Trump to host Armenia, Azerbaijan for historic ‘Peace Signing’ Friday
US President Donald Trump announced he will host the leaders of Armenia and Azerbaijan on Friday for what he called...
Geostrategy
Electric ‘air taxis’ could debut in Japan from 2027
Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...
Business
Economy
Iraq looks to make football comeback with Gulf Cup
Basra, Iraq--Iraq on Friday welcomed football teams from across the region for the Gulf Cup, ending nearly three decades of...
- The tournament in the southern city of Basra brings together eight teams, with Friday's opening match seeing the host nation take on Oman
- Tournament organizers have undertaken major infrastructure projects to help Iraqis forget their years in the football wilderness
US job gains robust in December as wage growth slows
While a strong labor market may fuel optimism that the world's biggest economy can stave off a major downturn despite...
- Overall, employers added 223,000 workers, down from the revised 256,000 figure in November, though still higher than analysts expected
- Unemployment has hovered between 3.5 percent and 3.7 percent in recent months, and the latest figure is the lowest since February 2020
Geostrategy
More than 100 IS members arrested in operation: Syria Kurds
More than 100 members of Islamic State group have been arrested by the Kurdish-led Syrian Democratic Forces in an eight-day...
- The Syrian Kurds have been seeking to underline their value as a partner to the West in its campaign against IS
- The SDF said the operation was carried out alongside troops of the US-led coalition, although there was no immediate confirmation from the international force
Arts & Culture
Ronaldo must serve two-match ban before Al Nassr debut: Official
Riyadh, Saudi Arabia---Portuguese superstar Cristiano Ronaldo still needs to serve a two-match English Football Association ban before making his Al Nassr...
- Ronaldo was slapped with the ban in November for hitting a mobile phone out of a teenage fan's hand after Manchester United, his club at the time, lost to Everton.
- Al Nassr has not yet registered Ronaldo because the Saudi club have exceeded their quota for foreign players.
Market Report
Stocks mostly rise ahead of key US jobs data
Stock markets mostly advanced as traders awaited key US jobs data and after news of falling inflation in the eurozone....
- The Fed along with central banks worldwide last year kickstarted a string of aggressive rate hikes to battle decades-high inflation.
- Official data showed that annual inflation in the eurozone dropped for a second month in a row, to 9.2 percent in December.
EU top diplomat, in Morocco, vows ‘zero tolerance’ for graft
"The position of the EU is clear: There can be no impunity for corruption. Zero tolerance," EU foreign policy chief...
- Borrell's visit comes weeks after Belgian police raided several addresses used by European lawmakers and other officials, finding $1.6 million in cash
- Morocco is "the EU's top economic and trade partner on the African continent," Prime Minister Aziz Akhannouch said in a statement Thursday
Geostrategy
Iran detains celebrity chef in protest crackdown: reports
No reason was given for the arrest of Ebrahimi, who had some 2.7 million followers on Instagram enjoying his slickly...
- Navab Ebrahimi was arrested in Tehran on Wednesday and taken to the city's Evin prison, the Human Rights Activists News Agency said
- Iran has arrested at least 14,000 people in the wave of protests sparked by the September 16 death in custody of Mahsa Amini
More political storms for TikTok after US government ban
Owned by Chinese tech giant ByteDance, TikTok has become a political punching bag for US conservatives who allege that the...
- Democrats have joined the groundswell of criticism and Joe Biden last week signed a new law that bans the use of TikTok on government-issued devices
- The mood towards TikTok soured last month when ByteDance was forced to admit that employees improperly accessed TikTok data to track journalists
US diplomats go cold turkey on Turkey name, switch to Turkiye
In a statement announcing measures to disrupt financiers of the Islamic State group, the State Department wrote of joint action...
- The embassy websites in Ankara of Australia, Canada, India and New Zealand write Turkiye, while the British, Irish and South African embassies use Turkey
- Turks have long been upset by cartoons and other references that associate their country's name in English with the bird
Business
Samsung Electronics flags sharp Q4 profit drop on falling demand
to further tighten finances spurred by concerns over deteriorating consumer sentiment caused [by] continued high global interest rates and weak...
- The South Korean tech giant said operating profits for the October-December period likely slumped to $3.4 billion, a stinging year-on-year drop from 13.87 trillion
- In a statement, Samsung said fourth-quarter profits were "well below current market expectations", blaming the performance on macroeconomic issues
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
Trump to host Armenia, Azerbaijan for historic ‘Peace Signing’ Friday
US President Donald Trump announced he will host the leaders of Armenia and Azerbaijan on Friday for what he called...
Geostrategy
Company News
Latest News
Saudi Arabia formally launches bid for 2034 World Cup
Arts & Culture
European Union slaps Chinese electric cars with tariffs of up to 38%
Brussels, Belgium -- The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car...
Business
Lebanon’s Hezbollah rains rockets on Israel as Gaza war rages
Fire and smoke billows after rockets fired from southern Lebanon hit areas in northern Israel on July 4, 2024. (AFP).
Geostrategy
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Geostrategy
Syrian-based armed Iraqi groups ready to fight Israel to support Lebanon if war breaks out
As war rages in Gaza and threatens to spread to Lebanon, Iraqi militant groups warn they are ready to enter...
- Pro-Iran armed groups so-called "Axis of Resistance" is an alliance that includes Lebanon's Hezbollah and Yemen's Huthi rebels
- In late January, a drone strike launched by Iraqi armed groups killed three US soldiers across the border in Jordan
Geostrategy
Pro-Palestinian group scales Australia’s parliament
Sydney, Australia - Protesters scaled Australia's national parliament on Thursday, unfurling banners reading "Palestine will be free", and accusing Prime Minister...
- The protest follows recent divisions within the Labor government, which suspended a Muslim senator who voted in favour of Australia recognizing a Palestinian state
- Senator Fatima Payman said she had been "exiled" after supporting the parliamentary motion - put forward by the Greens party - in defiance of government policy
Geostrategy
Heavy fighting rocks Gaza as thousands are on the move again
The United Nations warned that the almost nine-month-old war had "unleashed a maelstrom of human misery."
- The UN agency supporting Palestinian refugees said 250,000 people had been impacted by the latest evacuation order
- The war has now displaced 80 percent of Gaza's population