning of "obscene levels" of inequality
- Brazil has made international cooperation on taxing the super-rich a priority of its presidency of the G20, a group of countries representing 80% of the world's GDP